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$699,900 ā†“$25,000on 10/28/2024

529 E Merrill Street Indianapolis, IN  46203

  • 3 Beds
  • 1 Baths
  • 2,015 sq. Ft

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Property Description for 529 E Merrill Street Indianapolis, IN 46203

Two units in one location. Great for private homeowner who would also like to have rental income, or an investor. Cozy 3BR, 1BA home features kitchen with SS appliances and spacious dining area. Primary bedroom on the main level walks out to covered front porch. 2 additional bedrooms on upper level, washer/dryer, basement, large patio out back, and 1 car garage. Basement will be cleaned out of personal property soon. Additionally, 2BR, 1.5BA updated carriage unit above the garage with a private entrance. Also features a 1 car attached garage with a nice half bath and washer/dryer, living room, kitchen with SS appliances, and a full bath with large shower stall. Most special feature of all is the large rooftop deck with views of downtown.
QuickBuy option for home selling

Address:529 E Merrill Street Indianapolis IN 46203
Status:Active
on site: 74 days
Price:$699,900
Bedrooms:3 Beds
Bathrooms:1 Full Baths
Sq. Feet:2,015
Year Built:1985
Lot Size:0.13
County: Marion
Township: Center
MLS #:21999690
Property Type:Single Family Residence

Lot Dimensions:5489
Lot Features:Sidewalks, Storm Sewer, Street Lights
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :895
Upper Level Sq. Ft. :225
Total Sq. Ft. :2,015
Basement:Yes

Loan Price
$4,900
Price And Interest $3,651/month
Property Tax $957/month
MTG INS $0/month
HOME INS $292/month
Price
$699,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$957/month
Home Owner Insurance
$3,504 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/28/24 $724,900 $699,900 -3.45%
10/07/24 $749,900 $724,900 -3.33%

RoomSizeLevel
Living Room 14x13 Main
Kitchen 11x10 Main
Primary Bedroom 14x10 Main
Bedroom 2 14x09 Upper
Bedroom 3 11x09 Upper
Dining Room 14x11 Main
Bonus Room 12x10 Basement

Semi-Annual Property Tax:$5,743
Tax Year:2023
Mandatory HOA Fee:$

Area: 4913 - Marion - Center Se
City:Indianapolis
Subdivision: Coffmans
Zip Code:46203

Total Sq. Ft.:2,015
Interior Features:Attic Access
Eating Area(s):Formal Dining Room
Appliances:Dishwasher, Dryer, Disposal, MicroHood, Gas Oven, Refrigerator, Washer
Equipment:Smoke Alarm
Exterior Type:Vinyl Siding
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, Disposal, MicroHood, Gas Oven, Refrigerator, Washer
Total Rooms:7
Tucker Customer Care, REALTORĀ®/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 Tom McNulty with McNulty Real Estate Services, from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/06/2024 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 844 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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