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(SOLD) $217,000

2350 Colfax Lane Indianapolis, IN  46260

  • 2 Beds
  • 3 Baths
  • 1,428 sq. Ft

Property Description for 2350 Colfax Lane Indianapolis, IN 46260

Welcome to this light, bright, and roomy 2-bedroom condo, perfect for those seeking a move-in-ready home in a secure, gated community. This beautiful condo features a spacious 2-car garage and boasts new windows on the 2nd level that fill the space with natural light. The well-designed kitchen includes a large pantry, breakfast bar, and ample dining space, making it ideal for both everyday living and entertaining. The primary suite offers a lovely retreat with a large walk-in closet. All appliances remain with the property, ensuring a seamless transition to your new home. Towne Park offers many amenities including a swimming pool area with a sundeck, lounge seating, fitness center, and clubhouse. Enjoy comfortable and convenient living in a well maintained gated community!

Address:2350 Colfax Lane Indianapolis IN 46260
Status:Sold
Sold On: 10/1/2024
Price:$227,000
Bedrooms:2 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:1,428
Year Built:2005
Lot Size:0.10
County: Marion
Township: Washington
MLS #:21993958
Property Type:Condominium

Lot Dimensions:4495
Lot Features:Gated Community
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :611
Upper Level Sq. Ft. :817
Total Sq. Ft. :1,428

Loan Price
$1,424
Price And Interest $1,132/month
Property Tax $202/month
MTG INS $0/month
HOME INS $90/month
Price
$217,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$202/month
Home Owner Insurance
$1,080 / year
HOA Dues
$295 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 21x12 Upper
Bedroom 2 12x10 Upper
Living Room 17x14 Main
Dining Room 12x10 Main
Kitchen 16x11 Main

Semi-Annual Property Tax:$1,209
Tax Year:2023
Other Disclosures:Sales Disclosure Supplements
Mandatory HOA Fee:$295
HOA Fee Paid:Monthly

Area: 4903 - Marion - Washington
City:Indianapolis
Subdivision: Towne Park
Zip Code:46260

Total Sq. Ft.:1,428
Interior Features:Breakfast Bar, Raised Ceiling(s), Paddle Fan, Pantry, Walk-in Closet(s), Windows Thermal
Interior Area(s):Laundry in Unit
Eating Area(s):Dining Combo/Living Room
Appliances:Dishwasher, Dryer, Gas Water Heater, Laundry Connection in Unit, Microwave, Electric Oven, Refrigerator, Washer, Water Heater, Water Softener Owned
Equipment:Smoke Alarm
Exterior Features:Clubhouse
Exterior Type:Vinyl With Brick
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, Gas Water Heater, Laundry Connection in Unit, Microwave, Electric Oven, Refrigerator, Washer, Water Heater, Water Softener Owned
Total Rooms:5
Tracy Ridings, REALTOR®/Broker, F. C. Tucker Company
Tracy Ridings
Phone (317) 455-5999
Additional Phone (317) 873-5391
F.C. Tucker Company
VISIT MY PROFILE
Forrest Ridings, REALTOR®/Broker, F. C. Tucker Company
Co-Listing Agent
Forrest Ridings
(317) 617-9435
Ridings Realty Group
VISIT MY PROFILE

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

Based on information submitted to the MLS GRID as of 08/07/2024 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 823 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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