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$214,900 $5,000on 11/21/2024

1513 E Markwood Avenue Indianapolis, IN  46227

  • 3 Beds
  • 2 Baths
  • 1,232 sq. Ft

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Property Description for 1513 E Markwood Avenue Indianapolis, IN 46227

Located within walking distance of the University of Indianapolis, this cute 3 Bed, 2 Full bath home with 2 car garage is perfect for the Investor (NO HOA!), student housing, or a Family looking to make this cute house their home! NEW IN 2024: Roof (house and garage), gutters and downspouts!! Stepping inside you're welcomed by a sun-bathed Family Room. To the left are two secondary bedrooms and a full bath, perfect for kiddos, guests or an office. Walk a little further and the spacious Kitchen opens up with ALL NEW appliances (2023), beautiful hardwood floors, and tons of cabinet space. Washer and Dryer (included) are conveniently located just off of the large Dining area which provides access to the fabulous Screened-In Patio, just waiting for you to start your day with a hot cup of coffee or relax at the end of the day. The Owner's Retreat is massive and offers a walk-in-closet and private bath. The detached 2 car garage offers plenty of storage and is just a short walk to the house. Don't forget the Firepit tucked nicely in the backyard with plenty of privacy, just waiting for you to put it to good use on these cooler Fall evenings. This home is set in a nice neighborhood with convenient access to local schools, parks, shopping and is just a couple minutes from Hwy 31 and I-465. Don't miss this gem, come see it today!
QuickBuy option for home selling

Address:1513 E Markwood Avenue Indianapolis IN 46227
Status:Active
on site: 57 days
Price:$214,900
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,232
Year Built:1950
Lot Size:0.13
County: Marion
Township: Perry
MLS #:21996317
Property Type:Single Family Residence

Lot Dimensions:5445
Lot Features:Sidewalks, Street Lights, Mature Trees
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,232
Total Sq. Ft. :1,232

Loan Price
$1,378
Price And Interest $1,121/month
Property Tax $167/month
MTG INS $0/month
HOME INS $90/month
Price
$214,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$167/month
Home Owner Insurance
$1,080 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/21/24 $219,900 $214,900 -2.27%
11/08/24 $224,900 $219,900 -2.22%
10/25/24 $234,900 $224,900 -4.26%

RoomSizeLevel
Primary Bedroom 17x14 Main
Bedroom 2 12x09 Main
Bedroom 3 12x08 Main
Family Room 15x11 Main
Kitchen 13x12 Main
Dining Room 13x11 Main

Semi-Annual Property Tax:$1,000
Tax Year:2023
Other Disclosures:Sales Disclosure Supplements
Mandatory HOA Fee:$

Area: 4907 - Marion - Perry
Subdivision: Elders University Heights
Zip Code:46227

Total Sq. Ft.:1,232
Interior Features:Attic Access, Attic Pull Down Stairs, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Walk-in Closet(s), Windows Vinyl
Eating Area(s):Dining-L
Appliances:Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Gas Oven, Refrigerator, Washer
Equipment:Not Applicable, Smoke Alarm
Exterior Features:Outdoor Fire Pit, Storage Shed
Exterior Type:Vinyl Siding
Fireplace(s):Family Room, Insert, Gas Log
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Gas Oven, Refrigerator, Washer
Total Rooms:6
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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Listing provided courtesy of Robert Sorrell with Keller Williams Indy Metro NE from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/16/2024 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 1243 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.