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(SOLD) $440,000

1050 Nelson Avenue Indianapolis, IN  46203

  • 4 Beds
  • 2 Baths
  • 3,129 sq. Ft

Property Description for 1050 Nelson Avenue Indianapolis, IN 46203

Just south of renowned Garfield Park in Indianapolis, this listing blends residential comfort, commercial opportunity, and convenience. The charming 4-bedroom, 1.5-bathroom home offers ample living space. A spacious storefront attached to the home is ideal for entrepreneurs, benefitting from high visibility and foot traffic. A three-car garage caters to car enthusiasts and hobbyists. Residents enjoy easy access to the park's lush greenery and recreational facilities. With its prime location, this property offers exciting opportunities for investors, business owners, and homeowners. Don't miss out-schedule a showing today and envision the possibilities in this desirable location!

Address:1050 Nelson Avenue Indianapolis IN 46203
Status:Sold
Sold On: 8/28/2024
Price:$475,000
Bedrooms:4 Beds
Bathrooms:1 Full Baths, 1 Half Baths
Sq. Feet:3,129
Year Built:1925
Lot Size:0.15
County: Marion
Township: Center SE
MLS #:21970490
Property Type:Single Family Residence

Lot Dimensions:6360
Lot Features:Corner Lot, Curbs, Sidewalks, Street Lights, Variance, Zoned
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,043
Upper Level Sq. Ft. :1,043
Total Sq. Ft. :3,129
Basement:Yes

Loan Price
$3,039
Price And Interest $2,295/month
Property Tax $561/month
MTG INS $0/month
HOME INS $183/month
Price
$440,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$561/month
Home Owner Insurance
$2,196 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 15x14 Main
Dining Room 15x14 Main
Kitchen 14x12 Main
Sun Room 15x12 Main
Primary Bedroom 15x14 Upper
Bedroom 2 12x12 Upper
Bedroom 3 14x12 Upper
Bedroom 4 14x12 Upper

Semi-Annual Property Tax:$3,368
Tax Year:2023
Mandatory HOA Fee:$

Area: 4913 - Marion - Center Se
City:Indianapolis
Subdivision: No Subdivision
Zip Code:46203

Total Sq. Ft.:3,129
Interior Features:Attic Access, Entrance Foyer, Hardwood Floors, Wood Work Stained
Eating Area(s):Formal Dining Room
Appliances:Electric Oven, Refrigerator, Water Heater
Exterior Type:Brick
Cool:Central Electric
Heat:Electric, Gas
Water Heater:Electric Oven, Refrigerator, Water Heater
Total Rooms:8
Dustin Keller, REALTOR®/Broker, F. C. Tucker Company
Dustin Keller
Phone (317) 759-0380
Additional Phone (317) 686-0612
F.C. Tucker Company
VISIT MY PROFILE

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

Based on information submitted to the MLS GRID as of 03/28/2024 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

137
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 2173 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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