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(SOLD) $175,000

7507 E 48th Street Indianapolis, IN  46226

  • 4 Beds
  • 3 Baths
  • 1,953 sq. Ft

Property Description for 7507 E 48th Street Indianapolis, IN 46226

GREAT OPPORTUNITY IN LAWRENCE! This home is a rare find with 4 beds, 3 full baths & nearly 2000 sf of living space. Home has a ton of character, huge living room with gorgeous stone fireplace. In addition to the 4 bedrooms, the garage has been converted to a flex room that could serve many uses. Exterior features include large corner lot, covered front porch, and fiber cement siding. Property has 2 HVAC systems and 2 water heaters, ensuring optimal comfort through the home. Whether you're a homeowner looking to build sweat equity or an investor seeking a solid rental, this home offers great potential. Conveniently located near schools, shopping, parks and entertainment. With a little TLC, you can transform this property into a beautiful residence or a lucrative investment in the stable Lawrence market. Don't miss the chance to make this home your own or to secure a valuable investment.
QuickBuy option for home selling

Address:7507 E 48th Street Indianapolis IN 46226
Status:Sold
Sold On: 11/22/2024
Price:$195,000
Bedrooms:4 Beds
Bathrooms:3 Full Baths
Sq. Feet:1,953
Year Built:1959
Lot Size:0.16
County: Marion
Township: Lawrence
MLS #:22005665
Property Type:Single Family Residence

Lot Dimensions:7013
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,635
Upper Level Sq. Ft. :318
Total Sq. Ft. :1,953

Loan Price
$1,103
Price And Interest $913/month
Property Tax $117/month
MTG INS $0/month
HOME INS $73/month
Price
$175,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$117/month
Home Owner Insurance
$876 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 22x22 Main
Dining Room 12x11 Main
Kitchen 21x11 Main
Laundry 9x8 Main
Primary Bedroom 13x11 Main
Bedroom 2 11x10 Main
Bedroom 3 16x9 Main
Bedroom 4 17x9 Upper

Semi-Annual Property Tax:$702
Tax Year:2023
Other Disclosures:As Is
Mandatory HOA Fee:$

Area: 4904 - Marion - Lawrence
City:Indianapolis
Subdivision: Lawrence Manor
Zip Code:46226

High School:Lawrence Central High School
Middle School:Belzer Middle School
Elementary School:Brook Park Elementary School

Total Sq. Ft.:1,953
Interior Features:Attic Access
Eating Area(s):Separate Room
Appliances:Gas Cooktop, Dishwasher, Dryer, Oven, Double Oven, Convection Oven, Range Hood, Refrigerator, Washer
Exterior Type:Cement Siding
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Gas Cooktop, Dishwasher, Dryer, Oven, Double Oven, Convection Oven, Range Hood, Refrigerator, Washer
Total Rooms:9
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Mark Gill with Berkshire Hathaway Home 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 1910 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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