NOT LISTED FOR SALE

5862 Speedway Dr Indianapolis, IN 46224

Estimated Value: $209,000 - $231,121

2 Beds
1 Bath
840 Sq Ft
$259/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $215,000 $256 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,353/month

8 Days on Market

Highlights

  • Updated Kitchen
  • Mature Trees
  • Engineered Wood Flooring
  • Speedway Junior High School Rated A
  • Traditional Architecture
  • No HOA

About This Home

As of September 2023

Welcome home, this home is cute as a button and ready for its new owners. This home features 2 gorgeous bedrooms, a wonderful bathroom with a tile surround tub/shower combo, updated kitchen with freshly painted cabinets and newer stainless steel appliances, as well as a full basement. Enjoy the outdoors on your covered front porch or in the backyard on your newly poured patio. They always say location is most important and with this home you have the Speedway trail in your back yard, a short drive to the airport, and minutes from the IMS and everything Main Street has to offer. Other notable mentions are the electrical in the home was redone in 2023, garage door opener replaced in 2023, and exterior doors/storm doors replaced in 2021

Last Agent to Sell the Property

Andrew Tarantino

F.C. Tucker Company Brokerage Email: Andrew.Tarantino@live317.com License #RB18002112 Listed on: 08/23/2023

F.C. Tucker Company

Last Buyer's Agent

Andrew Barr

@properties

@properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,850

Year Built

  • Built in 1950

Lot Details

  • 8,189 Sq Ft Lot
  • Mature Trees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Bungalow
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Paddle Fans
  • Vinyl Clad Windows
  • Window Screens
  • Combination Kitchen and Dining Room
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Convection Oven
  • Gas Oven
  • Microwave

Flooring

  • Engineered Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump
  • Laundry in Basement
  • Basement Lookout

Outdoor Features

  • Covered patio or porch

Schools

  • Arthur C Newby Elementary School 2
  • Speedway Junior High School
  • Speedway Senior High School

Utilities

  • Forced Air Heating System
  • Programmable Thermostat
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 727
  • Assessor Parcel Number 490525104017000914

Community Details

Overview

  • No Home Owners Association
  • Schloss Home Place Subdivision

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,850

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1950
  • Building Area Total: 1680
  • Garage Y N: Yes
  • Lot Size Acres: 0.19
  • Subdivision Name: Schloss Home Place
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: Andrew.Tarantino@live317.com
  • Attribution Contact: Andrew.Tarantino@live317.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Daylight/Lookout Windows, Full, Interior Entry, Unfinished
  • Appliances: Dryer, Gas Water Heater, Microwave, Convection Oven, Gas Oven, Refrigerator, Washer, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Attic Access, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Pantry, Programmable Thermostat, Screens Complete, Windows Vinyl, Wood Work Painted
  • Living Area: 840
  • Main Level Bedrooms: 2
  • Other Equipment: Smoke Alarm, Sump Pump
  • Spa Y N: No
  • Areas Interior: Bedroom Other on Main,Living Room Formal
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 840
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Some Updates
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Aluminum Siding
  • Exterior Features: Lighting
  • Fencing: Fence Full Rear
  • Foundation Details: Block, Full
  • List Price: 225000
  • Patio And Porch Features: Covered Porch, Open Patio

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached, Gravel, Garage Door Opener
  • Fuel: No Fuel Source
  • Garage Parking Other: Garage Door Opener,Service Door
  • Garage Sq Ft: 240

Utilities

  • Utilities: Cable Available
  • Electric: 200+ Amp Service
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Basement
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No
  • Community Features: None

Schools

  • Middle Or Junior School: Speedway Junior High School

Lot Info

  • Lot Features: Access, Curbs, Not In Subdivision, On Trail, Sidewalks, Storm Sewer, Street Lights, Mature Trees, Trees-Small (Under 20 Ft)
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 8189
  • Parcel Number: 490525104017000914
  • Acres: <1/4 Acre
  • Price Acre: 1131579

Green Features

  • Green Certification Y N: No
  • Smart Home Features: Thermostat - Programmable,Thermostat - WiFi

Tax Info

  • Tax Annual Amount: 1850
  • Tax Lot: 727
  • Semi Annual Property Tax Amt: 925
  • Tax Exemption: Homestead Tax Exemption,Mortgage Tax Exemption

MLS Schools

  • Elementary School: Arthur C Newby Elementary School 2
  • High School: Speedway Senior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Sep 26, 2023
Sold by
Bahney Hannah A and Bahney Jessica Leigh
Bought by
Operation Renew Llc
Seller's Agent
Andrew Tarantino
F.C. Tucker Company
Buyer's Agent
Andrew Barr
@properties
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%
Views
66
Current Estimated Value
$217,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,280
Avg. Annual Appreciation
1.79%

Purchase Details

Closed on
Mar 19, 2021
Sold by
Bahney Hannah A
Bought by
Bahney Hannah S and Knudsen Bahney Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 4, 2017
Closed on
Nov 29, 2017
Sold by
Foulke Sarah
Bought by
Hannah A
Seller's Agent
Lori Choate
CHOATE REALTY & Consulting
Buyer's Agent
Donna Towns
CENTURY 21 Scheetz
List Price
$117,000
Sold Price
$117,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%
Original Mortgage
$113,490
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2009
Sold by
Dizney Venica R
Bought by
Dizney Sarah N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,331
Interest Rate
5.2%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 3, 2008
Sold by
Rennier Vicki D and Shultz Venetia C
Bought by
Dizney Sarah N and Dizney Venica R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,480
Interest Rate
6.57%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 2006
Sold by
Vernier Eugene E
Bought by
Rennier Vicki D
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
Operation Renew Llc $215,000 None Listed On Document
Bahney Hannah S -- None Available
Hannah A $117,000 --
Bahney Hannah A $117,000 Landquest Title Services Llc
Dizney Sarah N -- Fat
Dizney Sarah N -- First American Title Ins Co
Rennier Vicki D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bahney Hannah A $110,000
Previous Owner Bahney Hannah A $113,490
Previous Owner Dizney Sarah N $77,867
Previous Owner Dizney Sarah N $83,331
Previous Owner Dizney Sarah N $83,480
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $215,000 -4.4% $256 / Sq Ft
09/02/2023 09/02/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $225,000 +92.3% $268 / Sq Ft
11/29/2017 11/29/17 Sold $117,000 0.0% $70 / Sq Ft
10/04/2017 10/04/17 For Sale $117,000 -- $70 / 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 $1,838 $206,400 $12,800 $193,600
2023 $1,838 $156,000 $12,800 $143,200
2022 $1,849 $150,300 $12,800 $137,500
2021 $1,139 $107,800 $12,800 $95,000
2020 $1,125 $106,400 $12,800 $93,600
2019 $872 $96,800 $12,800 $84,000
2018 $873 $95,700 $12,800 $82,900
2017 $419 $91,900 $12,800 $79,100
2016 $422 $87,000 $12,800 $74,200
2014 $333 $82,300 $12,800 $69,500
2013 $277 $78,900 $12,800 $66,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21939837

MIBOR Broker Listing Cooperative®

APN: 49-05-25-104-017.000-914