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(SOLD) $85,000

2040 N Drexel Avenue Indianapolis, IN  46218

  • 3 Beds
  • 1 Baths
  • 1,820 sq. Ft

Property Description for 2040 N Drexel Avenue Indianapolis, IN 46218

This charming and cozy 3 bed, 1 bath home is perfect for home buyers looking for a comfortable and practical living space, or investors looking for a profitable rental property. There is lots of storage throughout the home, including an unfinished basement and garage. The backyard features a deck, partial privacy fence, and 1-car garage. With its many features, this home is a great opportunity for anyone looking for a quality living space or investment property. The home is just missing some cosmetic TLC and some minor repairs in order to become a wonderful home for someone. It's just waiting for your finishing touches. Don't miss your chance to make this home your own today!
QuickBuy option for home selling

Address:2040 N Drexel Avenue Indianapolis IN 46218
Status:Sold
Sold On: 3/29/2024
Price:$89,900
Bedrooms:3 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,820
Year Built:1947
Lot Size:0.16
County: Marion
Township: Center NE
MLS #:21921172
Property Type:Single Family Residence

Lot Dimensions:6795
Water Source:Community Water
Directions:From 465 S to 70 E, take exit 87 to Emerson Ave. Turn left onto Emerson Ave, then right onto E 21st St, followed by a left onto N Drexel Ave. The home will be on your right.
Main Level Sq. Ft. :728
Upper Level Sq. Ft. :364
Total Sq. Ft. :1,820
Basement:Yes

Loan Price
$598
Price And Interest $443/month
Property Tax $120/month
MTG INS $0/month
HOME INS $35/month
Price
$85,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$120/month
Home Owner Insurance
$420 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Kitchen 10x10 Main
Primary Bedroom 11x10 Main
Bedroom 2 11x10 Main
Bedroom 3 11x10 Upper

Semi-Annual Property Tax:$720
Tax Year:2021
Mandatory HOA Fee:$

Area: 4912 - Marion - Center Ne
City:Indianapolis
Subdivision: Glenridge
Zip Code:46218

Total Sq. Ft.:1,820
Interior Features:Attic Access, Hardwood Floors, Eat-in Kitchen
Eating Area(s):None
Appliances:Electric Water Heater
Exterior Type:Vinyl With Stone
Cool:None
Heat:Forced Air, Gas
Water Heater:Electric Water Heater
Total Rooms:7
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 2040 N Drexel Avenue Indianapolis, IN  46218


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Listing provided courtesy of Ryan Rominger with Compass Indiana, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 03/12/2024 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 919 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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