NOT LISTED FOR SALE

5526 W 16th St Indianapolis, IN 46224

Estimated Value: $206,000 - $221,000

2 Beds
1 Bath
1,736 Sq Ft
$123/Sq Ft Est. Value

Last Sold February 19, 2016

Last sale price $89,900 $52 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $1,328/month

77 Days on Market

Highlights

  • Storm Windows
  • Woodwork
  • 1-Story Property
  • Speedway Junior High School Rated A
  • Bungalow
  • Forced Air Heating and Cooling System

About This Home

As of February 2016

SPEEDWAY Bungalow with Lots of Updates and Replacements**Roof, Electrical Box, Thermal Vinyl Windows, AC Unit and Total Remodel of the Bathroom w/Walk In Shower, Pedelstal Sink, New Window & Flooring**Hardwood Floors under the Carpets, Glass Door Knobs, Stained Wood Work & Arched Doorways**All This PLUS a Full Basement w/Replacement Windows**Adorable Kitchen Features a Built in Corner Cabinet**Same Owner for 41 Years**NICE, NICE Home!

Last Agent to Sell the Property

MaryLou Gordon

RE/MAX At The Crossing License #RB14014215 Listed on: 11/05/2015

RE/MAX At The Crossing

Last Buyer's Agent

MaryLou Gordon

RE/MAX At The Crossing License #RB14014215 Listed on: 11/05/2015

RE/MAX At The Crossing

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $476

Year Built

  • Built in 1944

Lot Details

  • 7,144 Sq Ft Lot

Home Design

  • Bungalow
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,736 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Window Screens
  • Attic Access Panel

Kitchen

  • Electric Oven
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Lookout

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Connected

Community Details

  • Home Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490536118016000914

Home Details

Home Type

Single Family

Est. Annual Taxes

$476

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow, TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1944
  • Garage Y N: Yes
  • Lot Size Acres: 0.164
  • Subdivision Name: HOME PLACE
  • Inspection Warranties: Not Applicable
  • Property Description: SPEEDWAY Bungalow with Lots of Updates and Replacements**Roof, Electrical Box, Thermal Vinyl Windows, AC Unit and Total Remodel of the Bathroom w/Walk In Shower, Pedelstal Sink, New Window & Flooring**Hardwood Floors under the Carpets, Glass Door Knobs, Stained Wood Work & Arched Doorways**All This PLUS a Full Basement w/Replacement Windows**Adorable Kitchen Features a Built in Corner Cabinet**Same Owner for 41 Years**NICE, NICE Home!
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full, Unfinished, Daylight/Lookout Windows
  • Appliances: Disposal, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access, Screens Complete, Storms Complete, Wood Work Stained
  • Living Area: 1736
  • Other Equipment: Smoke Detector
  • Room Count: 4
  • Areas Interior: Living Room Formal,Laundry in Basement,Bedroom Other on Main
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 868
  • Main Level Sq Ft: 868
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1736
  • Below Grade Sq Ft: 868
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Block
  • List Price: 94900
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 1 Car Detached
  • Garage Parking Other: Garage Door Opener,Guest Parking Premises,Storage Area

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Gas Connected
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490536118016000914
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Street Lights,Tree Mature
  • Lot Number: 286
  • Lot Size: 51x140

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 476
  • Semi Annual Property Tax Amt: 238
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Speedway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2015
Closed on
Feb 19, 2016
Sold by
Ledbetter Shirley
Bought by
Smith Meghan S
Seller's Agent
MaryLou Gordon
RE/MAX At The Crossing
Buyer's Agent
MaryLou Gordon
RE/MAX At The Crossing
List Price
$105,900
Sold Price
$89,900
Premium/Discount to List
-$16,000
-15.11%
Current Estimated Value
$213,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,770
Avg. Annual Appreciation
9.53%
Original Mortgage
$87,203
Interest Rate
3.81%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smith Meghan S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Meghan S $115,202
Closed Smith Meghan S $87,203
Previous Owner Ledbetter Shirley L $80,000
Previous Owner Ledbetter Shirley $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2016 02/19/16 Sold $89,900 -5.3% $52 / Sq Ft
01/22/2016 01/22/16 Pending -- -- --
01/13/2016 01/13/16 Price Changed $94,900 -5.0% $55 / Sq Ft
12/04/2015 12/04/15 Price Changed $99,900 -5.7% $58 / Sq Ft
11/05/2015 11/05/15 For Sale $105,900 -- $61 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,971 $167,500 $12,300 $155,200
2023 $1,971 $163,800 $12,300 $151,500
2022 $1,949 $157,700 $12,300 $145,400
2021 $1,446 $123,500 $12,300 $111,200
2020 $1,305 $115,500 $12,300 $103,200
2019 $1,022 $104,900 $12,300 $92,600
2018 $1,026 $103,800 $12,300 $91,500
2017 $936 $101,200 $12,300 $88,900
2016 $498 $95,700 $12,300 $83,400
2014 $477 $94,700 $12,300 $82,400
2013 $407 $90,700 $12,300 $78,400
Source: Public Records

Agents Affiliated with this Home

  • MaryLou Gordon

    Seller's Agent in 2016

    MaryLou Gordon

    RE/MAX At The Crossing

    (317) 701-1799

    13 in this area

    58 Total Sales

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21386303

MIBOR Broker Listing Cooperative®

APN: 49-05-36-118-016.000-914

Indiana Marion County Indianapolis 46224

5526 W 16th St, Indianapolis, IN

This home is located at 5526 W 16th St, Indianapolis, IN 46224 since 05 November 2015 and is currently estimated at $213,670, approximately $123 per square foot. This property was built in 1944. 5526 W 16th St is a home located in Marion County with nearby schools including Speedway Junior High School, Speedway Senior High School, and St. Christopher School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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