Perfect opportunity to gain some sweat equity. This 3 BR, 2 BA home needs some updating but no known defects. The HVAC was new in 2020. Enjoy neverending hot water with the tankless hot water heater. Open floor plan. Most appliances stay. Conveniently located near I-65, I-465, Eagle Creek & Speedway.
Sold
$200,000
5115 Flame Way, Indianapolis, IN 46254
3beds
1,525sqft
Residential, Single Family Residence
Built in 1998
6,098.4 Square Feet Lot
$229,400 Zestimate®
$131/sqft
$1,938 Estimated rent
Home value
$229,400
$218,000 - $241,000
$1,938/mo
Zestimate® history
Owner options
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$1,938/mo
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$1,938/mo
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$1,585/mo
Est. payment
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$1,585/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Michelle McKnight 317-440-0311,
Carpenter, REALTORS®
Bought with:
Garrett VaLeu
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 21981185
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Features: Laminate Hardwood
- Level: Main
- Area: 210 Square Feet
- Dimensions: 15X14
Bedroom 2
- Features: Carpet
- Level: Main
- Area: 169 Square Feet
- Dimensions: 13X13
Bedroom 3
- Features: Carpet
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11X10
Dining room
- Features: Vinyl
- Level: Main
- Area: 150 Square Feet
- Dimensions: 15X10
Great room
- Features: Carpet
- Level: Main
- Area: 266 Square Feet
- Dimensions: 19X14
Kitchen
- Features: Vinyl
- Level: Main
- Area: 135 Square Feet
- Dimensions: 15X09
Laundry
- Features: Vinyl
- Level: Main
- Area: 35 Square Feet
- Dimensions: 07X05
Heating
- Forced Air
Cooling
- Has cooling: Yes
Appliances
- Included: Dishwasher, Dryer, Disposal, Gas Oven, Refrigerator, Tankless Water Heater, Washer
Features
- Attic Access, Ceiling Fan(s), Pantry
- Has basement: No
- Attic: Access Only
- Number of fireplaces: 1
- Fireplace features: Great Room, Wood Burning
Interior area
- Total structure area: 1,525
- Total interior livable area: 1,525 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete, Garage Door Opener
- Attached garage spaces: 2
- Details: Garage Parking Other(Garage Door Opener)
Features
- Levels: One
- Stories: 1
Lot
- Size: 6,098 sqft
Details
- Parcel number: 490512114024000600
- Special conditions: As Is,Cosmetics Needed,Estate,Needs Updating,Pre-Foreclosure,Sales Disclosure Not Required
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl With Brick
- Foundation: Slab
Condition
- New construction: No
- Year built: 1998
Utilities & green energy
- Water: Municipal/City
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: Falcons Nest
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $275 annually
- Services included: Maintenance, Snow Removal
- Association phone: 317-875-5600
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2024 | Sold | $200,000+11.1%$131/sqft |
Source:  MIBOR as distributed by MLS GRID #21981185 Report a problem | ||
| 5/26/2024 | Pending sale | $180,000$118/sqft |
Source: MIBOR as distributed by MLS GRID #21981185 Report a problem | ||
| 5/25/2024 | Listed for sale | $180,000$118/sqft |
Source: MIBOR as distributed by MLS GRID #21981185 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,108 +8.8% | $215,300 +13.6% |
| 2024 | $1,937 +32.4% | $189,600 -2.1% |
| 2023 | $1,463 +8.9% | $193,700 +32.4% |
| 2022 | $1,344 +5.3% | $146,300 +8.9% |
| 2021 | $1,276 +3.2% | $134,400 +5.3% |
| 2020 | $1,237 +9.3% | $127,600 +3.2% |
| 2019 | $1,132 +1.4% | $123,700 +8.2% |
| 2018 | $1,116 -5.5% | $114,300 +2.4% |
| 2017 | $1,182 +17.4% | $111,600 -1.1% |
| 2016 | $1,006 +13.9% | $112,800 +14.1% |
| 2014 | $883 +48.4% | $98,900 +15.7% |
| 2013 | $595 | $85,500 +1.1% |
| 2012 | $595 | $84,600 +3% |
| 2011 | -- | $82,100 -1.2% |
| 2010 | $509 -10.4% | $83,100 -6.4% |
| 2009 | $568 | $88,800 -16.3% |
| 2007 | -- | $106,100 -3.9% |
| 2006 | -- | $110,400 +17.3% |
| 2005 | -- | $94,100 |
| 2004 | -- | $94,100 |
| 2003 | -- | $94,100 +34.4% |
| 2002 | -- | $70,000 +199.9% |
| 2001 | -- | $23,340 |
| 2000 | -- | $23,340 |
Find assessor info on the county website
Neighborhood: North High School
Nearby schools
GreatSchools rating
- 5/10Deer Run Elementary SchoolGrades: K-5Distance: 0.5 mi
- 3/10Guion Creek Middle SchoolGrades: 6-8Distance: 1.4 mi
- 4/10Pike High SchoolGrades: 9-12Distance: 2.2 mi
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Estimated market value
$229,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$229,400
- Indiana
- Marion County
- Indianapolis
- 46254
- North High School
- 5115 Flame Way
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