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$207,000 ↓$8,000on 8/28/2024(Pending)

2040 N Drexel Avenue Indianapolis, IN  46218

  • 4 Beds
  • 2 Baths
  • 1,816 sq. Ft

Property Description for 2040 N Drexel Avenue Indianapolis, IN 46218

3 levels of finished space offers room for everyone to spread out in this 4 bedroom home. The addition of an Owner's Suite in the newly finished basement provides a walk-in shower and large closet. The new kitchen features soft close cabinetry, Quartz countertops, and brand-new stainless-steel appliances. New LVP flooring, carpet, lighting, switches, outlets, doorknobs, and freshly painted inside and out. New roof, windows, central air, and exterior doors. Updated 200 AMP electrical service. The new wood deck and large fenced backyard are great for entertaining, kids, and pets. Great location minutes to downtown Indy, Pogue's Run Art & Nature Park, and interstate access.

Address:2040 N Drexel Avenue Indianapolis IN 46218
Status:Pending
on site: 75 days
Price:$207,000
Bedrooms:4 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,816
Year Built:1947
Lot Size:0.16
County: Marion
Township: Center
MLS #:21991849
Property Type:Single Family Residence

Lot Dimensions:6795
Water Source:Community Water
Directions:West on 21st Street from Emerson, south on Drexel to home on the west side of the street.
Main Level Sq. Ft. :728
Upper Level Sq. Ft. :360
Total Sq. Ft. :1,816
Basement:Yes

Loan Price
$1,316
Price And Interest $1,080/month
Property Tax $150/month
MTG INS $0/month
HOME INS $86/month
Price
$207,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$150/month
Home Owner Insurance
$1,032 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
08/28/24 $215,000 $207,000 -3.72%

RoomSizeLevel
Kitchen 16x10 Main
Primary Bedroom 16x9 Basement
Bedroom 2 11x10 Main
Living Room 15x10 Main
Loft 13x10 Upper
Bonus Room 13x8 Basement
Bedroom 3 11x9 Main
Bedroom 4 10x10 Upper
Laundry 13x10 Basement

Semi-Annual Property Tax:$902
Tax Year:2024
Mandatory HOA Fee:$

Area: 4912 - Marion - Center Ne
City:Indianapolis
Subdivision: Glenridge
Zip Code:46218

High School:Arsenal Technical High School
Middle School:H L Harshman Middle School
Elementary School:Brookside School 54

Total Sq. Ft.:1,816
Interior Features:Eat-in Kitchen
Eating Area(s):Dining Combo/Kitchen
Appliances:Dishwasher, Disposal, MicroHood, Electric Oven, Refrigerator
Equipment:Smoke Alarm
Exterior Type:Aluminum Siding, Stone
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Disposal, MicroHood, Electric Oven, Refrigerator
Total Rooms:9
Jeremy Sandlin, REALTOR®/Broker, F. C. Tucker Company
Jeremy Sandlin
Phone (317) 441-4675
Additional Phone (317) 849-5050
F.C. Tucker Company
VISIT MY PROFILE

Listing provided courtesy of Jeremy Sandlin with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/14/2024 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 not dropping at the moment. There has been a increase in price of $4,203.04. 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 Up. The average house price is $274,900.00 and the average price per square feet is $158.66 per square feet. At the moment, the amount of homes listed is exactly 13776 houses, with 2299 with active status, 1302 with pending status and 10175 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 $3,261.91. 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 1049 minutes ago.

At the moment we have 23 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 $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 2145.88 sq.ft. , the biggest one being 14738 sq.ft. and the smaller being 443 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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