2 months on rocket

701 Cottage Ave, Indianapolis, IN, 46203

$439,900

Home List Price

$5,224*

Closing Credit

0 Baths
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

701 Cottage Ave, Indianapolis$439,900

Buyer Closing Credits

$5,224*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
Year Built1908
BasementYes
MLS #22000545
Lot Size0.08 Acres
StatusActive

About 701 Cottage Ave

Welcome to this beautifully renovated 3-bedroom, 2-bathroom duplex located in the vibrant and sought-after Bates-Hendricks neighborhood, just minutes from downtown Indianapolis and the popular Fountain Square district. This charming property offers a fantastic opportunity for homeowners and investors alike, with endless potential as a primary residence, Airbnb, mid-term rental, or short-term rental. Whether you're looking to settle in or generate rental income, this home is move-in ready and versatile. The spacious layout features modern updates throughout while maintaining the character and charm that make homes in Bates-Hendricks so desirable. The updated kitchen boasts shaker cabinetry, butcher block countertops, and stainless steel appliances, making meal preparation a breeze. Each of the three generously sized bedrooms offers comfort and privacy, with ample closet space. Whether you need a peaceful retreat after a long day or a fresh, clean space for guests, this home has it all. Outside, you'll find a low-maintenance yard, perfect for enjoying your morning coffee or evening gatherings. The property is currently unoccupied, making it a seamless transition for new owners or renters. Its prime location offers easy access to the best that Indianapolis has to offer, from the arts and dining of Fountain Square to the cultural and business centers of downtown. This property is a must-see for anyone looking to invest in one of Indianapolis's hottest neighborhoods. With its turnkey condition and prime location, it's a perfect choice for those looking to capitalize on the growing demand for Airbnb, short-term, or mid-term rentals. Don't miss this opportunity to own a piece of Bates-Hendricks-schedule your showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1908

Listing Office:

  • Office Name: La Terre Boutique
  • Office Email: cjenkinsmu@gmail.com
  • Listing Agent: Christopher Jenkins

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $439,900

Tax Information:

  • Annual Amount: $3,355
  • Tax Year: 2020
House and calculator

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.

Med. Sold Price

$245.5K

Med. Price/SqFt

$139

Avg. Days On Market

31

# of Sold Homes

946

701 Cottage Ave vs Indianapolis

69 DAYS ON ROCKET

+38 Days

$439,900

+$194.3K More

KEY TAKEAWAY

This property is $194.3K more than the Median Sold Price in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #22000545

Listing Office:

  • Office Name: La Terre Boutique
  • Office Email: cjenkinsmu@gmail.com
  • Listing Agent: Christopher Jenkins

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.

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: 11/17/2024, 9:16:47 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$3,355$151,500
2019$3,149$142,100
2018$2,585$126,900
2017$2,301$115,900

History based on county public records data.

Payment Calculator

$2,263

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,385

Powered By

Rocket Mortgage

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.

Nearby Schools

school-card-donut-588691
3
/10
  • Eleanor Skillen Elementary School 34

  • 1410 Wade St

  • 1.02 miles

  • Public District Grades PK-6

school-card-donut-588692
6
/10
  • William McKinley Elementary School 39

  • 1733 Spann Ave

  • 1.22 miles

  • Public District Grades PK-6

school-card-donut-588693
3
/10
  • Piloted Schools Bethel Park

  • 2710 Bethel Ave

  • 1.62 miles

  • Public Charter Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,043. The majority of Indianapolis, IN residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesIndianaMarion CountyIndianapolis46203701 Cottage Ave

This home is located at 701 Cottage Ave in Indianapolis, IN and zip code 46203 in the Near Southside neighborhood. This home, which was built in 1908, sits on a 0.08 acre lot. It has been listed on Rocket Homes since September 09, 2024 and is currently priced at $439,900.

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. In October 2024 in Indianapolis, IN there were 3.7% more homes for sale than in September 2024. 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.

More Resources