14 days on rocket

Sale Pending

5516 Linda Ln, Indianapolis, IN, 46241

$89,900

Home List Price

$1,068*

Closing Credit

4 Bedrooms
2 Full Baths
1,728 SqFt
$52/SqFt
House
Schools Nearby

Location

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5516 Linda Ln, Indianapolis$89,900

Buyer Closing Credits

$1,068*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1963
HeatingForced Air, Natural Gas
CoolingCentral Air, Attic Fan, Window Unit(s)
MLS #21968967
Lot Size0.20 Acres
StatusSale Pending
(Pending)

About 5516 Linda Ln

Stunning value on this spacious 4-Bed/2 Bath Split-Level in popular Cloverleaf neighborhood. Located in Wayne Township schools, area is close to schools, interstates, parks & shopping. Quiet, wooded lot with privacy fence, storage shed, fully enclosed back yard & off-street parking. Updated exterior includes dimensional roof, vinyl windows, vinyl siding. Interior features hardwood floors, multiple living areas, bonus room area that could be converted back to attached garage & more. Master Bedroom Suite on main level is setup to be finished again with walk-in closet, full Bathroom. Lots of upside to this one. Must see!

Property Details

Property Features

Property Information:

  • Architectural Style: Multi-Level
  • Year Built: 1963
  • Living Area: 1,728 SqFt

Listing Office:

  • Office Name: Keller Williams Indy Metro S
  • Office Email: chrisprice@indypropertysource.com
  • Listing Agent: Chris Price

Interior Features

Interior Information:

  • Appliances: None, Water Heater
  • Basement: No
  • Interior: Attic Access, Built In Book Shelves, Hardwood Floors, Eat-in Kitchen, Programmable Thermostat, Supplemental Storage, Walk-in Closet(s), Windows Vinyl, Windows Wood, Wood Work Painted, Wood Work Stained

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Barn Mini

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Attic Fan, Window Unit(s)

School Info

Assigned Schools Information:

  • Ben Davis High School, Public District Grades 10-12
  • Lynhurst 7th & 8th Grade Center, Public District Grades 7-8
  • Rhoades Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: From Washington Street west, turn right on Lynhurst Drive, left on Bertha Street, Left on Worth Avenue, right on Linda Lane. Property will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $89,900
  • Price Per SqFt: $52/SqFt

Tax Information:

  • Annual Amount: $3,358
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$239.7K

Med. Price/SqFt

$135

Avg. Days On Market

45

# of Sold Homes

989

5516 Linda Ln vs Indianapolis

14 DAYS ON ROCKET

-31 Days

$89,900

-$149.8K Less

$52/SqFt

-$83 Less

KEY TAKEAWAY

This property is $149.8K less than the Median Sold Price and $83/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: #21968967

Listing Office:

  • Office Name: Keller Williams Indy Metro S
  • Office Email: chrisprice@indypropertysource.com
  • Listing Agent: Chris Price

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: 4/29/2024, 11:46:14 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

Nov 20, 2018Home Sold
$132,000
Oct 07, 2006Home Sold
$110,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,358$133,800
2019$1,438$124,200
2018$1,413$90,500
2017$1,291$87,400

History based on county public records data.

Payment Calculator

$516

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$336

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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.

Elementary School

school-card-donut-3443290
2
/10
  • Rhoades Elementary School

  • 502 S Auburn St

  • 0.54 miles

  • Public District Grades PK-6

Middle School

school-card-donut-3443291
5
/10
  • Lynhurst 7th & 8th Grade Center

  • 2805 S Lynhurst Dr

  • 2.51 miles

  • Public District Grades 7-8

High School

school-card-donut-3443292
2
/10
  • Ben Davis High School

  • 1200 N Girls School Rd

  • 2.52 miles

  • Public District Grades 10-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,897. The majority of Indianapolis, IN residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5516 Linda Ln

What is the listing price of this property?

The listing price of 5516 Linda Ln property is $89,900.

What type of property is this?

The property 5516 Linda Ln is a house located in Indianapolis, Indiana, 46241.

Is this property for sale now?

Sale Pending: 5516 Linda Ln is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 5516 Linda Ln are:
Rhoades Elementary School: GreatSchools Rating 2/10
Lynhurst 7th & 8th Grade Center: GreatSchools Rating 5/10
Ben Davis High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,358 (source: MLS/based on county public records data).

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

The last sale was on November 20, 2018 for $132,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5516 Linda Ln has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5516 Linda Ln is 1,728 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5516 Linda Ln is 1963.

Rocket HomesIndianaMarion CountyIndianapolis462415516 Linda Ln

This home is located at 5516 Linda Ln in Indianapolis, IN and zip code 46241 in the Cloverleaf Farms neighborhood. This 1,728 square foot home, which was built in 1963, sits on a 0.20 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $89,900.

Over 225 listings were sold over their listed price in March 2024 in Indianapolis, IN. In the same period over 502 listings were sold below the listed price and 262 listings were sold for the listed price. The number of homes for sale in Indianapolis, IN increased by 7.4% between February 2024 and March 2024. The median list price of listings available in March 2024 was $239,776, while the average time on the real estate market was 45 days.

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

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