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(SOLD) $415,000

1561 Omar Drive Indianapolis, IN  46202

  • 3 Beds
  • 4 Baths
  • 1,852 sq. Ft

Property Description for 1561 Omar Drive Indianapolis, IN 46202

Great opportunity on this like-new low-maintenance townhome located within The Bakery, featuring a unique combination of modern design/convenience with urban living. Unbeatable location adjacent to the Monon Trail & within a community featuring a multitude of breweries, distilleries, quaint coffee shops, excellent dining, and moments away from Mass Ave & Bottleworks districts. The versatile floor plan features multiple flex/living spaces from the lower level Family Rm, to the main floor Great Rm w/ modern cosmo fireplace w/ floor to ceiling ceramic tile & Living space that could be a larger formal dining. The Open Concept Gourmet Kitchen is stunning with 42" cabinets, Quartz counters, and GE Cafe stainless steel appliances. Upstairs features 3 Bedrooms including the Primary Suite w/ tray ceiling and large walk-in shower. Smart Home technology, crown molding in the main living areas, engineered hardwood flooring. 2-car attached garage, all appliances, & washer/dryer included. Enjoy the open views of the Frank & Judy O'Bannon Soccer Park and steps away from the new playground and splash pad.
QuickBuy option for home selling

Address:1561 Omar Drive Indianapolis IN 46202
Status:Sold
Sold On: 5/31/2024
Price:$425,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 2 Half Baths
Sq. Feet:1,852
Year Built:2019
Lot Size:0.04
County: Marion
Township: Center
MLS #:21973126
Property Type:Townhouse

Lot Dimensions:1686
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :364
Upper Level Sq. Ft. :1,488
Total Sq. Ft. :1,852

Loan Price
$2,706
Price And Interest $2,165/month
Property Tax $368/month
MTG INS $0/month
HOME INS $173/month
Price
$415,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$368/month
Home Owner Insurance
$2,076 / year
HOA Dues
$100 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 13x13 Upper
Bedroom 2 11x10 Upper
Bedroom 3 9x9 Upper
Living Room 14x12 Main
Kitchen 15x18 Main
Breakfast Room 8x8 Main
Family Room 12x11 Main
Bonus Room 20x12 Main

Semi-Annual Property Tax:$2,208
Tax Year:2023
Mandatory HOA Fee:$400
HOA Fee Paid:Quarterly

Area: 4912 - Marion - Center Ne
City:Indianapolis
Subdivision: The Bakery
Zip Code:46202

Total Sq. Ft.:1,852
Interior Features:Attic Access, Raised Ceiling(s), Tray Ceiling(s), Center Island, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Pantry, Windows Vinyl, Wood Work Painted
Eating Area(s):Breakfast Room
Appliances:Dishwasher, Dryer, Electric Water Heater, Disposal, Microwave, Gas Oven, Refrigerator, Washer
Equipment:Smoke Alarm
Exterior Features:Balcony
Exterior Type:Brick, Cement Siding
Fireplace(s):Gas Starter, Great Room
Cool:Central Electric
Heat:Gas, High Efficiency (90%+ AFUE )
Water Heater:Dishwasher, Dryer, Electric Water Heater, Disposal, Microwave, Gas Oven, Refrigerator, Washer
Total Rooms:8
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Stephen Clark with Compass Indiana, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 04/10/2024 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

137
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 2115 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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