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$195,000 (Pending)

3920 Byram Avenue Indianapolis, IN  46208

Property Description for 3920 Byram Avenue Indianapolis, IN 46208

Turnkey investment opportunity in a desirable part of town! This well-maintained 1-bedroom, 1-bathroom duplex close to Butler University offers great potential for rental income! House exterior painted with NEW roof and NEW gutters in Fall 2024. House features aluminum siding, hardwoods, partial basements, with all utilities separately metered. Each unit features a spacious living area, dining room, kitchen w/ ample storage, and a generous sized bedroom! Stable, long-term tenants in place. (3920 - $800 month - leased until 5/31/2025. 3922 - $700 month - leased until 12/31/2024.)
QuickBuy option for home selling

Address:3920 Byram Avenue Indianapolis IN 46208
Status:Pending
on site: 72 days
Price:$195,000
Bathrooms:0
Year Built:1920
Lot Size:0.12
County: Marion
Township: Washington
MLS #:22004652
Property Type:Duplex

Lot Dimensions:5009
Road Frontage:City Street
Road Access:Not Applic
Road Surface:Asphalt
Lot Features:Sidewalks
Zoning:Residential/Multifamily
Building Utilities:Separate Gas Meter
Directions:GPS Friendly
Basement:Yes

Loan Price
$1,336
Price And Interest $1,017/month
Property Tax $238/month
MTG INS $0/month
HOME INS $81/month
Price
$195,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$238/month
Home Owner Insurance
$972 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$1,426
Tax Year:2023
Other Disclosures:As Is
Mandatory HOA Fee:$

Area: 4903 - Marion - Washington
City:Indianapolis
Subdivision: Columbia Place
Zip Code:46208

Exterior Type:Aluminum Siding
Cool:Window Unit(s)
Heat:Forced Air, Gas
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Alex Montagano with eXp Realty, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/02/2024 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

130
Avg. DOM
$187.92
Avg. $ / Sq.Ft.
$ 389,000
Med. List Price

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $1,436.60. 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 $265,000.00 and the average price per square feet is $153.99 per square feet. At the moment, the amount of homes listed is exactly 9886 houses, with 2272 with active status, 1101 with pending status and 6513 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 $3,058.56. 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 69 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 2191 minutes ago.

At the moment we have 90 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 $38,900.00 . 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 2103.24 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.

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