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(SOLD) $199,900

8861 Cape Drive Indianapolis, IN  46256

  • 2 Beds
  • 1 Baths
  • 908 sq. Ft

Property Description for 8861 Cape Drive Indianapolis, IN 46256

Turn-key, MOVE-IN READY, MUST SEE 2 bed, 1 bath immaculately clean, total electric, updated unit with 1 car finished garage w/ keyless entry! Laminate floors are 5 years old, as well as the Larson storm door, Pella slider door to private patio w/ blinds and screen. Roof is approx 14-15 years old, furnace/heat pump & water heater are 8 years old! Carpet in bedrooms is just 3 years old. This home is across the street from the great club house with community pool. Home is in a perfect location and is just minutes to shopping, dining, interstate access and healthcare. No homestead exemption in place. 2023 taxes are at 2%. These will get lowered if/when new owner files a homestead exemption.
QuickBuy option for home selling

Address:8861 Cape Drive Indianapolis IN 46256
Status:Sold
Sold On: 6/20/2024
Price:$199,900
Bedrooms:2 Beds
Bathrooms:1 Full Baths
Sq. Feet:908
Year Built:1988
Lot Size:0.10
County: Marion
Township: Lawrence
MLS #:21982382
Property Type:Condominium

Lot Dimensions:4491
Lot Features:Curbs, Sidewalks, Mature Trees
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :908
Total Sq. Ft. :908

Loan Price
$1,502
Price And Interest $1,043/month
Property Tax $376/month
MTG INS $0/month
HOME INS $83/month
Price
$199,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$376/month
Home Owner Insurance
$996 / year
HOA Dues
$147 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Great Room 20x13 Main
Dining Room 11x10 Main
Kitchen 10x9 Main
Primary Bedroom 13x11 Main
Bedroom 2 10x10 Main

Semi-Annual Property Tax:$2,254
Tax Year:2023
Mandatory HOA Fee:$147
HOA Fee Paid:Monthly

Area: 4904 - Marion - Lawrence
City:Indianapolis
Subdivision: Cape Cod Village
Zip Code:46256

Total Sq. Ft.:908
Interior Features:Attic Access, Bath Sinks Double Main, Breakfast Bar, Paddle Fan, Hi-Speed Internet Availbl, Eat-in Kitchen
Eating Area(s):Dining Combo/Family Room
Appliances:Dishwasher, Dryer, Disposal, Electric Oven, Refrigerator, Washer
Exterior Type:Vinyl With Brick
Fireplace(s):Family Room
Cool:Central Electric
Heat:Forced Air
Water Heater:Dishwasher, Dryer, Disposal, Electric Oven, Refrigerator, Washer
Total Rooms:5
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 Dana Huston with Keller Williams Indpls Metro N 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.





Indianapolis Market Report

25
Avg. DOM

The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $10,832.93. 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 $273,000.00 and the average price per square feet is $158.65 per square feet. At the moment, the amount of homes listed is exactly 13560 houses, with 2229 with active status, 1293 with pending status and 10038 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 $3,223.43. 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 71 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 1449 minutes ago.

At the moment we have 203 open houses that you can visit.

The cost of the most expensive home in Indianapolis is $5,500,000.00. 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 $1.00 . 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 2163.38 sq.ft. , the biggest one being 14738 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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