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(SOLD) $540,000

5331 Central Avenue Indianapolis, IN  46220

  • 3 Beds
  • 2 Baths
  • 2,268 sq. Ft

Property Description for 5331 Central Avenue Indianapolis, IN 46220

Welcome to this beautiful Meridian Kessler home, where charm meets modern comfort. Greeting you first is a spacious front porch where you can relax and enjoy the tree lined neighborhood. Inside this three-bedroom residence you will find beautiful hardwood floors and a cozy wood burning fireplace with custom built in shelving. The updated bathrooms provide a touch of luxury while the sunroom offers a perfect retreat with lots of natural light. Make the most of the spacious basement for added storage or recreation. Step out back to a fully fenced yard oasis, complete with a paver patio and fire pit, perfect for entertaining or a quiet evening under the stars. With close proximity to dining, shopping and schools don't miss your chance to make this inviting home you own.
QuickBuy option for home selling

Address:5331 Central Avenue Indianapolis IN 46220
Status:Sold
Sold On: 11/1/2024
Price:$550,000
Bedrooms:3 Beds
Bathrooms:1 Full Baths, 1 Half Baths
Sq. Feet:2,268
Year Built:1922
Lot Size:0.16
County: Marion
Township: Washington
MLS #:22003870
Property Type:Single Family Residence

Lot Dimensions:6839
Lot Features:Sidewalks, Mature Trees
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :868
Upper Level Sq. Ft. :700
Total Sq. Ft. :2,268
Basement:Yes

Loan Price
$3,463
Price And Interest $2,817/month
Property Tax $421/month
MTG INS $0/month
HOME INS $225/month
Price
$540,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$421/month
Home Owner Insurance
$2,700 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 12x14 Upper
Sun Room 10x12 Main
Kitchen 12x14 Main
Family Room 12x20 Main
Dining Room 11x13 Main
Bedroom 3 9x10 Upper
Bedroom 2 11x14 Upper
Play Room 12x22 Basement
Utility Room 12 x 22 Basement

Semi-Annual Property Tax:$2,524
Tax Year:2023
Mandatory HOA Fee:$

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

Total Sq. Ft.:2,268
Interior Features:Attic Access, Built In Book Shelves, Raised Ceiling(s), Hardwood Floors, Hi-Speed Internet Availbl, Screens Some, Windows Wood, Wood Work Painted
Eating Area(s):Formal Dining Room
Appliances:Dishwasher, Dryer, Disposal, Gas Water Heater, Gas Oven, Refrigerator, Washer
Equipment:Security Alarm Monitored, Smoke Alarm
Exterior Type:Wood
Fireplace(s):Family Room, Woodburning Fireplce
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, Disposal, Gas Water Heater, Gas Oven, Refrigerator, Washer
Total Rooms:8
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 Leslye Denny with Lickliter Realty Services LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/25/2024 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 2024 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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