NOT LISTED FOR SALE

5948 Timber Lake Way Indianapolis, IN 46237

South Emerson Neighborhood

Estimated Value: $223,324 - $237,000

3 Beds
2 Baths
1,340 Sq Ft
$173/Sq Ft Est. Value

Last Sold August 01, 2016

Last sale price $125,000 $93 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,356/month

55 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Garage
  • Franklin Central High School Rated A-

About This Home

As of August 2016

This 3 bedroom home with 2 full baths has been freshly painted, new carpet and flooring throughout. Master Bedroom has his/hers closets. Kitchen and bathrooms have been updated also. New roof 5/2016 Nothing left to do but move right in. Close to interstate, shopping and eatery.

Last Agent to Sell the Property

Hilda Ellis

Berkshire Hathaway Home License #RB14038935 Listed on: 04/21/2016

Berkshire Hathaway Home

Last Buyer's Agent

Diana Weber

Highgarden Real Estate

Highgarden Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,010

Year Built

  • Built in 1989

Lot Details

  • 8,233

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Interior Spaces

  • 1,340 Sq Ft Home
  • Crawl Space
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Driveway

Additional Features

  • 8,233 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Franklin Woods Subdivision
  • Property managed by Franklin Woods

Listing and Financial Details

  • Assessor Parcel Number 491503114033000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,010

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2014
  • Year Built: 1989
  • Garage Y N: Yes
  • Lot Size Acres: 0.189
  • Subdivision Name: FRANKLIN WOODS
  • Inspection Warranties: General
  • Property Description: This 3 bedroom home with 2 full baths has been freshly painted, new carpet and flooring throughout. Master Bedroom has his/hers closets. Kitchen and bathrooms have been updated also. New roof 5/2016 Nothing left to do but move right in. Close to interstate, shopping and eatery.
  • Transaction Type: Sale
  • Website: http://5948timberlake.epropertysites.com/
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, MicroHood, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Interior Amenities: Attic Pull Down Stairs
  • Living Area: 1340
  • Other Equipment: Smoke Detector
  • Room Count: 6
  • Areas Interior: Foyer Small,Laundry Room Main Level
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1340
  • Main Level Sq Ft: 1340
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: TubFull with Shower,Patio,Porch
  • Total Sq Ft: 1340
  • Below Grade Sq Ft: 0
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Crawl Space
  • List Price: 125000
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 2 Car Attached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Management Company Name: Franklin Woods

Fee Information

  • Association Fee Includes: Entrance Common
  • Mandatory Fee: 0

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491503114033000300
  • Acres: <1/4 Acre
  • Lot Information: Sidewalks,Street Lights
  • Lot Number: 74
  • Lot Size: 8,233

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2010
  • Semi Annual Property Tax Amt: 1005
  • Tax Exemption: None

MLS Schools

  • School District: Franklin Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2021
Sold by
Young Margaret
Bought by
Young Margaret
Current Estimated Value
$231,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Outstanding Balance
$104,804
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$125,521

Purchase Details

Listed on
Apr 21, 2016
Closed on
Aug 1, 2016
Sold by
Hayes Laura J and Cordell James E
Bought by
Groth Margaret
Seller's Agent
Hilda Ellis
Berkshire Hathaway Home
Buyer's Agent
Diana Weber
Highgarden Real Estate
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Original Mortgage
$118,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2007
Sold by
Boschen Jacob L
Bought by
Cordell James E
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
Young Margaret -- None Available
Groth Margaret -- None Available
Cordell James E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Margaret $115,000
Closed Groth Margaret $118,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2016 08/01/16 Sold $125,000 0.0% $93 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
06/01/2016 06/01/16 Price Changed $125,000 0.0% $93 / Sq Ft
06/01/2016 06/01/16 For Sale $125,000 0.0% $93 / Sq Ft
05/02/2016 05/02/16 Off Market $125,000 -- --
04/20/2016 04/20/16 For Sale $115,000 -- $86 / 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 $1,527 $172,100 $11,900 $160,200
2023 $1,527 $147,500 $11,900 $135,600
2022 $1,561 $147,500 $11,900 $135,600
2021 $1,446 $136,200 $11,900 $124,300
2020 $1,427 $134,500 $11,900 $122,600
2019 $1,441 $136,000 $10,300 $125,700
2018 $1,214 $113,500 $10,300 $103,200
2017 $1,173 $109,600 $10,300 $99,300
2016 $910 $89,200 $10,300 $78,900
2014 $2,010 $100,500 $10,300 $90,200
2013 $2,010 $100,500 $10,300 $90,200
Source: Public Records

Agents Affiliated with this Home

  • Hilda Ellis

    Seller's Agent in 2016

    Hilda Ellis

    Berkshire Hathaway Home

    (317) 443-8806

    7 in this area

    183 Total Sales

    Hilda Ellis
    Section Image

  • D

    Buyer's Agent in 2016

    Diana Weber

    Highgarden Real Estate

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21412806

MIBOR Broker Listing Cooperative®

APN: 49-15-03-114-033.000-300

Indiana Marion County Indianapolis 46237 South Emerson

5948 Timber Lake Way, Indianapolis, IN

This home is located at 5948 Timber Lake Way, Indianapolis, IN 46237 since 21 April 2016 and is currently estimated at $231,831, approximately $173 per square foot. This property was built in 1989. 5948 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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