NOT LISTED FOR SALE

5739 Sherman Ave Indianapolis, IN 46220

Millersville Neighborhood

Estimated Value: $291,000 - $365,289

5 Beds
1.5 Baths
2,089 Sq Ft
$158/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $250,000 $120 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,177/month

3 Days on Market

Highlights

  • Multiple Garages
  • Mature Trees
  • Wood Flooring
  • Clearwater Elementary School Rated A-
  • Ranch Style House
  • No HOA

About This Home

As of August 2021

Move right in! 4-5 bedroom stone ranch in Washington Township. Close to Castleton and Broad Ripple. Property has an awesome amenity that is very hard to find. There is a great separate addition (17x23) that can be used as a workshop, office or studio with separate heating, window AC and huge garage bay. Garage measures-(8'Hx9'Wx23'D). Large enough to store a boat/RV. Home has original hardwood floors in the living, dining and bedrooms. Wood burning fireplace. Formal dining room. Separate laundry room. All appliances including washer and dryer. Tankless water heater. Beautiful perennials and lovely park-like yard. Plenty of fenced area for pets. Covered front porch and side entry with deck. Serene neighborhood has no thru traffic.

Last Listed By

Pamela Brown

PMI Indianapolis Listed on: 07/29/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,054

Year Built

  • Built in 1954

Lot Details

  • 0.69 Acre Lot
  • Mature Trees

Parking

  • 3 Car Attached Garage
  • Multiple Garages
  • Workshop in Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Stone

Interior Spaces

  • 2,089 Sq Ft Home
  • Vinyl Clad Windows
  • Window Screens
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Utility Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch
  • Outbuilding

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Wides 9Th Add Subdivision

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 490705103025000800

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,054

Year Built

Built in 1954

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1954
  • Building Area Total: 2089
  • Garage Y N: Yes
  • Green Energy Efficient: Water Heater
  • Lot Size Acres: 0.69
  • Subdivision Name: Wides 9th Add
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: pam@PMIindy.com
  • Special Features: None

Interior Features

  • Basement: No
  • Basement Type: Crawl Space
  • Appliances: Dishwasher, Dryer, Disposal, Gas Oven, Refrigerator, Washer, Tankless Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Screens Complete, Windows Vinyl, Eat-in Kitchen, Entrance Foyer
  • Living Area: 2089
  • Main Level Bedrooms: 5
  • Areas Interior: Utility Room
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 2089
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0
  • SqFt Total: 2089

Exterior Features

  • Construction Materials: Stone
  • Disclosures: Not Applicable
  • Exterior Features: Out Building With Utilities
  • Fencing: Partial
  • List Price: 249900
  • Patio And Porch Features: Covered Porch

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Asphalt, Attached, Garage Door Opener, Workshop in Garage
  • Garage Parking Description: Multiple Garages
  • Garage Parking Other: Other
  • Garage Sq Ft: 440

Utilities

  • Utilities: Cable Available, Gas
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Mature Trees, Trees-Small (Under 20 Ft)
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 30174
  • Parcel Number: 490705103025000800
  • Acres: 1/2-1 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2054
  • Tax Lot: 53
  • Semi Annual Property Tax Amt: 1027
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption,Other Tax Exemption/See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Aug 30, 2021
Sold by
Zagel Connie L and Zagel Joel C
Bought by
Cash Justin A and Bowman Julie D
Seller's Agent
Pamela Brown
PMI Indianapolis
Buyer's Agent
Stephanie Evelo
Keller Williams Indy Metro NE
List Price
$279,900
Sold Price
$250,000
Premium/Discount to List
-$29,900
-10.68%
Total Days on Market
3
Current Estimated Value
$329,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,072
Avg. Annual Appreciation
7.60%
Original Mortgage
$225,000
Outstanding Balance
$206,952
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$122,120

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
Cash Justin A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cash Justin A $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2021 08/30/21 Sold $250,000 -10.7% $120 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $279,900 -- $134 / 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 $4,024 $321,500 $94,100 $227,400
2023 $4,024 $292,500 $94,100 $198,400
2022 $4,056 $267,000 $94,100 $172,900
2021 $2,405 $165,300 $28,100 $137,200
2020 $2,203 $159,800 $28,100 $131,700
2019 $2,343 $175,600 $28,100 $147,500
2018 $2,309 $176,200 $28,100 $148,100
2017 $1,904 $153,400 $28,100 $125,300
2016 $1,788 $152,000 $28,100 $123,900
2014 $2,745 $248,100 $28,100 $220,000
2013 $1,461 $209,400 $28,100 $181,300
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Pamela Brown

    PMI Indianapolis

    (317) 690-3824

    2 in this area

    163 Total Sales

    Section Image
  • Stephanie Evelo

    Buyer's Agent in 2021

    Stephanie Evelo

    Keller Williams Indy Metro NE

    (317) 863-9011

    3 in this area

    886 Total Sales

    Section Image

  • R

    Buyer Co-Listing Agent in 2021

    Robert Woerner

    Keller Williams Indy Metro NE

    (317) 250-7525

    1 in this area

    77 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21802092

MIBOR Broker Listing Cooperative®

APN: 49-07-05-103-025.000-800

Indiana Marion County Indianapolis 46220 Millersville

5739 Sherman Ave, Indianapolis, IN

Homes for Sale in Indianapolis, IN

This home is located at 5739 Sherman Ave, Indianapolis, IN 46220 since 29 July 2021 and is currently estimated at $329,072, approximately $157 per square foot. This property was built in 1954. 5739 Sherman Ave is a home located in Marion County with nearby schools including Clearwater Elementary School, Eastwood 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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