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$160,000 ↓$7,500on 8/9/2024(Pending)

511 S Cole Street Indianapolis, IN  46241

  • 2 Beds
  • 2 Baths
  • 936 sq. Ft

Property Description for 511 S Cole Street Indianapolis, IN 46241

Welcome to this newly updated 2-bedroom home on the west side of Indianapolis in Wayne Township! This open concept single-story residence features 2 bedrooms, 2 fully remodeled bathrooms with new vanities, fixtures, shower surrounds and much more. The home offers a modern kitchen with new cabinets, a tile backsplash, solid surface quartz countertops, a pot filler, range vent, and new sink. Enjoy brand new Luxury Vinyl Plank flooring, new trim and hardware, new interior and exterior doors, and new closet doors throughout. The property includes new HVAC systems (condenser, furnace, ductwork), a new roof overlay, all-new electrical wiring, and new canned lighting. Step outside to a brand-new wood deck and updated landscaping, including a re-rocked driveway and backyard. The 2-car detached garage features new double doors, a separate entrance, and an unfinished loft, perfect for additional storage or a workshop area. Conveniently located between I-70 and I-465, and close to Tibbs Drive-In, come check this one out!
QuickBuy option for home selling

Address:511 S Cole Street Indianapolis IN 46241
Status:Pending
on site: 49 days
Price:$160,000
Bedrooms:2 Beds
Bathrooms:2 Full Baths
Sq. Feet:936
Year Built:1930
Lot Size:0.12
County: Marion
Township: Wayne
MLS #:21991360
Property Type:Single Family Residence

Lot Dimensions:5358
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :936
Total Sq. Ft. :936

Loan Price
$1,115
Price And Interest $835/month
Property Tax $213/month
MTG INS $0/month
HOME INS $67/month
Price
$160,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$213/month
Home Owner Insurance
$804 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
08/09/24 $167,500 $160,000 -4.48%
07/26/24 $173,500 $167,500 -3.46%

RoomSizeLevel
Living Room 15x11 Main
Dining Room 12x7 Main
Kitchen 11x9 Main
Laundry 6x6 Main
Primary Bedroom 11x11 Main
Bedroom 2 11x11 Main
Foyer 13x6 Main

Semi-Annual Property Tax:$1,278
Tax Year:2023
Mandatory HOA Fee:$

Area: 4909 - Marion - Wayne
City:Indianapolis
Subdivision: Wayne Park
Zip Code:46241

Total Sq. Ft.:936
Interior Features:Attic Access, Built In Book Shelves, Entrance Foyer, Pantry, Programmable Thermostat, Storms Some, Windows Vinyl
Interior Area(s):Laundry in Unit
Eating Area(s):Dining Combo/Living Room
Appliances:Dishwasher, Disposal, Gas Water Heater, Electric Oven, Range Hood, Refrigerator
Exterior Type:Vinyl Siding
Cool:Central Electric
Heat:Electric, Forced Air
Water Heater:Dishwasher, Disposal, Gas Water Heater, Electric Oven, Range Hood, 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 Jocelyn Deal with eXp Realty, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/19/2024 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

25
Avg. DOM

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $10,832.93. 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 $273,000.00 and the average price per square feet is $158.65 per square feet. At the moment, the amount of homes listed is exactly 13560 houses, with 2229 with active status, 1293 with pending status and 10038 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 $3,223.43. 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 Indianapolis are staying listed for an average of 71 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 1450 minutes ago.

At the moment we have 203 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $5,500,000.00. 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 $1.00 . 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 2163.38 sq.ft. , the biggest one being 14738 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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