1 month on rocket

5305 Palisade Way, Indianapolis, IN, 46237

$199,990

Home List Price

$2,375*

Closing Credit

3 Bedrooms
1 Full Bath
1,016 SqFt
$197/SqFt
House

Location

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5305 Palisade Way, Indianapolis$199,990

Buyer Closing Credits

$2,375*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1983
HeatingForced Air, Electric
CoolingCentral Air
BasementYes
MLS #22010286
Lot Size0.17 Acres
StatusActive

About 5305 Palisade Way

A superb three bedroom ranch, tucked in the corner of a peaceful residential neighborhood, which has recently undergone extensive improvements by the current owners. The home has NEW FLOORING and has been FRESHLY PAINTED throughout, updates to the bathroom and is ready to be enjoyed by the lucky new owners. The water heater, furnace and heat pump also come with a transferable warranty for the new owner! The home also features a superb rear yard, which extends beyond the back fence, creating a fantastic space to enjoy summer and fall evenings with family and friends. This house truly has everything a first time home buyer or down-sizer would need - whilst also serving as a fantastic potential investment acquisition.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1983
  • Living Area: 1,016 SqFt

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Email: james@westeightproperty.com
  • Listing Agent: James Robinson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Disposal, Electric Oven, Refrigerator, Washer
  • Basement: Yes
  • Interior: Attic Access, Vaulted Ceiling(s), Eat-in Kitchen

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Barn Mini

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,990
  • Price Per SqFt: $197/SqFt

Tax Information:

  • Annual Amount: $1,684
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$248.1K

Med. Price/SqFt

$140

Avg. Days On Market

36

# of Sold Homes

830

5305 Palisade Way vs Indianapolis

40 DAYS ON ROCKET

+4 Days

$199,990

-$48.1K Less

$197/SqFt

+$57 More

KEY TAKEAWAY

This property is $48.1K less than the Median Sold Price and $57/SqFt more than other homes in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #22010286

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Email: james@westeightproperty.com
  • Listing Agent: James Robinson

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: 12/17/2024, 10:46:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 17, 2009Home Sold
$69,900

Tax History

YEARPROP. TAXASSESSMENT
2020$1,684$90,100
2019$656$84,200
2018$576$79,700
2017$577$74,800

History based on county public records data.

Payment Calculator

$1,066

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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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-4313365
4
/10
  • Arlington Elementary School

  • 5814 S Arlington Ave

  • 0.80 miles

  • Public District Grades KG-3

school-card-donut-4313366
6
/10
  • Jeremiah Gray Elementary School

  • 5225 Gray Rd

  • 0.86 miles

  • Public District Grades 1-5

school-card-donut-4313367
4
/10
  • South Grove Intermediate School

  • 851 S 9th Ave

  • 1.43 miles

  • Public District Grades 4-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,557. Typical income of Indianapolis, IN residents is between $35k-100k annually. The majority of families are 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 5305 Palisade Way

What is the listing price of this property?

The listing price of 5305 Palisade Way property is $199,990.

What type of property is this?

The property 5305 Palisade Way is a house located in Indianapolis, Indiana, 46237.

Is this property for sale now?

Active Listing: 5305 Palisade Way 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 $1,684 (source: MLS/based on county public records data).

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

The last sale was on August 17, 2009 for $69,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5305 Palisade Way has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5305 Palisade Way is 1,016 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5305 Palisade Way is 1983.

Rocket HomesIndianaMarion CountyIndianapolis462375305 Palisade Way

This home is located at 5305 Palisade Way in Indianapolis, IN and zip code 46237 in the Arlington Acres North neighborhood. This 1,016 square foot home, which was built in 1983, sits on a 0.17 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 07, 2024 and is currently priced at $199,990.

While more than 170 listings in Indianapolis, IN in November 2024 were sold above asking price, there were more than 231 listings sold at asking price, and more than 429 were sold below. The inventory of homes for sale in Indianapolis, IN between October 2024 and November 2024 decreased by 5.8%. While the average time on the market in November 2024 was 36 days, the median list price was $248,146.

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

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