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(SOLD) $234,500

519 Chase Street Indianapolis, IN  46221

Property Description for 519 Chase Street Indianapolis, IN 46221

INVESTOR ALERT! Welcome to your next turnkey investment opportunity in Indianapolis - a lovely remodeled two story duplex just blocks to downtown Indianapolis! Due to the location, this duplex is strategically situated for convenience and growth. There is a tons of development happening in the area and it is within a few minutes drive of the Zoo, Back 9 Golf, Victory Field, Lucas Oil Stadium, the new $1B soccer stadium, and downtown Indy. It's also walking distance to the new Elanco Global HQ. The property has undergone cosmetic renovations on both sides over the past two years (flooring, cabinets, paint, etc). Both units are identical, each featuring 3 bedrooms/1 bathroom, 1324sq ft. Both are currently occupied, ensuring immediate income for the savvy investor. Rents are $1100 and $980 per month ($2080 gross). Unit 519's lease runs through May 2025, and 521's is up in Oct 2024. Tenants pay all utilities. Don't miss out on this prime opportunity to secure steady returns in a flourishing area!
QuickBuy option for home selling

Address:519 Chase Street Indianapolis IN 46221
Status:Sold
Sold On: 9/27/2024
Price:$239,000
Bathrooms:0
Year Built:1920
Lot Size:0.11
County: Marion
Township: Center
MLS #:21996024
Property Type:Duplex

Lot Dimensions:4879
Road Access:See Remarks
Directions:GPS Friendly

Loan Price
$1,586
Price And Interest $1,223/month
Property Tax $265/month
MTG INS $0/month
HOME INS $98/month
Price
$234,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$265/month
Home Owner Insurance
$1,176 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$1,588
Tax Year:2023
Mandatory HOA Fee:$

Area: 4914 - Marion - Center Sw
City:Indianapolis
Subdivision: Clark & Osgoods
Zip Code:46221

Exterior Type:Aluminum Siding
Cool:Central Electric
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 Peter Stewart with Keller Williams Indpls Metro N from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/15/2024 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 1690 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.

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