NOT LISTED FOR SALE

5619 S State Ave Indianapolis, IN 46227

Edgewood Neighborhood

Estimated Value: $83,000 - $137,000

3 Beds
1 Bath
840 Sq Ft
$141/Sq Ft Est. Value

Last Sold July 19, 2019

Last sale price $32,500 $39 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $761/month

4 Days on Market

Highlights

  • Mature Trees
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Traditional Architecture
  • Outdoor Storage
  • Combination Dining and Living Room

About This Home

As of July 2019

ATTENTION INVESTORS! This 3 BD/1 BA home is ideally located on Indy's near Southside in the heart of Perry Township just a short distance from the University of Indianapolis. This home sits on a large lot with ample outdoor space and two storage sheds. The home is ready to be rehabbed and returned to its original glory! Awesome flip or rental opportunity.

Last Agent to Sell the Property

Michael Ernest

Dropped Members License #RB16000416 Listed on: 07/03/2019

Dropped Members

Last Buyer's Agent

Jesus Cuevas

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 10,716 Sq Ft Lot
  • Partially Fenced Property
  • Mature Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Combination Dining and Living Room
  • Gas Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Elders Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491506124023000500

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1900
  • Garage Y N: No
  • Lot Size Acres: 0.246
  • Subdivision Name: ELDERS
  • Inspection Warranties: Not Applicable
  • Property Description: ATTENTION INVESTORS! This 3 BD/1 BA home is ideally located on Indy's near Southside in the heart of Perry Township just a short distance from the University of Indianapolis. This home sits on a large lot with ample outdoor space and two storage sheds. The home is ready to be rehabbed and returned to its original glory! Awesome flip or rental opportunity.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Gas Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Windows Vinyl
  • Living Area: 840
  • Other Equipment: Water-Softener Owned
  • Room Count: 2
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 840
  • Main Level Sq Ft: 840
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 840
  • Below Grade Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Fence Partial, Storage
  • Foundation Details: Slab
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available,Gas Available,High Speed Internet Avail
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491506124023000500
  • Acres: <1/4 Acre
  • Lot Information: Tree Mature
  • Lot Number: 142
  • Lot Size: 10,716

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 986
  • Semi Annual Property Tax Amt: 493
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Perry Township
  • Schools: Homecroft Elementary,Southport High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2019
Closed on
Jul 19, 2019
Sold by
Fajardo Joaquin and Fajardo Maria
Bought by
Torres Joel Chaves and Palafox Cristina Jannet Lopez
Seller's Agent
Michael Ernest
Dropped Members
Buyer's Agent
Jesus Cuevas
Carpenter, REALTORS®
List Price
$34,900
Sold Price
$32,500
Premium/Discount to List
-$2,400
-6.88%
Current Estimated Value
$118,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,147
Avg. Annual Appreciation
23.10%
Source: Public Records

Range of Values:

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Average Value
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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
Torres Joel Chaves $32,500 First American Title Insurance
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2019 07/19/19 Sold $32,500 -6.9% $39 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
07/03/2019 07/03/19 For Sale $34,900 -- $42 / 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 $1,574 $55,600 $12,400 $43,200
2023 $1,574 $57,700 $12,400 $45,300
2022 $1,465 $53,200 $12,400 $40,800
2021 $1,268 $44,900 $12,400 $32,500
2020 $1,210 $42,500 $12,400 $30,100
2019 $1,167 $40,700 $12,400 $28,300
2018 $1,081 $37,900 $12,400 $25,500
2017 $1,056 $37,000 $12,400 $24,600
2016 $1,037 $36,300 $12,400 $23,900
2014 $866 $35,700 $12,400 $23,300
2013 $869 $35,700 $12,400 $23,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Michael Ernest

    Dropped Members

    Section Image

  • J

    Buyer's Agent in 2019

    Jesus Cuevas

    Carpenter, REALTORS®

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21651684

MIBOR Broker Listing Cooperative®

APN: 49-15-06-124-023.000-500

Indiana Marion County Indianapolis 46227 Edgewood

5619 S State Ave, Indianapolis, IN

This home is located at 5619 S State Ave, Indianapolis, IN 46227 since 03 July 2019 and is currently estimated at $118,647, approximately $141 per square foot. This property was built in 1900. 5619 S State Ave is a home located in Marion County with nearby schools including Homecroft Elementary School, Southport 6th Grade Academy, and Southport Middle 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.

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