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(SOLD) $400,000

1940 E 88th Street Indianapolis, IN  46240

  • 3 Beds
  • 2 Baths
  • 3,238 sq. Ft

Property Description for 1940 E 88th Street Indianapolis, IN 46240

Welcome Home to this charming brick ranch nestled in the sought-after Nora Community. Meticulously maintained, this home boasts a blend of modern updates and timeless features. Step inside to discover beautifully updated kitchen with granite counter tops and stainless-steel appliances, updated baths, showcasing contemporary finishes that blend seamlessly with the home's original hardwood flooring. The primary bedroom offers a serene retreat with an ensuite bathroom featuring double sinks, a luxurious garden jetted tub, and a separate shower-perfect for unwinding after a long day. Bright and cheery sunroom that lets in lots of natural sunlight. Great Room open to dining area boast lot natural sunlight, fireplace and hardwood flooring. Outside, enjoy the privacy of a fenced backyard, complete with two convenient storage sheds for all your organizational needs. With pride of ownership evident throughout, this home is a testament to care and attention to detail-perfectly exemplified by the mantra "Mrs. Clean lives here." Check out all the closets with organizers. Don't miss your chance to own this exquisite property in a prime location. Schedule your showing today and imagine the possibilities of calling this place home.
QuickBuy option for home selling

Address:1940 E 88th Street Indianapolis IN 46240
Status:Sold
Sold On: 7/26/2024
Price:$400,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:3,238
Year Built:1958
Lot Size:0.55
County: Marion
Township: Washington
MLS #:21989372
Property Type:Single Family Residence

Lot Dimensions:24002
Lot Features:Mature Trees
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,820
Total Sq. Ft. :3,238
Basement:Yes

Loan Price
$2,531
Price And Interest $2,087/month
Property Tax $277/month
MTG INS $0/month
HOME INS $167/month
Price
$400,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$277/month
Home Owner Insurance
$2,004 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 19x14 Main
Dining Room 10x10 Main
Kitchen 18x10 Main
Laundry 8x6 Main
Primary Bedroom 18x11 Main
Bedroom 2 14x11 Main
Bedroom 3 14x12 Main
Sun Room 18x10 Main
Play Room 22x20 Basement

Semi-Annual Property Tax:$1,659
Tax Year:2023
Mandatory HOA Fee:$

Area: 4903 - Marion - Washington
City:Indianapolis
Subdivision: El Rico
Zip Code:46240

Total Sq. Ft.:3,238
Interior Features:Attic Access, Attic Pull Down Stairs, Breakfast Bar, Entrance Foyer, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Pantry, Windows Vinyl, Wood Work Painted
Interior Area(s):Bedroom Other on Main, Laundry in Unit
Eating Area(s):Breakfast Room
Appliances:Dishwasher, Dryer, Disposal, Gas Water Heater, Kitchen Exhaust, Electric Oven, Range Hood, Refrigerator, Washer, Water Softener Owned
Equipment:Smoke Alarm
Exterior Features:Barn Mini, Barn Storage
Exterior Type:Brick
Fireplace(s):Living Room, Woodburning Fireplce
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, Disposal, Gas Water Heater, Kitchen Exhaust, Electric Oven, Range Hood, Refrigerator, Washer, Water Softener Owned
Total Rooms:9
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 Judy Koehler with Carpenter, REALTORS® from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/08/2024 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 2026 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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