8 months on rocket

3237 Central Ave, Indianapolis, IN, 46205

$295,000

Home List Price

$3,503*

Closing Credit

0 Baths
Multi

Location

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3237 Central Ave, Indianapolis$295,000

Buyer Closing Credits

$3,503*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1910
BasementYes
MLS #21975453
Lot Size0.15 Acres
StatusActive

About 3237 Central Ave

This is an amazing opportunity for someone with vision. There are currently 6 total units. It's zoned and as 4 unit row house. The 4 units on the 2nd and 3rd level could be renovated into two amazing single unit suites. The two units on the lower level need work. It is unoccupied so you can begin your renovation immediately.

Property Details

Property Features

Property Information:

  • Year Built: 1910

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Email: rod.r.forrest@gmail.com
  • Listing Agent: Rodney Forrest

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $295,000

Tax Information:

  • Annual Amount: $2,243
  • 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

3237 Central Ave vs Indianapolis

242 DAYS ON ROCKET

+206 Days

$295,000

+$46.8K More

KEY TAKEAWAY

This property is $46.8K more 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: #21975453

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Email: rod.r.forrest@gmail.com
  • Listing Agent: Rodney Forrest

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: 12/21/2024, 10:46:49 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$2,243$97,000
2019$2,738$95,000
2018$2,283$109,000
2017$2,172$101,000

History based on county public records data.

Payment Calculator

$1,540

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$951

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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-857154
4
/10
  • Louis B Russell Jr School 48

  • 3445 Central Ave

  • 0.29 miles

  • Public Charter Grades KG-6

school-card-donut-857155
3
/10
  • Kipp Indy Unite Elementary School

  • 1740 E 30th St

  • 1.10 miles

  • Public Charter Grades KG-5

school-card-donut-857156
1
/10
  • Tindley Genesis Academy

  • 4020 Meadows Pkwy

  • 2.08 miles

  • Public Charter Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,607. 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 high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesIndianaMarion CountyIndianapolis462053237 Central Ave

This home is located at 3237 Central Ave in Indianapolis, IN and zip code 46205 in the Forest Park neighborhood. This home, which was built in 1910, sits on a 0.15 acre lot. It has been listed on Rocket Homes since April 23, 2024 and is currently priced at $295,000.

In November 2024 more than 170 listings in Indianapolis, IN were sold above the asking price. During the same period more than 231 listings were sold at asking price, while more than 429 were sold below. In November 2024 in Indianapolis, IN there were 5.8% less homes for sale than in October 2024. 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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