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$309,900

1401 Castle Avenue Indianapolis, IN  46227

  • 3 Beds
  • 4 Baths
  • 4,718 sq. Ft

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Property Description for 1401 Castle Avenue Indianapolis, IN 46227

Welcome to this beautiful limestone exterior home, located across the street from the University of Indianapolis. Step inside to discover a bright and spacious living room, complete with a cozy fireplace-perfect for relaxation and entertaining. The adjacent dining room creates an ideal space for meals and gatherings. The full basement provides extra living space and includes a second fireplace, offering both practicality and comfort. Outside, the fenced-in backyard offers privacy and ample room for outdoor activities, whether you're hosting friends, gardening, or enjoying quiet evenings. This home is set in a peaceful neighborhood perfect for families or student housing, with convenient access to local schools, parks, and shopping.

Address:1401 Castle Avenue Indianapolis IN 46227
Status:Active
on site: 40 days
Price:$309,900
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 2 Half Baths
Sq. Feet:4,718
Year Built:1951
Lot Size:0.28
County: Marion
Township: Perry
MLS #:22002738
Property Type:Single Family Residence

Lot Dimensions:12153
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :2,359
Total Sq. Ft. :4,718
Basement:Yes

Loan Price
$1,971
Price And Interest $1,617/month
Property Tax $225/month
MTG INS $0/month
HOME INS $129/month
Price
$309,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$225/month
Home Owner Insurance
$1,548 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 21x12 Main
Dining Room 17x14 Main
Kitchen 20x8 Main
Laundry 20x18 Main
Primary Bedroom 15x12 Main
Bedroom 2 13x11 Main
Bedroom 3 13x11 Main
Play Room 22x15 Basement

Semi-Annual Property Tax:$1,352
Tax Year:2023
Mandatory HOA Fee:$

Area: 4907 - Marion - Perry
City:Indianapolis
Subdivision: Elders University Heights
Zip Code:46227

Total Sq. Ft.:4,718
Interior Features:Built In Book Shelves, Raised Ceiling(s), Entrance Foyer, Paddle Fan, Hi-Speed Internet Availbl, Eat-in Kitchen, Programmable Thermostat, Skylight(s), Windows Thermal, Wood Work Stained
Eating Area(s):Formal Dining Room
Appliances:Dishwasher, Dryer, Gas Water Heater, MicroHood, Gas Oven, Refrigerator, Washer, Water Softener Owned
Exterior Type:Stone
Fireplace(s):Basement, Living Room, Masonry, Woodburning Fireplce
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, Gas Water Heater, MicroHood, Gas Oven, Refrigerator, Washer, Water Softener Owned
Total Rooms:8
Brian Wignall, REALTOR®/Broker, F. C. Tucker Company
Brian Wignall
Phone (317) 797-3580
Additional Phone (317) 846-7751
F.C. Tucker Company
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Listing provided courtesy of Brian Wignall with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/18/2024 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

81
Avg. DOM

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 1645 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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