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(SOLD) $375,000

2031 Central Avenue Indianapolis, IN  46202

  • 4 Beds
  • 3 Baths
  • 4,746 sq. Ft

Property Description for 2031 Central Avenue Indianapolis, IN 46202

DRASTICALLY REDUCED!! HISTORIC HERRON MORTON! Rare opportunity for your dream home or investment property! Live in it, flip it or convert it into a money making duplex or triplex! Currently zoned as a dup but converted to single fam. Tall ceilings, HUGE ROOMS, main & upper level enclosed sunrooms! Can be a 3 level home, 2 level home w/ rentable bsmt apt or 3 sep apts! Seller had bsmt completely rebuilt, enlarged & waterproofed by Michaelis (over $120k!) so this one is SOLID & DRY! Bsmt w/9ft ceilings, egress win & walk out. Home could be 2bd unit up, main level 2bd unit & 1bd w/ bonus rm unit in bsmt. Nowhere else in Indy can you find an opportunity like this! Considered Herron Morton but no restrictions. 2 master bds (primary master up & alternate master on main). Enormous kitchen could be incredible! Upstairs master ba remodeled... finish it into a stunner! Sold AS-IS. Seller will make NO REPAIRS. Make this incredible home YOURS or your next homerun investment!
QuickBuy option for home selling

Address:2031 Central Avenue Indianapolis IN 46202
Status:Sold
Sold On: 3/1/2024
Price:$394,900
Bedrooms:4 Beds
Bathrooms:3 Full Baths
Sq. Feet:4,746
Year Built:1880
Lot Size:0.13
County: Marion
Township: Center NE
MLS #:21949884
Property Type:Single Family Residence

Lot Dimensions:5837
Lot Features:Busline, Curbs, Sidewalks, Storm Sewer, Suburb
Water Source:Municipal/City
Directions:From 20th and Central head north to home on right.
Main Level Sq. Ft. :1,582
Upper Level Sq. Ft. :1,582
Total Sq. Ft. :4,746
Basement:Yes

Loan Price
$2,279
Price And Interest $1,956/month
Property Tax $167/month
MTG INS $0/month
HOME INS $156/month
Price
$375,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$167/month
Home Owner Insurance
$1,872 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 20x15 Upper
Bedroom 2 16x11 Upper
Bedroom 3 12x12 Upper
Great Room 27x15 Main
Kitchen 17x11 Main
Bonus Room 15x13 Main
Sun Room 27x08 Main
Dining Room 14x13 Main
Sun Room 27x08 Upper
Library 12x11 Main
Bonus Room 15x13 Upper

Semi-Annual Property Tax:$1,000
Tax Year:2022
Mandatory HOA Fee:$

Area: 4912 - Marion - Center Ne
City:Indianapolis
Subdivision: Citizens National Bank Sub Johns
Zip Code:46202

Total Sq. Ft.:4,746
Interior Features:Built In Book Shelves, Raised Ceiling(s), Paddle Fan, Hardwood Floors, Pantry, Screens Some, Walk-in Closet(s)
Eating Area(s):Formal Dining Room
Appliances:Dishwasher, Electric Water Heater, Gas Oven
Equipment:Smoke Alarm
Exterior Type:Vinyl With Brick
Cool:Central Electric
Heat:Electric, Heat Pump
Water Heater:Dishwasher, Electric Water Heater, Gas Oven
Total Rooms:11
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 2031 Central Avenue Indianapolis, IN  46202


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Listing provided courtesy of Suzanne Roell-Carlson with Smart Choice Realtors, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/22/2023 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 934 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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