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(SOLD) $1,732,000

640 Alverna Drive Indianapolis, IN  46260

  • 4 Beds
  • 7 Baths
  • 10,866 sq. Ft

Property Description for 640 Alverna Drive Indianapolis, IN 46260

A rare opportunity in exclusive Alverna Estates. This elegant home sits on 1.2 acres & is an architectural treasure. Modernized "Meridian Kessler" style British Colonial with a truly livable floor plan. Built by Crews & Sturtz, this timeless home offers a wood-paneled Library/Office, 14' coffered ceiling Great Rm, grand Sun Rm, Chef's Kitchen with Butler's Pantry, Formal Dining Rm with Fireplace, Large Laundry with 2nd Office, Main-level Primary Bdrm with French Doors to Blue Stone Patio, Mud Rm; Lower-lvl with Family Rm, Rec Rm, Exercise Rm; Upper-lvl with Playrm/Study, 2nd Primary Bdrm plus 2 additional Bdrms with En-suites & Walk-ins. Finished 4 CAG. Serene Outdoor Living with Fireplace & Grilling Area. Bonus: all new mechanicals!
QuickBuy option for home selling

Address:640 Alverna Drive Indianapolis IN 46260
Status:Sold
Sold On: 11/15/2023
Price:$1,999,000
Bedrooms:4 Beds
Bathrooms:5 Full Baths, 2 Half Baths
Sq. Feet:10,866
Year Built:1998
Lot Size:1.20
County: Marion
Township: Washington
MLS #:21923775
Property Type:Single Family Residence

Lot Dimensions:52338
Lot Features:Gated Community, Street Lights, Mature Trees
Water Source:Municipal/City
Directions:86th St and N Meridian St, West on 86th, South on Spring Mill Rd, West on Alverna Dr (gated entrance just north of Round Hill Rd).
Main Level Sq. Ft. :5,700
Upper Level Sq. Ft. :3,574
Total Sq. Ft. :10,866
Basement:Yes

Loan Price
$12,358
Price And Interest $9,035/month
Property Tax $2,601/month
MTG INS $0/month
HOME INS $722/month
Price
$1,732,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$2,601/month
Home Owner Insurance
$8,664 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Dining Room 21x16 Main
Kitchen 19x16 Main
Great Room 26x27 Main
Sun Room 23x26 Main
Library 21x16 Main
Primary Bedroom 19x23 Main
Office 9x12 Main
14x12 Main
Bedroom 2 21x16 Upper
Bedroom 3 21x16 Upper
Bedroom 4 19x19 Upper
Play Room 25x16 Upper
Family Room 25x26 Basement
Play Room 30x16 Basement

Semi-Annual Property Tax:$15,607
Tax Year:2023
Financial Disclosures:Not Applicable
Other Disclosures:Sales Disclosure On File
Mandatory HOA Fee:$2,000
HOA Fee Paid:Semi-Annually

Area: 4903 - Marion - Washington
City:Indianapolis
Subdivision: Alverna Estates
Zip Code:46260

Total Sq. Ft.:10,866
Interior Features:Attic Access, Built In Book Shelves, Raised Ceiling(s), Walk-in Closet(s), Hardwood Floors, Breakfast Bar, Paddle Fan, Eat-in Kitchen, Entrance Foyer, Hi-Speed Internet Availbl, Center Island, Pantry, Programmable Thermostat, Surround Sound Wiring
Interior Area(s):Great Room - 2 Story
Eating Area(s):Breakfast Room, Formal Dining Room, Separate Room
Appliances:Dishwasher, Disposal, Gas Water Heater, Microwave, Gas Oven, Range Hood, Refrigerator, Free-Standing Freezer, Warming Drawer, Water Softener Owned
Equipment:Security Alarm Monitored, Security Alarm Paid, Smoke Alarm
Exterior Features:Storage Shed, Sprinkler System, Gas Grill
Exterior Type:Brick
Fireplace(s):Dining Room, Great Room, Other
Cool:Central Electric
Heat:Dual, Forced Air, Gas
Water Heater:Dishwasher, Disposal, Gas Water Heater, Microwave, Gas Oven, Range Hood, Refrigerator, Free-Standing Freezer, Warming Drawer, Water Softener Owned
Total Rooms:17
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 640 Alverna Drive Indianapolis, IN  46260


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Listing provided courtesy of Kelley Lewis Broderick with Springhead Real Estate from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 05/31/2023 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

79
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 1343 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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