NOT LISTED FOR SALE

5527 Gateridge Ln Unit 13 Indianapolis, IN 46237

South Emerson Neighborhood

Estimated Value: $163,000 - $186,000

2 Beds
1.5 Baths
1,218 Sq Ft
1,568 Sq Ft Lot

Last Sold April 16, 2021

Last sale price $128,000 $105 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,120/month

Highlights

  • Ranch Style House
  • Formal Dining Room
  • 1 Car Attached Garage
  • Franklin Central High School Rated A-
  • Thermal Windows
  • Woodwork

About This Home

As of April 2021

Note: 55 and over community. Nice size 2 bedroom and 1.5 bath condo in quiet area where rarely a condo is for sale! Living room /dining room combo plus eat in kitchen plus added bonus room/tv room or craft room, which leads to outside back patio. Covered front porch and complete with one car attached garage. Maintenance free living. Close to shopping, hospital,and interstate! Location Location Location. 55 and over community.
Estate sale , selling as is.

Last Agent to Sell the Property

Mary Kay Childers

Tomorrow Realty, Inc. License #RB14042491 Listed on: 03/17/2021

Last Buyer's Agent

Jeffrey Landers

Engel & Volkers

Engel & Volkers

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $526

Year Built

  • Built in 2000

Lot Details

  • 1,568

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,218 Sq Ft Home
  • Woodwork
  • Thermal Windows
  • Window Screens
  • Formal Dining Room
  • Attic Access Panel

Kitchen

  • Electric Oven
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Handicap Accessible

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 491503152008000300

Community Details

Overview

  • Association fees include home owners, insurance, lawncare, ground maintenance, maintenance structure, maintenance, management, snow removal
  • Ridgeview Commons Subdivision
  • Property managed by Kirkpatrick

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$526

Year Built

Built in 2000

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 2000
  • Garage Y N: Yes
  • Subdivision Name: RIDGEVIEW COMMONS
  • Inspection Warranties: Warranty Homebuyers,Not Applicable
  • Property Description: Note: 55 and over community. Nice size 2 bedroom and 1.5 bath condo in quiet area where rarely a condo is for sale! Living room /dining room combo plus eat in kitchen plus added bonus room/tv room or craft room, which leads to outside back patio. Covered front porch and complete with one car attached garage. Maintenance free living. Close to shopping, hospital,and interstate! Location Location Location. 55 and over community. Estate sale , selling as is.
  • Transaction Type: Sale
  • Lifestyles: Double/Duplex
  • Unit Entry Level: 1
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Disposal, Electric Oven, Range Hood, Refrigerator, Washer
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Interior Amenities: Attic Access, Handicap Accessible Interior, Screens Complete, Windows Thermal, Wood Work Stained
  • Living Area: 1218
  • Other Equipment: Smoke Detector
  • Room Count: 6
  • Areas Interior: Foyer Small,Living Room Formal
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1218
  • Main Level Sq Ft: 1218
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Shower Stall Full
  • Total Sq Ft: 1218
  • Kitchen Features: Kitchen Eat In,Pantry
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Slab
  • List Price: 120000
  • Association Maintained Building Exterior: 1
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Finished Garage,Heated
  • Garage Sq Ft: 341

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Connected,Gas Connected
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Management Company Name: Kirkpatrick
  • Management Company Phone: 317-570-4358
  • H O A Disclosures: Covenants & Restrictions,55+ Community
  • Condo Description Location: Ground Level
  • Condo Type: Horizontal

Fee Information

  • Association Fee Includes: Association Home Owners, Entrance Common, Insurance, Insurance, Lawncare, Maintenance Grounds, Maintenance Structure, Maintenance, Management, Snow Removal
  • Mandatory Fee: 150

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491503152008000300
  • Acres: CndHPRCoop
  • Lot Information: Sidewalks,Storm Sewer,Street Lights
  • Lot Number: 0
  • Lot Size: HPR

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 526
  • Semi Annual Property Tax Amt: 263
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Franklin Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
Apr 16, 2021
Sold by
Gallagher Josephine
Bought by
Red Canyon Family Trust and Meek
Seller's Agent
Mary Kay Childers
Tomorrow Realty, Inc.
Buyer's Agent
Jeffrey Landers
Engel & Volkers
List Price
$120,000
Sold Price
$128,000
Premium/Discount to List
$8,000
6.67%
Current Estimated Value
$176,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,493
Avg. Annual Appreciation
7.40%
Source: Public Records

Range of Values:

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Average Value
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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
Red Canyon Family Trust -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $128,000 +6.7% $105 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $120,000 -- $99 / 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 $2,200 $105,600 $19,700 $85,900
2023 $2,200 $105,600 $19,700 $85,900
2022 $2,198 $105,600 $19,700 $85,900
2021 $443 $98,800 $19,700 $79,100
2020 $434 $90,000 $19,700 $70,300
2019 $527 $91,800 $19,700 $72,100
2018 $537 $92,700 $19,700 $73,000
2017 $539 $92,200 $19,700 $72,500
2016 $553 $91,500 $19,700 $71,800
2014 $691 $105,600 $19,700 $85,900
2013 $664 $105,600 $19,700 $85,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mary Kay Childers

    Tomorrow Realty, Inc.

    (317) 665-0087

    10 in this area

    67 Total Sales

    Mary Kay Childers
    Section Image

  • J

    Buyer's Agent in 2021

    Jeffrey Landers

    Engel & Volkers

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21771406

MIBOR Broker Listing Cooperative®

APN: 49-15-03-152-008.000-300

Indiana Marion County Indianapolis 46237 South Emerson

5527 Gateridge Ln Unit 13, Indianapolis, IN

This home is located at 5527 Gateridge Ln Unit 13, Indianapolis, IN 46237 since 17 March 2021 and is currently estimated at $176,493, approximately $144 per square foot. This property was built in 2000. 5527 Gateridge Ln Unit 13 is a home located in Marion County with nearby schools including Franklin Central High School, Gray Road Christian School, and Indianapolis Southside Christian Academy.

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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