NOT LISTED FOR SALE

5638 S Kealing Ave Indianapolis, IN 46227

Edgewood Neighborhood

Estimated Value: $250,375 - $289,000

2 Beds
-- Bath
936 Sq Ft
$288/Sq Ft Est. Value

Last Sold April 03, 2020

Last sale price $170,000 $182 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,995/month

1 Day on Market

About This Home

As of April 2020

Great investment double (live on one side, the other is rented) in well established subdivision of Maryknoll Park. Left side is completely rehab with new carpet, kitchen flooring, freshly painted, new baseboards and much more. Only 3 doubles and two are for sale by same owner. Two bedrooms with one bath with nice yard for your kids to play. Comes with stove/refrig with one car attached garage. Current rent on right side is $850/month. Left side is empty for now

Last Agent to Sell the Property

Bob Heck

Property Plus Realty, INC Listed on: 02/13/2020

Last Buyer's Agent

Phillip Whitaker

Asher Real Estate Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,216

Year Built

  • Built in 1974

Lot Details

  • 0.35

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Siding

Additional Features

  • Crawl Space
  • 0.35 Acre Lot

Community Details

  • Maryknoll Park Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, insurance, all utilities
  • The owner pays for taxes, no utilities
  • Assessor Parcel Number 491505105011000500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,216

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1974
  • Lot Size Acres: 0.348
  • Structure Type: Duplex
  • Subdivision Name: MARYKNOLL PARK
  • Inspection Warranties: Not Applicable
  • Property Description: Great investment double (live on one side, the other is rented) in well established subdivision of Maryknoll Park. Left side is completely rehab with new carpet, kitchen flooring, freshly painted, new baseboards and much more. Only 3 doubles and two are for sale by same owner. Two bedrooms with one bath with nice yard for your kids to play. Comes with stove/refrig with one car attached garage. Current rent on right side is $850/month. Left side is empty for now
  • Transaction Type: Sale
  • Unit Count: 2
  • Conversion: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Owner Pays: Taxes, No Utilities
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Crawl Space
  • List Price: 170000

Garage/Parking

  • Garage Spaces: 2
  • Unit Parking: 1 Car Garage

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 6069

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491505105011000500
  • Acres: 1/4-1/2 Acre
  • Lot Information: Corner
  • Lot Number: 0
  • Lot Size: 15,159

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV, Insurance, All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4216
  • Semi Annual Property Tax Amt: 2108
  • Tax Exemption: None

MLS Schools

  • School District: Perry Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2020
Closed on
Apr 3, 2020
Sold by
H & H Property Investments Inc
Bought by
Cleaver Justin C and Cleaver Abigail G
Seller's Agent
Bob Heck
Property Plus Realty, INC
Buyer's Agent
Phillip Whitaker
Asher Real Estate Agency
List Price
$170,000
Sold Price
$170,000
Current Estimated Value
$269,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,458
Avg. Annual Appreciation
7.96%
Original Mortgage
$136,000
Outstanding Balance
$123,009
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$133,621

Purchase Details

Closed on
Dec 7, 2005
Sold by
Heck Robert S and Heck Pamela J
Bought by
H & H Property Investments Inc
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
Cleaver Justin C -- None Available
H & H Property Investments Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cleaver Justin C $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2020 04/03/20 Sold $170,000 0.0% $182 / Sq Ft
02/15/2020 02/15/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $170,000 -- $182 / 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 $6,327 $243,400 $31,400 $212,000
2023 $6,327 $243,400 $31,400 $212,000
2022 $5,747 $219,400 $31,400 $188,000
2021 $4,887 $183,200 $31,400 $151,800
2020 $4,669 $173,800 $31,400 $142,400
2019 $4,715 $174,600 $20,200 $154,400
2018 $4,343 $162,200 $20,200 $142,000
2017 $4,477 $167,200 $20,200 $147,000
2016 $4,190 $156,000 $20,200 $135,800
2014 $3,870 $159,600 $20,200 $139,400
2013 $3,780 $159,600 $20,200 $139,400
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Bob Heck

    Property Plus Realty, INC

    Section Image

  • P

    Buyer's Agent in 2020

    Phillip Whitaker

    Asher Real Estate Agency

    (317) 213-1852

    13 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21690306

MIBOR Broker Listing Cooperative®

APN: 49-15-05-105-011.000-500

Indiana Marion County Indianapolis 46227 Edgewood

5638 S Kealing Ave, Indianapolis, IN

This home is located at 5638 S Kealing Ave, Indianapolis, IN 46227 since 13 February 2020 and is currently estimated at $269,458, approximately $287 per square foot. This property was built in 1974. 5638 S Kealing Ave is a home located in Marion County with nearby schools including Clinton Young 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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