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$1,199,000 ↓$100,900on 9/9/2024

1948 Central Avenue Indianapolis, IN  46202

  • 5 Beds
  • 4 Baths
  • 4,347 sq. Ft

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Property Description for 1948 Central Avenue Indianapolis, IN 46202

Discover contemporary luxury nestled within the historic charm of Herron Morton, Indianapolis! This newer construction boasts five bedrooms and four baths, blending modern sophistication with timeless allure. The open-concept design, drenched in natural light and adorned with top-tier finishes, beautifully showcases the spaciousness of each bedroom and its luxurious accompanying bath. The finished basement adds versatile living options, perfectly complementing the four-bedroom layout. Whether it's entertainment, relaxation, or creating a private retreat, this space adapts to your needs. Nestled amidst downtown amenities and cultural hubs, this urban retreat offers a tranquil escape. Returning home to this blend of modern elegance and historical richness is an unparalleled experience in Indianapolis. Don't miss this chance to own a slice of contemporary luxury in a neighborhood steeped in history. With five bedrooms and four baths offering ultimate comfort and convenience, this property is a testament to sophistication and comfort in a historic setting.
QuickBuy option for home selling

Address:1948 Central Avenue Indianapolis IN 46202
Status:Active
on site: 339 days
Price:$1,199,000
Bedrooms:5 Beds
Bathrooms:4 Full Baths
Sq. Feet:4,347
Year Built:2015
Lot Size:0.33
County: Marion
Township: Center NE
MLS #:21956390
Property Type:Single Family Residence

Lot Dimensions:14331
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,449
Upper Level Sq. Ft. :1,449
Total Sq. Ft. :4,347
Basement:Yes

Loan Price
$7,723
Price And Interest $6,255/month
Property Tax $968/month
MTG INS $0/month
HOME INS $500/month
Price
$1,199,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$968/month
Home Owner Insurance
$6,000 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
09/09/24 $1,299,900 $1,199,000 -7.76%

RoomSizeLevel
Kitchen 18x13 Main
Dining Room 18x14 Main
Mud Room 08x07 Main
Bedroom 2 12x12 Upper
Laundry 09x06 Upper
Bedroom 4 15x13 Upper
Utility Room 31x12 Basement
Living Room 22x18 Main
Primary Bedroom 18x16 Upper
Bedroom 5 12x10 Main
Bedroom 3 12x11 Upper
Family Room 35x14 Basement
Bonus Room 11x10 Basement

Semi-Annual Property Tax:$5,810
Tax Year:2023
Other Disclosures:Not Applicable
Mandatory HOA Fee:$

Area: 4912 - Marion - Center Ne
City:Indianapolis
Subdivision: Herron Morton
Zip Code:46202

Total Sq. Ft.:4,347
Interior Features:Raised Ceiling(s), Hardwood Floors, Eat-in Kitchen, Walk-in Closet(s), Wet Bar, Windows Thermal
Eating Area(s):Formal Dining Room
Appliances:Electric Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Refrigerator, Washer
Exterior Type:Brick, Cement Siding
Cool:Central Electric
Heat:Forced Air
Water Heater:Electric Cooktop, Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Refrigerator, Washer
Total Rooms:12
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 Seth Patton with Luxcity Realty from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 12/17/2023 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 1421 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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