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$1,675,000 (Pending)

4055 E Main Street Avon, IN  46123

  • 3,381 sq. Ft

Property Description for 4055 E Main Street Avon, IN 46123

Rare opportunity in Hendricks County to purchase fully occupied and income producing 8 unit apartment buildings with this much ground untouched to add more buildings and further develop. This residential zoned property has conceptual development drawings that seller will share if interested or you can create your own dream development. Current plan consists of adding 3 more buildings and 18 more units and garages, projected rents after re-development of 1500/mo per unit. Sale consists of 2 parcels, 2 existing buildings and ground totaling 5.3 acres. Avon school district, existing units bringing around $800/mo currently all 2 bedroom 1 bath units, gas and electric metered separately, owner pays water.
QuickBuy option for home selling

Address:4055 E Main Street Avon IN 46123
Status:Pending
on site: 159 days
Price:$1,675,000
Bathrooms:0
Sq. Feet:3,381
Year Built:1957
Lot Size:5.36
County: Hendricks
Township: Washington
MLS #:21985321
Property Type:Multi-Family 5+

Lot Dimensions:207781
Zoning:Residential
Directions:GPS Friendly
Total Sq. Ft. :3,381

Loan Price
$10,160
Price And Interest $8,738/month
Property Tax $724/month
MTG INS $0/month
HOME INS $698/month
Price
$1,675,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$724/month
Home Owner Insurance
$8,376 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$4,341
Tax Year:2023
Mandatory HOA Fee:$

Area: 3204 - Hendricks - Washington
City:Avon
Zip Code:46123

High School:Avon High School

Total Sq. Ft.:3,381
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 Jacqueline Huser- Trout with First Focus Realty LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 06/13/2024 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.





Avon Market Report

68
Avg. DOM
$157.14
Avg. $ / Sq.Ft.
$ 399,900
Med. List Price

The house prices in Avon are indeed dropping at the moment. There has been a decrease in price of $57,411.24. 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 Avon are going Down. The average house price is $385,900.00 and the average price per square feet is $158.07 per square feet. At the moment, the amount of homes listed is exactly 611 houses, with 89 with active status, 44 with pending status and 478 sold in Avon .

The most popular place to buy a home in Avon is 3204 - Hendricks - Washington. 3204 - Hendricks - 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 Avon .

The average amount of property taxes you would have to pay for a home in Avon is $4,037.43. 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 Avon are staying listed for an average of 67 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 Avon was 2254 minutes ago.

At the moment we have 8 open houses that you can visit.

The cost of the most expensive home in Avon is $1,195,000.00. 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 Avon is $198,900.00 . 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 Avon in year 1935 and the newest built house is in year 2024.

The average size of properties in Avon is 2935 sq.ft. , the biggest one being 6405 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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