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(SOLD) $375,000

611 E 40th Street Indianapolis, IN  46205

  • 3 Beds
  • 3 Baths
  • 2,436 sq. Ft

Property Description for 611 E 40th Street Indianapolis, IN 46205

Welcome to 611 E 40th Street, a beautifully updated residence nestled in the highly desirable Meridian-Kessler neighborhood. This charming 3-bedroom, 2.5-bath home effortlessly combines classic character with modern conveniences, making it the perfect choice for your next move. Enjoy the light filled space, featuring hardwood floors, classic crown molding, recessed lighting, and a stone fireplace flanked by built-ins. This kitchen boasts under-counter lighting, granite countertops, stainless appliances and breakfast bar. The attached dining area is perfect for family meals and the French doors take you to the deck and private outdoor space with a 6-foot fence and charming brick patio. Retreat to your primary bedroom with a spacious closet and an en-suite bathroom that features a walk-in shower with stunning Carrara marble. A full, unfinished basement is great for storage or finishing down the line. Conveniently located within minutes of restaurants, the Monon Trail, the State Fairgrounds, Butler University, and SoBro, this home could be a great opportunity to AirBnB. Inquire about furnishings. Welcome home!

Address:611 E 40th Street Indianapolis IN 46205
Status:Sold
Sold On: 10/25/2024
Price:$375,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:2,436
Year Built:1929
Lot Size:0.07
County: Marion
Township: Washington
MLS #:21995022
Property Type:Single Family Residence
Buyer Broker Compensation: negotiable
Any compensation may only be paid to a licensed real estate broker.

Lot Dimensions:3136
Lot Features:Sidewalks, Storm Sewer, Street Lights
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :812
Upper Level Sq. Ft. :812
Total Sq. Ft. :2,436
Basement:Yes

Loan Price
$2,405
Price And Interest $1,956/month
Property Tax $293/month
MTG INS $0/month
HOME INS $156/month
Price
$375,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$293/month
Home Owner Insurance
$1,872 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 13x11 Upper
Laundry 5x4 Main
Kitchen 13x8 Main
Living Room 24x13 Main
Dining Room 15x11 Main
Bedroom 3 11x10 Upper
Bedroom 2 11x11 Upper

Semi-Annual Property Tax:$1,756
Tax Year:2023
Other Disclosures:Not Applicable, Sales Disclosure On File
Mandatory HOA Fee:$

Area: 4903 - Marion - Washington
City:Indianapolis
Subdivision: Ardmore
Zip Code:46205

Total Sq. Ft.:2,436
Interior Features:Attic Access, Breakfast Bar, Built In Book Shelves, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Pantry, Walk-in Closet(s), Wood Work Painted
Interior Area(s):Living Room Formal
Eating Area(s):Breakfast Room, Formal Dining Room
Appliances:Dishwasher, Disposal, MicroHood, Gas Oven, Refrigerator
Equipment:Smoke Alarm
Exterior Type:Cement Siding
Fireplace(s):Living Room, Non Functional, Other
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Disposal, MicroHood, Gas Oven, Refrigerator
Total Rooms:6
Nick McNeely, REALTOR®/Broker, F. C. Tucker Company
Nick McNeely
Phone (317) 410-4402
Additional Phone (317) 844-4200
F.C. Tucker Company
VISIT MY PROFILE
Tim Birky, REALTOR®/Broker, F. C. Tucker Company
Co-Listing Agent
Tim Birky
(317) 550-0700
McNeely & Birky Real Estate
VISIT MY PROFILE

Listing provided courtesy of Nicholas McNeely with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/14/2024 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

137
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 1847 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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