5902 S Gale St Indianapolis, IN 46227
Edgewood NeighborhoodEstimated payment $1,579/month
Total Views
5,376
3
Beds
2
Baths
1,320
Sq Ft
$189
Price per Sq Ft
Highlights
- Ranch Style House
- No HOA
- Central Air
- Wood Flooring
- 2 Car Attached Garage
- Family or Dining Combination
About This Home
This brick single-family ranch offers a unique opportunity to make a home or for investment property. With current tenants' lease expiring at the end of the year, as soon as closing day, you will be pulling in rent right away. With some updated floor plans and a large carport in front of the garage, this home is ready for you!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,622
Year Built
- Built in 1959
Lot Details
- 0.34 Acre Lot
Parking
- 2 Car Attached Garage
Home Design
- Ranch Style House
- Brick Exterior Construction
Interior Spaces
- 1,320 Sq Ft Home
- Paddle Fans
- Family Room with Fireplace
- Family or Dining Combination
- Wood Flooring
- Crawl Space
- Attic Access Panel
Kitchen
- Electric Oven
- Electric Cooktop
- Microwave
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
- Drakeshire Subdivision
Listing and Financial Details
- Tax Lot 491505107007000500
- Assessor Parcel Number 491505107007000500
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,008 | $223,900 | $28,000 | $195,900 |
| 2023 | $3,008 | $229,200 | $28,000 | $201,200 |
| 2022 | $2,743 | $205,500 | $28,000 | $177,500 |
| 2021 | $2,521 | $186,900 | $28,000 | $158,900 |
| 2020 | $1,670 | $129,000 | $28,000 | $101,000 |
| 2019 | $1,629 | $127,000 | $17,100 | $109,900 |
| 2018 | $1,473 | $118,400 | $17,100 | $101,300 |
| 2017 | $1,440 | $117,100 | $17,100 | $100,000 |
| 2016 | $1,395 | $114,000 | $17,100 | $96,900 |
| 2014 | $1,130 | $111,100 | $17,100 | $94,000 |
| 2013 | $1,120 | $111,100 | $17,100 | $94,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2025 07/08/25 | For Sale | $250,000 | +134.7% | $189 / Sq Ft |
| 12/20/2013 12/20/13 | Sold | $106,500 | -3.1% | $81 / Sq Ft |
| 11/16/2013 11/16/13 | Pending | -- | -- | -- |
| 10/23/2013 10/23/13 | Price Changed | $109,900 | -4.0% | $83 / Sq Ft |
| 09/30/2013 09/30/13 | Price Changed | $114,500 | -1.7% | $87 / Sq Ft |
| 09/06/2013 09/06/13 | Price Changed | $116,500 | -2.1% | $88 / Sq Ft |
| 08/26/2013 08/26/13 | Price Changed | $119,000 | -4.0% | $90 / Sq Ft |
| 08/08/2013 08/08/13 | For Sale | $124,000 | -- | $94 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $235,000 | Medley Leroy D | |
| Warranty Deed | $177,000 | Best Title Services | |
| Warranty Deed | -- | Mtc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $211,000 | New Conventional | |
| Previous Owner | $173,794 | FHA | |
| Previous Owner | $6,195 | New Conventional | |
| Previous Owner | $105,225 | New Conventional | |
| Previous Owner | $4,260 | Stand Alone Second | |
| Previous Owner | $104,029 | FHA | |
| Previous Owner | $15,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Similar Homes in Indianapolis, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22049483
APN: 49-15-05-107-007.000-500
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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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