NOT LISTED FOR SALE

5832 Schoolwood Dr Indianapolis, IN 46224

Estimated Value: $308,499 - $333,000

3 Beds
2.5 Baths
3,100 Sq Ft
$102/Sq Ft Est. Value

Last Sold June 25, 2019

Last sale price $215,000 $69 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,058/month

65 Days on Market

Highlights

  • A-Frame Home
  • 1 Fireplace
  • Central Air
  • Speedway Junior High School Rated A
  • 1-Story Property
  • 3 Car Garage

About This Home

As of June 2019

Newly updated home that won't last long. All NEW roof, flooring throughout, paint and stainless steel appliances. Home has 1 car attached garage and 2 car detached garage. Huge basement with plenty of extra space. Bonus room in the rear of the house could easily be used as a library, den, office or 4th bedroom.

Last Agent to Sell the Property

Matt Worthley

United Real Estate Indpls License #RB14051454 Listed on: 03/09/2019

United Real Estate Indpls

Last Buyer's Agent

Shane Dodge

Carpenter, REALTORS®

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,232

Year Built

  • Built in 1958

Lot Details

  • 9,235 Sq Ft Lot

Parking

  • 3 Car Garage

Home Design

  • A-Frame Home
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,100 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Attic Access Panel
  • Fire and Smoke Detector
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Electric Air Filter

Community Details

  • Falenders Meadowood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490525116040000914

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,232

Year Built

Built in 1958

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: A-Frame
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1958
  • Garage Y N: Yes
  • Lot Size Acres: 0.212
  • Subdivision Name: FALENDERS MEADOWOOD
  • Inspection Warranties: Not Applicable
  • Property Description: Newly updated home that won't last long. All NEW roof, flooring throughout, paint and stainless steel appliances. Home has 1 car attached garage and 2 car detached garage. Huge basement with plenty of extra space. Bonus room in the rear of the house could easily be used as a library, den, office or 4th bedroom.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full,Partial
  • Appliances: Electric Cooktop,Gas Cooktop,Dishwasher,Disposal,MicroHood,Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room,Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access
  • Living Area: 3100
  • Other Equipment: Smoke Detector
  • Room Count: 2
  • Eating Area: Breakfast Room,Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1940
  • Main Level Sq Ft: 1940
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Total Sq Ft: 3100
  • Below Grade Sq Ft: 1160

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Foundation Details: Concrete Perimeter
  • List Price: 219000
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Garage Spaces: 3
  • Fuel: Electric
  • Garage Parking Description: Attached,Detached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Electronic Air Filter
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490525116040000914
  • Acres: <1/4 Acre
  • Lot Number: 1200
  • Lot Size: 9,235

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2232
  • Semi Annual Property Tax Amt: 1116
  • Tax Exemption: None

MLS Schools

  • School District: Speedway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2019
Closed on
Jun 25, 2019
Sold by
20 Homes Llc
Bought by
Ridge Lincoln S and Ridge Andrea E
Seller's Agent
Matt Worthley
United Real Estate Indpls
Buyer's Agent
Shane Dodge
Carpenter, REALTORS®
List Price
$239,921
Sold Price
$215,000
Premium/Discount to List
-$24,921
-10.39%
Current Estimated Value
$316,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,375
Avg. Annual Appreciation
6.48%
Original Mortgage
$222,095
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Closed on
Jan 23, 2019
Sold by
Marion County Sheriff
Bought by
20 Homes Llc

Purchase Details

Closed on
Jul 30, 2010
Sold by
Husselman Bruce L and Husselman Beverly Howe
Bought by
Cains Lyndsay M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,082
Interest Rate
5.25%
Mortgage Type
FHA
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
Ridge Lincoln S $215,000 Chicago Title
20 Homes Llc $109,000 None Available
Cains Lyndsay M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ridge Lincoln S $270,385
Closed Ridge Lincoln S $229,089
Closed Ridge Lincoln S $225,120
Closed Ridge Lincoln S $222,095
Previous Owner Cains Lyndsay M $33,333
Previous Owner Cains Lyndsay M $120,082
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2019 06/25/19 Sold $215,000 -1.8% $69 / Sq Ft
05/14/2019 05/14/19 Pending -- -- --
05/03/2019 05/03/19 Price Changed $219,000 -2.7% $71 / Sq Ft
03/29/2019 03/29/19 Price Changed $225,000 -1.7% $73 / Sq Ft
03/18/2019 03/18/19 Price Changed $229,000 -4.6% $74 / Sq Ft
03/09/2019 03/09/19 For Sale $239,921 -- $77 / 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 $4,008 $295,100 $16,200 $278,900
2023 $4,008 $286,200 $16,200 $270,000
2022 $3,779 $264,500 $16,200 $248,300
2021 $2,853 $201,600 $16,200 $185,400
2020 $2,453 $175,900 $16,200 $159,700
2019 $2,410 $175,900 $16,200 $159,700
2018 $2,354 $163,100 $16,200 $146,900
2017 $2,233 $164,200 $16,200 $148,000
2016 $2,222 $164,100 $16,200 $147,900
2014 $1,936 $147,800 $16,200 $131,600
2013 $1,863 $140,400 $16,200 $124,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21626078

MIBOR Broker Listing Cooperative®

APN: 49-05-25-116-040.000-914