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$479,900 ↓$20,000on 11/14/2024

5216 Central Avenue Indianapolis, IN  46220

  • 4 Beds
  • 3 Baths
  • 3,914 sq. Ft

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Property Description for 5216 Central Avenue Indianapolis, IN 46220

Step into this charming, updated brick cottage nestled in the heart of coveted Meridian-Kessler. Boasting 4 bedrooms and 3 fully renovated baths, this home exudes comfort and style. Experience luxury underfoot with new carpet and sleek hard-surface vinyl plank floors. The large limestone front patio beckons you to the original leaded glass French doors, welcoming you into a living room adorned with a wood-burning brick fireplace. Follow the original French doors into the dining room, perfect for hosting memorable gatherings. Entertain effortlessly in the kitchen with granite countertops, and all new appliances! Revel in modern comforts with updates of fresh paint throughout the interior and exterior, and an updated 200 amp electrical panel. Two HVAC units! Upper level unit is brand new, lower level has new coil and condenser and has been fully serviced! Seller in process of having new driveway put in also! Situated minutes from downtown Indy, Broad Ripple, and the Monon Trail, this home offers convenience and character in equal measure. Explore nearby favorites such as Mama Corolla's, Meridian Restaurant and Bar, The Jazz Kitchen, and more-all just moments away. Make this inviting haven yours and embrace the warmth and charm it offers for years to come.
QuickBuy option for home selling

Address:5216 Central Avenue Indianapolis IN 46220
Status:Active
on site: 244 days
Price:$479,900
Bedrooms:4 Beds
Bathrooms:3 Full Baths
Sq. Feet:3,914
Year Built:1930
Lot Size:0.19
County: Marion
Township: Washington
MLS #:21969553
Property Type:Single Family Residence

Lot Dimensions:8146
Lot Features:Curbs, Not In Subdivision, Sidewalks, Storm Sewer, Street Lights, Mature Trees, Trees-Small (Under 20 Ft)
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,422
Upper Level Sq. Ft. :1,110
Total Sq. Ft. :3,914
Basement:Yes

Loan Price
$3,262
Price And Interest $2,503/month
Property Tax $559/month
MTG INS $0/month
HOME INS $200/month
Price
$479,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$559/month
Home Owner Insurance
$2,400 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/14/24 $499,900 $479,900 -4%
10/22/24 $525,000 $499,900 -4.78%
09/27/24 $565,000 $525,000 -7.08%
09/19/24 $575,000 $565,000 -1.74%
06/03/24 $600,000 $575,000 -4.17%
05/14/24 $635,000 $600,000 -5.51%
05/02/24 $650,000 $635,000 -2.31%

RoomSizeLevel
Primary Bedroom 20x12 Upper
Bedroom 2 12x14 Main
Bedroom 3 12x12 Main
Bedroom 4 13x12 Upper
Kitchen 16x9 Main
Living Room 22x14 Main
Dining Room 14x12 Main
Bonus Room 10x14 Upper
Play Room 27x17 Basement

Semi-Annual Property Tax:$3,351
Tax Year:2023
Other Disclosures:Not Applicable
Mandatory HOA Fee:$

Area: 4903 - Marion - Washington
City:Indianapolis
Subdivision: Ambleside
Zip Code:46220

Total Sq. Ft.:3,914
Interior Features:Entrance Foyer, Paddle Fan, Eat-in Kitchen, Screens Some, Windows Vinyl
Interior Area(s):Bedroom Other on Main, Laundry in Unit, Living Room Formal, Utility Room
Eating Area(s):Formal Dining Room
Appliances:Dishwasher, Disposal, Electric Water Heater, MicroHood, Electric Oven, Water Softener Owned
Equipment:Smoke Alarm
Exterior Features:Lighting
Exterior Type:Vinyl With Brick
Fireplace(s):Living Room
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Disposal, Electric Water Heater, MicroHood, Electric Oven, Water Softener Owned
Total Rooms:9
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Isaiah Ullery with Steve Lew Real Estate Group, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 03/20/2024 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 2146 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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