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5218 Nob Lane

5218 Nob Lane, Indianapolis, IN 46226
Condo in Devon
5218 Nob Lane is a condo located in Devon, Indianapolis. The building was first built in 1966 and is 58 years old. In total, 5218 Nob Lane has a total floor area of 2,598 square feet. 5218 Nob Lane has a total of 2 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. On weekends, residents can enjoy the building's patio. There are 1 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 136 days and tend to sell below the original asking price of $129,900 by 9.76%. Meaning, listings tend to sell at a median of $50 price per square foot. The transaction that took the longest to complete was listed on Jul 01, 2019 for $159,900. This particular unit ultimately sold 136 days later for $144,300. The most recent transaction which was first advertised on Jul 01, 2019, sold for $144,300 on Nov 14, 2019. Fun fact, the oldest transaction we have on record took place on Nov 14, 2019. See the full transaction history for 5218 Nob Lane below.

Devon, where 5218 Nob Lane is located, has a median asking price of $255,000 for condo buildings. Meanwhile, the building itself has a median asking price of $129,900. For interested buyers, that means the building's median asking price is around 0.49% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Cedar Siding
Stone Exterior

Parking

Guest Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190701
07/01/2019
2 Bed
3 Bath
2598 ft²
$159,900
bedrooms
2 Bed
bathrooms
3 Bath
square feet
2598 ft²
$144,300 -9.76%
11/14/2019
Carol Bullock

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Stone
  • Building Style: Condo
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 848
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,233
  • Total Building Area: 2,598
  • Gross Building Area: 2,598
  • Building Area: 2,598
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 2,598
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: LADYWOOD ESTATES HPR
  • Land Acres: 0.189
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: LADYWOOD ESTATES HORIZONTAL PROPERTYREGIME 5218 NOB LANE(BLDG 11) & 2.06% INT IN COMMON AREA

Ownership

  • Current Owner : MARTIN KATHERINE
  • Previous Owner : SOUTHGATE DAVID
  • Previous Owner 2: SOUTHGATE CHRISTA J
  • Owner Before Previous Owner: LADYWOOD ESTATES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indianapolis Public Schools
  • Census Tract: 321600

Zoning

  • Zoning: ZO01

Geography

  • Assessors Map Reference: 2121-A6
  • District: 0008
  • Section: 9016004
  • Parcel: 49-07-09-114-016.000-800
  • Lot: 1
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8479
  • Longitude: -86.0861

    Address

  • Full Address: 5218 Nob Ln
  • Address - House Number: 5218
  • Address - Street Name: Nob
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C010
  • 4-Digit Zip Code: 2146
  • Zip Code: 46226

Valuation

    Tax

  • Total Area: 2,598
  • Tax Year: 2022
  • Tax Amount: $2,293
  • Tax Rate Code Area: 800

    Appraisal Valuation

  • Standard Deviation: 0.2216
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 230,749
  • High Value: 281,906
  • Low Value: 179,592

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $115,430
  • First Open Lien Mortgage Lender: WELLS FARGO BANK
  • First Open Lien Mortgage Recording Date: Nov 14, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $115,430
  • 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: $185,000
  • Market Land Value: $16,400
  • Market Improvement Value: $168,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $185,000
  • Assessed Land Value: $16,400
  • Assessed Improvements Value: $168,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 01, 2019
  • Current Sale Recording Date: Nov 14, 2019
  • Current Sale Transaction ID: 11706865201
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A201900112786
  • Previous Sale Recording Date: Sep 06, 2007
  • Previous Sale Contract Date: Aug 10, 2007
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK
  • First Mortgage Transaction Date: Nov 14, 2019
  • First Mortgage Loan Amount: $115,430
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Devon



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Frequently Asked Questions

What neighborhood is 5218 Nob Lane located in?
The 5218 Nob Lane is a condo located in the neighborhood of Devon in Devon, Indianapolis.
What is the average sales price for listings in 5218 Nob Lane?
The average sales price for units in 5218 Nob Lane is $129,900 , or $50/sqft. currently.

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