2 months on rocket

2502 Foltz St, Indianapolis, IN, 46241

$199,900

Home List Price

$2,374*

Closing Credit

6 Bedrooms
2 Full Baths
1,750 SqFt
$114/SqFt
House

Location

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2502 Foltz St, Indianapolis$199,900

Buyer Closing Credits

$2,374*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1925
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #21996083
Lot Size0.12 Acres
StatusActive

About 2502 Foltz St

Welcome this unique property into your rental portfolio! This well-maintained property comes with 2 homes on one parcel. Both units are currently tenant-occupied in two different spaces! The 3 bed/1 bath house is under lease for $850/mo and the former garage has been converted into a 3 bed/1 bath and is currently under lease for $800/mo! These long-term tenants are currently paying all utilities.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow, Ranch
  • Year Built: 1925
  • Living Area: 1,750 SqFt

Listing Office:

  • Office Name: RE/MAX Advanced Realty
  • Office Email: scottchain@indyhomepros.com
  • Listing Agent: Scott Chain

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Gas Oven, Refrigerator, Washer, Electric Water Heater
  • Basement: Yes
  • Interior: Attic Pull Down Stairs, Hardwood Floors, Eat-in Kitchen, Hi-Speed Internet Availbl, Pantry

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Ben Davis High School, Public District Grades 10-12
  • Lynhurst 7th & 8th Grade Center, Public District Grades 7-8
  • Stout Field Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,900
  • Price Per SqFt: $114/SqFt

Tax Information:

  • Annual Amount: $709
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$245K

Med. Price/SqFt

$138

Avg. Days On Market

25

# of Sold Homes

963

2502 Foltz St vs Indianapolis

77 DAYS ON ROCKET

+52 Days

$199,900

-$45.1K Less

$114/SqFt

-$25 Less

KEY TAKEAWAY

This property is $45.1K less than the Median Sold Price and $25/SqFt less than other homes in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21996083

Listing Office:

  • Office Name: RE/MAX Advanced Realty
  • Office Email: scottchain@indyhomepros.com
  • Listing Agent: Scott Chain

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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Last updated on: 10/30/2024, 6:16:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 27, 2017Home Sold
$70,000

Tax History

YEARPROP. TAXASSESSMENT
2020$709$74,200
2019$727$74,200
2018$702$73,000
2017$725$70,200

History based on county public records data.

Payment Calculator

$1,065

Per Month

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.

Elementary School

school-card-donut-429325
4
/10
  • Stout Field Elementary School

  • 3820 W Bradbury Ave

  • 0.28 miles

  • Public District Grades PK-6

Middle School

school-card-donut-429326
5
/10
  • Lynhurst 7th & 8th Grade Center

  • 2805 S Lynhurst Dr

  • 0.81 miles

  • Public District Grades 7-8

High School

school-card-donut-429327
2
/10
  • Ben Davis High School

  • 1200 N Girls School Rd

  • 4.97 miles

  • Public District Grades 10-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,526. The majority of Indianapolis, IN residents have income less than $35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2502 Foltz St

What is the listing price of this property?

The listing price of 2502 Foltz St property is $199,900.

What type of property is this?

The property 2502 Foltz St is a house located in Indianapolis, Indiana, 46241.

Is this property for sale now?

Active Listing: 2502 Foltz St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2502 Foltz St are:
Stout Field Elementary School: GreatSchools Rating 4/10
Lynhurst 7th & 8th Grade Center: GreatSchools Rating 5/10
Ben Davis High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $709 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 27, 2017 for $70,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2502 Foltz St has 6 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2502 Foltz St is 1,750 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2502 Foltz St is 1925.

Rocket HomesIndianaMarion CountyIndianapolis462412502 Foltz St

This home is located at 2502 Foltz St in Indianapolis, IN and zip code 46241 in the Mars Hill neighborhood. This 1,750 square foot home, which was built in 1925, sits on a 0.12 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $199,900.

In September 2024, from all listings sold in Indianapolis, IN there were more than 196 sold above asking price, over 490 sold below and more than 277 were sold right at the asked price. Between August 2024 and September 2024, Indianapolis, IN real estate market has seen decrease in the number of listings by 0.4%. In September 2024, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $245,027.

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

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