×
  • Left arrow.Go Back

  • Share

  • Add Note

  • Email to Friend

  • Ask a Question

  • Print

  • Heart Icon.Save

$379,000 $20,900on 4/27/2024

8551 Olde Mill Trace Indianapolis, IN  46260

  • 2 Beds
  • 2 Baths
  • 1,916 sq. Ft

Property Description for 8551 Olde Mill Trace Indianapolis, IN 46260

A beautifully situated condo at the end of Old Mill Trace overlooking one of the prettiest views of a pond and green space. Traditional floor plan, newly painted and empty for quick possession! Beautiful, large Great Room with gas fireplace, built-in bookshelves with cupboards below, plus deep crown molding. Sliders lead to an oversized patio, spacious for summer entertaining. Dining Room features chair rail, crown molding and looks into the Great Room. The Kitchen has plenty of cupboards, all appliances plus broom closet and pantry. Cheerful Breakfast Room looks out onto front brick patio and lovely garden. The Primary Bedroom also overlooks the water and green space and has two separate walk-in closets. Primary bath has vanity with double sinks, large shower, tile floor and linen closet. 2nd Bedroom looks out the front of the condo onto the patio and garden. It features one large closet and built-in desk area. The second Bath has tub/shower combo, white tile floor and tub surround. Priced for your renovation ideas.

Address:8551 Olde Mill Trace Indianapolis IN 46260
Status:Active
on site: 87 days
Price:$379,000
Bedrooms:2 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,916
Year Built:1983
Lot Size:0.32
County: Marion
Township: Washington
MLS #:21952340
Property Type:Condominium
Buyer Broker Compensation: 3%
Any compensation may only be paid to a licensed real estate broker.

Lot Dimensions:13835
Lot Features:Cul-De-Sac, Curbs, Street Lights, Mature Trees, Trees-Small (Under 20 Ft)
Water Source:Municipal/City
Directions:From Meridian St, go west on 86th St to Olde Mill entrance on the left (south side). Turn right upon entering and follow to Olde Mill Trace (2nd cul de sac) on the left.
Main Level Sq. Ft. :1,916
Total Sq. Ft. :1,916

Loan Price
$2,457
Price And Interest $1,977/month
Property Tax $322/month
MTG INS $0/month
HOME INS $158/month
Price
$379,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$322/month
Home Owner Insurance
$1,896 / year
HOA Dues
$571 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
04/27/24 $399,900 $379,000 -5.23%
02/27/24 $425,000 $399,900 -5.91%

RoomSizeLevel
Primary Bedroom 16 x 13 Main
Bedroom 2 13 x 11 Main
Great Room 19 x 19 Main
Dining Room 15 x 13 Main
Kitchen 10 x 11 Main
Breakfast Room 10 x 8 Main
Foyer 15 x 6 Main
7 x 6 Main

Semi-Annual Property Tax:$1,931
Tax Year:2024
Other Disclosures:Not Applicable
Mandatory HOA Fee:$2,284
HOA Fee Paid:Quarterly

Area: 4903 - Marion - Washington
Subdivision: Olde Mill
Zip Code:46260

Total Sq. Ft.:1,916
Interior Features:Attic Access, Bath Sinks Double Main, Built In Book Shelves, Entrance Foyer, Hi-Speed Internet Availbl, Pantry, Screens Some, Walk-in Closet(s), Window Bay Bow, Windows Thermal, Windows Wood, Wood Work Painted
Interior Area(s):Bedroom Other on Main, Laundry in Unit, Living Room Formal
Eating Area(s):Breakfast Room, Formal Dining Room
Appliances:Dishwasher, Dryer, Disposal, Gas Water Heater, Humidifier, Laundry Connection in Unit, MicroHood, Electric Oven, Refrigerator, Washer
Equipment:Security Alarm Paid, Smoke Alarm
Exterior Type:Brick
Fireplace(s):Gas Log, Great Room, Masonry
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, Disposal, Gas Water Heater, Humidifier, Laundry Connection in Unit, MicroHood, Electric Oven, Refrigerator, Washer
Total Rooms:6
Nancy Meek, REALTOR®/Broker, F. C. Tucker Company
Nancy Meek
Phone (317) 507-5211
Additional Phone (317) 844-4200
F.C. Tucker Company

Schools in 8551 Olde Mill Trace Indianapolis, IN  46260


Get more information

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

Based on information submitted to the MLS GRID as of 02/01/2024 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

79
Avg. DOM
$166.08
Avg. $ / Sq.Ft.
$ 290,000
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 1379 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.