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(SOLD) $937,500

1607 Northwood Drive Indianapolis, IN  46240

  • 4 Beds
  • 5 Baths
  • 6,169 sq. Ft
EXPLORE TUCKER LUXURY

Property Description for 1607 Northwood Drive Indianapolis, IN 46240

Welcome to 1607 Northwood Drive! Resting on a wooded 1.86 acre lot, offering privacy, serenity and nature. Upon entering, you are greeted by the stunning refinished hardwood floors and fresh paint and upgraded lighting. The main level boasts an outstanding kitchen with Proline appliances, new hardware and stone countertops. The flowing floorplan progresses through the great room with fireplace and amazing natural light to the office with beautiful millwork. The substantial owner's suite with vaulted ceilings, screened porch, laundry area and calming remodeled bath with soaking tub, custom tile shower, dual vanities and heated floors. The upper level offers an expansive loft and an additional ensuite bedroom providing the perfect space for guests or family members. Endless opportunities with the gym/ rec area on the lower level, ideal for creating a customized space tailored to your preferences. This property features a geothermal system for added efficiency. For all car enthusiasts, there is a 2-car attached garage and a 2-car detached garage complete with an air compressor. The backyard and substantial deck offer countless options for outdoor activities and large gatherings. Don't miss this outstanding opportunity!

Address:1607 Northwood Drive Indianapolis IN 46240
Status:Sold
Sold On: 9/9/2024
Price:$949,900
Bedrooms:4 Beds
Bathrooms:3 Full Baths, 2 Half Baths
Sq. Feet:6,169
Year Built:1939
Lot Size:1.86
County: Marion
Township: Washington
MLS #:21986234
Property Type:Single Family Residence

Lot Dimensions:80820
Lot Features:Irregular Lot, Mature Trees, Wooded
Water Source:Municipal/City, Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :2,922
Upper Level Sq. Ft. :1,786
Total Sq. Ft. :6,169
Basement:Yes

Loan Price
$6,962
Price And Interest $4,890/month
Property Tax $1,681/month
MTG INS $0/month
HOME INS $391/month
Price
$937,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$1,681/month
Home Owner Insurance
$4,692 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 23' x 15' Main
Kitchen 25' x 15' Main
Primary Bedroom 18' x 18' Main
Bedroom 2 11' x 14' Main
Bedroom 3 10' x 13' Main
Bedroom 4 21' x 11' Upper
Sun Room 10' x 15' Main
Mud Room 13' x 6' Main
Play Room 10' x 10' Main
Office 12' x 14' Main
Play Room 12' x 13' Basement
Loft 30' x 13' Upper

Semi-Annual Property Tax:$10,086
Tax Year:2023
Mandatory HOA Fee:$

Area: 4903 - Marion - Washington
Subdivision: Northern Hills
Zip Code:46240

Total Sq. Ft.:6,169
Interior Features:Built In Book Shelves, Vaulted Ceiling(s), Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Pantry, Skylight(s), Wet Bar
Interior Area(s):Bedroom Other on Main
Eating Area(s):Breakfast Room
Appliances:Dishwasher, Dryer, Disposal, Microwave, Gas Oven, Refrigerator, Washer, Water Heater
Equipment:Radon System, Sump Pump
Exterior Features:Outdoor Fire Pit, Storage Shed
Exterior Type:Stone, Wood
Fireplace(s):Living Room, Woodburning Fireplce
Cool:Geothermal, Heat Pump
Heat:Forced Air, Gas, Geothermal, Heat Pump
Water Heater:Dishwasher, Dryer, Disposal, Microwave, Gas Oven, Refrigerator, Washer, Water Heater
Total Rooms:13
EXPLORE TUCKER LUXURY
Matt Kressley, REALTOR®/Broker, F. C. Tucker Company
Matt Kressley
Phone (317) 445-3767
Additional Phone (317) 259-6000
F.C. Tucker Company
Sam Hawkins, REALTOR®/Broker, F. C. Tucker Company
Co-Listing Agent
Sam Hawkins
(317) 679-9211

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

Based on information submitted to the MLS GRID as of 06/21/2024 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

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 926 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.