NOT LISTED FOR SALE

5537 Mcfarland Rd Indianapolis, IN 46227

Edgewood Neighborhood

Estimated Value: $237,000 - $286,000

4 Beds
2 Baths
1,632 Sq Ft
$166/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $269,900 $165 Per Sq Ft

Current estimated payment $1,613/month

1 Day on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Ceramic Tile Flooring
  • No HOA
  • Eat-In Kitchen
  • Forced Air Heating System

About This Home

As of June 2023

A newly updated 4 Bed 2 Bath ranch home in Perry Township. The kitchen with eat in breakfast nook has gorgeous cabinetry, granite counter tops, new tile back splash and new stainless steel appliances. A large family room with a beautiful gas log fireplace that leads out to the pergola covered patio. The interior has all new flooring, fresh paint and new light fixtures throughout. This home sits on a large lot and has a freshly painted exterior with new windows. A 2car attached finished, heated garage.

Last Agent to Sell the Property

Shannon Adair

Canon Real Estate Services LLC License #RB14041605 Listed on: 05/04/2023

Co-Listed By

CANDACE BREZKO

Canon Real Estate Services LLC License #RB17000523

Last Buyer's Agent

Stacy Sims

CENTURY 21 Scheetz License #RB14040236

CENTURY 21 Scheetz

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,958

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 0.28

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,632 Sq Ft Home
  • Family Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 0.28 Acre Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Mary Knoll Park Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 491505104015000500

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,958

Year Built

Built in 1961 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1961
  • Building Area Total: 1632
  • Co List Office Phone: 317-920-9800
  • Garage Y N: Yes
  • Lot Size Acres: 0.28
  • Subdivision Name: Mary Knoll Park
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: realestateshannon@att.net
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, MicroHood, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 1632
  • Main Level Bedrooms: 4
  • Eating Area: None
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1632
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Foundation Details: Block
  • List Price: 269900
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Garage Sq Ft: 576

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Lot Size Sq Ft: 11979
  • Parcel Number: 491505104015000500
  • Acres: 1/4-1/2 Acre
  • Price Acre: 963928.571428571

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3958
  • Tax Lot: 5
  • Semi Annual Property Tax Amt: 1979
  • Tax Exemption: Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Jun 29, 2023
Sold by
Homes In Motion Llc
Bought by
Martin Margaret Koerner
Seller's Agent
Shannon Adair
Canon Real Estate Services LLC
Buyer's Agent
Stacy Sims
CENTURY 21 Scheetz
List Price
$269,900
Sold Price
$269,900
Views
31
Current Estimated Value
$270,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338
Avg. Annual Appreciation
0.06%
Original Mortgage
$242,910
Outstanding Balance
$236,875
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$33,363

Purchase Details

Listed on
Jan 25, 2023
Closed on
Feb 9, 2023
Sold by
Cooper Robert P
Bought by
Homes In Motion Llc
Seller's Agent
Jenny Laughner
CENTURY 21 Scheetz
Buyer's Agent
Charles Lemons
eXp Realty, LLC
List Price
$184,900
Sold Price
$172,000
Premium/Discount to List
-$12,900
-6.98%
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
291.70%

Purchase Details

Listed on
Jan 25, 2023
Closed on
Feb 7, 2023
Sold by
Cooper Robert P
Bought by
Homes In Motion Llc
Seller's Agent
Jenny Laughner
CENTURY 21 Scheetz
Buyer's Agent
Charles Lemons
eXp Realty, LLC
List Price
$184,900
Sold Price
$172,000
Premium/Discount to List
-$12,900
-6.98%
Views
30
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
Martin Margaret Koerner $269,900 First American
Homes In Motion Llc -- None Listed On Document
Homes In Motion Llc $172,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Margaret Koerner $242,910
Previous Owner Cooper Robert P $20,400
Previous Owner Cooper Robert P $108,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $269,900 0.0% $165 / Sq Ft
05/06/2023 05/06/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $269,900 +56.9% $165 / Sq Ft
02/09/2023 02/09/23 Sold $172,000 -7.0% $105 / Sq Ft
01/28/2023 01/28/23 Pending -- -- --
01/25/2023 01/25/23 For Sale $184,900 -- $113 / 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 $2,078 $221,400 $25,400 $196,000
2023 $2,078 $166,700 $25,400 $141,300
2022 $3,957 $150,600 $25,400 $125,200
2021 $3,459 $129,400 $25,400 $104,000
2020 $3,306 $122,900 $25,400 $97,500
2019 $3,105 $114,600 $16,400 $98,200
2018 $2,866 $106,700 $16,400 $90,300
2017 $2,953 $110,000 $16,400 $93,600
2016 $2,767 $102,800 $16,400 $86,400
2014 $2,473 $102,500 $16,400 $86,100
2013 $2,480 $102,500 $16,400 $86,100
Source: Public Records

Agents Affiliated with this Home

  • Shannon Adair

    Seller's Agent in 2023

    Shannon Adair

    Canon Real Estate Services LLC

    (317) 339-9115

    2 in this area

    257 Total Sales

    Shannon Adair
    Section Image
  • Jenny Laughner

    Seller's Agent in 2023

    Jenny Laughner

    CENTURY 21 Scheetz

    (317) 339-6972

    2 in this area

    234 Total Sales

    Jenny Laughner
    Section Image

  • C

    Seller Co-Listing Agent in 2023

    CANDACE BREZKO

    Canon Real Estate Services LLC

    (317) 599-9146

    2 in this area

    239 Total Sales

    CANDACE BREZKO
    Section Image
  • Stacy Sims

    Buyer's Agent in 2023

    Stacy Sims

    CENTURY 21 Scheetz

    (317) 667-9797

    1 in this area

    27 Total Sales

    Stacy Sims
    Section Image

  • C

    Buyer's Agent in 2023

    Charles Lemons

    eXp Realty, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21918072

MIBOR Broker Listing Cooperative®

APN: 49-15-05-104-015.000-500

Indiana Marion County Indianapolis 46227 Edgewood

5537 Mcfarland Rd, Indianapolis, IN

This home is located at 5537 Mcfarland Rd, Indianapolis, IN 46227 since 04 May 2023 and is currently estimated at $270,238, approximately $165 per square foot. This property was built in 1961. 5537 Mcfarland Rd is a home located in Marion County with nearby schools including Clinton Young Elementary School, Southport 6th Grade Academy, and Southport Middle 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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