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$380,000 ↓$5,000on 10/28/2024(Pending)

6512 Madison Avenue Indianapolis, IN  46227

  • 3 Beds
  • 2 Baths
  • 2,940 sq. Ft

Property Description for 6512 Madison Avenue Indianapolis, IN 46227

Attention All Tudor-Revival enthusiasts! At nearly a century old, this 1927 classic stands proudly off Madison Avenue, within Southside's historic town of Homecroft. Although the years were not kind to this masterpiece, the home was painstakingly RESTORED to its former glory. From rebuilding the iconic chimney to reopening the cozy side-porch, all effort was made to maintain the original architecture style while balancing essential upgrades if needed. New updates include: Roof, HVAC, Basement perimeter drain system, Kitchen cabinets, quartzite counter tops, appliances, upstairs bathroom, and much, much more! This beauty has been repainted and refreshed inside and out, and I challenge you to find a better example of a stunning English Tudor. However, with all its dynamic attributes, the "crown-jewel" of this home is the breath-taking front elevation. The soaring split fireplace chimney is flanked on one side by a brick-arched side porch with limestone trim, and on the other, a solid white oak, manor-arched entry door. Couple this with professional landscaping, original shake siding, and copper gutter appointments, and you'll witness near perfection. Schedule your showing today!
QuickBuy option for home selling

Address:6512 Madison Avenue Indianapolis IN 46227
Status:Pending
on site: 29 days
Price:$380,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:2,940
Year Built:1927
Lot Size:0.30
County: Marion
Township: Perry
MLS #:21991467
Property Type:Single Family Residence

Lot Dimensions:13199
Lot Features:Access, Storm Sewer, Street Lights, Suburb
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,074
Upper Level Sq. Ft. :792
Total Sq. Ft. :2,940
Basement:Yes

Loan Price
$2,394
Price And Interest $1,982/month
Property Tax $254/month
MTG INS $0/month
HOME INS $158/month
Price
$380,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$254/month
Home Owner Insurance
$1,896 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/28/24 $385,000 $380,000 -1.3%
09/20/24 $395,000 $385,000 -2.53%
09/03/24 $410,000 $395,000 -3.66%
08/09/24 $425,000 $410,000 -3.53%
07/30/24 $450,000 $425,000 -5.56%

RoomSizeLevel
Primary Bedroom 15x12 Upper
Dining Room 15 x 11 Main
Kitchen 14 x 10 Main
Laundry Open Basement
Living Room 20 x 13 Main
Bedroom 2 14 x 11 Upper
Bedroom 3 12 x 11 Main

Semi-Annual Property Tax:$1,523
Tax Year:2023
Other Disclosures:Broker Owned, Sales Disclosure On File
Mandatory HOA Fee:$

Area: 4907 - Marion - Perry
Subdivision: Homecroft
Zip Code:46227

High School:Southport High School

Total Sq. Ft.:2,940
Interior Features:Attic Access, Built In Book Shelves, Entrance Foyer, Hardwood Floors, Wood Work Stained
Interior Area(s):Bedroom Other on Main, Living Room Formal
Eating Area(s):Breakfast Room, Formal Dining Room, Separate Room
Appliances:Dishwasher, Electric Water Heater, Disposal, MicroHood, Electric Oven, Refrigerator
Equipment:Smoke Alarm, Sump Pump, Sump Pump w/Backup
Exterior Features:Lighting
Exterior Type:Brick, Cedar, Shingle/Shake
Fireplace(s):Living Room, Masonry
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Electric Water Heater, Disposal, MicroHood, Electric Oven, Refrigerator
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 Debbie Halcomb with Keller Williams Indy Metro S from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/18/2024 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 2187 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.