Sold
Last Sold Price
3 beds1,040 sqft$96/sqft
5420 Margate Rd, Indianapolis, IN 46221
Single FamilyProperty Type
0.96 acresLot Size
1945Year Built
$96/sq ftPrice per sq ft

Description

Beautiful home in Decatur Township sitting on a full acre. Home features 3 bedrooms, 1 full bath, 2 separate detached finished garages. Mature fruit trees including cherry, walnut and pecan! Property offers plenty of opportunity for expansion projects. Mostly updated inside with hardwood flooring in great size Living Room and ceramic tile. Lots of updates. It's a must see home! Move-in ready!Beautiful home in Decatur Township sitting on a full acre. Home features 3 bedrooms, 1 full bath, 2 separate detached finished garages. Mature fruit trees including cherry, walnut and pecan! Property offers plenty of opportunity for expansion projects. Mostly updated inside with hardwood flooring in great size Living Room and ceramic tile. Lots of updates. It's a must see home! Move-in ready!
  • Listed by: Javier Espinoza Ruvalcab 317.888.9300 jespinoza@callcarpenter.com • Carpenter, REALTORS
Listing closed: 08/04/2016 12:00 AM • Source: MIBORMLS, MLS#: 21424157

Recent comparable sales

Median sold price

$125,000

Avg days on market

20

Sale-to-list ratio

87.9%

Indianapolis, IN

9 comparable properties found

$100,000 | 2862 Foltz Street, Indianapolis, IN 46241
1/6
1

$100,000

Sold 03/31/26

3
Bedrooms
1,044
Square Feet
0.12
Acres
$120,000 | 3242 Davis Drive, Indianapolis, IN 46221
1/15
2

$120,000

Sold 02/28/25

3
Bedrooms
1,040
Square Feet
0.25
Acres
$110,000 | 3466 Carr Avenue, Indianapolis, IN 46221
1/27
3

$110,000

Sold 10/11/24

3
Bedrooms
1,210
Square Feet
0.21
Acres
$70,000 | 3146 South Holt Road, Indianapolis, IN 46221
1/16
4

$70,000

Sold 06/11/26

3
Bedrooms
1,050
Square Feet
0.12
Acres
$135,000 | 4330 Santa Fe Court, Indianapolis, IN 46241
1/12
5

$135,000

Sold 03/28/25

3
Bedrooms
1,008
Square Feet
0.27
Acres
$132,000 | 2840 Denison Street, Indianapolis, IN 46241
1/2
6

$132,000

Sold 07/10/25

3
Bedrooms
1,008
Square Feet
0.17
Acres
$130,000 | 2737 South Roena Street, Indianapolis, IN 46241
1/2
7

$130,000

Sold 07/03/25

3
Bedrooms
912
Square Feet
0.12
Acres
$125,000 | 3980 Standish Drive, Indianapolis, IN 46221
1/10
8

$125,000

Sold 11/07/25

3
Bedrooms
936
Square Feet
0.28
Acres
$166,500 | 4123 South Lynhurst Drive, Indianapolis, IN 46221
1/24
9

$166,500

Sold 04/25/25

3
Bedrooms
937
Square Feet
0.15
Acres

Location

Listing Courtesy of Carpenter, REALTORS

Sold By Keller Williams Indy Metro W

Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$755 per month

30 year fixed, 6.55% Interest

Principal and Interest

$508

Property Taxes

$247

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 5420 Margate Road

Property Details
  • Taxes: $1,482 semi-annually
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: TradAmer
  • Subdivision Name: NEWLYNN
  • Township: Decatur
Building Information
  • Year Built: 1945
  • Lot Size: 0.96 AC / 41,817 SF
Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: Take 465 to Kentucky Ave (SR 67), right to Lynhurst, right onto Margate to home on the right.
  • Postal Code: 46221
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491236115070000200
  • Semi Annual Property Tax Amt: 1482
  • Tax Exemption: MortageTaxExemption
  • Tax Year: 2015
Parking
  • Garage YN: Yes
  • Garage Parking Features: 1 Car Detached, 2 Car Detached, Multiple Garages
  • Garage Parking Other: Heated,Storage Area,Workshop
Property
Lot Information
  • Acreage: 1/2-1 Acre
  • Building Area Source: Assessor
  • Lot Number: 45
  • Lot Size: .96
  • Lot Size Acres: 0.96
  • Main Level SqFt: 1040
  • MLS: MIBOR
  • New Construction: False
  • SqFt Main Upper: 1040
  • Sq Ft Total: 1040.0
  • Year Built Numeric: 1945
Property and Assessments
  • Affected by Disclosures: 0
  • Inspection Warranties: Warranty Homebuyers
  • Ownership Type: None
  • Photos Count: 19
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • SaleTerms: FHA
  • Supplement Count: 2
  • Transaction Type: Sale
Green Features
  • Green Certification: 0
Utilities
  • Sewer: Septic Tank
  • Solid Waste: 1
  • Water Heater: Electric
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl With Brick
