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5201 Melrose Avenue Indianapolis, IN $ 40,500
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$ 40,500 Get more info
5201 Melrose Avenue
$ 40,500
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5201 Melrose Avenue

Indianapolis, IN, 46241
$ 40,500
Baths0.0

Monthly Estimate*

$ 283

5201 Melrose Avenue, Indianapolis, IN 46241 - Image 1
5201 Melrose Avenue, Indianapolis, IN 46241 - Image 2
5201 Melrose Avenue, Indianapolis, IN 46241 - Image 3
5201 Melrose Avenue, Indianapolis, IN 46241 - Image 4
5201 Melrose Avenue, Indianapolis, IN 46241 - Image 5
5201 Melrose Avenue, Indianapolis, IN 46241 - Image 6
5201 Melrose Avenue, Indianapolis, IN 46241 - Image 7
Studio

Lots and Land for sale in Indianapolis, IN

for $40,500. The lot size is 0.11.

2 adjoining lots of approximately 9500SQFT available in a well established neighborhood and ready for your new build! Possible seller financing. Please review plats and do your due diligence before making an offer.

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Lots and Land Active

Price

$ 40,500

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 512

Style

Residential Lots

Lot Size

0.11

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21964176
Features
General
Sewer Not Applicable
Possession Closing
Development Status Not Applicable
Zoning R1
Topography Not Applic
Township Wayne
Property SubType Residential Lots
Tax Year 2022
Additional Parcels Description 491118113252000900
County Marion
New Construction N
Property Type Land
Subdivision Name Drexel Gardens
Other Structures Not Applicable
Status Active
Directions GPS Friendly
City Indianapolis
Buyer Agent Compensation 3.0
High School District Indianapolis Public Schools
MLS Area 4909 - Marion - Wayne
Lot Size Square Feet 4704
Street Name Melrose
Current Financing Cash Only
Additional Parcels Y/N Y
Days on Market 75
Standard Status Active
Tax Lot 541
Buyer Agent Compensation Type %
Legal Description Drexel Gardens No. 2 L541
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Interior
Street Suffix Avenue
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Exterior
Lot Size Acres 0.11
Road Surface Type Dirt
Road Frontage Type City Street
Number of Lots 2
Horse Amenities None
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* Excluded Features
List By
Wynkoop Brokerage Firm, Llc

Broker

Scott@IndianaREO.com

Email

Affordability Calculator

$326
Per Month
87%
13%
0%
Monthly Principal & Interest
$283
Monthly Property Taxes
$43
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/29/2024$40,500 -1.22% Price Down
4/24/2024$41,000 -1.20% Price Down
4/19/2024$41,500 -1.19% Price Down
4/9/2024$42,000 -2.33% Price Down
4/2/2024$43,000 -2.27% Price Down
3/26/2024$44,000 -2.22% Price Down
3/14/2024$45,000 -2.17% Price Down
3/6/2024$46,000 -4.17% Price Down
2/26/2024$48,000 -4.00% Price Down
2/15/2024$50,000 Listed Price

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5201 Melrose Avenue, Indianapolis, IN, 46241 is a Lots and Land for sale at $40,500 with a lot size of 0.11. 5201 Melrose Avenue is a studio with 0.0 baths. The property's zip code is 46241 which is in Indianapolis, IN

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