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(SOLD) $840,000

8040 88th Street W Indianapolis, IN  46278

  • 5 Beds
  • 4 Baths
  • 5,450 sq. Ft

Property Description for 8040 88th Street W Indianapolis, IN 46278

WOW! ONCE-IN-A-GENERATION OPPORTUNITY TO OWN THIS RARE RANCH ESTATE HOME. ALL UPDATED, METICULOUSLY MAINTAINED & MADE FOR ENTERTAINING. ENJOY OPEN FLOORPLAN W/ GRAND GREAT ROOM, 3 FIREPLACES, UNIQUE STAIRCASE, LUXURY WINDOWS W/ TRANSOMS, SPEAKERS, HARDWOODS, SCREENED PORCH, MULTI-LEVEL DECK & 3-CAR GARAGE. GOURMET KITCHEN W/ HIGH-END APPLIANCES, HUGE COUNTER-HEIGHT ISLAND, PREP-SINK, QUARTZ, TILE SPLASH, BUTLER'S AREA & WALK-IN-PANTRY. BEAUTIFULLY REMODELED HEARTH ROOM ADDING A DESIGN EDGE TO THE HOME. MSTR BEDRM W/ DECK, LARGE DOUBLE CLOSET & UPDATED BATH W/ HIS/HER VANITIES. FULLY FINISHED WALKOUT BSMT W/ 3 REC RMS, 3 ADDITIONAL BEDROOMS (OR FLEX ROOMS), WETBAR, WINE CELLAR & UNIQUE BUILT-INS. ALL OF THIS LOCATED IN A PRIVATE, 1.2 ACRE PARK-LIKE SETTING W/ KOI POND, CREEK, LANDSCAPING LIKE YOU'VE NEVER SEEN, FENCE & A SALT WATER GUINITE INFINITY POOL W/ NEW HEATER & COVER. MOST EVERYTHING IS NEWER, INCLUDING BRAND NEW CIRCULAR DRIVEWAY. DON'T MISS THIS RARE FIND!
QuickBuy option for home selling

Address:8040 88th Street W Indianapolis IN 46278
Status:Sold
Sold On: 8/15/2024
Price:$779,990
Bedrooms:5 Beds
Bathrooms:3 Full Baths, 1 Half Baths
Sq. Feet:5,450
Year Built:1995
Lot Size:1.20
County: Marion
Township: Pike
MLS #:21989851
Property Type:Single Family Residence

Lot Dimensions:52141
Lot Features:Not In Subdivision, Wooded
Water Source:Municipal/City
Directions:FROM WEST 86TH & I-465, WEST TO FIRST STOP LIGHT (MOORE RD). NORTH ON MOORE RD TO 88TH ST. WEST ON 88TH ST TO HOME ON THE RIGHT.
Main Level Sq. Ft. :2,725
Total Sq. Ft. :5,450
Basement:Yes

Loan Price
$5,316
Price And Interest $4,382/month
Property Tax $584/month
MTG INS $0/month
HOME INS $350/month
Price
$840,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$584/month
Home Owner Insurance
$4,200 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Dining Room 14x12 Main
Great Room 23x16 Main
Bedroom 2 16x13 Main
Primary Bedroom 18x14 Main
Hearth Room 16x15 Main
Kitchen 15x12 Main
Breakfast Room 8x8 Main
Play Room 31x15 Basement
Family Room 21x15 Basement
Bonus Room 18x12 Basement
Bedroom 3 17x12 Basement
Bedroom 4 17x12 Basement
Bedroom 5 13x12 Basement

Semi-Annual Property Tax:$3,502
Tax Year:2024
Other Disclosures:Sales Disclosure On File
Mandatory HOA Fee:$

Area: 4902 - Marion - Pike
City:Indianapolis
Subdivision: No Subdivision
Zip Code:46278

Total Sq. Ft.:5,450
Interior Features:Built In Book Shelves, Vaulted Ceiling(s), Walk-in Closet(s), Hardwood Floors, Wet Bar, Wood Work Painted, Breakfast Bar, Bath Sinks Double Main, Eat-in Kitchen, Entrance Foyer, Hi-Speed Internet Availbl, Center Island, Pantry, Programmable Thermostat, Surround Sound Wiring
Interior Area(s):Bedroom Other on Main, Great Room - 2 Story
Eating Area(s):Breakfast Room, Formal Dining Room
Appliances:Gas Cooktop, Dishwasher, Disposal, Microwave, Oven, Double Oven, Bar Fridge, Refrigerator, Wine Cooler, Gas Water Heater
Equipment:Smoke Alarm, Theater Equipment
Exterior Features:Gas Grill
Exterior Type:Brick
Fireplace(s):Family Room, Great Room, Hearth Room
Cool:Central Electric
Heat:Forced Air, Electric, Gas
Water Heater:Gas Cooktop, Dishwasher, Disposal, Microwave, Oven, Double Oven, Bar Fridge, Refrigerator, Wine Cooler, Gas Water Heater
Total Rooms:17
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 Kristie Smith with Indy Homes from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/10/2024 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 886 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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