NOT LISTED FOR SALE

5859 Forest Ln Indianapolis, IN 46220

Meridian Kessler Neighborhood

Estimated Value: $1,100,210 - $1,157,000

4 Beds
3.5 Baths
3,882 Sq Ft
$291/Sq Ft Est. Value

Last Sold January 15, 2016

Last sale price $570,000 $147 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $7,154/month

170 Days on Market

Highlights

  • 0.37 Acre Lot
  • Thermal Windows
  • Built-in Bookshelves
  • Living Room with Fireplace
  • Tray Ceiling
  • Walk-In Closet

About This Home

As of January 2016

A rare find-completely updated 4 bedroom 3.5 bath home in Forest Hills with a 3 car garage on a large lot with mature trees. This charming all brick home delights with many features including Pella windows allowing an abundance of natural light & a circular floorplan that is perfect for entertaining. The master suite features a walkin closet, shower, sep tub, double vanities & private deck. Other updates include plumbing, electrical, HVAC, tankless W/H, finished basement w/full bath.

Last Agent to Sell the Property

Clay Bowden

CENTURY 21 Scheetz License #RB14043511 Listed on: 06/16/2015

CENTURY 21 Scheetz

Last Buyer's Agent

John Karamanski

Luxcity Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,552

Year Built

  • Built in 1929

Lot Details

  • 0.37

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Tray Ceiling
  • Gas Log Fireplace
  • Thermal Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Attic Access Panel

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Finished Basement

  • Sump Pump
  • Fireplace in Basement
  • Basement Window Egress
  • Basement Lookout

Home Security

  • Security System Owned
  • Radon Detector
  • Fire and Smoke Detector

Parking

  • Garage
  • Driveway

Utilities

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

Additional Features

  • Playground
  • 0.37 Acre Lot

Community Details

  • Forest Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490601141116000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,552

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 1929
  • Garage Y N: Yes
  • Lot Size Acres: 0.37
  • Subdivision Name: FOREST HILLS
  • Inspection Warranties: Not Applicable
  • Property Description: A rare find-completely updated 4 bedroom 3.5 bath home in Forest Hills with a 3 car garage on a large lot with mature trees. This charming all brick home delights with many features including Pella windows allowing an abundance of natural light & a circular floorplan that is perfect for entertaining. The master suite features a walkin closet, shower, sep tub, double vanities & private deck. Other updates include plumbing, electrical, HVAC, tankless W/H, finished basement w/full bath.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Daylight/Lookout Windows, Egress Window(s)
  • Appliances: Gas Cooktop, Dishwasher, Disposal, Microwave, Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Basement, Gas Log, Living Room, Woodburning Fireplce
  • Fireplaces: 2
  • Interior Amenities: Attic Access, Built In Book Shelves, Tray Ceiling(s), Walk-in Closet(s), Windows Thermal
  • Living Area: 3882
  • Other Equipment: Radon System, Security Alarm Paid, Smoke Detector, Sump Pump, Water-Softener Owned
  • Room Count: 12
  • Areas Interior: Living Room Formal,Laundry in Basement,Laundry Room Upstairs
  • Eating Area: Breakfast Bar,Formal Dining Room,Eat In Kitchen,Walk In Pantry
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2544
  • Main Level Sq Ft: 1338
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Sinks Double,Deck,Shower Stall Full,Closet Walk in,Tub Whirlpool
  • Total Sq Ft: 3882
  • Below Grade Sq Ft: 1338
  • Upper Level Sq Ft: 1206
  • Pct Optional Level Finished: 75+%
  • Bathroom Areas: 4.0000
  • Optional Level Below Grade: Daylight Window Basement

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Playground
  • Foundation Details: Block
  • List Price: 589900
  • Association Maintained Building Exterior: 0
  • Porch: Deck UP,Open Patio

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 3 Car Detached
  • Garage Parking Other: Garage Door Opener,Keyless Entry

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Tankless

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490601141116000801
  • Acres: 1/4-1/2 Acre
  • Lot Information: Sidewalks,Street Lights,Tree Mature
  • Lot Number: 144
  • Lot Size: .37 acres

Tax Info

  • Tax Annual Amount: 5552
  • Semi Annual Property Tax Amt: 2776
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2015
Closed on
Jan 15, 2016
Sold by
Reffett Christopher L and Reffett Mary E
Bought by
Katris Christos
Seller's Agent
Clay Bowden
CENTURY 21 Scheetz
Buyer's Agent
John Karamanski
Luxcity Realty
List Price
$634,900
Sold Price
$570,000
Premium/Discount to List
-$64,900
-10.22%
Current Estimated Value
$1,130,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$560,070
Avg. Annual Appreciation
7.26%
Original Mortgage
$456,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 30, 2011
Sold by
Costlow Ronald
Bought by
Reffett Christopher L and Reffett Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2011
Sold by
Waycott Paul H
Bought by
Costlow Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,250
Interest Rate
3.36%
Mortgage Type
New Conventional
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
Katris Christos -- None Available
Reffett Christopher L -- Chicago Title Insurance Co
Costlow Ronald -- Ctic Masters
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katris Christos $900,000
Closed Katris Christos $545,315
Closed Katris Christos $540,000
Closed Katris Christopher $170,000
Closed Katris Christos $362,344
Closed Katris Christos $133,500
Closed Katris Christos $456,000
Previous Owner Reffett Mary E $409,000
Previous Owner Reffett Christopher L $416,000
Previous Owner Costlow Ronald $173,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2016 01/15/16 Sold $570,000 0.0% $147 / Sq Ft
11/12/2015 11/12/15 Off Market $570,000 -- --
10/26/2015 10/26/15 Price Changed $589,900 -1.7% $152 / Sq Ft
09/04/2015 09/04/15 Price Changed $599,900 -0.8% $155 / Sq Ft
08/19/2015 08/19/15 Price Changed $605,000 -2.4% $156 / Sq Ft
07/06/2015 07/06/15 Price Changed $619,900 -2.4% $160 / Sq Ft
06/16/2015 06/16/15 For Sale $634,900 -- $164 / 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 $11,957 $862,500 $85,100 $777,400
2023 $11,957 $894,800 $85,100 $809,700
2022 $7,826 $655,300 $76,600 $578,700
2021 $6,886 $572,400 $51,900 $520,500
2020 $6,380 $537,800 $51,900 $485,900
2019 $6,523 $537,800 $51,900 $485,900
2018 $6,582 $528,300 $51,900 $476,400
2017 $5,582 $510,600 $51,900 $458,700
2016 $5,847 $527,700 $51,900 $475,800
2014 $5,553 $508,300 $51,900 $456,400
2013 $5,101 $495,100 $51,900 $443,200
Source: Public Records

Agents Affiliated with this Home

  • Clay Bowden

    Seller's Agent in 2016

    Clay Bowden

    CENTURY 21 Scheetz

    (317) 873-1009

    1 in this area

    12 Total Sales

    Clay Bowden
    Section Image

  • J

    Buyer's Agent in 2016

    John Karamanski

    Luxcity Realty

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21359780

MIBOR Broker Listing Cooperative®

APN: 49-06-01-141-116.000-801

Indiana Marion County Indianapolis 46220 Meridian Kessler

5859 Forest Ln, Indianapolis, IN

This home is located at 5859 Forest Ln, Indianapolis, IN 46220 since 16 June 2015 and is currently estimated at $1,130,070, approximately $291 per square foot. This property was built in 1929. 5859 Forest Ln is a home located in Marion County with nearby schools including James Whitcomb Riley School 43, Arsenal Technical High School, and George Washington Community High School (9-12).

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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