See Home Value
$298,220*
House - Off Market

5548 Lippan Way

Indianapolis, IN 46221
bedrooms
3 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
1751 Sqft
$270,000 - $328,000
Reference Base Price*
-0.56%
Since Sep 1, 2023
National-US
Primary Model
Sold Aug 28, 2023
$324,520
$244,000 by Mortgage Research Center, Llc
Mortgage Due Sep 01, 2053

About This Property

Come check out this amazing 3 bedroom 2.5 bath home with a loft! The front has been meticulously maintained with beautiful thick grass and a fountain as you walk to the front door. Once inside you will see that there has been new vinyl plank flooring installed for a clean modern look. Your living room and kitchen have an open concept that all oversees your back yard paradise! Home has a 12x26' inground pool with a depth from 3' to 6', relaxing deck to hang out on and a large shed to store all your yard and pool equipment! Even better is that all of this is in a fully fenced in backyard to give you added privacy! Going back inside you can head upstairs to see  every room recently had new carpet installed, including the stairs and the loft!

The manager has listed the unit size as 1751 square feet.
Unit Size
1,751Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$171
Property Type
House
Property Taxes
-
HOA Dues
$180
Year Built
1998

Price History

Date / Event Date Event Price
Aug 28, 2023 Sold to Allie Foust, Kolin Burns $324,520
Sold to Allie Foust, Kolin Burns
Aug 26, 2023 No longer available -
No longer available
Jul 22, 2023 In contract -
In contract
Jul 20, 2023 Listed $299,900
Listed
Dec 20, 2022 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Fair
  • Building Quality: D
  • 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: 418
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,449
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,169
  • Gross Building Area: 2,169
  • Building Area: 1,751
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,751
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PHEASANT RUN SEC 6B
  • Land Acres: 0.171
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: PHEASANT RUN SEC 6B L348

Ownership

  • Current Owner : BURNS KOLIN
  • Current Owner 2: FOUST ALLIE
  • Previous Owner : WARREN JOHN
  • Previous Owner 2: WARREN KATRINA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Decatur Township Metropolitan School District
  • Census Tract: 370305

Geography

  • Assessors Map Reference: 2553-B3
  • District: 0002
  • Section: 120
  • Parcel: 49-13-12-110-015.000-200
  • Lot: 348
  • Municipality: DECATUR TOWNSHIP
  • Latitude: 39.6645
  • Longitude: -86.2572

    Address

  • Full Address: 5548 Lippan Way
  • Address - House Number: 5548
  • Address - Street Name: Lippan
  • Address - Suffix Type: Way
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: R046
  • 4-Digit Zip Code: 4882
  • Zip Code: 46221

Valuation

    Tax

  • Total Area: 1,751
  • Tax Year: 2022
  • Tax Amount: $2,415
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1635
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 79
  • Final Value: 315,949
  • High Value: 367,631
  • Low Value: 264,267

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $244,000
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER, LLC
  • First Open Lien Mortgage Recording Date: Aug 28, 2023
  • First Open Lien Mortgage Loan Amount: $244,000
  • 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: Sep 01, 2053

    Market Valuation

  • Market Total Value: $221,100
  • Market Land Value: $12,600
  • Market Improvement Value: $208,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $221,100
  • Assessed Land Value: $12,600
  • Assessed Improvements Value: $208,500

    Sales

  • Current Sale Contract Date: Aug 21, 2023
  • Current Sale Recording Date: Aug 28, 2023
  • Current Sale Transaction ID: 11911910250
  • Current Sale Price: $324,520
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 71491

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER, LLC
  • First Mortgage Transaction Date: Aug 28, 2023
  • First Mortgage Loan Amount: $244,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2.5 Baths
1,941 ft²
$153/ft²
$297,330 Nov 28, 2022
-
-

About Valley Mills


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Frequently Asked Questions

When was property at 5548 Lippan Way built and last sold?
The property at 5548 Lippan Way was built in 1998 and last sold on Aug 21, 2023 for $324,520.
How much is this home worth?
The estimated value of the home located at 5548 Lippan Way is $302,970.
What are some comparable homes to 5548 Lippan Way?
Homes that are comparable to 5548 Lippan Way include a house property at 6741 Devinney Lane, located in Indianapolis, IN.

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