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5545 Marnette Street

5545 Marnette Street, Indianapolis, IN 46241
Property in Garden City
Sold Jun 24, 2021
$260,000
$208,000 by Huntington National Bank
Mortgage
Local assessors in Indianapolis, IN have categorized 5545 Marnette Street as a residential type of property. The home was built in 1949 and is 75 years old. It was most recently renovated and altered in 2017. The property's lot size has been calculated to be 36,590 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. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. 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 5545 Marnette Street has a total of 2,048 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 280 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. In addition, there is a above ground pool on the property. Perfect for those who want to host pool parties over the summer. 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 masonry 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 - C. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5545 Marnette Street was last sold in May 3, 2021 for $260,000. According to our calculations, that's $111.68 per sqft. Current property owners are expected to pay $3,247 in taxes per year. The property on 5545 Marnette Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $249,400. To break that down further, the land itself was valued at $21,300. While improvements to the property were assessed at a total of $228,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • 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: 280
  • Parking Space Count: 1
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 36,590
  • Total Building Area: 2,328
  • Gross Building Area: 2,328
  • Building Area: 2,048
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,048
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.84
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: PT W1/2 NE1/4 S12 T15 R2 BEG 342.7 W & 997.2 SOF NE COR; W172, S221.2 E172, N222.4 TO BEG.88AC.

Ownership

  • Current Owner : HAROLD BENJAMIN R
  • Previous Owner : HARRIS ANDREW B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wayne Township Metropolitan School District
  • Census Tract: 341903

Geography

  • Assessors Map Reference: 2335-B4
  • District: 0009
  • Section: 120
  • Parcel: 49-12-12-122-010.000-900
  • Lot: 1
  • Meridian: SEC 12 TWN 15 RNG 2
  • Municipality: WAYNE TOWNSHIP
  • Latitude: 39.762
  • Longitude: -86.2569

    Address

  • Full Address: 5545 Marnette St
  • Address - House Number: 5545
  • Address - Street Name: Marnette
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C022
  • 4-Digit Zip Code: 1243
  • Zip Code: 46241

Valuation

    Tax

  • Total Area: 1,758
  • Tax Year: 2022
  • Tax Amount: $3,247
  • Tax Rate Code Area: 900

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 287,900
  • High Value: 352,602
  • Low Value: 223,198

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $208,000
  • First Open Lien Mortgage Lender: HUNTINGTON NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jun 24, 2021
  • First Open Lien Mortgage Loan Amount: $208,000
  • 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: $249,400
  • Market Land Value: $21,300
  • Market Improvement Value: $228,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $249,400
  • Assessed Land Value: $21,300
  • Assessed Improvements Value: $228,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 03, 2021
  • Current Sale Recording Date: Jun 24, 2021
  • Current Sale Transaction ID: 11841659998
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A202100082463

    Last Sale Mortgage

  • First Mortgage Lender: HUNTINGTON NATIONAL BANK
  • First Mortgage Transaction Date: Jun 24, 2021
  • First Mortgage Loan Amount: $208,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Garden City



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Frequently Asked Questions

What neighborhood is 5545 Marnette Street located in?
The 5545 Marnette Street is a located in the neighborhood of Garden City in Garden City, Indianapolis.
What is the average sales price for listings in 5545 Marnette Street?
The average sales price for units in 5545 Marnette Street is $0 currently.

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