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$639,900

16411643 Cornell Avenue Indianapolis, IN  46202

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Property Description for 16411643 Cornell Avenue Indianapolis, IN 46202

House Hackers - Take note! This versatile home offers the perfect opportunity for first-time investors or co-housing! Use it as an investment and cut your monthly expenses in half OR MORE! This fully furnished home features 6 bedrooms, 2 living areas, 2 kitchens, and 2 dining/flex spaces, plus a total of four baths, which can be opened up for communal living or completely divided and closed off with a fire-rated steel door concealed by a sliding barn door! Share this home and purchase with friend(s) or family, OR if you're looking for extra income, keep it set up as a fully furnished rental! Utilities are metered separately. Large living areas feature electric fireplaces, and an adjacent dining area can also be used as an office or playroom. The updated kitchens boast stainless appliances, engineered stone countertops, and white cabinets with pantries. Front porches offer space for outdoor entertaining as does the large backyard. Off-street paved parking is available in the rear. In this challenging economy, consider this a way to make your life easier! Only one block from the Monon Trail and just minutes from IUPUI, Lucas Oil, Mass Ave/Bottleworks, hospitals (perfect for travel nurse guests), the convention center, and all the best Indy has to offer. Secure primary residence financing on your future profitable double furnished rental! Homes on this street have sold for $1M+!!!
QuickBuy option for home selling

Address:16411643 Cornell Avenue Indianapolis IN 46202
Status:Active
on site: 94 days
Price:$639,900
Bathrooms:0
Year Built:1997
Lot Size:0.12
County: Marion
Township: Center
MLS #:22001140
Property Type:Duplex

Lot Dimensions:5358
Road Frontage:City Street
Road Access:Access Rd
Road Surface:Asphalt
Lot Features:On Trail
Directions:GPS Friendly
Basement:Yes

Loan Price
$4,311
Price And Interest $3,338/month
Property Tax $706/month
MTG INS $0/month
HOME INS $267/month
Price
$639,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$706/month
Home Owner Insurance
$3,204 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$4,236
Tax Year:2023
Mandatory HOA Fee:$

Area: 4912 - Marion - Center Ne
Subdivision: A C Shortridges Sub
Zip Code:46202

Cool:Central Electric
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 Kristen Yazel with CENTURY 21 Scheetz from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/10/2024 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 1539 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.