4216 Medina Way Indianapolis IN 46227 (House For Sale) | MLS 22104708
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Are house prices dropping in Indianapolis?
The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $11,590.12. 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.
What is the housing market like in Indianapolis at this time?
The housing market and house prices in Indianapolis are going down. The average house price is $262,593.00 and the average price per square feet is $154.69 per square foot. At the moment, there are 18657 homes listed - 2889 active, 1461 pending, and 14307 sold in Indianapolis.
What is the most popular place to buy a house in Indianapolis?
The most popular place to buy a home in Indianapolis is 4910 - Marion - Center. 4910 - Marion - Center has the most properties listed and appears to have the highest demand.
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The average amount of property taxes you would have to pay for a home in Indianapolis is $3,545.13. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.
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Properties in Indianapolis stay on the market for an average of 88 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.
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The last home listed in Indianapolis was 1019 minutes ago.
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The cost of the most expensive home in Indianapolis is $5,400,000.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.
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The cost of the cheapest home in Indianapolis is $1,000.00. Buying a cheaper home can keep payments low and leave room for customization.
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The average property size in Indianapolis is 2093.98 sq.ft., the largest being 13549 sq.ft., and the smallest being 200 sq.ft.
Additional Details
Property Details
Lot Dimensions:
10520
Lot Features:
Trees Small (Under 20 Ft)
Water Source:
Public
Main Level Sq. Ft.:
1, 308
Total Sq. Ft.:
1, 308
Directions:
GPS Friendly
Interior Features
Hi Speed Internet Availbl
Appliances
Dishwasher, Disposal, Gas Water Heater, Electric Oven, Refrigerator
Cool
Central Air
Water Heater
Dishwasher, Disposal, Gas Water Heater, Electric Oven, Refrigerator
Heat
Natural Gas
Total Rooms
7 Rooms
Tax and Financial Info
Semi-Annual Property Tax:
$955
Tax Year:
2024
Other Disclosures:
Sales Disclosure Supplements
Quick View
Address:
4216 Medina Way Indianapolis IN 46227
Status:
Pending
On Site:
27 Days On Site
Price:
$225, 000
Bedrooms:
3 Beds
Bathrooms:
2 Full Baths
Sq. Feet:
1, 308
Year Built:
1992
Lot Size:
0.24
County:
Marion
Township:
Perry
MLS #:
22104708
Property Type:
Single Family Residence
Exterior Type
Vinyl With Brick
Community Information
Description
Welcome home to this charming 3-bedroom, 2 full bath ranch on an oversized corner lot in a convenient southside Indianapolis location, just minutes from Greenwood, shopping, dining, parks, and major commuter routes. Offering space, comfort, and value, this home is perfect for easy living with plenty of room inside and out. A standout feature is the assumable mortgage with an attractive 5.75% interest rate, creating a rare opportunity for qualified buyers. Step inside to a bright and airy living room featuring vaulted ceilings, skylights, abundant natural light, and a cozy wood-burning fireplace that creates a warm and inviting atmosphere. The open-concept layout flows seamlessly into the dining area and spacious great room, making entertaining easy while maintaining comfortable everyday living spaces. The kitchen and dining areas are centrally located, creating a functional heart of the home. The primary suite includes a private full bath, while two additional bedrooms provide flexibility for family, guests, a home office, or hobbies. A second full bath conveniently serves the remaining living areas. Outside, enjoy the covered patio-perfect for morning coffee, relaxing evenings, or summer gatherings. The oversized corner lot offers plenty of space for outdoor activities, gardening, pets, or future landscaping projects. With its open floor plan, vaulted ceilings, skylights, fireplace, covered patio, spacious lot, and desirable location near Greenwood, this home offers exceptional value and is move-in ready. Don't miss the opportunity to own a home that combines affordability, convenience, and comfort.
Source: MIBOR as distributed by MLS GRID, MLS ID: 22104708
Listing provided courtesy of Cindy Stockhaus 317-349-5900 with Better Homes and Gardens Real Estate Gold Key
Welcome home to this charming 3-bedroom, 2 full bath ranch on an oversized corner lot in a convenient southside Indianapolis location, just minutes from Greenwood, shopping, dining, parks, and major commuter routes. Offering space, comfort, and value, this home is perfect for easy living with plenty of room inside and out. A standout feat...
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Source: MIBOR as distributed by MLS GRID, MLS ID: 22104708
Listing provided courtesy of Cindy Stockhaus 317-349-5900 with Better Homes and Gardens Real Estate Gold Key
North Perry provides easy access to highways such as I-74, making car travel efficient for daily commuting. Numerous bus lines serve the area, and bus stops are conveniently located near most residences. Residents benefit from proximity to a well-stocked supermarket and about 30 dining options within the neighborhood. Educational institutions, including primary and high schools, are accessible nearby. The neighborhood has a calm atmosphere with quiet streets, promoting a peaceful environment. Most housing consists of single detached homes and smaller apartment buildings built around the 1960s, offering a range of two and three-bedroom options well-suited to many living preferences.