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(SOLD) $450,000

227 N Alabama Street Indianapolis, IN  46204

  • 3 Beds
  • 4 Baths
  • 1,830 sq. Ft

Property Description for 227 N Alabama Street Indianapolis, IN 46204

Welcome to 227 N Alabama Street! This outstanding opportunity offers a coveted downtown location, just steps away from Bottleworks, Mass Ave, Lucas Oil Stadium, Gainbridge Fieldhouse, and an array of shops and restaurants. The interior features fresh paint throughout and new carpet, creating a bright and inviting atmosphere. The hearth room is centered around a cozy gas fireplace, perfect for relaxing after a long day. Each spacious bedroom includes an en-suite bathroom, providing ultimate privacy and convenience. The balcony off the kitchen is the ideal spot for enjoying your morning coffee. A rare main level bedroom and bathroom and 2-car attached garage complete this offering. Don't miss your chance to own this exceptional townhouse in the heart of popular Firehouse Square!

Address:227 N Alabama Street Indianapolis IN 46204
Status:Sold
Sold On: 6/7/2024
Price:$464,900
Bedrooms:3 Beds
Bathrooms:3 Full Baths, 1 Half Baths
Sq. Feet:1,830
Year Built:2002
Lot Size:0.05
County: Marion
Township: Center NE
MLS #:21953015
Property Type:Townhouse

Lot Dimensions:2358
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :310
Upper Level Sq. Ft. :1,520
Total Sq. Ft. :1,830

Loan Price
$3,348
Price And Interest $2,347/month
Property Tax $813/month
MTG INS $0/month
HOME INS $188/month
Price
$450,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$813/month
Home Owner Insurance
$2,256 / year
HOA Dues
$106 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 12' x 11' Upper
Primary Bedroom 12' x 16' Upper
Bedroom 2 14' x 13' Upper
Hearth Room 11' x 17' Upper
Kitchen 8' x 17' Upper
Bedroom 3 11' x 12' Main
Dining Room 12' x 8' Upper
Laundry 11' x 6' Main

Semi-Annual Property Tax:$4,880
Tax Year:2023
Mandatory HOA Fee:$425
HOA Fee Paid:Quarterly

Area: 4912 - Marion - Center Ne
City:Indianapolis
Subdivision: Firehouse Square
Zip Code:46204

Total Sq. Ft.:1,830
Interior Features:Center Island, Hi-Speed Internet Availbl, Programmable Thermostat, Walk-in Closet(s)
Eating Area(s):Dining Combo/Living Room
Appliances:Gas Cooktop, Dishwasher, Dryer, Disposal, Oven, Double Oven, Refrigerator, Washer, Water Heater
Exterior Features:Balcony
Exterior Type:Brick
Fireplace(s):Gas Log, Hearth Room
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Gas Cooktop, Dishwasher, Dryer, Disposal, Oven, Double Oven, Refrigerator, Washer, Water Heater
Total Rooms:8
Matt Kressley, REALTOR®/Broker, F. C. Tucker Company
Matt Kressley
Phone (317) 445-3767
Additional Phone (317) 259-6000
F.C. Tucker Company
VISIT MY PROFILE
Sam Hawkins, REALTOR®/Broker, F. C. Tucker Company
Co-Listing Agent
Sam Hawkins
(317) 679-9211
VISIT MY PROFILE

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

Based on information submitted to the MLS GRID as of 02/21/2024 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 926 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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