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$650,000 (Pending)

5515 Shorewood Drive Indianapolis, IN  46220

  • 3 Beds
  • 2 Baths
  • 3,183 sq. Ft

Property Description for 5515 Shorewood Drive Indianapolis, IN 46220

Waterfront ranch located on Lake Maxinhall (84 acre Lake). Updated ranch with walkout lower level provides beautiful water views from both levels. Located in central Washington Township this property has easy asses to Broad Ripple and downtown. Listing Broker related to seller
QuickBuy option for home selling

Address:5515 Shorewood Drive Indianapolis IN 46220
Status:Pending
on site: 63 days
Price:$650,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:3,183
Year Built:1979
Lot Size:0.55
County: Marion
Township: Washington
MLS #:21999418
Property Type:Single Family Residence

Lot Dimensions:24089
Lot Features:Cul-De-Sac
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :2,122
Total Sq. Ft. :3,183
Basement:Yes

Loan Price
$4,169
Price And Interest $3,391/month
Property Tax $507/month
MTG INS $0/month
HOME INS $271/month
Price
$650,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$507/month
Home Owner Insurance
$3,252 / year
HOA Dues
$21 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 20x26 Main
Dining Room 12x3 Main
Kitchen 10x24 Main
Laundry 9x9 Main
Primary Bedroom 14x17 Main
Bedroom 2 13x14 Main
Bedroom 3 12x13 Main
Family Room 16x20 Basement

Semi-Annual Property Tax:$3,041
Tax Year:2023
Other Disclosures:Estate, Sales Disclosure Not Required, Other
Mandatory HOA Fee:$250
HOA Fee Paid:Annually

Area: 4903 - Marion - Washington
City:Indianapolis
Subdivision: Lake Maxinhall
Zip Code:46220

Total Sq. Ft.:3,183
Interior Features:Attic Pull Down Stairs, Built In Book Shelves, Vaulted Ceiling(s), Hardwood Floors, Eat-in Kitchen, Skylight(s), Walk-in Closet(s), Windows Thermal
Eating Area(s):Breakfast Room, Formal Dining Room
Appliances:Dishwasher, Disposal, Gas Water Heater, Microwave, Electric Oven, Range Hood, Refrigerator, Free-Standing Freezer
Exterior Type:Cement Siding, Stone
Fireplace(s):Living Room
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Disposal, Gas Water Heater, Microwave, Electric Oven, Range Hood, Refrigerator, Free-Standing Freezer
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 Taylor Kumler with Kumler Realty from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/01/2024 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 1861 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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