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$120,000 ↓$5,000on 11/1/2024

1605 Marborough Lane Indianapolis, IN  46260

  • 2 Beds
  • 2 Baths
  • 1,152 sq. Ft

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Property Description for 1605 Marborough Lane Indianapolis, IN 46260

This 2-bedroom, 1.5-bath condo in the desirable Ambassador Park North neighborhood offers a smart and functional layout across 1,152 square feet. The main level features a spacious living room, a cozy dining area, and a well-equipped kitchen, along with the convenience of a half bath. Upstairs, you'll find two generously sized bedrooms and a full bath, providing privacy and comfort. Complete with a carport, this condo offers both convenience and protection for your vehicle. With its great price point, this home is perfect for first-time buyers, downsizers, or anyone looking for a low-maintenance lifestyle in a quiet Indianapolis community. Don't miss out-schedule your showing today!
QuickBuy option for home selling

Address:1605 Marborough Lane Indianapolis IN 46260
Status:Active
on site: 43 days
Price:$120,000
Bedrooms:2 Beds
Bathrooms:1 Full Baths, 1 Half Baths
Sq. Feet:1,152
Year Built:1973
County: Marion
Township: Washington
MLS #:22006181
Property Type:Condominium

Lot Features:Sidewalks, Street Lights, Mature Trees
Water Source:Municipal/City
Directions:From 86th & Ditch Rd-South on Ditch. Turn Right on 79th St then Left on Fenway Ave. Turn left on Marborough. 1605 will be around the bend on the Right. Entrance at front.
Main Level Sq. Ft. :576
Upper Level Sq. Ft. :576
Total Sq. Ft. :1,152

Loan Price
$874
Price And Interest $626/month
Property Tax $198/month
MTG INS $0/month
HOME INS $50/month
Price
$120,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$198/month
Home Owner Insurance
$600 / year
HOA Dues
$264 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/01/24 $125,000 $120,000 -4%

RoomSizeLevel
Primary Bedroom 14x12 Upper
Bedroom 2 13x10 Upper
Living Room 21x17 Main
Kitchen 8x8 Main
Dining Room 17x10 Main

Semi-Annual Property Tax:$1,189
Tax Year:2023
Mandatory HOA Fee:$264
HOA Fee Paid:Monthly

Area: 4903 - Marion - Washington
City:Indianapolis
Subdivision: Ambassador Park North
Zip Code:46260

High School:North Central High School
Middle School:Northview Middle School
Elementary School:Willow Lake Elementary School

Total Sq. Ft.:1,152
Interior Features:Built In Book Shelves, Screens Complete, Windows Thermal, Wood Work Painted, Entrance Foyer, Hi-Speed Internet Availbl
Interior Area(s):Living Room Formal
Eating Area(s):Formal Dining Room
Appliances:Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer, Electric Water Heater
Equipment:Smoke Alarm
Exterior Features:Clubhouse
Exterior Type:Brick
Cool:Central Electric
Heat:Forced Air, Electric
Water Heater:Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer, Electric Water Heater
Total Rooms:5
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 Wendy Vivirito with Keller Williams Indpls Metro N from MIBOR as distributed by MLS GRID

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

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 1328 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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