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(SOLD) $230,000

1240 Central Avenue Indianapolis, IN  46202

  • 2 Beds
  • 2 Baths
  • 1,040 sq. Ft

Property Description for 1240 Central Avenue Indianapolis, IN 46202

Step into this enchanting 2-bedroom, 1.5-bathroom row home located in the historic Old Northside, offering a rare opportunity to blend timeless architecture with modern living. The inviting living room is highlighted by a charming wood-burning fireplace w/ built-in shelving and an abundance of natural light.The main level features fresh paint, new flooring, and updated fixtures. Outfitted with stainless steel appliances and includes a convenient in-unit washer and dryer. Recent improvements include a new water heater, new exterior hardiplank, new garage door, regularly serviced HVAC system, and some windows have been recently replaced. This property shines with its standout feature-a private, fully fenced-in backyard oasis featuring fresh landscaping, mature shade trees and a gorgeous stamped concrete patio perfect for relaxation or entertaining. Situated within easy walking distance to Mass Ave, Bottleworks, and the best local dining and shopping, this home places you in the center of it all. Enjoy the vibrant downtown lifestyle at an attractive price point, free from the hassle of condo or HOA fees.
QuickBuy option for home selling

Address:1240 Central Avenue Indianapolis IN 46202
Status:Sold
Sold On: 11/29/2024
Price:$260,000
Bedrooms:2 Beds
Bathrooms:1 Full Baths, 1 Half Baths
Sq. Feet:1,040
Year Built:1983
Lot Size:0.07
County: Marion
Township: Center
MLS #:21998975
Property Type:Single Family Residence

Lot Dimensions:3093
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :520
Upper Level Sq. Ft. :520
Total Sq. Ft. :1,040

Loan Price
$1,505
Price And Interest $1,200/month
Property Tax $209/month
MTG INS $0/month
HOME INS $96/month
Price
$230,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$209/month
Home Owner Insurance
$1,152 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 14x14 Main
Kitchen 10x9 Main
Primary Bedroom 14x11 Upper
Bedroom 2 14x10 Upper

Semi-Annual Property Tax:$1,251
Tax Year:2023
Mandatory HOA Fee:$

Area: 4912 - Marion - Center Ne
City:Indianapolis
Subdivision: Morris
Zip Code:46202

Total Sq. Ft.:1,040
Interior Features:Built In Book Shelves, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Windows Thermal
Eating Area(s):Dining Combo/Kitchen
Appliances:Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer, Water Heater
Exterior Type:Brick
Fireplace(s):Woodburning Fireplce
Cool:Central Electric
Heat:Forced Air, Heat Pump
Water Heater:Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer, Water Heater
Total Rooms:6
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Shannon Gilbert with Highgarden Real Estate from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/28/2024 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

130
Avg. DOM
$187.92
Avg. $ / Sq.Ft.
$ 389,000
Med. List Price

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $1,436.60. 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 $265,000.00 and the average price per square feet is $153.99 per square feet. At the moment, the amount of homes listed is exactly 9886 houses, with 2272 with active status, 1101 with pending status and 6513 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 $3,058.56. 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 69 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 962 minutes ago.

At the moment we have 90 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 $38,900.00 . 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 2103.24 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.

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