NOT LISTED FOR SALE

5557 Broadway St Indianapolis, IN 46220

Meridian Kessler Neighborhood

Estimated Value: $347,005 - $396,000

1 Bed
-- Bath
814 Sq Ft
$453/Sq Ft Est. Value

Last Sold February 18, 2021

Last sale price $276,000 $339 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,478/month

2 Days on Market

About This Home

As of February 2021

This tudor style duplex is a perfect investment or for someone who wants to live near the life of Broad Ripple. Live in one side and continue to collect rent from the other side or just hold as a cash flowing investment. It is really hard to beat this location! So many restaurants, bars and shops nearby, and Broad Ripple Village is just minutes away. The roof is 1 year old and the water heaters are only 3 years old. Furnaces are a great shape as well. Call today to schedule an appointment to view the property.

Last Agent to Sell the Property

James Storey

Keller Williams Indy Metro S License #RB17001849 Listed on: 02/04/2021

Keller Williams Indy Metro S

Last Buyer's Agent

Thomas Corbett

Keller Williams Indy Metro NE License #RB14038136

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,882

Year Built

  • Built in 1927

Lot Details

  • 6,425

Home Design

  • English Architecture
  • Spanish Architecture
  • Brick Exterior Construction

Additional Features

  • 1-Story Property
  • 6,425 Sq Ft Lot
  • Basement

Community Details

  • Broadway Heights Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for insurance, taxes
  • Assessor Parcel Number 490612105002000801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,882

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: English/Tudor, Spanish
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1927
  • Lot Size Acres: 0.1475
  • Structure Type: Duplex
  • Subdivision Name: BROADWAY HEIGHTS
  • Inspection Warranties: Not Applicable
  • Property Description: This tudor style duplex is a perfect investment or for someone who wants to live near the life of Broad Ripple. Live in one side and continue to collect rent from the other side or just hold as a cash flowing investment. It is really hard to beat this location! So many restaurants, bars and shops nearby, and Broad Ripple Village is just minutes away. The roof is 1 year old and the water heaters are only 3 years old. Furnaces are a great shape as well. Call today to schedule an appointment to view the property.
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One
  • Owner Pays: Insurance, Taxes
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • List Price: 235000

Garage/Parking

  • Unit Parking: Paved Area,2 Car Space

Utilities

  • Solid Waste: 0

Fee Information

  • Expenses: 6000

Lot Info

  • Parcel Number: 490612105002000801
  • Acres: <1/4 Acre
  • Lot Information: Corner
  • Lot Number: 8012400
  • Lot Size: 6,425

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4882
  • Semi Annual Property Tax Amt: 2441
  • Tax Exemption: None

