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232 N College Ave, Indianapolis, IN, 46202

$895,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
2,392 SqFt
$374/SqFt
House

Location

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232 N College Ave, Indianapolis$895,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1895
HeatingForced Air, Furnace
CoolingCentral Air, Zoned
FireplaceGas Log
MLS #22002387
Lot Size0.22 Acres
StatusActive

About 232 N College Ave

Welcome to this ONE-OF-A-KIND property built in 1895 in Historic Lockerbie! Completely updated in 2022 this historical home has seen many uses over its span of time. Currently this home is completely furnished with 3 individual units, that can either be open to one another or completely separate. The units allows for its new owner and occupants to live short term or long term. Each of the designer units is individualized and comes fully furnished with full baths, walk-in showers, and kitchens. Currently it is used for AirBNB, midterm, and long term rentals. This unique opportunity would be great for someone looking to house hack or rent out each unit. This wonderful location has you in walking distance to everything mass ave has to offer!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1895
  • Living Area: 2,392 SqFt

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Email: jason.riley@exprealty.com
  • Listing Agent: Jason Riley

Interior Features

Interior Information:

  • Appliances: Electric Cooktop, Disposal, Microwave
  • Basement: No
  • Interior: Skylight(s)
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Furnace
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $895,000
  • Price Per SqFt: $374/SqFt

Tax Information:

  • Annual Amount: $6,873
  • Tax Year: 2020
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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

232 N College Ave vs Indianapolis

55 DAYS ON ROCKET

+24 Days

$895,000

+$649.4K More

$374/SqFt

+$235 More

KEY TAKEAWAY

This property is $649.4K more than the Median Sold Price and $235/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: #22002387

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Email: jason.riley@exprealty.com
  • Listing Agent: Jason Riley

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: 11/14/2024, 10:46:47 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$6,873$231,600
2019$7,156$228,000
2018$6,303$227,700
2017$5,864$226,100

History based on county public records data.

Payment Calculator

$4,534

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,750

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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-278879
8
/10
  • Paramount Cottage Home

  • 1203 E Saint Clair St

  • 0.68 miles

  • Public Charter Grades KG-4

school-card-donut-278880
4
/10
  • Theodore Potter Magnet Elementary School 74

  • 1601 E 10th St

  • 1.04 miles

  • Public District Grades KG-6

school-card-donut-278881
6
/10
  • William McKinley Elementary School 39

  • 1733 Spann Ave

  • 1.19 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,333. Typical income of Indianapolis, IN residents is less than $35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 232 N College Ave

What is the listing price of this property?

The listing price of 232 N College Ave property is $895,000.

What type of property is this?

The property 232 N College Ave is a house located in Indianapolis, Indiana, 46202.

Is this property for sale now?

Active Listing: 232 N College Ave 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 $6,873 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 232 N College Ave has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 232 N College Ave is 2,392 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 232 N College Ave is 1895.

Rocket HomesIndianaMarion CountyIndianapolis46202232 N College Ave

This home is located at 232 N College Ave in Indianapolis, IN and zip code 46202 in the Lockerbie Square neighborhood. This 2,392 square foot home, which was built in 1895, sits on a 0.22 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $895,000.

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. The number of listings in Indianapolis, IN increased by 3.7% between September 2024 and October 2024. Listings spent 31 days on the market in October 2024, and had a median list price of $245,515 during the same period.

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

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