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(SOLD) $259,900

8502 E 56th Street Indianapolis, IN 46216

3 Beds
2 Baths
2,272 sq. Ft

Property Description for 8502 E 56th Street Indianapolis, IN 46216

New Garage being built now!! Don't miss this beautiful 3 bed, 2-story low maintenance condo w/ walk out basement in Historic Standish Estates @Ft. Benjamin Harrison. Fall in love w/ the modern updates to bathrooms & kitchen. Kitchen updates to include newer cabinets w/pull out drawers, tile backsplash, SS appliances, & quartz countertops. Gorgeous hardwood floors throughout the home w/the main level flooring refinished in 2017. Fresh paint throughout home & newer concrete stamped back patio poured (2019) & resealed. Well maintained mechanicals w/ newer furnace & water softener/RO System (2020) & roof & gutters (2021). HOA has a contractor lined up to build a new garage similar to all other units at no cost to buyer.

Address:8502 E 56th Street Indianapolis IN 46216

Status:Sold

Sold On: 3/4/2024

Price:$249,990

Bedrooms:3 Beds

Bathrooms:1 Full Baths, 1 Half Baths

Sq. Feet:2,272

Year Built:1931

Lot Size:0.14

County: Marion

Township: Lawrence

MLS #:21943252

Property Type:Condominium

Buyer Broker Compensation: 3%
Any compensation may only be paid to a licensed real estate broker.

Lot Dimensions:5968

Lot Features:Sidewalks, Mature Trees

Water Source:Municipal/City

Directions:From 465 East on 56th Street past Franklin Rd. Turn left on Lawnton Loop W Dr. Immediate LEFT at entrance of Boston Commons. Immediate Left on Private Drive. Follow to 8502. Park in rear.

Main Level Sq. Ft. :842

Upper Level Sq. Ft. :630

Total Sq. Ft. :2,272

Basement:Yes

Loan Price

$1,628

Price And Interest $1,356/month

Property Tax $164/month

MTG INS $0/month

HOME INS $108/month

Price

$259,900

Down Payment %

0 %

Down Payment

Property Taxes

$164/month

Home Owner Insurance

$1,296 / year

HOA Dues

$210 / Month

Interest Rate

4.75 %

Mortgage Ins.

$0 / year

YEARS

Room	Size	Level
Bedroom 2	12x12	Upper
Bedroom 3	10x8	Upper
Dining Room	13x11	Main
Kitchen	11x8	Main
Living Room	20x15	Main
Primary Bedroom	14x12	Upper
Sun Room	16x10	Main

Semi-Annual Property Tax:$982

Tax Year:2022

Mandatory HOA Fee:$210

HOA Fee Paid:Monthly

Area: 4904 - Marion - Lawrence

City:Indianapolis

Subdivision: Historic Standish

Zip Code:46216

Total Sq. Ft.:2,272

Interior Features:Hardwood Floors, Screens Some, Supplemental Storage, Wood Work Painted

Eating Area(s):Formal Dining Room

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

Equipment:Radon System

Exterior Type:Brick

Cool:Central Electric

Heat:Forced Air, Gas

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

Total Rooms:9

Aaron Starr

Phone (317) 439-1933

Additional Phone (317) 776-0200

Email aaron.starr@talktotucker.com

F.C. Tucker Company

VISIT MY PROFILE

Co-Listing Agent

Sheri Doty

Email Sheri

(317) 366-7748

Starr Real Estate Team

VISIT MY PROFILE

Schools in 8502 E 56th Street Indianapolis, IN 46216

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Listing provided courtesy of P. Aaron Starr with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/13/2023 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

Avg. DOM

$165.44

Avg. $ / Sq.Ft.

$ 289,000

Med. List Price

The house prices in Indianapolis are not dropping at the moment. There has been a increase in price of $558.50. 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 $290,000.00 and the average price per square feet is $165.93 per square feet. At the moment, the amount of homes listed is exactly 11610 houses, with 1489 with active status, 1503 with pending status and 8618 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 $3,048.12. 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 78 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 1455 minutes ago.

At the moment we have 30 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $5,500,000.00. 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 $35,000.00 . 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 2194.9 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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8502 E 56th Street Indianapolis, IN 46216