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$339,900

530 N Drexel Avenue Indianapolis, IN  46201

  • 3 Beds
  • 3 Baths
  • 2,626 sq. Ft

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Property Description for 530 N Drexel Avenue Indianapolis, IN 46201

Historic Charm Meets Modern Luxury in this fully renovated three-bedroom, 2.5-bath Eastside Indianapolis gem. Move-in ready and meticulously redesigned, this stunning home blends classic character with contemporary updates. The heart of the house is a chef's dream kitchen boasting gleaming quartz countertops, a custom tile backsplash, designer lighting fixtures, and ample custom cabinetry complete with convenient storage solutions. Enjoy cooking with a stainless steel appliance package, including a gas range, refrigerator, dishwasher, and disposal. Careful choice of luxury vinyl plank flooring, carpet, and custom tile designs installed throughout promise quality, durability, and comfort with tasteful design. Original built-in butler's hutch in the dining and bookcases at the fireplace add to the home's timeless appeal. Escape to the spacious primary suite with the large walk-in shower and a toilet wired for the heated bidet. Heated & lighted bathroom mirrors in the two full baths promise "get-ready" convenience. Two additional well-appointed bedrooms provide ample space for family or guests. With a side courtyard, a new deck, and lots of beautiful new sod, entertain in style in the completely private yard with plenty of space for events, barbecues, and more, or enjoy Sunday morning coffee on the 2nd story deck. A 4-car tandem garage offers tons of space for parking and hobbies, with even more potential in the expansive attic primed for a future studio, office, or playroom, and that's not counting the 3 extra rooms of the basement. This home has been thoughtfully updated with energy efficiency in mind, incl. a new roof, (partial) spray foam insulation, a high-efficiency gas furnace, a new A/C, and a BT-connected electric water heater. Located 10-min from downtown and just west of Irvington, this home is near major thoroughfares. Recent city investments and other anchor projects within the east side revitalization promise strong return on investment potential.
QuickBuy option for home selling

Address:530 N Drexel Avenue Indianapolis IN 46201
Status:Active
on site: 21 days
Price:$339,900
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:2,626
Year Built:1920
Lot Size:0.12
County: Marion
Township: Center
MLS #:22009127
Property Type:Single Family Residence

Lot Dimensions:5009
Lot Features:City Lot
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,014
Upper Level Sq. Ft. :806
Total Sq. Ft. :2,626
Basement:Yes

Loan Price
$2,207
Price And Interest $1,773/month
Property Tax $292/month
MTG INS $0/month
HOME INS $142/month
Price
$339,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$292/month
Home Owner Insurance
$1,704 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 12.75 x 13.5 Upper
Bedroom 2 9.5 x 11 Upper
Bedroom 3 9.5 x 11 Upper
Utility Room 9 x 9.5 Main
Living Room 13 x 24 Main
Dining Room 12 x 14 Main
Kitchen 13 x 17 Main

Semi-Annual Property Tax:$1,751
Tax Year:2023
Other Disclosures:Broker Owned
Mandatory HOA Fee:$

Area: 4912 - Marion - Center Ne
Subdivision: Drexel Heights
Zip Code:46201

Total Sq. Ft.:2,626
Interior Features:Attic Stairway, Built In Book Shelves, Center Island, Paddle Fan, Hi-Speed Internet Availbl, Eat-in Kitchen, Programmable Thermostat, Screens Complete, Storms Complete, Supplemental Storage, Window Metal, Wood Work Painted, WoodWorkStain/Painted
Interior Area(s):Laundry in Unit, Living Room Formal, Utility Room
Eating Area(s):Dining Combo/Family Room, Dining Combo/Living Room, Formal Dining Room, Other Eating Area
Appliances:Dishwasher, Dryer, Electric Water Heater, ENERGY STAR Qualified Appliances, Disposal, Gas Oven, Range Hood, Refrigerator, Washer, Water Heater
Exterior Features:Balcony
Exterior Type:Wood Siding
Fireplace(s):Family Room
Cool:Central Electric
Heat:Forced Air, Gas, High Efficiency (90%+ AFUE )
Water Heater:Dishwasher, Dryer, Electric Water Heater, ENERGY STAR Qualified Appliances, Disposal, Gas Oven, Range Hood, Refrigerator, Washer, Water Heater
Total Rooms:13
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 Harlon Wilson with Home Real Estate Solutions, LL from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/31/2024 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 2200 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.