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(SOLD) $350,000

402 Edgemere Drive Indianapolis, IN  46260

  • 3 Beds
  • 2 Baths
  • 2,121 sq. Ft

Property Description for 402 Edgemere Drive Indianapolis, IN 46260

This elegant abode situated on an 0.67-acre lot boasts 3 bedrooms, 2 baths, and a 2-car garage. As you step inside, you'll be greeted by original design and finishes evoking a sense of nostalgia complemented by tasteful updates to the flooring, blending tradition with contemporary style seamlessly. Located just a stone's throw away from Holliday Park, Broad Ripple, and the Jewish Community Center, the home provides a plethora of recreational opportunities and cultural experiences right at your fingertips. Plus, with a mere 20-minute drive to the IND airport, Carmel, and Downtown Indy, you'll enjoy effortless access to everything the city has to offer while relishing the tranquility of suburban living. Built on a sturdy crawl space foundation, this residence offers durability and flexibility for future renovations and enhancements, allowing you to tailor the space to your unique vision and lifestyle. So, don't miss the chance to make this distinguished property your own and embark on a journey of timeless elegance and personalized refinement. Whether you're seeking a peaceful retreat to be home or an investment opportunity with boundless potential, 402 Edgemere Dr is poised to exceed your expectations.
QuickBuy option for home selling

Address:402 Edgemere Drive Indianapolis IN 46260
Status:Sold
Sold On: 6/21/2024
Price:$315,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:2,121
Year Built:1958
Lot Size:0.60
County: Marion
Township: Washington
MLS #:21976594
Property Type:Single Family Residence

Lot Dimensions:26136
Water Source:Municipal/City
Directions:From Springmill Rd turn West onto Darrow, then turn Right onto Edgemere Dr. House will be on your right.
Main Level Sq. Ft. :2,121
Total Sq. Ft. :2,121

Loan Price
$2,247
Price And Interest $1,826/month
Property Tax $275/month
MTG INS $0/month
HOME INS $146/month
Price
$350,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$275/month
Home Owner Insurance
$1,752 / year
HOA Dues
$4 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 23x13 Main
Kitchen 17x10 Main
Primary Bedroom 17x11 Main
Bedroom 2 10x12 Main
Bedroom 3 10x12 Main
Family Room 13x11 Main

Semi-Annual Property Tax:$1,651
Tax Year:2023
Mandatory HOA Fee:$050
HOA Fee Paid:Annually

Area: 4903 - Marion - Washington
Subdivision: Spring Hill Estates
Zip Code:46260

Total Sq. Ft.:2,121
Interior Features:Built In Book Shelves, Hardwood Floors
Eating Area(s):Dining Combo/Kitchen
Appliances:Electric Cooktop, Dishwasher, Oven, Refrigerator
Exterior Type:Brick
Fireplace(s):Family Room
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Electric Cooktop, Dishwasher, 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

Listing provided courtesy of Cameron Buening with Keller Williams Indpls Metro N from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 05/15/2024 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 1681 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.