See Home Value
$540,000 - $658,000
House - Off Market

5216 Central Avenue

Indianapolis, IN 46220
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3741 Sqft
Sold May 12, 2022
$551,700
Sold Sep 22, 2009
$184,100
$147,250 by Jpmorgan Chase Bank Na
Mortgage Due Aug 01, 2039

About This Property

Back on the market! Move in ready home located in popular Meridian-Kessler ready for a new owner! This historic home greets you with charm as soon as you enter. Brand new luxury vinyl plank flooring, stained glass windows, wood-burning fireplace, French Doors leading into the dining room, brand new carpeting just installed, and beautiful craftsmanship throughout! Many updates in this classic home! Home features 4 beds, 3 baths, large primary suite with attached sitting room, and a newly finished basement ready for entertaining! Fresh paint throughout, granite countertops, upgraded bathrooms, and plenty more! Schedule your tour today!

The manager has listed the unit size as 3741 square feet.
Unit Size
3,741Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$160
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1930

Price History

Date / Event Date Event Price
Jan 31, 2024 No longer available -
No longer available
Nov 16, 2023 Price Decreased $599,900
↓ $15K (2.5%)
Price Decreased
Nov 4, 2023 Price Decreased $615,000
↓ $15K (2.4%)
Price Decreased
Sep 28, 2023 Price Decreased $629,900
↓ $10K (1.6%)
Price Decreased
Sep 17, 2023 Relisted $639,900
Relisted
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 432
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,146
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 640
  • Total Building Area: 3,236
  • Gross Building Area: 3,236
  • Building Area: 3,154
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,154
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: AMBLESIDE
  • Land Acres: 0.187
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: AMBLESIDE ADD L27

Ownership

  • Current Owner : REM INVESTMENTS LLC
  • Previous Owner : EDGLEY SOVEREIGN THOMAS C
  • Owner Before Previous Owner: DEUTSCHE BANK NATIONAL TRUST COMPANY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 30, 2024

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 321800

Geography

  • District: 0008
  • Section: 120
  • Parcel: 49-06-12-226-199.000-801
  • Lot: 27
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8474
  • Longitude: -86.1503

    Address

  • Full Address: 5216 Central Ave
  • Address - House Number: 5216
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C010
  • 4-Digit Zip Code: 3039
  • Zip Code: 46220

Valuation

    Tax

  • Total Area: 4,186
  • Tax Year: 2022
  • Tax Amount: $4,670
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 801

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 596,919
  • High Value: 695,169
  • Low Value: 498,670

    Market Valuation

  • Market Total Value: $369,400
  • Market Land Value: $99,700
  • Market Improvement Value: $269,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $369,400
  • Assessed Land Value: $99,700
  • Assessed Improvements Value: $269,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: May 12, 2022
  • Current Sale Transaction ID: 11887786513
  • Current Sale Price: $551,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 54961
  • Previous Sale Recording Date: Sep 22, 2009
  • Previous Sale Contract Date: Jul 21, 2009
  • Previous Sale Amount: $184,100
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CERTAIN LENDING INC
  • First Mortgage Transaction Date: May 12, 2022
  • First Mortgage Loan Amount: $441,379
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: May 01, 2023

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Sep 22, 2009
  • Previous Mortgage Loan Amount: $147,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2039



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3.5 Baths
3,559 ft²
$211/ft²
$749,900 May 22, 2023
-
-
House
3 Beds
3.5 Baths
2,457 ft²
$262/ft²
$643,900 Aug 31, 2023
-
-
House
3 Beds
2.5 Baths
2,195 ft²
$296/ft²
$649,900 Aug 8, 2023
-
-
House
2 Beds
2 Baths
1,846 ft²
$317/ft²
$584,900 Aug 9, 2023
-
-
Multifamily
Stu
-
-
$525,000 Sep 7, 2023
-
-

About Meridian Kessler


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Frequently Asked Questions

When was property at 5216 Central Avenue built and last sold?
The property at 5216 Central Avenue was built in 1930 and last sold on Jan 1, 1970 for $551,700.
How much is this home worth?
The estimated value of the home located at 5216 Central Avenue is $620,066.
What are some comparable homes to 5216 Central Avenue?
Homes that are comparable to 5216 Central Avenue include a house property at 5422 Guilford Avenue, 5164 North Kenwood Avenue, 619 East 49th Street.

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