NOT LISTED FOR SALE

5919 Schoolwood Dr Indianapolis, IN 46224

Estimated Value: $251,449 - $271,000

3 Beds
2 Baths
2,320 Sq Ft
$114/Sq Ft Est. Value

Last Sold October 05, 2016

Last sale price $79,719 $34 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $1,928/month

Highlights

  • Mature Trees
  • Deck
  • Wood Flooring
  • Speedway Junior High School Rated A
  • Ranch Style House
  • No HOA

About This Home

As of April 2024

All brick ranch with an attached garage. It features a floor plan with about 2300 square feet of living space including the basement, 3 bedrooms, 2 full bathrooms, beautiful hardwood floors, open kitchen, and a great back yard with HUGE deck.

Last Agent to Rent the Property

Evona Watson

Triple E Realty, LLC Brokerage Email: evona@tripleerealty.com License #RB14038857 Listed on: 02/26/2024

Co-Listed By

Diego Hernandez

Dropped Members Brokerage Email: evona@tripleerealty.com License #RB18000566

Last Renter's Agent

Evona Watson

Triple E Realty, LLC Brokerage Email: evona@tripleerealty.com License #RB14038857 Listed on: 02/26/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 9,017 Sq Ft Lot
  • Rural Setting
  • Mature Trees

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • Thermal Windows
  • Entrance Foyer
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Dual Heating Fuel
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Purifier

Community Details

  • No Home Owners Association
  • Falenders Meadowood Subdivision
  • Property managed by Triple E Property Management

Listing and Financial Details

  • Security Deposit $1,500
  • Property Available on 4/15/24
  • Tenant pays for all utilities
  • The owner pays for no utilities
  • 12-Month Minimum Lease Term
  • $50 Application Fee
  • Tax Lot 28
  • Assessor Parcel Number 490525116053000914

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2024-04-15
  • Lease Amount: 1500
  • Lease Term: 12 Months
  • Tenant Pays: All Utilities
  • Min Lease Req: 12
  • Security Deposit: 1500
  • Application Fee: 50
  • Pet Rental Amount: 25
  • Application Website: https://3epropertymgt.com/Contact_Us.aspx

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1958
  • Building Area Total: 2320
  • Co List Office Phone: 317-210-3637
  • Garage Y N: Yes
  • Lot Size Acres: 0.21
  • Subdivision Name: Falenders Meadowood
  • Transaction Type: Lease
  • Accessibility Features YN: No
  • MBR_AttributionContact: evona@tripleerealty.com
  • Attribution Contact: evona@tripleerealty.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Dishwasher, Electric Oven, Refrigerator, Gas Water Heater, Water Purifier, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1160
  • Interior Amenities: Hardwood Floors, Windows Thermal, Eat-in Kitchen, Entrance Foyer
  • Living Area: 2320
  • Main Level Bedrooms: 3
  • Other Equipment: Smoke Alarm
  • Owner Pays: No Utilities
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1160
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 2

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fence Full Rear
  • Foundation Details: Block
  • List Price: 1500
  • Patio And Porch Features: Deck Main Level

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached
  • Garage Sq Ft: 286

Utilities

  • Utilities: Cable Connected
  • Cooling: Central Electric
  • Heating: Dual, Gas
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No
  • Pets Allowed: W/Approval
  • Property Management Company: Triple E Property Management
  • Property Management Company Contact: Diego
  • Property Management Company Phone: 317-771-2372

Lot Info

  • Lot Features: Sidewalks, Storm Sewer, Rural - Not Subdivision, Mature Trees
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 9017
  • Parcel Number: 490525116053000914
  • Acres: <1/4 Acre
  • Price Acre: 7143

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 4220
  • Tax Lot: 28
  • Semi Annual Property Tax Amt: 2110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2017
Sold by
Pedigo Aaron
Bought by
Arkm Holdings Llc
Current Estimated Value
$263,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Outstanding Balance
$272,981
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
-$20,615

Purchase Details

Listed on
Jul 13, 2016
Closed on
Oct 10, 2016
Sold by
Bank Of New York Mellon T Rust Company and Bank Of New York Trust Co Mpany Na
Bought by
Pedigo Aaron
Seller's Agent
Rachel Sarig
Carmel Estates, LLC
Buyer's Agent
Evona Watson
Triple E Realty, LLC
List Price
$93,300
Sold Price
$79,719
Premium/Discount to List
-$13,581
-14.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.82%
Interest Rate
3.42%

Purchase Details

Closed on
Jun 21, 2016
Sold by
Ingalls James D
Bought by
The Bank Of New York Mellon Trust Compan and The Bank Of New York Trust Company Na

Purchase Details

Closed on
Jun 15, 2006
Sold by
Ingalls James D and Kay Tracey Ann
Bought by
Ingalls James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.59%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Arkm Holdings Llc -- --
Pedigo Aaron -- --
The Bank Of New York Mellon Trust Compan $120,000 None Available
Ingalls James D -- None Available
Ingalls James D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arkm Holdings Llc $325,000
Previous Owner Pedigo Aaron --
Previous Owner Pedigo Aaron $73,800
Previous Owner Pedigo Aaron --
Previous Owner Ingalls James D $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2024 04/27/24 Rented $1,500 0.0% --
04/26/2024 04/26/24 Rented $1,500 0.0% --
03/08/2024 03/08/24 Under Contract -- -- --
02/26/2024 02/26/24 For Rent $1,500 +25.0% --
12/20/2016 12/20/16 Rented $1,200 +4.3% --
11/22/2016 11/22/16 Under Contract -- -- --
11/16/2016 11/16/16 For Rent $1,150 0.0% --
10/05/2016 10/05/16 Sold $79,719 -3.1% $34 / Sq Ft
08/29/2016 08/29/16 Pending -- -- --
08/19/2016 08/19/16 Price Changed $82,300 -6.5% $35 / Sq Ft
08/03/2016 08/03/16 Price Changed $88,000 -5.7% $38 / Sq Ft
07/13/2016 07/13/16 For Sale $93,300 -- $40 / 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 $5,920 $242,100 $16,600 $225,500
2023 $5,920 $234,900 $16,600 $218,300
2022 $5,498 $217,400 $16,600 $200,800
2021 $4,220 $166,800 $16,600 $150,200
2020 $3,654 $146,000 $16,600 $129,400
2019 $3,659 $146,000 $16,600 $129,400
2018 $3,527 $139,800 $16,600 $123,200
2017 $3,493 $139,300 $16,600 $122,700
2016 $3,238 $130,700 $16,600 $114,100
2014 $2,933 $119,400 $16,600 $102,800
2013 $1,226 $113,700 $16,600 $97,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21965708

MIBOR Broker Listing Cooperative®

APN: 49-05-25-116-053.000-914