NOT LISTED FOR SALE

5920 Indianola Ave Indianapolis, IN 46220

Broad Ripple Neighborhood

Estimated Value: $309,645 - $367,000

2 Beds
2 Baths
2,184 Sq Ft
$153/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $239,000 $109 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,049/month

33 Days on Market

Highlights

  • Cape Cod Architecture
  • Formal Dining Room
  • 1-Story Property
  • Wood Flooring
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2020

Situated in prime South Broad Ripple, this great home has an easy flowing layout, lots of space and very bright rooms. With 2 bed, 2 baths, basement space, 1 car detached garage, hardwoods throughout living areas and bedrooms, covered screened in porch and deck out back, this house is perfect for entertaining inside and out. It is a fantastic opportunity to put a stamp on your own place in Broad Ripple

Last Agent to Sell the Property

Hannah Wipper

The Real Estate Alternative License #RB18000461 Listed on: 06/21/2020

Last Buyer's Agent

Scott Lacy

Asset One Real Estate Company License #RB14014110

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,052

Year Built

  • Built in 1941

Lot Details

  • 5,031 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,184 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 2 Bedrooms

Basement

  • Partial Basement
  • Laundry in Basement

Utilities

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

Community Details

  • Northcliffe Subdivision

Listing and Financial Details

  • Assessor Parcel Number 490706125426000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,052

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: CapeCod
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2019
  • Year Built: 1941
  • Garage Y N: Yes
  • Lot Size Acres: 0.1155
  • Subdivision Name: NORTHCLIFFE
  • Inspection Warranties: LeadBasePaint,Warranty Homebuyers
  • Property Description: Situated in prime South Broad Ripple, this great home has an easy flowing layout, lots of space and very bright rooms. With 2 bed, 2 baths, basement space, 1 car detached garage, hardwoods throughout living areas and bedrooms, covered screened in porch and deck out back, this house is perfect for entertaining inside and out. It is a fantastic opportunity to put a stamp on your own place in Broad Ripple
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Accessibility Features YN: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Partial
  • Appliances: Dishwasher,Dryer,Gas Oven,Refrigerator,Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • Living Area: 2184
  • Other Equipment: Smoke Detector
  • Room Count: 6
  • Areas Interior: Laundry in Basement
  • Eating Area: Separate Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1092
  • Main Level Sq Ft: 1092
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2184
  • Below Grade Sq Ft: 1092
  • Pct Optional Level Finished: 25-50%

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Asphalt,Fence Partial
  • Foundation Details: Block
  • List Price: 239900
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Screened in Porch

Garage/Parking

  • Garage Spaces: 1
  • Fuel: Gas
  • Garage Parking Description: Detached
  • Garage Sq Ft: 216

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490706125426000801
  • Acres: <1/4 Acre
  • Lot Number: 643
  • Lot Size: 5,031

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 4052
  • Semi Annual Property Tax Amt: 2026
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Indianapolis Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2020
Closed on
Aug 28, 2020
Sold by
Maple Leaf Management Llc
Bought by
Binkerd Meghan R
Seller's Agent
Hannah Wipper
The Real Estate Alternative
Buyer's Agent
Scott Lacy
Asset One Real Estate Company
List Price
$249,900
Sold Price
$239,000
Premium/Discount to List
-$10,900
-4.36%
Current Estimated Value
$333,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,661
Avg. Annual Appreciation
6.79%
Original Mortgage
$234,671
Outstanding Balance
$210,605
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$119,141

Purchase Details

Closed on
Jan 8, 2019
Sold by
Cannon Philip R
Bought by
Maple Leaf Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
4.6%
Mortgage Type
Commercial
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
Binkerd Meghan R $239,000 First American Title Insurance
Maple Leaf Management Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Binkerd Meghan R $234,671
Previous Owner Maple Leaf Management Llc $143,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $239,000 -0.4% $109 / Sq Ft
07/25/2020 07/25/20 Pending -- -- --
07/03/2020 07/03/20 Price Changed $239,900 -4.0% $110 / Sq Ft
06/21/2020 06/21/20 For Sale $249,900 -- $114 / 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 $2,416 $197,600 $27,000 $170,600
2023 $2,416 $197,600 $27,000 $170,600
2022 $2,430 $197,600 $27,000 $170,600
2021 $2,170 $180,700 $29,000 $151,700
2020 $2,124 $175,700 $29,000 $146,700
2019 $4,148 $171,600 $29,000 $142,600
2018 $4,044 $165,800 $29,000 $136,800
2017 $3,154 $144,200 $29,000 $115,200
2016 $3,111 $145,400 $29,000 $116,400
2014 $3,144 $145,400 $29,000 $116,400
2013 $3,006 $144,600 $29,000 $115,600
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2020

    Hannah Wipper

    The Real Estate Alternative

    (317) 670-5797

    1 in this area

    15 Total Sales

    Hannah Wipper
    Section Image
  • Scott Lacy

    Buyer's Agent in 2020

    Scott Lacy

    Asset One Real Estate Company

    (317) 777-1805

    9 in this area

    88 Total Sales

    Scott Lacy
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21720267

MIBOR Broker Listing Cooperative®

APN: 49-07-06-125-426.000-801

Indiana Marion County Indianapolis 46220 Broad Ripple

5920 Indianola Ave, Indianapolis, IN

This home is located at 5920 Indianola Ave, Indianapolis, IN 46220 since 21 June 2020 and is currently estimated at $333,661, approximately $152 per square foot. This property was built in 1941. 5920 Indianola 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 (9-12).

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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