Address
4841 E Terrace Avenue, Indianapolis, IN
Price
$ 250,000
Property Attributes
- MLS#21958088
- TypeSingle Family
- CountyMARION
- CityIndianapolis
- AreaCenter SE
- NeighborhoodEmerson Terrace
- Zip46203
- StyleTraditonalAmerican
- Year Built1947
- Taxes$ 1576
- Price$ 250,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage780
- Lot Size0.34 Acres
Data Source:
Metropolitan Indianapolis MLS (MIBOR)
Property Description
Unique opportunity to own 3 contiguous lots for either an owner occupant or investor for income production. The 3 lots have a storage building, 2 bedroom/1 bath residential unit/Apartment and a large 2 bay mechanics garage. The mechanics garage is heated and cooled. There is a bathroom, office and large entry area. Both garage bays have oversized garage doors for servicing larger vehicles. While zoned residentially, the owner successfully worked out of this space for nearly 50 years servicing vehicles. The residential unit has a working kitchen and laundry, large bedroom with door to outside courtyard. There is a large patio connecting the residential unit to the storage building. Storage building currently being leased. Own and occupy all 3 buildings or own and lease all three. The potential for this unique property is vast.
| Price History | |
|---|---|
| 12/30/2023 | Listed $250,000 |
General Features
| Interior Features | Eat-in Kitchen |
|---|---|
| Heating | Forced Air |
| Cooling | Central Electric |
| Possession | Closing |
| Appliances | Electric Cooktop,Refrigerator |
| Exterior Features | Out Building With Utilities,Storage Shed |
| Garage Spaces | 1 |
| Patio/Porch Features | Open Patio |
| Architectural Style | TraditonalAmerican |
| Construction Materials | Wood Siding |
| Year Built | 1947 |
| Township | Center SE |
| Levels | One |
| Property SubType | Single Family Residence |
| Tax Year | 2023 |
| Additional Parcels Description | L43 |
| County | Marion |
| New Construction | No |
| Property Type | Residential |
| HOA / Comm Assn | No |
| Subdivision Name | Emerson Terrace |
| Garage Y/N | Yes |
| Total Rooms | 4 |
| Status | Active |
| Directions | GPS Friendly |
| ModificationTimestamp | 2024-01-06T22:32:07.651Z |
| City | Indianapolis |
| Buyer Agent Compensation | 2.9 |
| View Y/N | No |
| High School District | Indianapolis Public Schools |
| MLS Area | 4913 - Marion - Center Se |
| Lot Size Square Feet | 14976 |
| Waterfront Y/N | No |
| Street Name | Terrace |
| Property Attached Y/N | No |
| Additional Parcels Y/N | Yes |
| Days on Market | 8 |
| Standard Status | Active |
| Tax Lot | L42,L42 |
| Buyer Agent Compensation Type | % |
| Legal Description | Emerson Terrace L41-L42 |
Interior Features
| Basement (Y/N) | No |
|---|---|
| Full Baths | 1 |
| Street Suffix | Avenue |
| Laundry Features | Connections All |
| Total Bedrooms | 2 |
| Main Level Bedrooms | 2 |
| LivingAreaSource | Assessor |
| Total Baths | 1 |
Exterior Features
| Parking Features | Detached,Gravel,Garage Door Opener,Storage |
|---|---|
| Water Source | Municipal/City |
| Foundation Details | Slab |
| Spa | No |
| Building Area Total | 780 |
| Lot Size Acres | 0.34 |
| 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
Taxes
Visits
Year Built
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Last Updated: May 19, 2024 3:59 AM UTC
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Last Updated: May 19, 2024 4:16 AM UTC
IDX information is provided exclusively 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 deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS.
Information last updated on May 19, 2024 3:55 AM UTC
Regional MLS Alliance ®. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Regional MLS Alliance © shall be held responsible for typographical errors, misinformation, misprints and shall be held totally harmless. Last Update: May 19, 2024 3:42 AM UTC
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
