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(SOLD) $29,000

703 S Meridian Street Redkey, IN  47373

  • 2 Beds
  • 1 Baths
  • 790 sq. Ft

Property Description for 703 S Meridian Street Redkey, IN 47373

What a great opportunity to purchase this affordable Redkey house and turn into the home you want! Located on a corner lot on State Road 1 on the south side of Redkey featuring a nice large 2 lot yard. Close to the wonderful Downtown Redkey shops and easy access to the highway! Bring your vision for a great remodel! Home does have an On-Demand Hot Water Heater installed about 1 year ago. Note: Sellers ask that all questions about the property be directed to the Realtor.

Address:703 S Meridian Street Redkey IN 47373
Status:Sold
Sold On: 7/11/2024
Price:$35,000
Bedrooms:2 Beds
Bathrooms:1 Full Baths
Sq. Feet:790
Year Built:1900
Lot Size:0.27
County: Jay County
Township: Richland
School System : Jay
MLS #:202419274
Property Type:Site-Built Home

Lot Dimensions:130x92
Lot Description:Corner,Level,0-2.9999
Directions:St Rd 67 to St Rd 1, turn south through town to sign on the left.
Total Sq. Ft. :790
Basement:No

Loan Price
$208
Price And Interest $151/month
Property Tax $45/month
MTG INS $0/month
HOME INS $12/month
Price
$29,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$45/month
Home Owner Insurance
$144 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 13 x 13 Main
2nd Bedroom 13 x 9 Main
Kitchen 11 x 11 Main
Living Room 13 x 13 Main

Semi-Annual Property Tax:$270
Tax Year:2024
Mandatory HOA Fee:$

City:Redkey
Subdivision: None
Zip Code:47373

School System:Jay
High School:Jay County
Middle School:Jay County
Elementary School:Redkey

Total Sq. Ft.:790
Appliances:Refrigerator, Oven-Gas, Water Heater Electric
Exterior Features:Vinyl
Fuel:Gas, Forced Air
Cool:Wall AC
Heat:Gas, Forced Air
Total Rooms:4
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 Mark Leavell with Jack Houck Real Estate

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Redkey Market Report

198
Avg. DOM
$79.16
Avg. $ / Sq.Ft.
$ 126,500
Med. List Price

The house prices in Redkey are indeed dropping at the moment. There has been a decrease in price of $0.00. 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 Redkey are going Down. The average house price is $126,200.00 and the average price per square feet is $76.06 per square feet. At the moment, the amount of homes listed is exactly 20 houses, with 8 with active status, 2 with pending status and 10 sold in Redkey .

The most popular place to buy a home in Redkey is 3809 - Jay - Richland. 3809 - Jay - Richland 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 Redkey .

The average amount of property taxes you would have to pay for a home in Redkey is $845.17. 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 Redkey are staying listed for an average of 103 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 Redkey was 11577 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Redkey is $185,000.00. 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 Redkey is $85,000.00 . 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 Redkey in year 1886 and the newest built house is in year 2001.

The average size of properties in Redkey is 1766.25 sq.ft. , the biggest one being 2356 sq.ft. and the smaller being 947 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.