Check Availability

5611 Olive Branch Way

5611 Olive Branch Way, Indianapolis, IN 46237
House in Galludet
Sold Oct 12, 2023
$237,000
Sold May 27, 2016
Transfer
5611 Olive Branch Way in Indianapolis, IN was first built in 2001 and is 23 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 5611 Olive Branch Way has 2,035 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 9,715 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 380 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5611 Olive Branch Way sold most recently in Oct 5, 2023 for a total of $237,000. If you work out the math, that's approximately a cost of $98.14 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,044 in taxes each year. 5611 Olive Branch Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $197,900. If we break it down further, the land itself was valued at $28,700. Improvements to the property, however, were assessed at a total of $169,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • 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: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 380
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,715
  • Total Building Area: 2,415
  • Gross Building Area: 2,415
  • Building Area: 2,035
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,035
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WOODLAND TRACE SEC 3
  • Land Acres: 0.223
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: WOODLAND TRACE SEC 3 L 111

Ownership

  • Current Owner : JOBIN 22 LLC
  • Previous Owner : MORE PROPERTY INC
  • Owner Before Previous Owner: SECRETARY OF HOUSING & URBAN DEVELOPMENT
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Franklin Township Community School Corporation
  • Census Tract: 390408

Geography

  • Assessors Map Reference: 2557-D1
  • District: 0003
  • Section: 2014004
  • Parcel: 49-15-02-120-020.000-300
  • Lot: 111
  • Municipality: FRANKLIN TOWNSHIP
  • Latitude: 39.6868
  • Longitude: -86.0496

    Address

  • Full Address: 5611 Olive Branch Way
  • Address - House Number: 5611
  • Address - Street Name: Olive Branch
  • Address - Suffix Type: Way
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: R085
  • 4-Digit Zip Code: 3193
  • Zip Code: 46237

Valuation

    Tax

  • Total Area: 2,035
  • Tax Year: 2022
  • Tax Amount: $4,044
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.2292
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 263,536
  • High Value: 323,963
  • Low Value: 203,109

    Market Valuation

  • Market Total Value: $197,900
  • Market Land Value: $28,700
  • Market Improvement Value: $169,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $197,900
  • Assessed Land Value: $28,700
  • Assessed Improvements Value: $169,200

    Sales

  • Current Sale Contract Date: Oct 05, 2023
  • Current Sale Recording Date: Oct 12, 2023
  • Current Sale Transaction ID: 11914583063
  • Current Sale Price: $237,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 85236
  • Previous Sale Recording Date: May 27, 2016
  • Previous Sale Contract Date: Apr 28, 2016
  • Previous Sale Document Type: Special Warranty Deed

About Galludet



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 8741 Tributary Drive, Indianapolis, IN, 46259

$2,800 /mo

  • 5 Beds
  • 3 Baths
  • 3,179 ft²
8741 Tributary Drive, Indianapolis, IN, 46259 Listing by Rajwinder Kaur

Frequently Asked Questions

What neighborhood is 5611 Olive Branch Way located in?
The 5611 Olive Branch Way is a house located in the neighborhood of Galludet in Galludet, Indianapolis.
What is the average sales price for listings in 5611 Olive Branch Way?
The average sales price for units in 5611 Olive Branch Way is $0 currently.

Quantcast