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(SOLD) $183,704

2931 E 56th Street Indianapolis, IN  46220

  • 2 Beds
  • 1 Baths
  • 2,704 sq. Ft

Property Description for 2931 E 56th Street Indianapolis, IN 46220

Investors-this is an excellent location! This property is next door to the new Nickel plate trail! Easy access to interstates, as well as great dining and entertainment in neighboring SoBro and Broad Ripple. This 2 bedroom home includes a detached carriage house. The main property has loads of potential with original wood trim and doors. The yellow carriage house (2931 1/2) offers a living room, eat-in kitchen, 1 bedroom, a bonus room, full bath updated in recent years with a new tub/shower combo, plus laundry room. Separate gravel parking for each home. These homes have been rental properties for many years. The seller was mid-remodel and has decided to sell AS-IS. The kitchen has been demoed and is ready for a remodel. The flooring has been removed in most rooms. Great opportunity here for the right buyer. Room sizes are approximate and should be confirmed by buyer.
QuickBuy option for home selling

Address:2931 E 56th Street Indianapolis IN 46220
Status:Sold
Sold On: 10/28/2024
Price:$183,704
Bedrooms:2 Beds
Bathrooms:1 Full Baths
Sq. Feet:2,704
Year Built:1925
Lot Size:0.18
County: Marion
Township: Washington
MLS #:22006255
Property Type:Single Family Residence

Lot Dimensions:7623
Lot Features:Access, Corner Lot, Mature Trees, Variance, Zoned, See Remarks
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :2,016
Total Sq. Ft. :2,704
Basement:Yes

Loan Price
$1,438
Price And Interest $958/month
Property Tax $403/month
MTG INS $0/month
HOME INS $77/month
Price
$183,704
Down Payment %
0 %
Down Payment
$0
Property Taxes
$403/month
Home Owner Insurance
$924 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 10X8 Main
Dining Room 14x12 Main
Kitchen 12 X 8 Main
Laundry 12 X 12 Main
Primary Bedroom 12 X 12 Main
Bedroom 2 12x10 Main
Bonus Room 12x10 Main

Semi-Annual Property Tax:$2,415
Tax Year:2023
Other Disclosures:None
Mandatory HOA Fee:$

Area: 4903 - Marion - Washington
City:Indianapolis
Subdivision: Buehlers 56th St
Zip Code:46220

Total Sq. Ft.:2,704
Interior Features:Raised Ceiling(s)
Eating Area(s):Formal Dining Room
Appliances:None
Exterior Type:Wood
Cool:Central Electric
Heat:Forced Air
Water Heater:None
Total Rooms:7
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 Leticia Latinovich with Real Broker, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/10/2024 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 1040 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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