NOT LISTED FOR SALE

5040 W Troy Ave Indianapolis, IN 46241

Mars Hill Neighborhood

Estimated Value: $142,000 - $214,000

3 Beds
2 Baths
910 Sq Ft
$202/Sq Ft Est. Value

Last Sold November 08, 2021

Last sale price $163,000 $179 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,298/month

Highlights

  • Ranch Style House
  • Cathedral Ceiling
  • 2 Car Attached Garage
  • Ben Davis University High School Rated A
  • No HOA
  • Walk-In Closet

About This Home

As of November 2023

Looking for your dream home? Through our seamless leasing process, this beautifully designed home is move-in ready. Our spacious layout is perfect for comfortable living that you can enjoy with your pets too; we're proud to be pet friendly. Our homes are built using high-quality, eco-friendly materials with neutral paint colors, updated fixtures, and energy-efficient appliances. Enjoy the backyard and community to unwind after a long day, or simply greet neighbors, enjoy the fresh air, and gather for fun-filled activities. Ready to make your next move your best move? We'll never ask you to wire money or request funds through a payment app via mobile. The fixtures and finishes of this property may differ slightly from what is pictured.

Last Agent to Rent the Property

Teresa Lents

Dropped Members Brokerage Email: tlents@msrenewal.com License #RB14050073 Listed on: 09/25/2023

Last Renter's Agent

Teresa Lents

Dropped Members Brokerage Email: tlents@msrenewal.com License #RB14050073 Listed on: 09/25/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 2,214

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 910 Sq Ft Home
  • Cathedral Ceiling
  • Family or Dining Combination
  • Attic Access Panel

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

  • Decatur Central High School

Additional Features

  • 2,214 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Property managed by Mainstreet Renewal

Listing and Financial Details

  • Security Deposit $1,595
  • Property Available on 9/25/23
  • Tenant pays for all utilities
  • The owner pays for not applic
  • 12-Month Minimum Lease Term
  • $50 Application Fee
  • Tax Lot 8
  • Assessor Parcel Number 491130115009000200

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2023-09-25
  • Lease Amount: 1545
  • Lease Term: 12 Months
  • Tenant Pays: All Utilities, Other
  • Min Lease Req: 12
  • Pet Deposit: 250
  • Security Deposit: 1595
  • Smoking: No
  • Application Fee: 50
  • Pet Deposit Refundable Y N: No
  • Pet Rental Amount: 35
  • Security Deposit Refundable Y N: Yes

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1997
  • Building Area Total: 910
  • Garage Y N: Yes
  • Lot Size Acres: 0.05
  • Subdivision Name: No Subdivision
  • Transaction Type: Lease
  • Website: www.msrenewal.com
  • Accessibility Features YN: No
  • MBR_AttributionContact: tlents@msrenewal.com
  • Attribution Contact: tlents@msrenewal.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Furnished: Unfurnished
  • Interior Amenities: Attic Access, Cathedral Ceiling(s), Walk-in Closet(s)
  • Living Area: 910
  • Main Level Bedrooms: 3
  • Owner Pays: Not Applic
  • Eating Area: Dining Combo/Family Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 910
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Slab
  • List Price: 1545

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Electric
  • Water Source: Community Water
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No
  • Pets Allowed: W/Approval
  • Property Management Company: Mainstreet Renewal
  • Property Management Company Contact: Teresa Lents
  • Property Management Company Email: indianapolisleasing@msrenewal.com
  • Property Management Company Phone: 321-684-6322

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 2214
  • Parcel Number: 491130115009000200
  • Acres: <1/4 Acre
  • Price Acre: 30900

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1068
  • Tax Lot: 8
  • Semi Annual Property Tax Amt: 534
  • Tax Exemption: Mortgage Tax Exemption

MLS Schools

  • High School: Decatur Central High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2022
Sold by
Vm Master Issuer Llc
Bought by
Amnl Asset Company 3 Llc
Current Estimated Value
$183,517

Purchase Details

Closed on
Apr 6, 2022
Sold by
Vm Pronto Llc
Bought by
Vm Master Issuer Llc

Purchase Details

Listed on
Oct 8, 2021
Closed on
Nov 8, 2021
Sold by
Prime Home Service Llc
Bought by
Vm Pronto Llc
Seller's Agent
Paige Tam
Prime Real Estates LLC
Buyer's Agent
Spencer Lindahl
Main Street Renewal, LLC
List Price
$165,000
Sold Price
$163,000
Premium/Discount to List
-$2,000
-1.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.01%

Purchase Details

Listed on
Oct 8, 2021
Closed on
Sep 22, 2021
Sold by
Grise Home & Property Group Llc
Bought by
Prime Home Service Llc
Seller's Agent
Paige Tam
Prime Real Estates LLC
Buyer's Agent
Spencer Lindahl
Main Street Renewal, LLC
List Price
$165,000
Sold Price
$163,000
Premium/Discount to List
-$2,000
-1.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2021
Sold by
Heubel David and Heubel Brenda K
Bought by
Grise Home & Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Amnl Asset Company 3 Llc $284,515 Bchh Inc
Vm Master Issuer Llc -- None Listed On Document
Vm Pronto Llc $163,000 None Available
Prime Home Service Llc $113,000 None Available
Grise Home & Property Group Llc $79,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Amnl Asset Company 3 Llc $0
Previous Owner Grise Home & Property Group Llc $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2023 11/09/23 Rented $1,545 0.0% --
10/04/2023 10/04/23 Price Changed $1,545 -3.1% $2 / Sq Ft
09/25/2023 09/25/23 For Rent $1,595 0.0% --
11/08/2021 11/08/21 Sold $163,000 -1.2% $179 / Sq Ft
10/09/2021 10/09/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $165,000 -- $181 / 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 $3,834 $157,900 $14,100 $143,800
2023 $3,834 $159,400 $14,100 $145,300
2022 $3,701 $152,300 $14,100 $138,200
2021 $1,377 $104,200 $14,100 $90,100
2020 $1,067 $88,700 $14,100 $74,600
2019 $1,156 $94,800 $14,100 $80,700
2018 $950 $83,400 $14,100 $69,300
2017 $854 $79,500 $14,100 $65,400
2016 $786 $79,700 $14,100 $65,600
2014 $682 $79,300 $14,100 $65,200
2013 $793 $79,300 $14,100 $65,200
Source: Public Records

Agents Affiliated with this Home

  • T

    Landlord's Agent in 2023

    Teresa Lents

    Dropped Members

    Section Image

  • P

    Seller's Agent in 2021

    Paige Tam

    Prime Real Estates LLC

    (317) 292-0510

    2 in this area

    51 Total Sales

    Paige Tam
    Section Image

  • S

    Buyer's Agent in 2021

    Spencer Lindahl

    Main Street Renewal, LLC

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21945315

MIBOR Broker Listing Cooperative®

APN: 49-11-30-115-002.000-900

Indiana Marion County Indianapolis 46241 Mars Hill

5040 W Troy Ave, Indianapolis, IN

This home is located at 5040 W Troy Ave, Indianapolis, IN 46241 since 25 September 2023 and is currently priced at $183,517. This property was built in 1997. 5040 W Troy Ave is a home located in Marion County with nearby schools including Stout Field Elementary School, Lynhurst 7th & 8th Grade Center, and Ben Davis University High School.

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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