5845 Shipwatch Place Indianapolis, IN 46237
South Franklin Neighborhood
2
Beds
1.5
Baths
1,216
Sq Ft
$242/mo
HOA Fee
Highlights
- No Units Above
- Mature Trees
- 1 Car Attached Garage
- Franklin Central High School Rated A-
- Traditional Architecture
- Woodwork
About This Home
As of May 2025Meticulously renovated condominium, perfect for use as either an investment property or a forever home. The home boasts an updated kitchen featuring new quartz countertops, state-of-the-art appliances, fresh neutral paint, and elegant new flooring throughout. Whirlpool washer and dryer are also included for your convenience. This condo is located in a safe and welcoming community, where neighbors look out for one another, fostering a strong sense of connection and security. Ideally situated near I-65, it offers close proximity to a variety of dining and shopping options. The monthly HOA fee includes comprehensive services such as snow removal, water and landscaping, ensuring a hassle-free living experience. This property is truly move-in ready and offers an exceptional living opportunity.
Last Agent to Sell the Property
Esquire Real Estate Group LLC Brokerage Email: courtney@esquirerealtors.com License #RB14051467 Listed on: 01/03/2025
Co-Listed By
Esquire Real Estate Group LLC Brokerage Email: courtney@esquirerealtors.com License #RB22000389
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,226
Year Built
- Built in 2000 | Remodeled
Lot Details
- No Units Above
- No Units Located Below
- Mature Trees
HOA Fees
- $242 Monthly HOA Fees
Parking
- 1 Car Attached Garage
Home Design
- Traditional Architecture
- Patio Home
- Slab Foundation
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Woodwork
- Vinyl Clad Windows
- Family or Dining Combination
- Attic Access Panel
- Smart Thermostat
Kitchen
- Breakfast Bar
- Electric Cooktop
- Built-In Microwave
- Dishwasher
Flooring
- Carpet
- Vinyl Plank
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
Laundry
- Laundry on upper level
- Dryer
- Washer
Outdoor Features
- Patio
Schools
- Bunker Hill Elementary School
- Franklin Central Junior High
- Edgewood Intermediate School
- Franklin Central High School
Utilities
- Forced Air Heating System
- Water Heater
Community Details
- Association fees include sewer, lawncare, ground maintenance, maintenance structure, maintenance, snow removal, trash
- Bayshore Villas Hpr Subdivision
- Property managed by https://www.cas-indiana.com/
Listing and Financial Details
- Tax Lot 49152211200900-300
- Assessor Parcel Number 491522112009000300
- Seller Concessions Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 3, 2025
Closed on
May 28, 2025
Sold by
Walker Clint
Bought by
Pacey Angela
Seller's Agent
Courtney Hanley
Esquire Real Estate Group LLC
Buyer's Agent
Josh Neuman
@properties
List Price
$207,900
Sold Price
$197,500
Premium/Discount to List
-$10,400
-5%
Views
124
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.99%
Original Mortgage
$155,037
Outstanding Balance
$155,037
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$38,716
Purchase Details
Listed on
Aug 22, 2024
Closed on
Sep 9, 2024
Sold by
Kryger Judy A
Bought by
Walker Clint
Seller's Agent
Sheila Short
Indiana Realty Pros, Inc.
Buyer's Agent
Courtney Hanley
Esquire Real Estate Group LLC
List Price
$155,000
Sold Price
$155,000
Views
11
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.01%
Similar Homes in Indianapolis, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Foundation Title | |
| Warranty Deed | $155,000 | First American Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $155,037 | New Conventional | |
| Previous Owner | $71,997 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | Sold | $197,500 | 0.0% | $162 / Sq Ft |
| 04/14/2025 04/14/25 | Pending | -- | -- | -- |
| 02/02/2025 02/02/25 | Price Changed | $197,500 | -5.0% | $162 / Sq Ft |
| 01/03/2025 01/03/25 | For Sale | $207,900 | +34.1% | $171 / Sq Ft |
| 09/09/2024 09/09/24 | Sold | $155,000 | 0.0% | $127 / Sq Ft |
| 08/22/2024 08/22/24 | Pending | -- | -- | -- |
| 08/22/2024 08/22/24 | For Sale | $155,000 | -- | $127 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $1,314 | $163,300 | $32,900 | $130,400 |
| 2023 | $1,314 | $132,800 | $32,900 | $99,900 |
| 2022 | $1,414 | $132,800 | $32,900 | $99,900 |
| 2021 | $1,277 | $119,300 | $32,900 | $86,400 |
| 2020 | $1,179 | $109,700 | $32,900 | $76,800 |
| 2019 | $1,123 | $104,200 | $32,900 | $71,300 |
| 2018 | $1,035 | $95,600 | $32,900 | $62,700 |
| 2017 | $953 | $89,400 | $32,900 | $56,500 |
| 2016 | $851 | $81,800 | $32,900 | $48,900 |
| 2014 | $812 | $81,200 | $32,900 | $48,300 |
| 2013 | $835 | $79,800 | $32,900 | $46,900 |
Source: Public Records
Agents Affiliated with this Home
-
Courtney Hanley
Seller's Agent in 2025
Courtney Hanley
Esquire Real Estate Group LLC
(317) 281-2751
4 in this area
30 Total Sales
-
Shannon Eckart
Seller Co-Listing Agent in 2025
Shannon Eckart
Esquire Real Estate Group LLC
(317) 504-0221
1 in this area
9 Total Sales
-
Josh Neuman
Buyer's Agent in 2025
Josh Neuman
@properties
(317) 698-8459
1 in this area
141 Total Sales
-
Sheila Short
Seller's Agent in 2024
Sheila Short
Indiana Realty Pros, Inc.
(317) 832-3902
3 in this area
101 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22016012
APN: 49-15-22-112-009.000-300
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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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