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(SOLD) $290,000

5920 Cabot Drive Indianapolis, IN  46221

  • 3 Beds
  • 3 Baths
  • 2,480 sq. Ft

Property Description for 5920 Cabot Drive Indianapolis, IN 46221

Welcome to this traditional American style home, whether relaxing on the patio or the back porch in the spacious enclosed backyard! Cozy office on the main floor, large living room, and multiple options for dining. Sweet reading nook off the kitchen opens to the backyard with porch and pergula to enjoy an Indiana sunset. Upstairs boasts a large loft area and three bedrooms. Huge primary bedroom has an en suite bathroom with double sinks and a walk-in closet. Two sweet extra bedrooms share a full bathroom with tub and shower combo. No hauling laundry up and down the stairs, since the laundry room is upstairs off the loft space! One owner home meticulously cared for, don't miss this one!

Address:5920 Cabot Drive Indianapolis IN 46221
Status:Sold
Sold On: 5/1/2024
Price:$290,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:2,480
Year Built:2005
Lot Size:0.22
County: Marion
Township: Decatur
MLS #:21968039
Property Type:Single Family Residence

Lot Dimensions:9627
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,120
Upper Level Sq. Ft. :1,360
Total Sq. Ft. :2,480

Loan Price
$1,984
Price And Interest $1,513/month
Property Tax $350/month
MTG INS $0/month
HOME INS $121/month
Price
$290,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$350/month
Home Owner Insurance
$1,452 / year
HOA Dues
$23 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Great Room 15x29.5 Main
Dining Room 9x9 Main
Kitchen 12x10 Main
8x7 Upper
Primary Bedroom 16x16 Upper
Bedroom 2 11x11 Upper
Bedroom 3 11x11 Upper
Loft 15x15 Upper
Office 9.5x9.5 Main

Semi-Annual Property Tax:$2,100
Tax Year:2023
Mandatory HOA Fee:$273
HOA Fee Paid:Annually

Area: 4908 - Marion - Decatur
Subdivision: Oak Trace
Zip Code:46221

Total Sq. Ft.:2,480
Interior Features:Center Island, Eat-in Kitchen, Walk-in Closet(s)
Eating Area(s):Dining Combo/Family Room, Dining Combo/Kitchen
Appliances:Gas Cooktop, Dishwasher, Disposal, Gas Water Heater, Gas Oven, Range Hood, Refrigerator, Water Softener Owned
Exterior Type:Vinyl With Brick
Fireplace(s):Woodburning Fireplce
Cool:Central Electric
Heat:Gas
Water Heater:Gas Cooktop, Dishwasher, Disposal, Gas Water Heater, Gas Oven, Range Hood, Refrigerator, Water Softener Owned
Total Rooms:9
Tiare Smith, REALTOR®/Broker, F. C. Tucker Company
Tiare Smith
Phone (317) 689-7069
Additional Phone (317) 844-4200
F.C. Tucker Company

Listing provided courtesy of Tiare Smith with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 03/11/2024 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 1377 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.