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(SOLD) $350,000

5508 W Southport Road Indianapolis, IN  46221

  • 3 Beds
  • 2 Baths
  • 1,594 sq. Ft

Property Description for 5508 W Southport Road Indianapolis, IN 46221

Charming ranch-style home nestled on 3.12 acres in Decatur school district. This beautifully updated 3 bedroom, 2 bathroom residence features a spacious interior, a one-car attached garage, and an additional 4+ car detached garage for ample storage. Enjoy the serene surroundings with a creek running through the property, complete with a picturesque walk-across bridge. Connected outbuildings offer even more storage options. A perfect blend of modern comforts and rural tranquility awaits you in this lovely home. Make sure you click on the virtual tour to see a 3D tour.
QuickBuy option for home selling

Address:5508 W Southport Road Indianapolis IN 46221
Status:Sold
Sold On: 5/29/2024
Price:$349,900
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,594
Year Built:1974
Lot Size:1.00
County: Marion
Township: Decatur
MLS #:21973954
Property Type:Single Family Residence

Lot Dimensions:43560
Lot Features:Irregular Lot, Not In Subdivision, Mature Trees
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,594
Total Sq. Ft. :1,594

Loan Price
$2,436
Price And Interest $1,826/month
Property Tax $464/month
MTG INS $0/month
HOME INS $146/month
Price
$350,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$464/month
Home Owner Insurance
$1,752 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 12x11 Main
Bedroom 2 11x10 Main
Bedroom 3 11x10 Main
Living Room 19x12 Main
Family Room 21x19 Main
12x05 Main
Kitchen 17x13 Main
Workshop 16x08 Main

Semi-Annual Property Tax:$2,786
Tax Year:2023
Mandatory HOA Fee:$

Area: 4908 - Marion - Decatur
City:Indianapolis
Subdivision: No Subdivision
Zip Code:46221

Total Sq. Ft.:1,594
Interior Features:Attic Access, Hi-Speed Internet Availbl, Eat-in Kitchen, Windows Vinyl, Wood Work Painted
Interior Area(s):Bedroom Other on Main, Laundry in Unit, Living Room Formal
Eating Area(s):Dining Combo/Kitchen
Appliances:Microwave, Electric Oven, Refrigerator
Exterior Features:Barn Storage, Out Building With Utilities, Storage Shed
Exterior Type:Vinyl With Brick
Cool:Central Electric
Heat:Forced Air
Water Heater:Microwave, Electric Oven, Refrigerator
Total Rooms:8
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 Lorie Blythe with The Stewart Home Group from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 04/14/2024 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 1052 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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