321 N Elder Avenue Indianapolis, IN 46222

  • 4 Beds
  • 2 Baths
  • 2,072 sq. Ft
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Property Description
This is your chance to scoop up a great investment property a few skateboard pushes away from IUPUI and everything downtown indy has to offer! It is in great shape and currently leased out for a year for $1,600. ($400 per bedroom) With the revitalization of Stringtown this home could easily climb exponentially in value over a 1-2 year period. There is currently a home at the end of the block that just sold in the $300's. Without any updates the rent should be $500 per bedroom next year, and increasing annually after that. Look at this one today as every investor needs something in their portfolio that rents the day it's posted in the university housing system!
Address:321 Elder Avenue Indianapolis IN 46222
on site: 8 days
Bedrooms:4 Beds
Bathrooms:2 Baths
Sq. Feet:2,072
Year Built:1910
Lot Size:0.10
Township:Center NW
MLS #:21668018
Property Type:Single Family

Lot Dimensions:34x120
Utility Options:Cable Available, Gas Connected
Water Source:Municipal Water Connected
Directions:From downtown go west past all of the hospitals and IUPUI across the beautiful White River on W Michigan St. Pass over N White River Pkwy go left on Miley St, go right on Vermont and left on Elder to home
Abv. Grnd. Sq. Ft. :2,072
Main Level Sq. Ft. :1,232
Upper Level Sq. Ft. :840
Total Sq. Ft. :2,072
Sq. Ft. Source:Assessor
Loan Price
Price And Interest $756/month
Property Tax $160/month
MTG INS $0/month
HOME INS $60/month
Down Payment %
0 %
Down Payment
Property Taxes
Home Owner Insurance
$720 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
Michael Holl
Michael Holl

Senior Loan Officer

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Courtesy of Tucker Mortgage
Bedroom 4th 10x16Upper
Kitchen 12x10Main
Living Room 27x16Main
Bedroom 2nd 11x9Main
Dining Room 13x9Main
Family Room 10x13Main
Bedroom 3rd 10x12Upper
MasterBedroom 12x13Main
Semi-Annual Property Tax:$958
Tax Year:2019
Financial Disclosures:Not Applicable
Other Disclosures:Sales Disclosure On File
Total Sq. Ft.:2,072
Interior Features:Screens Complete, Skylights, Storms Some, Windows Vinyl
Interior Area(s):Bedroom Other on Main, Foyer Small
Eating Area(s):Breakfast Room, Formal Dining Room, Dining Combo/Living Room
Appliances:Cook Top Electric, Dishwasher, Dryer, Garbage Disposal, Microwave, Oven/Range-Electric, Range Hood Fan, Refrigerator, Washer
Porch / Patio:Deck Main Level
Equipment:Not Applicable
Exterior Features:Fence Full Rear
Exterior Type:Vinyl
Fireplace(s):2 Sided Fire Place, Bed Room Fireplace, Master, Dining Room Fireplace
Cool:Central Electric
Water Heater:Gas
Total Rooms:9
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company, Inc.
Tucker Customer Care
Additional Phone (317) 954-4768
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Listing provided courtesy of Indy Home Shop LLC.

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