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(SOLD) $161,500

224 Iowa Street Indianapolis, IN  46225

  • 3 Beds
  • 1 Baths
  • 2,702 sq. Ft

Property Description for 224 Iowa Street Indianapolis, IN 46225

Excellent opportunity in the Bates Hendricks neighborhood! Hardwoods and wood trim are in good shape. Tall windows bring in natural light to each room with raised ceilings. Great option for savvy owner occupant buyers to get in at an entry price in a highly appreciating neighborhood. For investors, probably needs high end rehab to get the most of it. The half story/attic space is only partially finished, but has great potential to add more livable space or an owner's suite. ARV for existing properties is 368k. New builds are selling for 500k or more. Don't miss out!
QuickBuy option for home selling

Address:224 Iowa Street Indianapolis IN 46225
Status:Sold
Sold On: 8/20/2023
Price:$168,500
Bedrooms:3 Beds
Bathrooms:1 Full Baths
Sq. Feet:2,702
Year Built:1955
Lot Size:0.10
County: Marion
Township: Center SW
MLS #:21929425
Property Type:Single Family Residence

Lot Dimensions:4400
Water Source:Municipal/City
Directions:Use GPS
Main Level Sq. Ft. :1,254
Upper Level Sq. Ft. :1,134
Total Sq. Ft. :2,702
Basement:Yes

Loan Price
$1,108
Price And Interest $842/month
Property Tax $199/month
MTG INS $0/month
HOME INS $67/month
Price
$161,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$199/month
Home Owner Insurance
$804 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 13x13 Main
Primary Bedroom 13x14 Main
Bedroom 2 13x14 Main
Bedroom 3 9x16 Main
Kitchen 11x16 Main
Laundry 14x8 Main
Bonus Room 22x25 Upper
Bonus Room 22x25 Upper

Semi-Annual Property Tax:$1,193
Tax Year:2022
Mandatory HOA Fee:$

Area: 4914 - Marion - Center Sw
City:Indianapolis
Subdivision: Kappes & Franks South
Zip Code:46225

Total Sq. Ft.:2,702
Interior Features:Attic Stairway, Raised Ceiling(s), Hardwood Floors, Storms Some
Eating Area(s):Dining Combo/Kitchen
Appliances:Gas Oven, Refrigerator
Exterior Type:Aluminum Siding, Vinyl Siding
Cool:None
Heat:Forced Air
Water Heater:Gas Oven, Refrigerator
Total Rooms:8
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 Jessica Bischoff with JRB Group from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 06/27/2023 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

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 15 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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