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(SOLD) $450,000

855 N Madison Avenue Greenwood, IN  46142

Property Description for 855 N Madison Avenue Greenwood, IN 46142

A Greenwood Gem! Rare 4 unit apartment building exuding potential of Old Town. Situated just steps from the stunning Trail System that leads to local shops, eateries, and entertainment. Low maintenance limestone exterior, ample parking with 2 spots per unit, on almost a half acre lot. Surprisingly spacious interiors with vintage charm. Common laundry on main floor including coin operated machines. 3 units are tenant occupied. Vacant unit on main level features 2 bedrooms with stunning hardwoods, new paint, flooring, private patio for outdoor enjoyment and more. Offering as-is, this beauty awaits!
QuickBuy option for home selling

Address:855 N Madison Avenue Greenwood IN 46142
Status:Sold
Sold On: 7/12/2024
Price:$495,000
Bathrooms:0
Year Built:1963
Lot Size:0.42
County: Johnson
Township: Pleasant
MLS #:21983398
Property Type:Fourplex

Lot Dimensions:18382
Road Frontage:City Street
Road Access:Street Cuts
Road Surface:Asphalt
Lot Features:Not In Subdivision, On Trail, Sidewalks, Street Lights
Zoning:Commercial
Building Utilities:Separate Gas Meter, Septic System, Water
Directions:From Fry Road and Madison Avenue. South on Madison Ave less than 2 blocks. Property located between Maple and Elm Street on east side.

Loan Price
$2,709
Price And Interest $2,347/month
Property Tax $174/month
MTG INS $0/month
HOME INS $188/month
Price
$450,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$174/month
Home Owner Insurance
$2,256 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$1,045
Tax Year:2023
Other Disclosures:As Is, Sales Disclosure Supplements
Mandatory HOA Fee:$

Area: 4102 - Johnson - Pleasant
City:Greenwood
Subdivision: Holman Heights
Zip Code:46142

Exterior Features:Balcony, Storage Shed
Exterior Type:Stone
Cool:Window Unit(s)
Heat:Gas, Hot Water
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 Jessica Ferguson with Oak Creek Realty, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 06/06/2024 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.





Greenwood Market Report

66
Avg. DOM
$164.33
Avg. $ / Sq.Ft.
$ 349,900
Med. List Price

The house prices in Greenwood are indeed dropping at the moment. There has been a decrease in price of $14,928.02. 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 Greenwood are going Down. The average house price is $360,000.00 and the average price per square feet is $165.19 per square feet. At the moment, the amount of homes listed is exactly 1344 houses, with 244 with active status, 162 with pending status and 938 sold in Greenwood .

The most popular place to buy a home in Greenwood is 4102 - Johnson - Pleasant. 4102 - Johnson - Pleasant 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 Greenwood .

The average amount of property taxes you would have to pay for a home in Greenwood is $3,018.67. 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 Greenwood are staying listed for an average of 70 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 Greenwood was 1373 minutes ago.

At the moment we have 19 open houses that you can visit.

The cost of the most expensive home in Greenwood is $3,799,000.00. 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 Greenwood is $139,900.00 . 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 Greenwood in year 1800 and the newest built house is in year 2024.

The average size of properties in Greenwood is 2709.01 sq.ft. , the biggest one being 13367 sq.ft. and the smaller being 720 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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