5 months on rocket

5053 E Michigan St, Indianapolis, IN, 46201

$316,000

Home List Price

$3,753*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
3,727 SqFt
$85/SqFt
House

Location

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5053 E Michigan St, Indianapolis$316,000

Buyer Closing Credits

$3,753*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1930
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #21982890
Lot Size0.09 Acres
StatusActive

About 5053 E Michigan St

Welcome to this stunningly remodeled Craftsman home, boasting 5 spacious bedrooms, 3.5 bathrooms, and charming features that will make you feel right at home. This beautiful property has been thoughtfully updated to incorporate modern amenities while maintaining the warmth and character of its original Craftsman style. The moment you step inside, you'll be struck by the stunning woodwork throughout the home. From the laminate wood floors to the ornate wood trim and built-in cabinetry, every detail has been meticulously crafted to showcase the beauty of traditional craftsmanship. The living areas are designed to entertain and relax, with a generous dining room perfect for gatherings and a cozy sitting room for quiet moments. The kitchen is a true showstopper, featuring stainless steel appliances, sleek tile backsplash, and ample counter space for cooking and prep work. The five bedrooms offer ample space with plenty of closet space and natural light pouring in through the windows. The two-and-a-half bathrooms feature modern fixtures and tasteful finishes, making this home a perfect blend of form and function. Unfinished basement that's perfect for extra storage or can be finished to provide even more entertaining space. Schedule your showing today to see this beautiful home in person!

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1930
  • Living Area: 3,727 SqFt

Listing Office:

  • Office Name: F.C. Tucker Company
  • Office Email: jon.hopson@talktotucker.com
  • Listing Agent: Jonathan Hopson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Gas Oven, Refrigerator, Washer
  • Basement: Yes
  • Interior: Built In Book Shelves, Hi-Speed Internet Availbl, Network Ready, Screens Some, Windows Vinyl, Windows Wood, WoodWorkStain/Painted

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Heading South on Emerson Avenue, turn left onto E Michigan St. Home is on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $316,000
  • Price Per SqFt: $85/SqFt

Tax Information:

  • Annual Amount: $1,804
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Indianapolis, IN.

Med. Sold Price

$245.5K

Med. Price/SqFt

$139

Avg. Days On Market

31

# of Sold Homes

946

5053 E Michigan St vs Indianapolis

161 DAYS ON ROCKET

+130 Days

$316,000

+$70.4K More

$85/SqFt

-$54 Less

KEY TAKEAWAY

This property is $70.4K more than the Median Sold Price and $54/SqFt less than other homes in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21982890

Listing Office:

  • Office Name: F.C. Tucker Company
  • Office Email: jon.hopson@talktotucker.com
  • Listing Agent: Jonathan Hopson

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 10:16:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 09, 2020Home Sold
$96,075
Jul 27, 2016Home Sold
$42,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,804$194,200
2019$1,878$76,400
2018$1,604$74,200
2017$1,668$70,400

History based on county public records data.

Payment Calculator

$1,645

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,014

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-255127
3
/10
  • Ralph W. Emerson Elementary School 58

  • 321 N Linwood Ave

  • 0.47 miles

  • Public District Grades PK-6

school-card-donut-255128
3
/10
  • George W. Julian Elementary School 57

  • 5435 E Washington St

  • 0.59 miles

  • Public District Grades KG-6

school-card-donut-255129
3
/10
  • Christian Park Elementary School 82

  • 4700 English Ave

  • 1.01 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,864. Residents of Indianapolis, IN typically earn less than $35k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5053 E Michigan St

What is the listing price of this property?

The listing price of 5053 E Michigan St property is $316,000.

What type of property is this?

The property 5053 E Michigan St is a house located in Indianapolis, Indiana, 46201.

Is this property for sale now?

Active Listing: 5053 E Michigan St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,804 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 9, 2020 for $96,075. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5053 E Michigan St has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 5053 E Michigan St is 3,727 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5053 E Michigan St is 1930.

Rocket HomesIndianaMarion CountyIndianapolis462015053 E Michigan St

This home is located at 5053 E Michigan St in Indianapolis, IN and zip code 46201 in the Near Eastside neighborhood. This 3,727 square foot home, which was built in 1930, sits on a 0.09 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 13, 2024 and is currently priced at $316,000.

Indianapolis, IN housing market in October 2024 saw over 170 listings sold above listed price, more than 256 sold at listed price and over 519 sold below. In October 2024 in Indianapolis, IN there were 3.7% more homes for sale than in September 2024. In October 2024 median list price was $245,515 and the average listing age was 31 days.

From Rocket Homes Real Estate and based on county public records data.

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