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(SOLD) $197,000

5423 Lobo Drive Indianapolis, IN  46237

  • 3 Beds
  • 1 Baths
  • 910 sq. Ft

Property Description for 5423 Lobo Drive Indianapolis, IN 46237

If you are looking for a move in ready, immaculately cared for 3 bedroom, 1 full bath within the the highly rated franklin Township Community, then look no further! This cozy home is nestled in a family friendly neighborhood with curb appeal that certainly turns heads with its freshly painted exterior, custom mailbox, and flower boxes. Upon entry, any potential home buyer will certainly appreciate the thoughtful touches put into this home such as keyless entry and fresh paint throughout, and new living room floors. The HVAC unit 2024. The garage space has been converted to an additional living space that may be converted back into a single car garage, the choice is yours. Stepping outback you will find a privacy fenced in yard with a large storage shed, a spacious patio, an above ground pool, and a Balboa Hot Tub that seats 5 people. Alarm system is APX but is deactivated at this time. Come see the charm of this amazing home for yourself before it is gone!
QuickBuy option for home selling

Address:5423 Lobo Drive Indianapolis IN 46237
Status:Sold
Sold On: 10/12/2024
Price:$197,000
Bedrooms:3 Beds
Bathrooms:1 Full Baths
Sq. Feet:910
Year Built:1981
Lot Size:0.17
County: Marion
Township: Franklin
MLS #:22000517
Property Type:Single Family Residence

Lot Dimensions:7275
Lot Features:Cul-De-Sac
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :910
Total Sq. Ft. :910

Loan Price
$1,216
Price And Interest $1,028/month
Property Tax $106/month
MTG INS $0/month
HOME INS $82/month
Price
$197,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$106/month
Home Owner Insurance
$984 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 14X12 Main
Primary Bedroom 14X11 Main
Bedroom 2 10X9 Main
Bedroom 3 11X9 Main
Kitchen 13X12 Main
Laundry 8X7 Main

Semi-Annual Property Tax:$637
Tax Year:2023
Mandatory HOA Fee:$

Area: 4906 - Marion - Franklin
City:Indianapolis
Subdivision: No Subdivision
Zip Code:46237

High School:Franklin Central High School
Middle School:Franklin Central Junior High
Elementary School:Arlington Elementary School

Total Sq. Ft.:910
Interior Features:Attic Pull Down Stairs, Paddle Fan, Hi-Speed Internet Availbl, Eat-in Kitchen, Storms Some
Eating Area(s):Dining Combo/Kitchen
Appliances:Electric Cooktop, Dishwasher, Dryer, Electric Water Heater, Disposal, Electric Oven, Refrigerator, Washer, Water Heater
Exterior Features:Barn Mini
Exterior Type:Vinyl Siding, Wood
Cool:Central Electric
Heat:Baseboard, Electric
Water Heater:Electric Cooktop, Dishwasher, Dryer, Electric Water Heater, Disposal, Electric Oven, Refrigerator, Washer, Water Heater
Total Rooms:6
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 Kim Stewart with Star Harbor Realty, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/08/2024 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 1567 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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