NOT LISTED FOR SALE

5771 Central Ave Indianapolis, IN 46220

Meridian Kessler Neighborhood

Estimated Value: $665,000 - $990,000

3 Beds
1.5 Baths
1,152 Sq Ft
$702/Sq Ft Est. Value

Last Sold September 01, 2017

Last sale price $245,000 $213 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $5,053/month

4 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Breakfast Room
  • Traditional Architecture
  • No HOA
  • 2 Car Detached Garage

About This Home

As of September 2017

Solid bungalow on DEEP lot! Two bedroom, one bath w/ a basement. Tandem two-car garage in the back. This would make a great investment, rental property OR pop the top for a TOTAL renovation! Excellent neighborhood - right in the heart of Meridian-Kessler!

Last Agent to Sell the Property

Libby Somerville

Compass Indiana, LLC Listed on: 07/19/2017

Compass Indiana, LLC

Co-Listed By

Stevee Clifton

Compass Indiana, LLC

Last Buyer's Agent

Mark Nottingham

@properties

@properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,312

Year Built

  • Built in 1928

Lot Details

  • 40

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Window Screens
  • Living Room with Fireplace
  • Breakfast Room
  • Basement
  • Basement Lookout
  • Attic Access Panel

Kitchen

  • Gas Oven
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Storm Windows

Utilities

  • Forced Air Heating and Cooling System
  • Electric Air Filter
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Screened Patio
  • 40 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Light's Bellevue Subdivision

Listing and Financial Details

  • Legal Lot and Block 70 / 16-3-1
  • Assessor Parcel Number 490601228018000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,312

Year Built

Built in 1928

Lot Details

40 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1928
  • Building Area Total: 2016
  • Co List Office Phone: 317-843-0011
  • Garage Y N: Yes
  • Lot Size Acres: 0.2461
  • Subdivision Name: Light'S Bellevue
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: libby@somervilleteam.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Daylight/Lookout Windows
  • Appliances: Dryer, Disposal, Gas Oven, Refrigerator, Washer, Electric Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Built In Book Shelves, Raised Ceiling(s), Hardwood Floors, Screens Some, Storms Some
  • Living Area: 1152
  • Other Equipment: Security Alarm Paid
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1152
  • Basement Half Bathrooms: 1
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 2016

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Fencing: Privacy
  • Foundation Details: Block, Block
  • Patio And Porch Features: Screened

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Asphalt, Detached

Utilities

  • Utilities: Cable Available
  • Cooling: Central Electric
  • Heating: Electronic Air Filter, Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association YN: No
  • Management Company Name: N/A

Fee Information

  • Association Fee Includes: Not Applicable

Lot Info

  • Lot Features: Street Lights
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 40
  • Parcel Number: 490601228018000801
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2312
  • Tax Block: 16-3-1
  • Tax Lot: 70
  • Semi Annual Property Tax Amt: 1156
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2017
Closed on
Aug 30, 2017
Bought by
Iannucci Ryan and Iannucci Melissa
Seller's Agent
Libby Somerville
Compass Indiana, LLC
Buyer's Agent
Mark Nottingham
@properties
List Price
$265,000
Sold Price
$245,000
Premium/Discount to List
-$20,000
-7.55%
Current Estimated Value
$808,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$563,190
Avg. Annual Appreciation
15.15%
Original Mortgage
$225,000
Outstanding Balance
$186,184
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$622,006

Purchase Details

Listed on
Apr 3, 2017
Closed on
May 8, 2017
Sold by
Chastain John A
Bought by
Rems Llc
Seller's Agent
Libby Somerville
Compass Indiana, LLC
Buyer's Agent
Libby Somerville
Compass Indiana, LLC
List Price
$220,000
Sold Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.98%

Purchase Details

Listed on
Apr 3, 2017
Closed on
May 3, 2017
Sold by
John A
Seller's Agent
Libby Somerville
Compass Indiana, LLC
Buyer's Agent
Libby Somerville
Compass Indiana, LLC
List Price
$220,000
Sold Price
$220,000

Purchase Details

Closed on
Oct 6, 2015
Sold by
Shaw Mary
Bought by
Chastain John A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Iannucci Ryan $245,000 --
Iannucci Ryan -- First American Title
Rems Llc -- First American Title
-- $220,000 --
Chastain John A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iannucci Ryan $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2017 09/01/17 Sold $245,000 -7.5% $213 / Sq Ft
08/16/2017 08/16/17 For Sale $265,000 0.0% $230 / Sq Ft
07/24/2017 07/24/17 Pending -- -- --
07/19/2017 07/19/17 For Sale $265,000 +20.5% $230 / Sq Ft
05/08/2017 05/08/17 Sold $220,000 0.0% $109 / Sq Ft View Prior Sale
04/03/2017 04/03/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $220,000 -- $109 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $10,724 $877,200 $64,800 $812,400
2023 $10,724 $873,200 $64,800 $808,400
2022 $8,518 $873,200 $64,800 $808,400
2021 $7,636 $638,800 $42,400 $596,400
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Libby Somerville

    Compass Indiana, LLC

    Section Image

  • S

    Seller Co-Listing Agent in 2017

    Stevee Clifton

    Compass Indiana, LLC

    Section Image

  • M

    Buyer's Agent in 2017

    Mark Nottingham

    @properties

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21501178

MIBOR Broker Listing Cooperative®

APN: 49-06-01-228-018.000-801

Indiana Marion County Indianapolis 46220 Meridian Kessler

5771 Central Ave, Indianapolis, IN

Not Listed for Sale

Detached

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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.
Based on information submitted to the MLS GRID

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