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$49,900

1656 Nelson Avenue Indianapolis, IN  46203

  • 3 Beds
  • 1 Baths
  • 888 sq. Ft

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Property Description for 1656 Nelson Avenue Indianapolis, IN 46203

Here's a Rare Find. A House with tons of Potential for Under $50,000. This 3 Bed 1 Bath Home near Garfield Park is ready for a full Renovation. Corner Lot with a 2 Car Detached Garage. Great for a Fix and Flip or Fix and Add to Your Rental Portfolio.
QuickBuy option for home selling

Address:1656 Nelson Avenue Indianapolis IN 46203
Status:Active
on site: 2 days
Price:$49,900
Bedrooms:3 Beds
Bathrooms:1 Full Baths
Sq. Feet:888
Year Built:1925
Lot Size:0.11
County: Marion
Township: Center
MLS #:22010919
Property Type:Single Family Residence

Lot Dimensions:4748
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :888
Total Sq. Ft. :888

Loan Price
$427
Price And Interest $260/month
Property Tax $146/month
MTG INS $0/month
HOME INS $21/month
Price
$49,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$146/month
Home Owner Insurance
$252 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 14x23 Main
Primary Bedroom 12x12 Main
Kitchen 11x11 Main
Bedroom 2 10x9 Main
Bedroom 3 14x7 Main
Laundry 10x6 Main

Semi-Annual Property Tax:$878
Tax Year:2023
Other Disclosures:As Is
Mandatory HOA Fee:$

Area: 4913 - Marion - Center Se
City:Indianapolis
Subdivision: Hollidays Garfield Park
Zip Code:46203

Total Sq. Ft.:888
Interior Features:Attic Access
Eating Area(s):Other Eating Area
Appliances:None
Exterior Type:Aluminum Siding
Cool:Central Electric
Heat:No Heating
Water Heater:None
Total Rooms:6
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 Andres Rodriguez with Rodriguez Real Estate Group from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/09/2024 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

95
Avg. DOM

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 2045 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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