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$319,000 $30,900on 8/30/2024

1737 E 72nd Street Indianapolis, IN  46240

  • 1 Beds
  • 1 Baths
  • 1,189 sq. Ft

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Property Description for 1737 E 72nd Street Indianapolis, IN 46240

Discover an unparalleled investment opportunity nestled amidst the serene woods of Ravenswood. This exceptional property spans 5 parcels totaling over an acre of wooded beauty. Convenient access to Broadripple, Downtown Indy, and the Northside. Boasting not just one, but two fully updated turn-key cabins, this offering is truly one-of-a-kind opportunity. The primary cabin exudes charm with its brand-new kitchen and bathroom, complemented by a cozy living room featuring a fireplace AND a fully enclosed wrap around porch with heating and air with a brand new 8-person luxury hot tub. An expansive loft upstairs offers flexibility for a large bedroom or two smaller ones, ensuring ample space for relaxation. Meanwhile, cabin two (520 sq. ft.) , a stylish studio, comes complete with a kitchen, laundry facilities, and a sprawling new deck ideal for outdoor gatherings and leisure. Both cabins have undergone meticulous updates, ensuring they are not only aesthetically pleasing but also fully functional and primed for immediate enjoyment. Whether envisioning your dream retreat or seeking a lucrative Airbnb venture, this property stands ready to fulfill your aspirations. Don't miss this rare opportunity to own a slice of tranquility with limitless potential in the heart of Indianapolis' most coveted locales.
QuickBuy option for home selling

Address:1737 E 72nd Street Indianapolis IN 46240
Status:Active
on site: 46 days
Price:$319,000
Bedrooms:1 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,189
Year Built:1933
Lot Size:1.14
County: Marion
Township: Washington
MLS #:21992215
Property Type:Single Family Residence

Lot Dimensions:49658.4
Lot Features:Wooded, See Remarks
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :637
Upper Level Sq. Ft. :368
Total Sq. Ft. :1,189
Basement:Yes

Loan Price
$1,880
Price And Interest $1,664/month
Property Tax $83/month
MTG INS $0/month
HOME INS $133/month
Price
$319,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$83/month
Home Owner Insurance
$1,596 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
08/30/24 $349,900 $319,000 -8.83%
08/09/24 $359,900 $349,900 -2.78%
08/02/24 $369,900 $359,900 -2.7%

RoomSizeLevel
Primary Bedroom 24x15 Upper
Kitchen 23.4x11.5 Main
Living Room 14.6x14.1 Main

Semi-Annual Property Tax:$495
Tax Year:2023
Mandatory HOA Fee:$

Area: 4903 - Marion - Washington
Subdivision: Ravenwood
Zip Code:46240

Total Sq. Ft.:1,189
Interior Features:Hardwood Floors
Interior Area(s):Living Room Formal
Eating Area(s):Dining Combo/Kitchen
Appliances:Dishwasher, Disposal, Gas Water Heater, Microwave, Gas Oven, Refrigerator
Exterior Features:Balcony, Storage Shed
Exterior Type:Wood
Fireplace(s):Family Room
Cool:Central Electric
Heat:Forced Air
Water Heater:Dishwasher, Disposal, Gas Water Heater, Microwave, Gas Oven, Refrigerator
Total Rooms:4
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 Elizabeth Brewer with Hoosier Roots Real Estate Solutions, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/22/2024 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 1454 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.