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$350,000 ↓$25,000on 8/13/2024

5364 Winthrop Avenue Indianapolis, IN  46220

  • 4 Beds
  • 2 Baths
  • 4,602 sq. Ft

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Property Description for 5364 Winthrop Avenue Indianapolis, IN 46220

Opportunity and income abound with this spacious building/office/home in the heart of Meridian Kessler! Commercial building(s) with a residential variance offers unlimited potential for the savvy buyer. AMAZING STREET PRESENCE AND VISIBILITY. Most recently used as a residence; it has been lovingly cared for and maintained. HARD TO FIND and HUGE OUT-BUILDING with power could be a large garage, work-shop, storage, parking pad, etc. Wonderful glass-enclosed porch as your entrance. Main level has a favorable circular floor plan with separate dining rm, living rm, and large kitchen w/ center island. Upper level has several bedrooms, spacious full bath, and a nice sun room with panoramic views. Large finished attic provides additional upside and has amazing views overlooking the neighborhood. Full basement has multiple rooms with high ceilings, work bench, and ample storage and uses. Convenient main level mud room with W/D hook up and full bath. This rare opportunity with amazing location can be your next business, home, or both:)
QuickBuy option for home selling

Address:5364 Winthrop Avenue Indianapolis IN 46220
Status:Active
on site: 381 days
Price:$350,000
Bedrooms:4 Beds
Bathrooms:2 Full Baths
Sq. Feet:4,602
Year Built:1920
Lot Size:0.14
County: Marion
Township: Washington
MLS #:21951796
Property Type:Single Family Residence

Lot Dimensions:5924
Lot Features:Sidewalks, Street Lights, Variance, Zoned
Water Source:Municipal/City
Directions:Use GPS
Main Level Sq. Ft. :1,360
Upper Level Sq. Ft. :2,150
Total Sq. Ft. :4,602
Basement:Yes

Loan Price
$2,216
Price And Interest $1,826/month
Property Tax $244/month
MTG INS $0/month
HOME INS $146/month
Price
$350,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$244/month
Home Owner Insurance
$1,752 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
08/13/24 $375,000 $350,000 -6.67%
04/29/24 $425,000 $375,000 -11.76%
02/14/24 $375,000 $425,000 13.33%
02/02/24 $400,000 $375,000 -6.25%

RoomSizeLevel
Sun Room 8x8 Main
Living Room 30x12 Main
Dining Room 15x15 Main
Kitchen 18x15 Main
Laundry 13x10 Main
Attic 30x19 Upper
Sun Room 17x13 Upper
Play Room 30x12 Basement
Utility Room 30x12 Basement
Primary Bedroom 18x15 Upper
Bedroom 2 15x10 Upper
Bedroom 3 15x12 Main
Utility Room 26x8 Basement

Semi-Annual Property Tax:$1,464
Tax Year:2022
Mandatory HOA Fee:$

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

Total Sq. Ft.:4,602
Interior Features:Attic Stairway, Raised Ceiling(s), Center Island
Interior Area(s):Living Room Formal, Utility Room
Eating Area(s):Dining Combo/Kitchen
Appliances:Gas Cooktop, Dishwasher, Disposal, Electric Oven, Refrigerator
Exterior Features:Barn Storage, Out Building With Utilities
Exterior Type:Vinyl Siding
Fireplace(s):Living Room, Recreation Room
Cool:Central Electric
Heat:Gas
Water Heater:Gas Cooktop, Dishwasher, Disposal, Electric Oven, Refrigerator
Total Rooms:14
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 Kyle Williams with Compass Indiana, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/08/2023 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 1325 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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