NOT LISTED FOR SALE

5801 W 16th St Indianapolis, IN 46224

Estimated Value: $336,000 - $386,000

4 Beds
2 Baths
1,427 Sq Ft
$247/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $275,000 $193 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,219/month

1 Day on Market

Highlights

  • Multiple Garages
  • 1.26 Acre Lot
  • Ranch Style House
  • Speedway Junior High School Rated A
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of July 2020

This home is located at 5801 W 16th St, Indianapolis, IN 46224 since 12 May 2020 and is currently estimated at $353,022, approximately $247 per square foot. This property was built in 1954. 5801 W 16th St is a home located in Marion County with nearby schools including Speedway Junior High School, Speedway Senior High School, and St. Christopher School.

Last Agent to Sell the Property

Jayne Gauci

@properties Listed on: 05/12/2020

@properties

Co-Listed By

Matthew Sponaugle

Keller Williams Indpls Metro N

Last Buyer's Agent

Jayne Gauci

@properties Listed on: 05/12/2020

@properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,586

Year Built

  • Built in 1954

Lot Details

  • 1.26 Acre Lot

Parking

  • 1 Car Attached Garage
  • Multiple Garages

Home Design

  • Ranch Style House
  • Block Foundation
  • Stone

Interior Spaces

  • Family Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Wood Flooring
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 490536105041000914

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,586

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1954
  • Building Area Total: 2406
  • Co List Office Phone: 317-843-0011
  • Garage Y N: Yes
  • Lot Size Acres: 1.256
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: jayne@seejaynesell.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Walk Out, Finished Walls
  • Appliances: Dishwasher, Disposal, Refrigerator, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 881
  • Fireplace Features: Basement, Primary Bedroom, Family Room
  • Fireplaces: 2
  • Interior Amenities: Attic Access, Eat-in Kitchen, Pantry
  • Living Area: 1427
  • Main Level Bedrooms: 3
  • Other Equipment: Not Applicable
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1427
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 3
  • SqFt Total: 2406

Exterior Features

  • Construction Materials: Stone
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 275000

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached
  • Garage Parking Description: Multiple Garages

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 54711
  • Parcel Number: 490536105041000914
  • Acres: 1-3 Acres

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 2586
  • Tax Lot: 0000
  • Semi Annual Property Tax Amt: 1293
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
Jul 10, 2020
Sold by
Mummert Andrew B
Bought by
Wheeler Michael and Wheeler Alicia
Seller's Agent
Jayne Gauci
@properties
Buyer's Agent
Jayne Gauci
@properties
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$353,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,022
Avg. Annual Appreciation
4.87%
Original Mortgage
$261,250
Outstanding Balance
$231,659
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$121,363

Purchase Details

Closed on
Jan 28, 2016
Sold by
Mummert Andrew B and Mummert Samantha R
Bought by
Mummert Andrew B

Purchase Details

Listed on
Jul 2, 2014
Closed on
Aug 22, 2014
Sold by
Moreton Bruce L and Moreton Janet F
Bought by
Mummert Andrew B and Mummert Samantha R
Seller's Agent
Vince Wall
Wall and Associates
Buyer's Agent
Jayne Gauci
@properties
List Price
$189,900
Sold Price
$182,000
Premium/Discount to List
-$7,900
-4.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$182,000
Interest Rate
4.1%
Mortgage Type
VA

Purchase Details

Closed on
May 10, 2013
Sold by
Hitch Michael C and Hitch Michael C
Bought by
Hitch Michael C and Hitch H

Purchase Details

Closed on
Jan 11, 2013
Sold by
Norman E Robert O
Bought by
Hitch Michael and Hitch H
Source: Public Records

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
Wheeler Michael $275,000 Security Title Services
Mummert Andrew B -- Hamilton National Title
Mummert Andrew B -- Hamilton National Title
Mummert Andrew B -- Mtc
Hitch Michael C -- --
Hitch Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheeler Michael $261,250
Previous Owner Mummert Andrew B $182,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2020 07/10/20 Sold $275,000 0.0% $193 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
05/12/2020 05/12/20 For Sale $275,000 +51.1% $193 / Sq Ft
08/22/2014 08/22/14 Sold $182,000 -4.2% $76 / Sq Ft View Prior Sale
07/02/2014 07/02/14 For Sale $189,900 -- $79 / 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 $4,161 $325,800 $32,800 $293,000
2023 $4,161 $295,900 $32,800 $263,100
2022 $3,996 $276,200 $32,800 $243,400
2021 $3,690 $256,300 $32,800 $223,500
2020 $1,832 $168,800 $32,800 $136,000
2019 $1,749 $170,100 $32,800 $137,300
2018 $2,469 $170,100 $32,800 $137,300
2017 $2,575 $179,700 $32,100 $147,600
2016 $2,587 $179,100 $32,100 $147,000
2014 $2,578 $179,200 $32,100 $147,100
2013 $2,439 $176,000 $32,100 $143,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21709707

MIBOR Broker Listing Cooperative®

APN: 49-05-36-105-041.000-914