Seller's Agent in 2025
Gregory Mayo
Highgarden Real Estate
(317) 370-2847
1 in this area
49 Total Sales
5541 Lippan Way Indianapolis, IN 46221
Valley Mills Neighborhood
3
Beds
2.5
Baths
1,700
Sq Ft
7,841
Sq Ft Lot
Highlights
- Vaulted Ceiling
- 2 Car Attached Garage
- Shed
- Traditional Architecture
- Walk-In Closet
- Ceramic Tile Flooring
About This Home
As of August 2025Welcome to Lippan Way - where comfort meets convenience and the updates are already done for you. This charming 3-bedroom, 2.5-bath Traditional American two-story checks all the boxes-and then some. Need space? You've got it, with a roomy loft perfect for movie nights, game days, or that home office you keep saying you'll set up. Step inside and notice the love this home's received over the years: A new roof in 2017 (because surprises are great, but not on your ceiling) New windows and a sliding patio door in 2018 for energy efficiency and effortless backyard BBQ access A water softener (2022)-your appliances (and your hair) will thank you A gorgeous new deck (2024) ready for summer lounging And just installed bath exhaust fans (2025)-because fresh air matters The fenced backyard is perfect for pets, playtime, or pretending you're good at gardening. Located in a friendly neighborhood with easy access to shopping, dining, and all things Indy, this one is as move-in ready as it gets. Come see it before someone else does!
Last Agent to Sell the Property
Highgarden Real Estate License #RB16001045 Listed on: 06/30/2025
Last Buyer's Agent
Amy Evans
Carpenter, REALTORS®
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,804
Year Built
- Built in 1997
Lot Details
- 7,797 Sq Ft Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 2-Story Property
- Vaulted Ceiling
- Living Room with Fireplace
- Combination Kitchen and Dining Room
- Laundry on main level
Kitchen
- Electric Oven
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Outdoor Features
- Shed
- Storage Shed
Utilities
- Forced Air Heating and Cooling System
- Water Softener is Owned
Community Details
- Valley Mills Subdivision
Listing and Financial Details
- Tax Lot 49-13-12-110-023.000-200
- Assessor Parcel Number 491312110023000200
- Seller Concessions Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 30, 2025
Closed on
Aug 22, 2025
Sold by
Long Derek A and Kent Alexandra B
Bought by
Alexander Jimmy
Seller's Agent
Gregory Mayo
Highgarden Real Estate
Buyer's Agent
Amy Evans
Carpenter, REALTORS®
List Price
$259,900
Sold Price
$258,000
Premium/Discount to List
-$1,900
-0.73%
Views
23
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,399
Avg. Annual Appreciation
-0.58%
Original Mortgage
$250,260
Outstanding Balance
$250,043
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$7,101
Purchase Details
Listed on
Aug 28, 2017
Closed on
Oct 10, 2017
Sold by
Burr Timothy F
Bought by
Long Derek A and Kent Alexandra B
Seller's Agent
Joyce Stucky
Buyer's Agent
Rodney Heard
eXp Realty LLC
List Price
$144,900
Sold Price
$144,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$137,655
Interest Rate
3.78%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Deed | $144,900 | -- | |
| Deed | $144,900 | Quality Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $250,260 | New Conventional | |
| Previous Owner | $137,655 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/22/2025 08/22/25 | Sold | $258,000 | -0.7% | $152 / Sq Ft | |
| 07/22/2025 07/22/25 | Pending | -- | -- | -- | |
| 07/18/2025 07/18/25 | For Sale | $259,900 | 0.0% | $153 / Sq Ft | |
| 07/10/2025 07/10/25 | Pending | -- | -- | -- | |
| 06/30/2025 06/30/25 | For Sale | $259,900 | +79.4% | $153 / Sq Ft | |
| 10/10/2017 10/10/17 | Sold | $144,900 | 0.0% | $85 / Sq Ft | View Prior Sale |
| 09/06/2017 09/06/17 | Pending | -- | -- | -- | |
| 08/28/2017 08/28/17 | For Sale | $144,900 | -- | $85 / 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 | $2,804 | $262,800 | $12,800 | $250,000 |
| 2024 | $2,549 | $250,700 | $12,800 | $237,900 |
| 2023 | $2,549 | $221,300 | $12,800 | $208,500 |
| 2022 | $2,325 | $195,400 | $12,800 | $182,600 |
| 2021 | $2,181 | $183,800 | $12,800 | $171,000 |
| 2020 | $1,893 | $167,700 | $12,800 | $154,900 |
| 2019 | $1,775 | $150,000 | $12,800 | $137,200 |
| 2018 | $1,625 | $138,800 | $12,800 | $126,000 |
| 2017 | $833 | $120,800 | $12,800 | $108,000 |
| 2016 | $696 | $115,300 | $12,800 | $102,500 |
| 2014 | $386 | $103,100 | $12,800 | $90,300 |
| 2013 | $254 | $97,800 | $12,800 | $85,000 |
Source: Public Records
Agents Affiliated with this Home
-
Gregory Mayo
-
Amy Evans
Buyer's Agent in 2025
Amy Evans
Carpenter, REALTORS®
(317) 413-5862
2 in this area
69 Total Sales
-
R
Buyer Co-Listing Agent in 2025
Reba Evans
Carpenter, REALTORS®
-
J
Seller's Agent in 2017
Joyce Stucky
-
R
Buyer's Agent in 2017
Rodney Heard
eXp Realty LLC
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22048205
APN: 49-13-12-110-023.000-200
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Based on information submitted to the MLS GRID
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