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$500,000 ↓$19,900on 11/8/2024

1424 S New Jersey Street Indianapolis, IN  46225

  • 4 Beds
  • 3 Baths
  • 3,112 sq. Ft

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Property Description for 1424 S New Jersey Street Indianapolis, IN 46225

BATES HENDRICKS: nestled into the sought-after esplenade a half block down from the estate of the neighborhood's namesake. Home was completely taken down to the studs and renovated under the direction of thought homeowners--this home was not an investor flip. Farmhouse/ industrial chic aesthetic features hickory floors throughout the main living area, built-ins, gas fireplace in the LR, large dining area that is open to the kitchen. Large mud room and seperate laundry room--TONS of storage and space to stretch out. All three upstairs bedrooms are plus size as well. Garage is--you're not going to believe this-- oversized as well, with finished walls and double service doors that open up in to the private backyard oasis featuring lush landscaping and gardens, a fire pit, and a covered back patio. This home is truly a unique opportunity for a discerning homeowner, 1.5 miles from monument circle, the center of downtown Indianapolis
QuickBuy option for home selling

Address:1424 S New Jersey Street Indianapolis IN 46225
Status:Active
on site: 19 days
Price:$500,000
Bedrooms:4 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:3,112
Year Built:1905
Lot Size:0.17
County: Marion
Township: Center
MLS #:21984026
Property Type:Single Family Residence

Lot Dimensions:7405
Lot Features:Sidewalks, Storm Sewer, Street Lights, Mature Trees
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,432
Upper Level Sq. Ft. :1,120
Total Sq. Ft. :3,112
Basement:Yes

Loan Price
$3,162
Price And Interest $2,608/month
Property Tax $346/month
MTG INS $0/month
HOME INS $208/month
Price
$500,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$346/month
Home Owner Insurance
$2,496 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/08/24 $519,900 $500,000 -3.83%
09/19/24 $524,900 $519,900 -0.95%
07/30/24 $529,900 $524,900 -0.94%

RoomSizeLevel
Living Room 15x18 Main
Dining Room 15x15 Main
Kitchen 14x12 Main
Laundry 7x11 Main
Primary Bedroom 15x15 Main
Bedroom 2 12x19 Upper
Bedroom 3 12x17 Upper
Bedroom 4 15x15 Upper

Semi-Annual Property Tax:$2,075
Tax Year:2023
Mandatory HOA Fee:$

Area: 4913 - Marion - Center Se
Subdivision: Woodruff Sub Morris
Zip Code:46225

Total Sq. Ft.:3,112
Interior Features:Breakfast Bar, Built In Book Shelves, Raised Ceiling(s), Hardwood Floors, Eat-in Kitchen, Pantry, Programmable Thermostat, Screens Complete, Walk-in Closet(s), Windows Thermal
Eating Area(s):Dining Combo/Family Room, Dining Combo/Kitchen
Appliances:Dishwasher, ENERGY STAR Qualified Appliances, Disposal, Gas Water Heater, Microwave, Gas Oven, Range Hood, Refrigerator, Water Softener Owned
Equipment:Smoke Alarm, Sump Pump
Exterior Type:Cement Siding
Fireplace(s):Gas Log, Great Room
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, ENERGY STAR Qualified Appliances, Disposal, Gas Water Heater, Microwave, Gas Oven, Range Hood, Refrigerator, Water Softener Owned
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 Tad Aschliman with @properties 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 1174 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.