NOT LISTED FOR SALE

5824 Timber Lake Way Indianapolis, IN 46237

South Emerson Neighborhood

Estimated Value: $241,232 - $251,000

3 Beds
2 Baths
1,896 Sq Ft
$131/Sq Ft Est. Value

Last Sold February 10, 2017

Last sale price $121,000 $64 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,508/month

196 Days on Market

Highlights

  • Formal Dining Room
  • Woodwork
  • Forced Air Heating and Cooling System
  • Franklin Central High School Rated A-
  • Walk-In Closet
  • Garage

About This Home

As of February 2017

BRING YOUR BUYER-Tri-level on a secluded pond. Wood deck that looks over pond. Freshly painted, added additional bath on lower level. Very spacious to make your own. Detached work shed is an added bonus. Great for first time buyer or those looking to downsize. Quiet neighborhood. Taxes will decrease to approx. $546 semi-annually once Homestead exemptions filed. A MUST SEE to see the potential.

Last Agent to Sell the Property

Jacqueline Barnett

Brownstone Realty Group License #RB14047767 Listed on: 06/24/2016

Last Buyer's Agent

Melissa Rush

The Nest Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,292

Year Built

  • Built in 1990

Lot Details

  • 9,148

Home Design

  • Wood Foundation
  • Vinyl Construction Material

Interior Spaces

  • Multi-Level Property
  • Woodwork
  • Aluminum Window Frames
  • Formal Dining Room
  • Finished Basement
  • Sump Pump

Kitchen

  • Electric Oven
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Driveway

Additional Features

  • 9,148 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include maintenance, parkplayground, snow removal, trash
  • Franklin Woods Subdivision
  • Property managed by Franklin Woods

Listing and Financial Details

  • Assessor Parcel Number 491503114037000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,292

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Tri-Level
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1990
  • Garage Y N: Yes
  • Lot Size Acres: 0.21
  • Subdivision Name: FRANKLIN WOODS
  • Inspection Warranties: Not Applicable
  • Property Description: BRING YOUR BUYER-Tri-level on a secluded pond. Wood deck that looks over pond. Freshly painted, added additional bath on lower level. Very spacious to make your own. Detached work shed is an added bonus. Great for first time buyer or those looking to downsize. Quiet neighborhood. Taxes will decrease to approx. $546 semi-annually once Homestead exemptions filed. A MUST SEE to see the potential.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Dishwasher, Dryer, Disposal, Electric Oven, Range Hood, Refrigerator, Washer
  • Levels: Multi/Split
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Interior Amenities: Walk-in Closet(s), Window Metal, Wood Work Painted
  • Living Area: 1896
  • Other Equipment: Sump Pump
  • Room Count: 9
  • Eating Area: Formal Dining Room
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1896
  • Main Level Sq Ft: 1206
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1896
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 690
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Wood
  • List Price: 119900
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 2 Car Attached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: Franklin Woods

Fee Information

  • Association Fee Includes: Entrance Common, Maintenance, ParkPlayground, Snow Removal, Trash
  • Mandatory Fee: 75

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491503114037000300
  • Acres: 1/4-1/2 Acre
  • Lot Number: 62
  • Lot Size: 62 x 133

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2292
  • Semi Annual Property Tax Amt: 1146
  • Tax Exemption: MortageTaxExemption

MLS Schools

  • School District: Franklin Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2016
Closed on
Jan 18, 2017
Sold by
Dewitt Diedra A
Bought by
Wire Jann and Wire Anthony
Seller's Agent
Jacqueline Barnett
Brownstone Realty Group
Buyer's Agent
Melissa Rush
The Nest Realty Group
List Price
$119,900
Sold Price
$121,000
Premium/Discount to List
$1,100
0.92%
Current Estimated Value
$247,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,558
Avg. Annual Appreciation
8.74%
Original Mortgage
$114,950
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2008
Sold by
Morford David A and Morford Deborah A
Bought by
Dewitt Diedra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,186
Interest Rate
5.88%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Wire Jann $121,000 --
Wire Anthony $121,000 Title Service, Llc
Wire Anthony $121,000 Title Service, Llc
Dewitt Diedra A -- The Talon Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wire Anthony $114,950
Previous Owner Wire Anthony $114,950
Previous Owner Dewitt Diedra A $96,643
Previous Owner Dewitt Diedra A $109,186
Previous Owner Morford David A $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2017 02/10/17 Sold $121,000 0.0% $64 / Sq Ft
01/10/2017 01/10/17 Off Market $121,000 -- --
01/10/2017 01/10/17 For Sale $119,900 0.0% $63 / Sq Ft
01/06/2017 01/06/17 Pending -- -- --
12/08/2016 12/08/16 For Sale $119,900 -0.9% $63 / Sq Ft
11/07/2016 11/07/16 Off Market $121,000 -- --
08/12/2016 08/12/16 Pending -- -- --
07/30/2016 07/30/16 Price Changed $119,900 -1.7% $63 / Sq Ft
07/17/2016 07/17/16 Price Changed $122,000 -1.6% $64 / Sq Ft
07/05/2016 07/05/16 Price Changed $124,000 -3.5% $65 / Sq Ft
06/23/2016 06/23/16 For Sale $128,500 -- $68 / 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 $1,903 $207,600 $23,700 $183,900
2023 $1,903 $179,300 $23,700 $155,600
2022 $1,901 $179,300 $23,700 $155,600
2021 $1,771 $166,500 $23,700 $142,800
2020 $1,752 $164,800 $23,700 $141,100
2019 $1,680 $152,200 $20,400 $131,800
2018 $1,418 $127,300 $20,400 $106,900
2017 $1,365 $122,400 $20,400 $102,000
2016 $2,311 $110,000 $20,400 $89,600
2014 $2,183 $108,100 $20,400 $87,700
2013 $1,106 $108,100 $20,400 $87,700
Source: Public Records

Agents Affiliated with this Home

  • Jacqueline Barnett

    Seller's Agent in 2017

    Jacqueline Barnett

    Brownstone Realty Group

    (317) 657-3191

    1 in this area

    100 Total Sales

    Jacqueline Barnett
    Section Image

  • M

    Buyer's Agent in 2017

    Melissa Rush

    The Nest Realty Group

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21426065

MIBOR Broker Listing Cooperative®

APN: 49-15-03-114-037.000-300

Indiana Marion County Indianapolis 46237 South Emerson

5824 Timber Lake Way, Indianapolis, IN

This home is located at 5824 Timber Lake Way, Indianapolis, IN 46237 since 24 June 2016 and is currently estimated at $247,558, approximately $130 per square foot. This property was built in 1990. 5824 Timber Lake Way is a home located in Marion County with nearby schools including Franklin Central High School, Gray Road Christian School, and Indianapolis Southside Christian Academy.

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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