NOT LISTED FOR SALE

5901 Magnificent Ln Indianapolis, IN 46234

Estimated Value: $362,790 - $379,000

3 Beds
2.5 Baths
3,352 Sq Ft
$110/Sq Ft Est. Value

Last Sold November 28, 2016

Last sale price $214,000 $64 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,170/month

1 Day on Market

Highlights

  • Community Pool
  • Woodwork
  • Patio
  • Delaware Trail Elementary School Rated A+
  • Walk-In Closet
  • Forced Air Heating and Cooling System

About This Home

As of November 2016

Very spacious with over 3352 square feet of living area in the Brownsburg School District. Main level has Living room, Family room with fireplace, Formal dining room, great kitchen with huge pantry, island cabinet and sunroom/office. Upper level has Master suite with a huge walk-in closet and private bath with double sinks, garden tub and separate shower, huge loft, large laundry room. Oversized 2.5 car garage/workshop. Patio overlooking large private wooded rear yard. New Laminate Main level.

Last Agent to Sell the Property

Tim Perry

Perry & Associates, Inc License #CG41001305 Listed on: 10/11/2016

Last Buyer's Agent

Kidane Beraki

A Prime Insurance & Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,654

Year Built

  • Built in 2002

Lot Details

  • 10,376

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Window Screens
  • Family Room with Fireplace
  • Attic Access Panel

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Home Security

  • Monitored
  • Fire and Smoke Detector

Parking

  • Garage
  • Driveway

Utilities

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

Additional Features

  • Energy-Efficient HVAC
  • Patio
  • 10,376 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 320808109016000015

Community Details

Overview

  • Association fees include maintenance, nature area, parkplayground, pool, professional mgmt, snow removal
  • Highlands At Eagle Crossing Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,654

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2015
  • Year Built: 2002
  • Garage Y N: Yes
  • Green Energy Efficient: HVAC
  • Lot Size Acres: 0.2382
  • Subdivision Name: HIGHLANDS AT EAGLE CROSSING
  • Inspection Warranties: Not Applicable
  • Property Description: Very spacious with over 3352 square feet of living area in the Brownsburg School District. Main level has Living room, Family room with fireplace, Formal dining room, great kitchen with huge pantry, island cabinet and sunroom/office. Upper level has Master suite with a huge walk-in closet and private bath with double sinks, garden tub and separate shower, huge loft, large laundry room. Oversized 2.5 car garage/workshop. Patio overlooking large private wooded rear yard. New Laminate Main level.
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, Microwave, MicroHood, Electric Oven, Refrigerator
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Walk-in Closet(s), Screens Complete, Wood Work Painted
  • Living Area: 3352
  • Other Equipment: Security Alarm Monitored, Security Alarm Rented, Smoke Detector
  • Room Count: 9
  • Areas Interior: Living Room Formal,Laundry Room Upstairs
  • Eating Area: Center Island,Dining Combo/Kitchen,Pantry,Walk In Pantry
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 3352
  • Main Level Sq Ft: 1352
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Sinks Double,Tub Full with Separate Shower,Tub Garden,Suite,Closet Walk in
  • Total Sq Ft: 3352
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 2000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Pool Community
  • Foundation Details: Slab
  • List Price: 220000
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: 2 Car Attached
  • Garage Parking Other: Finished Garage,Service Door,Storage Area,Workshop

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Connected,High Speed Internet Avail
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Semi-Annually
  • Management Company Name: yes

Fee Information

  • Association Fee Includes: Maintenance, Nature Area, ParkPlayground, Pool, Professional Mgmt, Snow Removal
  • Mandatory Fee: 225

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 320808109016000015
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Street Lights,Tree Mature,Wooded
  • Lot Number: 123
  • Lot Size: 10,376

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1654
  • Semi Annual Property Tax Amt: 827
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Brownsburg Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2016
Closed on
Nov 28, 2016
Sold by
Piersall Leo J and Piersall Jolly B
Bought by
Yemane Bereket and Redda Nardos K
Seller's Agent
Tim Perry
Perry & Associates, Inc
Buyer's Agent
Kidane Beraki
A Prime Insurance & Realty
List Price
$220,000
Sold Price
$214,000
Premium/Discount to List
-$6,000
-2.73%
Current Estimated Value
$368,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,198
Avg. Annual Appreciation
6.28%
Original Mortgage
$203,300
Outstanding Balance
$164,161
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$204,037
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
Yemane Bereket -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yemane Bereket $203,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2016 11/28/16 Sold $214,000 0.0% $64 / Sq Ft
10/27/2016 10/27/16 Off Market $214,000 -- --
10/11/2016 10/11/16 For Sale $220,000 -- $66 / 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 $2,867 $286,700 $48,900 $237,800
2023 $2,446 $246,200 $41,300 $204,900
2022 $2,393 $239,300 $39,400 $199,900
2021 $2,254 $225,400 $39,400 $186,000
2020 $2,132 $213,200 $39,400 $173,800
2019 $2,072 $207,200 $38,600 $168,600
2018 $1,995 $199,500 $38,600 $160,900
2017 $1,866 $186,600 $35,900 $150,700
2016 $1,733 $180,700 $35,900 $144,800
2014 $1,631 $168,900 $33,700 $135,200
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Tim Perry

    Perry & Associates, Inc

    (317) 514-6510

    1 Total Sale

    Tim Perry
    Section Image

  • K

    Buyer's Agent in 2016

    Kidane Beraki

    A Prime Insurance & Realty

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21448031

MIBOR Broker Listing Cooperative®

APN: 32-08-08-109-016.000-015

Indiana Hendricks County Indianapolis 46234

5901 Magnificent Ln, Indianapolis, IN

This home is located at 5901 Magnificent Ln, Indianapolis, IN 46234 since 11 October 2016 and is currently estimated at $368,198, approximately $109 per square foot. This property was built in 2002. 5901 Magnificent Ln is a home located in Hendricks County with nearby schools including Delaware Trail Elementary School, Brownsburg East Middle School, and Brownsburg High 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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