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$179,000 ↓$20,000on 10/1/2024

208 N Tacoma Avenue Indianapolis, IN  46201

  • 3 Beds
  • 3 Baths
  • 2,887 sq. Ft

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Property Description for 208 N Tacoma Avenue Indianapolis, IN 46201

INVESTOR ALERT! Seize the opportunity to complete a promising flip in one of Indy's most sought-after revitalizing neighborhoods on the near eastside. This spacious 3-bedroom, 2.5-bath home boasts nearly 2400sq ft of finished living space and is ideally located just minutes from downtown. Surrounded by lots of new construction and remodeled homes, it sits right in the path of progress-an excellent investment for those looking to capitalize on the area's growth. The heavy lifting has been done: the property has been taken down to the studs, framed, drywalled, with electrical and plumbing rough-ins already completed. A brand-new roof and siding are in place, giving you a head start. Customize the final finishes and maximize your returns! A large concrete pad in the back offers the potential for a garage or ADU, adding an additional value-add opportunity for savvy investors. With its prime location, this property is perfect for a variety of investment strategies-whether you plan to flip, rent, or tap into the city's booming short-term rental market. Don't miss this chance to invest in a fast-growing, high-demand area!
QuickBuy option for home selling

Address:208 N Tacoma Avenue Indianapolis IN 46201
Status:Active
on site: 40 days
Price:$179,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:2,887
Year Built:1977
Lot Size:0.12
County: Marion
Township: Center
MLS #:22002455
Property Type:Single Family Residence

Lot Dimensions:5184
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,342
Upper Level Sq. Ft. :1,030
Total Sq. Ft. :2,887
Basement:Yes

Loan Price
$1,248
Price And Interest $934/month
Property Tax $239/month
MTG INS $0/month
HOME INS $75/month
Price
$179,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$239/month
Home Owner Insurance
$900 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/01/24 $199,000 $179,000 -10.05%

RoomSizeLevel
Living Room 16x14 Main
Dining Room 12x13 Main
Kitchen 13x10 Main
Primary Bedroom 13x12 Main
Bedroom 2 10x10 Main
Bedroom 3 10x10 Upper

Semi-Annual Property Tax:$1,431
Tax Year:2023
Other Disclosures:As Is
Mandatory HOA Fee:$

Area: 4912 - Marion - Center Ne
City:Indianapolis
Subdivision: Ogle Etal East Park
Zip Code:46201

Total Sq. Ft.:2,887
Interior Features:Windows Vinyl
Eating Area(s):Formal Dining Room
Appliances:None
Exterior Type:Cement Siding
Cool:None
Heat:No Heating
Water Heater:None
Total Rooms:5
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 Peter Stewart with Keller Williams Indpls Metro N from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/17/2024 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 1519 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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