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(SOLD) $88,000

16 N Colorado Avenue Indianapolis, IN  46201

  • 4 Beds
  • 2 Baths
  • 2,719 sq. Ft

Property Description for 16 N Colorado Avenue Indianapolis, IN 46201

Investors, check this one out! This spacious home offers vintage charm, 4 bedrooms, including one on the main floor with original pocket door, and 2 full bathrooms, 1 down and 1 up, with over 2400 sq ft and a 300 sq ft basement. Most of the demo is completed with an option to take out the back stairway to make a master suite. Stairway to the basement has been moved to a more convenient location to open up the kitchen space for a more functional layout. Walk out the back door to the full deck across the back of the house, along with a full privacy-fenced backyard. Covered porch in the front still sporting the original wood front door. Exterior siding has been completely replaced with SmartLap siding. This home is ready for a rehab and facelift with your ideas and creativity. Several rehabs in the immediate area including directly across the street. Note its close proximity to historic Irvington, Fountain Square, and downtown Indy! ***Home is being sold AS-IS***
QuickBuy option for home selling

Address:16 N Colorado Avenue Indianapolis IN 46201
Status:Sold
Sold On: 2/2/2024
Price:$95,000
Bedrooms:4 Beds
Bathrooms:2 Full Baths
Sq. Feet:2,719
Year Built:1910
Lot Size:0.12
County: Marion
Township: Center NE
MLS #:21955962
Property Type:Single Family Residence

Lot Dimensions:5184
Lot Features:City Lot, Curbs, Not In Subdivision, Sidewalks, Mature Trees
Water Source:Other
Directions:GPS Friendly
Main Level Sq. Ft. :1,214
Upper Level Sq. Ft. :1,204
Total Sq. Ft. :2,719
Basement:Yes

Loan Price
$712
Price And Interest $459/month
Property Tax $216/month
MTG INS $0/month
HOME INS $37/month
Price
$88,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$216/month
Home Owner Insurance
$444 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Foyer 13 x 14.5 Main
Living Room 13 x 14.5 Main
Dining Room 14.5 x 14 Main
Primary Bedroom 12 x 13 Main
Kitchen 16 x 12 Main
Bedroom 2 12.5 x 14.5 Upper
Bedroom 3 12.5 x 13 Upper
Bedroom 4 9.5 x 10 Upper

Semi-Annual Property Tax:$1,298
Tax Year:2023
Mandatory HOA Fee:$

Area: 4912 - Marion - Center Ne
City:Indianapolis
Subdivision: Tuxedo Park
Zip Code:46201

Total Sq. Ft.:2,719
Interior Features:Entrance Foyer, Windows Wood
Interior Area(s):Laundry in Unit
Eating Area(s):Separate Room
Appliances:None
Exterior Type:Wood Siding
Fireplace(s):Living Room, Non Functional
Cool:None
Heat:No Heating
Water Heater:None
Total Rooms:7
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 16 N Colorado Avenue Indianapolis, IN  46201


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Listing provided courtesy of Rebecca Cline with Northbridge Realty, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 12/06/2023 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 421 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.

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