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$399,000 ↓$20,000on 8/12/2024

305 Parkway Avenue Indianapolis, IN  46225

  • 4 Beds
  • 3 Baths
  • 2,732 sq. Ft

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Property Description for 305 Parkway Avenue Indianapolis, IN 46225

This beautifully updated home just minutes to downtown. As you step in to this light-filled, airy home you will note high ceilings and an open floorplan concept and lots of windows. The home features multiple living areas to personalize. The home features 4 bdrms. and 3 full baths. There is a bedroom and full bath on the main level. The gorgeous huge kitchen is perfect for multiple cooks. There are white quartz countertops, and stainless-steel appliances. The tile backsplash in charcoal and white are a perfect accent wall behind the stove and overhead exhaust system. The loads of cabinetry create tons of storage. The super-sized island is a great place for seating for a quick meal, or extra seating when entertaining friends and family. Whether you are in the living room or the kitchen the open-concept plan allows everyone to participate in whatever is happening. There is a space adjacent to the kitchen that would make an ideal space for the dining area or maybe the home office. As you climb the wide staircase to the 2nd floor there is a large loft space at the top, another ideal place for a home office. In addition, the upper level has 3 spacious bedrooms and 2 full baths. Attached to the Primary bedroom is a large ensuite, with a very big custom walk-in shower and double sink vanity. Plus, there is a big walk-in closet. Be on top of the world, think of sunsets and fireworks on the large deck. The home was renovated by the previous owner. There is light toned engineered-hardwood floors throughout the main level and loft. All upstairs bedrooms feature neutral carpet. Currently the home is used as a short-term rental(STR); but it is not necessarily being sold as a STR. Make this gorgeous home your own. Are you Physician (resident, intern or fellow), Pharmacists or Dentist. If so, ask about the Professional Loan program.
QuickBuy option for home selling

Address:305 Parkway Avenue Indianapolis IN 46225
Status:Active
on site: 125 days
Price:$399,000
Bedrooms:4 Beds
Bathrooms:3 Full Baths
Sq. Feet:2,732
Year Built:2015
Lot Size:0.08
County: Marion
Township: Center
MLS #:21991519
Property Type:Single Family Residence

Lot Dimensions:3311
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,192
Upper Level Sq. Ft. :980
Total Sq. Ft. :2,732
Basement:Yes

Loan Price
$2,936
Price And Interest $2,081/month
Property Tax $689/month
MTG INS $0/month
HOME INS $166/month
Price
$399,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$689/month
Home Owner Insurance
$1,992 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
08/12/24 $419,000 $399,000 -4.77%

RoomSizeLevel
Living Room 14x14 Main
Dining Room 11x14 Main
Kitchen 12x14 Main
Primary Bedroom 12x9 Upper
Bedroom 2 13x10 Upper
Bedroom 3 13x10 Upper
Bedroom 4 12x9 Main

Semi-Annual Property Tax:$4,136
Tax Year:2023
Mandatory HOA Fee:$

Area: 4913 - Marion - Center Se
Subdivision: Morris
Zip Code:46225

Total Sq. Ft.:2,732
Interior Features:Raised Ceiling(s), Center Island, Programmable Thermostat, Screens Complete
Interior Area(s):Laundry in Unit
Eating Area(s):Dining Combo/Great Room, Dining Combo/Living Room, Separate Room
Appliances:Dryer, Electric Water Heater, Disposal, Microwave, Gas Oven, Refrigerator
Equipment:Smoke Alarm, Sump Pump
Exterior Type:Cement Siding
Cool:Central Electric
Heat:Forced Air
Water Heater:Dryer, Electric Water Heater, Disposal, Microwave, Gas Oven, Refrigerator
Total Rooms:7
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Margaret D'Souza with Red Door Real Estate from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/17/2024 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 1651 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.