$134,500
SOLD JAN 31, 2022

5701 E 16th St Indianapolis, IN 46218

Eastside Neighborhood
4 Beds
2 Baths
2,448 Sq Ft
0.3 Acres

Recently Sold

$55 Per Sq Ft

13% Above List Price

4 Days on Market

About This Home

As of April 2022

Great opportunity for an investor or first-time home buyer! Tons of space inside and out. Home sits on a double lot. Beautiful brick exterior and hardwood floors throughout the home. The large basement offers potential for additional bedrooms, living or storage space.
Home is being sold As-Is.

Last Agent to Sell the Property

Cortney Hull

White Stag Realty, LLC License #RB20001268 Listed on: 01/06/2022

Last Buyer's Agent

Cortney Hull

White Stag Realty, LLC License #RB20001268 Listed on: 01/06/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,716

Year Built

  • 1955

Interior Spaces

  • Combination Kitchen and Dining Room
  • Laundry in Basement

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,716

Year Built

1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • Lifestyles: Other/See Remarks
  • Architectural Style: CapeCod
  • Directions: Turn left onto E 16th Street from Emerson
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Subdivision Name: ELLENBERGER TERRACE
  • Special Features: None
  • Year Built: 1955

Interior Features

  • Appliances: Laundry Connection in Unit, Dishwasher
  • Has Basement: Full, Walk Out, Egress Window(s)
  • Areas Interior: Laundry in Basement
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1632
  • Main Level Sq Ft: 816
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Below Grade Sq Ft: 816
  • Upper Level Sq Ft: 816
  • Pct Optional Level Finished: 0-25%
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Hardwood Floors
  • Other Equipment: Not Applicable

Exterior Features

  • Exterior Features: Fence Full Rear
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Construction Type: Brick
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Cooling: None
  • Heating: None
  • Solid Waste: 0
  • Water Heater: Gas
  • Sewer: Sewer Connected
  • Water Source: Public

Lot Info

  • Acres: 1/4-1/2 Acre
  • Lot Information: Corner,Sidewalks
  • Lot Number: 164-165
  • Lot Size: 6,578

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 1358
  • Tax Exemption: None
  • Tax Annual Amount: 2716
  • Tax Year: 2021

MLS Schools

  • School District: Warren Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
May 16, 2022
Sold by
Silver Oak Homes Llc-S
Bought by
Goessner Gregory M and Thompson Timothy A
Seller's Agent
Cortney Hull
White Stag Realty, LLC
Buyer's Agent
Jeffrey Kelich
Highgarden Real Estate
List Price
$229,000
Sold Price
$235,000
Premium/Discount to List
$6,000
2.62%
Current Estimated Value
$245,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,190
Avg. Annual Appreciation
1.24%
Original Mortgage
$223,250
Outstanding Balance
$212,177
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$33,013

Purchase Details

Listed on
Mar 23, 2022
Closed on
May 9, 2022
Sold by
Silver Oak Homes Llc-S
Bought by
Goessner Gregory M and Thompson Timothy A
Seller's Agent
Cortney Hull
White Stag Realty, LLC
Buyer's Agent
Jeffrey Kelich
Highgarden Real Estate
List Price
$229,000
Sold Price
$235,000
Premium/Discount to List
$6,000
2.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,250
Outstanding Balance
$212,177
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$33,013

Purchase Details

Listed on
Mar 23, 2022
Closed on
Apr 18, 2022
Sold by
Silver Oak Homes Llc-S
Bought by
Goessner Gregory M and Thompson Timothy A
Seller's Agent
Cortney Hull
White Stag Realty, LLC
Buyer's Agent
Jeffrey Kelich
Highgarden Real Estate
List Price
$229,000
Sold Price
$235,000
Premium/Discount to List
$6,000
2.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,250
Outstanding Balance
$212,177
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$33,013

Purchase Details

Listed on
Jan 6, 2022
Closed on
Feb 16, 2022
Sold by
King David J
Bought by
Silver Oak Homes Llc-S
Seller's Agent
Cortney Hull
White Stag Realty, LLC
Buyer's Agent
Cortney Hull
White Stag Realty, LLC
List Price
$119,000
Sold Price
$134,500
Premium/Discount to List
$15,500
13.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1325.69%

Purchase Details

Listed on
Jan 6, 2022
Closed on
Jan 31, 2022
Sold by
King David J
Bought by
Silver Oak Homes Llc-S
Seller's Agent
Cortney Hull
White Stag Realty, LLC
Buyer's Agent
Cortney Hull
White Stag Realty, LLC
List Price
$119,000
Sold Price
$134,500
Premium/Discount to List
$15,500
13.03%
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 Type Sale Price Title Company
Warranty Deed -- Hall Render Killian Heath & Ly
Warranty Deed -- Hall Render Killian Heath & Ly
Warranty Deed -- Hall Render Killian Heath & Ly
Warranty Deed -- Hall Render Killian Heath & Ly
Warranty Deed $134,500 Hall Render Killian Heath & Ly
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $223,250 New Conventional
Closed $223,250 New Conventional
Closed $223,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $235,000 +2.6% $96 / Sq Ft
03/27/2022 03/27/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $229,000 +70.3% $94 / Sq Ft
01/31/2022 01/31/22 Sold $134,500 +13.0% $55 / Sq Ft
01/11/2022 01/11/22 Pending -- -- --
01/06/2022 01/06/22 For Sale $119,000 -- $49 / 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 $3,156 $257,300 $46,900 $210,400
2023 $3,156 $259,600 $46,900 $212,700
2022 $1,858 $152,100 $46,900 $105,200
2021 $3,090 $130,300 $46,900 $83,400
2020 $2,799 $117,300 $33,900 $83,400
2019 $2,850 $117,300 $33,900 $83,400
2018 $2,444 $99,300 $33,900 $65,400
2017 $2,164 $98,300 $33,900 $64,400
2016 $2,068 $95,900 $33,900 $62,000
2014 $1,965 $90,900 $33,900 $57,000
2013 $763 $80,200 $17,000 $63,200
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Cortney Hull

    White Stag Realty, LLC

    Section Image

  • J

    Buyer's Agent in 2022

    Jeffrey Kelich

    Highgarden Real Estate

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21832542

MIBOR Broker Listing Cooperative®

APN: 49-07-34-115-018.000-701

Indiana Marion County Indianapolis 46218 Eastside

5701 E 16th St, Indianapolis, IN

This home is located at 5701 E 16th St, Indianapolis, IN 46218 and is currently priced at $134,500, approximately $54 per square foot. This property was built in 1955. 5701 E 16th St is a home located in Marion County with nearby schools including Anna Brochhausen School 88, Arlington Community Middle School, and Arsenal Technical High 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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