2 months on rocket

1641-1643 Cornell Ave, Indianapolis, IN, 46202

$639,900

Home List Price

$7,599*

Closing Credit

0 Baths
Multi

Location

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1641-1643 Cornell Ave, Indianapolis$639,900

Buyer Closing Credits

$7,599*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1997
CoolingCentral Air
BasementYes
MLS #22001140
Lot Size0.12 Acres
StatusActive

About 1641-1643 Cornell Ave

House Hackers - Take note! This versatile home offers the perfect opportunity for first-time investors or co-housing! Use it as an investment and cut your monthly expenses in half OR MORE! This fully furnished home features 6 bedrooms, 2 living areas, 2 kitchens, and 2 dining/flex spaces, plus a total of four baths, which can be opened up for communal living or completely divided and closed off with a fire-rated steel door concealed by a sliding barn door! Share this home and purchase with friend(s) or family, OR if you're looking for extra income, keep it set up as a fully furnished rental! Utilities are metered separately. Large living areas feature electric fireplaces, and an adjacent dining area can also be used as an office or playroom. The updated kitchens boast stainless appliances, engineered stone countertops, and white cabinets with pantries. Front porches offer space for outdoor entertaining as does the large backyard. Off-street paved parking is available in the rear. In this challenging economy, consider this a way to make your life easier! Only one block from the Monon Trail and just minutes from IUPUI, Lucas Oil, Mass Ave/Bottleworks, hospitals (perfect for travel nurse guests), the convention center, and all the best Indy has to offer. Secure primary residence financing on your future profitable double furnished rental! Homes on this street have sold for $1M+!!!

Property Details

Property Features

Property Information:

  • Year Built: 1997

Listing Office:

  • Office Name: CENTURY 21 Scheetz
  • Office Email: kyazel@c21scheetz.com
  • Listing Agent: Kristen Yazel

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $639,900
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Housing Market Comparison

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

Med. Sold Price

$245.5K

Med. Price/SqFt

$139

Avg. Days On Market

31

# of Sold Homes

946

1641-1643 Cornell Ave vs Indianapolis

70 DAYS ON ROCKET

+39 Days

$639,900

+$394.3K More

KEY TAKEAWAY

This property is $394.3K more than the Median Sold Price in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #22001140

Listing Office:

  • Office Name: CENTURY 21 Scheetz
  • Office Email: kyazel@c21scheetz.com
  • Listing Agent: Kristen Yazel

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: 11/21/2024, 10:16:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$3,261

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,985

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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-256114
4
/10
  • Theodore Potter Magnet Elementary School 74

  • 1601 E 10th St

  • 0.75 miles

  • Public District Grades KG-6

school-card-donut-256115
8
/10
  • Paramount Cottage Home

  • 1203 E Saint Clair St

  • 0.81 miles

  • Public Charter Grades KG-4

school-card-donut-256116
4
/10
  • Thomas D. Gregg Elementary School 15

  • 2302 E Michigan St

  • 1.36 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,679. Typical income of Indianapolis, IN residents is less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesIndianaMarion CountyIndianapolis462021641-1643 Cornell Ave

This home is located at 1641-1643 Cornell Ave in Indianapolis, IN and zip code 46202 in the Near Northside neighborhood. This home, which was built in 1997, sits on a 0.12 acre lot. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $639,900.

While more than 170 listings in Indianapolis, IN in October 2024 were sold above asking price, there were more than 256 listings sold at asking price, and more than 519 were sold below. Between September 2024 and October 2024, Indianapolis, IN real estate market has seen increase in the number of listings by 3.7%. While the average time on the market in October 2024 was 31 days, the median list price was $245,515.

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

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