5 months on rocket

305 Parkway Ave, Indianapolis, IN, 46225

$399,000

Home List Price

$4,738*

Closing Credit

4 Bedrooms
3 Full Baths
2,732 SqFt
$146/SqFt
House

Location

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305 Parkway Ave, Indianapolis$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built2015
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #21991519
Lot Size0.08 Acres
StatusActive

About 305 Parkway Ave

This home is move-in ready and beautifully updated. There is an open floorplan concept. The home features multiple living areas for you to make your own. There are 4 bedrooms and 3 full baths. One bedroom and full bath are located on the main level. The gorgeous huge kitchen is perfect for multiple cooks. The countertops are a white quartz with stainless-steel appliances and gas stove. The tile backsplash in charcoal and white make a perfect accent wall behind the stove and overhead exhaust system. There are a ton of cabinets, which is perfect for those storage needs, plus there is a closet off the adjacent space for even more storage. The super-sized island is a great place for seating for a quick meal, or extra seating when entertaining. Whether you are in the living room or the kitchen the open-concept plan allows everyone to participate in whatever is happening. The space next to the kitchen makes an great spot for the dining area or maybe a home office. As you climb the wide staircase to the 2nd floor there is a large loft space at the top, actually this is another ideal place for a home office. In addition, the upper level has 3 spacious bedrooms and 2 full baths. Attached to the Primary bedroom is a large ensuite, with a very big custom walk-in shower and double sink vanity. Plus, there is a big walk-in closet. Be on top of the world! Think sunsets and fireworks on the large deck. The home was renovated by the previous owner. There is light toned engineered-hardwood floors throughout the main level and loft. All upstairs bedrooms feature neutral carpet. The home is used as a short-term rental(STR) currently; but not necessarily being sold as a STR. While the yard is moderately sized; just think you won't be using a lot of your weekend time doing yard work. Make this gorgeous home your own. Ask about the Professional Loan program. Also, it is located in a LMI Census Tract, possibly making it eligible for some financial assistance.

Property Details

Property Features

Property Information:

  • Architectural Style: TraditonalAmerican
  • Year Built: 2015
  • Living Area: 2,732 SqFt

Listing Office:

  • Office Name: Red Door Real Estate
  • Office Email: mdsouza@reddoorindy.com
  • Listing Agent: Margaret D'Souza

Interior Features

Interior Information:

  • Appliances: Dryer, Electric Water Heater, Disposal, Microwave, Gas Oven, Refrigerator
  • Basement: Yes
  • Interior: Raised Ceiling(s), Center Island, Programmable Thermostat, Screens Complete

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
  • Price Per SqFt: $146/SqFt

Tax Information:

  • Annual Amount: $7,182
  • Tax Year: 2020
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Housing Market Comparison

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

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Indianapolis, IN

City

Med. Sold Price

$248.1K

Med. Price/SqFt

$140

Avg. Days On Market

36

# of Sold Homes

830

305 Parkway Ave vs Indianapolis

151 DAYS ON ROCKET

+115 Days

$399,000

+$150.8K More

$146/SqFt

+$6 More

KEY TAKEAWAY

This property is $150.8K more than the Median Sold Price and $6/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: #21991519

Listing Office:

  • Office Name: Red Door Real Estate
  • Office Email: mdsouza@reddoorindy.com
  • Listing Agent: Margaret D'Souza

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: 12/18/2024, 10:46:50 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

Jun 05, 2019Home Sold
$74,300
Nov 26, 2018Home Sold
$144,750

Tax History

YEARPROP. TAXASSESSMENT
2020$7,182$81,000
2019$1,268$57,500
2018$971$50,600
2017$950$42,800

History based on county public records data.

Payment Calculator

$2,059

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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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-124191
3
/10

  • Eleanor Skillen Elementary School 34

  • 1410 Wade St

  • 1.28 miles

  • Public District Grades PK-6

school-card-donut-124192
6
/10

  • William McKinley Elementary School 39

  • 1733 Spann Ave

  • 1.40 miles

  • Public District Grades PK-6

school-card-donut-124193
3
/10

  • Piloted Schools Bethel Park

  • 2710 Bethel Ave

  • 1.92 miles

  • Public Charter Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,438. Residents of Indianapolis, IN typically earn less than $35k each year. Most 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 305 Parkway Ave

What is the listing price of this property?

The listing price of 305 Parkway Ave property is $399,000.

What type of property is this?

The property 305 Parkway Ave is a house located in Indianapolis, Indiana, 46225.

Is this property for sale now?

Active Listing: 305 Parkway 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 $7,182 (source: MLS/based on county public records data).

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

The last sale was on June 5, 2019 for $74,300. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 305 Parkway Ave has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 305 Parkway Ave is 2,732 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 305 Parkway Ave is 2015.

Rocket Homes›Indiana›Marion County›Indianapolis›46225›305 Parkway Ave

This home is located at 305 Parkway Ave in Indianapolis, IN and zip code 46225 in the Near Southside neighborhood. This 2,732 square foot home, which was built in 2015, sits on a 0.08 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 20, 2024 and is currently priced at $399,000.

In November 2024, from all listings sold in Indianapolis, IN there were more than 170 sold above asking price, over 429 sold below and more than 231 were sold right at the asked price. The inventory of homes for sale in Indianapolis, IN between October 2024 and November 2024 decreased by 5.8%. 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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