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$230,000 ↓$15,000on 4/20/2024(Pending)

534 E 40th Street Indianapolis, IN  46205

  • 2 Beds
  • 1 Baths
  • 2,445 sq. Ft

Property Description for 534 E 40th Street Indianapolis, IN 46205

Meridian-Kessler | Welcome to this 2-bedroom, 1 bath bungalow that is just minutes from popular restaurants like Root&Bone, Gallery Pastry Shop, Upland Brewing Co, and several other SoBro Staples. Quality craftsmanship is shown in the professionally refinished hardwood floors, painted brick faux fireplace, and built-in bookcases. Updated kitchen with stainless appliances and new engineered stone Anya Quartz Nero Marquina countertops with added bar for additional dining/entertaining options. Upgraded privacy fence surrounds private deck/back yard & creates a great space for outdoor entertaining. Perennial landscaping has been added & makes for an easy transition come spring. Great location within walking distance to College Ave shops, restaurants and library. Less than 5-minute drive to Broad Ripple or downtown Indy and 2 blocks to Redline! Basement has finished bonus room that has a ceramic tile floor, closet and is being used for a media/exercise room.
QuickBuy option for home selling

Address:534 E 40th Street Indianapolis IN 46205
Status:Pending
on site: 158 days
Price:$230,000
Bedrooms:2 Beds
Bathrooms:1 Full Baths
Sq. Feet:2,445
Year Built:1917
Lot Size:0.06
County: Marion
Township: Washington
MLS #:21953567
Property Type:Single Family Residence

Lot Dimensions:2701
Lot Features:Sidewalks
Water Source:Municipal/City
Directions:College Avenue to 40th Street, West to home.
Main Level Sq. Ft. :1,261
Total Sq. Ft. :2,445
Basement:Yes

Loan Price
$1,464
Price And Interest $1,200/month
Property Tax $168/month
MTG INS $0/month
HOME INS $96/month
Price
$230,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$168/month
Home Owner Insurance
$1,152 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
04/20/24 $245,000 $230,000 -6.12%
04/04/24 $249,000 $245,000 -1.61%
03/08/24 $255,000 $249,000 -2.35%
01/28/24 $264,900 $255,000 -3.74%
12/06/23 $269,900 $264,900 -1.85%

RoomSizeLevel
Dining Room 10 x 15 Main
Living Room 18 x 13 Main
Primary Bedroom 12 x 12 Main
Bedroom 2 12 x 11 Main
Kitchen 17 x 9 Main
Bonus Room 16 x 14 Basement

Semi-Annual Property Tax:$1,010
Tax Year:2023
Mandatory HOA Fee:$

Area: 4903 - Marion - Washington
City:Indianapolis
Subdivision: Northern Heights
Zip Code:46205

Total Sq. Ft.:2,445
Interior Features:Breakfast Bar, Built In Book Shelves, Hardwood Floors, Screens Some, Wood Work Painted
Eating Area(s):Formal Dining Room
Appliances:Gas Water Heater, Electric Oven, Refrigerator
Equipment:Smoke Alarm, Sump Pump
Exterior Type:Vinyl Siding
Fireplace(s):Living Room, Other
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Gas Water Heater, Electric Oven, Refrigerator
Total Rooms:6
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 534 E 40th Street Indianapolis, IN  46205


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Listing provided courtesy of Susan Webb with Homes & Homesites from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/19/2023 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

79
Avg. DOM
$167.47
Avg. $ / Sq.Ft.
$ 292,160
Med. List Price

The house prices in Indianapolis are not dropping at the moment. There has been a increase in price of $4,803.52. 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 $289,000.00 and the average price per square feet is $167.78 per square feet. At the moment, the amount of homes listed is exactly 11225 houses, with 1458 with active status, 1439 with pending status and 8328 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 $2,893.41. 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 77 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 1086 minutes ago.

At the moment we have 61 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $6,000,000.00. 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 $1.00 . 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 2174.45 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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