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(SOLD) $82,000

1840 S Cole Street Indianapolis, IN  46241

  • 2 Beds
  • 1 Baths
  • 852 sq. Ft

Property Description for 1840 S Cole Street Indianapolis, IN 46241

Nestled in the neighborhood of Drexel Gardens, this house could make a great investment property for the savvy individual or investor! This delightful fixer-upper awaits your creative touch and is perfectly situated near the Indianapolis Airport-ideal for those on the go - put some sweat equity in to make this home on a beautiful double lot all your own!! An open concept kitchen and living space with lots of potential. 2 bedrooms and a full bath with extra storage space. Covered front porch or side patio are great for enjoying the outdoors. New fenced-in huge yard and garage with extra workspace or hangout space just waiting to be transformed into your dream studio or extra storage. Flooring in the home needs re-done as a prior long-term water heater leak caused damage. Water heater has been replaced. Furnace works but A/C does not. Selling as is. Siding and Windows were new in 2016.
QuickBuy option for home selling

Address:1840 S Cole Street Indianapolis IN 46241
Status:Sold
Sold On: 10/24/2024
Price:$80,000
Bedrooms:2 Beds
Bathrooms:1 Full Baths
Sq. Feet:852
Year Built:1948
Lot Size:0.22
County: Marion
Township: Wayne
MLS #:22005785
Property Type:Single Family Residence

Lot Dimensions:9440
Lot Features:Corner Lot, Mature Trees, Trees-Small (Under 20 Ft)
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :852
Total Sq. Ft. :852

Loan Price
$542
Price And Interest $428/month
Property Tax $80/month
MTG INS $0/month
HOME INS $34/month
Price
$82,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$80/month
Home Owner Insurance
$408 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 18x13 Main
Kitchen 13x11 Main
Laundry 7x6 Main
Primary Bedroom 12x11 Main
Bedroom 2 11x11 Main
Workshop 15x11 Main

Semi-Annual Property Tax:$481
Tax Year:2023
Other Disclosures:None, As Is, Fixer Upper, Needs Updating
Mandatory HOA Fee:$

Area: 4909 - Marion - Wayne
City:Indianapolis
Subdivision: Drexel Gardens
Zip Code:46241

Total Sq. Ft.:852
Accessibility Feature:Single type flooring
Interior Features:Attic Access, Eat-in Kitchen, Screens Some, Windows Thermal, Windows Vinyl
Interior Area(s):Laundry in Unit
Eating Area(s):Dining Combo/Family Room
Appliances:Dryer, Gas Water Heater, Kitchen Exhaust, Gas Oven, Refrigerator
Equipment:Not Applicable
Exterior Features:Outdoor Fire Pit, Storage Shed
Exterior Type:Vinyl Siding
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dryer, Gas Water Heater, Kitchen Exhaust, Gas Oven, Refrigerator
Total Rooms:5
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 Lori Ann Meyer with Highgarden Real Estate from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/07/2024 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

81
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 575 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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