3 months on rocket

506 Downing Dr, Greenwood, IN, 46143

$349,000

Home List Price

$4,144*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
3,222 SqFt
$108/SqFt
House

Location

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506 Downing Dr, Greenwood$349,000

Buyer Closing Credits

$4,144*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1997
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
FireplaceGas Log, Living Room
MLS #21993354
Lot Size0.23 Acres
StatusActive

About 506 Downing Dr

Fantastic Opportunity! This newly remodeled home is spacious and offers over 3,200 sq. ft. of living space with 4 bedrooms, 3 baths, and a huge finished basement. The open-concept living and dining room, featuring a cozy gas fireplace, is perfect for entertaining. The main level includes a versatile in-law suite or second master bedroom with a full bath. Upstairs, you'll find a large master suite with a walk-in closet, two additional bedrooms, a loft, a full bath, and a bonus room. Located in the desirable Greenwood School District, this home has it all!

Property Details

Property Features

Property Information:

  • Architectural Style: TraditonalAmerican
  • Year Built: 1997
  • Living Area: 3,222 SqFt

Listing Office:

  • Office Name: Your Home Team
  • Office Email: corina@yourhometeam4life.com
  • Listing Agent: Corina Jones

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Electric Oven
  • Basement: Yes
  • Interior: Attic Access, Walk-in Closet(s), Screens Complete, Windows Vinyl, Paddle Fan, In-Law Arrangement, Pantry
  • Fireplace: Gas Log, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From US-31 take Smith Valley to Averitt Road and turn left. Turn left into Clearbrook Lakes onto Downing Drive - home is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $349,000
  • Price Per SqFt: $108/SqFt

HOA Fees:

  • Amount: $125
  • Frequency: Annually

Tax Information:

  • Annual Amount: $3,555
  • Tax Year: 2020
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Housing Market Comparison

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

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Greenwood, IN

City

Med. Sold Price

$314.9K

Med. Price/SqFt

$155

Avg. Days On Market

30

# of Sold Homes

123

506 Downing Dr vs Greenwood

99 DAYS ON ROCKET

+69 Days

$349,000

+$34K More

$108/SqFt

-$47 Less

KEY TAKEAWAY

This property is $34K more than the Median Sold Price and $47/SqFt less than other homes in Greenwood, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21993354

Listing Office:

  • Office Name: Your Home Team
  • Office Email: corina@yourhometeam4life.com
  • Listing Agent: Corina Jones

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: 11/21/2024, 7:16:48 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$3,555$189,000
2019$1,669$185,300
2018$1,531$179,900
2017$1,536$167,900

History based on county public records data.

Payment Calculator

$1,819

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,113

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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-399369
8
/10

  • Southwest Elementary School

  • 619 W Smith Valley Rd

  • 0.55 miles

  • Public District Grades KG-5

school-card-donut-399370
6
/10

  • Westwood Elementary School

  • 899 S Honey Creek Rd

  • 0.99 miles

  • Public District Grades PK-5

school-card-donut-399371
5
/10

  • V O Isom Central Elementary School

  • 50 E Broadway St

  • 1.40 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,885. Most Greenwood, IN residents have annual incomes between $35k-100k. The most common type of family is married, with 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

Living In Greenwood, IN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Greenwood, IN.

Greenwood, Indiana, offers a diverse housing market with a mix of architectural styles that cater to a range of preferences. The housing landscape is predominantly composed of single-family homes, which make up a significant portion of the market. These homes feature a blend of modern, traditional, and craftsman designs, reflecting the area's varied architectural heritage. The market also includes a selection of apartments and townhouses, providing options for those seeking different living arrangements. The majority of the housing stock was developed in recent decades, indicating a period of growth and expansion for the community.

What is it like to live in Greenwood, IN?

Greenwood is celebrated for its welcoming atmosphere and family-friendly environment. The community prides itself on a blend of suburban charm and accessible amenities that contribute to its unique character. Local events and festivals throughout the year showcase the cultural identity and collective values of the residents, fostering a sense of togetherness and community pride.

Is it easy to get around Greenwood, IN without a car?

The community benefits from a solid educational system, with several public schools at the elementary, middle, and high school levels, as well as private institutions that offer a range of educational opportunities. Healthcare facilities in Greenwood provide residents with essential services, including urgent care, primary care, and specialized medical services. The public library network serves as a valuable resource for education and community engagement. Retail and dining experiences in Greenwood reflect the local culture, with a variety of shops and restaurants that cater to the tastes and needs of the community.

Transportation in Greenwood, IN.

Greenwood's transport infrastructure supports both private and public transit options, with a network of roads and highways that facilitate commuting and travel within the area. Public transportation services are available, providing residents with alternatives to private vehicle use. The community features areas with varying degrees of walkability and bikeability, with certain neighborhoods being particularly pedestrian-friendly. Ongoing initiatives aim to enhance transport efficiency and accessibility, improving the overall mobility for residents and visitors alike.

Frequently Asked Questions About 506 Downing Dr

What is the listing price of this property?

The listing price of 506 Downing Dr property is $349,000.

What type of property is this?

The property 506 Downing Dr is a house located in Greenwood, Indiana, 46143.

Is this property for sale now?

Active Listing: 506 Downing Dr 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 $3,555 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 506 Downing Dr has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 506 Downing Dr is 3,222 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 506 Downing Dr is 1997.

Rocket Homes›Indiana›Johnson County›Greenwood›46143›506 Downing Dr

This home is located at 506 Downing Dr in Greenwood, IN and zip code 46143. This 3,222 square foot home, which was built in 1997, sits on a 0.23 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $349,000.

In October 2024 more than 15 listings in Greenwood, IN were sold above the asking price. During the same period more than 28 listings were sold at asking price, while more than 78 were sold below. The number of listings in Greenwood, IN increased by 4.2% between September 2024 and October 2024. In October 2024 median list price was $314,961 and the average listing age was 30 days.

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

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