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$163,000 ↓$7,000on 8/19/2024

6 S Euclid Avenue Indianapolis, IN  46201

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Property Description for 6 S Euclid Avenue Indianapolis, IN 46201

Investor's Gem or Perfect House-Hack in Christian Park! Step into this exceptional duplex, located in the desirable Christian Park neighborhood on the near eastside, just a 10-minute drive from downtown Indianapolis. Both units were thoughtfully updated in 2023, and the roof was replaced in 2022, ensuring peace of mind for years to come. The vacant unit is move-in ready, offering an ideal opportunity for an owner-occupant or a new tenant. The other unit is tenant-occupied, bringing in $850 per month (exp 5/30/25). With tenants paying all utilities, the property is designed for optimal cash flow. Given the updated condition and prime location, hitting or exceeding the 1% rule should be no problem. The mirror-image units are spacious and modern, and both have laundry hookups and central heat/air, appealing to renters and owners alike. Currently under professional management, the new owner has the option to retain these services for a seamless transition, making this property an easy and profitable addition to any portfolio. Don't miss out on this incredible opportunity to invest in a turnkey property with immediate income potential. Schedule your showing today!
QuickBuy option for home selling

Address:6 S Euclid Avenue Indianapolis IN 46201
Status:Active
on site: 147 days
Price:$163,000
Bathrooms:0
Year Built:1924
Lot Size:0.17
County: Marion
Township: Center
MLS #:21990354
Property Type:Duplex

Lot Dimensions:7362
Road Frontage:City Street
Road Access:Not Applic
Road Surface:Asphalt
Lot Features:Access, Sidewalks, Mature Trees
Directions:GPS Friendly
Basement:Yes

Loan Price
$1,134
Price And Interest $850/month
Property Tax $216/month
MTG INS $0/month
HOME INS $68/month
Price
$163,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$216/month
Home Owner Insurance
$816 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
08/19/24 $170,000 $163,000 -4.12%

Semi-Annual Property Tax:$1,293
Tax Year:2023
Mandatory HOA Fee:$

Area: 4913 - Marion - Center Se
City:Indianapolis
Subdivision: Haywoods Boulevard
Zip Code:46201

Exterior Type:Wood
Cool:Central Electric
Heat:Forced Air
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 Peter Stewart with Keller Williams Indpls Metro N from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/16/2024 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

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 2150 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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