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(SOLD) $300,000

3940 Kollman Road Indianapolis, IN  46241

  • 6 Beds
  • 5 Baths
  • 2,254 sq. Ft

Property Description for 3940 Kollman Road Indianapolis, IN 46241

A beautiful, unique 1890 farmhouse with property zoned residential/commercial secluded on 1.21 wooded acres is a wonderful rare find in Decatur Township! The wonderful historic farm home itself -features 1838 sq ft- 4/5 bedrooms, 2baths, country kitchen, pantry, LR/DR, small office, main level laundry and its very own front sitting porch to enjoy a fresh brew in the morning or a late afternoon lemonade! The remodeled MBR suite is complete with a new bath/shower, fixtures, cabinet/counter, sky lights and access to upper-level Located just 3 minutes from Indianapolis Airport, this historic property ALSO FEATURES an amazing renovated & fully operable detached 640 sq ft-2BR/1BA MOTHER IN LAW QUARTER/AIRBNB w/full kitchen, appliances, formal LR- PLUS a coveted 43'x40' (circa 1994) STEEL POLE BARN with 3 service garage doors, 20/25' ceilings, workshop, office, 2nd story loft for additional storage and 1/2 bath- perfect for an Owner Occupant/ Mother-in Law, investor/Rental/Airbnb or small commercial business owner! The farmhouse, Mother-in-Law quarters and Pole barn all on separate electrical meters, are surrounded by mature trees, a circular drive and outdoor fire pit area. Homeowners with children are less than 2 miles to Decatur Township's Elementary/Middle/High Schools and with easy access to I-465/i70 your work commute to Indianapolis International Airport, Fed-EX, downtown Indy, Ameriplex or the Plainfield Commercial District is quick/fast/efficient, providing this unique property the perfect location for a new homeowner/investor/Airbnb or commercial businessman seeking city convenience without giving up the tranquility and privacy of "rural" style living! With no HOA- this property zoned both residential and commercial has so many opportunities! Home to a wonderful family for many years- family relocation is affording a rare opportunity to own a bit of history on a private, secluded lot. Schedule a showing today- you will not be disappointed.
QuickBuy option for home selling

Address:3940 Kollman Road Indianapolis IN 46241
Status:Sold
Sold On: 10/24/2024
Price:$349,900
Bedrooms:6 Beds
Bathrooms:3 Full Baths, 2 Half Baths
Sq. Feet:2,254
Year Built:1890
Lot Size:1.21
County: Marion
Township: Decatur
MLS #:21980399
Property Type:Single Family Residence

Lot Dimensions:52708
Lot Features:Corner Lot, Not In Subdivision, Mature Trees, Trees-Small (Under 20 Ft), Wooded
Water Source:Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :1,069
Upper Level Sq. Ft. :769
Total Sq. Ft. :2,254
Basement:Yes

Loan Price
$1,925
Price And Interest $1,565/month
Property Tax $235/month
MTG INS $0/month
HOME INS $125/month
Price
$300,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$235/month
Home Owner Insurance
$1,500 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 13x12 Main
Dining Room 12x12 Main
Kitchen 16x12 Main
Laundry 9x8 Main
Primary Bedroom 10x14 Upper
Bedroom 2 9x18 Upper
Bedroom 3 10x8 Upper
Loft 14x10 Upper
Office 8x10 Main
Bonus Room 11x9 Main
Sun Room 22x7 Main
Bedroom 4 10x8 Upper
Bedroom 5 12 x10 Upper
Bedroom 6 12x10 Upper

Semi-Annual Property Tax:$1,409
Tax Year:2023
Other Disclosures:As Is, Historic District, Needs Updating
Mandatory HOA Fee:$

Area: 4908 - Marion - Decatur
City:Indianapolis
Subdivision: No Subdivision
Zip Code:46241

High School:Decatur Central High School
Middle School:Decatur Middle School
Elementary School:Blue Academy

Total Sq. Ft.:2,254
Interior Features:Attic Access, Built In Book Shelves, Center Island, Entrance Foyer, Paddle Fan, Hardwood Floors, In-Law Arrangement, Pantry, Screens Some, Supplemental Storage, Wood Work Painted
Interior Area(s):Bedroom Other on Main, Laundry in Unit, Utility Room
Eating Area(s):Dining Combo/Living Room
Appliances:Microwave, Electric Oven, Refrigerator
Equipment:Sump Pump
Exterior Features:Balcony, Barn Pole, Carriage/Guest House, Out Building With Utilities, Storage Shed
Exterior Type:Wood
Fuel:No Fuel Source
Cool:Central Electric
Heat:Forced Air
Water Heater:Microwave, Electric Oven, Refrigerator
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 Mark Harris with CENTURY 21 Scheetz from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/26/2024 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 806 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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