640 N Somerset Avenue Indianapolis, IN $ 114,750
640 N Somerset Avenue
$ 114,750
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640 N Somerset Avenue

Indianapolis, IN, 46222
$ 114,750
Bedrooms2 Baths1.0 Sq 1,440

Monthly Estimate*

$ 802

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Single Family Home for sale in Indianapolis, IN

for $114,750 with 2 bedrooms and 1 full bath. This 1,440 square foot home was built in 1941 on a lot size of 0.1.

Here's a fabulous opportunity to buy a home directly across the street from IPS "The Path" school for K-8th grade! The house will need numerous repairs which should provide some sweat equity in this rapidly improving neighborhood! The basement may have potential for additional living space, bedroom or hobby room. Seller will consider a land contract with as little as 10% down and 11.5% interest.

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Single Family Active

Price

$ 114,750

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 1,890

Style

Bungalow

Lot Size

0.1

Year Built

1941

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21966034

Features
General
Interior Features Attic Access
Heating Forced Air
Cooling None
Possession Closing
Appliances None
Garage Spaces 1
Architectural Style Bungalow
Construction Materials Aluminum Siding
Year Built 1941
Township Wayne
Levels One
Property SubType Single Family Residence
Tax Year 2022
County Marion
New Construction N
Property Type Residential
HOA / Comm Assn N
Subdivision Name No Subdivision
Garage Y/N Y
Total Rooms 5
Status Active
Directions GPS Friendly
City Indianapolis
Buyer Agent Compensation 3
High School District Indianapolis Public Schools
MLS Area 4909 - Marion - Wayne
Lot Size Square Feet 4530
Street Name Somerset
Property Attached Y/N N
Current Financing Cash Only Contract
Days on Market 62
Standard Status Active
Tax Lot 9021639
Buyer Agent Compensation Type %
Legal Description Fairfax L304
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Exterior
Parking Features Detached
Water Source Other
Foundation Details Block
Building Area Total 1440
Lot Size Acres 0.1
Horse Amenities None
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Interior
Total Fireplaces 0
Basement (Y/N) Y
Full Baths 1
Half Baths 0
Street Suffix Avenue
Total Bedrooms 2
Below Grade Finished Area 0
Main Level Bedrooms 2
Total Baths 1
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* Excluded Features
List By
Wynkoop Brokerage Firm, Llc

Broker

Scott@IndianaREO.com

Email

Affordability Calculator

$959
Per Month
84%
16%
0%
Monthly Principal & Interest
$802
Monthly Property Taxes
$158
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
Pricing History
DatePricePrice ChangeDescription
4/29/2024$114,750 -0.03% Price Down
4/24/2024$114,789 -0.18% Price Down
4/19/2024$115,000 -0.86% Price Down
4/9/2024$116,000 -0.85% Price Down
4/2/2024$117,000 -0.85% Price Down
3/26/2024$118,000 -0.84% Price Down
3/14/2024$119,000 -0.83% Price Down
2/28/2024$120,000 Listed Price

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640 N Somerset Avenue, Indianapolis, IN, 46222 is a Single Family Home for sale at $114,750 with 1,440 sqft and a lot size of 0.1. 640 N Somerset Avenue has 2 bedrooms, 1.0 baths, and was built in 1941. The property's zip code is 46222 which is in Indianapolis, IN