Welcome to this charming 5-bedroom, 3- bathroom bungalow nestled in the heart of downtown Indianapolis, spanning 1,776 square feet. This inviting home boasts an expansive layout featuring both a cozy living room and a warm family room, providing ample space for relaxation and entertaining. With two well-appointed bathrooms convenience is at your fingertips. Previously a profitable Airbnb, this property not only offers a fantastic living experience but also stands out as an attractive investment opportunity. The spacious fenced-in backyard invites outdoor gatherings and play, making it a perfect retreat in the bustling city. Don't miss your chance to own this delightful gem in a vibrant community!
Property Details
Property Features
Property Information:
Architectural Style: Bungalow
Year Built: 1957
Living Area: 1,776 SqFt
Listing Office:
Office Name: Highgarden Real Estate
Office Email: kteltow@highgarden.com
Listing Agent: Kathryn Teltow
Interior Features
Interior Information:
Appliances: Dryer, Electric Oven, Range Hood, Refrigerator, Washer
Basement: No
Interior: Attic Access, Built In Book Shelves, Eat-in Kitchen
Fireplace: Non Functional
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 5
Exterior Features
Exterior Information:
Exterior: Storage Shed
Lot Features
Lot Information:
Lot Size: 0.15 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: $255,000
Price Per SqFt: $144/SqFt
Tax Information:
Annual Amount: $481
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 $6.8K more than the Median Sold Price and $4/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: #21997473
Listing Office:
Office Name: Highgarden Real Estate
Office Email: kteltow@highgarden.com
Listing Agent: Kathryn Teltow
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: 12/21/2024, 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
YEAR
PROP. TAX
ASSESSMENT
2020
$481
$62,800
2019
$610
$62,800
2018
$505
$65,500
2017
$481
$59,700
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.
$1,340
Per Month
Principal & Interest
$1,273
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
$831
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
3
/10
Global Preparatory Academy
2033 Sugar Grove Ave
Distance between this listing and this school1.07 miles
Public Charter Grades KG-6
8
/10
Paramount Cottage Home
1203 E Saint Clair St
Distance between this listing and this school1.81 miles
Public Charter Grades KG-4
4
/10
Theodore Potter Magnet Elementary School 74
1601 E 10th St
Distance between this listing and this school2.05 miles
Public District Grades KG-6
Nearby Schools
5
/10
Center For Inquiry School 2
725 N New Jersey St
Distance between this listing and this school1.14 miles
Public Magnet Grades KG-8
2
/10
Vision Academy
1751 E Riverside Dr
Distance between this listing and this school1.20 miles
Public Charter Grades KG-8
5
/10
George Washington Carver Montessori School 87
2411 Indpls Ave
Distance between this listing and this school1.23 miles
Public Magnet Grades PK-8
Nearby Schools
3
/10
Crispus Attucks High School
1140 Dr Martin Luther King Jr St
Distance between this listing and this school0.05 miles
Public District Grades 9-12
8
/10
Herron High School
110 E 16th St
Distance between this listing and this school0.86 miles
Public Charter Grades 9-12
1
/10
Excel Center for Adult Learners
1635 W Michigan St
Distance between this listing and this school1.32 miles
The neighbors living near this home have an average income of $12,600. Residents of Indianapolis, IN typically earn less than $35k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 544 W 12th St
What is the listing price of this property?
The listing price of 544 W 12th St property is $255,000.
What type of property is this?
The property 544 W 12th St is a house located in Indianapolis, Indiana, 46202.
Is this property for sale now?
Active Listing: 544 W 12th St 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 $481 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 544 W 12th St has 5 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 544 W 12th St is 1,776 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 544 W 12th St is 1957.
This home is located at 544 W 12th St in Indianapolis, IN and zip code 46202 in the Indiana Avenue & Ransom Place neighborhood. This 1,776 square foot home, which was built in 1957, sits on a 0.15 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 21, 2024 and is currently priced at $255,000.
While more than 170 listings in Indianapolis, IN in November 2024 were sold above asking price, there were more than 231 listings sold at asking price, and more than 429 were sold below. Between October 2024 and November 2024, Indianapolis, IN real estate market has seen decrease in the number of listings by 5.8%. Listings spent 36 days on the market in November 2024, and had a median list price of $248,146 during the same period.
From Rocket Homes Real Estate and based on county public records data.