Price Reduction - Fixer Upper
Address
541 E Merrill Street, Indianapolis, IN
Price
$ 309,900
Property Attributes
  • MLS#21963124
  • TypeSingle Family
  • CountyMARION
  • CityIndianapolis
  • AreaCenter
  • NeighborhoodCoffmans
  • Zip46203
  • StyleTraditonalAmerican
  • Year Built1955
  • Taxes$ 3206
  • Price$ 309,900
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage2201
  • Lot Size3,485 SqFt
Data Source:
Metropolitan Indianapolis MLS (MIBOR)
Property Description

Fixer upper with hardwood floors ready for a Buyer to make their own. Property sold as-is. Superb downtown neighborhood with plenty of reinvestment and improvements in surrounding properties. Neighbors have carriage houses above their garages. Very unique/historical basement. Accessed in garage, and basement goes from the garage, under the patio and house, to under the front yard. It was used in the produce business when the house was originally built for the storage of bananas. Detached garage is over-sized with an industrial garage door and a workshop area. HVAC serviced 2 times/year. Basement will be completely cleaned out of all items prior to closing.

Price History
3/26/2024 Listed $325,000
5/14/2024 5% - $309,900

General Features

Interior Features Attic Access,Raised Ceiling(s),Hardwood Floors,Hi-Speed Internet Availbl
Heating Forced Air,Gas
Cooling Central Electric
Possession Closing
Appliances Disposal,Gas Water Heater,Electric Oven,Refrigerator
Garage Spaces 3
Patio/Porch Features Covered Porch,Open Patio
Architectural Style TraditonalAmerican
Construction Materials Aluminum Siding
Year Built 1955
Township Center
Levels One
Property SubType Single Family Residence
Tax Year 2023
County Marion
New Construction No
Property Type Residential
HOA / Comm Assn No
Subdivision Name Coffmans
Facing Direction North
Garage Y/N Yes
Total Rooms 5
Status Active
Directions East Street south of Virginia to Merrill (across from Lilly). East on Merrill to sign on left.
ModificationTimestamp 2024-05-14T13:02:06.416Z
City Indianapolis
Buyer Agent Compensation 3.0
High School District Indianapolis Public Schools
MLS Area 4913 - Marion - Center Se
Lot Size Square Feet 3615
Street Name Merrill
Property Attached Y/N No
Current Financing Conventional,FHA,VA
Days on Market 23
Standard Status Active
Tax Lot 27
Buyer Agent Compensation Type %
Legal Description Coffmans Sub 31Ft E Side L27 Ol101

Interior Features

Basement (Y/N) Yes
Full Baths 1
Street Suffix Street
Total Bedrooms 2
Main Level Bedrooms 2
LivingAreaSource Assessor
Total Baths 1

Exterior Features

Parking Features Alley Access,Detached,Garage Door Opener,Workshop in Garage
Water Source Municipal/City
Foundation Details Concrete Perimeter
Building Area Total 2201
Lot Size Acres 0.08
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 46203

Price
AVG $340K
$310K
Taxes
AVG $4,389
$3,206
Visits
AVG 161
72
Data Provided by Inside Real Estate®
Year Built
AVG 1953
1955

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