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$470,000 ↓$5,000on 11/21/2024

1417 E Michigan Street Indianapolis, IN  46201

  • 4 Beds
  • 4 Baths
  • 2,960 sq. Ft

Property Description for 1417 E Michigan Street Indianapolis, IN 46201

Welcome to this stunning 4-bedroom, 3.5-bathroom home situated in the up-and-coming Holy Cross neighborhood. This completely renovated property showcases modern features and high-end finishes. Inside, discover a beautifully updated kitchen with stainless steel appliances and elegant quartz countertops. The living room features a cozy built-in electric fireplace, perfect for chilly evenings. The primary bedroom suite is spacious and luxurious, providing a private retreat with ample closet space in the walk-in closet. The ensuite bathroom offers a spa-like experience with double sinks and a full-size tile shower. The nearly finished full basement offers flexible space for a home office, gym, or additional living area. The open floor plan and abundant natural light create a perfect balance for relaxation and entertainment. Step outside to enjoy the fenced yard and patio, ideal for savoring the lovely Indiana weather. Just a short drive from downtown Indianapolis, this home combines comfort and convenience seamlessly. Seize the opportunity to own a truly special property in this sought-after location.

Address:1417 E Michigan Street Indianapolis IN 46201
Status:Active
on site: 61 days
Price:$470,000
Bedrooms:4 Beds
Bathrooms:3 Full Baths, 1 Half Baths
Sq. Feet:2,960
Year Built:1920
Lot Size:0.14
County: Marion
Township: Center
MLS #:22001497
Property Type:Single Family Residence

Lot Dimensions:6200
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,176
Upper Level Sq. Ft. :1,196
Total Sq. Ft. :2,960
Basement:Yes

Loan Price
$3,526
Price And Interest $2,452/month
Property Tax $878/month
MTG INS $0/month
HOME INS $196/month
Price
$470,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$878/month
Home Owner Insurance
$2,352 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/21/24 $475,000 $470,000 -1.05%

RoomSizeLevel
Living Room 13x13 Main
Dining Room 13x10 Main
Family Room 14x13 Main
Office 13x12 Main
Mud Room 8x6 Main
Primary Bedroom 16x14 Upper
Bedroom 2 14x12 Upper
Bedroom 3 19x10 Upper
Laundry 13x10 Upper
Kitchen 14x16 Main
Bedroom 4 13x12 Main

Semi-Annual Property Tax:$5,266
Tax Year:2023
Mandatory HOA Fee:$

Area: 4912 - Marion - Center Ne
City:Indianapolis
Subdivision: Holy Cross
Zip Code:46201

Total Sq. Ft.:2,960
Interior Features:Attic Access
Eating Area(s):Dining-L
Appliances:Dishwasher, Gas Water Heater, MicroHood, Electric Oven, Refrigerator
Equipment:Smoke Alarm
Exterior Type:Aluminum Siding
Cool:Central Electric
Heat:Forced Air, Other
Water Heater:Dishwasher, Gas Water Heater, MicroHood, Electric Oven, Refrigerator
Total Rooms:11
Nancy Warfield, REALTOR®/Broker, F. C. Tucker Company
Nancy Warfield
Phone (317) 409-0016
Additional Phone (317) 781-1500
F.C. Tucker Company
VISIT MY PROFILE

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

Based on information submitted to the MLS GRID as of 10/21/2024 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

144
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 2117 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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