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(SOLD) $240,000

  • 2 Beds
  • 2 Baths
  • 1,554 sq. Ft

Property Description for 3260 Eddy Court Indianapolis, IN 46214

You never thought it was possible, but go ahead and let yourself do it! Take advantage of this prime opportunity to improve this light fixer-upper as an investment, make it your 2nd home, or love it so much, decide to stay year round! The home needs some cosmetics and minor repairs that won't break the budget but allows you to get a little creative! Make sure to focus in on why this diamond in the rough is the right buy for the price: 1,544 sq.ft., loads of direct shoreline, a wraparound deck, a private dock, a primary bedroom on the main, tall ceilings, and a flexible loft space that could serve other purposes and possibly add value if you are imaginative. This is your missing gem. The convenience and location close to I-74 and 465 make having a lake home a possibility at an affordable price. Features and improvements: newer walk-in shower in the primary en suite, tile in the kitchen, electric fireplace. Turn this house into "home" by adding preferential improvements as the neighborhood market values appear supportive. Use the incredible deck space with a gazebo, lights, gas grill, hot tub and fire pit to relax from a long day. Try a sunset cruise with your favorite beverage in hand and return to kick up your heels with friends on the spacious deck! Home is sold AS IS, WHERE IS. A transferable home warranty will be provided for up to 1 Year from list date with an option for the Buyer to pay to extend coverage in the future.

Address:3260 Eddy Court Indianapolis IN 46214
Status:Sold
Sold On: 11/8/2024
Price:$260,000
Bedrooms:2 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,554
Year Built:1991
Lot Size:0.12
County: Marion
Township: Wayne
MLS #:22002950
Property Type:Single Family Residence

Lot Dimensions:5330
Lot Features:Cul-De-Sac, Curbs, Storm Sewer, Street Lights
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,122
Upper Level Sq. Ft. :432
Total Sq. Ft. :1,554

Loan Price
$1,595
Price And Interest $1,252/month
Property Tax $243/month
MTG INS $0/month
HOME INS $100/month
Price
$240,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$243/month
Home Owner Insurance
$1,200 / year
HOA Dues
$41 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 14x10 Main
Bedroom 2 11x10 Upper
Loft 15x12 Upper
Great Room 18x13 Main
Dining Room 11x10 Main
Kitchen 15x9 Main

Semi-Annual Property Tax:$1,460
Tax Year:2023
Other Disclosures:As Is, Cosmetics Needed, Fixer Upper, Sales Disclosure Supplements, Other
Mandatory HOA Fee:$489
HOA Fee Paid:Annually

Area: 4909 - Marion - Wayne
Subdivision: The Islands
Zip Code:46214

Total Sq. Ft.:1,554
Interior Features:Attic Access, Cathedral Ceiling(s), Paddle Fan, Hi-Speed Internet Availbl, Programmable Thermostat, Screens Some
Interior Area(s):Laundry in Unit
Eating Area(s):Dining Combo/Kitchen
Appliances:Dishwasher, Dryer, Electric Water Heater, Disposal, MicroHood, Microwave, Electric Oven, Refrigerator, Washer
Exterior Features:Gas Grill, Lighting, Outdoor Fire Pit
Exterior Type:Vinyl With Brick
Fuel:No Fuel Source
Fireplace(s):Electric, Great Room
Cool:Central Electric
Heat:Electric, Forced Air
Water Heater:Dishwasher, Dryer, Electric Water Heater, Disposal, MicroHood, Microwave, Electric Oven, Refrigerator, Washer
Total Rooms:6
Kim White, REALTOR®/Broker, F. C. Tucker Company
Kim White
Phone (317) 509-8793
Additional Phone (317) 271-1700
F.C. Tucker Company
Preeti Chaggar, REALTOR®/Broker, F. C. Tucker Company
Co-Listing Agent
Preeti Chaggar
(510) 926-2125

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

Based on information submitted to the MLS GRID as of 09/22/2024 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 1191 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.