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(SOLD) $250,000

5535 N Drexel Avenue Indianapolis, IN  46220

  • 3 Beds
  • 1 Baths
  • 2,428 sq. Ft

Property Description for 5535 N Drexel Avenue Indianapolis, IN 46220

Move right in to this 3 bedroom 2428 Sq.Ft. ranch, bright and airy, with spacious rooms, fresh and updated features, easy flow layout, partially-finished basement, and an envy-worthy back yard. Meticulously maintained and wisely updated with delightful lighting, paint colors, and flooring. Nothing lacking for the ease and comfort of everyday living and anytime entertaining. Roof is only 8 years old, all kitchen appliances and washer/dryer stay. Fantastic basement with large rec/gathering space, private office (with flexibility of use), and expansive laundry/utility/storage room easily divided and further finished as needed. Mature, established landscaping for privacy, and a 2-car attached garage complete the dream! Location is fantastic with so much to do and see, schools in close proximity, and the beauty and serenity of nearby Fall Creek! Must see!
QuickBuy option for home selling

Address:5535 N Drexel Avenue Indianapolis IN 46220
Status:Sold
Sold On: 12/5/2024
Price:$250,000
Bedrooms:3 Beds
Bathrooms:1 Full Baths
Sq. Feet:2,428
Year Built:1957
Lot Size:0.37
County: Marion
Township: Washington
MLS #:22008113
Property Type:Single Family Residence

Lot Dimensions:15987
Lot Features:Mature Trees
Water Source:Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :1,324
Total Sq. Ft. :2,428
Basement:Yes

Loan Price
$1,584
Price And Interest $1,304/month
Property Tax $176/month
MTG INS $0/month
HOME INS $104/month
Price
$250,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$176/month
Home Owner Insurance
$1,248 / year
HOA Dues
$2 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 20x12 Main
Dining Room 10x13 Main
Kitchen 14x9 Main
Family Room 20x10 Main
Primary Bedroom 14x12 Main
Bedroom 2 14x10 Main
Bedroom 3 10x12 Main
Laundry 43x13 Main
Play Room 35x12 Main
Office 11x12 Basement

Semi-Annual Property Tax:$1,058
Tax Year:2023
Other Disclosures:Sales Disclosure Supplements
Mandatory HOA Fee:$020
HOA Fee Paid:Annually

Area: 4903 - Marion - Washington
City:Indianapolis
Subdivision: Fowlers Fall Creek
Zip Code:46220

High School:North Central High School
Middle School:Eastwood Middle School
Elementary School:Clearwater Elementary School

Total Sq. Ft.:2,428
Interior Features:Attic Access, Hardwood Floors, Screens Complete, Wood Work Painted, Paddle Fan
Interior Area(s):Living Room Formal
Eating Area(s):Formal Dining Room
Appliances:Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Gas Oven, Refrigerator, Washer, Water Softener Owned
Equipment:Sump Pump
Exterior Type:Brick, Wood
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, Disposal, Gas Water Heater, Microwave, Gas Oven, Refrigerator, Washer, Water Softener Owned
Total Rooms:10
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 Laura Heigl with CENTURY 21 Scheetz from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/23/2024 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

144
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 $1,436.60. 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 $265,000.00 and the average price per square feet is $153.99 per square feet. At the moment, the amount of homes listed is exactly 9886 houses, with 2272 with active status, 1101 with pending status and 6513 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 $3,058.56. 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 69 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 1769 minutes ago.

At the moment we have 90 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 $38,900.00 . 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 2103.24 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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