NOT LISTED FOR SALE

5616 Riva Ridge Dr Indianapolis, IN 46237

South Emerson Neighborhood

Estimated Value: $222,000 - $238,964

3 Beds
2 Baths
1,302 Sq Ft
$178/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $172,500 $132 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,418/month

Highlights

  • Deck
  • Attached Garage
  • Combination Kitchen and Dining Room
  • Franklin Central High School Rated A-

About This Home

As of February 2022

So many updates in this ranch home situated on a half acre to come see! A/C (2021), roof (2019) windows (2019), kitchen cabinets and island (2020), hardwood laminated flooring (2019), garage door opener (2021). Furnace is approximately 5 years old Oversized storage barn in the completely fenced in backyard. Open floor concept in the great room with lots of room in the kitchen area.

Last Agent to Sell the Property

Diana Abner

eXp Realty, LLC Listed on: 01/23/2022

eXp Realty, LLC

Last Buyer's Agent

Christian Abner

eXp Realty, LLC

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,566

Year Built

  • 1981

Lot Details

  • 0.5

Parking

  • Attached Garage

Additional Features

  • Combination Kitchen and Dining Room
  • Deck

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,566

Year Built

1981

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Warranty Homebuyers
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • Architectural Style: Ranch
  • Directions: ARLINGTON AVENUE NORTH OF THOMPSON ROAD TO RIVA RIDGE, LEFT TO HOME.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: FARHILL DOWNS
  • Special Features: None
  • Year Built: 1981

Interior Features

  • Appliances: Electric Cooktop, Dryer, Disposal, Microwave, Range Hood, Refrigerator, Washer
  • Areas Interior: Foyer Small,Laundry Room Main Level
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1302
  • Main Level Sq Ft: 1302
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Center Island,Kitchen Eat In,Kitchen Updated
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Window Metal
  • Other Equipment: Smoke Detector

Exterior Features

  • Exterior Features: Barn Storage, Driveway Concrete, Fence Full Rear
  • Foundation Details: Slab
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level
  • Construction Type: Aluminum Siding, Brick
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Guest Parking Premises,Guest Street Parking
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Solid Waste: 1
  • Utility Options: Cable Connected,High Speed Internet Avail
  • Water Heater: Electric
  • Sewer: Sewer Connected
  • Water Source: Public

Lot Info

  • Acres: 1/2-1 Acre
  • Lot Information: Sidewalks,Tree Mature
  • Lot Number: 396
  • Lot Size: 16,200

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 783
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption
  • Tax Annual Amount: 1566
  • Tax Year: 2021

MLS Schools

  • School District: Franklin Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2022
Closed on
Mar 4, 2022
Sold by
Detch Matthew S
Bought by
Sparks Courtney and Mcghee Jaylen
Seller's Agent
Diana Abner
eXp Realty, LLC
Buyer's Agent
Christian Abner
eXp Realty, LLC
List Price
$172,500
Sold Price
$172,500
Current Estimated Value
$231,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,491
Avg. Annual Appreciation
8.53%
Original Mortgage
$169,375
Outstanding Balance
$158,251
Interest Rate
3.92%
Mortgage Type
FHA
Estimated Equity
$73,740

Purchase Details

Listed on
Jan 23, 2022
Closed on
Feb 25, 2022
Sold by
Detch Matthew S
Bought by
Sparks Courtney and Mcghee Jaylen
Seller's Agent
Diana Abner
eXp Realty, LLC
Buyer's Agent
Christian Abner
eXp Realty, LLC
List Price
$172,500
Sold Price
$172,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,375
Outstanding Balance
$158,251
Interest Rate
3.92%
Mortgage Type
FHA
Estimated Equity
$73,740

Purchase Details

Listed on
Aug 21, 2019
Closed on
Oct 25, 2019
Sold by
Collins Davvid G
Bought by
Detch Matthew S
Seller's Agent
Kelly Wood
RE/MAX Centerstone
Buyer's Agent
Diana Abner
eXp Realty, LLC
List Price
$169,900
Sold Price
$147,000
Premium/Discount to List
-$22,900
-13.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%
Original Mortgage
$139,650
Interest Rate
3.7%
Mortgage Type
New Conventional
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
Sparks Courtney -- Drake Andrew R
Sparks Courtney $172,500 Drake Andrew R
Detch Matthew S $147,000 Quality Title Insurance Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sparks Courtney $169,375
Closed Sparks Courtney $169,375
Previous Owner Detch Matthew S $139,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2022 02/25/22 Sold $172,500 0.0% $132 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $172,500 +17.3% $132 / Sq Ft
10/25/2019 10/25/19 Sold $147,000 -1.9% $113 / Sq Ft View Prior Sale
09/19/2019 09/19/19 Pending -- -- --
09/16/2019 09/16/19 Price Changed $149,900 -5.1% $115 / Sq Ft
09/01/2019 09/01/19 Price Changed $157,900 -1.3% $121 / Sq Ft
08/25/2019 08/25/19 Price Changed $159,900 -5.9% $123 / Sq Ft
08/21/2019 08/21/19 For Sale $169,900 -- $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 $2,299 $216,900 $38,100 $178,800
2023 $2,299 $207,600 $38,100 $169,500
2022 $2,124 $188,200 $38,100 $150,100
2021 $1,798 $159,000 $38,100 $120,900
2020 $1,649 $145,400 $38,100 $107,300
2019 $1,240 $115,900 $28,400 $87,500
2018 $1,178 $109,900 $28,400 $81,500
2017 $1,138 $106,100 $28,400 $77,700
2016 $1,116 $104,100 $28,400 $75,700
2014 $938 $93,800 $28,400 $65,400
2013 $867 $88,700 $28,400 $60,300
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Diana Abner

    eXp Realty, LLC

    Section Image

  • C

    Buyer's Agent in 2022

    Christian Abner

    eXp Realty, LLC

    Section Image
  • Kelly Wood

    Seller's Agent in 2019

    Kelly Wood

    RE/MAX Centerstone

    (317) 753-6656

    135 Total Sales

    Kelly Wood
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21834862

MIBOR Broker Listing Cooperative®

APN: 49-10-34-118-020.000-300

Indiana Marion County Indianapolis 46203 South Emerson

5616 Riva Ridge Dr, Indianapolis, IN

This home is located at 5616 Riva Ridge Dr, Indianapolis, IN 46237 since 23 January 2022 and is currently estimated at $231,991, approximately $178 per square foot. This property was built in 1981. 5616 Riva Ridge Dr is a home located in Marion County with nearby schools including Franklin Central High School, Gray Road Christian School, and Indianapolis Southside Christian Academy.

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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