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(SOLD) $309,000

5564 Chester Lane Indianapolis, IN  46220

  • 4 Beds
  • 4 Baths
  • 2,762 sq. Ft

Property Description for 5564 Chester Lane Indianapolis, IN 46220

Discover the charms of this impressive Indianapolis residence located within the esteemed Washington Township subdivision. This 4-bed, 3.5-bath home offers over 2762 square feet of space, providing ample room for comfortable living. The bedrooms showcase original hardwoods, evoking a sense of classic nostalgia. There are 2 Master Bedrooms-one upstairs and one down. The mature trees that surround the property create a peaceful ambiance that is ideal for relaxation and privacy. Recent updates, including new HVAC, roof, wiring, and plumbing, ensure a worry-free lifestyle. The well-designed kitchen features all-new appliances, elevating your culinary experience. The bonus room adds versatility to the home's layout, while the hearth room with a stone fireplace provides a cozy retreat. Endless Possibilities with this unique layout! Downstairs Master could be used as a recreation room/office. Rear bonus area could easily be turned back into an In-Law Suite or separate living quarter/Airbnb with separate entry or formal Home office. With its convenient location near Castleton, Broad Ripple, and downtown, this home offers easy access to shopping, dining, and entertainment. Marketed at a competitive price, this property represents an excellent opportunity to bring your imagination and own a truly remarkable residence and make it your own!
QuickBuy option for home selling

Address:5564 Chester Lane Indianapolis IN 46220
Status:Sold
Sold On: 7/8/2024
Price:$324,900
Bedrooms:4 Beds
Bathrooms:3 Full Baths, 1 Half Baths
Sq. Feet:2,762
Year Built:1965
Lot Size:0.48
County: Marion
Township: Washington
MLS #:21955455
Property Type:Single Family Residence

Lot Dimensions:20909
Lot Features:Not In Subdivision, Mature Trees
Water Source:Private Well
Directions:Use GPS
Main Level Sq. Ft. :1,992
Upper Level Sq. Ft. :770
Total Sq. Ft. :2,762

Loan Price
$2,263
Price And Interest $1,612/month
Property Tax $522/month
MTG INS $0/month
HOME INS $129/month
Price
$309,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$522/month
Home Owner Insurance
$1,548 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 14x12 Main
Bedroom 2 15x11 Upper
Bedroom 3 13x12 Upper
Bedroom 4 12x10 Upper
Bonus Room 23x9 Main
Dining Room 12x10.5 Main
Hearth Room 21x15 Main
Kitchen 13x11.5 Main
Living Room 17x11 Main
Sitting Room 15x10.5 Main
Laundry 6x5 Main

Semi-Annual Property Tax:$3,133
Tax Year:2023
Other Disclosures:None, As Is, Defects/See Remarks, Sales Disclosure Supplements
Mandatory HOA Fee:$

Area: 4903 - Marion - Washington
City:Indianapolis
Subdivision: 106 North
Zip Code:46220

Total Sq. Ft.:2,762
Interior Features:Attic Access, Bath Sinks Double Main, Breakfast Bar, Entrance Foyer, Hardwood Floors, Hi-Speed Internet Availbl, Walk-in Closet(s), Windows Wood
Interior Area(s):Living Room Formal
Eating Area(s):Breakfast Room
Appliances:Dishwasher, Electric Water Heater, Disposal, Laundry Connection in Unit, MicroHood, Electric Oven, Refrigerator, Water Purifier, Water Softener Owned
Equipment:Smoke Alarm
Exterior Features:Storage Shed
Exterior Type:Brick, Vinyl With Brick
Fireplace(s):Blower Fan, Hearth Room, Masonry
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Electric Water Heater, Disposal, Laundry Connection in Unit, MicroHood, Electric Oven, Refrigerator, Water Purifier, 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 Robert Porter with Highgarden Real Estate from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 12/01/2023 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 1236 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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