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Open House:  Sunday, December 15, 2024, From 12:00 PM - 2:00 PM

$699,900

501 Fletcher Avenue #APT A Indianapolis, IN  46203

  • 3 Beds
  • 3 Baths
  • 2,245 sq. Ft

Property Description for 501 Fletcher Avenue #APT A Indianapolis, IN 46203

Welcome home to this luxurious 3-bedroom 3 bath 2,245 sq ft one-of-a-kind condominium in the heart of the Fountain Fletcher downtown Indianapolis neighborhood. As you enter this stunning condo you are met with 14 ft. ceilings featuring wood beams, exposed brick, gas fireplace and large clear windows highlighting the immaculate chef's kitchen featuring top of the line SS appliances, beautiful cabinetry, and must-see built-ins to name a few. Master suite features sophisticated en suite bathroom with heated floors, walk in shower, soaking tub, double sink vanity and spacious closet. The second upstairs bedroom has its own entry, full bath, and spacious closet. The lower level features a 3rd living space with it's own private entrance, full bath, and kitchenette. Plenty of storage with 2 separate storage closets. The attached temperature-controlled garage gives 1 dedicated parking space. The shared lobby has a 1/2 bath just steps from the family room that serves as a bonus restroom when entertaining. There are 2 shared outdoor spaces; the very large front porch with a built-in waterfall, stereo music, fire pit table, numerous couches and chairs, state of the art hibachi grill and large patio umbrella- the perfect place to relax and enjoy the downtown views. For a quieter outdoor experience, the back porch offers a place to relax with more privacy. This condo is situated in the BEST downtown location possible, walk out your front door and you are steps to the lighted Indianapolis Cultural Trail that will take you safely to all the downtown restaurants, sporting and music events, museums, and places of employment. Free parking on both sides of Fletcher and Virginia Ave

Sunday, December 15, 2024, From 12:00 PM - 2:00 PM

Address:501 Fletcher Avenue Indianapolis IN 46203
Status:Active
on site: 9 days
Price:$699,900
Bedrooms:3 Beds
Bathrooms:3 Full Baths
Sq. Feet:2,245
Year Built:1873
County: Marion
Township: Center
MLS #:22013079
Property Type:Condominium

Lot Features:Busline, City Lot, Sidewalks, Street Lights
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,798
Total Sq. Ft. :2,245
Basement:Yes

Loan Price
$4,428
Price And Interest $3,651/month
Property Tax $485/month
MTG INS $0/month
HOME INS $292/month
Price
$699,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$485/month
Home Owner Insurance
$3,504 / year
HOA Dues
$611 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 23x24 Main
Kitchen 17x12 Main
Bonus Room 12x12 Basement
Primary Bedroom 19x14 Main
Bedroom 2 12x13 Main
Bedroom 3 19x11 Basement
Great Room 17x12 Main
Dining Room 17x9 Main

Semi-Annual Property Tax:$2,907
Tax Year:2023
Mandatory HOA Fee:$611
HOA Fee Paid:Monthly

Area: 4913 - Marion - Center Se
Subdivision: Fletchers
Zip Code:46203

Total Sq. Ft.:2,245
Interior Features:Attic Access, Breakfast Bar, Raised Ceiling(s), Elevator, Paddle Fan, Handicap Accessible Interior, Pantry, Storage, Surround Sound Wiring, Walk-in Closet(s), Wet Bar
Interior Area(s):Bedroom Other on Main
Eating Area(s):Dining Combo/Living Room
Appliances:Dishwasher, Dryer, Electric Water Heater, Disposal, Microwave, Gas Oven, Range Hood, Refrigerator, Bar Fridge, Ice Maker, Washer, Wine Cooler
Equipment:Smoke Alarm
Exterior Features:Exterior Handicap Accessible, Sprinkler System, Water Feature Fountain, Gas Grill
Exterior Type:Brick
Fireplace(s):Gas Starter, Living Room
Cool:Central Electric
Heat:Forced Air, Radiant Floor, Gas
Water Heater:Dishwasher, Dryer, Electric Water Heater, Disposal, Microwave, Gas Oven, Range Hood, Refrigerator, Bar Fridge, Ice Maker, Washer, Wine Cooler
Total Rooms:8
Christi Coffey, REALTOR®/Broker, F. C. Tucker Company
Christi Coffey
Phone (317) 694-0087
Additional Phone (317) 888-3311
F.C. Tucker Company
Amanda Spicer, REALTOR®/Broker, F. C. Tucker Company
Co-Listing Agent
Amanda Spicer
(317) 502-8435
The Coffey Team

Listing provided courtesy of Christi Coffey with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 12/01/2024 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

130
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 1922 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.