NOT LISTED FOR SALE

5945 Timber Lake Way Indianapolis, IN 46237

South Emerson Neighborhood

Estimated Value: $263,800 - $308,000

4 Beds
3 Baths
1,938 Sq Ft
$147/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $257,100 $133 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,690/month

2 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Outdoor Storage
  • Franklin Central High School Rated A-
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of April 2022

You'll instantly notice the pride in ownership once stepping in this well- maintained home. This is a one owner home. 4 bedrooms, 3 full bathrooms, with 2 master bedrooms, a large living room, family room, kitchen and more! Both master bedrooms are en suites. Foyer and front living rooms feature lovely bamboo flooring. Enjoy the outside living space on a large back deck overlooking looking a yard full of gorgeous perennials. Also equipped with an oversized shed, Brand new AC, and all appliances stay. Home warranty included until November 2022.

Last Agent to Sell the Property

Jessica Rohlman

CENTURY 21 Scheetz Listed on: 03/17/2022

CENTURY 21 Scheetz

Last Buyer's Agent

Shannon Garner

F.C. Tucker Company

F.C. Tucker Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,524

Year Built

  • Built in 1989

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Wood Foundation
  • Vinyl Construction Material

Interior Spaces

  • Multi-Level Property
  • Vinyl Clad Windows
  • Combination Kitchen and Dining Room
  • Attic Access Panel
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outdoor Storage
  • Playground

Utilities

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

Community Details

  • Franklin Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491503114028000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,524

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Multi-Level
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1989
  • Building Area Total: 1938
  • Garage Y N: Yes
  • Lot Size Acres: 0.17
  • Subdivision Name: FRANKLIN WOODS
  • Inspection Warranties: Warranty Homebuyers
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Accessibility Features YN: 0
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Finished Ceiling, Finished, Finished Walls
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer
  • Levels: Multi/Split
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Attic Access, Hardwood Floors, Windows Vinyl
  • Other Equipment: Smoke Detector, Water-Softener Owned
  • Areas Interior: Foyer Small,Laundry in Basement,Utility Room
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1146
  • Main Level Sq Ft: 546
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: TubFull with Shower
  • Kitchen Features: Kitchen Some Updates,Pantry
  • Below Grade Sq Ft: 792
  • Upper Level Sq Ft: 600
  • Pct Optional Level Finished: 0-25%

Exterior Features

  • Construction Materials: Brick, Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete, Playground, Storage
  • Foundation Details: Wood, Wood
  • List Price: 255000
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached
  • Garage Parking Other: Garage Door Opener
  • Garage Sq Ft: 396

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Utility Options: Cable Available,Gas Connected
  • Water Heater: Gas

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491503114028000300
  • Acres: <1/4 Acre
  • Lot Information: Street Lights,Tree Mature
  • Lot Number: 43
  • Lot Size: 7536

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1524
  • Semi Annual Property Tax Amt: 762
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Franklin Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
Apr 22, 2022
Sold by
Ernstberger Ronald M and Ernstberger Trudi R
Bought by
Reeves Michael A and Reeves Frances L
Seller's Agent
Jessica Rohlman
CENTURY 21 Scheetz
Buyer's Agent
Shannon Garner
F.C. Tucker Company
List Price
$255,000
Sold Price
$257,100
Premium/Discount to List
$2,100
0.82%
Current Estimated Value
$284,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,100
Avg. Annual Appreciation
1.99%
Original Mortgage
$252,442
Outstanding Balance
$239,867
Interest Rate
4.42%
Mortgage Type
FHA
Estimated Equity
$35,301
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
Reeves Michael A $257,100 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reeves Michael A $252,442
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2022 04/22/22 Sold $257,100 +0.8% $133 / Sq Ft
03/20/2022 03/20/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $255,000 -- $132 / 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 $2,202 $243,100 $21,900 $221,200
2023 $2,202 $211,300 $21,900 $189,400
2022 $1,788 $170,000 $21,900 $148,100
2021 $1,662 $157,600 $21,900 $135,700
2020 $1,608 $152,400 $21,900 $130,500
2019 $1,613 $153,000 $18,900 $134,100
2018 $1,358 $127,700 $18,900 $108,800
2017 $1,303 $122,400 $18,900 $103,500
2016 $1,175 $109,800 $18,900 $90,900
2014 $1,092 $108,200 $18,900 $89,300
2013 $1,092 $108,200 $18,900 $89,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jessica Rohlman

    CENTURY 21 Scheetz

    Section Image

  • S

    Buyer's Agent in 2022

    Shannon Garner

    F.C. Tucker Company

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21843679

MIBOR Broker Listing Cooperative®

APN: 49-15-03-114-028.000-300

Indiana Marion County Indianapolis 46237 South Emerson

5945 Timber Lake Way, Indianapolis, IN

This home is located at 5945 Timber Lake Way, Indianapolis, IN 46237 since 17 March 2022 and is currently estimated at $284,200, approximately $146 per square foot. This property was built in 1989. 5945 Timber Lake Way is a home located in Marion County with nearby schools including Franklin Central High School, Gray Road Christian School, and Indianapolis Southside Christian Academy.

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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