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$294,500 ↓$15,499on 11/18/2024

1120 Southwood Drive Indianapolis, IN  46227

  • 4 Beds
  • 2 Baths
  • 2,884 sq. Ft

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Property Description for 1120 Southwood Drive Indianapolis, IN 46227

Updates & Special Features: New Flooring in most rooms, new windows in 2022, new fridge, kitchen sink, and kitchen counters, new backyard fencing, many new light fixtures throughout home, and new electrical panel with 200 amp service. Spacious brick 4 Bedroom, 2 bath home located in a highly sought after neighborhood, close to Southport High School. This well-maintained property features a partially finished basement, and sits on a stunning lot with mature trees, fully fenced backyard with mini barn, and tasteful landscaping, 2-car detached garage & covered back porch. Upper level has 2 very large bedrooms with full bath. Roomy kitchen has many updates including new windows in 2022. New easy maintenance flooring. Currently the front room is used as a large dining room, but could be re-purposed for whatever your needs may be. Recent updates include new lighting, new flooring, new refrigerator & kitchen counters and new electrical panel. Conveniently close to schools, parks, and shopping. A wonderful opportunity to make this charming home yours!
QuickBuy option for home selling

Address:1120 Southwood Drive Indianapolis IN 46227
Status:Active
on site: 13 days
Price:$294,500
Bedrooms:4 Beds
Bathrooms:2 Full Baths
Sq. Feet:2,884
Year Built:1955
Lot Size:0.38
County: Marion
Township: Perry
MLS #:22009475
Property Type:Single Family Residence

Lot Dimensions:16727
Lot Features:Storm Sewer, Not In Subdivision, Mature Trees
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,280
Upper Level Sq. Ft. :600
Total Sq. Ft. :2,884
Basement:Yes

Loan Price
$1,916
Price And Interest $1,536/month
Property Tax $257/month
MTG INS $0/month
HOME INS $123/month
Price
$294,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$257/month
Home Owner Insurance
$1,476 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/18/24 $309,999 $294,500 -5%
11/11/24 $319,900 $309,999 -3.1%

RoomSizeLevel
Bedroom 2 11x10 Main
Bedroom 3 15x10 Upper
Great Room 12x22 Main
Bedroom 4 14x13 Upper
Primary Bedroom 14x12 Main
Family Room 27x13 Basement
Kitchen 14x9 Main
Dining Room 18x14 Main
Office 12x17 Basement
Laundry 8x10 Basement

Semi-Annual Property Tax:$1,543
Tax Year:2023
Mandatory HOA Fee:$

Area: 4907 - Marion - Perry
City:Indianapolis
Subdivision: South
Zip Code:46227

High School:Southport High School
Middle School:Southport Middle School
Elementary School:Homecroft Elementary School

Total Sq. Ft.:2,884
Interior Features:Attic Access, Hi-Speed Internet Availbl
Interior Area(s):Bedroom Other on Main
Eating Area(s):Formal Dining Room
Appliances:Dishwasher, Electric Oven, Refrigerator, Gas Water Heater
Equipment:Smoke Alarm, Sump Pump Dual
Exterior Features:Barn Mini
Exterior Type:Brick
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Electric Oven, Refrigerator, Gas Water Heater
Total Rooms:11
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 Rob Campbell with RE/MAX Advanced Realty from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/06/2024 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 1056 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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