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$294,500 ↓$15,499on 11/18/2024

1120 Southwood Drive Indianapolis, IN  46227-4869

  • 4 Beds
  • 2 Baths
  • 2,633 sq. Ft

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Property Description for 1120 Southwood Drive Indianapolis, IN 46227-4869

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. 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!

Address:1120 Southwood Drive Indianapolis IN 46227-4869
Status:Active
on site: 13 days
Price:$294,500
Bedrooms:4 Beds
Bathrooms:2 Full Baths
Sq. Feet:2,633
Year Built:1955
Lot Size:0.38
County: Marion County
Township: Perry
School System : Perry Township
MLS #:202443312
Property Type:Site-Built Home

Lot Dimensions:irregular
Lot Description:0-2.9999
Directions:GPS Friendly
Total Sq. Ft. :2,633
Garage:Detached
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
Master Bedroom 14 x 12 Main
2nd Bedroom 11 x 10 Main
3rd Bedroom 15 x 10 Upper
4th Bedroom 14 x 13 Upper
Kitchen 14 x 9 Main
Family Room 27 x 13 Basement
Dining Room 18 x 14 Main
Living Room 12 x 22 Main

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

City:Indianapolis
Subdivision: None
Zip Code:46227-4869

School System:Perry Township
High School:Southport
Middle School:Southport
Elementary School:Homecroft

Total Sq. Ft.:2,633
Exterior Features:Brick
Fuel:Gas, Forced Air
Cool:Central Air
Heat:Gas, Forced Air
Total Rooms:10
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

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





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 1068 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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