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$150,000 $10,000on 11/19/2024

5559 W Morris Street Indianapolis, IN  46241

  • 2 Beds
  • 1 Baths
  • 1,644 sq. Ft

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Property Description for 5559 W Morris Street Indianapolis, IN 46241

Welcome to this delightful 2-bedroom, 1-bathroom home, nestled on a spacious 0.34-acre lot within the sought-after MSD Wayne Township School District. This home is full of charm, functionality, and a welcoming atmosphere, creating the perfect blend of cozy comfort and everyday practicality. Upon entering, you're greeted by a warm foyer leading into a bright, formal living room where large windows let natural light fill the space. The beautiful hardwood floors enhance the home's classic appeal, flowing through the main areas and providing both elegance and durability. With its inviting layout, the home is designed for ease and simplicity, making it perfect for comfortable living. The kitchen is thoughtfully arranged with space for culinary creations, connecting conveniently to the basement. Downstairs, there's a dedicated laundry area and plenty of storage space, ensuring you have a place for everything. This versatile basement can serve as a hobby room, storage area, or even extra living space as needed. The fully fenced backyard offers privacy, safety, and ample room for pets and outdoor fun. The open patio is an ideal spot for morning coffee, evening relaxation, or hosting friends for weekend get-togethers. Surrounded by lush greenery, it provides a serene retreat right outside your door, perfect for enjoying the peaceful neighborhood. Located near schools, shops, dining, and commuter routes, this home offers a convenient lifestyle with room to grow. Whether you're a first-time buyer, looking to downsize, or seeking a charming home to make your own, this property delivers. Embrace the chance to enjoy suburban tranquility with access to everything you need. Schedule your visit today to experience the charm and potential this well-cared-for home has to offer!
QuickBuy option for home selling

Address:5559 W Morris Street Indianapolis IN 46241
Status:Active
on site: 20 days
Price:$150,000
Bedrooms:2 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,644
Year Built:1925
Lot Size:0.34
County: Marion
Township: Wayne
MLS #:22009268
Property Type:Single Family Residence

Lot Dimensions:14724
Lot Features:City Lot, Corner Lot, Not In Subdivision, Zoned, See Remarks
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :876
Total Sq. Ft. :1,644
Basement:Yes

Loan Price
$940
Price And Interest $782/month
Property Tax $95/month
MTG INS $0/month
HOME INS $63/month
Price
$150,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$95/month
Home Owner Insurance
$756 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/19/24 $160,000 $150,000 -6.25%

RoomSizeLevel
Living Room 21x16 Main
Dining Room 21x16 Main
Kitchen 9x15 Main
Laundry 12x12 Basement
Primary Bedroom 13x12 Main
Bedroom 2 13x9 Main
Family Room 12x19 Basement

Semi-Annual Property Tax:$568
Tax Year:2023
Mandatory HOA Fee:$

Area: 4909 - Marion - Wayne
Subdivision: No Subdivision
Zip Code:46241

High School:Ben Davis University High School
Middle School:Lynhurst 7th & 8th Grade Center
Elementary School:Maplewood Elementary School

Total Sq. Ft.:1,644
Interior Features:Attic Access, Entrance Foyer, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Screens Some, WoodWorkStain/Painted
Interior Area(s):Bedroom Other on Main, Living Room Formal
Eating Area(s):Dining Combo/Living Room
Appliances:Dishwasher, Dryer, Gas Water Heater, Electric Oven, Refrigerator, Washer, Water Heater
Equipment:Sump Pump
Exterior Features:Storage Shed
Exterior Type:Wood
Fuel:No Fuel Source
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, Gas Water Heater, Electric Oven, Refrigerator, Washer, Water Heater
Total Rooms:7
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Connor Jones with Mark Dietel Realty, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/30/2024 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 900 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.