NOT LISTED FOR SALE

5622 Riva Ridge Dr Indianapolis, IN 46237

South Emerson Neighborhood

Estimated Value: $216,000 - $242,000

3 Beds
1.5 Baths
1,626 Sq Ft
$143/Sq Ft Est. Value

Last Sold April 05, 2019

Last sale price $113,000 $69 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,384/month

30 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Franklin Central High School Rated A-
  • Eat-In Kitchen
  • Combination Kitchen and Dining Room

About This Home

As of April 2019

Great investment or sweat equity opportunity here. House priced well below market value just needs some TLC. Some updates already started

Last Agent to Sell the Property

Dennis Beikman

Ala Carte Realty License #RB14034007 Listed on: 02/11/2019

Last Buyer's Agent

Fabricio Perez

eXp Realty, LLC

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,204

Year Built

  • Built in 1978

Lot Details

  • 0.28

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,626 Sq Ft Home
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • 0.28 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • Farhill Downs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491034118015000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,204

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1978
  • Garage Y N: Yes
  • Lot Size Acres: 0.28
  • Subdivision Name: FARHILL DOWNS
  • Inspection Warranties: Not Applicable
  • Property Description: Great investment or sweat equity opportunity here. House priced well below market value just needs some TLC. Some updates already started
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, None, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access
  • Living Area: 1626
  • Other Equipment: Not Applicable
  • Room Count: 5
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1626
  • Main Level Sq Ft: 1626
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Total Sq Ft: 1626
  • Kitchen Features: Kitchen Eat In
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space
  • List Price: 119900
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Electric
  • Garage Parking Description: Attached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491034118015000300
  • Acres: 1/4-1/2 Acre
  • Lot Number: 397
  • Lot Size: 12602

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2204
  • Semi Annual Property Tax Amt: 1102
  • Tax Exemption: None

MLS Schools

  • School District: Franklin Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2021
Sold by
Perez Investments Fund Llc
Bought by
Martinez Orzuna Juan
Current Estimated Value
$231,894

Purchase Details

Listed on
Feb 11, 2019
Closed on
Apr 5, 2019
Sold by
Collins Bilinda
Bought by
Perez Investments Fund Llc
Seller's Agent
Dennis Beikman
Ala Carte Realty
Buyer's Agent
Fabricio Perez
eXp Realty, LLC
List Price
$119,900
Sold Price
$113,000
Premium/Discount to List
-$6,900
-5.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.60%

Purchase Details

Closed on
Apr 13, 2018
Bought by
Bilinda Collins

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,075
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2014
Sold by
Terry Damien
Bought by
Shields Timothy A

Purchase Details

Closed on
Nov 5, 2010
Sold by
In Wsh Llc
Bought by
Terry Damien

Purchase Details

Closed on
Nov 3, 2010
Sold by
Secretary Of Housing & Urban Development
Bought by
In Wsh Llc

Purchase Details

Closed on
Aug 5, 2009
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jun 3, 2009
Sold by
Passwaiter Nancy L
Bought by
Wells Fargo Bank Na
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
Martinez Orzuna Juan $180,000 None Available
Perez Investments Fund Llc $113,000 Eagle Land Title
Bilinda Collins $108,500 --
Collins Bilinda $108,500 Chicago Title
Shields Timothy A $42,500 Chicago Title
Infinity Real Estate Investments Llc -- Chicago Title Company Llc
Terry Damien -- Meridian Title Corp
In Wsh Llc -- Meridian Title Corp
The Secretary Of Housing & Urban Develop -- None Available
Wells Fargo Bank Na $148,869 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collins Bilinda $103,075
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2019 04/05/19 Sold $113,000 -5.8% $69 / Sq Ft
03/14/2019 03/14/19 Pending -- -- --
02/27/2019 02/27/19 For Sale $119,900 0.0% $74 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
02/11/2019 02/11/19 For Sale $119,900 -- $74 / 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 $1,896 $175,800 $29,600 $146,200
2023 $1,896 $178,800 $29,600 $149,200
2022 $1,829 $172,300 $29,600 $142,700
2021 $1,525 $142,200 $29,600 $112,600
2020 $2,690 $129,500 $29,600 $99,900
2019 $1,266 $116,300 $22,100 $94,200
2018 $1,228 $112,800 $22,100 $90,700
2017 $2,295 $123,000 $22,100 $100,900
2016 $2,457 $117,900 $22,100 $95,800
2014 $1,178 $116,200 $22,100 $94,100
2013 $1,113 $109,700 $22,100 $87,600
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Dennis Beikman

    Ala Carte Realty

    3 in this area

    16 Total Sales

    Dennis Beikman
    Section Image

  • F

    Buyer's Agent in 2019

    Fabricio Perez

    eXp Realty, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21618372

MIBOR Broker Listing Cooperative®

APN: 49-10-34-118-015.000-300

Indiana Marion County Indianapolis 46203 South Emerson

5622 Riva Ridge Dr, Indianapolis, IN

This home is located at 5622 Riva Ridge Dr, Indianapolis, IN 46237 since 11 February 2019 and is currently estimated at $231,894, approximately $142 per square foot. This property was built in 1978. 5622 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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