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$299,000 ↓$16,000on 10/16/2024(Pending)

4002 Winthrop Avenue Indianapolis, IN  46205

Property Description for 4002 Winthrop Avenue Indianapolis, IN 46205

Discover the perfect blend of convenience and comfort with this charming duplex located in the desirable Meridian Kessler neighborhood. Situated next to the Monon Trail, it's ideal for biking or leisurely strolls, and just two blocks from the New Red Line, providing easy access to public transportation. This prime location places you minutes from Downtown Indy and Broad Ripple, offering a variety of dining, shopping, and entertainment options. The upper unit features a spacious three-bedroom layout, a full bathroom, and the convenience of in-unit laundry with a washer and dryer provided. The well-appointed kitchen opens into bright living and dining rooms, all with beautiful hardwood floors throughout. Each bedroom and the living room have individual climate-controlled AC/Heat systems, ensuring comfort year-round. This unit also offers off-street parking, including a shared two-car garage and driveway space for guests, with additional street parking available. The lower unit is another spacious three-bedroom residence, also boasting custom temperature control systems for each living space. Off-street parking and garage storage are included, providing ample space for vehicles and belongings. This duplex offers a unique opportunity to live in one of Indianapolis's most sought-after neighborhoods while enjoying the benefits of rental income or expanding your investment portfolio. Enjoy the proximity to the Monon Trail for outdoor activities and easy access to local amenities and transportation. Don't miss out on this prime property in Meridian Kessler.

Address:4002 Winthrop Avenue Indianapolis IN 46205
Status:Pending
on site: 148 days
Price:$299,000
Bathrooms:0
Year Built:1918
Lot Size:0.13
County: Marion
Township: Washington
MLS #:21984917
Property Type:Duplex

Lot Dimensions:5445
Road Access:Not Applic
Directions:GPS Friendly
Basement:Yes

Loan Price
$2,022
Price And Interest $1,560/month
Property Tax $337/month
MTG INS $0/month
HOME INS $125/month
Price
$299,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$337/month
Home Owner Insurance
$1,500 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/16/24 $315,000 $299,000 -5.08%
08/13/24 $330,000 $315,000 -4.55%

Semi-Annual Property Tax:$2,020
Tax Year:2023
Other Disclosures:Sales Disclosure On File
Mandatory HOA Fee:$

Area: 4903 - Marion - Washington
Subdivision: Hammonds
Zip Code:46205

Cool:Central Electric
Heat:Electric
Eric Lantz, REALTOR®/Broker, F. C. Tucker Company
Eric Lantz
Phone (317) 914-8296
Additional Phone (317) 686-0612
F.C. Tucker Company
Rob Measel, REALTOR®/Broker, F. C. Tucker Company
Co-Listing Agent
Rob Measel
(812) 208-0498

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

Based on information submitted to the MLS GRID as of 07/15/2024 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 1845 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.