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5517 Chisolm Trail

5517 Chisolm Trail, Indianapolis, IN 46237
Sold Jul 12, 2006
$67,700
Sold Jan 23, 2006
$75,601
Local assessors in Indianapolis, IN have categorized 5517 Chisolm Trail as a residential type of property. The home was built in 1980 and is 44 years old. The property's lot size has been calculated to be 11,220 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5517 Chisolm Trail has a total of 946 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 264 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a roof that is made of asphalt. Residents rely on no air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in May 30, 2006 for $67,700. That's $55.95 per sqft. Prior to that sales transaction, the property was also sold in Dec 31, 2005 for $75,601. 5517 Chisolm Trail was last assessed in 2023. The total value of the property was assessed at $113,500. Specifically, the land the property is located on was valued at $30,900. While improvements on the property were assessed at a total of $82,600. 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 $1,200. The initial tax year of delinquency was in 2022. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • 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: 11,220
  • Total Building Area: 1,210
  • Gross Building Area: 1,210
  • Building Area: 946
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 946
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SOUTHERN VIEW PHASE 2 SEC 3
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SOUTHERN VIEW PHASE 2 SEC 3 L 124

Ownership

  • Current Owner : RIVAS LILIA
  • Previous Owner : HOUSEHOLD FINANCE CORP III
  • Owner Before Previous Owner: SCOTT JANET S
  • Owner Before Previous Owner 2: SCOTT JANE S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: 2448-B7
  • District: 0003
  • Section: 3014004
  • Subdivision Phase Number: 2
  • Parcel: 49-15-03-112-064.000-300
  • Lot: 124
  • Municipality: FRANKLIN TOWNSHIP
  • Latitude: 39.6873
  • Longitude: -86.0738

    Address

  • Full Address: 5517 Chisolm Trl
  • Address - House Number: 5517
  • Address - Street Name: Chisolm
  • Address - Suffix Type: Trl
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C058
  • 4-Digit Zip Code: 2045
  • Zip Code: 46237

Valuation

    Tax

  • Total Area: 946
  • Tax Year: 2022
  • Tax Amount: $1,200
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 185,599
  • High Value: 227,310
  • Low Value: 143,888

    Market Valuation

  • Market Total Value: $113,500
  • Market Land Value: $30,900
  • Market Improvement Value: $82,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $113,500
  • Assessed Land Value: $30,900
  • Assessed Improvements Value: $82,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 30, 2006
  • Current Sale Recording Date: Jul 12, 2006
  • Current Sale Transaction ID: 1101950814
  • Current Sale Price: $67,700
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2006-0103044
  • Previous Sale Recording Date: Jan 23, 2006
  • Previous Sale Contract Date: Dec 31, 2005
  • Previous Sale Amount: $75,601
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANCO POPULAR NORTH AMERICA
  • First Mortgage Transaction Date: Jul 12, 2006
  • First Mortgage Loan Amount: $54,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2036

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Frequently Asked Questions

What neighborhood is 5517 Chisolm Trail located in?
The 5517 Chisolm Trail is a located in the neighborhood of I65-South Emerson in I65-South Emerson, Indianapolis.
What is the average sales price for listings in 5517 Chisolm Trail?
The average sales price for units in 5517 Chisolm Trail is $0 currently.

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