NOT LISTED FOR SALE

5880 Villa Ave Indianapolis, IN 46227

Edgewood Neighborhood

Estimated Value: $159,000 - $191,000

2 Beds
1 Bath
948 Sq Ft
$181/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $120,000 $127 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,005/month

Highlights

  • 1 Fireplace
  • 2 Car Attached Garage
  • 1-Story Property
  • Porch
  • Eat-In Kitchen
  • Combination Kitchen and Dining Room

About This Home

As of January 2021

Charming Home Sits On A Large Double Lot And Has A Fenced In Yard, Pond With Waterfall And Beautiful Trees. The Kitchen And Bathroom Need Cosmetic Updating And All Appliances Are Included (Fridge, Electric Range, Hood, Microwave, Washer & Dryer). New Windows In 2014. Roof, Gutters, Water Heater & Furnace New In 2013. New Carpet And Interior Paint. Laundry Room Was Once A 3rd Bedroom And Could Be Converted Back To A Bedroom Potentially. Large Attached 2 Car Garage With Extra Storage. Cozy Family Room With Wood Stove Leads To A Newer Bedroom. All Mechanicals Are In Good Working Condition.

Last Agent to Sell the Property

Michelle Nichols

Highgarden Real Estate License #RB14049963 Listed on: 12/11/2020

Last Buyer's Agent

Perla Palma

Carpenter, REALTORS®

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $504

Year Built

  • Built in 1949

Lot Details

  • 0.34

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 948 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Vinyl Clad Windows
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Eat-In Kitchen
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Porch
  • 0.34 Acre Lot
  • Heating System Uses Gas

Community Details

  • J M Eckmans Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491506106040000500

Home Details

Home Type

Single Family

Est. Annual Taxes

$504

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow/Shotgun
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1949
  • Garage Y N: Yes
  • Lot Size Acres: 0.3444
  • Subdivision Name: J M ECKMANS
  • Inspection Warranties: Not Applicable
  • Property Description: Charming Home Sits On A Large Double Lot And Has A Fenced In Yard, Pond With Waterfall And Beautiful Trees. The Kitchen And Bathroom Need Cosmetic Updating And All Appliances Are Included (Fridge, Electric Range, Hood, Microwave, Washer & Dryer). New Windows In 2014. Roof, Gutters, Water Heater & Furnace New In 2013. New Carpet And Interior Paint. Laundry Room Was Once A 3rd Bedroom And Could Be Converted Back To A Bedroom Potentially. Large Attached 2 Car Garage With Extra Storage. Cozy Family Room With Wood Stove Leads To A Newer Bedroom. All Mechanicals Are In Good Working Condition.
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dryer,Microwave,Electric Oven,Range Hood,Refrigerator,Washer
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Family Room,Free Standing
  • Fireplaces: 1
  • Interior Amenities: Windows Vinyl
  • Living Area: 948
  • Other Equipment: Not Applicable
  • Room Count: 6
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 948
  • Main Level Sq Ft: 948
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 948
  • Kitchen Features: Kitchen Eat In

Exterior Features

  • Construction Materials: Wood Siding,Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt,Fence Partial,Water Feature Fountain
  • Foundation Details: Crawl Space
  • List Price: 115000
  • Association Maintained Building Exterior: 0
  • Porch: Porch Open

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Side Load Garage
  • Garage Sq Ft: 576

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air,Ceiling Fan(s)
  • Heating: Baseboard,Forced Air,Wood Stove
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491506106040000500
  • Acres: 1/4-1/2 Acre
  • Lot Information: Corner,Tree Mature
  • Lot Number: 25 & 26
  • Lot Size: 15,002

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 504
  • Semi Annual Property Tax Amt: 252
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Perry Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2020
Closed on
Jan 22, 2021
Sold by
Lamonte Dominick Benard
Bought by
Marte Socrates A Hichez and Hichez Alexandra R
Seller's Agent
Michelle Nichols
Highgarden Real Estate
Buyer's Agent
Perla Palma
Carpenter, REALTORS®
List Price
$115,000
Sold Price
$120,000
Premium/Discount to List
$5,000
4.35%
Current Estimated Value
$171,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,419
Avg. Annual Appreciation
7.87%
Original Mortgage
$116,400
Outstanding Balance
$103,685
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$67,734

Purchase Details

Listed on
Mar 28, 2019
Closed on
May 29, 2019
Sold by
Peak Sandra L and Peak Jonathon A
Bought by
Lamonte Dominick Benard
Seller's Agent
Kristin Rafferty-Burdine
eXp Realty, LLC
Buyer's Agent
Michelle Nichols
CENTURY 21 Scheetz
List Price
$89,000
Sold Price
$90,000
Premium/Discount to List
$1,000
1.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.05%
Original Mortgage
$72,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2016
Sold by
Peak Sandra L and Haggard Gerry L
Bought by
Peak Sandra L and Peak Jonathon A
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
Marte Socrates A Hichez $120,000 Chicago Title
Lamonte Dominick Benard -- Chicago Title
Peak Sandra L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marte Socrates A Hichez $116,400
Previous Owner Lamonte Dominick Benard $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/22/2021 01/22/21 Sold $120,000 +4.3% $127 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
12/11/2020 12/11/20 For Sale $115,000 +27.8% $121 / Sq Ft
05/31/2019 05/31/19 Sold $90,000 +1.1% $83 / Sq Ft View Prior Sale
03/29/2019 03/29/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $89,000 -- $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 $1,112 $110,900 $30,000 $80,900
2023 $1,112 $109,100 $30,000 $79,100
2022 $1,102 $105,300 $30,000 $75,300
2021 $1,107 $101,200 $30,000 $71,200
2020 $940 $92,600 $30,000 $62,600
2019 $602 $94,600 $18,000 $76,600
2018 $643 $93,500 $18,000 $75,500
2017 $629 $92,700 $18,000 $74,700
2016 $616 $90,500 $18,000 $72,500
2014 $557 $94,500 $18,000 $76,500
2013 $552 $94,500 $18,000 $76,500
Source: Public Records

Agents Affiliated with this Home

  • Michelle Nichols

    Seller's Agent in 2021

    Michelle Nichols

    Highgarden Real Estate

    (317) 796-9072

    2 in this area

    49 Total Sales

    Michelle Nichols
    Section Image

  • P

    Buyer's Agent in 2021

    Perla Palma

    Carpenter, REALTORS®

    Section Image

  • K

    Seller's Agent in 2019

    Kristin Rafferty-Burdine

    eXp Realty, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21754592

MIBOR Broker Listing Cooperative®

APN: 49-15-06-106-040.000-500

Indiana Marion County Indianapolis 46227 Edgewood

5880 Villa Ave, Indianapolis, IN

This home is located at 5880 Villa Ave, Indianapolis, IN 46227 since 11 December 2020 and is currently estimated at $171,419, approximately $180 per square foot. This property was built in 1949. 5880 Villa Ave is a home located in Marion County with nearby schools including Clinton Young Elementary School, Southport 6th Grade Academy, and Southport Middle School.

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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