NOT LISTED FOR SALE

5913 Magnificent Ln Indianapolis, IN 46234

Estimated Value: $315,000 - $346,000

3 Beds
3 Baths
2,718 Sq Ft
$120/Sq Ft Est. Value

Last Sold January 12, 2022

Last sale price $276,000 $102 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,989/month

2 Days on Market

Highlights

  • Attached Garage
  • Delaware Trail Elementary School Rated A+
  • High Speed Internet

About This Home

As of January 2022

Large 3 bedroom, 2.5 bath home with beautiful wooded backyard in Brownsburg school system. Open-concept floor plan features a formal living room, formal dining room, entryway, family room with wood-burning fireplace, kitchen, breakfast room, 1/2 bath, and walk-in pantry/storage room on the first level. 2nd. floor features a large landing which could be an upstairs living room or office space, 3 bedrooms and 2 full baths. The large master suite includes a walk-in closet, tub/shower and large vanity. The kitchen includes all appliances. Neutral colors throughout. Several upgrades throughout the home include a new stainless gas stove, new water heater, and upgraded insulation. Community amenities include pool, playground and walking trails.

Last Agent to Sell the Property

Eric Wolfe

Prime Real Estate ERA Powered License #RB14040059 Listed on: 11/09/2021

Co-Listed By

Jennifer McCune

Prime Real Estate ERA Powered License #RB16000472

Last Buyer's Agent

Karr Hill

Real Results, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,818

Year Built

  • 2002

Lot Details

  • 9,583

HOA Fees

  • $38 per month

Parking

  • Attached Garage

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • Property managed by M Management Company

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,818

Year Built

2002

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: www.primerealestateprofessionals.com
  • Architectural Style: TraditonalAmerican
  • Co List Office Mls Id: MBRPIEG01
  • Co List Office Phone: 765-653-4663
  • Directions: TAKE 56TH WEST FROM 465. COMMUNITY IS 1/2 MILE WEST OF RACEWAY/56TH INTERSECTION ON LEFT SIDE.
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: SILVERLEAF
  • Special Features: None
  • Year Built: 2002

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Oven, Refrigerator, Washer
  • Fireplace Features: Family Room, Woodburning Fireplce
  • Areas Interior: Living Room Formal,Laundry Room Upstairs,Utility Room
  • Eating Area: Breakfast Room,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2718
  • Main Level Sq Ft: 999
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Closet Walk in,TubFull with Shower
  • Kitchen Features: Pantry
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 1719
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Walk-in Closet(s), Windows Vinyl, Wood Work Painted
  • Other Equipment: Smoke Detector, Water-Softener Owned

Exterior Features

  • Exterior Features: Driveway Concrete, Playground
  • Foundation Details: Slab
  • Association Maintained Building Exterior: 0
  • Construction Stage: Foundation In
  • Builder Name: C.P. MORGAN
  • Construction Type: Brick, Vinyl Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener,Service Door,Storage Area
  • Garage Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Management Company Name: M Management Company
  • Management Company Phone: 317-207-4281
  • Association Fee: 225
  • Association Fee Frequency: Semi-Annually

Fee Information

  • Association Fee Includes: Entrance Common, Insurance, Maintenance, Nature Area, ParkPlayground, Pool, Management, Walking Trails

Lot Info

  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Tree Mature,See Remarks
  • Lot Number: 122
  • Lot Size: 9750 Sq. Ft.

Green Features

  • Green Certification Y N: 0

Tax Info

  • Semi Annual Property Tax Amt: 909
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption
  • Tax Annual Amount: 1818
  • Tax Year: 2021

MLS Schools

  • School District: Brownsburg Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2021
Closed on
Jan 12, 2022
Sold by
Chiba Hiroko M and Chiba Naoki
Bought by
Ajani Adeola Latifat
Seller's Agent
Eric Wolfe
Prime Real Estate ERA Powered
Buyer's Agent
Karr Hill
Real Results, Inc.
List Price
$265,000
Sold Price
$276,000
Premium/Discount to List
$11,000
4.15%
Current Estimated Value
$327,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,453
Avg. Annual Appreciation
4.64%
Original Mortgage
$271,000
Outstanding Balance
$249,564
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$77,889
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
Ajani Adeola Latifat $276,000 Comer Ben
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ajani Adeola Latifat $271,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2022 01/12/22 Sold $276,000 +4.2% $102 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
11/09/2021 11/09/21 For Sale $265,000 -- $97 / 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 $2,654 $265,400 $48,900 $216,500
2023 $2,271 $232,000 $41,300 $190,700
2022 $2,027 $210,700 $39,400 $171,300
2021 $1,937 $200,300 $39,400 $160,900
2020 $1,818 $189,700 $39,400 $150,300
2019 $1,809 $189,900 $38,600 $151,300
2018 $1,741 $183,000 $38,600 $144,400
2017 $1,621 $171,900 $35,900 $136,000
2016 $1,545 $166,500 $35,900 $130,600
2014 $1,437 $154,700 $33,700 $121,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21822457

MIBOR Broker Listing Cooperative®

APN: 32-08-08-109-015.000-015