NOT LISTED FOR SALE

5915 Central Ave Indianapolis, IN 46220

Broad Ripple Neighborhood

Estimated Value: $597,000 - $771,000

3 Beds
2.5 Baths
3,318 Sq Ft
$213/Sq Ft Est. Value

Last Sold October 20, 2020

Last sale price $505,285 $152 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,381/month

12 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • 2 Car Detached Garage
  • English Architecture
  • Formal Dining Room
  • 5-minute walk to Dan Wakefield Park

About This Home

As of October 2020

Stunning 3BR, 2.5 BA home in Meridian Kessler. Amazing curb appeal & huge backyard.
Living room with newly built fireplace w/marble surround. Hardwood floors & historic charm. Formal DR with tons of natural light.
Kitchen w/tons of cab space, granite countertops, breakfast bar & stainless steel appl. Kitchen opens to great room with views of the patio & back yard. All bedrooms up. Master suite w/walk-in-closet, jacuzzi tub, sep shower & double sinks. Vaulted ceiling & small balcony overlook the backyard. Upstairs laundry is a dream. Finished basement w/bonus room - perfect for e-learning, playtime or workout/office space. Utility room & good storage. Det 2 car garage w/1.5 car add'l space behind, fenced yd, & patio. You can't beat it!

Last Agent to Sell the Property

Kelly Todd

Compass Indiana, LLC License #RB14045315 Listed on: 09/04/2020

Compass Indiana, LLC

Last Buyer's Agent

Kelly Todd

Compass Indiana, LLC License #RB14045315 Listed on: 09/04/2020

Compass Indiana, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,834

Year Built

  • Built in 1926

Lot Details

  • 0.25 Acre Lot
  • Back Yard Fenced

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • English Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Sump Pump
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Satellite Dish

Community Details

  • Light's Bellevue Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490601232059000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,834

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: English/Tudor
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 1926
  • Garage Y N: Yes
  • Lot Size Acres: 0.25
  • Subdivision Name: LIGHT'S BELLEVUE
  • Inspection Warranties: Not Applicable
  • Property Description: Stunning 3BR, 2.5 BA home in Meridian Kessler. Amazing curb appeal & huge backyard. Living room with newly built fireplace w/marble surround. Hardwood floors & historic charm. Formal DR with tons of natural light. Kitchen w/tons of cab space, granite countertops, breakfast bar & stainless steel appl. Kitchen opens to great room with views of the patio & back yard. All bedrooms up. Master suite w/walk-in-closet, jacuzzi tub, sep shower & double sinks. Vaulted ceiling & small balcony overlook the backyard. Upstairs laundry is a dream. Finished basement w/bonus room - perfect for e-learning, playtime or workout/office space. Utility room & good storage. Det 2 car garage w/1.5 car add'l space behind, fenced yd, & patio. You can't beat it!
  • Transaction Type: Sale
  • Accessibility Features YN: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Gas Oven, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Vaulted Ceiling(s), Walk-in Closet(s), Hardwood Floors
  • Living Area: 3318
  • Other Equipment: Satellite Dish Rented, Smoke Detector, Sump Pump
  • Room Count: 9
  • Areas Interior: Foyer Small,Living Room Formal,Laundry Room Upstairs
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2503
  • Main Level Sq Ft: 1355
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Balcony,Closet Walk in,Shower Stall Full,Sinks Double,Tub Whirlpool
  • Total Sq Ft: 3318
  • Kitchen Features: Breakfast Bar,Kitchen Eat In,Kitchen Updated
  • Below Grade Sq Ft: 815
  • Upper Level Sq Ft: 1148
  • Pct Optional Level Finished: 50-75%

Exterior Features

  • Construction Materials: Brick, Wood
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt, Fence Full Rear
  • Foundation Details: Block
  • List Price: 499900
  • Association Maintained Building Exterior: 0
  • Porch: Balcony,Covered Patio

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Parking Other: Garage Door Opener,Workshop