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2021
Closed on
Apr 13, 2021
Sold by
Carrado Andrew Jordan and Carrado Lauren
Bought by
1279 Property Group Llc
Seller's Agent
James Storey
Keller Williams Indy Metro S
Buyer's Agent
Thomas Corbett
Keller Williams Indy Metro NE
List Price
$235,000
Sold Price
$276,000
Premium/Discount to List
$41,000
17.45%
Current Estimated Value
$369,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,002
Avg. Annual Appreciation
6.46%
Original Mortgage
$207,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 4, 2021
Closed on
Mar 22, 2021
Sold by
Stebbins Richard J
Bought by
Corrado Andrew Jordan and Corrado Lauren
Seller's Agent
James Storey
Keller Williams Indy Metro S
Buyer's Agent
Thomas Corbett
Keller Williams Indy Metro NE
List Price
$235,000
Sold Price
$276,000
Premium/Discount to List
$41,000
17.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 4, 2021
Closed on
Mar 17, 2021
Sold by
Bader Gregory W
Bought by
Stebbins Richard James
Seller's Agent
James Storey
Keller Williams Indy Metro S
Buyer's Agent
Thomas Corbett
Keller Williams Indy Metro NE
List Price
$235,000
Sold Price
$276,000
Premium/Discount to List
$41,000
17.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 4, 2021
Closed on
Mar 12, 2021
Sold by
Bader Gregory W
Bought by
Stebbins Richard James
Seller's Agent
James Storey
Keller Williams Indy Metro S
Buyer's Agent
Thomas Corbett
Keller Williams Indy Metro NE
List Price
$235,000
Sold Price
$276,000
Premium/Discount to List
$41,000
17.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 4, 2021
Closed on
Feb 17, 2021
Sold by
Bader Trust
Bought by
Stebbins Richard James
Seller's Agent
James Storey
Keller Williams Indy Metro S
Buyer's Agent
Thomas Corbett
Keller Williams Indy Metro NE
List Price
$235,000
Sold Price
$276,000
Premium/Discount to List
$41,000
17.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 4, 2021
Closed on
Feb 11, 2021
Sold by
Bader Trust
Bought by
Bader Trust
Seller's Agent
James Storey
Keller Williams Indy Metro S
Buyer's Agent
Thomas Corbett
Keller Williams Indy Metro NE
List Price
$235,000
Sold Price
$276,000
Premium/Discount to List
$41,000
17.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2020
Sold by
Bader Gregory W
Bought by
Bader Gregory W and Gregory W Bader Revocable Trust

Purchase Details

Closed on
Dec 3, 2010
Sold by
Bader William J
Bought by
Bader Gregory W

Purchase Details

Closed on
Sep 4, 2006
Sold by
Bader William J and Bader Doris J
Bought by
Bader Gregory W

Purchase Details

Closed on
Dec 28, 2004
Sold by
Bader William J and Bader Doris J
Bought by
Bader Gregory W
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
1279 Property Group Llc -- None Available
Corrado Andrew Jordan $276,000 Enterprise Title
Stebbins Richard James -- Enterprise Title
Stebbins Richard James -- None Listed On Document
Stebbins Richard James -- Enterprise Title
Bader Trust -- Enterprise Title
Bader Gregory W -- None Available
Bader Gregory W -- None Available
Bader Gregory W -- None Available
Bader William J -- None Available
Bader Gregory W -- None Available
Bader William J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corrado Andrew Jordan $207,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2021 02/18/21 Sold $276,000 +17.4% $339 / Sq Ft
02/07/2021 02/07/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $235,000 -- $289 / 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 $6,263 $259,000 $46,200 $212,800
2023 $6,263 $259,000 $46,200 $212,800
2022 $6,379 $259,000 $46,200 $212,800
2021 $5,039 $213,400 $39,600 $173,800
2020 $4,903 $206,800 $39,600 $167,200
2019 $4,995 $206,800 $39,600 $167,200
2018 $5,147 $211,400 $39,600 $171,800
2017 $4,555 $209,400 $39,600 $169,800
2016 $4,400 $206,600 $39,600 $167,000
2014 $4,478 $207,100 $39,600 $167,500
2013 $4,306 $207,100 $39,600 $167,500
Source: Public Records

Agents Affiliated with this Home

  • James Storey

    Seller's Agent in 2021

    James Storey

    Keller Williams Indy Metro S

    (317) 519-5178

    1 in this area

    22 Total Sales

    James Storey
    Section Image

  • T

    Buyer's Agent in 2021

    Thomas Corbett

    Keller Williams Indy Metro NE

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21764751

MIBOR Broker Listing Cooperative®

APN: 49-06-12-105-002.000-801

Indiana Marion County Indianapolis 46220 Meridian Kessler

5557 Broadway St, Indianapolis, IN

This home is located at 5557 Broadway St, Indianapolis, IN 46220 since 04 February 2021 and is currently estimated at $369,002, approximately $453 per square foot. This property was built in 1927. 5557 Broadway St is a home located in Marion County with nearby schools including James Whitcomb Riley School 43, Arsenal Technical High School, and George Washington Community High School No. 721.

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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