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(SOLD) $225,000

7240 Avalon Trail Drive Indianapolis, IN  46250

  • 3 Beds
  • 3 Baths
  • 1,758 sq. Ft

Property Description for 7240 Avalon Trail Drive Indianapolis, IN 46250

This 3 bed/2 1/2 bath ranch home w/2 car garage needs some updating but it is priced well below market and a great opportunity for an investor, home flipper or a someone wanting the opportunity to buy a less expensive home that they can update and customize to their own desire. Great location with beautiful large wooded back yard, large deck and storage barn--this home has tons of potential. Electrical panel recently updated to 200amp service. New gas water heater in 2022 and HVAC recently serviced. S/S appliances including gas stove and S/S refrigerator included along with washer and dryer. Prelisting inspection was completed and is available upon request. We work with buyer's agents.

Address:7240 Avalon Trail Drive Indianapolis IN 46250
Status:Sold
Sold On: 8/23/2024
Price:$170,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:1,758
Year Built:1971
Lot Size:0.39
County: Marion
Township: Lawrence
MLS #:21992644
Property Type:Single Family Residence

Lot Dimensions:17076
Lot Features:Mature Trees
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :1,758
Total Sq. Ft. :1,758

Loan Price
$1,435
Price And Interest $1,174/month
Property Tax $167/month
MTG INS $0/month
HOME INS $94/month
Price
$225,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$167/month
Home Owner Insurance
$1,128 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 12x16 Main
Dining Room 12X10 Main
Kitchen 19X10 Main
Laundry 10X8 Main
Primary Bedroom 12X15 Main
Bedroom 2 11X11 Main
Bedroom 3 11X10 Main
Family Room 18X15 Main

Semi-Annual Property Tax:$1,000
Tax Year:2023
Other Disclosures:As Is
Mandatory HOA Fee:$

Area: 4904 - Marion - Lawrence
City:Indianapolis
Subdivision: No Subdivision
Zip Code:46250

Total Sq. Ft.:1,758
Accessibility Feature:Accessible Doors,Accessible Entrance
Interior Features:Eat-in Kitchen
Interior Area(s):Bedroom Other on Main
Eating Area(s):Dining Combo/Kitchen, Formal Dining Room
Appliances:Dishwasher, Dryer, Disposal, Gas Water Heater, Gas Oven, Range Hood, Refrigerator, Washer, Water Heater
Exterior Features:Barn Mini
Exterior Type:Cedar, Stone
Fireplace(s):Living Room
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Dishwasher, Dryer, Disposal, Gas Water Heater, Gas Oven, Range Hood, Refrigerator, Washer, Water Heater
Total Rooms:8
Brian Wignall, REALTOR®/Broker, F. C. Tucker Company
Brian Wignall
Phone (317) 797-3580
Additional Phone (317) 846-7751
F.C. Tucker Company
VISIT MY PROFILE

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

Based on information submitted to the MLS GRID as of 07/25/2024 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 1546 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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