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$170,000 ↓$5,000on 11/15/2024

1645 N Somerset Avenue Indianapolis, IN  46222

  • 2 Beds
  • 1 Baths
  • 1,404 sq. Ft

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Property Description for 1645 N Somerset Avenue Indianapolis, IN 46222

Check out this cozy nest, perfect for settling down or launching your next big adventure! This freshly updated home features two comfortable bedrooms with an updated bathroom to share. The kitchen boasts shiny white cabinets and a quaint breakfast area. Step into the vast great room to stretch out, relax, or have joyful gatherings. The covered front porch invites you to enjoy tranquil mornings with a cup of coffee or relax with a book, while the vast backyard is a canvas waiting for your imaginative touches. Featuring a mini barn for extra storage and an open patio, it's perfect for summer barbecues or a safe play haven for kids and pets alike. Laundry facilities are located in the basement - making wash day a breeze. This unfinished space has many possibilities - a home gym, an office, and storage space. Living here means you're moments away from the thrills of Speedway, yet tucked away in a peaceful residential setting-a blend rarely found! It's not just a house; it's your potential home sweet home, complete! Come by and see why this little gem should be your next big move!
QuickBuy option for home selling

Address:1645 N Somerset Avenue Indianapolis IN 46222
Status:Active
on site: 61 days
Price:$170,000
Bedrooms:2 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,404
Year Built:1930
Lot Size:0.12
County: Marion
Township: Wayne
MLS #:22006644
Property Type:Single Family Residence

Lot Dimensions:5271
Lot Features:Mature Trees
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :936
Total Sq. Ft. :1,404
Basement:Yes

Loan Price
$1,065
Price And Interest $887/month
Property Tax $107/month
MTG INS $0/month
HOME INS $71/month
Price
$170,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$107/month
Home Owner Insurance
$852 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/15/24 $175,000 $170,000 -2.86%

RoomSizeLevel
Great Room 12x25 Main
Primary Bedroom 11x11 Main
Kitchen 07x11 Main
Laundry 06x08 Basement
Breakfast Room 07x09 Main
Bedroom 2 11x11 Main

Semi-Annual Property Tax:$643
Tax Year:2023
Mandatory HOA Fee:$

Area: 4909 - Marion - Wayne
City:Indianapolis
Subdivision: Rainbow Ridge
Zip Code:46222

Total Sq. Ft.:1,404
Interior Features:Attic Access, Eat-in Kitchen, Windows Vinyl, Wood Work Painted
Eating Area(s):Dining Combo/Kitchen
Appliances:Dryer, Disposal, MicroHood, Electric Oven, Refrigerator, Washer
Exterior Features:Barn Storage
Exterior Type:Brick, Vinyl Siding
Cool:Central Electric
Heat:Forced Air
Water Heater:Dryer, Disposal, MicroHood, Electric Oven, Refrigerator, Washer
Total Rooms:5
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 Jamie Suchotzky with Red Hot, REALTORS LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/13/2024 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 1666 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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