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$177,000 ā†‘$2,000on 10/18/2024

221 N Temple Avenue Indianapolis, IN  46201

  • 3 Beds
  • 3 Baths
  • 1,500 sq. Ft

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Property Description for 221 N Temple Avenue Indianapolis, IN 46201

NEARLY COMPLETE NEW CONSTRUCTION and ready for showings. Was taken off market to allow for completion. This home is part of the Englewood CDC's Temple Avenue Townhome Project. Come see the transformation of this block from vacant to vibrant. These homes are conveniently located to downtown and Irvington. Tons of New Construction nearby, within walking distance of great restuarants, Thomas Gregg Elementary, Paramount MS/Purdue Polytechnic High School. Wonderful bike lane access from downtown to Irvington soon with the new two way New York conversion. This is a wonderful three bedroom, 2.5 bath home has s gorgeous kitchen with quartz counters and stainless steel appliances included in the sale. Convenient second story laundry room. Ensuite master bath. This is an affordable housing development by Englewood Community Development Corp. Buyer's income must qualify under current HUD Income Limits. Property must be owner-occupied. INCOME RESTRICTIONS APPLY WITHOUT EXCEPTION! HUD HOME Program Income Limits - total combined household income of all members 18+ cannot exceed the following income thresholds: Household of 1: $57,650, Household of 2: $65,850, Household of 3: $74,100, Household of 4: $82,300, Household of 5: $88,900, Household of 6: $95,500. Seller will collect income documentation for compliance. Home comes with builder warranty and 2/10 warranty. See associated documents for Application and Floor Plans. Four Duplex and Seven Townhomes Available. Property has been recently subdivided so taxes are incorrect. Applications considered in order received. Buyer monthly payment cannot be over 30% of their monthly income.
QuickBuy option for home selling

Address:221 N Temple Avenue Indianapolis IN 46201
Status:Active
on site: 208 days
Price:$177,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:1,500
Year Built:2024
Lot Size:0.06
County: Marion
Township: Center
MLS #:21972552
Property Type:Townhouse

Lot Dimensions:2500
Lot Features:Busline, City Lot, Curbs, Sidewalks
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :750
Upper Level Sq. Ft. :750
Total Sq. Ft. :1,500

Loan Price
$997
Price And Interest $923/month
Property Tax $0/month
MTG INS $0/month
HOME INS $74/month
Price
$177,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$888 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/18/24 $175,000 $177,000 1.14%
08/12/24 $195,000 $175,000 -10.26%

RoomSizeLevel
Primary Bedroom 12x11 Upper
Family Room 19x14.5 Main
Kitchen 16x11 Main
Bedroom 2 11x9 Upper
Bedroom 3 10x9 Upper

Semi-Annual Property Tax:$000
Tax Year:2022
Other Disclosures:Not Applicable
Mandatory HOA Fee:$

Area: 4912 - Marion - Center Ne
Subdivision: Ogle Etal East Park
Zip Code:46201

Total Sq. Ft.:1,500
Interior Features:Center Island, Hi-Speed Internet Availbl, Pantry, Windows Vinyl
Interior Area(s):Laundry in Unit
Eating Area(s):Dining Combo/Family Room
Appliances:Dishwasher, Dryer, Electric Water Heater, ENERGY STAR Qualified Appliances, Microwave, Electric Oven, Refrigerator, Washer, Water Heater
Equipment:Radon System
Exterior Features:Not Applicable
Exterior Type:Wood Siding
Cool:Central Electric
Heat:Forced Air, Heat Pump
Water Heater:Dishwasher, Dryer, Electric Water Heater, ENERGY STAR Qualified Appliances, Microwave, Electric Oven, Refrigerator, Washer, Water Heater
Total Rooms:5
Tucker Customer Care, REALTORĀ®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of David G Price with Fathom Realty from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 04/04/2024 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

81
Avg. DOM

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $20,825.47. 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 Down. The average house price is $269,000.00 and the average price per square feet is $156.25 per square feet. At the moment, the amount of homes listed is exactly 13891 houses, with 2412 with active status, 1216 with pending status and 10263 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 $3,194.02. 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 68 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 1370 minutes ago.

At the moment we have 105 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $7,750,000.00. 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 $45,900.00 . 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 1827 and the newest built house is in year 2025.

The average size of properties in Indianapolis is 2112.74 sq.ft. , the biggest one being 13549 sq.ft. and the smaller being 252 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.