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(SOLD) $240,000

4139 Bowman Avenue Indianapolis, IN  46227

  • 5 Beds
  • 2 Baths
  • 2,386 sq. Ft

Property Description for 4139 Bowman Avenue Indianapolis, IN 46227

****INCOME PRODUCING*** This home offers nearly 2,800 square feet of finished space including the newly remodeled basement. It has been rented to UIndy students for the last few years generating $2,100 per month in income. Features include a remodeled kitchen, new interior and exterior paint, etc. Currently there are 2 bedrooms in the basement, 2 bedrooms on the main floor and 1 bedroom upstairs. Each room has been generating $420 per month. Other features include a 2 car garage and dedicate parking in the rear of the property. Just 3 blocks from UIndy and 4 miles to downtown Indianapolis. This could be your primary residence or a solid investment property.
QuickBuy option for home selling

Address:4139 Bowman Avenue Indianapolis IN 46227
Status:Sold
Sold On: 3/15/2024
Price:$279,900
Bedrooms:5 Beds
Bathrooms:2 Full Baths
Sq. Feet:2,386
Year Built:1920
Lot Size:0.17
County: Marion
Township: Perry
MLS #:21951591
Property Type:Single Family Residence

Lot Dimensions:7405
Water Source:Municipal/City
Directions:South on Bowman Avenue from Hanna Avenue to home on the left.
Main Level Sq. Ft. :1,068
Upper Level Sq. Ft. :250
Total Sq. Ft. :2,386
Basement:Yes

Loan Price
$1,496
Price And Interest $1,252/month
Property Tax $144/month
MTG INS $0/month
HOME INS $100/month
Price
$240,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$144/month
Home Owner Insurance
$1,200 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Great Room 24x20 Main
Kitchen 13x9 Main
Sun Room 18x8 Main
Primary Bedroom 13x10 Main
Bedroom 2 10x12 Main
Bedroom 3 14x8 Upper
Sitting Room 13x8 Upper
Bedroom 4 12x12 Basement
Bedroom 5 12x12 Basement
12x10 Basement

Semi-Annual Property Tax:$863
Tax Year:2022
Mandatory HOA Fee:$

Area: 4907 - Marion - Perry
Subdivision: Elders
Zip Code:46227

Total Sq. Ft.:2,386
Interior Features:Attic Access, Eat-in Kitchen
Eating Area(s):Dining Combo/Kitchen
Appliances:Dishwasher, Dryer, Disposal, Electric Oven, Refrigerator, Washer
Exterior Type:Brick, Wood
Fireplace(s):Great Room
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, Disposal, Electric Oven, Refrigerator, Washer
Total Rooms:10
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 4139 Bowman Avenue Indianapolis, IN  46227


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Listing provided courtesy of Keith Turnbill with RE/MAX Advanced Realty from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/01/2023 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 1722 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.