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(SOLD) $196,400

2418 N Capitol Avenue Indianapolis, IN  46208

  • 3 Beds
  • 3 Baths
  • 1,585 sq. Ft

Property Description for 2418 N Capitol Avenue Indianapolis, IN 46208

CURRENTLY IN FRAMING STAGE. Photos are of another home with very similar floor plan, finishes/materials may vary. Maximum Income Limits Apply for Buyer. Inquire with listing agent to determine possible eligibility. Amazing Structure Midwest home. Home backs up to Fall Creek Trail and Barton Park. See Floor plan included in attachments for property differences. This is a wonderful three bedroom, 2.5 bath home with an open floor plan. The open floor plan give tons of flexibility in use. Spacious kitchen with breakfast bar is great for entertaining and has all new kitchen appliances included in the sale. Kitchen will have hard surface countertops. Home is built to allow for visitability for guests with physical disability. Nice mud room off the back door with built-ins. The primary bedroom has a large walk-in closet. Convenient second story laundry room. Ensuite master bath gives with separate water closet for commode. Two Car Parking Concrete parking pad in the rear. Right across the creek from the Believe Charter School and Ivy Tech Community College and right down the street from IU Methodist Hospital. Easy access to the Monon Trail from the Fall Creek Trail. This is an affordable housing project developed by Near North Development Corp. Buyer's income must qualify under current HUD Income Limits. Property must be owner-occupied. INCOME RESTRICTIONS APPLY WITHOUT EXCEPTION! HUD HOME Program Income Limits - total combined household income of all members 18+ cannot exceed the following income thresholds: Household of 1: $54,150, Household of 2: $61,900, Household of 3: $69,650, Household of 4: $77,350, Household of 5: $88,500, Household of 6: $89,750. Seller will collect income documentation for compliance. Lot is 30' not 40' wide.
QuickBuy option for home selling

Address:2418 N Capitol Avenue Indianapolis IN 46208
Status:Sold
Sold On: 7/1/2024
Price:$196,400
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:1,585
Year Built:2024
Lot Size:0.10
County: Marion
Township: Center
MLS #:21964802
Property Type:Single Family Residence

Lot Dimensions:4500
Lot Features:Busline, City Lot, Sidewalks, Street Lights
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :834
Upper Level Sq. Ft. :751
Total Sq. Ft. :1,585

Loan Price
$1,127
Price And Interest $1,025/month
Property Tax $20/month
MTG INS $0/month
HOME INS $82/month
Price
$196,400
Down Payment %
0 %
Down Payment
$0
Property Taxes
$20/month
Home Owner Insurance
$984 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 16x15 Upper
Dining Room 14x11 Main
Kitchen 14x13 Main
Laundry 6x3 Upper
Primary Bedroom 14x9 Upper
Bedroom 2 10x9 Upper
Bedroom 3 10x9 Upper
Mud Room 7x4 Main

Semi-Annual Property Tax:$117
Tax Year:2022
Other Disclosures:None, Income Restrictions, Sales Disclosure Not Required
Mandatory HOA Fee:$

Area: 4911 - Marion - Center Nw
Subdivision: Metzgers Park Place
Zip Code:46208

Total Sq. Ft.:1,585
Accessibility Feature:Accessible Entrance
Interior Features:Attic Access, Breakfast Bar, Entrance Foyer, Hi-Speed Internet Availbl, Screens Complete, Walk-in Closet(s), Windows Vinyl
Interior Area(s):Living Room - 2 Story
Eating Area(s):Dining Combo/Family Room
Appliances:Electric Cooktop, Dishwasher, Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator
Equipment:Radon System, Security Alarm Paid, Smoke Alarm
Exterior Type:Vinyl Siding
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Electric Cooktop, Dishwasher, Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator
Total Rooms:6
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 David G Price with Fathom Realty from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 02/25/2024 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 901 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.