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$125,000 ↓$5,000on 11/4/2024

3047 Meredith Avenue Indianapolis, IN  46201

  • 2 Beds
  • 1 Baths
  • 1,680 sq. Ft

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Property Description for 3047 Meredith Avenue Indianapolis, IN 46201

Charming ranch home in Forest Park on Indy's near eastside. Fantastic find for investors and anyone looking for a cozy place to call home. 2 bed / 1 bath with 840 SQFT features an impressive list of updates. Complete bathroom renovation, new water heater, baseboards and a fresh coat of paint inside and out (2024). Property feels bright and inviting. New sewer line installed in 2023 and laminate hardwood flooring added (2022). Recent repairs to the foundation and chimney enhance the home's stability. Front entry ramp makes the property accessible to all. Moments from downtown, Bottleworks District, Christian Park and Irvington. Whether you're looking to grow your investment portfolio or find a new place to settle down, this delightful ranch is definitely worth a visit!

Address:3047 Meredith Avenue Indianapolis IN 46201
Status:Active
on site: 28 days
Price:$125,000
Bedrooms:2 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,680
Year Built:1940
Lot Size:0.12
County: Marion
Township: Center
MLS #:22007625
Property Type:Single Family Residence

Lot Dimensions:5271
Lot Features:Sidewalks, Mature Trees
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :840
Total Sq. Ft. :1,680
Basement:Yes

Loan Price
$742
Price And Interest $652/month
Property Tax $38/month
MTG INS $0/month
HOME INS $52/month
Price
$125,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$38/month
Home Owner Insurance
$624 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/04/24 $130,000 $125,000 -3.85%

RoomSizeLevel
Family Room 16x13 Main
Kitchen 13x14 Main
Primary Bedroom 13x14 Main
Bedroom 2 10x11 Main

Semi-Annual Property Tax:$229
Tax Year:2023
Other Disclosures:As Is
Mandatory HOA Fee:$

Area: 4913 - Marion - Center Se
City:Indianapolis
Subdivision: Forest Park
Zip Code:46201

Total Sq. Ft.:1,680
Interior Features:Eat-in Kitchen
Interior Area(s):Living Room Formal
Eating Area(s):Dining Combo/Kitchen
Appliances:Dishwasher, Gas Oven, Water Heater
Exterior Features:Storage Shed
Exterior Type:Vinyl Siding
Cool:None
Heat:Gas
Water Heater:Dishwasher, Gas Oven, Water Heater
Total Rooms:4
Katie Fese, REALTOR®/Broker, F. C. Tucker Company
Katie Fese
Phone (317) 809-6312
Additional Phone (317) 259-6000
F.C. Tucker Company
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Listing provided courtesy of Catherine Fese with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/24/2024 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 1989 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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