NOT LISTED FOR SALE

5882 Central Ave Indianapolis, IN 46220

Meridian Kessler Neighborhood

Estimated Value: $668,000 - $857,000

5 Beds
2.5 Baths
3,277 Sq Ft
$228/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $660,000 $201 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,558/month

10 Days on Market

Highlights

  • Mature Trees
  • Traditional Architecture
  • No HOA
  • Deck
  • Wood Flooring
  • Covered patio or porch

About This Home

As of September 2023

Exceptionally maintained Meridian-Kessler charmer with tons of character & beautifully updated throughout. The professional landscaping & cozy front porch is just the start- outstanding living space, huge room sizes, gorgeous hardwood floors, bright cheery living room w/fireplace, recessed lighting. High quality windows, trim, window coverings. Opportunity for 2 separate home offices, overall a 5 bdrm but best used as a 4 bed w/ flex/den/office areas. Huge primary owner's suite w/walk in closet, dual vanities & marble shower. The cleanest M-K basement space you'll ever see w/high ceilings- a great work-out space w/tons of storage. 2 car garage. Newer roof, electric, plumbing, Tankless H2O heater, newer HVACs- this one does not disappoint.

Last Agent to Sell the Property

Matt King

F.C. Tucker Company Brokerage Email: matt.king@talktotucker.com License #RB16001708 Listed on: 08/03/2023

F.C. Tucker Company

Last Buyer's Agent

Paula Strout

F.C. Tucker Company License #RB20001355

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,258

Year Built

  • Built in 1925

Lot Details

  • 150 Sq Ft Lot
  • Mature Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Living Room with Fireplace
  • Wood Flooring
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom

Basement

  • 9 Foot Basement Ceiling Height
  • Crawl Space

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

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

Community Details

  • No Home Owners Association
  • O'connors Wash Blvd Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 490601119016000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,258

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1925
  • Building Area Total: 4045
  • Garage Y N: Yes
  • Lot Size Acres: 0.21
  • Subdivision Name: O'Connors Wash Blvd
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: matt.king@talktotucker.com
  • Attribution Contact: matt.king@talktotucker.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Ceiling - 9+ feet, Crawl Space
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Gas Oven, Refrigerator, Tankless Water Heater
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 109
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Pull Down Stairs, Bath Sinks Double Main, Built In Book Shelves, Center Island, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Walk-in Closet(s)
  • Living Area: 3277
  • Main Level Bedrooms: 3
  • Other Equipment: Smoke Alarm
  • Areas Interior: Bedroom Other on Main,Living Room Formal,Utility Room
  • Eating Area: Breakfast Room,Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1957
  • Basement Half Bathrooms: 1
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 1211
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 2

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Block
  • List Price: 675000
  • Patio And Porch Features: Deck Main Level, Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Garage Sq Ft: 400

Utilities

  • Utilities: Cable Connected, Gas
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Sidewalks, Street Lights, Mature Trees, Trees-Small (Under 20 Ft)
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 150
  • Parcel Number: 490601119016000801
  • Acres: <1/4 Acre
  • Price Acre: 3142857

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 4258
  • Tax Block: 0
  • Tax Lot: 5
  • Semi Annual Property Tax Amt: 2129
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Sep 11, 2023
Sold by
Bewley Wayne H
Bought by
Peterson Ryan and Peterson Nakisha
Seller's Agent
Matt King
F.C. Tucker Company
Buyer's Agent
Paula Strout
F.C. Tucker Company
List Price
$675,000
Sold Price
$660,000
Premium/Discount to List
-$15,000
-2.22%
Views
113
Current Estimated Value
$747,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,200
Avg. Annual Appreciation
0.45%
Original Mortgage
$570,000
Outstanding Balance
$560,462
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$105,205

Purchase Details

Closed on
May 6, 2005
Sold by
Steckbeck Mark D and Steckbeck Kristina I
Bought by
Bewley Wayne H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.07%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Peterson Ryan $660,000 None Listed On Document
Bewley Wayne H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Ryan $570,000
Previous Owner Bewlwy Wayne H $100,000
Previous Owner Bewley Wayne H $35,000
Previous Owner Bewley Wayne H $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold $660,000 -2.2% $201 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $675,000 -- $206 / 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 $5,603 $621,300 $78,800 $542,500
2023 $5,603 $456,600 $78,800 $377,800
2022 $4,258 $456,600 $78,800 $377,800
2021 $3,646 $302,300 $60,700 $241,600
2020 $3,463 $286,200 $60,700 $225,500
2019 $3,530 $286,200 $60,700 $225,500
2018 $3,505 $281,800 $60,700 $221,100
2017 $3,023 $273,700 $60,700 $213,000
2016 $3,036 $281,500 $60,700 $220,800
2014 $2,933 $270,900 $60,700 $210,200
2013 $2,645 $264,800 $60,700 $204,100
Source: Public Records

Agents Affiliated with this Home

  • Matt King

    Seller's Agent in 2023

    Matt King

    F.C. Tucker Company

    (317) 313-5533

    62 in this area

    211 Total Sales

    Section Image
  • Paula Strout

    Buyer's Agent in 2023

    Paula Strout

    F.C. Tucker Company

    (317) 609-0066

    1 in this area

    32 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21935145

MIBOR Broker Listing Cooperative®

APN: 49-06-01-119-016.000-801

Indiana Marion County Indianapolis 46220 Meridian Kessler

5882 Central Ave, Indianapolis, IN

This home is located at 5882 Central Ave, Indianapolis, IN 46220 since 03 August 2023 and is currently estimated at $747,200, approximately $228 per square foot. This property was built in 1925. 5882 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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