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1542 S Alabama St, Indianapolis, IN, 46225

$429,000

Home List Price

$5,094*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
2,899 SqFt
$148/SqFt
House

Location

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1542 S Alabama St, Indianapolis$429,000

Buyer Closing Credits

$5,094*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1900
HeatingNatural Gas
CoolingCentral Air
BasementYes
MLS #22011748
Lot Size0.12 Acres
StatusActive

About 1542 S Alabama St

Price Reduced! Motivated Seller! Wow! This completely remodeled 4-bed, 3.5-bath Bates Hendricks home perfectly blends modern updates with original charm. Step inside and be greeted by a striking open-concept living, dining, and kitchen area, ideal for entertaining. The kitchen boasts ample storage, a stunning glass tile backsplash, a spacious island, and an incredible microwave drawer. A top-of-the-line washer/dryer combo is conveniently located just off the kitchen. The main-floor primary suite offers a luxurious retreat, featuring a walk-in closet, a double vanity, and a beautifully tiled shower. Upstairs, two en-suite bedrooms provide privacy and convenience for guests or family members. The fully fenced backyard is complete with a large deck, perfect for gatherings and outdoor relaxation. The property also features private alley access to a spacious parking area and a two-car garage, setting it apart from the rest. Additional updates include a brand-new water heater, AC, and plumbing for peace of mind. Nestled on a quiet, tree-lined street with a picturesque center island that bursts into color in spring and fall, this home is one house away from the elementary school-perfect for families. Located in historic Bates Hendricks, you'll enjoy proximity to Fletcher Park, Fountain Square, and downtown Indianapolis. Easy access to I-65 and I-70 makes commuting a breeze, and major employers like Eli Lilly and IU are just minutes away. Don't miss out-schedule your showing today! The seller is highly motivated, so bring your offers and make this stunning downtown gem yours!

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1900
  • Living Area: 2,899 SqFt

Listing Office:

  • Office Name: BluPrint Real Estate Group
  • Office Email: kindra@kindrakeller.com
  • Listing Agent: Kindra Keller

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Gas Oven, Refrigerator, Washer, Water Heater
  • Basement: Yes
  • Interior: Walk-in Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $429,000
  • Price Per SqFt: $148/SqFt

Tax Information:

  • Annual Amount: $382
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Indianapolis, IN.

Med. Sold Price

$248.1K

Med. Price/SqFt

$140

Avg. Days On Market

36

# of Sold Homes

830

1542 S Alabama St vs Indianapolis

32 DAYS ON ROCKET

-4 Days

$429,000

+$180.8K More

$148/SqFt

+$8 More

KEY TAKEAWAY

This property is $180.8K more than the Median Sold Price and $8/SqFt more than other homes in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #22011748

Listing Office:

  • Office Name: BluPrint Real Estate Group
  • Office Email: kindra@kindrakeller.com
  • Listing Agent: Kindra Keller

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

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.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 10:46:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$382$106,300
2019$414$61,400
2018$313$54,100
2017$299$45,700

History based on county public records data.

Payment Calculator

$2,209

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,353

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4378689
3
/10
  • Eleanor Skillen Elementary School 34

  • 1410 Wade St

  • 1.14 miles

  • Public District Grades PK-6

school-card-donut-4378690
6
/10
  • William McKinley Elementary School 39

  • 1733 Spann Ave

  • 1.51 miles

  • Public District Grades PK-6

school-card-donut-4378691
3
/10
  • Piloted Schools Bethel Park

  • 2710 Bethel Ave

  • 1.89 miles

  • Public Charter Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,281. Typical income of Indianapolis, IN residents is less than $35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1542 S Alabama St

What is the listing price of this property?

The listing price of 1542 S Alabama St property is $429,000.

What type of property is this?

The property 1542 S Alabama St is a house located in Indianapolis, Indiana, 46225.

Is this property for sale now?

Active Listing: 1542 S Alabama St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $382 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1542 S Alabama St has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 1542 S Alabama St is 2,899 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1542 S Alabama St is 1900.

Rocket HomesIndianaMarion CountyIndianapolis462251542 S Alabama St

This home is located at 1542 S Alabama St in Indianapolis, IN and zip code 46225 in the Near Southside neighborhood. This 2,899 square foot home, which was built in 1900, sits on a 0.12 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 16, 2024 and is currently priced at $429,000.

Over 170 listings were sold over their listed price in November 2024 in Indianapolis, IN. In the same period over 429 listings were sold below the listed price and 231 listings were sold for the listed price. In November 2024 in Indianapolis, IN there were 5.8% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $248,146, while the average time on the real estate market was 36 days.

From Rocket Homes Real Estate and based on county public records data.

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