5 months on rocket

223 S State Ave, Indianapolis, IN, 46201

$200,000

Home List Price

$2,375*

Closing Credit

0 Baths
Multi

Location

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223 S State Ave, Indianapolis$200,000

Buyer Closing Credits

$2,375*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1900
BasementYes
MLS #21982255
Lot Size0.10 Acres
StatusActive

About 223 S State Ave

Investors dream duplex! Seize this incredible investment opportunity with this duplex located just minutes from downtown and fountain square. Live on one side and rent the other. This duplex offers great rental potential and is perfect for investors looking to expand their portfolio. Being sold as-is, it's a goldmine for savvy investors looking to capitalize on the area's transformation and rising property values. Act fast - properties like this don't stay on the market long!

Property Details

Property Features

Property Information:

  • Year Built: 1900

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Email: martha.hernandez@exprealty.com
  • Listing Agent: Martha Hernandez

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $200,000
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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

223 S State Ave vs Indianapolis

171 DAYS ON ROCKET

+140 Days

$200,000

-$45.5K Less

KEY TAKEAWAY

This property is $45.5K less 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: #21982255

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Email: martha.hernandez@exprealty.com
  • Listing Agent: Martha Hernandez

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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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 10:46:48 PM 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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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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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-607035
6
/10
  • William McKinley Elementary School 39

  • 1733 Spann Ave

  • 0.31 miles

  • Public District Grades PK-6

school-card-donut-607036
4
/10
  • Thomas D. Gregg Elementary School 15

  • 2302 E Michigan St

  • 0.97 miles

  • Public District Grades PK-6

school-card-donut-607037
8
/10
  • Paramount Cottage Home

  • 1203 E Saint Clair St

  • 1.05 miles

  • Public Charter Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,875. Residents of Indianapolis, IN typically earn less than $35k each year. Typical family type is 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


Rocket HomesIndianaMarion CountyIndianapolis46201223 S State Ave

This home is located at 223 S State Ave in Indianapolis, IN and zip code 46201 in the State Square neighborhood. This home, which was built in 1900, sits on a 0.10 acre lot. It has been listed on Rocket Homes since May 30, 2024 and is currently priced at $200,000.

In October 2024 more than 170 listings in Indianapolis, IN were sold above the asking price. During the same period more than 256 listings were sold at asking price, while more than 519 were sold below. In October 2024 in Indianapolis, IN there were 3.7% more homes for sale than in September 2024. 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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