NOT LISTED FOR SALE

5954 Timber Lake Way Indianapolis, IN 46237

South Emerson Neighborhood

Estimated Value: $267,488

3 Beds
1.5 Baths
2,185 Sq Ft
$122/Sq Ft Est. Value

Last Sold December 01, 2022

Last sale price $245,000 $112 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,665/month

26 Days on Market

Highlights

  • Skylights
  • 2 Car Attached Garage
  • Combination Kitchen and Dining Room
  • Franklin Central High School Rated A-
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of December 2022

This beautiful house has just been rejuvinated, new roof, new kitchen appliances, new painting, new carpets and floorings, new countertop. New exterior sidings and gutters. Move-in ready.

Last Agent to Sell the Property

Ramsui Thawnger

CrossRoads Link Realty Listed on: 09/02/2022

Last Buyer's Agent

Luz Wright

Fathom Realty

Fathom Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,678

Year Built

  • Built in 1989

Lot Details

  • 10,149 Sq Ft Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • Multi-Level Property
  • Skylights
  • Combination Kitchen and Dining Room
  • Finished Basement

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Community Details

  • Association fees include snow removal
  • Franklin Woods Subdivision
  • Property managed by Kathy Willliamson

Listing and Financial Details

  • Assessor Parcel Number 491503114034000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,678

Year Built

Built in 1989

Lot Details

0

HOA Fees

$8 per month

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: 2185
  • Garage Y N: Yes
  • Lot Size Acres: 0.233
  • Subdivision Name: FRANKLIN WOODS
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: ramsuirealtor@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator
  • Levels: Multi/Split
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Interior Amenities: Skylight(s)
  • Other Equipment: Not Applicable
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 1772
  • Main Level Sq Ft: 1080
  • Basement Half Bathrooms: 1
  • Main Half Bathrooms: 0
  • Below Grade Sq Ft: 413
  • Upper Level Sq Ft: 692
  • Pct Optional Level Finished: 100%

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 255000
  • Association Maintained Building Exterior: 0

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 1
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Management Company Name: Kathy Willliamson
  • Management Company Phone: 317-782-8728

Fee Information

  • Association Fee Includes: Snow Removal

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 491503114034000300
  • Acres: <1/4 Acre
  • Lot Number: 75
  • Lot Size: 10,149

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1678
  • Semi Annual Property Tax Amt: 839
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Franklin Township
  • Schools: Arlington Elementary,Franklin Central High,Mary Adams Elementary,Thompson Crossing Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Nov 30, 2022
Sold by
Blue Mountain Properties Llc
Bought by
Martinez Joe Angel
Seller's Agent
Ramsui Thawnger
CrossRoads Link Realty
Buyer's Agent
Luz Wright
Fathom Realty
List Price
$265,000
Sold Price
$245,000
Premium/Discount to List
-$20,000
-7.55%
Total Days on Market
26
Views
38
Current Estimated Value
$267,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,488
Avg. Annual Appreciation
2.38%
Original Mortgage
$237,650
Outstanding Balance
$231,688
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$29,465

Purchase Details

Closed on
Mar 7, 2022
Sold by
Ambuhl Theodore R
Bought by
Lake Prop 1

Purchase Details

Closed on
Feb 28, 2022
Sold by
Lake Prop 1 Llc
Bought by
Blue Mountain Properties Llc
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
Martinez Joe Angel $245,000 --
Lake Prop 1 -- Mann Kerry W
Blue Mountain Properties Llc $142,000 None Listed On Document
Lake Prop 1 $142,000 Mann Kerry W
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Joe Angel $237,650
Previous Owner Ambuhl Theodore R $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2022 12/01/22 Sold $245,000 -3.9% $112 / Sq Ft
09/29/2022 09/29/22 Pending -- -- --
09/13/2022 09/13/22 Price Changed $255,000 -3.8% $117 / Sq Ft
09/02/2022 09/02/22 For Sale $265,000 -- $121 / 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 $2,387 $262,000 $27,400 $234,600
2023 $2,387 $228,000 $27,400 $200,600
2022 $1,906 $179,900 $27,400 $152,500
2021 $1,779 $167,600 $27,400 $140,200
2020 $1,724 $162,400 $27,400 $135,000
2019 $1,835 $164,700 $23,600 $141,100
2018 $1,550 $138,100 $23,600 $114,500
2017 $1,490 $132,700 $23,600 $109,100
2016 $1,351 $119,600 $23,600 $96,000
2014 $1,217 $116,600 $23,600 $93,000
2013 $1,217 $116,600 $23,600 $93,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Ramsui Thawnger

    CrossRoads Link Realty

    Section Image

  • L

    Buyer's Agent in 2022

    Luz Wright

    Fathom Realty

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21876321

MIBOR Broker Listing Cooperative®

APN: 49-15-03-114-034.000-300

Indiana Marion County Indianapolis 46237 South Emerson

5954 Timber Lake Way, Indianapolis, IN

This home is located at 5954 Timber Lake Way, Indianapolis, IN 46237 since 02 September 2022 and is currently priced at $267,488, approximately $122 per square foot. This property was built in 1989. 5954 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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