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(SOLD) $477,000

3250 E Loretta Drive Indianapolis, IN  46227

  • 3 Beds
  • 2 Baths
  • 6,440 sq. Ft

Property Description for 3250 E Loretta Drive Indianapolis, IN 46227

(HOME ON 3 ACRES!!!) DON'T MISS OUT ON THIS ONE!! This Beautiful Ranch with over 6000 square feet and is sitting on just over 3 acres and close to everything, this is a hard one to come by. What are you waiting for? This home just has so much to offer, from it picturesque views to all of the large living spaces for entertaining family and friends. While sitting out on your screened in porch area just relax and enjoy the serenity. There are additional rooms in this home that could be converted to extra bedrooms if you need them. The basement is so large you can create your own dream space. There are multiple options that you can utilize the space for, from a workshop to large living room and or fitness area, the use for this space is endless. Make it your own!! Lots of room in this home for storage and lets not forget about the fact that is has a large 3 car attached garage and nice long driveway! All of this and No HOA!! Schedule your showing today!!
QuickBuy option for home selling

Address:3250 E Loretta Drive Indianapolis IN 46227
Status:Sold
Sold On: 12/4/2024
Price:$525,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:6,440
Year Built:1952
Lot Size:3.17
County: Marion
Township: Perry
MLS #:22005254
Property Type:Single Family Residence

Lot Dimensions:138085
Lot Features:Mature Trees
Water Source:Municipal/City
Directions:From McFarland Road, turn onto E. Loretta Dr. home is on the left.
Main Level Sq. Ft. :3,220
Total Sq. Ft. :6,440
Basement:Yes

Loan Price
$3,115
Price And Interest $2,488/month
Property Tax $428/month
MTG INS $0/month
HOME INS $199/month
Price
$477,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$428/month
Home Owner Insurance
$2,388 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 15x23 Main
Dining Room 13x14 Main
Kitchen 15x17 Main
Laundry 6x10 Main
Primary Bedroom 13x21 Main
Bedroom 2 12x14 Main
Bedroom 3 12x14 Main
Great Room 24x28 Main
Office 12x12 Main
Bonus Room 11x13 Main
Sun Room 12x12 Main
Family Room 16x20 Basement
Bonus Room 12x14 Basement
Play Room 20x22 Basement

Semi-Annual Property Tax:$2,566
Tax Year:2023
Mandatory HOA Fee:$

Area: 4907 - Marion - Perry
City:Indianapolis
Subdivision: Hillcrest
Zip Code:46227

Total Sq. Ft.:6,440
Interior Features:Attic Access, Breakfast Bar, Built In Book Shelves, Entrance Foyer, Paddle Fan, Eat-in Kitchen, Pantry, Windows Vinyl, Wood Work Painted
Eating Area(s):Formal Dining Room
Appliances:Dishwasher, Dryer, Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator, Washer, Water Purifier, Water Softener Owned
Exterior Features:Storage Shed
Exterior Type:Stone, Wood
Cool:Central Electric
Heat:Electric, Forced Air, Heat Pump
Water Heater:Dishwasher, Dryer, Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator, Washer, Water Purifier, Water Softener Owned
Total Rooms:14
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 Patricia Cavanaugh with Home Bound Real Estate LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/04/2024 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

137
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 $1,436.60. 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 $265,000.00 and the average price per square feet is $153.99 per square feet. At the moment, the amount of homes listed is exactly 9886 houses, with 2272 with active status, 1101 with pending status and 6513 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 $3,058.56. 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 69 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 1008 minutes ago.

At the moment we have 90 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 $38,900.00 . 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 2103.24 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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