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(SOLD) $450,000

750 Cottage Avenue Indianapolis, IN  46203

Property Description for 750 Cottage Avenue Indianapolis, IN 46203

Welcome to your dream investment opportunity in the heart of Bates-Hendricks! This stunning duplex has undergone a complete transformation, with every inch meticulously gutted to the studs in 2020 and rebuilt with top-of-the-line finishes and modern amenities. Featuring a spacious layout, each unit boasts 3 bedrooms and 2 baths (750 has a half bath), providing ample space and comfort for residents. The 752 side is currently rented until August 2024, ensuring immediate income for the savvy investor. Meanwhile, the 750 side will be available at the end of April, offering flexibility for an owner-occupant or the opportunity to set your own rental terms. Situated in the desirable Bates-Hendricks neighborhood, residents will enjoy easy access to downtown Indianapolis, trendy restaurants, and vibrant nightlife. Plus, rest assured knowing that this property is professionally managed, providing peace of mind for hassle-free ownership. Don't miss out on this rare opportunity to own a turnkey investment property in one of Indianapolis's most sought-after neighborhoods. Schedule your showing today and make this duplex your next successful venture!
QuickBuy option for home selling

Address:750 Cottage Avenue Indianapolis IN 46203
Status:Sold
Sold On: 5/23/2024
Price:$449,900
Bathrooms:0
Year Built:1920
Lot Size:0.12
County: Marion
Township: Center
MLS #:21972236
Property Type:Duplex

Lot Dimensions:5053
Road Access:Not Applic
Lot Features:City Lot, Curbs, Not In Subdivision, Sidewalks
Building Utilities:Municipal Storm Connected, Separate Gas Meter
Directions:GPS Friendly
Basement:Yes

Loan Price
$3,394
Price And Interest $2,347/month
Property Tax $859/month
MTG INS $0/month
HOME INS $188/month
Price
$450,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$859/month
Home Owner Insurance
$2,256 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$5,156
Tax Year:2023
Mandatory HOA Fee:$

Area: 4913 - Marion - Center Se
City:Indianapolis
Subdivision: No Subdivision
Zip Code:46203

Exterior Type:Vinyl Siding
Cool:Central Electric
Heat:Forced Air, Gas
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 Ashley Mullin with FS Houses LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 04/03/2024 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 961 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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