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$1,650,000

1918 W Washington Street Indianapolis, IN 46222

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Property Description
The property consists of 2 studio units 16 one-bedroom apartments and 3 two-bed apartments. Current ownership has invested over $700,000 in improvements including gut-to-studs rebuild on 6 one-bedroom units, a roof, individual water heaters, and painting. The adjacent almost 8,000SF lot is included with the sale and could be the site for an additional 10-12 units for a phased development.
Address:1918 W Washington Street Indianapolis IN 46222
Status:Active
on site: 25 days
Price:$1,650,000
Bathrooms:0
Year Built:1930
Lot Size:0.57
County: Marion
Township: Center NW
MLS #:21861218
Property Type:Commercial Units - 5+

Lot Dimensions:24951
Road Frontage:HwyUS, City Street
Road Access:HwyUS, CityStreet
Road Surface:Asphalt
Lot Features:Access Street, Curbs, Street Lights, Zoned
Zoning:MFDwelling
Building Utilities:Separate Electric Meter, Cable Available, Municipal Sewer Connected, Municipal Water Connected, Storm Sewer
Directions:From West & Washington downtown, go west past White River State Park and the Indpls. Zoo approximately 1 mile to 1918 W. Washington St. on the north side of street, across the street from the CVS Pharmacy.
Sq. Ft. Source:Assessor
Basement:Yes
Loan Price
$9,880
Price And Interest $8,607/month
Property Tax $585/month
MTG INS $0/month
HOME INS $688/month
Price
$1,650,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$585/month
Home Owner Insurance
$8,256 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Kim Hazzard
Kim Hazzard

Senior Loan Officer

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Courtesy of Tucker Mortgage
Semi-Annual Property Tax:$3,511
Tax Year:2021
Financial Disclosures:Not Applicable
Other Disclosures:Not Applicable
Mandatory HOA Fee:$
Area: Center NW
Subdivision: TRAUBS
Zip Code:46222
Exterior Features:Not Applicable
Exterior Type:Brick
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 Cory Gardner with Gardner Property Group

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.