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$425,000 ↓$10,000on 8/26/2024

5362 Shorewood Drive Indianapolis, IN  46220

  • 3 Beds
  • 2 Baths
  • 1,796 sq. Ft

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Property Description for 5362 Shorewood Drive Indianapolis, IN 46220

ALL THE RIGHT INGREDIENTS: LOVELY LAKE MAXINHALL + PEEKABOO WATER VIEWS + TURN-KEY-READY RANCH + PERFECT LAYOUT FOR ENTERTAINING + WOODED, PRIVATE LOT + DEEDED BOAT DOCK + PRIVATE DIRECT ACCESS TO NEW NICKEL PLATE TRAIL OUT YOUR BACK DOOR! (YES! IT'S ALREADY PAVED + READY!) STEP INSIDE TO VAULTED CEILINGS + MULTI-ZONE LIVING AREAS + FABULOUS COVERED PORCH FOR LAZY SUMMER EVENINGS. UNBEATABLE LOCATION FOR BROAD RIPPLE, KEYSTONE + DOWNTOWN COMMUTES. LOUNGE ON YOUR LAKE WITHOUT PAYING GEIST/MORSE LAKE HOUSE PREMIUMS. WASH TWP SCHOOLS. SOOOOO GOOD!
QuickBuy option for home selling

Address:5362 Shorewood Drive Indianapolis IN 46220
Status:Active
on site: 12 days
Price:$425,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,796
Year Built:1975
Lot Size:0.67
County: Marion
Township: Washington
MLS #:21991050
Property Type:Single Family Residence

Lot Dimensions:29272
Lot Features:On Trail, Mature Trees, Wooded
Water Source:Municipal/City
Directions:From Keystone, go east on either 52nd or 56th Street to Shorewood Dr, turn onto Shorewood Drive, house is on the west side of the street.
Main Level Sq. Ft. :1,796
Total Sq. Ft. :1,796

Loan Price
$2,810
Price And Interest $2,217/month
Property Tax $416/month
MTG INS $0/month
HOME INS $177/month
Price
$425,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$416/month
Home Owner Insurance
$2,124 / year
HOA Dues
$29 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
08/26/24 $435,000 $425,000 -2.3%
07/31/24 $449,900 $435,000 -3.31%
07/23/24 $469,900 $449,900 -4.26%

RoomSizeLevel
Primary Bedroom 16x13 Main
Kitchen 14x10 Main
Bedroom 2 15x12 Main
Bedroom 3 12x11 Main
Dining Room 11x10 Main

Semi-Annual Property Tax:$2,495
Tax Year:2023
Mandatory HOA Fee:$350
HOA Fee Paid:Annually

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

Total Sq. Ft.:1,796
Interior Features:Bath Sinks Double Main, Vaulted Ceiling(s), Paddle Fan, Hi-Speed Internet Availbl, Eat-in Kitchen, Windows Thermal
Interior Area(s):Bedroom Other on Main
Eating Area(s):Dining Combo/Family Room
Appliances:Dishwasher, Electric Water Heater, MicroHood, Electric Oven
Equipment:Not Applicable
Exterior Type:Wood With Stone
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Electric Water Heater, MicroHood, Electric Oven
Total Rooms:7
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 Jonathan Eriksen with Circle Real Estate from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/17/2024 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

25
Avg. DOM

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $10,832.93. 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 $273,000.00 and the average price per square feet is $158.65 per square feet. At the moment, the amount of homes listed is exactly 13560 houses, with 2229 with active status, 1293 with pending status and 10038 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 $3,223.43. 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 71 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 1450 minutes ago.

At the moment we have 203 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $5,500,000.00. 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 $1.00 . 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 2163.38 sq.ft. , the biggest one being 14738 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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