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$780,000 ↓$70,000on 5/3/2024

6128 N College Avenue Indianapolis, IN  46220

  • 2,882 sq. Ft

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Property Description for 6128 N College Avenue Indianapolis, IN 46220

Excellent opportunity to own a commercial building in the heart of Broad Ripple. This 2 story building/office is located right on College Avenue across from the red line and is in walking distance to popular Broad Ripple retail spaces, restaurants, and businesses. The building was renovated to be a mixed use space offering a full service salon downstairs and office spaces upstairs. This ADA compliant space offers a waiting area, salon space, supply room, storage closet, and 2 restrooms on the lower level. The upper level offers 5 offices (or space for a conference room or shared working space in lieu of an office), a kitchen, a supply room, and 2 restrooms. Some of the most recent updates upstairs include new wallpaper, new doors, new trim, digital locks, updated electrical, updated lighting, additional HVAC vents, & a new water heater. The building also offers stereo surround sound and it's own parking lot in the rear of the building with 10 spaces including handicap parking.
QuickBuy option for home selling

Address:6128 N College Avenue Indianapolis IN 46220
Status:Active
on site: 50 days
Price:$780,000
Bathrooms:0
Sq. Feet:2,882
Year Built:1968
Lot Size:0.19
County: Marion
Township: Washington
MLS #:21970166
Property Type:Office

Lot Dimensions:8352
Zoning:D-4
Directions:GPS Friendly
Total Sq. Ft. :2,882

Loan Price
$5,905
Price And Interest $4,069/month
Property Tax $1,511/month
MTG INS $0/month
HOME INS $325/month
Price
$780,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$1,511/month
Home Owner Insurance
$3,900 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
05/03/24 $850,000 $780,000 -8.24%
04/04/24 $935,000 $850,000 -9.09%

Semi-Annual Property Tax:$9,067
Tax Year:2023
Mandatory HOA Fee:$

Area: 4903 - Marion - Washington
Zip Code:46220

Total Sq. Ft.:2,882
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Schools in 6128 N College Avenue Indianapolis, IN  46220


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Listing provided courtesy of Natalie Hightower with Hightower Homes LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 03/21/2024 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 2255 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.