This is the perfect investment opportunity for you! This fully updated home, currently configured as a duplex, is a rare find on a quiet dead-end street with minimal road noise. The upstairs unit features 2 spacious bedrooms, 1 modern bathroom, and an open-concept living area with updated finishes throughout. The finished basement apartment offers 1 bedroom, 1 bathroom, a cozy living space, and its own private entrance, providing flexibility for tenants or guests. Both units are successfully operating as mid-term rentals and come fully furnished with everything needed to continue generating consistent cash flow immediately. The property's layout allows for an easy conversion back into a single-family home, making it an excellent option for investors or homeowners seeking long-term versatility. Close to everything Indy has to offer, this property combines charm, modern upgrades, and incredible income potential. Schedule your showing today to see all the possibilities this property has to offer!
Property Details
Property Features
Property Information:
Architectural Style: TraditonalAmerican
Year Built: 1950
Living Area: 1,768 SqFt
Listing Office:
Office Name: Ferris Property Group
Office Email: kiki@ferrispropertygroup.com
Listing Agent: Kierstyn Wood
Interior Features
Interior Information:
Appliances: Dishwasher, Electric Oven, Refrigerator
Basement: Yes
Interior: Windows Vinyl
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 3
Lot Features
Lot Information:
Lot Size: 0.13 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Central Air
Other
Directions Information:
Directions: GPS Friendly
Price Information
Listing Price Info
Price Summary:
List Price: $299,900
Price Per SqFt: $170/SqFt
Tax Information:
Annual Amount: $523
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.
This property is $51.7K more than the Median Sold Price and $30/SqFt more than other homes in Indianapolis, IN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MIBOR
MLS Number: #22012485
Listing Office:
Office Name: Ferris Property Group
Office Email: kiki@ferrispropertygroup.com
Listing Agent: Kierstyn Wood
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.
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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to helpdesk@miborsupport.com and DMCAnotice@MLSGrid.com.
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: 12/22/2024, 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
Listing History
DATE
EVENT
PRICE
Jul 16, 2020
Jul 16, 2020Home Sold
$195,000
Sep 19, 2019
Sep 19, 2019Home Sold
$90,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$523
$117,900
2019
$575
$112,200
2018
$564
$109,100
2017
$553
$105,400
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,564
Per Month
Principal & Interest
$1,497
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
$966
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Ace Preparatory Academy
5326 Hillside Ave
Distance between this listing and this school0.31 miles
Public Charter Grades KG-5
1
/10
Tindley Genesis Academy
4020 Meadows Pkwy
Distance between this listing and this school1.14 miles
Public Charter Grades KG-6
3
/10
Avondale Meadows Academy
3980 Meadows Dr
Distance between this listing and this school1.30 miles
Public Charter Grades KG-5
Nearby Schools
5
/10
Rousseau McClellan Montessori School 91
5111 Evanston Ave
Distance between this listing and this school0.08 miles
Public Magnet Grades PK-8
3
/10
IPS Butler University Laboratory School 55
1349 E 54th St
Distance between this listing and this school0.67 miles
Public District Grades PK-8
8
/10
Merle Sidener Gifted Academy
2424 Kessler Boulevard East Dr
Distance between this listing and this school1.20 miles
Public District Grades 2-8
Nearby Schools
4
/10
Charles a Tindley Accelerated School
3960 Meadows Dr
Distance between this listing and this school1.23 miles
Public Charter Grades 7-12
3
/10
Purdue Polytechnic High School North
1405 Broad Ripple Ave
Distance between this listing and this school1.67 miles
Public Charter Grades 9-11
3
/10
Shortridge High School
3401 N Meridian St
Distance between this listing and this school2.49 miles
The neighbors living near this home have an average income of $47,371. The most common annual income of people living in Indianapolis, IN is between $35k-100k. 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 5114 Hillside Ave
What is the listing price of this property?
The listing price of 5114 Hillside Ave property is $299,900.
What type of property is this?
The property 5114 Hillside Ave is a house located in Indianapolis, Indiana, 46205.
Is this property for sale now?
Active Listing: 5114 Hillside 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 $523 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 16, 2020 for $195,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 5114 Hillside Ave has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 5114 Hillside Ave is 1,768 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5114 Hillside Ave is 1950.
This home is located at 5114 Hillside Ave in Indianapolis, IN and zip code 46205 in the Fairgrounds neighborhood. This 1,768 square foot home, which was built in 1950, sits on a 0.13 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $299,900.
In November 2024, from all listings sold in Indianapolis, IN there were more than 170 sold above asking price, over 429 sold below and more than 231 were sold right at the asked price. Between October 2024 and November 2024, Indianapolis, IN real estate market has seen decrease in the number of listings by 5.8%. While the average time on the market in November 2024 was 36 days, the median list price was $248,146.
From Rocket Homes Real Estate and based on county public records data.