5840 Democracy Dr Indianapolis, IN 46254
Snacks/Guion Creek NeighborhoodEstimated Value: $237,650 - $263,000
3
Beds
2
Baths
1,612
Sq Ft
$153/Sq Ft
Est. Value
About This Home
This home is located at 5840 Democracy Dr, Indianapolis, IN 46254 and is currently estimated at $246,413, approximately $152 per square foot. 5840 Democracy Dr is a home located in Marion County with nearby schools including Pike High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 25, 2008
Sold by
Colbert James T
Bought by
Steinke Matthew A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,424
Outstanding Balance
$62,557
Interest Rate
6.17%
Mortgage Type
FHA
Estimated Equity
$183,856
Purchase Details
Closed on
Jul 31, 2007
Sold by
Clipp Robert and Clipp Robert D
Bought by
Colbert James T and Colbert Michele A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,700
Interest Rate
6.71%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Steinke Matthew A | -- | None Available | |
| Colbert James T | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Steinke Matthew A | $100,424 | |
| Previous Owner | Colbert James T | $247,700 |
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 |
|---|---|---|---|---|
| 2025 | $2,170 | $233,900 | $27,900 | $206,000 |
| 2024 | $1,627 | $195,000 | $27,900 | $167,100 |
| 2023 | $1,627 | $160,500 | $27,900 | $132,600 |
| 2022 | $1,635 | $160,500 | $27,900 | $132,600 |
| 2021 | $1,542 | $145,600 | $19,000 | $126,600 |
| 2020 | $1,540 | $145,600 | $19,000 | $126,600 |
| 2019 | $1,488 | $140,600 | $19,000 | $121,600 |
| 2018 | $1,365 | $128,500 | $19,000 | $109,500 |
| 2017 | $1,187 | $117,800 | $19,000 | $98,800 |
| 2016 | $1,114 | $113,300 | $19,000 | $94,300 |
| 2014 | $921 | $105,800 | $19,000 | $86,800 |
| 2013 | $744 | $100,800 | $19,000 | $81,800 |
Source: Public Records
Map
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