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$150,000 ↓$20,000on 10/30/2024

2620 E 56th Street Indianapolis, IN  46220

  • 2 Beds
  • 2 Baths
  • 1,144 sq. Ft

Property Description for 2620 E 56th Street Indianapolis, IN 46220

Investor Special! Fixer-Upper Opportunity Near Broad Ripple This charming 2-bedroom, 2-bath home is brimming with potential! Located just minutes from the vibrant Broad Ripple area, this property offers the perfect canvas for your next project. Spacious Living Room with vaulted ceilings and skylights, primary Bedroom with its own vaulted ceiling and skylight, giving the space a bright, airy feel. Two-Car Attached Garage offering ample storage and parking convenience. Covered Rear Porch-ideal for relaxing or entertaining guests. With its unique character, this home just needs some TLC to truly shine. If you're an investor looking for your next flip, this is your chance to create something special. Don't miss out on this incredible opportunity!

Address:2620 E 56th Street Indianapolis IN 46220
Status:Active
on site: 24 days
Price:$150,000
Bedrooms:2 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,144
Year Built:1987
Lot Size:0.14
County: Marion
Township: Washington
MLS #:22005089
Property Type:Single Family Residence

Lot Dimensions:6011
Water Source:Municipal/City
Directions:GPS Friendly
Abv. Grnd. Sq. Ft. :2,000
Main Level Sq. Ft. :1,144
Total Sq. Ft. :1,144

Loan Price
$1,082
Price And Interest $782/month
Property Tax $237/month
MTG INS $0/month
HOME INS $63/month
Price
$150,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$237/month
Home Owner Insurance
$756 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/30/24 $170,000 $150,000 -11.76%

RoomSizeLevel
Living Room 13x10 Main
Dining Room 6x7 Main
Kitchen 10x6 Main
Laundry 4X7 Main
Primary Bedroom 7X5 Main
Bedroom 2 11x10 Main

Semi-Annual Property Tax:$1,423
Tax Year:2023
Other Disclosures:As Is
Mandatory HOA Fee:$

Area: 4903 - Marion - Washington
City:Indianapolis
Subdivision: North Kessler Manor
Zip Code:46220

High School:North Central High School

Total Sq. Ft.:1,144
Interior Features:Cathedral Ceiling(s), Vaulted Ceiling(s), Skylight(s), Walk-in Closet(s)
Eating Area(s):Dining Combo/Great Room
Appliances:None
Exterior Type:Wood
Fireplace(s):Living Room
Cool:None
Heat:Electric, Gas
Water Heater:None
Total Rooms:7
Connie Perkins, REALTOR®/Broker, F. C. Tucker Company
Connie Perkins
Phone (317) 285-8933
Additional Phone (317) 846-7751
F.C. Tucker Company
VISIT MY PROFILE

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

Based on information submitted to the MLS GRID as of 10/06/2024 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

81
Avg. DOM

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 1531 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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