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(SOLD) $389,900

1031 N Park Avenue Indianapolis, IN  46202

  • 2 Beds
  • 3 Baths
  • 1,156 sq. Ft

Property Description for 1031 N Park Avenue Indianapolis, IN 46202

Welcome to your dream home nestled in the heart of Indianapolis' vibrant Chatham-Arch neighborhood! This stunning 2 bed 2.5-bath residence is full of modern elegance and style. You'll be greeted by the inviting open-concept living space with gleaming hardwood floors, high ceilings, and abundant natural light. The spacious living room flows seamlessly into the dining area, creating an ideal setting for entertaining friends and family. The gourmet kitchen is a chef's delight, featuring steel appliances, quartz countertops, a large center island, and custom cabinetry. Upstairs, the luxurious master suite is a true retreat, boasting a walk-in closet and a spa-like ensuite bathroom with a double sink vanity, and a separate glass-enclosed shower. An additional generously sized bedroom and full bathroom provide ample space for family, guests, or a home office. The attached garage provides convenience and additional storage. Located just minutes from the bustling Mass Ave cultural district, this home offers unparalleled access to Indianapolis' finest dining, shopping, and entertainment. Enjoy nearby parks, bike trails, and easy access to major highways, making your daily commute a breeze.
QuickBuy option for home selling

Address:1031 N Park Avenue Indianapolis IN 46202
Status:Sold
Sold On: 9/19/2024
Price:$389,900
Bedrooms:2 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:1,156
Year Built:2016
Lot Size:0.02
County: Marion
Township: Center
MLS #:21992902
Property Type:Condominium

Lot Dimensions:871
Lot Features:Corner Lot
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :600
Upper Level Sq. Ft. :556
Total Sq. Ft. :1,156

Loan Price
$2,536
Price And Interest $2,034/month
Property Tax $340/month
MTG INS $0/month
HOME INS $162/month
Price
$389,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$340/month
Home Owner Insurance
$1,944 / year
HOA Dues
$125 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Bedroom 2 12x13 Upper
Dining Room 8x16 Main
Kitchen 14x9 Main
Living Room 14x16 Main
Primary Bedroom 14x14 Upper

Semi-Annual Property Tax:$2,038
Tax Year:2023
Mandatory HOA Fee:$125
HOA Fee Paid:Monthly

Area: 4912 - Marion - Center Ne
City:Indianapolis
Subdivision: Youngs Subdivision
Zip Code:46202

Total Sq. Ft.:1,156
Interior Features:Attic Access, Hardwood Floors, Eat-in Kitchen, Walk-in Closet(s), Windows Vinyl
Eating Area(s):Dining Combo/Kitchen, Dining Combo/Living Room
Appliances:Dishwasher, Dryer, Electric Water Heater, Disposal, Gas Oven, Range Hood, Refrigerator, Washer
Equipment:Not Applicable
Exterior Type:Brick, Other
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, Electric Water Heater, Disposal, Gas Oven, Range Hood, Refrigerator, Washer
Total Rooms:6
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 Randy Wasmuth with Maywright Property Co. from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/01/2024 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

109
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 $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 883 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.

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