NOT LISTED FOR SALE

5715 Sunset Ln Indianapolis, IN 46228

Estimated Value: $2,494,139 - $2,763,000

4 Beds
6.5 Baths
9,645 Sq Ft
$276/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $2,450,000 $254 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $17,221/month

94 Days on Market

Highlights

  • 1.89 Acre Lot
  • Colonial Architecture
  • Fireplace in Primary Bedroom
  • North Central High School Rated A-
  • Mature Trees
  • Wood Flooring

About This Home

As of March 2023

Today offers an opportunity to own a piece of one of Indianapolis' most prominent streets, Sunset Lane. Its quiet, winding road is flanked by manicured lawns, lush gardens, and mature trees. At 5715 you'll find a classic home reminiscent of Colonial Williamsburg marked by elegance and remarkable detail. The original home is finished with wide plank hardwoods, exquisite fireplaces warming nearly every room, and sophisticated trim details. Expanded in 1996, the south wing provides additional office space, stately tea room with walls of windows, and elevator to lower-level garages. The grounds are beautifully manicured and provide breathtaking views from every room of the home. Rooms now used as office/dens could become additional bedrooms.

Last Agent to Sell the Property

Matt McLaughlin

F.C. Tucker Company License #RB14049997 Listed on: 10/06/2022

F.C. Tucker Company

Last Buyer's Agent

Nick McNeely

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,668

Year Built

  • Built in 1957

Lot Details

  • 1.89 Acre Lot
  • Mature Trees

HOA Fees

  • $616 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Entrance Foyer
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 7 Fireplaces
  • Finished Basement
  • Laundry in Basement

Kitchen

  • Double Oven
  • Electric Cooktop
  • Free-Standing Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Brick

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Outdoor Features

  • Patio
  • Outdoor Water Feature
  • Enclosed Glass Porch

Utilities

  • Dual Heating Fuel
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • Association fees include security, snow removal
  • Crows Nest Subdivision
  • Property managed by Crows Nest HOA

Listing and Financial Details

  • Tax Lot Descrip
  • Assessor Parcel Number 490602100021000805

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,668

Year Built

Built in 1957

Lot Details

0

HOA Fees

$616 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1957
  • Building Area Total: 11870
  • Garage Y N: Yes
  • Lot Size Acres: 1.89
  • Subdivision Name: Crows Nest
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: callmatt.in
  • MBR_AttributionContact: mmcl@talktotucker.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Unfinished
  • Appliances: Electric Cooktop, Dishwasher, Disposal, Refrigerator, Free-Standing Freezer, Double Oven, Electric Water Heater
  • Levels: Two
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1334
  • Fireplace Features: Primary Bedroom, Dining Room, Great Room, Living Room
  • Fireplaces: 7
  • Interior Amenities: Built In Book Shelves, Hardwood Floors, Entrance Foyer, Center Island, Pantry
  • Living Area: 9645
  • Main Level Bedrooms: 1
  • Other Equipment: Not Applicable
  • Areas Interior: Bath Jack-n-Jill,Bedroom Other on Main,Living Room Formal
  • Eating Area: Formal Dining Room,Separate Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 3
  • Main Level Sq Ft: 7051
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 1260
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 1

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Water Feature Fountain
  • Foundation Details: Block
  • List Price: 2999900
  • Patio And Porch Features: Open Patio, Glass Enclosed

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached, Garage Door Opener, Guest Parking, Gravel
  • Garage Parking Other: Finished Garage
  • Garage Sq Ft: 400

Utilities

  • Cooling: Central Electric
  • Heating: Dual, Gas
  • Laundry Features: In Basement
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee: 1847
  • Association Fee Frequency: Quarterly
  • Association YN: Yes
  • Management Company Name: Crows Nest HOA

Fee Information

  • Association Fee Includes: Security, Snow Removal

Lot Info

  • Lot Features: Mature Trees, Trees-Small (Under 20 Ft)
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 82328
  • Parcel Number: 490602100021000805
  • Acres: 1-3 Acres
  • Price Acre: 1296296.2962963

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 28668
  • Tax Lot: Descrip
  • Semi Annual Property Tax Amt: 14334
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Feb 28, 2023
Sold by
Richard D Wood Indiana Personal Residenc
Bought by
Mcdermott Brian Lee and Mcdermott Dorothy Diane
Seller's Agent
Matt McLaughlin
F.C. Tucker Company
Buyer's Agent
Nick McNeely
F.C. Tucker Company
List Price
$2,999,900
Sold Price
$2,450,000
Premium/Discount to List
-$549,900
-18.33%
Views
111
Current Estimated Value
$2,661,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,713
Avg. Annual Appreciation
-2.24%
Original Mortgage
$2,150,000
Outstanding Balance
$2,092,319
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$223,572

Purchase Details

Closed on
Dec 12, 2012
Sold by
Wood Richard D
Bought by
Richard D Wood Indiana Personal Resid

Purchase Details

Closed on
Dec 7, 2012
Sold by
Wood Richard D and Wood Billie L
Bought by
Wood Richard D
Source: Public Records

Range of Values:

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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
Mcdermott Brian Lee $2,450,000 --
Richard D Wood Indiana Personal Resid -- --
Wood Richard D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdermott Brian Lee $800,000
Closed Mcdermott Brian Lee $800,000
Closed Mcdermott Brian Lee $332,425
Open Mcdermott Brian Lee $2,150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $2,450,000 -18.3% $254 / Sq Ft
01/09/2023 01/09/23 Pending -- -- --
10/06/2022 10/06/22 For Sale $2,999,900 -- $311 / 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 $25,560 $2,393,500 $73,400 $2,320,100
2023 $25,560 $1,745,800 $73,400 $1,672,400
2022 $26,271 $1,745,800 $73,400 $1,672,400
2021 $28,065 $1,894,700 $73,400 $1,821,300
2020 $26,232 $1,895,700 $73,400 $1,822,300
2019 $24,237 $1,895,700 $73,400 $1,822,300
2018 $22,850 $1,840,500 $73,400 $1,767,100
2017 $20,810 $1,700,900 $73,400 $1,627,500
2016 $18,695 $1,668,100 $73,400 $1,594,700
2014 $17,516 $1,626,200 $73,400 $1,552,800
2013 $17,565 $1,626,200 $73,400 $1,552,800
Source: Public Records

Agents Affiliated with this Home

  • Matt McLaughlin

    Seller's Agent in 2023

    Matt McLaughlin

    F.C. Tucker Company

    (317) 590-0529

    6 in this area

    678 Total Sales

    Matt McLaughlin
    Section Image

  • N

    Buyer's Agent in 2023

    Nick McNeely

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21886782

MIBOR Broker Listing Cooperative®

APN: 49-06-02-100-021.000-805

Indiana Marion County Indianapolis 46228

5715 Sunset Ln, Indianapolis, IN

This home is located at 5715 Sunset Ln, Indianapolis, IN 46228 since 06 October 2022 and is currently estimated at $2,661,713, approximately $275 per square foot. This property was built in 1957. 5715 Sunset Ln is a home located in Marion County with nearby schools including Crooked Creek Elementary School, Westlane Middle School, and North Central 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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