7 months on rocket

8516 S Arlington Ave, Indianapolis, IN, 46237

$490,000

Home List Price

$5,819*

Closing Credit

3 Bedrooms
2 Full Baths
2,755 SqFt
$178/SqFt
House

Location

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8516 S Arlington Ave, Indianapolis$490,000

Buyer Closing Credits

$5,819*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1900
HeatingElectric, Forced Air, Heat Pump, Wood Stove
CoolingCentral Air
BasementYes
FireplaceDining Room, Family Room, Insert, Woodburning Fireplce
MLS #21979358
Lot Size2.00 Acres
StatusActive

About 8516 S Arlington Ave

Property is zoned residential, but Seller believes it has the potential to be rezoned commercial. 2 Acres in Franklin Township! Right off the interstate, so it's located minutes from downtown Indy and minutes from downtown Greenwood and just minutes from the mall and restaurants. Roof is only one year old! This delightful 3-bedroom, 2-bath home exudes charm and comfort. The spacious living room seamlessly flows into the formal dining room, complete with a cozy fireplace. The kitchen opens to a large family room, also featuring a fireplace, perfect for gatherings and relaxation. Upstairs, the finished attic space offers two additional bedrooms, a full bath, a bonus room, and a convenient laundry room. The loft area has been thoughtfully converted into an extra bedroom, adding to the home's versatility. Step outside to enjoy the expansive enclosed glass patio, ideal for year-round enjoyment. Take a leisurely stroll around the picturesque 2-acre property, adorned with mature trees that provide a serene and private atmosphere. The property also includes a very large detached garage with fantastic electric heater, offering ample storage and workspace, along with abundant parking space for multiple vehicles.

Property Details

Property Features

Property Information:

  • Architectural Style: TraditonalAmerican
  • Year Built: 1900
  • Living Area: 2,755 SqFt

Listing Office:

  • Office Name: United Real Estate Indpls
  • Office Email: realtortodd@live.com
  • Listing Agent: Todd Campbell

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater, Microwave Hood, Electric Oven, Refrigerator
  • Basement: Yes
  • Interior: Attic Access, Raised Ceiling(s), Entrance Foyer, Windows Thermal, Wood Work Painted
  • Fireplace: Dining Room, Family Room, Insert, Woodburning Fireplce

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot Size: 2.00 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air, Heat Pump, Wood Stove
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $490,000
  • Price Per SqFt: $178/SqFt
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Housing Market Comparison

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

Med. Sold Price

$248.1K

Med. Price/SqFt

$140

Avg. Days On Market

36

# of Sold Homes

830

8516 S Arlington Ave vs Indianapolis

218 DAYS ON ROCKET

+182 Days

$490,000

+$241.8K More

$178/SqFt

+$38 More

KEY TAKEAWAY

This property is $241.8K more than the Median Sold Price and $38/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: #21979358

Listing Office:

  • Office Name: United Real Estate Indpls
  • Office Email: realtortodd@live.com
  • Listing Agent: Todd Campbell

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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Last updated on: 12/18/2024, 8:16:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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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-95147
5
/10
  • Mary Bryan Elementary School

  • 4355 E Stop 11 Rd

  • 1.48 miles

  • Public District Grades 1-5

school-card-donut-95148
7
/10
  • Mary Adams Elementary School

  • 7341 E Stop 11 Rd

  • 1.65 miles

  • Public District Grades KG-3

school-card-donut-95149
4
/10
  • Bunker Hill Elementary School

  • 6620 Shelbyville Rd

  • 1.87 miles

  • Public District Grades KG-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,216. The majority of Indianapolis, IN residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8516 S Arlington Ave

What is the listing price of this property?

The listing price of 8516 S Arlington Ave property is $490,000.

What type of property is this?

The property 8516 S Arlington Ave is a house located in Indianapolis, Indiana, 46237.

Is this property for sale now?

Active Listing: 8516 S Arlington Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 8516 S Arlington Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8516 S Arlington Ave is 2,755 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8516 S Arlington Ave is 1900.

Rocket HomesIndianaMarion CountyIndianapolis462378516 S Arlington Ave

This home is located at 8516 S Arlington Ave in Indianapolis, IN and zip code 46237 in the South Franklin neighborhood. This 2,755 square foot home, which was built in 1900, sits on a 2.00 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $490,000.

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. The inventory of homes for sale in Indianapolis, IN between October 2024 and November 2024 decreased 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.

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