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Open House:  Sunday, September 22, 2024, From 12:00 PM - 2:00 PM

$255,000

261 E Minnesota Street Indianapolis, IN  46225

  • 3 Beds
  • 2 Baths
  • 1,651 sq. Ft

Property Description for 261 E Minnesota Street Indianapolis, IN 46225

Discover this beautifully renovated home in the vibrant Bates Hendricks neighborhood, just moments from Fountain Square. This modern gem, updated in 2024, features a sleek kitchen with Samsung stainless steel appliances, new plumbing, wiring, and a 200 Amp electrical service. Enjoy year-round comfort with a brand-new HVAC system and updated ductwork. The exterior boasts durable LP Smart Siding, new windows, and a privacy fence, complemented by a new deck and freshly shingled shed. Inside, the versatile loft area offers endless possibilities, from a home office to a cozy retreat. This move-in-ready home perfectly blends contemporary updates with neighborhood charm-don't miss your chance to make it yours!

Sunday, September 22, 2024, From 12:00 PM - 2:00 PM

Address:261 E Minnesota Street Indianapolis IN 46225
Status:Active
on site: 7 days
Price:$255,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,651
Year Built:1900
Lot Size:0.10
County: Marion
Township: Center
MLS #:22001447
Property Type:Single Family Residence

Lot Dimensions:4400
Water Source:Municipal/City
Directions:From Raymond Street, proceed west. Head north on East Street, then west on Minnesota Street. Home will be on your left side.
Main Level Sq. Ft. :1,346
Upper Level Sq. Ft. :080
Total Sq. Ft. :1,651
Basement:Yes

Loan Price
$1,496
Price And Interest $1,330/month
Property Tax $60/month
MTG INS $0/month
HOME INS $106/month
Price
$255,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$60/month
Home Owner Insurance
$1,272 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 15x15 Main
Bedroom 2 10x12 Main
Living Room 15x15 Main
Kitchen 10x14 Main
Bedroom 3 9x12 Main
Bonus Room 9x10 Main
Loft 9x10 Upper
Laundry 9x10 Main

Semi-Annual Property Tax:$358
Tax Year:2023
Mandatory HOA Fee:$

Area: 4913 - Marion - Center Se
City:Indianapolis
Subdivision: Kappes & Franks South
Zip Code:46225

Total Sq. Ft.:1,651
Interior Features:Attic Access, Eat-in Kitchen
Eating Area(s):Dining Combo/Living Room
Appliances:Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator
Equipment:Not Applicable
Exterior Type:Wood Siding
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator
Total Rooms:8
Julie Preston, REALTOR®/Broker, F. C. Tucker Company
Julie Preston
Phone (317) 443-7429
Additional Phone (317) 891-0100
F.C. Tucker Company
VISIT MY PROFILE
Emily Hall, REALTOR®/Broker, F. C. Tucker Company
Co-Listing Agent
Emily Hall
(317) 797-3158
Julie & Associates
VISIT MY PROFILE

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

Based on information submitted to the MLS GRID as of 09/12/2024 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

25
Avg. DOM

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $10,832.93. 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 $273,000.00 and the average price per square feet is $158.65 per square feet. At the moment, the amount of homes listed is exactly 13560 houses, with 2229 with active status, 1293 with pending status and 10038 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 $3,223.43. 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 71 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 1490 minutes ago.

At the moment we have 203 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $5,500,000.00. 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 2163.38 sq.ft. , the biggest one being 14738 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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