See Home Value
$805,072*
House - Off Market

555 East 81st Street

Indianapolis, IN 46240
bedrooms
6 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4760 Sqft
$495,000 - $605,000
Reference Base Price*
46.38%
Since Dec 1, 2019
National-US
Primary Model
Sold Mar 11, 2020
$530,000
$442,600 by Indiana Members Credit Union
Mortgage
Sold May 31, 2012
$344,700
$275,742 by Merchants Bank Of Indiana
Mortgage

About This Property

Williams Creek Cape Cod on a beautiful wooded lot! Enter into the casual, elegant vaulted living room w/ fireplace.Large-sized bedrooms, Plenty of Get-Away Spaces. Wonderful sun room, perfect for lounging complete w/ a hot tub! Split upper level has 3 beds including HUGE rec room, balcony & owner's retreat w/ en-suite and massive walk-in closet! Basement w/ full bath & bonus room that could be easily finished. Oversized 3-car attached garage. Gorgeous property w/ brick patio off the family room. Excellent location in a great neighborhood!

The manager has listed the unit size as 4760 square feet.
Unit Size
4,760Ft²
Days on Market
-
Land Size
0.82 acres
Price per sqft
$116
Property Type
House
Property Taxes
$7,804
HOA Dues
-
Year Built
1940

Price History

Date / Event Date Event Price
Nov 3, 2019 No longer available -
No longer available
Aug 25, 2019 Price Decreased $550,000
↓ $30K (5.2%)
Price Decreased
Aug 12, 2019 Price Decreased $580,000
↓ $19K (3.2%)
Price Decreased
May 23, 2019 Price Decreased $599,000
↓ $36K (5.7%)
Price Decreased
May 15, 2019 Price Decreased $634,900
↓ $15K (2.3%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 793
  • Garage Type: Attached
  • Garage Square Area: 1,037
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 35,520
  • Lot Size Depth Feet: 2,220
  • Lot Size Frontage Feet: 1,600
  • Total Building Area: 6,177
  • Gross Building Area: 6,177
  • Building Area: 4,799
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,799
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: WILLIAMS CREEK ESTATES MERIDIAN HILLS
  • Land Acres: 0.815
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: WILLIAMS CREEK ESTATES MERIDIAN HILLS L61 & L62 EX 103.55 W LINE S END

Ownership

  • Current Owner : SHELBOURNE JOHN CLIFFORD
  • Current Owner 2: SHELBOURNE PAIGE
  • Previous Owner : LUCAS PAUL D
  • Previous Owner 2: LUCAS LINDA K
  • Owner Before Previous Owner: SCHAEFER JOHN F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Washington Township Metropolitan School District
  • Census Tract: 320800

Geography

  • Assessors Map Reference: 2010-D5
  • District: 0008
  • Section: 230
  • Parcel: 49-03-23-122-177.000-817
  • Lot: 61
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.904
  • Longitude: -86.1488

    Address

  • Full Address: 555 E 81st St
  • Address - House Number: 555
  • Street Direction: E
  • Address - Street Name: 81st
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C044
  • 4-Digit Zip Code: 2561
  • Zip Code: 46240

Valuation

    Tax

  • Total Area: 5,140
  • Tax Year: 2022
  • Tax Amount: $13,674
  • Tax Rate Code Area: 817

    Appraisal Valuation

  • Standard Deviation: 0.2162
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 70
  • Final Value: 739,772
  • High Value: 899,781
  • Low Value: 579,762

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $442,600
  • First Open Lien Mortgage Lender: INDIANA MEMBERS CREDIT UNION
  • First Open Lien Mortgage Recording Date: Jul 21, 2023
  • First Open Lien Mortgage Loan Amount: $442,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $1,015,500
  • Market Land Value: $148,300
  • Market Improvement Value: $867,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,015,500
  • Assessed Land Value: $148,300
  • Assessed Improvements Value: $867,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 06, 2020
  • Current Sale Recording Date: Mar 11, 2020
  • Current Sale Transaction ID: 11749195913
  • Current Sale Price: $530,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000026435
  • Previous Sale Recording Date: May 31, 2012
  • Previous Sale Contract Date: May 16, 2012
  • Previous Sale Amount: $344,700
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: MERCHANTS BANK OF INDIANA
  • Previous Mortgage Transaction Date: May 31, 2012
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $275,742
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Credit Line (Revolving)



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Wiliams Creek


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Frequently Asked Questions

When was property at 555 East 81st Street built and last sold?
The property at 555 East 81st Street was built in 1940 and last sold on Mar 6, 2020 for $530,000.
How much is this home worth?
The estimated value of the home located at 555 East 81st Street is $555,500.
What are some comparable homes to 555 East 81st Street?
There are currently no comparable homes to 555 East 81st Street.

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