5559 W Morris Street Indianapolis, IN ^$ 195,000

5559 W Morris Street

^$ 195,000

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5559 W Morris Street

Indianapolis, IN, 46241

^$ 195,000

Bedrooms2 Baths1.0 Sq 1,644

Monthly Estimate*

^$ 1,362

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Single Family Home for sale in Indianapolis, IN

for $195,000 with 2 bedrooms and 1 full bath. This 1,644 square foot home was built in 1925 on a lot size of 0.17.

GREAT COMMERCIAL LOCATION HOUSE PLUS EXTRA LOT NEXT DOOR (Presently zoned Residential) Located next to commercial properties. Buyer can use the house as an office and additional for car sales, storage, etc. Or live in the home with your business next door on your own lot, OR tear down house and build your commercial building. Easy access to US 40 to Indianapolis or airport. Property is being sold AS IS. All municiple utilities.

Single Family Active

Price

^$ 195,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 168

Style

Bungalow

Lot Size

0.17

Year Built

1925

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21958194

Features

General

Interior Features WoodWorkStain/Painted

Heating Gas

Cooling Central Electric

Possession Closing

Appliances Dishwasher Disposal Gas Water Heater Oven Electric Oven Refrigerator

Garage Spaces 1

Architectural Style Bungalow

Construction Materials Wood

Year Built 1925

Township Wayne

Levels One

Property SubType Single Family Residence

Tax Year 2022

Additional Parcels Description 491213112003000930

County Marion

New Construction N

Property Type Residential

HOA / Comm Assn N

Subdivision Name No Subdivision

Garage Y/N N

Total Rooms 8

Status Active

Directions I-465 to West Washington Street (US 40) go east to West Morris Street on right to property. From Indianapolis West Washington Street to Lynhurst Drive south to West Morris Street turn west to proper

City Indianapolis

Buyer Agent Compensation 3

High School District MSD Wayne Township

MLS Area 4909 - Marion - Wayne

Lot Size Square Feet 7362

Street Name Morris

Property Attached Y/N N

Current Financing Cash Only Conventional

Property Condition Fixer

Additional Parcels Y/N Y

Days on Market 78

Standard Status Active

Tax Lot 491213112002000930

Buyer Agent Compensation Type %

Legal Description Linhurst Addition L38

Exterior

Parking Features Detached

Water Source Municipal/City

Foundation Details Block

Building Area Total 1644

Lot Size Acres 0.17

Horse Amenities None

Interior

Total Fireplaces 0

Basement (Y/N) Y

Full Baths 1

Half Baths 0

Street Suffix Street

Total Bedrooms 2

Below Grade Finished Area 292

Main Level Bedrooms 2

Total Baths 1

* Excluded Features

List By

Re/Max Centerstone

Broker

dlaser4243@gmail.com

Affordability Calculator

$1,376

Per Month

Monthly Principal & Interest: $1,362
Monthly Property Taxes: $14
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Indianapolis, IN

Average List Price ^$331,638

Percent of Sale Price 70%

About Indianapolis, IN

843,184 Population

8% Since 2002

^$43,160 Median Income

35.24 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4045008 Elementary School

4045003 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/18/2024	$195,000	-15.22%	Price Down
2/7/2024	$230,000	-11.54%	Price Down
1/2/2024	$260,000		Listed Price

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5559 W Morris Street, Indianapolis, IN, 46241 is a Single Family Home for sale at $195,000 with 1,644 sqft and a lot size of 0.17. 5559 W Morris Street has 2 bedrooms, 1.0 baths, and was built in 1925. The property's zip code is 46241 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Property information provided courtesy of the Internet Exchange Program of the Metropolitan Indianapolis Board of REALTORS® Broker Listing Cooperative® listing service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/28/2024.

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5559 W Morris Street

Single Family Home for sale in Indianapolis, IN

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