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(SOLD) $350,000

5508 Spicebush Drive Indianapolis, IN  46254

  • 3 Beds
  • 2 Baths
  • 1,785 sq. Ft

Property Description for 5508 Spicebush Drive Indianapolis, IN 46254

Highly desirable The Trees community. Classic brick ranch with SO many updates. Fully fenced gorgeous private backyard. Beautiful landscaping with Sequencing blooms. Wonderful open floor plan perfect for family gatherings and entertaining. Sunroom is the perfect place to relax and enjoy the sunshine! Improvements include: Skylights added and windows repaired for SO much natural light - 2024, Water Heater - 2024, Refrigerator - 2024, Microwave - 2023, Pergola and Deck extended, the perfect place for outdoor entertaining - 2022, Gutter Guards - 2022, Exterior Paint - 2021, Primary Bath AND Guest Bath fully updated, GOREGOUS! - 2019, Kitchen completely updated with countertops cabinets and open floor plan, the HEART of the home! - 2019, Most Light Fixtures - 2019, Fence / HVAC / Water Softener / Reverse Osmosis System / Hardwood Oak and Ash Floors - 2018. MOVE IN right in and start LIVING! Attic has stairs, floored and has lighting - SO much storage! Crawl space is clean with electrical and lighting. All of this with a perfect location close to all that Eagle Creek Park, The Greenway and The Mayor's Garden have to offer. Have you been looking for a home with character but fully updated and meticulously maintained? HERE IT IS!
QuickBuy option for home selling

Address:5508 Spicebush Drive Indianapolis IN 46254
Status:Sold
Sold On: 6/13/2024
Price:$360,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,785
Year Built:1987
Lot Size:0.16
County: Marion
Township: Pike
MLS #:21980796
Property Type:Single Family Residence

Lot Dimensions:6926
Lot Features:Mature Trees
Water Source:Municipal/City
Directions:Major cross streets - 56th and Reed Rd.
Main Level Sq. Ft. :1,785
Total Sq. Ft. :1,785

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
$19 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 14x12 Main
Sun Room 17x07 Main
Living Room 10x9 Main
Kitchen 23x13 Main
Family Room 16x11 Main
Dining Room 14x9 Main
Bedroom 2 13x9 Main
Bedroom 3 11x10 Main
Laundry 08x05 Main

Semi-Annual Property Tax:$1,464
Tax Year:2024
Mandatory HOA Fee:$075
HOA Fee Paid:Quarterly

Area: 4902 - Marion - Pike
Subdivision: The Trees
Zip Code:46254

Total Sq. Ft.:1,785
Interior Features:Attic Access, Attic Pull Down Stairs, Breakfast Bar, Raised Ceiling(s), Center Island, Hardwood Floors, Hi-Speed Internet Availbl, Skylight(s), Walk-in Closet(s), Windows Wood, Wood Work Painted
Interior Area(s):Bedroom Other on Main, Living Room Formal
Eating Area(s):Breakfast Room, Formal Dining Room
Appliances:Dishwasher, Dryer, Disposal, Gas Water Heater, Humidifier, MicroHood, Microwave, Gas Oven, Refrigerator, Washer, Water Softener Owned
Equipment:Smoke Alarm, Sump Pump
Exterior Type:Brick, Cedar
Fireplace(s):Electric, Family Room, Insert
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, Disposal, Gas Water Heater, Humidifier, MicroHood, Microwave, Gas Oven, Refrigerator, Washer, Water Softener Owned
Total Rooms:9
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 Caroline Curry-Cinamon with Keller Williams Indpls Metro N from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 05/22/2024 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 822 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.