1457 Fairfield Avenue Indianapolis, IN $ 530,000
1457 Fairfield Avenue
$ 530,000
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1457 Fairfield Avenue

Indianapolis, IN, 46205
$ 530,000
Baths0.0

Monthly Estimate*

$ 3,174

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Studio

Multi-Family Home for sale in Indianapolis, IN

for $530,000. This home was built in 1914 on a lot size of 0.15.

Immaculately maintained 1914 period Arts and Crafts duplex in historic Watson Place/Baiz. Owner has retained all the charm and architectural integrity of the property while updating much. Each unit is 2164 sqft plus 700 sqft in the basement. The third floor could easily be a gigantic primary bedroom suite making each unit 4 bedrooms. Hand crafted kitchen cabinets, china hutches, stained and leaded glass windows, oak trim, elegante stair systems, beautiful hardwood floors through is just the beginning. Bathrooms are totally renovation. Rents could easily be north of $2,000/month. This property has the space and amenities for an owner occupant in one unit while rent from the other unit covers much of the living expenses.

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Multi-Family Active

Price

$ 530,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,920

Style

Craftsman

Lot Size

0.15

Year Built

1914

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22005152

Features
General
Heating Forced Air Gas
Cooling Central Electric
Possession Negotiable
Roof Asphalt
Garage Spaces 0
Architectural Style Craftsman
Construction Materials Wood Brick
Year Built 1914
Tenant Pays All Utilities Insurance
Township Center
Levels Two
Building Design Duplex
Tax Year 2023
Current Use Residential
County Marion
Net Operating Income 24700
Operating Expense 4500
Insurance Expense 3500
New Construction N
Property Type Residential Income
Subdivision Name Jose Balz Fairgrounds
Facing Direction North
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
NumberOfUnitsTotal 2
MLS Area 4912 - Marion - Center Ne
Lot Size Square Feet 6665
Waterfront Y/N N
Property Attached Y/N Y
Current Financing Conventional FHA VA
Property Condition Updated/Remodeled
Additional Parcels Y/N N
Structure Type Duplex
Standard Status Active
Tax Lot 15
Legal Description Jose Balz Fair Ground Ave Add L15
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Interior
Basement Daylight/Lookout Windows Partially Finished
Basement (Y/N) Y
Laundry Features In Basement
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Exterior
Fencing Partial
Parking Features Paver Block
Lot Features City Lot
Foundation Details Block
Lot Size Acres 0.15
Road Surface Type Asphalt
Road Frontage Type City Street
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* Excluded Features
List By
F.C. Tucker Company

Broker

djessee@talktotucker.com

Email

Affordability Calculator

$3,501
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,174
Monthly Property Taxes
$327
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% 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
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/25/2024$530,000 Listed Price

Map


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1457 Fairfield Avenue, Indianapolis, IN, 46205 is a Multi-Family Home for sale at $530,000 with a lot size of 0.15. 1457 Fairfield Avenue is a studio with 0.0 baths and was built in 1914. The property's zip code is 46205 which is in Indianapolis, IN