NOT LISTED FOR SALE

5935 Central Ave Indianapolis, IN 46220

Broad Ripple Neighborhood

Estimated Value: $854,000 - $1,079,608

5 Beds
4 Baths
776 Sq Ft
$1,290/Sq Ft Est. Value

Last Sold December 04, 2014

Last sale price $312,500 $403 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $6,441/month

1 Day on Market

Highlights

  • 0.37 Acre Lot
  • Property is Fully Fenced
  • 4-minute walk to Dan Wakefield Park

About This Home

As of December 2014

Listed and Sold buyer loved the 60x268 lot

Last Agent to Sell the Property

John Creamer

CENTURY 21 Scheetz Listed on: 10/27/2014

CENTURY 21 Scheetz

Last Buyer's Agent

Margie Litz

Litz Real Estate

Litz Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,518

Year Built

  • Built in 1935

Lot Details

  • 0.37 Acre Lot
  • Property is Fully Fenced

Home Design

  • 776 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Laundry

  • Washer and Dryer Hookup

Community Details

  • Washington Bank & Trust Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for lawncare, trash collection
  • Tax Lot 3
  • Assessor Parcel Number 490601145020000801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,518

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2013
  • Year Built: 1935
  • Building Area Total: 776
  • Lot Size Acres: 0.369
  • Structure Type: Duplex
  • Subdivision Name: Washington Bank & Trust
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: jtc.realtor@gmail.com
  • Special Features: None

Interior Features

  • Living Area: 776
  • Owner Pays: Lawncare, Trash Collection
  • Main Level Sq Ft: 776
  • SqFt Total: 1480

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • List Price: 312500

Garage/Parking

  • Unit Parking: Parking Garage

Utilities

  • Utilities: Cable Connected, Water Connected
  • Laundry Features: Connections All
  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Fence Full
  • Additional Parcels: No
  • Lot Size Sq Ft: 60
  • Parcel Number: 490601145020000801

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4518
  • Tax Lot: 3
  • Semi Annual Property Tax Amt: 2259
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2015
Sold by
Litz & Eaton Investments Llc
Bought by
Marks Duane C and Marks Rebecca A
Current Estimated Value
$1,008,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,800
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 27, 2014
Closed on
Dec 4, 2014
Sold by
Barnhorst William P and Hannon Mark M
Bought by
Litz & Eaton Investments Llc
Seller's Agent
John Creamer
CENTURY 21 Scheetz
Buyer's Agent
Margie Litz
Litz Real Estate
List Price
$312,500
Sold Price
$312,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.15%
Original Mortgage
$600,000
Interest Rate
3.99%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Marks Duane C -- Royal Title Services
Litz & Eaton Investments Llc -- Royal Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marks Duane $425,000
Closed Marks Duane C --
Closed Marks Duane C $667,800
Previous Owner Litz & Eaton Investments Llc $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2014 12/04/14 Sold $312,500 0.0% $403 / Sq Ft
10/28/2014 10/28/14 Pending -- -- --
10/27/2014 10/27/14 For Sale $312,500 -- $403 / 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 $10,440 $833,900 $64,200 $769,700
2023 $10,440 $842,000 $64,200 $777,800
2022 $10,386 $842,000 $64,200 $777,800
2021 $7,263 $599,700 $53,100 $546,600
2020 $7,129 $600,000 $53,100 $546,900
2019 $7,361 $605,700 $53,100 $552,600
2018 $6,750 $537,900 $53,100 $484,800
2017 $5,855 $531,500 $53,100 $478,400
2016 $4,434 $526,700 $53,100 $473,600
2014 $4,700 $217,400 $53,100 $164,300
2013 $5,501 $217,400 $53,100 $164,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    John Creamer

    CENTURY 21 Scheetz

    Section Image

  • M

    Buyer's Agent in 2014

    Margie Litz

    Litz Real Estate

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21322420

MIBOR Broker Listing Cooperative®

APN: 49-06-01-145-020.000-801

Indiana Marion County Indianapolis 46220 Broad Ripple

5935 Central Ave, Indianapolis, IN

This home is located at 5935 Central Ave, Indianapolis, IN 46220 since 27 October 2014 and is currently estimated at $1,001,152, approximately $1,290 per square foot. This property was built in 1935. 5935 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 (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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