NOT LISTED FOR SALE

5551 Meadowood Dr Indianapolis, IN 46224

Estimated Value: $238,000 - $316,000

3 Beds
1.5 Baths
1,916 Sq Ft
$141/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $250,000 $130 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,706/month

Highlights

  • Ranch Style House
  • No HOA
  • Eat-In Kitchen
  • Speedway Junior High School Rated A
  • 1 Car Detached Garage
  • Patio

About This Home

As of May 2024

Check out this inviting 3 Bed, 1.5 Bath Home in desirable Meadowood. Boasting spacious living areas, an open floor plan, and a full basement, this home is the one to make your own! The large family room elicits cozy evenings by the fireplace while the open floor plan allows for practicality making entertaining a breeze. Downstairs the full basement awaits your vision. Ample storage and space for all your needs. Great size backyard and one car garage. Don't miss out!

Last Agent to Sell the Property

Kyle Speckman

F.C. Tucker Company Brokerage Email: kyle.speckman@talktotucker.com License #RB17000360 Listed on: 03/28/2024

F.C. Tucker Company

Last Buyer's Agent

Lucia Girgis

Snyder Strategy Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,626

Year Built

  • Built in 1957

Lot Details

  • 9,017

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Speedway Junior High School
  • Speedway Senior High School

Utilities

  • Forced Air Heating System
  • Water Heater

Additional Features

  • Patio
  • 9,017 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Meadowood Subdivision

Listing and Financial Details

  • Tax Lot 49-05-25-106-009.000-914
  • Assessor Parcel Number 490525106009000914

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,626

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1957
  • Building Area Total: 2470
  • Garage Y N: Yes
  • Lot Size Acres: 0.21
  • Subdivision Name: Meadowood
  • Transaction Type: Sale
  • Website: https://youtu.be/cSE8UnwVGxk
  • Accessibility Features YN: No
  • MBR_AttributionContact: kyle.speckman@talktotucker.com
  • Attribution Contact: kyle.speckman@talktotucker.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Appliances: Dryer, Electric Oven, Refrigerator, Washer, Water Heater, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 553
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 1916
  • Main Level Bedrooms: 3
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1363
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • List Price: 250000
  • Patio And Porch Features: Open Patio

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached
  • Garage Sq Ft: 280

Utilities

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

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Speedway Junior High School

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 9017
  • Parcel Number: 490525106009000914
  • Acres: <1/4 Acre
  • Price Acre: 1190476

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2626
  • Tax Lot: 49-05-25-106-009.000-914
  • Semi Annual Property Tax Amt: 1313
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • High School: Speedway Senior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2025
Sold by
Alyasiri Mohammed
Bought by
Hussein Marwa M
Current Estimated Value
$270,313

Purchase Details

Listed on
Mar 28, 2024
Closed on
May 2, 2024
Sold by
Morris Daniel E and Brinson-Morris Kerri L
Bought by
Hussein Marwa M and Alyasiri Mohammed
Seller's Agent
Kyle Speckman
F.C. Tucker Company
Buyer's Agent
Lucia Girgis
Snyder Strategy Realty, Inc
List Price
$250,000
Sold Price
$250,000
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%
Original Mortgage
$216,218
Interest Rate
6.82%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 9, 2023
Sold by
Morris Eugene E
Bought by
Morris Eugene E and Morris Daniel E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hussein Marwa M -- None Listed On Document
Hussein Marwa M $250,000 None Listed On Document
Morris Eugene E -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hussein Marwa M $216,218
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $250,000 0.0% $130 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
03/28/2024 03/28/24 For Sale $250,000 -- $130 / 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 $2,795 $231,200 $20,100 $211,100
2023 $2,795 $224,400 $20,100 $204,300
2022 $2,626 $208,100 $20,100 $188,000
2021 $1,991 $160,800 $20,100 $140,700
2020 $1,713 $141,300 $20,100 $121,200
2019 $1,695 $141,300 $20,100 $121,200
2018 $1,553 $131,600 $20,100 $111,500
2017 $1,411 $127,300 $20,100 $107,200
2016 $1,390 $124,600 $20,100 $104,500
2014 $1,353 $123,000 $20,100 $102,900
2013 $1,337 $119,400 $20,100 $99,300
Source: Public Records

Agents Affiliated with this Home

  • Kyle Speckman

    Seller's Agent in 2024

    Kyle Speckman

    F.C. Tucker Company

    (317) 496-3051

    1 in this area

    28 Total Sales

    Kyle Speckman
    Section Image

  • L

    Buyer's Agent in 2024

    Lucia Girgis

    Snyder Strategy Realty, Inc

    Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21970652

MIBOR Broker Listing Cooperative®

APN: 49-05-25-106-009.000-914

Indiana Marion County Indianapolis 46224

5551 Meadowood Dr, Indianapolis, IN

This home is located at 5551 Meadowood Dr, Indianapolis, IN 46224 since 28 March 2024 and is currently estimated at $270,313, approximately $141 per square foot. This property was built in 1957. 5551 Meadowood Dr is a home located in Marion County with nearby schools including Speedway Junior High School, Speedway Senior High School, and St. Christopher 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.

Nearby Homes