NOT LISTED FOR SALE

5540 Independence Ave Indianapolis, IN 46234

Estimated Value: $334,062 - $348,000

4 Beds
2.5 Baths
2,120 Sq Ft
$160/Sq Ft Est. Value

Last Sold November 27, 2018

Last sale price $202,000 $95 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,037/month

8 Days on Market

Highlights

  • Vaulted Ceiling
  • 1 Fireplace
  • 2 Car Attached Garage
  • Reagan Elementary School Rated A+
  • Double Oven
  • Walk-In Closet

About This Home

As of November 2018

Brownsburg living at its best! Spacious floor plan, having 4 bedrooms up and the downstairs boasting of a living room (which could be an office or playroom!), spacious great room and large kitchen! You'll love the deck, with a pergola, which makes the perfect setting for those fall cookouts!! BTW, have fun throwing a few "pig skins" in that big backyard while you're waiting on those burgers to cook! Did I mention the beautiful privacy fence?? There's more...you're across the street from a well-manicured park that has many amenities and just a few steps away from the walking trails!! Coming home will be like going to your favorite vacation spot!! Enjoy the easy access to downtown Indy or the community of Brownsburg & Brownsburg schools!

Last Agent to Sell the Property

Cheryl Cassidy

Cheryl Cassidy, REALTOR License #RB14004002 Listed on: 10/17/2018

Last Buyer's Agent

Corina Jones

Your Home Team

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,546

Year Built

  • Built in 2006

Lot Details

  • 9,444 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Vinyl Clad Windows
  • Fire and Smoke Detector

Kitchen

  • Double Oven
  • Gas Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Association fees include maintenance, parkplayground, pool
  • Williamsburg Villages Subdivision
  • Property managed by Ardsley

Listing and Financial Details

  • Assessor Parcel Number 320808234006000015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,546

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 2006
  • Garage Y N: Yes
  • Lot Size Acres: 0.2168
  • Subdivision Name: WILLIAMSBURG VILLAGES
  • Inspection Warranties: Not Applicable
  • Property Description: Brownsburg living at its best! Spacious floor plan, having 4 bedrooms up and the downstairs boasting of a living room (which could be an office or playroom!), spacious great room and large kitchen! You'll love the deck, with a pergola, which makes the perfect setting for those fall cookouts!! BTW, have fun throwing a few "pig skins" in that big backyard while you're waiting on those burgers to cook! Did I mention the beautiful privacy fence?? There's more...you're across the street from a well-manicured park that has many amenities and just a few steps away from the walking trails!! Coming home will be like going to your favorite vacation spot!! Enjoy the easy access to downtown Indy or the community of Brownsburg & Brownsburg schools!
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, MicroHood, Gas Oven, Double Oven
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Amenities: Raised Ceiling(s), Walk-in Closet(s), Windows Vinyl
  • Living Area: 2120
  • Other Equipment: Smoke Detector
  • Room Count: 7
  • Areas Interior: Foyer Large,Laundry Room Upstairs
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2120
  • Main Level Sq Ft: 976
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Fireplace,Shower Stall Full,Sinks Double,Tub Garden
  • Total Sq Ft: 2120
  • Kitchen Features: Center Island,Pantry
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 1144
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl With Stone
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fence Full Rear
  • Foundation Details: Slab
  • List Price: 205000
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Semi-Annually
  • Management Company Name: Ardsley
  • Management Company Phone: 317-253-1401

Fee Information

  • Association Fee Includes: Maintenance, ParkPlayground, Pool
  • Mandatory Fee: 218

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 320808234006000015
  • Acres: <1/4 Acre
  • Lot Information: Curbs,Sidewalks
  • Lot Number: 343
  • Lot Size: 9,444

