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$319,000

440 Spring Mill Lane Indianapolis, IN  46260

  • 3 Beds
  • 2 Baths
  • 1,555 sq. Ft

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Property Description for 440 Spring Mill Lane Indianapolis, IN 46260

Charming Mid-Century Modern Gem at 440 Spring Mill Lane Welcome to 440 Spring Mill Lane, a unique opportunity nestled in one of the most sought-after neighborhoods. This mid-century modern home exudes character and offers a spacious lot of over half an acre, providing endless possibilities for outdoor living, gardening, or future expansion. The property boasts a serene setting, surrounded by mature trees and beautiful landscaping, making it the perfect canvas for your personal touch. Imagine transforming this classic home into your dream space, with room to roam and play in the expansive yard. Inside, you'll find original features waiting for your creative vision. The open floor plan, large windows, and natural light create a warm and inviting atmosphere, perfect for entertaining or relaxing. With a lot of TLC, this home can truly come alive, showcasing the charm of mid-century design while incorporating modern updates. Located in a vibrant community known for its friendly neighbors and excellent schools, this property is more than just a home-it's a lifestyle. Don't miss this rare chance to invest in a piece of architectural history and create a sanctuary that reflects your personal style. Come see the potential for yourself at 440 Spring Mill Lane! Excitingly, the current owner has received update renderings from local architecture professor Lucas Brown, showcasing plans to add square footage by introducing a second level. This presents a remarkable opportunity to enhance the home's footprint while preserving its mid-century charm. Architect is willing to stay on throughout the construction process. Permits applied for.
QuickBuy option for home selling

Address:440 Spring Mill Lane Indianapolis IN 46260
Status:Active
on site: 10 days
Price:$319,000
Bedrooms:3 Beds
Bathrooms:1 Full Baths, 1 Half Baths
Sq. Feet:1,555
Year Built:1953
Lot Size:0.68
County: Marion
Township: Washington
MLS #:22006251
Property Type:Single Family Residence

Lot Dimensions:29621
Lot Features:Mature Trees
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,555
Total Sq. Ft. :1,555

Loan Price
$1,992
Price And Interest $1,664/month
Property Tax $195/month
MTG INS $0/month
HOME INS $133/month
Price
$319,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$195/month
Home Owner Insurance
$1,596 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 27x11 Main
Dining Room 12x12 Main
Kitchen 12x12 Main
Office 12x9 Main
Primary Bedroom 16x12 Main
Bedroom 2 12x16 Main
Bedroom 3 12x11 Main

Semi-Annual Property Tax:$1,170
Tax Year:2023
Mandatory HOA Fee:$

Area: 4903 - Marion - Washington
Subdivision: Spring Meadow
Zip Code:46260

High School:North Central High School
Middle School:Northview Middle School
Elementary School:Spring Mill Elementary School

Total Sq. Ft.:1,555
Interior Features:Built In Book Shelves, Hardwood Floors, Windows Vinyl
Eating Area(s):Formal Dining Room
Appliances:Dishwasher, Dryer, Disposal, Refrigerator, Washer, Water Heater
Exterior Type:Stone
Fireplace(s):Woodburning Fireplce
Cool:Central Electric
Heat:Gas
Water Heater:Dishwasher, Dryer, Disposal, Refrigerator, Washer, Water Heater
Total Rooms:7
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of James Canull with Indy Home Shop LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/09/2024 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 1236 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.