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(SOLD) $525,000

427 Sugar Tree Lane Indianapolis, IN  46260

  • 3 Beds
  • 3 Baths
  • 2,844 sq. Ft

Property Description for 427 Sugar Tree Lane Indianapolis, IN 46260

Welcome to this exquisite ranch nestled on the North side of Indianapolis, where modern comforts meet timeless elegance. This home's classic exterior exudes charm and invites you to explore its inviting interior. Step through the door into a spacious foyer adorned with luxurious marble flooring and flooded with natural light from expansive windows. The open-concept layout effortlessly guides you through each room, creating an inviting ambiance perfect for daily living and entertaining guests. The heart of the home lies in the gourmet kitchen, boasting granite countertops, stainless steel appliances, and ample cabinet space. Whether you're a culinary connoisseur or simply enjoy sharing meals with loved ones, this kitchen is sure to delight. Adjacent to the kitchen, a cozy breakfast nook offers a perfect spot for casual dining or enjoying your morning coffee. And for more formal occasions, entertain guests in the elegant dining room. The great room beckons with its welcoming fireplace and rich hardwood floors, providing a cozy retreat to unwind after a busy day. French doors lead to the backyard oasis, where a spacious patio area awaits, ideal for outdoor dining and summer gatherings. Retreat to the luxurious primary suite, complete with a spa-like ensuite bathroom and ample closet space to accommodate your wardrobe. Two additional bedrooms offer comfort and versatility for family or guests. Nestled on a prestigious street, this home enjoys proximity to fabulous dining and shopping destinations, adding convenience to its list of charms. Don't miss the opportunity to make this exceptional property your own. Schedule your showing today and experience the allure of North Indianapolis living at its finest!

Address:427 Sugar Tree Lane Indianapolis IN 46260
Status:Sold
Sold On: 8/28/2024
Price:$525,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:2,844
Year Built:1983
Lot Size:0.25
County: Marion
Township: Washington
MLS #:21978085
Property Type:Single Family Residence
Buyer Broker Compensation: 3%
Any compensation may only be paid to a licensed real estate broker.

Lot Dimensions:10803
Lot Features:Cul-De-Sac, Mature Trees
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :2,844
Total Sq. Ft. :2,844

Loan Price
$3,366
Price And Interest $2,739/month
Property Tax $408/month
MTG INS $0/month
HOME INS $219/month
Price
$525,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$408/month
Home Owner Insurance
$2,628 / year
HOA Dues
$161 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 18x15 Main
Dining Room 18x12 Main
Kitchen 14x9 Main
Laundry 8x8 Main
Great Room 28x17 Main
Bedroom 2 16x11 Main
Bedroom 3 16x11 Main
Foyer 17x7 Main
Breakfast Room 14x9 Main

Semi-Annual Property Tax:$2,447
Tax Year:2023
Mandatory HOA Fee:$645
HOA Fee Paid:Quarterly

Area: 4903 - Marion - Washington
City:Indianapolis
Subdivision: Sugar Tree
Zip Code:46260

Total Sq. Ft.:2,844
Interior Features:Attic Access, Bath Sinks Double Main, Cathedral Ceiling(s), Entrance Foyer, Hardwood Floors, Eat-in Kitchen, Wet Bar, Window Bay Bow, Windows Wood, Wood Work Painted
Eating Area(s):Breakfast Room, Formal Dining Room
Appliances:Electric Cooktop, Dishwasher, Dryer, Disposal, Microwave, Double Oven, Refrigerator, Washer, Water Heater
Exterior Type:Brick
Fireplace(s):Gas Starter, Great Room
Cool:Central Electric
Heat:Heat Pump
Water Heater:Electric Cooktop, Dishwasher, Dryer, Disposal, Microwave, Double Oven, Refrigerator, Washer, Water Heater
Total Rooms:9
Cynthia Yosha-Snyder, REALTOR®/Broker, F. C. Tucker Company
Cynthia Yosha-Snyder
Phone (317) 590-4074
Additional Phone (317) 844-4200
F.C. Tucker Company
VISIT MY PROFILE
Louie Snyder, REALTOR®/Broker, F. C. Tucker Company
Co-Listing Agent
Louie Snyder
(317) 413-0017
Yosha Snyder Group
VISIT MY PROFILE

Listing provided courtesy of Cynthia Yosha-Snyder with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 05/07/2024 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 1497 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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