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$385,000 $15,000on 3/11/2024(Pending)

1931 N Auburn Street Indianapolis, IN  46224

  • 4 Beds
  • 3 Baths
  • 1,920 sq. Ft

Property Description for 1931 N Auburn Street Indianapolis, IN 46224

Step into your dream home or investment opportunity, perfectly situated near the electrifying atmosphere of the Indianapolis Motor Speedway! This remarkable property offers everything you've ever desired and more. Meticulously renovated with unparalleled attention to detail in 2020, no expense was spared in crafting this true masterpiece. Featuring a newly added 4th bedroom and two additional full baths in the basement, this home is expertly tailored for lucrative short-term rental success. Beyond being a sanctuary, this home presents an enticing investment opportunity waiting to be captured. Currently serving as a turnkey short-term rental, it's primed and prepared for your entrepreneurial endeavors to flourish. With over 50 scheduled events at the convention center, numerous races at IMS, and a wealth of downtown Indy activities, this property guarantees not just a residence, but a profitable venture. Embrace the excitement and seize the opportunity to own this exquisite property!
QuickBuy option for home selling

Address:1931 N Auburn Street Indianapolis IN 46224
Status:Pending
on site: 54 days
Price:$385,000
Bedrooms:4 Beds
Bathrooms:3 Full Baths
Sq. Feet:1,920
Year Built:1957
Lot Size:0.20
County: Marion
Township: Wayne
MLS #:21961998
Property Type:Single Family Residence

Lot Dimensions:8843
Lot Features:Not In Subdivision, Sidewalks, Street Lights, Mature Trees, See Remarks
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :960
Total Sq. Ft. :1,920
Basement:Yes

Loan Price
$2,563
Price And Interest $2,008/month
Property Tax $395/month
MTG INS $0/month
HOME INS $160/month
Price
$385,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$395/month
Home Owner Insurance
$1,920 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
03/11/24 $400,000 $385,000 -3.75%

RoomSizeLevel
Living Room 15x12 Main
Primary Bedroom 12x12 Main
Kitchen 12x12 Main
8x8 Basement
Bedroom 2 11x11 Main
Bedroom 3 12x11 Main
Bedroom 4 12x11 Basement
Great Room 30x12 Basement
Office 10x10 Basement

Semi-Annual Property Tax:$2,369
Tax Year:2023
Other Disclosures:Broker Owned, Corporate Owned
Mandatory HOA Fee:$

Area: 4993 - Marion - Wayne Speedway
Subdivision: Everett M Schofield
Zip Code:46224

Total Sq. Ft.:1,920
Interior Features:Attic Access, Center Island, Hi-Speed Internet Availbl, Eat-in Kitchen, Pantry, Screens Complete, Windows Vinyl
Interior Area(s):Bedroom Other on Main
Eating Area(s):Dining Combo/Kitchen
Appliances:Dishwasher, Dryer, Microwave, Electric Oven, Refrigerator, Tankless Water Heater, Washer
Equipment:Smoke Alarm, Sump Pump, Sump Pump w/Backup
Exterior Features:Smart Lock(s), Other
Exterior Type:Brick
Cool:Central Electric
Heat:Forced Air
Water Heater:Dishwasher, Dryer, Microwave, Electric Oven, Refrigerator, Tankless Water Heater, Washer
Total Rooms:8
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 1931 N Auburn Street Indianapolis, IN  46224


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Listing provided courtesy of Denis O'Brien with Keller Williams Indy Metro S from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 03/04/2024 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

79
Avg. DOM
$166.08
Avg. $ / Sq.Ft.
$ 290,000
Med. List Price

The house prices in Indianapolis are not dropping at the moment. There has been a increase in price of $4,803.52. 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 $289,000.00 and the average price per square feet is $167.78 per square feet. At the moment, the amount of homes listed is exactly 11225 houses, with 1458 with active status, 1439 with pending status and 8328 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 $2,893.41. 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 77 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 2083 minutes ago.

At the moment we have 61 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $6,000,000.00. 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 $1.00 . 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 2174.45 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.