See Home Value
$385,970*
House - Off Market

581 KING Drive

Indianapolis, IN 46260
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2603 Sqft
$238,000 - $290,000
Reference Base Price*
45.70%
Since Feb 1, 2020
National-US
Primary Model
Sold Jan 09, 2020
$260,000
$251,000 by C & A Financial Program Inc
Mortgage Due Jan 01, 2051
Sold Nov 18, 2009
$125,000
$100,000 by Jpmorgan Chase Bank Na
Mortgage Due Dec 01, 2039

About This Property

HARD TO FIND 5 BR/ UPDATED WASHINGTON TWSP HOME!  YOU WILL FALL IN LOVE WITH THE QUIET/QUAINT COMMUNITY.  THE KITCHEN IS FANTASTIC....COMPLETELY UPDATED INCLUDING NEW CABINETS,GRANITE COUNTER TOPS, STAINLESS APPLIANCES, FLOORING,LIGHTING,GARBAGE DISPOSAL,ETC.  OTHER UPDATES INCLUDE A NEW HVAC SYSTEM( SUMMER 2019), NEW FRENCH DOORS, NEW WOOED FLOORING , NEW CARPETING AND PAINT.  NEW SINKS AND CABINETS IN 2 BATHROOMS.  LARGE .50 ACRE LOT.  SIDE LOAD GARAGE. FULLY FENCED REAR YARD.  MAIN FLOOR BEDROOM COULD BE IN-LAWS QUARTERS AS IT IS NEXT TO A FULL BATH.  FORMAL LR/DR.  LARGE FAMILY ROOM IS OPEN TO KITCHEN AND HAS A BRICK HEARTH FIREPLACE.  ATTRACTIVE CURB APPEAL WITH FRONT PORCH AND REAR PATIO W/FIRE PIT.

The manager has listed the unit size as 2603 square feet.
Unit Size
2,603Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$102
Property Type
House
Property Taxes
$5,676
HOA Dues
-
Year Built
1965

Price History

Date / Event Date Event Price
Jan 5, 2020 No longer available -
No longer available
Dec 5, 2019 Listed $264,900
Listed
Nov 28, 2019 No longer available -
No longer available
Oct 31, 2019 Price Decreased $274,900
↓ $5K (1.8%)
Price Decreased
Sep 22, 2019 Price Decreased $279,900
↓ $10K (3.5%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Brick
  • 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: 483
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 20,386
  • Lot Size Depth Feet: 1,820
  • Lot Size Frontage Feet: 1,120
  • Total Building Area: 3,036
  • Gross Building Area: 3,036
  • Building Area: 2,553
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,553
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: KING ESTATES
  • Land Acres: 0.468
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: KING ESTATES L49

Ownership

  • Current Owner : MITCHELL STACY
  • Previous Owner : SHIDINA SHEILA Y
  • Previous Owner 2: MORIBER JASON I
  • Owner Before Previous Owner: SHIDNIA SHEILA Y
  • Owner Before Previous Owner 2: MORIBER JASON I
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Washington Township Metropolitan School District
  • Census Tract: 320901

Geography

  • Assessors Map Reference: 2010-B7
  • District: 0008
  • Section: 270
  • Parcel: 49-03-27-111-028.000-800
  • Lot: 49
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8961
  • Longitude: -86.1688

    Address

  • Full Address: 581 King Dr
  • Address - House Number: 581
  • Address - Street Name: King
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C024
  • 4-Digit Zip Code: 3522
  • Zip Code: 46260

Valuation

    Tax

  • Total Area: 2,553
  • Tax Year: 2022
  • Tax Amount: $4,588
  • Tax Rate Code Area: 800

    Appraisal Valuation

  • Standard Deviation: 0.2204
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 428,678
  • High Value: 523,165
  • Low Value: 334,190

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $251,000
  • First Open Lien Mortgage Lender: C & A FINANCIAL PROGRAM INC
  • First Open Lien Mortgage Recording Date: Dec 30, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $251,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $327,400
  • Market Land Value: $42,300
  • Market Improvement Value: $285,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $327,400
  • Assessed Land Value: $42,300
  • Assessed Improvements Value: $285,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 02, 2020
  • Current Sale Recording Date: Jan 09, 2020
  • Current Sale Transaction ID: 11719326172
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202000003120
  • Previous Sale Recording Date: Nov 18, 2009
  • Previous Sale Contract Date: Nov 09, 2009
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE INC
  • First Mortgage Transaction Date: Jan 09, 2020
  • First Mortgage Loan Amount: $247,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Nov 18, 2009
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2039



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,644 ft²
$164/ft²
$269,900 May 10, 2023
-
-
Condo
2 Beds
2 Baths
1,756 ft²
$151/ft²
$265,000 Apr 10, 2023
-
$400/mo
Land
Loft
-
-
$295,000 Jan 13, 2023
-
-

About Meridian Hills


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Frequently Asked Questions

When was property at 581 King Drive built and last sold?
The property at 581 King Drive was built in 1965 and last sold on Jan 2, 2020 for $260,000.
How much is this home worth?
The estimated value of the home located at 581 King Drive is $267,549.
What are some comparable homes to 581 King Drive?
There are currently no comparable homes to 581 King Drive.

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