1357 W Stop 11 Road Indianapolis, IN ^$ 390,000

1357 W Stop 11 Road

^$ 390,000

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1357 W Stop 11 Road

Indianapolis, IN, 46217

^$ 390,000

Studio Baths0.0

Monthly Estimate*

^$ 2,724

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Studio

Multi-Family Home for sale in Indianapolis, IN

for $390,000. This home was built in 1930 on a lot size of 2.74.

Unit A has updated plumbing, electrical ad lighting. Units B and D have been fully updated. Common laundry area. The attached garage could be converted to a 6th unit. Unit B lease is up in July all other units are leased through Jan 2025. Income Producing Opportunity brining in $3900 a month in rent! Updated furnace and water heater.

Multi-Family Active

Price

^$ 390,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 4,984

Style

Lot Size

2.74

Year Built

1930

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21964247

Features

General

Cooling Central Electric

Possession Subject To Tenants Rights

Garage Spaces 3

Year Built 1930

Township Perry

Levels Two

Property SubType Fourplex

Tax Year 2022

Current Use Residential

County Marion

New Construction N

Property Type Residential Income

Subdivision Name No Subdivision

Status Active

Directions GPS Friendly

City Indianapolis

Buyer Agent Compensation 2.5

High School District Perry Township Schools

Total Units 4

MLS Area 4907 - Marion - Perry

Lot Size Square Feet 119354

Street Name Stop 11

Virtual Tour https://www.tourfactory.com/idxr3141304 https://www.tourfactory.com/3141304

Days on Market 58

Standard Status Active

Tax Lot 119 354

Buyer Agent Compensation Type %

Legal Description Pt Ne1/4 S22 T14 R3 Beg 1121Ft E Of Nw Cor S300ft W 110Ft S 471.43Ft E 180Ft N 321.43Ft E30ftn 150Ft W 30Ft N 300Ft W 100Ft T

Exterior

Parking Features Attached

Lot Size Acres 2.74

Interior

Basement (Y/N) N

Street Suffix Road

Laundry Features Common Laundry

* Excluded Features

List By

Mark Dietel Realty, Llc

Broker

offers@markdietel.com

Affordability Calculator

$3,140

Per Month

Monthly Principal & Interest: $2,724
Monthly Property Taxes: $415
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Indianapolis, IN

Average List Price ^$280,303

Percent of Sale Price 28%

About Indianapolis, IN

843,184 Population

8% Since 2002

^$43,160 Median Income

35.24 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4044910 Elementary School

4044906 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/23/2024	$390,000	-2.50%	Price Down
2/16/2024	$400,000		Listed Price

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1357 W Stop 11 Road, Indianapolis, IN, 46217 is a Multi-Family Home for sale at $390,000 with a lot size of 2.74. 1357 W Stop 11 Road is a studio with 0.0 baths and was built in 1930. The property's zip code is 46217 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Property information provided courtesy of the Internet Exchange Program of the Metropolitan Indianapolis Board of REALTORS® Broker Listing Cooperative® listing service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/28/2024.

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1357 W Stop 11 Road

Multi-Family Home for sale in Indianapolis, IN

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