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3142 Central Ave, Indianapolis, IN, 46205

$70,000

0.12 Acres
Land

Location

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Property Highlights

Home TypeResidential Lot
MLS #22005576
Lot Size0.12 Acres
StatusActive

About 3142 Central Ave

Very good location for building housing. This lots is being offered by the local community development corporation (MFCDC). The lots are currently property tax exempt. Full city utilities are immediately available. On this street the CDC has developed several residences and has several major buildings in development. Previously, this lot had a home on it, but the land has been vacant for over a decade. The CDC has a strong preference in selling to a buyer who will develop the lots in a short period of time consistent with the current residential zoning. The CDC is not looking to create a partnership with a buyer/builder, but is willing to be supportive for the right offer.

Property Details

Property Features

Listing Office:

  • Office Name: F.C. Tucker Company
  • Office Email: ebaiz@talktotucker.com
  • Listing Agent: Eric Baiz

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Other

Directions Information:

  • Directions: From 38th and Central, go south to property at 3142 on west side of street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $70,000

Tax Information:

  • Annual Amount: $103
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$248.1K

Med. Price/SqFt

$140

Avg. Days On Market

36

# of Sold Homes

830

3142 Central Ave vs Indianapolis

55 DAYS ON ROCKET

+19 Days

$70,000

-$178.1K Less

KEY TAKEAWAY

This property is $178.1K 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: #22005576

Listing Office:

  • Office Name: F.C. Tucker Company
  • Office Email: ebaiz@talktotucker.com
  • Listing Agent: Eric Baiz

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

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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: 12/3/2024, 11:16:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$103$3,400
2019$105$3,400
2018$94$3,400
2017$89$3,400

History based on county public records data.

Payment Calculator

$417

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$276

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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-3474631
4
/10
  • Louis B Russell Jr School 48

  • 3445 Central Ave

  • 0.42 miles

  • Public Charter Grades KG-6

school-card-donut-3474632
3
/10
  • Kipp Indy Unite Elementary School

  • 1740 E 30th St

  • 1.11 miles

  • Public Charter Grades KG-5

school-card-donut-3474633
1
/10
  • Tindley Genesis Academy

  • 4020 Meadows Pkwy

  • 2.17 miles

  • Public Charter Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,926. Residents of Indianapolis, IN typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3142 Central Ave

What is the listing price of this property?

The listing price of 3142 Central Ave property is $70,000.

What type of property is this?

The property 3142 Central Ave is land located in Indianapolis, Indiana, 46205.

Is this property for sale now?

Active Listing: 3142 Central 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 $103 (source: MLS/based on county public records data).

How much acreage is this property?

The property 3142 Central Ave is 0.12 acres.
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Rocket HomesIndianaMarion CountyIndianapolis462053142 Central Ave

This home is located at 3142 Central Ave in Indianapolis, IN and zip code 46205 in the Central Ave neighborhood. This home sits on a 0.12 acre lot. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $70,000.

While more than 170 listings in Indianapolis, IN in November 2024 were sold above asking price, there were more than 231 listings sold at asking price, and more than 429 were sold below. The inventory of homes for sale in Indianapolis, IN between October 2024 and November 2024 decreased by 5.8%. In November 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $248,146.

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

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