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(SOLD) $325,000

5512 Indianola Avenue Indianapolis, IN  46220

  • 2 Beds
  • 1 Baths
  • 1,722 sq. Ft

Property Description for 5512 Indianola Avenue Indianapolis, IN 46220

Welcome to your charming bungalow in the heart of Broad Ripple! This beautifully updated, move-in ready, 2-bedroom, 1-bathroom home offers the perfect blend of modern amenities and classic charm. Home also features a rare 2-car garage! Nestled near the popular Monon Trail, renowned restaurants, and shopping destinations, convenience meets comfort in this vibrant walkable neighborhood. Step inside and be greeted by newer vinyl plank floors that flow seamlessly throughout the main level. The kitchen boasts stainless steel appliances, adding a touch of elegance to your culinary endeavors. Home features a large full unfinished basement, which is full of possibilities for additional living space. The bedrooms are thoughtfully designed for extra versatility, offering ample space for customization according to your needs. Outside, unwind on the expansive custom wood deck with built-in seating, overlooking your fully fenced backyard including a dedicated fire pit area. Whether you're hosting summer barbecues or simply enjoying a quiet evening under the stars, this outdoor oasis provides the perfect backdrop for relaxation and recreation. Say goodbye to maintenance worries, as the home features a newer roof, AC unit, water heater, windows, and so much more!!
QuickBuy option for home selling

Address:5512 Indianola Avenue Indianapolis IN 46220
Status:Sold
Sold On: 8/2/2024
Price:$310,000
Bedrooms:2 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,722
Year Built:1941
Lot Size:0.18
County: Marion
Township: Washington
MLS #:21979228
Property Type:Single Family Residence

Lot Dimensions:7928
Lot Features:Curbs, Sidewalks, Street Lights, Mature Trees
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :928
Total Sq. Ft. :1,722
Basement:Yes

Loan Price
$2,098
Price And Interest $1,695/month
Property Tax $268/month
MTG INS $0/month
HOME INS $135/month
Price
$325,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$268/month
Home Owner Insurance
$1,620 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 11x12 Main
Dining Room 09x08 Main
Living Room 15x11 Main
Bedroom 2 11x11 Main
Kitchen 10x08 Main
Utility Room 11x08 Main

Semi-Annual Property Tax:$1,607
Tax Year:2023
Mandatory HOA Fee:$

Area: 4903 - Marion - Washington
City:Indianapolis
Subdivision: 54th & Haverford
Zip Code:46220

Total Sq. Ft.:1,722
Interior Features:Attic Access, Hardwood Floors, Screens Complete, Windows Vinyl, Paddle Fan, Hi-Speed Internet Availbl
Interior Area(s):Bedroom Other on Main, Laundry in Unit, Living Room Formal, Utility Room
Eating Area(s):Dining Combo/Kitchen
Appliances:Gas Cooktop, Dishwasher, Dryer, MicroHood, Gas Oven, Convection Oven, Refrigerator, Washer, Gas Water Heater, Water Softener Owned
Equipment:Radon System, Sump Pump w/Backup
Exterior Features:Outdoor Fire Pit
Exterior Type:Vinyl Siding
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Gas Cooktop, Dishwasher, Dryer, MicroHood, Gas Oven, Convection Oven, Refrigerator, Washer, Gas Water Heater, Water Softener Owned
Total Rooms:7
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 Andy Tresize with Compass Indiana, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 06/20/2024 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 2045 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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