Check Availability
$167,000 - $203,000
House - In Contract

5224 Palisade Court

Indianapolis, IN 46237
bedrooms
3 Beds
bathrooms
1 Bath
square feet
984 Sqft
Sold Jun 03, 2020
$125,000
$121,250 by Finance Of America Mortgage
Mortgage
Sold Jul 30, 2015
$71,000
$56,800 by Fifth Third Mortgage Co
Mortgage Due Aug 01, 2035

About This Property

This charming ranch home nestled in a serene cul-de-sac in Franklin Township offers tranquil living with a great backyard pond view. Boasting 3 bedrooms and a sharded bath, it provides ample space for comfortable living. Home features a spacious living room with vaulted ceilings, eat-in kitchen with stainless steel appliances and plenty of counter space. The following updates were made in 2023: New gutters w/ leaf guard, Water heater, Garbage disposal. Bathroom was updated in 2021.  The washer & dryer are negotiable but the refrigerator in the garage & Ring security system are excluded. No HOA! Conveniently located within minutes to Thompson Park, shopping, and the interstate!

The manager has listed the unit size as 984 square feet.
Unit Size
984Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$188
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1982
Listed By
Barbara Whiteside
Barbara Whiteside
Keller Williams Indy Metro NE

Price History

Date / Event Date Event Price
Mar 17, 2024 In contract -
In contract
Mar 8, 2024 Listed $185,000
Listed
Oct 6, 2021 No longer available -
No longer available
Jun 3, 2020 Sold to Emily Floyd $151,600
Sold to Emily Floyd
May 3, 2020 In contract -
In contract
Show More

Property Highlights

Air Conditioning
Exterior Details

Exterior Information

Vinyl Siding

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 264
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 14,700
  • Total Building Area: 1,248
  • Gross Building Area: 1,248
  • Building Area: 984
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 984
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ARLINGTON ACRES NORTH PHASE 4 SEC 1
  • Land Acres: 0.338
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: ARLINGTON ACRES NORTH PHASE 4 SEC 1 L 215

Ownership

  • Current Owner : FLOYD EMILY
  • Previous Owner : KURTZ DAN A
  • Previous Owner 2: KURTZ LISA K
  • Owner Before Previous Owner: DONOVAN THOMAS P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Township Community School Corporation
  • Census Tract: 390411

Geography

  • Assessors Map Reference: 2448-A7
  • District: 0003
  • Section: 3014004
  • Subdivision Phase Number: 4
  • Parcel: 49-15-03-133-008.000-300
  • Lot: 215
  • Municipality: FRANKLIN TOWNSHIP
  • Latitude: 39.6905
  • Longitude: -86.0792

    Address

  • Full Address: 5224 Palisade Ct
  • Address - House Number: 5224
  • Address - Street Name: Palisade
  • Address - Suffix Type: Ct
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C018
  • 4-Digit Zip Code: 2001
  • Zip Code: 46237

Valuation

    Tax

  • Total Area: 984
  • Tax Year: 2022
  • Tax Amount: $1,363
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.2471
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 213,737
  • High Value: 266,571
  • Low Value: 160,903

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $121,250
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 03, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $121,250
  • 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: $138,400
  • Market Land Value: $27,800
  • Market Improvement Value: $110,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $138,400
  • Assessed Land Value: $27,800
  • Assessed Improvements Value: $110,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 29, 2020
  • Current Sale Recording Date: Jun 03, 2020
  • Current Sale Transaction ID: 11767732137
  • Current Sale Price: $125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000055711
  • Previous Sale Recording Date: Jul 30, 2015
  • Previous Sale Contract Date: Jul 24, 2015
  • Previous Sale Amount: $71,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE
  • First Mortgage Transaction Date: Jun 03, 2020
  • First Mortgage Loan Amount: $121,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • Previous Mortgage Transaction Date: Jul 30, 2015
  • Previous Mortgage Loan Amount: $56,800
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2035

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
2 Baths
1,174 ft²
$145/ft²
$169,900 Feb 23, 2024
-
$273/mo
House
4 Beds
1.5 Baths
1,836 ft²
$112/ft²
$205,000 Dec 9, 2023
-
-
Condo
2 Beds
2 Baths
1,878 ft²
$85/ft²
$159,900 Feb 2, 2024
-
$273/mo

About I65-South Emerson


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Nearby Rentals

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Frequently Asked Questions

When was property at 5224 Palisade Court built and last sold?
The property at 5224 Palisade Court was built in 1982 and last sold on May 29, 2020 for $125,000.
How much is this home worth?
The estimated value of the home located at 5224 Palisade Court is $182,523.
What are some comparable homes to 5224 Palisade Court?
Homes that are comparable to 5224 Palisade Court include a condo property at 5758 Overcrest Drive, a house property at 4921 Candy Spots Drive, a condo property at 5659 Bradston Way.

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