.57 acres of commercial land available on Indianapolis' southside, situated in a high foot traffic area, just minutes from the University of Indianapolis and Greenwood Mall. Zoned C3, lot graded and utilities on site.
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Real Estate Group
Office Phone: (317) 448-8852
Listing Agent: Jacob Wagner
Lot Features
Lot Information:
Lot Size: 0.57 Acres
School Info
Assigned Schools Information:
Southport High School, Public District Grades 9-12
Southport Middle School, Public District Grades 7-8
Homecroft Elementary School, Public District Grades KG-5
Jeremiah Gray-Edison Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: From Lawrence Ave, right on Madison Ave, half a mile on the left
Price Information
Listing Price Info
Price Summary:
List Price: $325,000
Tax Information:
Annual Amount: $4,129
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Indianapolis, IN.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,690
Per Month
Principal & Interest
$1,623
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,041
Powered By
Advertisement
NMLS#3030
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
6
/10
Homecroft Elementary School
1551 Southview Dr
Distance between this listing and this school1.97 miles
Public District Grades KG-5
6
/10
Jeremiah Gray-Edison Elementary School
5225 Gray Rd
Distance between this listing and this school2.29 miles
Public District Grades PK-5
Middle School
5
/10
Southport Middle School
5715 S Keystone Ave
Distance between this listing and this school1.16 miles
Public District Grades 7-8
High School
5
/10
Southport High School
971 E Banta Rd
Distance between this listing and this school1.70 miles
Public District Grades 9-12
Assigned Schools
6
/10
Homecroft Elementary School
1551 Southview Dr
Distance between this listing and this school1.97 miles
Public District Grades KG-5
6
/10
Jeremiah Gray-Edison Elementary School
5225 Gray Rd
Distance between this listing and this school2.29 miles
Public District Grades PK-5
Nearby Schools
3
/10
Raymond F Brandes School 65
4065 Asbury St
Distance between this listing and this school0.92 miles
Public District Grades PK-6
Assigned Schools
5
/10
Southport Middle School
5715 S Keystone Ave
Distance between this listing and this school1.16 miles
Public District Grades 7-8
Nearby Schools
7
/10
Southport 6th Grade Academy
5715 S Keystone Ave
Distance between this listing and this school1.16 miles
Public District Grades 6-6
1
/10
Emma Donnan Middle School
1202 E Troy Ave
Distance between this listing and this school1.99 miles
Public District Grades 7-8
Assigned Schools
5
/10
Southport High School
971 E Banta Rd
Distance between this listing and this school1.70 miles
Public District Grades 9-12
Nearby Schools
3
/10
Rise Learning Center
5391 Shelby St
Distance between this listing and this school0.43 miles
Public District Grades KG-12
4
/10
Christel House Academy South
2717 S East St
Distance between this listing and this school2.25 miles
The neighbors living near this home have an average income of $42,071. Most Indianapolis, IN residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4813 Madison Ave
What is the listing price of this property?
The listing price of 4813 Madison Ave property is $325,000.
What type of property is this?
The property 4813 Madison Ave is land located in Indianapolis, Indiana, 46227.
Is this property for sale now?
Active Listing: 4813 Madison Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 4813 Madison Ave are: Homecroft Elementary School: GreatSchools Rating 6/10Jeremiah Gray-Edison Elementary School: GreatSchools Rating 6/10Southport Middle School: GreatSchools Rating 5/10Southport High School: GreatSchools Rating 5/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $4,129 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 4813 Madison Ave in Indianapolis, IN and zip code 46227 in the Edgewood neighborhood. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $325,000.
While more than 196 listings in Indianapolis, IN in September 2024 were sold above asking price, there were more than 277 listings sold at asking price, and more than 490 were sold below. The number of homes for sale in Indianapolis, IN decreased by 0.4% between August 2024 and September 2024. The median list price of listings available in September 2024 was $245,027, while the average time on the real estate market was 25 days.
From Rocket Homes Real Estate and based on county public records data.