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$560,000 ā†“$5,000on 10/25/2024

226 E 45th Street Indianapolis, IN  46205

  • 3 Beds
  • 3 Baths
  • 2,003 sq. Ft

Property Description for 226 E 45th Street Indianapolis, IN 46205

This charming 1925 Dutch Colonial home in the coveted Meridian Kessler neighborhood offers a rare investment opportunity. Surrounded by unique and prestigious properties, this residence is positioned for long-term appreciation in one of Indianapolis' most sought after areas, with investment opportunities here becoming increasingly scarce. The home retains much of its original character, including beautiful hardwood floors, high ceilings, crown molding, well maintained wood burning fireplace, and arched doorways. A welcoming covered front porch provides a perfect spot to enjoy the outdoors, while large windows flood the interior with natural light and offer peaceful views of thoughtfully landscaped fenced-in yard. The spacious patio is ideal for outdoor entertaining, and the wide lot offers room for privacy and future expansion-whether you're looking to enlarge the existing footprint or add additional structures. The upstairs layout features three bedrooms, each with unique Dutch Colonial details like charming alcoves and distinctive architectural touches. These light-filled spaces create cozy retreats. The home also offers a full bath on both levels, providing added convenience and the potential for future upgrades. The flexible floor plan presents many possibilities, whether you're looking to create a home office, expand living areas, or update the kitchen and bathrooms. The kitchen, with soapstone countertops and slate flooring, is functional but offers room for customization to suit your needs. With three bedrooms, two full bathrooms, a detached two-car garage, and ample off-street parking, this home combines comfort, convenience, and potential for increased value through thoughtful renovations. Opportunities like this in Meridian Kessler are rare-don't miss your chance to invest! Property is not located in a flood zone, and the sellers do not pay for flood insurance.

Address:226 E 45th Street Indianapolis IN 46205
Status:Active
on site: 37 days
Price:$560,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:2,003
Year Built:1925
Lot Size:0.18
County: Marion
Township: Washington
MLS #:22004722
Property Type:Single Family Residence

Lot Dimensions:8015
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :921
Upper Level Sq. Ft. :668
Total Sq. Ft. :2,003
Basement:Yes

Loan Price
$3,587
Price And Interest $2,921/month
Property Tax $433/month
MTG INS $0/month
HOME INS $233/month
Price
$560,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$433/month
Home Owner Insurance
$2,796 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/25/24 $565,000 $560,000 -0.88%

RoomSizeLevel
Living Room 19' x 15' Main
Dining Room 10' x 10' Main
Kitchen 10' x 10' Main
Primary Bedroom 10' x 20' Upper
Bedroom 2 16' x 9' Upper
Bedroom 3 12' x 11' Upper
Family Room 14' x 14' Main

Semi-Annual Property Tax:$2,598
Tax Year:2023
Mandatory HOA Fee:$

Area: 4903 - Marion - Washington
Subdivision: Newells North Place
Zip Code:46205

Total Sq. Ft.:2,003
Interior Features:Attic Access, Built In Book Shelves, Hardwood Floors, Hi-Speed Internet Availbl, Programmable Thermostat
Eating Area(s):Formal Dining Room
Appliances:Dishwasher, Dryer, Disposal, Electric Oven, Refrigerator, Washer, Water Heater
Equipment:Smoke Alarm
Exterior Type:Brick, Vinyl Siding
Fireplace(s):Living Room, Woodburning Fireplce
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, Disposal, Electric Oven, Refrigerator, Washer, Water Heater
Total Rooms:8
Matt Kressley, REALTORĀ®/Broker, F. C. Tucker Company
Matt Kressley
Phone (317) 445-3767
Additional Phone (317) 259-6000
F.C. Tucker Company
Sam Hawkins, REALTORĀ®/Broker, F. C. Tucker Company
Co-Listing Agent
Sam Hawkins
(317) 679-9211

Listing provided courtesy of Matthew Kressley with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/03/2024 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

95
Avg. DOM

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $20,825.47. 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 $269,000.00 and the average price per square feet is $156.25 per square feet. At the moment, the amount of homes listed is exactly 13891 houses, with 2412 with active status, 1216 with pending status and 10263 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 $3,194.02. 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 68 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 1952 minutes ago.

At the moment we have 105 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 $45,900.00 . 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 2112.74 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.