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(SOLD) $179,999

5448 Gateridge Lane Indianapolis, IN  46237

  • 2 Beds
  • 2 Baths
  • 1,234 sq. Ft

Property Description for 5448 Gateridge Lane Indianapolis, IN 46237

Welcome to this immaculate all-brick, one-story condo in the heart of desirable Franklin Township, nestled in a quiet and peaceful 55 and over community. This 2-bedroom, 1.5-bathroom gem with brand new air conditioning unit offers 1,234 square feet of spacious living with beautiful wood trim throughout. Enjoy the open-concept layout, perfect for modern living and entertaining. Just outside the back door, relax on your custom-built back deck, complete with a privacy fence, ideal for unwinding in your own private oasis. The HOA is full service as it takes care of snow removal, lawn care, common areas, and all exterior maintenance, allowing you to enjoy a worry-free lifestyle. Don't miss out on this wonderful opportunity for a move-in ready home!

Address:5448 Gateridge Lane Indianapolis IN 46237
Status:Sold
Sold On: 9/8/2024
Price:$179,999
Bedrooms:2 Beds
Bathrooms:1 Full Baths, 1 Half Baths
Sq. Feet:1,234
Year Built:2001
County: Marion
Township: Franklin
MLS #:21996251
Property Type:Single Family Residence

Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,234
Total Sq. Ft. :1,234

Loan Price
$1,069
Price And Interest $939/month
Property Tax $55/month
MTG INS $0/month
HOME INS $75/month
Price
$179,999
Down Payment %
0 %
Down Payment
$0
Property Taxes
$55/month
Home Owner Insurance
$900 / year
HOA Dues
$160 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 16x18 Main
Dining Room 10x12 Main
Kitchen 12x12 Main
Sitting Room 10x12 Main
Primary Bedroom 12x14 Main
Bedroom 2 11x12 Main

Semi-Annual Property Tax:$327
Tax Year:2023
Mandatory HOA Fee:$160
HOA Fee Paid:Monthly

Area: 4906 - Marion - Franklin
City:Indianapolis
Subdivision: Ridgeview Commons
Zip Code:46237

Total Sq. Ft.:1,234
Interior Features:Eat-in Kitchen, WoodWorkStain/Painted
Eating Area(s):Dining Combo/Kitchen
Appliances:Electric Cooktop, Dishwasher, Dryer, Microwave, Electric Oven, Refrigerator, Washer, Water Heater
Exterior Type:Brick
Cool:Central Electric
Heat:Electric
Water Heater:Electric Cooktop, Dishwasher, Dryer, Microwave, Electric Oven, Refrigerator, Washer, Water Heater
Total Rooms:6
Chase Lyday, REALTOR®/Broker, F. C. Tucker Company
Chase Lyday
Phone (317) 694-3642
Additional Phone (317) 210-9570
F.C. Tucker Company
VISIT MY PROFILE

Listing provided courtesy of Chase Lyday with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/15/2024 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

95
Avg. DOM

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 412 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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