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$1,500,000

1514 N Park Avenue Indianapolis, IN  46202

  • 4 Beds
  • 6 Baths
  • 6,357 sq. Ft

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Property Description for 1514 N Park Avenue Indianapolis, IN 46202

This elegant 1883 home seamlessly combines classic craftsmanship with modern luxury, offering a truly unique living experience. Spanning four bedrooms and five bathrooms, the residence is a testament to intricate detailing, featuring timeless woodwork crafted from butternut, cherry, pine, and walnut. Each room is a labor of love, bathed in natural light that highlights the beauty of the wood and the home's historic charm. The spacious primary suite is a serene retreat, boasting a large walk-in closet and an immaculate ensuite bath. Throughout the home, you'll find charm in every room including the tranquility in the solarium, warmth amongst the original fireplace in the family room, timelessness within the dining room! The chef's kitchen is a culinary dream, adorned with Nichols cabinetry, large island, adjacent to a spacious seating area! For added convenience, the second story hosts a laundry room, which was created from a former sleeping porch. This light filled, spacious room contains a lot of storage and plenty of space for folding. Outdoor spaces are equally impressive, with a tranquil front porch perfect for unwinding and a backyard designed for entertaining. Additionally, the property includes a carriage house, featuring a one-bedroom, one-bath apartment and a four-car garage, providing ample space and versatility. This Italianate beauty is not just a home; it's a sanctuary of elegance and comfort, offering the perfect blend of historic charm and contemporary amenities.
QuickBuy option for home selling

Address:1514 N Park Avenue Indianapolis IN 46202
Status:Active
on site: 50 days
Price:$1,500,000
Bedrooms:4 Beds
Bathrooms:4 Full Baths, 2 Half Baths
Sq. Feet:6,357
Year Built:1890
Lot Size:0.26
County: Marion
Township: Center
MLS #:21990797
Property Type:Single Family Residence

Lot Dimensions:11456
Lot Features:Sidewalks, Storm Sewer, Street Lights, Mature Trees
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :2,341
Upper Level Sq. Ft. :3,266
Total Sq. Ft. :6,357
Basement:Yes

Loan Price
$9,359
Price And Interest $7,825/month
Property Tax $909/month
MTG INS $0/month
HOME INS $625/month
Price
$1,500,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$909/month
Home Owner Insurance
$7,500 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Sitting Room 18x15 Main
Bonus Room 21x14 Upper
Bedroom 2 18x15 Upper
Bedroom 3 10x12 Upper
Family Room 20x16 Main
Laundry 13x11 Upper
Dining Room 13x20 Main
Kitchen 19x18 Main
Living Room 28x14 Main
Primary Bedroom 19x16 Upper
Foyer 14x13 Main
Bedroom 4 17x17 Upper
Kitchen 13x11 Upper
Office 20x19 Upper

Semi-Annual Property Tax:$5,452
Tax Year:2023
Other Disclosures:Historic District
Mandatory HOA Fee:$

Area: 4912 - Marion - Center Ne
Subdivision: Mcquats
Zip Code:46202

Total Sq. Ft.:6,357
Interior Features:Attic Stairway, Built In Book Shelves, Center Island, Elevator, Entrance Foyer, Hardwood Floors, In-Law Arrangement, Eat-in Kitchen, Pantry, Walk-in Closet(s), Windows Wood
Interior Area(s):Living Room - 2 Story
Eating Area(s):Formal Dining Room
Appliances:Gas Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Oven, Double Oven, Range Hood, Refrigerator, Washer
Equipment:Smoke Alarm
Exterior Features:Carriage/Guest House
Exterior Type:Wood
Fireplace(s):Gas Log
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Gas Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Oven, Double Oven, Range Hood, Refrigerator, Washer
Total Rooms:18
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 Kristin Glassburn with @properties from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/17/2024 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

25
Avg. DOM

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $10,832.93. 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 $273,000.00 and the average price per square feet is $158.65 per square feet. At the moment, the amount of homes listed is exactly 13560 houses, with 2229 with active status, 1293 with pending status and 10038 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 $3,223.43. 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 71 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 1450 minutes ago.

At the moment we have 203 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $5,500,000.00. 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 $1.00 . 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 2163.38 sq.ft. , the biggest one being 14738 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.