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(SOLD) $625,000

3901 S Franklin Road Indianapolis, IN  46237

  • 12.36 Acres

Property Description for 3901 S Franklin Road Indianapolis, IN 46237

Underserved senior housing potential. No nearby like facilities. 10,000+ cars daily. Planning commission has proposed use of land as Community Commercial uses. Property across the street proposed use is a shopping center. Additional use could be a multi-family complex which abuts the property. So many possibilities. In the heart of Franklin Township which is the Southeast corner of Indianapolis. Area that is quaint but growing rapidly. Still has an agricultural flavor.
QuickBuy option for home selling

Address:3901 S Franklin Road Indianapolis IN 46237
Status:Sold
Sold On: 12/31/2022
Price:$625,000
Bathrooms:0
Lot Size:12.36
County: Marion
Township: Franklin
MLS #:21780630
Property Type:Commercial Land

Lot Dimensions:12.36
Road Frontage:FrontageRd, City Street
Road Access:CityStreet
Road Surface:Asphalt
Zoning:D-A
Directions:From I-74 and Post Road Exit, go south to Southeastern Ave. in Wanamaker, turn right to Franklin Rd., right about 1500 feet just south of Echo Ridge Apartments.

Loan Price
$3,578
Price And Interest $3,260/month
Property Tax $58/month
MTG INS $0/month
HOME INS $260/month
Price
$625,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$58/month
Home Owner Insurance
$3,120 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$348
Tax Year:2019
Financial Disclosures:Not Applicable
Other Disclosures:Broker Owned, None
Mandatory HOA Fee:$

Area: Franklin
City:Indianapolis
Subdivision: NO SUBDIVISION
Zip Code:46237

Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 3901 S Franklin Road Indianapolis, IN  46237


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Listing provided courtesy of John Anderson with Doc Real Estate, Inc from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 04/22/2021 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
$167.47
Avg. $ / Sq.Ft.
$ 292,160
Med. List Price

The house prices in 3901 S Franklin Road Indianapolis IN 46237 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 3901 S Franklin Road Indianapolis IN 46237 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 3901 S Franklin Road Indianapolis IN 46237 .

The most popular place to buy a home in 3901 S Franklin Road Indianapolis IN 46237 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 3901 S Franklin Road Indianapolis IN 46237 .

The average amount of property taxes you would have to pay for a home in 3901 S Franklin Road Indianapolis IN 46237 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 3901 S Franklin Road Indianapolis IN 46237 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 3901 S Franklin Road Indianapolis IN 46237 was 1566 minutes ago.

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

The cost of the most expensive home in 3901 S Franklin Road Indianapolis IN 46237 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 3901 S Franklin Road Indianapolis IN 46237 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 3901 S Franklin Road Indianapolis IN 46237 in year 1850 and the newest built house is in year 2024.

The average size of properties in 3901 S Franklin Road Indianapolis IN 46237 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.

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