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(SOLD) $290,000

2024 Gerrard Avenue Indianapolis, IN  46224

  • 5 Beds
  • 2 Baths
  • 2,080 sq. Ft

Property Description for 2024 Gerrard Avenue Indianapolis, IN 46224

Special opportunity to purchase a move in ready home in Speedway w/ a full 3CAR GARAGE! Freshly updated, this one is a 5 bedroom , 2 bath, all for under $300,000!. Curb Appeal features sharp exterior full brick wrap which is complemented w/ modern black trim. A covered front porch is great to enjoy your fall evenings. Stunning original hardwood floors have been restored to original warmth & elegance. Brand new bath on main floor has just the right amount of farmhouse flair. Open kitchen features quartz counters and brand new stainless appliances! And that is just the main floor! The lower level is huge and waiting for your personal touch! TV/game room? Hobbies? Exercise Room? The Recreational room (could be 5th bedroom), separate bedroom w/ egress window, and brand new bath with walk in shower! There is even plenty of storage for those Christmas decorations. 1 1/2 block walk to elementary school; 1/2 mile walk to Indianapolis Motor Speedway for all your racing events! This could also be a perfect TURN KEY short term rental or AirBNB. 5 beds, 2 full baths! Come see it today!
QuickBuy option for home selling

Address:2024 Gerrard Avenue Indianapolis IN 46224
Status:Sold
Sold On: 10/22/2024
Price:$285,000
Bedrooms:5 Beds
Bathrooms:2 Full Baths
Sq. Feet:2,080
Year Built:1964
Lot Size:0.15
County: Marion
Township: Wayne Speedway
MLS #:22003873
Property Type:Single Family Residence

Lot Dimensions:6578
Lot Features:City Lot, Not In Subdivision
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,040
Total Sq. Ft. :2,080
Basement:Yes

Loan Price
$1,870
Price And Interest $1,513/month
Property Tax $236/month
MTG INS $0/month
HOME INS $121/month
Price
$290,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$236/month
Home Owner Insurance
$1,452 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 20x13 Main
Kitchen 13x11 Main
Primary Bedroom 14x13 Main
Bedroom 2 13x13 Main
Bedroom 3 13x11 Main
Bonus Room 29x13 Basement
Bedroom 4 15 X 10 Basement
Bedroom 5 14 X 24 Basement

Semi-Annual Property Tax:$1,414
Tax Year:2023
Other Disclosures:None
Mandatory HOA Fee:$

Area: 4993 - Marion - Wayne Speedway
City:Indianapolis
Subdivision: No Subdivision
Zip Code:46224

High School:Speedway Senior High School
Middle School:Speedway Junior High School
Elementary School:James A Allison Elementary Sch 3

Total Sq. Ft.:2,080
Interior Features:Attic Access, Attic Pull Down Stairs, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Screens Some, Windows Vinyl, Wood Work Painted
Interior Area(s):Bedroom Other on Main
Eating Area(s):Other Eating Area
Appliances:Electric Cooktop
Equipment:Smoke Alarm
Exterior Features:Not Applicable
Exterior Type:Brick
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Electric Cooktop
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 Jayne Gauci with The Gauci Group, INC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/25/2024 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 1125 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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