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$599,900 ↑$9,900on 6/10/2024

705 E 16th Street Indianapolis, IN  46202

  • 3 Beds
  • 4 Baths
  • 2,065 sq. Ft

Property Description for 705 E 16th Street Indianapolis, IN 46202

Bottleworks, The Monon Trail, Provider Coffee, Festiva, Tinker Street Restaurant - you can have it ALL just steps from your front door! Welcome to 16 Gateway Townhomes! This BRAND new Brownstone style townhome from Estridge is the perfect blend of function and style. 3 full bedrooms/3 full baths (featuring walk-in showers and dual sinks), a well placed 1/2 bath on the main floor, an oversized main floor outdoor deck patio, dual HVAC units and a tankless water heater provide the function. For style - TONS of natural light from all directions, a chef's dream kitchen (with Fisher Paykel appliances, custom kitchen cabinets and quartz counter tops), street level outdoor patio area provides the perfect spot for sunset gatherings. For those who work downtown, tired of the LONG commute back and forth from the suburbs?? This spectacular townhome is just what the doctor ordered!

Address:705 E 16th Street Indianapolis IN 46202
Status:Active
on site: 274 days
Price:$599,900
Bedrooms:3 Beds
Bathrooms:3 Full Baths, 1 Half Baths
Sq. Feet:2,065
Year Built:2023
Lot Size:0.03
County: Marion
Township: Center
MLS #:21961995
Property Type:Townhouse
Buyer Broker Compensation: 3%
Any compensation may only be paid to a licensed real estate broker.

Lot Dimensions:1410
Lot Features:Access, Not In Subdivision, Sidewalks, Street Lights, Mature Trees
Water Source:Municipal/City
Directions:Located at E. 16th Street and N. College Ave. (GPS Friendly)
Main Level Sq. Ft. :1,265
Upper Level Sq. Ft. :800
Total Sq. Ft. :2,065

Loan Price
$4,682
Price And Interest $3,129/month
Property Tax $1,303/month
MTG INS $0/month
HOME INS $250/month
Price
$599,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$1,303/month
Home Owner Insurance
$3,000 / year
HOA Dues
$175 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
06/10/24 $590,000 $599,900 1.68%

RoomSizeLevel
Primary Bedroom 13x12 Upper
Bedroom 2 12x12 Upper
Bedroom 3 13x12 Main
Library 12x11 Main
Loft 11x8 Upper
Living Room 20x14 Main
Kitchen 13x12 Main
Dining Room 9x9 Main

Semi-Annual Property Tax:$7,816
Tax Year:2023
Mandatory HOA Fee:$175
HOA Fee Paid:Monthly

Area: 4912 - Marion - Center Ne
City:Indianapolis
Subdivision: 16 Gateway
Zip Code:46202

Total Sq. Ft.:2,065
Interior Features:Raised Ceiling(s), Center Island, Entrance Foyer, Eat-in Kitchen, Walk-in Closet(s), Windows Thermal
Interior Area(s):Laundry in Unit, Utility Room
Eating Area(s):Dining Combo/Kitchen
Appliances:Dishwasher, Electric Water Heater, Disposal, Microwave, Electric Oven, Range Hood
Equipment:Smoke Alarm
Exterior Features:Lighting
Exterior Type:Brick, Cement Siding
Fireplace(s):Electric, Living Room
Cool:Central Electric
Heat:Forced Air
Water Heater:Dishwasher, Electric Water Heater, Disposal, Microwave, Electric Oven, Range Hood
Total Rooms:8
Bif Ward, REALTOR®/Broker, F. C. Tucker Company
Bif Ward
Phone (317) 590-7871
Additional Phone (317) 844-4200
F.C. Tucker Company
VISIT MY PROFILE

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

Based on information submitted to the MLS GRID as of 02/20/2024 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 1474 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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