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$399,900 ↓$5,000on 11/6/2024

361 E 7th Street Indianapolis, IN  46202

  • 3 Beds
  • 3 Baths
  • 1,125 sq. Ft

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Property Description for 361 E 7th Street Indianapolis, IN 46202

Prime downtown location - a condo with a yard! What?!? You heard that right. Great opportunity to own a condo with a yard (that someone else mows) and private patio. This 3bd, 2.5 ba corner lot condo in Renaissance Place has been well maintained. Features include updated kitchen with granite counters, new furnace and A/C (2022), gas fireplace and permanent outdoor gas grill, and 2 car garage with parking for 2 more in driveway. Steps from Mass Ave, the Murat Theater and the Cultural Trail, and just a few blocks from Bottleworks. Own this beautiful condo while experiencing all downtown has to offer!
QuickBuy option for home selling

Address:361 E 7th Street Indianapolis IN 46202
Status:Active
on site: 100 days
Price:$399,900
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:1,125
Year Built:1982
Lot Size:0.12
County: Marion
Township: Center
MLS #:21995440
Property Type:Condominium

Lot Dimensions:5034
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :625
Upper Level Sq. Ft. :500
Total Sq. Ft. :1,125

Loan Price
$2,564
Price And Interest $2,086/month
Property Tax $311/month
MTG INS $0/month
HOME INS $167/month
Price
$399,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$311/month
Home Owner Insurance
$2,004 / year
HOA Dues
$218 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/06/24 $404,900 $399,900 -1.23%
10/11/24 $414,900 $404,900 -2.41%
08/26/24 $439,900 $414,900 -5.68%

RoomSizeLevel
Living Room 15x20 Main
Dining Room 8x10 Main
Kitchen 6x8 Main
Laundry 3x5 Main
Primary Bedroom 12x10 Upper
Bedroom 2 10x10 Upper
Bedroom 3 8x10 Upper

Semi-Annual Property Tax:$1,865
Tax Year:2023
Mandatory HOA Fee:$218
HOA Fee Paid:Monthly

Area: 4912 - Marion - Center Ne
City:Indianapolis
Subdivision: Renaissance Place
Zip Code:46202

Total Sq. Ft.:1,125
Interior Features:Attic Access, Vaulted Ceiling(s), Paddle Fan, Network Ready, Programmable Thermostat, Window Metal
Eating Area(s):Dining Combo/Living Room
Appliances:Electric Cooktop, Dishwasher, Electric Water Heater, Disposal, MicroHood, Microwave, Refrigerator
Exterior Type:Brick
Fireplace(s):Gas Log
Cool:Central Electric
Heat:Electric
Water Heater:Electric Cooktop, Dishwasher, Electric Water Heater, Disposal, MicroHood, Microwave, 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 Thomas Vessely with Ferris Property Group from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/11/2024 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 866 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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