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$286,000 ↓$4,000on 5/13/2024

31 E Palmer Street Indianapolis, IN  46225

  • 3 Beds
  • 2 Baths
  • 1,454 sq. Ft

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Property Description for 31 E Palmer Street Indianapolis, IN 46225

Beautiful 3 bedroom 2 bath home that was totally rehabbed. Location is close to downtown and Fountain Square. No stone unturned for this new home. Open concept living room, kitchen and dining area with large windows for natural light. Center island perfect with a breakfast bar and black stainless farm sink. White shaker 42" wall cabinets with granite counter tops. Oversized walk in pantry for extra storage. New stainless appliances spark this kitchen. Primary bedroom separate from other bedrooms. Nice size walk in closet. Bath has walk in shower and double sinks. Laundry room convenient on the main floor. Basement is dry with all new furnace and water heater. This area spacious for extra storage. The exterior of the home has a 14X12 front covered deck for those rainy days and a 16X12 rear uncovered deck for the sunny days. Home is on two lots. Plenty of room for a garden around the cherry and apple tree. Lot is partially fenced. Currently there is an one garage on the property. Seller will remove this garage and build a 24X22 two car garage for an additional $20,000 on the sale price. Building permits have been applied for.
QuickBuy option for home selling

Address:31 E Palmer Street Indianapolis IN 46225
Status:Active
on site: 13 days
Price:$286,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,454
Year Built:1890
Lot Size:0.08
County: Marion
Township: Center
MLS #:21977566
Property Type:Single Family Residence

Lot Dimensions:3354
Lot Features:Access, Corner Lot, Curbs, Not In Subdivision, Sidewalks, Street Lights, Trees-Small (Under 20 Ft)
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,334
Total Sq. Ft. :1,454
Basement:Yes

Loan Price
$1,738
Price And Interest $1,492/month
Property Tax $127/month
MTG INS $0/month
HOME INS $119/month
Price
$286,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$127/month
Home Owner Insurance
$1,428 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
05/13/24 $290,000 $286,000 -1.38%

RoomSizeLevel
Living Room 15X14 Main
Dining Room 17X17 Main
Kitchen 17X9 Main
6X4 Main
Primary Bedroom 12X11 Main
Bedroom 2 12X10 Main
Bedroom 3 12X11 Main

Semi-Annual Property Tax:$760
Tax Year:2023
Mandatory HOA Fee:$

Area: 4913 - Marion - Center Se
City:Indianapolis
Subdivision: Franks S Meridian St
Zip Code:46225

Total Sq. Ft.:1,454
Interior Features:Breakfast Bar, Raised Ceiling(s), Center Island, Paddle Fan, Eat-in Kitchen, Pantry, Screens Complete, Walk-in Closet(s), Windows Vinyl, Wood Work Painted
Interior Area(s):Laundry in Unit
Eating Area(s):Dining Combo/Kitchen
Appliances:Dishwasher, Electric Water Heater, Disposal, Microwave, Gas Oven, Refrigerator, Water Heater
Equipment:Radon System, Smoke Alarm, Sump Pump
Exterior Type:Wood Siding
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Electric Water Heater, Disposal, Microwave, Gas Oven, Refrigerator, Water Heater
Total Rooms:6
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Schools in 31 E Palmer Street Indianapolis, IN  46225


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Listing provided courtesy of Audrey Satterblom with A.S.A.P. Real Estate from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 05/03/2024 12:00 AM. 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.



Indianapolis Market Report

78
Avg. DOM
$165.44
Avg. $ / Sq.Ft.
$ 289,000
Med. List Price

The house prices in Indianapolis are not dropping at the moment. There has been a increase in price of $558.50. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Indianapolis are going Up. The average house price is $290,000.00 and the average price per square feet is $165.93 per square feet. At the moment, the amount of homes listed is exactly 11610 houses, with 1489 with active status, 1503 with pending status and 8618 sold in Indianapolis .

The most popular place to buy a home in Indianapolis is 4903 - Marion - Washington. 4903 - Marion - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Indianapolis .

The average amount of property taxes you would have to pay for a home in Indianapolis is $3,048.12. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Indianapolis are staying listed for an average of 78 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Indianapolis was 828 minutes ago.

At the moment we have 30 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $5,500,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Indianapolis is $35,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Indianapolis in year 1850 and the newest built house is in year 2024.

The average size of properties in Indianapolis is 2194.9 sq.ft. , the biggest one being 11598 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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