NOT LISTED FOR SALE

5531 Central Ave Indianapolis, IN 46220

Meridian Kessler Neighborhood

Estimated Value: $564,000 - $983,083

3 Beds
3.5 Baths
3,378 Sq Ft
$239/Sq Ft Est. Value

Last Sold July 28, 2020

Last sale price $637,000 $189 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,988/month

3 Days on Market

Highlights

  • Family Room with Fireplace
  • Wood Flooring
  • Wood Frame Window
  • English Architecture
  • Formal Dining Room
  • Thermal Windows

About This Home

As of July 2020

Wow! This beautiful Meridian Kessler classic home with updates you will love on a deep, wooded lot! Front door w leaded glass welcomes you to a large foyer with impeccable hardwood floors. Huge living room & dining room have original leaded glass windows allowing for natural light. Main floor family room overlooks the backyard & updated kitchen boasts white cabinets, granite countertops and s/s appliances. Upstairs 3 spacious bedrooms w custom closets & 2 full baths. Finished waterproofed basement has a full bath & guest quarters/living space, ample storage & laundry room. Beautifully landscaped yard has outdoor entertaining space & 3 car garage with storage upstairs. Walking distance to award winning schools, restaurants and the Red Line.

Last Agent to Sell the Property

John Creamer

CENTURY 21 Scheetz License #RB14014819 Listed on: 06/25/2020

CENTURY 21 Scheetz

Co-Listed By

Molly Creamer

CENTURY 21 Scheetz License #RB17001780

Last Buyer's Agent

Michael Fox

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,056

Year Built

  • Built in 1929

Lot Details

  • 0.31 Acre Lot
  • Back Yard Fenced

Parking

  • 3 Car Garage
  • Driveway

Home Design

  • English Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Thermal Windows
  • Wood Frame Window
  • Window Screens
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Attic Access Panel
  • Storm Windows

Kitchen

  • Gas Oven
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Sump Pump

Utilities

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

Community Details

  • Light's Bellevue Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490612225023000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,056

Year Built

Built in 1929

Lot Details

0.31 Acres

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: English/Tudor
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1929
  • Co List Office Phone: 317-705-2500
  • Garage Y N: Yes
  • Lot Size Acres: 0.31
  • Subdivision Name: LIGHT'S BELLEVUE
  • Inspection Warranties: General,Not Applicable
  • Property Description: Wow! This beautiful Meridian Kessler classic home with updates you will love on a deep, wooded lot! Front door w leaded glass welcomes you to a large foyer with impeccable hardwood floors. Huge living room & dining room have original leaded glass windows allowing for natural light. Main floor family room overlooks the backyard & updated kitchen boasts white cabinets, granite countertops and s/s appliances. Upstairs 3 spacious bedrooms w custom closets & 2 full baths. Finished waterproofed basement has a full bath & guest quarters/living space, ample storage & laundry room. Beautifully landscaped yard has outdoor entertaining space & 3 car garage with storage upstairs. Walking distance to award winning schools, restaurants and the Red Line.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Accessibility Features YN: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished Ceiling, Partial, Finished Walls
  • Appliances: Dishwasher, Dryer, MicroHood, Electric Oven, Gas Oven, Washer
  • Levels: Two
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Living Room
  • Fireplaces: 2
  • Interior Amenities: Attic Access, Hardwood Floors, Screens Some, Storms Complete, Windows Thermal, Windows Wood
  • Living Area: 3378
  • Other Equipment: Sump Pump
  • Room Count: 12
  • Areas Interior: Foyer Large,Living Room Formal,Laundry in Basement,Utility Room
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2396
  • Main Level Sq Ft: 1414
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Balcony
  • Total Sq Ft: 3378
  • Kitchen Features: Breakfast Bar,Kitchen Eat In,Kitchen Updated
  • Below Grade Sq Ft: 982
  • Upper Level Sq Ft: 982
  • Pct Optional Level Finished: 75+%

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fence Full Rear
  • Foundation Details: Block, Full
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Porch Open

Garage/Parking

  • Garage Spaces: 3
  • Fuel: Gas
  • Garage Parking Description: Detached,Other
  • Garage Parking Other: Garage Door Opener,Finished Garage,Keyless Entry,Other

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Heat Pump
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Connected,Gas Connected,High Speed Internet Avail
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490612225023000801
  • Acres: 1/4-1/2 Acre
  • Lot Information: Sidewalks,Storm Sewer,Street Lights,Tree Mature
  • Lot Number: 19
  • Lot Size: 50 x 267

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 6056
  • Semi Annual Property Tax Amt: 3028
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Jul 28, 2020
Sold by
Huston Kevin E and Huston Estelle B
Bought by
Kaminski Philip A and Kaminski Mary Susan
Seller's Agent
John Creamer
CENTURY 21 Scheetz
Buyer's Agent
Michael Fox
F.C. Tucker Company
List Price
$625,000
Sold Price
$637,000
Premium/Discount to List
$12,000
1.92%
Current Estimated Value
$806,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,021
Avg. Annual Appreciation
4.26%
Original Mortgage
$509,600
Outstanding Balance
$446,810
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$359,211
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kaminski Philip A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaminski Philip A $509,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2020 07/28/20 Sold $637,000 +1.9% $189 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $625,000 -- $185 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $9,532 $844,500 $72,900 $771,600
2024 $9,469 $778,100 $72,900 $705,200
2023 $9,469 $767,500 $72,900 $694,600
2022 $10,004 $767,500 $72,900 $694,600
2021 $9,236 $763,800 $47,700 $716,100
2020 $5,809 $478,600 $47,700 $430,900
2019 $6,057 $488,700 $47,700 $441,000
2018 $5,863 $468,500 $47,700 $420,800
2017 $4,697 $426,900 $47,700 $379,200
2016 $4,598 $428,600 $47,700 $380,900
2014 $4,439 $407,200 $47,700 $359,500
2013 $3,853 $369,400 $47,700 $321,700
Source: Public Records

Agents Affiliated with this Home

  • John Creamer

    Seller's Agent in 2020

    John Creamer

    CENTURY 21 Scheetz

    (317) 250-5646

    26 in this area

    156 Total Sales

    John Creamer
    Section Image

  • M

    Seller Co-Listing Agent in 2020

    Molly Creamer

    CENTURY 21 Scheetz

    (317) 413-5646

    9 in this area

    44 Total Sales

    Molly Creamer
    Section Image

  • M

    Buyer's Agent in 2020

    Michael Fox

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21720625

MIBOR Broker Listing Cooperative®

APN: 49-06-12-225-023.000-801

Indiana Marion County Indianapolis 46220 Meridian Kessler

5531 Central Ave, Indianapolis, IN

Not Listed for Sale

Detached

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.
Based on information submitted to the MLS GRID

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