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$145,000 ↓$5,000on 10/7/2024

929 Olin Avenue Indianapolis, IN  46222

  • 3 Beds
  • 1 Baths
  • 720 sq. Ft

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Property Description for 929 Olin Avenue Indianapolis, IN 46222

This cash-flowing investment property is a prime opportunity for savvy investors looking for a fully remodeled, tenant-occupied home with rental income already in place. The tenant is secured through September 2025, making this a hassle-free, turn-key investment. Stripped down to the studs and completely remodeled, this home features all-new siding, roof, HVAC, water heater, windows, and updated electrical systems-no detail was overlooked. The centerpiece of this home is the modern kitchen, which boasts brand-new stainless steel appliances and stunning butcher block countertops, making it a standout feature of the property. The 720-square-foot home offers 2 comfortable bedrooms, 1 bonus room that can be used as an office or additional living space, and 1 full bathroom. It's designed to maximize functionality and style while maintaining low maintenance for long-term ownership. Located just steps from the B&O Trail, your tenants will have access to excellent outdoor recreation, and they'll appreciate the convenience of being just a short drive from I-70 and the airport. **Key Features:** - **Tenant Occupied Until September 2025** - Guaranteed cash flow. - **Complete Remodel** - Stripped to the studs with all new siding, roof, HVAC, water heater, windows, and electrical. - **Modern Kitchen** - Stainless steel appliances and butcher block countertops make the kitchen the heart of the home. - **Location** - Steps from the B&O Trail and a short drive to I-70 and the airport, making it a prime spot for tenants. This is a rare chance to invest in a fully renovated property with rental income already in place. Don't miss out on this fantastic investment opportunity!
QuickBuy option for home selling

Address:929 Olin Avenue Indianapolis IN 46222
Status:Active
on site: 72 days
Price:$145,000
Bedrooms:3 Beds
Bathrooms:1 Full Baths
Sq. Feet:720
Year Built:1953
Lot Size:0.08
County: Marion
Township: Wayne
MLS #:21987832
Property Type:Single Family Residence

Lot Dimensions:3659
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :720
Total Sq. Ft. :720

Loan Price
$905
Price And Interest $756/month
Property Tax $89/month
MTG INS $0/month
HOME INS $60/month
Price
$145,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$89/month
Home Owner Insurance
$720 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/07/24 $150,000 $145,000 -3.33%
08/13/24 $157,500 $149,999 -4.76%
07/30/24 $159,000 $157,500 -0.94%
07/15/24 $162,000 $159,000 -1.85%

RoomSizeLevel
Living Room 8x23 Main
Kitchen 8x12 Main
Primary Bedroom 9x7 Main
Bedroom 2 7x11 Main
Bedroom 3 6x10 Main
Laundry 5x9 Main

Semi-Annual Property Tax:$532
Tax Year:2023
Other Disclosures:Not Applicable
Mandatory HOA Fee:$

Area: 4909 - Marion - Wayne
City:Indianapolis
Subdivision: Fairfax
Zip Code:46222

Total Sq. Ft.:720
Interior Features:Attic Access
Interior Area(s):Laundry in Unit
Eating Area(s):Dining Combo/Kitchen
Appliances:Dishwasher, Disposal, MicroHood, Gas Oven, Refrigerator
Equipment:Not Applicable
Exterior Type:Vinyl Siding
Fuel:No Fuel Source
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Disposal, MicroHood, Gas Oven, Refrigerator
Total Rooms:6
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 Dana Rivers with Resolute Realty from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 06/27/2024 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 1317 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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