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(SOLD) $217,500

5525 W Market Street Indianapolis, IN  46224

  • 2 Beds
  • 2 Baths
  • 2,396 sq. Ft

Property Description for 5525 W Market Street Indianapolis, IN 46224

You are going to love this adorable 2 bedroom/2 bath home located just 5 minutes from the Indianapolis Motor Speedway! This home has seen a complete refresh. all while maintaining its adorable charm. This home is nestled on a private street and offers large windows and a ton of natural lighting. The large bay window overlooking the living room is perfect for bringing in sunshine in the summer months or cozying up next to a warm fire in the fall. The main floor also offers a breakfast nook, large mud room, and a formal dining room just off of the kitchen. You will absolutely love the large, all seasons room, full of windows that overlook the lush backyard, perfect for any plant lover. Downstairs, you will find a 2 car garage, a utility shower, a large work room, entertainment space and the possibility for a third bedroom. The expansive backyard is fully fenced in and truly a gardeners dream. Make your way back to the back of the property to see the creek that runs through. This home has seen several updates including fresh paint, new LVP flooring, updated appliances, and more. So Indy 500 fans, race on over to see this one soon!
QuickBuy option for home selling

Address:5525 W Market Street Indianapolis IN 46224
Status:Sold
Sold On: 6/6/2024
Price:$210,000
Bedrooms:2 Beds
Bathrooms:2 Full Baths
Sq. Feet:2,396
Year Built:1941
Lot Size:0.51
County: Marion
Township: Wayne
MLS #:21976597
Property Type:Single Family Residence

Lot Dimensions:22216
Water Source:Municipal/City
Directions:Get off of 465 onto Rockville Road. East on Rockville Road. North onto North Whitcomb Ave. East onto Market Street. Home will be located on your right.
Main Level Sq. Ft. :1,324
Total Sq. Ft. :2,396
Basement:Yes

Loan Price
$1,303
Price And Interest $1,135/month
Property Tax $77/month
MTG INS $0/month
HOME INS $91/month
Price
$217,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$77/month
Home Owner Insurance
$1,092 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 18x11 Main
Dining Room 9x12 Main
Kitchen 8x8 Main
Primary Bedroom 12X9 Main
Bedroom 2 12x11 Main
Sitting Room 18x11 Main

Semi-Annual Property Tax:$459
Tax Year:2023
Mandatory HOA Fee:$

Area: 4909 - Marion - Wayne
City:Indianapolis
Subdivision: No Subdivision
Zip Code:46224

Total Sq. Ft.:2,396
Interior Features:Eat-in Kitchen
Eating Area(s):Dining-L
Appliances:Gas Oven, Refrigerator
Exterior Type:Aluminum Siding, Brick
Fireplace(s):Living Room
Cool:Central Electric
Heat:Gas
Water Heater:Gas Oven, Refrigerator
Total Rooms:12
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 Cameron Buening with Keller Williams Indpls Metro N from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 05/09/2024 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 1653 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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