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Gas Connected,High Speed Internet Avail
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490601232059000801
  • Acres: 1/4-1/2 Acre
  • Lot Information: Sidewalks,Street Lights,Tree Mature
  • Lot Number: 98
  • Lot Size: 40x268

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 4834
  • Semi Annual Property Tax Amt: 2417
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Oct 20, 2020
Sold by
Frankel Kelly Krugh and Frankel John Christopher
Bought by
Arens Joseph A and Tanis Arens Clayre
Seller's Agent
Kelly Todd
Compass Indiana, LLC
Buyer's Agent
Kelly Todd
Compass Indiana, LLC
List Price
$515,000
Sold Price
$505,285
Premium/Discount to List
-$9,715
-1.89%
Current Estimated Value
$708,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,807
Avg. Annual Appreciation
5.22%
Original Mortgage
$505,285
Outstanding Balance
$454,731
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$193,687

Purchase Details

Closed on
Aug 8, 2011
Sold by
Brookfield Global Relocation Services Ll
Bought by
Frankel Kelly Krugh and Frankel John Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2011
Sold by
Winfield Matthew R and Winfield Adrienne M
Bought by
Brookfield Global Relocation Services Ll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2010
Sold by
Winfield Matthew R and Winfield Adrienne M
Bought by
Winfield Matthew R and Winfield Adrienne M

Purchase Details

Closed on
Mar 18, 2008
Sold by
Distinctive Home Solutions Llc
Bought by
Winfield Matthew R and Boyd Adrienne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2007
Sold by
Lautenbach Steven F
Bought by
Distinctive Home Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,950
Interest Rate
6.4%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 5, 2007
Sold by
Janak Shelia J and Janak Chad H
Bought by
Lautenbach Stevenh F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,950
Interest Rate
6.4%
Mortgage Type
Construction
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
Arens Joseph A $505,285 Stewart Title
Frankel Kelly Krugh -- None Available
Brookfield Global Relocation Services Ll -- None Available
Winfield Matthew R -- None Available
Winfield Matthew R -- First Title Of Indiana Inc
Distinctive Home Solutions Llc -- None Available
Lautenbach Stevenh F -- None Available
Lautenbach Steven F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arens Joseph A $242,700
Open Arens Joseph A $505,285
Previous Owner Frankel Kelly Krugh $312,000
Previous Owner Winfield Matthew R $350,950
Previous Owner Winfield Matthew R $356,250
Previous Owner Lautenbach Stevenh F $331,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2020 10/20/20 Sold $505,285 +1.1% $152 / Sq Ft
09/17/2020 09/17/20 Pending -- -- --
09/15/2020 09/15/20 Price Changed $499,900 -2.9% $151 / Sq Ft
09/04/2020 09/04/20 For Sale $515,000 -- $155 / 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 $7,292 $599,000 $71,200 $527,800
2023 $7,292 $590,900 $71,200 $519,700
2022 $7,619 $590,900 $71,200 $519,700
2021 $6,897 $568,900 $46,600 $522,300
2020 $4,732 $387,600 $46,600 $341,000
2019 $4,930 $395,600 $46,600 $349,000
2018 $4,162 $330,300 $46,600 $283,700
2017 $3,361 $301,500 $46,600 $254,900
2016 $3,292 $302,600 $46,600 $256,000
2014 $3,175 $288,200 $46,600 $241,600
2013 $2,715 $262,800 $46,600 $216,200
Source: Public Records

Agents Affiliated with this Home

  • Kelly Todd

    Seller's Agent in 2020

    Kelly Todd

    Compass Indiana, LLC

    (317) 258-5253

    16 in this area

    183 Total Sales

    Kelly Todd
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21736960

MIBOR Broker Listing Cooperative®

APN: 49-06-01-232-059.000-801

Indiana Marion County Indianapolis 46220 Broad Ripple

5915 Central Ave, Indianapolis, IN

This home is located at 5915 Central Ave, Indianapolis, IN 46220 since 04 September 2020 and is currently estimated at $708,092, approximately $213 per square foot. This property was built in 1926. 5915 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 No. 721.

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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