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5050 Hickory Road

5050 Hickory Road, Indianapolis, IN 46239
House in Galludet
Sold Jun 14, 2021
$407,300
$325,850 by Federal Savings Bank
Mortgage
Sold Mar 27, 2019
$227,500
$208,333 by Michigan Mutual Inc
Mortgage
5050 Hickory Road has been categorized by the local assessors in Indianapolis, IN as a residential type of property. The building on the property was first built in 1920 and is 104 years old. However, we must point out that the home was most recently renovated and altered in 2020. The home has a total of 10 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5050 Hickory Road has 2,900 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 884 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 96,703 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 616 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from none system. The property was last sold in Jun 3, 2021 for $407,300. That's $107.64 per sqft. Prior to that sales transaction, the property was also sold in Mar 22, 2019 for $227,500. 5050 Hickory Road was last assessed in 2023. The total value of the property was assessed at $318,800. Specifically, the land the property is located on was valued at $39,200. While improvements on the property were assessed at a total of $279,600. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,697. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Aluminum Siding
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 884
  • Garage Type: Detached
  • Garage Square Area: 616
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 96,703
  • Total Building Area: 3,784
  • Gross Building Area: 3,784
  • Building Area: 2,900
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,900
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Land Acres: 2.22
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: PT NW1/4 NE1/4 S5 T14 R5 BEG 519.8FT SE OF INTERC/L ST RD 421 & NL (C/L HICKORY RD) S 150FT W644.3FT N 150FT E 644.3FT TO BEG 2.218AC

Ownership

  • Current Owner : MCLAUGHLIN THOMAS
  • Current Owner 2: MCLAUGHLIN POLINA
  • Previous Owner : SCOTT KYLE J
  • Previous Owner 2: SCOTT KELSEY C
  • Owner Before Previous Owner: RAUCH EDNA L
  • Owner Before Previous Owner 2: DOMNGO EDNA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Township Community School Corporation
  • Census Tract: 390300

Geography

  • Assessors Map Reference: 2449-E6
  • District: 0003
  • Section: 5014005
  • Parcel: 49-16-05-108-002.000-300
  • Meridian: SEC 5 TWN 14 RNG 5
  • Municipality: FRANKLIN TOWNSHIP
  • Latitude: 39.6953
  • Longitude: -85.9957

    Address

  • Full Address: 5050 Hickory Rd
  • Address - House Number: 5050
  • Address - Street Name: Hickory
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C019
  • 4-Digit Zip Code: 1831
  • Zip Code: 46239

Valuation

    Tax

  • Total Area: 3,784
  • Tax Year: 2022
  • Tax Amount: $3,697
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1944
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 74
  • Final Value: 449,726
  • High Value: 537,180
  • Low Value: 362,271

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $325,850
  • First Open Lien Mortgage Lender: FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Jun 14, 2021
  • First Open Lien Mortgage Loan Amount: $325,850
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $318,800
  • Market Land Value: $39,200
  • Market Improvement Value: $279,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $318,800
  • Assessed Land Value: $39,200
  • Assessed Improvements Value: $279,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 03, 2021
  • Current Sale Recording Date: Jun 14, 2021
  • Current Sale Transaction ID: 11840599293
  • Current Sale Price: $407,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100077550
  • Previous Sale Recording Date: Mar 27, 2019
  • Previous Sale Contract Date: Mar 22, 2019
  • Previous Sale Amount: $227,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: Jun 14, 2021
  • First Mortgage Loan Amount: $325,850
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: MICHIGAN MUTUAL INC
  • Previous Mortgage Transaction Date: Mar 27, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $208,333
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Galludet



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Frequently Asked Questions

What neighborhood is 5050 Hickory Road located in?
The 5050 Hickory Road is a house located in the neighborhood of Galludet in Galludet, Indianapolis.
What is the average sales price for listings in 5050 Hickory Road?
The average sales price for units in 5050 Hickory Road is $0 currently.

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