NOT LISTED FOR SALE

5827 Timber Lake Way Indianapolis, IN 46237

South Emerson Neighborhood

Estimated Value: $218,000 - $237,000

3 Beds
2.5 Baths
1,440 Sq Ft
$156/Sq Ft Est. Value

Last Sold March 27, 2013

Last sale price $70,500 $49 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $1,483/month

Highlights

  • Forced Air Heating and Cooling System
  • Garage
  • Dogs Allowed
  • Franklin Central High School Rated A-

About This Home

As of July 2014

This 3 bedroom, 2.5 bath home in the Franklin township school district is a real gem. There is an attached two car garage and a large deck off of the back of the house. This home is totally refurbished with new paint and carpet throughout.

Last Agent to Rent the Property

Clint Wetherill

Zuluscape License #RB14033977 Listed on: 05/14/2014

Last Renter's Agent

Frank Wetherill

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,061

Year Built

  • Built in 1994

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • Garage

Home Design

  • Wood Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Window Screens
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Community Details

  • Franklin Woods Subdivision

Listing and Financial Details

  • Security Deposit $1,125
  • Tenant pays for all utilities
  • The owner pays for ho fee, taxes
  • Assessor Parcel Number 491503114005000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,061

Year Built

Built in 1994

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities
  • Lease Price: 1125.00
  • Min Lease Req: 12
  • Pet Deposit: 200
  • Security Deposit: 1125
  • Smoking: 0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1994
  • Garage Y N: Yes
  • Lot Size Acres: 0.13
  • Subdivision Name: FRANKLIN WOODS
  • Inspection Warranties: General
  • Property Description: This 3 bedroom, 2.5 bath home in the Franklin township school district is a real gem. There is an attached two car garage and a large deck off of the back of the house. This home is totally refurbished with new paint and carpet throughout.
  • Transaction Type: Lease
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, Electric Oven
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Screens Complete
  • Living Area: 1440
  • Other Equipment: Smoke Detector
  • Owner Pays: HO Association Fee, Taxes
  • Room Count: 7
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1440
  • Main Level Sq Ft: 720
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Total Sq Ft: 1440
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 720
  • Bathroom Areas: 3.0000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Wood
  • List Price: 1125

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Water Heater: Gas

Condo/Co-op/Association

  • Pets Allowed: Dogs OK, W/Approval

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491503114005000300
  • Acres: <1/4 Acre
  • Lot Number: 57
  • Lot Size: 0.14 AC

MLS Schools

  • School District: Franklin Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2013
Closed on
Apr 12, 2013
Sold by
Federal National Mortgage Association and Fannie Mae
Bought by
Rwa Properties Llc
Seller's Agent
Clint Wetherill
Zuluscape
Buyer's Agent
Frank Wetherill
Sold Price
$1,125
Current Estimated Value
$225,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,170
Avg. Annual Appreciation
9.86%
Original Mortgage
$71,000
Outstanding Balance
$51,039
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$175,543

Purchase Details

Listed on
Feb 11, 2013
Closed on
Mar 26, 2013
Sold by
Federal National Mortgage Association
Bought by
Rwa Properties Llc
Seller's Agent
Kyle Johnson
Berkshire Hathaway Home
Buyer's Agent
Jonathan Liszak
Realty Wealth Advisors
List Price
$70,900
Sold Price
$70,500
Premium/Discount to List
-$400
-0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Outstanding Balance
$51,039
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$175,543

Purchase Details

Listed on
Feb 11, 2013
Closed on
Mar 8, 2013
Sold by
Bac Home Loans Servicing Lp and Bank Of America Na
Bought by
Federal National Mortgage Association
Seller's Agent
Kyle Johnson
Berkshire Hathaway Home
Buyer's Agent
Jonathan Liszak
Realty Wealth Advisors
List Price
$70,900
Sold Price
$70,500
Premium/Discount to List
-$400
-0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Outstanding Balance
$51,039
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$175,543

Purchase Details

Listed on
Feb 11, 2013
Closed on
Mar 6, 2013
Seller's Agent
Kyle Johnson
Berkshire Hathaway Home
Buyer's Agent
Jonathan Liszak
Realty Wealth Advisors
List Price
$70,900
Sold Price
$70,500
Premium/Discount to List
-$400
-0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Outstanding Balance
$51,039
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$175,543

Purchase Details

Listed on
Feb 11, 2013
Closed on
Feb 15, 2013
Sold by
Seifert Adam and Seifert Sheriff
Bought by
Bac Home Loans Servicing Lp and Bank Of America Na
Seller's Agent
Kyle Johnson
Berkshire Hathaway Home
Buyer's Agent
Jonathan Liszak
Realty Wealth Advisors
List Price
$70,900
Sold Price
$70,500
Premium/Discount to List
-$400
-0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Outstanding Balance
$51,039
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$175,543

Purchase Details

Closed on
Jan 22, 2013
Sold by
John R Layton Sheriff
Source: Public Records

Range of Values:

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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
Rwa Properties Llc -- --
Rwa Properties Llc $70,500 --
Federal National Mortgage Association -- --
-- $90,100 --
Bac Home Loans Servicing Lp -- --
-- $90,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rwa Properties Llc $71,000
Previous Owner Seifert Adam $101,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2014 07/18/14 Rented $1,125 0.0% --
07/18/2014 07/18/14 Under Contract -- -- --
05/14/2014 05/14/14 For Rent $1,125 0.0% --
06/07/2013 06/07/13 Rented $1,125 0.0% --
06/07/2013 06/07/13 Under Contract -- -- --
04/08/2013 04/08/13 For Rent $1,125 0.0% --
03/27/2013 03/27/13 Sold $70,500 -0.6% $49 / Sq Ft
03/13/2013 03/13/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $70,900 -- $49 / 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 $3,061 $173,600 $17,400 $156,200
2023 $3,061 $149,600 $17,400 $132,200
2022 $3,060 $149,600 $17,400 $132,200
2021 $2,847 $139,000 $17,400 $121,600
2020 $2,754 $134,400 $17,400 $117,000
2019 $2,847 $137,800 $15,000 $122,800
2018 $2,377 $114,600 $15,000 $99,600
2017 $2,296 $110,600 $15,000 $95,600
2016 $2,058 $98,900 $15,000 $83,900
2014 $1,978 $98,300 $15,000 $83,300
2013 $1,040 $98,300 $15,000 $83,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Landlord's Agent in 2014

    Clint Wetherill

    Zuluscape

    (317) 417-9442

    Clint Wetherill
    Section Image

  • F

    Tenant's Agent in 2014

    Frank Wetherill

  • K

    Seller's Agent in 2013

    Kyle Johnson

    Berkshire Hathaway Home

    (317) 881-7900

    21 Total Sales

    Kyle Johnson
    Section Image

  • F

    Seller Co-Listing Agent in 2013

    Faith Leininger

    Berkshire Hathaway Home

    (317) 417-0708

    42 Total Sales

    Faith Leininger
    Section Image

  • J

    Buyer's Agent in 2013

    Jonathan Liszak

    Realty Wealth Advisors

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21291496

MIBOR Broker Listing Cooperative®

APN: 49-15-03-114-005.000-300

Indiana Marion County Indianapolis 46237 South Emerson

5827 Timber Lake Way, Indianapolis, IN

This home is located at 5827 Timber Lake Way, Indianapolis, IN 46237 since 14 May 2014 and is currently priced at $225,295. This property was built in 1994. 5827 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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