  • Exterior Features: Driveway Concrete, Fence Partial
  • Foundation Details: Slab
  • Fuel: Gas
  • Porch: Covered Porch
Interior Features
  • Appliances: Dishwasher, Disposal, Gas Oven, Refrigerator
  • Areas Interior: Laundry Room Main Level,Utility Room
  • Basement YN: No
  • Cooling: Central Air
  • Eating Area: Formal Dining Room, Dining Combo/Kitchen, Walk In Pantry
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Heating: Forced Air
  • Interior Features: Attic Access, Screens Complete
  • Levels: One and One Half
  • Master Bedroom Description: Main Level
  • Additional Equipment: Security Alarm Monitored, Smoke Detector
  • Room List: Master Bedroom, Kitchen, Dining Room, Living Room, Bedroom 2, Laundry, Bedroom 3
  • Room and Features: Master Bedroom-Main, Kitchen-Main, Dining Room-Main, Living Room-Main, Bedroom 2-Upper, Laundry-Main, Bedroom 3-Upper
Room Information
Room Information
  • Rooms MU: 0
  • Rooms Total MU: 0
  • Total Rooms: 7
Room 1
  • Room Level: Main
  • Room Dimensions: 13x10
  • MBR_Room Window Treatments: 1
  • Room Type: Master Bedroom
Room 2
  • Room Level: Main
  • Room Dimensions: 17x8
  • MBR_Room Window Treatments: 1
  • Room Type: Kitchen
Room 3
  • Room Level: Main
  • Room Dimensions: 11x10
  • MBR_Room Window Treatments: 1
  • Room Type: Dining Room
Room 4
  • Room Level: Main
  • Room Dimensions: 19x13
  • MBR_Room Window Treatments: 1
  • Room Type: Living Room
Room 5
  • Room Level: Upper
  • Room Dimensions: 15x13
  • MBR_Room Window Treatments: 1
  • Room Type: Bedroom 2
Room 6
  • Room Level: Main
  • Room Dimensions: 8x5
  • MBR_Room Window Treatments: 1
  • Room Type: Laundry
Room 7
  • Room Level: Upper
  • Room Dimensions: 13x12
  • MBR_Room Window Treatments: 1
  • Room Type: Bedroom 3
Bathrooms
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Count: 1
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 3
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 3
  • Bedrooms MU: 3
  • Bedrooms Total: 3

Property History for 5420 Margate Road

DateEvent & SourcePriceAppreciation
Aug 4, 2016

Sold (Public Record)

Public Record #576668638

$99,900
Aug 4, 2016

Sold

MIBORMLS #21424157

$99,900
Jun 29, 2016

Pending

MIBORMLS #21424157

DateEvent & SourcePrice
08/04/2016

Sold (Public Record)

Public Record #576668638

$99,900
08/04/2016

Sold

MIBORMLS #21424157

$99,900
06/29/2016

Pending

MIBORMLS #21424157

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5420 Margate Road

Taxable ValueLand$51,800Additions$131,500Total$183,300
Tax Record2024$2,031 ($169 / month)
Home Facts
Beds3Total Finished SqFt2,080 SqFtAbove Grade Finished SqFt2,080 SqFtStories1Lot Size41,992 SqFtStyleSingle Family ResidenceYear Built1945CountyMARIONAPN49-12-36-115-070.000-200

Schools near 5420 Margate Road

This home is within M S D Decatur Township.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Blue Academy
PublicK to 6

Decatur Middle School
Public7 to 8

Decatur Central High School
Public9 to 12

Liberty Early Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 46221

$115,000 | 1226 South Richland Street, Indianapolis, IN 46221
1/14

$115,000

3
Bedrooms
1,272
Square Feet
0.13
Acres
$285,000 | 6302 West Loretta Drive, Indianapolis, IN 46221
1/23

$285,000

3
Bedrooms
2,816
Square Feet
0.29
Acres
$217,000 | 6136 Rocky River Drive, Indianapolis, IN 46221
1/34

$217,000

3
Bedrooms
1,075
Square Feet
0.15
Acres
$230,000 | 6034 West Loretta Drive, Indianapolis, IN 46221
1/44

$230,000

3
Bedrooms
1,620
Square Feet
0.34
Acres
$227,750 | 1007 South Tremont Street, Indianapolis, IN 46221
1/16

$227,750

3
Bedrooms
1,829
Square Feet
0.11
Acres
$170,000 | 6613 Nodlehs Drive, Indianapolis, IN 46221
1/40

$170,000

3
Bedrooms
1,201
Square Feet
0.25
Acres
$105,000 | 840 South Pershing Avenue, Indianapolis, IN 46221
1/8

$105,000

3
Bedrooms
2,496
Square Feet
0.12
Acres
$285,000 | 5514 Winship Court, Indianapolis, IN 46221
1/62

$285,000

3
Bedrooms
2,148
Square Feet
0.22
Acres
$279,500 | 5415 Mooresville Road, Indianapolis, IN 46221
1/35

$279,500

4
Bedrooms
2,300
Square Feet
0.24
Acres

Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Carpenter, REALTORS

Based on information submitted to the MLS GRID as of 04/13/2021 06:32 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.