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$999,000   Price Analysis
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5751 and 5465 W Southport Rd
Indianapolis, IN 46221
3 bed 2 bath 2,016 SqFt ($495/SqFt)
29.96 acre lot. Built 1950
Listed 2024-02-16, Taxes $7,747
Ⓧ USDA Ineligible
due to price & location

near Indianapolis

29.96 Acres off of Southport Rd in Decatur Township.

2 parcels can be purchased together or separately. Please note BLC #219 54994 and BLC # 21955141. Property includes one of the largest indoor arenas in the state. Arena built for horses BUT could be used for anything. Arena is 120X70 with 16ft rafters and overhead lighting. 4 inches of sand footing compacted and level ground. Inside arena there are (5) 10X10 steel pipe box stalls.

Another 50X34 stall barn on the 10 acre parcel has (10) 12X10 box stalls. Each stall has electricity, sliding door, window, mats and on top of compacted #2 stone and limestone. Home on 10 acres has 1, 560 of living space and property has additional storage barns and fenced area for horses. Parcel with 20 acres has a 2, 016 sqft, long drive for privcy, pond, 16X12 barn, 42X16 hay barn, 30X23 barn, chicken coop. Developers dream to purchase both parcels and parcel off large lots for resale or keep for future investment in one parcel.


Presented by Jennifer Turner at
Carpenter Realtors, Avon West.
Listing Agent Photo

Property MLS #21964170 from MIBOR

Bedrooms: 3
Bedrooms On Main Level: 3
Primary Bedroom Dimensions: 14 x 12
Bedroom 2 Dimensions: 14 x 10
Bedroom 3 Dimensions: 11 x 9
Primary Bedroom Level: Main
Bedroom 2 Level: Main
Bedroom 3 Level: Main

Total Rooms: 6
Living Room Dimensions: 19 x 12
Living Room Level: Main

Total Bathrooms: 2
Full Bathrooms: 1
1/2 Bathrooms: 1
Full Bathrooms On Main Level: 1
Half Bathrooms On Main Level: 1

Breakfast Bar
In-Law Arrangement
Eat-in Kitchen
Network Ready

Electric Cooktop
Dishwasher
Disposal
Microwave
Electric Oven
Refrigerator
Water Heater
Laundry Features: Connections All

Cooling Features: Central Electric
Fireplace Features: Living Room
Heating Features: Forced Air
Number of Fireplaces: 1

Dining Area Description: Breakfast Room, Dining Combo/Family Room
Dining Room Dimensions: 12 x 11
Dining Room Level: Main
Kitchen Dimensions: 12 x 11
Kitchen Features: Kitchen Country
Kitchen Level: Main

Barn Mini
Barn Storage
Carriage/Guest House
Storage Shed
Fencing: Partial
Patio And Porch Features: Covered Porch

Pond

Lot Description: Mature Trees
Lot Size Acres: 29.96
Lot Size Square Feet: 1305057

Garage Spaces: 4
Parking Features: Attached, Detached, Gravel, Guest Parking, Storage, Workshop in Garage
Garage Sqft: 1000

High School: Decatur Central High School
High School District: MSD Decatur Township
Middle School: Decatur Middle School

West Newton Elementary School is a public elementary school located approximately 1.2 miles away.
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Decatur Central High School is a public high school located approximately 2.4 miles away.
directions icon Map directions

Decatur Middle School is a public middle school located approximately 2.4 miles away.
directions icon Map directions

St. Barnabas School is a private elementary and middle school located approximately 4.7 miles away.
directions icon Map directions

Calculated Total Monthly Association Fees: 0

Source Listing Status: Active
County: Marion
Directions: GPS Friendly
Tax Year: 2022
Source Property Type: Residential
Area: 4908 - Marion - Decatur
Source Neighborhood: 4908 - Marion - Decatur
Parcel Number: 491313116002000200
Township: Decatur
Property Subtype: Single Family Residence
Lot Number: 491313111002000200
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$245,900 + $34,600
$280,500
$7,747
2021$245,900 + $34,600
$280,500
$6,846
2020$232,600 + $34,500
$267,100
$6,031
2019$207,400 + $37,100
$244,500
$5,922
2018$193,100 + $37,600
$230,700
$5,566
2017$178,100 + $39,800
$217,900
$5,258
2016$72,800 + $40,800
$113,600
$1,611
2015$71,000 + $41,700
$112,700
$1,522
2014$69,500 + $41,700
$111,200
$1,504
2013$69,500 + $39,000
$108,500
$1,319
2012$68,600 + $37,700
$106,300
$1,285
2011$57,700 + $43,700
$101,400
$1,159
2010$57,800 + $41,800
$99,600
$1,013
2008$60,800 + $40,400
$101,200
$1,640
2008$57,800 + $41,400
$99,200
$1,640
2006$74,800 + $36,900
$111,700
$1,475

Price Changed 2024-06-27
$999,000
MIBOR
Price Changed 2024-06-27
$499,000
MIBOR
Price Changed 2024-06-23
$585,000
MIBOR
Price Changed 2024-06-22
$599,000
MIBOR
Price Changed 2024-04-12
$1,080,000
MIBOR
Price Changed 2024-04-12
$585,000
MIBOR
Listed 2024-02-16
$1,200,000
MIBOR
Listed 2024-02-16
$650,000
MIBOR
Sold 2003-06-09
$186,200
Public Record

Total Square Feet Living: 2016
Year Built: 1950
Construction Materials: Brick, Vinyl Siding
Foundation Details: Crawl Space
Levels: One
Property Age: 74
Property Condition: Fixer
Total Area Main: 2016
Architectural Style: Ranch

Electric: 200+ Amp Service
Cable Available
Electricity Connected
Septic System
Well
Water Source: Private Well
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.