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1546
  • Semi Annual Property Tax Amt: 773
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Brownsburg Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2018
Closed on
Nov 26, 2018
Sold by
Borcherding Kyle and Borcherding Kelsey
Bought by
Juarez Maldonado Julio
Seller's Agent
Cheryl Cassidy
Cheryl Cassidy, REALTOR
Buyer's Agent
Corina Jones
Your Home Team
List Price
$205,000
Sold Price
$202,000
Premium/Discount to List
-$3,000
-1.46%
Current Estimated Value
$340,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,016
Avg. Annual Appreciation
7.87%
Original Mortgage
$170,000
Outstanding Balance
$149,774
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$190,242

Purchase Details

Listed on
Apr 14, 2015
Closed on
Sep 29, 2015
Sold by
Moradian Trust
Bought by
Borcherding Kyle and Borcherding Kelsey
Seller's Agent
James Metro
Fathom Realty
Buyer's Agent
Cheryl Cassidy
Cheryl Cassidy, REALTOR
List Price
$205,000
Sold Price
$185,000
Premium/Discount to List
-$20,000
-9.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.82%
Original Mortgage
$175,750
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2013
Sold by
Jb Resources Inc
Bought by
Merlo Thomas A and Merlo Kelly

Purchase Details

Listed on
Oct 8, 2012
Closed on
Dec 18, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Jb Resources Inc
Seller's Agent
Jenni Ruiz
J S Ruiz Realty, Inc.
Buyer's Agent
James Boyce
Mission House Realty LLC
List Price
$111,777
Sold Price
$111,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%

Purchase Details

Closed on
Jul 2, 2012
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jun 21, 2012
Sold by
Newsome Tieisha D and Wade Tieisha
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 25, 2006
Sold by
Beazer Homes Indiana Llp
Bought by
Newsome Tiesha D and Newsome Kanneth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,209
Interest Rate
6.49%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 4, 2006
Sold by
Trinity Homes Llc
Bought by
Beazer Homes Indiana Llp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Juarez Maldonado Julio $202,000 Chicago Title
Borcherding Kyle -- Chicago Title
Borcherding Kyle -- Chicago Title
Merlo Thomas A -- --
Jb Resources Inc -- None Available
The Secretary Of Housing & Urban Develop -- None Available
Wells Fargo Bank Na $124,000 None Available
Newsome Tiesha D -- None Available
Beazer Homes Indiana Llp -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Juarez Maldonado Julio $170,000
Previous Owner Borcherding Kyle $175,750
Previous Owner Newsome Tiesha D $165,209
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/27/2018 11/27/18 Sold $202,000 -1.5% $95 / Sq Ft
10/26/2018 10/26/18 Pending -- -- --
10/17/2018 10/17/18 For Sale $205,000 +10.8% $97 / Sq Ft
09/30/2015 09/30/15 Sold $185,000 0.0% $87 / Sq Ft View Prior Sale
08/07/2015 08/07/15 Pending -- -- --
06/04/2015 06/04/15 Price Changed $185,000 -7.5% $87 / Sq Ft
05/08/2015 05/08/15 Price Changed $200,000 -2.4% $94 / Sq Ft
04/14/2015 04/14/15 For Sale $205,000 +83.4% $97 / Sq Ft
12/20/2012 12/20/12 Sold $111,777 0.0% $53 / Sq Ft View Prior Sale
12/04/2012 12/04/12 Pending -- -- --
10/08/2012 10/08/12 For Sale $111,777 -- $53 / 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 $2,881 $288,100 $51,600 $236,500
2023 $2,383 $241,100 $46,100 $195,000
2022 $2,271 $230,100 $43,500 $186,600
2021 $1,893 $196,900 $39,500 $157,400
2020 $1,713 $181,600 $39,500 $142,100
2019 $1,593 $173,200 $37,600 $135,600
2018 $1,501 $164,600 $37,600 $127,000
2017 $1,546 $166,200 $35,800 $130,400
2016 $1,471 $160,900 $35,800 $125,100
2014 $1,478 $153,100 $33,700 $119,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21601881

MIBOR Broker Listing Cooperative®

APN: 32-08-08-234-006.000-015