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$394,000 ↓$5,000on 11/8/2024

1242 N Alabama Street Indianapolis, IN  46202

  • 3 Beds
  • 3 Baths
  • 2,057 sq. Ft

Property Description for 1242 N Alabama Street Indianapolis, IN 46202

WELCOME HOME TO THE OLD NORTHSIDE. THIS HOME RETAINS THE INTEGRITY OF A HISTORICAL WITH THE TASTEFULLY UPDATED MODERN CONVENIENCES OF TODAYS LIFESTYLE. THE GENEROUS FRONT PORCH LEADS TO A SPACIOUS ENTRY BOASTING ORIGINAL HARDWOOD FLOORS COMPLETE WITH INLAY DETAILING & A WELCOMING FIREPLACE. THE BEAUTIFUL STAIRCASE WILL LEAD YOU TO THE SECOND FLOOR INCLUDES 3 BEDRMS & 2 FULL BATHS, PRIMARY ENSUITE. THE STAIR CASE ALSO OFFERS THE ABILITY TO RETREAT TO THE KITCHEN DIRECTLY, CREATING A DESIRABLE CIRCULAR FLR PLAN. FROM THE ENTRY WELCOME GUESTS TO THE LIVING ROOM OPEN TO THE DINING AREA, WHICH THEN EMBRACES THE KITCHEN COMPLETE WITH AN EXQUISITE IMMENSE ISLAND TO BE ENJOYED BY ALL. A FEW OF THE EXTRAS THIS HOME OFFERS IS A CHARMING POWDER ROOM ON THE MAIN FLOOR, A COZY MUDROOM JUST INSIDE THE BACK ENTRANCE, DRY STORAGE OR WORKROOM SPACE IN THE BASEMENT AS WELL AS 3RD FLR SPACE WITH A STAIRCASE ENTRANCE. OUTDOOR ENJOYMENT NOT TO BE MISSED WITH THE LARGE WINDOWS THROUGHOUT, THE FULLY PRIVACY FENCED BACKYARD AND QUAINT FRONT PORCH. CONVENIENTLY LOCATED TO ALL DOWNTOWN INDY HAS TO OFFER, MASS AVE, BOTTLEWORKS, TRAILS AND MORE. Windows & fireplaces sold as is; no known defects.

Address:1242 N Alabama Street Indianapolis IN 46202
Status:Active
on site: 167 days
Price:$394,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:2,057
Year Built:1995
Lot Size:0.06
County: Marion
Township: Center
MLS #:21983917
Property Type:Single Family Residence
Buyer Broker Compensation: 3.0%
Any compensation may only be paid to a licensed real estate broker.

Lot Dimensions:2573
Lot Features:Sidewalks, Street Lights
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :895
Upper Level Sq. Ft. :775
Total Sq. Ft. :2,057
Basement:Yes

Loan Price
$2,655
Price And Interest $2,055/month
Property Tax $436/month
MTG INS $0/month
HOME INS $164/month
Price
$394,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$436/month
Home Owner Insurance
$1,968 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/08/24 $399,000 $394,000 -1.25%
09/20/24 $435,000 $399,000 -8.28%
08/29/24 $439,000 $435,000 -0.91%
08/01/24 $475,000 $439,000 -7.58%

RoomSizeLevel
Foyer 15x8 Main
Living Room 15x12 Main
Dining Room 14x7 Main
Kitchen 16x14 Main
Mud Room 5x5 Main
Primary Bedroom 12x12 Upper
Bedroom 2 14x12 Upper
Bedroom 3 11x10 Upper

Semi-Annual Property Tax:$2,617
Tax Year:2023
Mandatory HOA Fee:$

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

Total Sq. Ft.:2,057
Interior Features:Attic Stairway, Raised Ceiling(s), Hardwood Floors, Windows Wood, WoodWorkStain/Painted, Breakfast Bar, Entrance Foyer, Center Island, Programmable Thermostat
Eating Area(s):Dining Combo/Kitchen
Appliances:Dryer, Disposal, Microwave, Gas Oven, Refrigerator, Washer, Gas Water Heater
Equipment:Security Alarm Paid, Sump Pump
Exterior Type:Wood
Fireplace(s):Gas Log, Non Functional
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dryer, Disposal, Microwave, Gas Oven, Refrigerator, Washer, Gas Water Heater
Total Rooms:8
Jana Musser, REALTOR®/Broker, F. C. Tucker Company
Jana Musser
Phone (317) 727-6594
Additional Phone (317) 844-4200
F.C. Tucker Company
VISIT MY PROFILE

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

Based on information submitted to the MLS GRID as of 06/06/2024 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 743 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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