Seller's Agent in 2025
Gregory Mayo
Highgarden Real Estate
(317) 370-2847
1 in this area
50 Total Sales
5541 Lippan Way Indianapolis, IN 46221
Valley Mills NeighborhoodEstimated Value: $252,428 - $260,000
3
Beds
2.5
Baths
1,700
Sq Ft
$151/Sq Ft
Est. Value
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
-$1,393
Avg. Annual Appreciation
-0.75%
Original Mortgage
$250,260
Outstanding Balance
$250,043
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$6,564
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
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alexander Jimmy | -- | None Listed On Document | |
| Long Derek A | $144,900 | -- | |
| Long Derek A | $144,900 | Quality Title Insurance |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alexander Jimmy | $250,260 | |
| Previous Owner | Long Derek A | $137,655 |
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
71 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
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.
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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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