NOT LISTED FOR SALE

5873 Magnificent Ln Indianapolis, IN 46234

Estimated Value: $402,771 - $415,000

4 Beds
4.5 Baths
3,920 Sq Ft
$104/Sq Ft Est. Value

Last Sold December 10, 2020

Last sale price $310,000 $79 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,442/month

9 Days on Market

Highlights

  • Traditional Architecture
  • Community Pool
  • 2 Car Attached Garage
  • Delaware Trail Elementary School Rated A+
  • Double Oven
  • Woodwork

About This Home

As of December 2020

This FABULOUS home is HUGE! Large owners retreat and master bath w/jetted tub, new granite counter top and duel sinks. 3 additional LARGE bdrm with a full bath for each brdrm, and a large bonus room. The kitchen was remodeled 2017 including beautiful granite counters and stainless appliances. Main floor offers formal living and dining, family rm w/ gas fireplace plus an extremely large hearth rm. Enjoy the 32x18 concrete patio with pergola overlooking the private tree line back yard. Additional updates include: Gutter Guards, New roof 2019, New HVAC / water heater 2020. This home is ready to move in. Seller will provide 1 yr warranty at closing. This home is in BROWNSBURG SCHOOLS DISTRICT with an Indpls address.

Last Agent to Sell the Property

Michelle West

eXp Realty, LLC License #RB20000465 Listed on: 10/16/2020

eXp Realty, LLC

Co-Listed By

Connie Jurey

House Smart Realty, LLC License #RB14035708

Last Buyer's Agent

Peggy Hoffman

The Elite Advantage, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,312

Year Built

  • Built in 2002

Lot Details

  • 10,019 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Window Screens
  • Family Room with Fireplace
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Double Oven
  • Electric Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 320808109020000015

Community Details

Overview

  • Association fees include insurance, maintenance, nature area, parkplayground, pool, walking trails
  • The Highlands Subdivision
  • Property managed by M GROUP MANAGEMENT CO.

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,312

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 2002
  • Co List Office Phone: 317-641-3031
  • Garage Y N: Yes
  • Lot Size Acres: 0.23
  • Subdivision Name: THE HIGHLANDS
  • Inspection Warranties: Warranty Homebuyers
  • Property Description: This FABULOUS home is HUGE! Large owners retreat and master bath w/jetted tub, new granite counter top and duel sinks. 3 additional LARGE bdrm with a full bath for each brdrm, and a large bonus room. The kitchen was remodeled 2017 including beautiful granite counters and stainless appliances. Main floor offers formal living and dining, family rm w/ gas fireplace plus an extremely large hearth rm. Enjoy the 32x18 concrete patio with pergola overlooking the private tree line back yard. Additional updates include: Gutter Guards, New roof 2019, New HVAC / water heater 2020. This home is ready to move in. Seller will provide 1 yr warranty at closing. This home is in BROWNSBURG SCHOOLS DISTRICT with an Indpls address.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, Electric Oven, Double Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Screens Complete, Windows Vinyl, Wood Work Painted
  • Living Area: 3920
  • Other Equipment: Smoke Detector
  • Room Count: 12
  • Areas Interior: In-Law Quarters,Living Room Formal,Laundry Room Upstairs
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 3920
  • Main Level Sq Ft: 1764
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,Shower Stall Full,Sinks Double,Suite,Tub Whirlpool
  • Total Sq Ft: 3920
  • Kitchen Features: Kitchen Updated,Pantry WalkIn
  • Upper Level Sq Ft: 2156

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Pool Community
  • Foundation Details: Slab
  • Association Maintained Building Exterior: 0
  • Porch: Gazebo,Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Service Door

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Gas Connected
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Semi-Annually
  • Management Company Name: M GROUP MANAGEMENT CO.
  • Management Company Phone: 317-784-5899
  • H O A Disclosures: Covenants & Restrictions,Rules & Regulations

Fee Information

  • Association Fee Includes: Entrance Common, Insurance, Maintenance, Nature Area, ParkPlayground, Pool, Walking Trails
  • Mandatory Fee: 225

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 320808109020000015
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Street Lights,Tree Mature
  • Lot Number: 127
  • Lot Size: 9,975

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2312
  • Semi Annual Property Tax Amt: 1156
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Brownsburg Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Dec 10, 2020
Sold by
Dejean Elgin A and Dejean Letitia B
Bought by
Nunez Nunez Angel Leodan Angel Leodan and Nunez Kiara Liliana
Seller's Agent
Michelle West
eXp Realty, LLC
Buyer's Agent
Peggy Hoffman
The Elite Advantage, Inc.
List Price
$319,990
Sold Price
$310,000
Premium/Discount to List
-$9,990
-3.12%
Current Estimated Value
$408,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,193
Avg. Annual Appreciation
5.86%
Original Mortgage
$267,800
Outstanding Balance
$238,422
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$169,771
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
Nunez Nunez Angel Leodan Angel Leodan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nunez Nunez Angel Leodan Angel Leodan $267,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2020 12/10/20 Sold $310,000 -3.1% $79 / Sq Ft
10/25/2020 10/25/20 Pending -- -- --
10/17/2020 10/17/20 For Sale $319,990 +3.2% $82 / Sq Ft
10/16/2020 10/16/20 Off Market $310,000 -- --
10/16/2020 10/16/20 For Sale $319,990 -- $82 / 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 $3,613 $361,300 $48,900 $312,400
2023 $3,099 $309,900 $41,300 $268,600
2022 $2,980 $298,000 $39,400 $258,600
2021 $2,789 $278,900 $39,400 $239,500
2020 $2,322 $232,200 $39,400 $192,800
2019 $2,311 $231,100 $38,600 $192,500
2018 $2,224 $222,400 $38,600 $183,800
2017 $2,088 $208,800 $35,900 $172,900
2016 $2,014 $202,000 $35,900 $166,100
2014 $1,878 $187,800 $33,700 $154,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21746168

MIBOR Broker Listing Cooperative®

APN: 32-08-08-109-020.000-015