NOT LISTED FOR SALE

5881 Central Ave Indianapolis, IN 46220

Meridian Kessler Neighborhood

Estimated Value: $389,174 - $412,000

3 Beds
1.5 Baths
2,900 Sq Ft
$137/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $301,000 $104 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,495/month

5 Days on Market

Highlights

  • Traditional Architecture
  • Formal Dining Room
  • 2 Car Detached Garage
  • Wood Flooring
  • Wood Frame Window
  • 5-minute walk to Dan Wakefield Park

About This Home

As of August 2021

Located in Meridian Kessler area, this 3BR/1.5BA bungalow is waiting for you! The charm of yester year is still evident in this home, from the quaint brick exterior to the arched doorways. You enter the inviting living room with wood fireplace & are then lead to the formal dining room & updated kitchen, complete with all appliances & a cute brkfst area. There are 2 main floor bedrooms, both with original hardwoods under the carpet & a full bath. There is a mstr ste on the upper level with a 1/2 bath, WIC and an additional bonus space, great for a workout area, nursery or office. The bsmt features a large open family area
& L/U area. The fenced rear yard provides a great space for gatherings. Spac 2 car detached garage too!

Last Agent to Sell the Property

Kimberly Carpenter

Trueblood Real Estate License #RB14039231 Listed on: 07/16/2021

Trueblood Real Estate

Last Buyer's Agent

David Barnes

F.C. Tucker Company License #RB14040452

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,018

Year Built

  • Built in 1938

Lot Details

  • 5,319 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1.5-Story Property
  • Woodwork
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Wood Frame Window
  • Window Screens
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement

Kitchen

  • Gas Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

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

Community Details

  • Muellers Central Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490601118001000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,018

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1938
  • Building Area Total: 2900
  • Garage Y N: Yes
  • Lot Size Acres: 0.1221
  • Subdivision Name: MUELLERS CENTRAL
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: https://www.kimsellsindy.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Dishwasher, Dryer, Disposal, Gas Oven, Refrigerator, Washer, MicroHood
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Screens Some, Windows Vinyl, Windows Wood, WoodWorkStain/Painted
  • Other Equipment: Not Applicable
  • Areas Interior: Foyer Small,Laundry in Basement,Utility Room
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1800
  • Main Level Sq Ft: 1100
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Eat In,Kitchen Some Updates
  • Below Grade Sq Ft: 1100
  • Upper Level Sq Ft: 700
  • Pct Optional Level Finished: 25-50%

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Fence Full Rear
  • Foundation Details: Block
  • List Price: 315000
  • Association Maintained Building Exterior: 0
  • Porch: Porch Open

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Parking Other: Garage Door Opener
  • Garage Sq Ft: 380

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490601118001000801
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Street Lights,Tree Mature
  • Lot Number: 2
  • Lot Size: 5,319

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 3018
  • Semi Annual Property Tax Amt: 1509
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Aug 20, 2021
Sold by
King Doris A
Bought by
Roth Adam
Seller's Agent
Kimberly Carpenter
Trueblood Real Estate
Buyer's Agent
David Barnes
F.C. Tucker Company
List Price
$315,000
Sold Price
$301,000
Premium/Discount to List
-$14,000
-4.44%
Total Days on Market
5
Current Estimated Value
$397,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,044
Avg. Annual Appreciation
6.91%
Original Mortgage
$285,950
Outstanding Balance
$263,013
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$129,228
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
Roth Adam $301,000 Enterprise Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roth Adam $285,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $301,000 -4.4% $104 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $315,000 -- $109 / 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 $3,622 $315,200 $38,200 $277,000
2023 $3,622 $296,200 $38,200 $258,000
2022 $3,678 $296,200 $38,200 $258,000
2021 $3,247 $270,500 $40,900 $229,600
2020 $3,185 $263,700 $40,900 $222,800
2019 $3,115 $253,000 $40,900 $212,100
2018 $2,724 $219,600 $40,900 $178,700
2017 $2,217 $200,100 $40,900 $159,200
2016 $2,128 $196,200 $40,900 $155,300
2014 $2,293 $212,300 $40,900 $171,400
2013 $2,195 $211,300 $40,900 $170,400
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Carpenter

    Seller's Agent in 2021

    Kimberly Carpenter

    Trueblood Real Estate

    (317) 509-4000

    6 in this area

    306 Total Sales

    Section Image
  • David Barnes

    Buyer's Agent in 2021

    David Barnes

    F.C. Tucker Company

    (317) 946-0001

    11 in this area

    115 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21799033

MIBOR Broker Listing Cooperative®

APN: 49-06-01-118-001.000-801

Indiana Marion County Indianapolis 46220 Meridian Kessler

5881 Central Ave, Indianapolis, IN

This home is located at 5881 Central Ave, Indianapolis, IN 46220 since 16 July 2021 and is currently estimated at $397,044, approximately $136 per square foot. This property was built in 1938. 5881 Central Ave 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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