27 days on rocket

5879 Magnificent Ln, Indianapolis, IN, 46234

$350,000

Home List Price

$4,156*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,973 SqFt
$118/SqFt
House

Location

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5879 Magnificent Ln, Indianapolis$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Year Built2002
HeatingForced Air, Natural Gas
CoolingCentral Air
FireplaceFamily Room
MLS #22008338
Lot Size0.24 Acres
StatusActive

About 5879 Magnificent Ln

This beautifully well-maintained 4-bedroom, 2.5-bathroom home offers a perfect blend of comfort and style. The main floor showcases spacious rooms with 9-foot ceilings, elegant laminate flooring, and a cozy fireplace. The master suite is a true retreat, featuring a luxurious spa-like bathroom and a generous walk-in closet. The open kitchen and breakfast area lead to a private patio surrounded by a tranquil wooded backyard. Upstairs, you'll find a versatile loft along with three spacious bedrooms, each providing ample storage. With excellent Brownsburg schools, attractive curb appeal, and fantastic neighborhood amenities. THIS HOME IS NOT TO BE MISSED!!!

Property Details

Property Features

Property Information:

  • Architectural Style: Multi-Level, TraditonalAmerican
  • Year Built: 2002
  • Living Area: 2,973 SqFt

Listing Office:

  • Office Name: The Modglin Group
  • Office Email: ola@themodglingroup.com
  • Listing Agent: Olayemi Adedayo

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Electric Oven, Refrigerator, Trash Compactor
  • Basement: No
  • Interior: Attic Access, Raised Ceiling(s), Entrance Foyer, Eat-in Kitchen, Screens Complete, Walk-in Closet(s), Windows Vinyl, WoodWorkStain/Painted
  • Fireplace: Family Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $118/SqFt

HOA Fees:

  • Amount: $450
  • Frequency: Annually

Tax Information:

  • Annual Amount: $2,142
  • Tax Year: 2020
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Housing Market Comparison

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

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Indianapolis, IN

City

Med. Sold Price

$245.5K

Med. Price/SqFt

$139

Avg. Days On Market

31

# of Sold Homes

946

5879 Magnificent Ln vs Indianapolis

27 DAYS ON ROCKET

-4 Days

$350,000

+$104.4K More

$118/SqFt

-$21 Less

KEY TAKEAWAY

This property is $104.4K more than the Median Sold Price and $21/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: #22008338

Listing Office:

  • Office Name: The Modglin Group
  • Office Email: ola@themodglingroup.com
  • Listing Agent: Olayemi Adedayo

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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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, 8:16:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,142$214,700
2019$2,026$212,800
2018$1,884$179,900
2017$3,710$185,500

History based on county public records data.

Payment Calculator

$1,851

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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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-232324
9
/10

  • Reagan Elementary School

  • 4845 Bulldog Way

  • 2.04 miles

  • Public District Grades KG-5

school-card-donut-232325
9
/10

  • Lincoln Elementary School

  • 4807 Bulldog Way

  • 2.12 miles

  • Public District Grades KG-5

school-card-donut-232326
9
/10

  • Brown Elementary School

  • 340 S Stadium Dr

  • 2.61 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $83,441. Most Indianapolis, IN residents have annual incomes between $35k-100k. Most families are married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Indianapolis, IN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Indianapolis, IN.

Indianapolis offers a diverse housing market, with single-family homes being a significant component, reflecting a mix of architectural styles from historic Victorian to contemporary. The housing options also include a variety of apartments and townhouses, accommodating a range of preferences and lifestyles. The city has seen a steady growth in housing developments, particularly in the downtown area, which has added modern living spaces to the urban core.

What is it like to live in Indianapolis, IN?

Indianapolis is celebrated for its vibrant cultural scene and sporting events, including the world-renowned Indianapolis 500. The city prides itself on its community-oriented atmosphere, with numerous parks and green spaces contributing to its inviting character. Seasonal festivals and local farmers' markets are a testament to the city's commitment to community engagement and local produce.

Is it easy to get around Indianapolis, IN without a car?

The city is served by a robust educational system, including a variety of public and private schools, catering to all levels of education. Healthcare is well-supported with several hospitals offering a range of services from emergency care to specialized treatments. Indianapolis also boasts a network of public libraries and a rich assortment of retail and dining options that reflect the diverse culinary tastes of its residents.

Transportation in Indianapolis, IN.

Indianapolis has a comprehensive transport system that includes a city-wide bus service with regular routes connecting various neighborhoods. The city is also known for its bike-friendly initiatives, with numerous bike lanes and trails. Major highways such as I-65 and I-70 provide efficient routes for drivers to navigate in and out of the city. While specific ride-sharing statistics are not mentioned, such services are commonly used throughout the city.

Frequently Asked Questions About 5879 Magnificent Ln

What is the listing price of this property?

The listing price of 5879 Magnificent Ln property is $350,000.

What type of property is this?

The property 5879 Magnificent Ln is a house located in Indianapolis, Indiana, 46234.

Is this property for sale now?

Active Listing: 5879 Magnificent Ln 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 $2,142 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5879 Magnificent Ln has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5879 Magnificent Ln is 2,973 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5879 Magnificent Ln is 2002.

Rocket Homes›Indiana›Marion County›Indianapolis›46234›5879 Magnificent Ln

This home is located at 5879 Magnificent Ln in Indianapolis, IN and zip code 46234. This 2,973 square foot home, which was built in 2002, sits on a 0.24 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $350,000.

In October 2024 more than 170 listings in Indianapolis, IN were sold above the asking price. During the same period more than 256 listings were sold at asking price, while more than 519 were 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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