NOT LISTED FOR SALE

5880 E Shimer Ave Indianapolis, IN 46219

Irvington Neighborhood

Estimated Value: $131,000 - $144,000

3 Beds
1 Bath
957 Sq Ft
$142/Sq Ft Est. Value

Last Sold November 04, 2015

Last sale price $30,000 $31 Per Sq Ft

Est. 354% increase in value since last sale

Current estimated payment $902/month

74 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Forced Air Heating System
  • Eat-In Kitchen

About This Home

As of November 2015

THREE BEDROOM ONE BATH HAS COVERED PORCH, FENCED IN BACKYD, EAT IN KITCHEN AND BONUS ROOM. GREAT STARTER HOME OR INVESTMENT PROPERTY, CURRENTLY RENTED.

Last Agent to Sell the Property

Jack Norton

Norton Real Estate Brokerage Email: jnorton@mibor.net License #RB14005732 Listed on: 08/19/2014

Last Buyer's Agent

Jack Norton

Norton Real Estate Brokerage Email: jnorton@mibor.net License #RB14005732 Listed on: 08/19/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • Aluminum Siding

Interior Spaces

  • 957 Sq Ft Home
  • 1-Story Property
  • Attic Access Panel
  • Fire and Smoke Detector
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Brookville Village Subdivision

Listing and Financial Details

  • Tax Lot 76
  • Assessor Parcel Number 491010145046000701

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1949
  • Building Area Total: 957
  • Garage Y N: No
  • Lot Size Acres: 0.13
  • Subdivision Name: Brookville Village
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: jnorton@mibor.net
  • Attribution Contact: jnorton@mibor.net
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None, Gas Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Eat-in Kitchen
  • Living Area: 957
  • Other Equipment: Smoke Alarm
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 957
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Aluminum Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: None
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Parcel Number: 491010145046000701
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 1152
  • Tax Lot: 76
  • Semi Annual Property Tax Amt: 576
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2014
Closed on
Nov 4, 2015
Sold by
Mainstreet Real Estate Holdings Llc
Bought by
Land Trust 3720
Seller's Agent
Jack Norton
Norton Real Estate
Buyer's Agent
Jack Norton
Norton Real Estate
List Price
$349,900
Sold Price
$30,000
Premium/Discount to List
-$319,900
-91.43%
Current Estimated Value
$136,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,176
Avg. Annual Appreciation
15.92%
Original Mortgage
$247,120
Outstanding Balance
$194,041
Interest Rate
3.74%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$57,865

Purchase Details

Closed on
Apr 28, 2015
Sold by
Telluride Llc
Bought by
E H R Vision Us Llc

Purchase Details

Closed on
May 31, 2011
Sold by
American Property Investments Inc
Bought by
Telluride Llc

Purchase Details

Closed on
Apr 18, 2011
Sold by
Fannie Mae
Bought by
American Property Investments Inc

Purchase Details

Closed on
Feb 18, 2011
Sold by
Williamson Erik
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 6, 2008
Sold by
Trea Properties Llc
Bought by
Iree Property Investments Llc

Purchase Details

Closed on
Jun 24, 2008
Sold by
Williamson Erik
Bought by
Trea Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2008
Sold by
Elite Property Development Inc
Bought by
Williamson Erik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2008
Sold by
Countrywide Home Loans Inc
Bought by
Elite Property Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2007
Sold by
Barnett Melbourne and Doe John
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Apr 29, 2005
Sold by
American Property Investments Nic
Bought by
Barnett Melbourne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,300
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Land Trust 3720 -- None Available
Mainstreet Real Estate Holdings Llc -- None Available
E H R Vision Us Llc -- None Available
Telluride Llc -- None Available
American Property Investments Inc $19,300 Total Title Llc
Federal National Mortgage Association $65,994 None Available
Iree Property Investments Llc -- None Available
Trea Properties Llc -- None Available
Williamson Erik -- None Available
Elite Property Development Inc -- None Available
Countrywide Home Loans Inc $74,762 None Available
Barnett Melbourne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mainstreet Real Estate Holdings Llc $247,120
Closed Land Trust 3720 $247,120
Previous Owner Williamson Erik $52,000
Previous Owner Barnett Melbourne $60,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2016 02/08/16 Off Market $30,000 -- --
11/04/2015 11/04/15 Sold $30,000 -91.4% $31 / Sq Ft
08/21/2015 08/21/15 For Sale $349,900 +1066.3% $366 / Sq Ft
08/12/2015 08/12/15 Price Changed $30,000 -- $31 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $2,313 $116,900 $7,200 $109,700
2023 $2,313 $94,600 $7,200 $87,400
2022 $1,489 $60,200 $7,200 $53,000
2021 $1,202 $49,200 $7,200 $42,000
2020 $1,261 $51,600 $9,600 $42,000
2019 $1,283 $51,600 $9,600 $42,000
2018 $1,345 $53,800 $9,600 $44,200
2017 $1,192 $53,200 $9,600 $43,600
2016 $1,197 $54,700 $9,600 $45,100
2014 $1,152 $53,300 $9,600 $43,700
2013 $1,317 $53,300 $9,600 $43,700
Source: Public Records

Agents Affiliated with this Home

  • Jack Norton

    Seller's Agent in 2015

    Jack Norton

    Norton Real Estate

    (317) 508-6544

    37 Total Sales

    Jack Norton
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21310643

MIBOR Broker Listing Cooperative®

APN: 49-10-10-145-046.000-701

Indiana Marion County Indianapolis 46219 Irvington

5880 E Shimer Ave, Indianapolis, IN

Not Listed for Sale

Detached

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