26 days on rocket

4736 Madison Ave, Indianapolis, IN, 46227

$150,000

Home List Price

$1,781*

Closing Credit

2 Bedrooms
1 Full Bath
1,720 SqFt
$87/SqFt
House

Location

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4736 Madison Ave, Indianapolis$150,000

Buyer Closing Credits

$1,781*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1918
HeatingNatural Gas, Other
CoolingWindow Unit(s)
BasementYes
FireplaceLiving Room
MLS #22008661
Lot Size0.42 Acres
StatusActive

About 4736 Madison Ave

This nice 2 Bedroom home is NOT located directly on Madison Ave but is accessible via a road that runs parallel to Madison for easy ingress/egress. This home is situated on almost 1/2 acres, has a 2 car garage and a 2 car carport. There is an enclosed porch which measure 24x8 and is a perfect place to relax after a long day. The basement appears to have had a perimeter drain installed but as this is an estate, it has not been verified. The dining room sf does not appear to be included in the assessor's records. There is a gas space heater in the living room which is believed to be functional. The owner was in the process of having a new gas furnace installed in the basement. The furnace itself is in place with some duct work completed. The materials needed to complete the installation appear to be in the basement and will be left with the home.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1918
  • Living Area: 1,720 SqFt

Listing Office:

  • Office Name: Indiana Real Estate Group, LLC
  • Office Email: philhawkinsoffice@gmail.com
  • Listing Agent: Phillip Hawkins

Interior Features

Interior Information:

  • Appliances: Gas Oven
  • Basement: Yes
  • Interior: Attic Pull Down Stairs, Paddle Fan, Hardwood Floors, Hi-Speed Internet Availbl
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Barn Storage

Lot Features

Lot Information:

  • Lot Size: 0.42 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Other
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $150,000
  • Price Per SqFt: $87/SqFt

Tax Information:

  • Annual Amount: $765
  • 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

4736 Madison Ave vs Indianapolis

26 DAYS ON ROCKET

-5 Days

$150,000

-$95.5K Less

$87/SqFt

-$52 Less

KEY TAKEAWAY

This property is $95.5K less than the Median Sold Price and $52/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: #22008661

Listing Office:

  • Office Name: Indiana Real Estate Group, LLC
  • Office Email: philhawkinsoffice@gmail.com
  • Listing Agent: Phillip Hawkins

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: 11/21/2024, 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$765$103,200
2019$747$88,700
2018$727$82,600
2017$696$81,800

History based on county public records data.

Payment Calculator

$816

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$516

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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-280181
3
/10
  • Raymond F. Brandes Elementary School 65

  • 4065 Asbury St

  • 0.91 miles

  • Public District Grades PK-6

school-card-donut-280182
7
/10
  • William Henry Burkhart Elementary School

  • 5701 Brill Rd

  • 1.10 miles

  • Public District Grades 1-5

school-card-donut-280183
6
/10
  • Southport 6th Grade Academy

  • 5715 S Keystone Ave

  • 1.37 miles

  • Public District Grades 6-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,911. Typical income of Indianapolis, IN residents is less than $35k annually. The majority of families are 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 4736 Madison Ave

What is the listing price of this property?

The listing price of 4736 Madison Ave property is $150,000.

What type of property is this?

The property 4736 Madison Ave is a house located in Indianapolis, Indiana, 46227.

Is this property for sale now?

Active Listing: 4736 Madison 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 $765 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 4736 Madison Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 4736 Madison Ave is 1,720 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4736 Madison Ave is 1918.

Rocket HomesIndianaMarion CountyIndianapolis462274736 Madison Ave

This home is located at 4736 Madison Ave in Indianapolis, IN and zip code 46227 in the Edgewood neighborhood. This 1,720 square foot home, which was built in 1918, sits on a 0.42 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $150,000.

Indianapolis, IN housing market in October 2024 saw over 170 listings sold above listed price, more than 256 sold at listed price and over 519 sold below. The inventory of homes for sale in Indianapolis, IN between September 2024 and October 2024 increased by 3.7%. While the average time on the market in October 2024 was 31 days, the median list price was $245,515.

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

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