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$300,000 (Pending)

5906 Terrace Avenue Indianapolis, IN 46203

3 Beds
2 Baths
2,540 sq. Ft

Property Description for 5906 Terrace Avenue Indianapolis, IN 46203

Enjoy your sunporch overlooking the driving range at Rustic Gardens! Feels like country and so close to the city. Large two parcel lot. Woods to the north and east makes it feel very private. Large outbuilding garage with utilities and bathroom. Could be a great opportunity for a business. Tons of parking and 5 bays to park. The home was updated in 2017. Beautiful kitchen with white cabinets, stainless appliances, laminate flooring and breakfast bar. Family room has concrete flooring, a heat pump of its own and room to enjoy the entire family. Master Bedrooms was an additional add on. Master bath and wic. Basement adds all kinds of storage and could be a great work out area or living space with not a lot of cost. Don't miss seeing this one right away.

Address:5906 Terrace Avenue Indianapolis IN 46203

Status:Pending

on site: 41 days

Price:$300,000

Bedrooms:3 Beds

Bathrooms:2 Full Baths

Sq. Feet:2,540

Year Built:1936

Lot Size:0.89

County: Marion

Township: Warren

MLS #:21969003

Property Type:Single Family Residence

Buyer Broker Compensation: 2.5%
Any compensation may only be paid to a licensed real estate broker.

Lot Dimensions:23522

Lot Features:Not In Subdivision

Water Source:Municipal/City

Directions:GPS Friendly

Main Level Sq. Ft. :1,550

Total Sq. Ft. :2,540

Basement:Yes

Loan Price

$1,978

Price And Interest $1,565/month

Property Tax $288/month

MTG INS $0/month

HOME INS $125/month

Price

$300,000

Down Payment %

0 %

Down Payment

Property Taxes

$288/month

Home Owner Insurance

$1,500 / year

HOA Dues

$0 / Month

Interest Rate

4.75 %

Mortgage Ins.

$0 / year

YEARS

Room	Size	Level
Living Room	17x12	Main
Family Room	29x12	Main
Primary Bedroom	16x15	Main
Bedroom 2	11x10	Main
Bedroom 3	11x9	Main
Kitchen	13x12	Main
Sun Room	16x7	Main

Semi-Annual Property Tax:$1,727

Tax Year:2023

Other Disclosures:Defects/None Noted, Sales Disclosure On File

Mandatory HOA Fee:$

Area: 4905 - Marion - Warren

City:Indianapolis

Subdivision: No Subdivision

Zip Code:46203

Total Sq. Ft.:2,540

Interior Features:Attic Access, Breakfast Bar, Paddle Fan, Hi-Speed Internet Availbl, Eat-in Kitchen, Walk-in Closet(s), Windows Vinyl, Wood Work Painted

Interior Area(s):Bedroom Other on Main

Eating Area(s):Dining Combo/Great Room

Appliances:Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Gas Oven, Refrigerator, Washer, Water Heater

Exterior Features:Barn Pole, Out Building With Utilities

Exterior Type:Vinyl With Brick

Cool:Central Electric, Heat Pump

Heat:Gas, Heat Pump

Water Heater:Dishwasher, Dryer, Disposal, Gas Water Heater, MicroHood, Gas Oven, Refrigerator, Washer, Water Heater

Total Rooms:7

Christi Coffey

Phone (317) 694-0087

Additional Phone (317) 888-3311

Email christi.coffey@talktotucker.com

F.C. Tucker Company

VISIT MY PROFILE

Co-Listing Agent

Amanda Spicer

Email Amanda

(317) 502-8435

The Coffey Team

VISIT MY PROFILE

Schools in 5906 Terrace Avenue Indianapolis, IN 46203

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

Based on information submitted to the MLS GRID as of 03/16/2024 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

Avg. DOM

$167.47

Avg. $ / Sq.Ft.

$ 292,160

Med. List Price

The house prices in Indianapolis 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 Indianapolis 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 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 $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 Indianapolis 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 Indianapolis was 920 minutes ago.

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

The cost of the most expensive home in Indianapolis 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 Indianapolis 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 Indianapolis in year 1850 and the newest built house is in year 2024.

The average size of properties in Indianapolis 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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5906 Terrace Avenue Indianapolis, IN 46203