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$1,800,000 ↓$200,000on 8/27/2024

1420 W Edgewood Avenue Indianapolis, IN  46217

  • 3 Beds
  • 2 Baths
  • 2,912 sq. Ft
EXPLORE TUCKER LUXURY

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Property Description for 1420 W Edgewood Avenue Indianapolis, IN 46217

**INVESTOR OPPORTUNITY** This expansive 2 acre property in Perry Township is PRIME for multi-use opportunity! The property includes 3 buildings for additional storage or workspace. With two entry access points onto the property from West Edgewood Avenue and South Harding Street, you have convenient options for coming and going. Zoned residential, this property also has the potential to be rezoned as commercial, making it a versatile opportunity for your business ventures. Located minutes to I-465 and downtown Indianapolis, this property offers both privacy and accessibility.

Address:1420 W Edgewood Avenue Indianapolis IN 46217
Status:Active
on site: 270 days
Price:$1,800,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:2,912
Year Built:1952
Lot Size:2.21
County: Marion
Township: Perry
MLS #:21968025
Property Type:Single Family Residence
Buyer Broker Compensation: 2.5%
Any compensation may only be paid to a licensed real estate broker.

Lot Dimensions:96268
Lot Features:Access, Corner Lot, Not In Subdivision, Mature Trees
Water Source:Private Well
Directions:East on Edgewood from Harding Street. Property on left side of street.
Main Level Sq. Ft. :1,456
Total Sq. Ft. :2,912
Basement:Yes

Loan Price
$10,381
Price And Interest $9,390/month
Property Tax $241/month
MTG INS $0/month
HOME INS $750/month
Price
$1,800,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$241/month
Home Owner Insurance
$9,000 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
08/27/24 $2,000,000 $1,800,000 -10%

RoomSizeLevel
Primary Bedroom 13x10 Main
Bedroom 2 14x11 Main
Bedroom 3 13x10 Main

Semi-Annual Property Tax:$1,448
Tax Year:2022
Mandatory HOA Fee:$

Area: 4907 - Marion - Perry
City:Indianapolis
Subdivision: No Subdivision
Zip Code:46217

High School:Perry Meridian High School
Middle School:Perry Meridian Middle School
Elementary School:Abraham Lincoln Elementary School

Total Sq. Ft.:2,912
Interior Features:Hardwood Floors
Eating Area(s):Dining Combo/Kitchen
Appliances:None
Exterior Features:Barn Storage, Storage Shed
Exterior Type:Stone
Cool:Central Electric
Heat:Gas
Water Heater:None
Total Rooms:6
EXPLORE TUCKER LUXURY
Ashley Wright, REALTOR®/Broker, F. C. Tucker Company
Ashley Wright
Phone (317) 366-4983
Additional Phone (317) 210-9570
F.C. Tucker Company
VISIT MY PROFILE
Lindsey Smalling, REALTOR®/Broker, F. C. Tucker Company
Co-Listing Agent
Lindsey Smalling
(317) 435-5914
VISIT MY PROFILE

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

Based on information submitted to the MLS GRID as of 03/16/2024 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 694 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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