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$420,000 ā†“$5,000on 10/18/2024(Pending)

729 Bates Street Indianapolis, IN  46202

  • 2 Beds
  • 3 Baths
  • 1,696 sq. Ft

Property Description for 729 Bates Street Indianapolis, IN 46202

Welcome home. Location and walkability at its finest. Easy walk or bike ride to some of the best Indy has to offer. Fabulous 2-bedroom, 2.5 bathroom townhome available in desired Fletcher Place, now known as the Fountain-Fletcher District. Best unit in the complex. Perfectly situated end unit without another unit directly behind. Unobstructed view of the downtown skyline from several windows. The rooftop patio offers spectacular views of the city day or night. Back deck also has unobstructed views to the south. Very hard to duplicate at this price. Onyx & East constructed home was finished in 2020. Home offers 9-foot ceilings throughout, a large two car rear load, integrated, heated, finished garage with epoxy floor, and a den / office on ground level that could be used as a 3rd bedroom. No expenses spared in the finishes throughout, gourmet kitchen with gas cooktop and double oven, stainless steel appliances (all stay), quartz counter tops, soft close cabinets and drawers, and a large center island with seating for 4. No wire shelves in the closets, all were upgraded to melamine. Pride of ownership is evident the moment you walk in. Neutral decor makes this the perfect turn-key opportunity for you. There is an open greenspace behind the complex perfect for playing outside, and if you have a dog there is a dog park across the street at Metazoa. Located just a couple blocks off the Red Line and Cultural Trail along Virginia Ave. You have easy access to tons of restaurants, shops, bars, breweries, coffee houses, the YMCA, gyms, yoga studios, and much more. Walk to Colts, Indians, Pacers, and Fever games. See attachments for more info. This area really feels like a small town located within the city.

Address:729 Bates Street Indianapolis IN 46202
Status:Pending
on site: 32 days
Price:$420,000
Bedrooms:2 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:1,696
Year Built:2020
Lot Size:0.02
County: Marion
Township: Center
MLS #:22003274
Property Type:Townhouse

Lot Dimensions:903
Lot Features:City Lot, Sidewalks, Storm Sewer, Street Lights
Water Source:Municipal/City
Directions:North on College Ave. from Virginia. Right on Bates to home on the right. You can park in the parking lot just west of the unit for showings.
Main Level Sq. Ft. :224
Upper Level Sq. Ft. :1,472
Total Sq. Ft. :1,696

Loan Price
$2,752
Price And Interest $2,191/month
Property Tax $386/month
MTG INS $0/month
HOME INS $175/month
Price
$420,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$386/month
Home Owner Insurance
$2,100 / year
HOA Dues
$140 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/18/24 $425,000 $420,000 -1.18%

RoomSizeLevel
Kitchen 20x15 Main
Bonus Room 10x12 Main
Bedroom 2 10x12 Upper
Primary Bedroom 12x13 Upper
Living Room 20x19 Main

Semi-Annual Property Tax:$2,315
Tax Year:2023
Other Disclosures:Sales Disclosure Supplements
Mandatory HOA Fee:$140
HOA Fee Paid:Monthly

Area: 4913 - Marion - Center Se
Subdivision: Switchyard at Fletcher Place
Zip Code:46202

Total Sq. Ft.:1,696
Interior Features:Raised Ceiling(s)
Eating Area(s):Dining Combo/Living Room
Appliances:Gas Cooktop, Dishwasher, Dryer, Electric Water Heater, Disposal, Microwave, Range Hood, Refrigerator, Washer, Water Softener Owned
Equipment:Security Alarm Paid, Smoke Alarm
Exterior Features:Balcony, Smart Lock(s), Other
Exterior Type:Brick, Cement Siding
Cool:Central Electric
Heat:High Efficiency (90%+ AFUE ), Gas
Water Heater:Gas Cooktop, Dishwasher, Dryer, Electric Water Heater, Disposal, Microwave, Range Hood, Refrigerator, Washer, Water Softener Owned
Total Rooms:5
Tommy Roylance, REALTORĀ®/Broker, F. C. Tucker Company
Tommy Roylance
Phone (317) 372-7372
Additional Phone (317) 259-6000
F.C. Tucker Company

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

Based on information submitted to the MLS GRID as of 10/08/2024 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

95
Avg. DOM

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $20,825.47. 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 $269,000.00 and the average price per square feet is $156.25 per square feet. At the moment, the amount of homes listed is exactly 13891 houses, with 2412 with active status, 1216 with pending status and 10263 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 $3,194.02. 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 68 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 1852 minutes ago.

At the moment we have 105 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 $45,900.00 . 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 2112.74 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.