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(SOLD) $450,000

2419 E 10th Street Indianapolis, IN  46201

Property Description for 2419 E 10th Street Indianapolis, IN 46201

Welcome to this incredible investment opportunity! Situated in a prime location, this fully renovated duplex could be a money maker for savvy investors looking to maximize their returns. Just minutes from downtown restaurants and entertainment. This duplex is offering convenience and accessibility to amenities, schools, and transportation options, enhancing its attractiveness to potential tenants. This three-story duplex has modern amenities and spacious layouts, with each side featuring 3 bedrooms and 2.5 bathrooms. Both sides of the duplex come with signed leases, providing stability and consistent cash flow for the investor. The 2417 side is leased until March 2025, while the 2419 side is leased until February 2026, ensuring immediate returns on investment. Owner Occupied Buyers will need to negotiate the release of Tenant Leases. With a total monthly rent income of $3,350, this property offers a substantial revenue stream. Tenants are responsible for all utilities and trash pick-up expenses further maximizing the potential ROI. Recently renovated from the basement up, this duplex exudes modern charm and functionality. With new finishes and new systems throughout. Costly repairs shouldn't be needed if well maintained. This is welcomed by the investor and the Tenant The property comes fully equipped with all new appliances, including two oven/range units, two dishwashers, and two refrigerators. Additionally, each unit features its own washer/dryer, conveniently located in the primary suite on the third floor. In summary, this cash-flowing duplex presents a compelling investment opportunity with its prime location, stable rental income, and renovations. Don't miss out on the chance. Owner Occupied Buyers are welcome. Tenant would need to be vacated per negotiated terms.
QuickBuy option for home selling

Address:2419 E 10th Street Indianapolis IN 46201
Status:Sold
Sold On: 9/26/2024
Price:$450,000
Bathrooms:0
Year Built:1965
Lot Size:0.12
County: Marion
Township: Center
MLS #:21967799
Property Type:Duplex

Lot Dimensions:5053
Road Frontage:City Street
Road Access:Not Applic
Directions:GPS Friendly
Basement:Yes

Loan Price
$2,802
Price And Interest $2,347/month
Property Tax $267/month
MTG INS $0/month
HOME INS $188/month
Price
$450,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$267/month
Home Owner Insurance
$2,256 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$1,604
Tax Year:2022
Financial Disclosures:Common Wall Agreement
Other Disclosures:None, Sales Disclosure Supplements, Other
Mandatory HOA Fee:$

Area: 4912 - Marion - Center Ne
Subdivision: No Subdivision
Zip Code:46201

Exterior Features:Not Applicable
Exterior Type:Cement Siding
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 Rodney Forrest with eXp Realty, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 03/10/2024 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 1393 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.