5661 Madison Avenue

Indianapolis, IN 46227

$342,000
Price
Beds
3,550 Sq. Ft.
$96 / Sq. Ft.
3,550
Sq. Ft.
$96
per Sq. Ft.

Description

Lower interest financing option available! Take a step inside this beautifully upgraded home and fall in love with the charm of a modern farmhouse. Recently updated, this 3 bedroom, 2 bath brick home has tons of natural light and character at every turn. The large living room features a fireplace with custom inlays. The upgraded kitchen with subway tile backsplash, open shelving and unique butcher block counter tops is a show stopper. The 2 upstairs bedrooms feature hardwood floors and spacious layouts....Lower interest financing option available! Take a step inside this beautifully upgraded home and fall in love with the charm of a modern farmhouse. Recently updated, this 3 bedroom, 2 bath brick home has tons of natural light and character at every turn. The large living room features a fireplace with custom inlays. The upgraded kitchen with subway tile backsplash, open shelving and unique butcher block counter tops is a show stopper. The 2 upstairs bedrooms feature hardwood floors and spacious layouts. The basement flex space offers adaptable rooms and extra storage. You can enjoy one of three outside spaces that is perfect for both entertaining and every day living. The garage has been converted with heat and window AC perfect to utilize the commercial zoning with residential variance. The character in this home is like no other. This single family home is just minutes from desirable shopping, parks and local schools. See this home today!
  1. Listed by Brooke Arnold • BluPrint Real Estate Group • therealtorlife.indy@gmail.com

Property Details for 5661 Madison Avenue

Township
Perry
Zoning
C-3

Location

Listing Courtesy of BluPrint Real Estate Group
Add your commute
LISTING UPDATED: 04/26/2024 09:43 AM

Property Details for 5661 Madison Avenue

StatusActive
MLS #21973797
Days on Market15
Taxes$2,041 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1928
Lot Size0.57 AC / 24,829 SF
CountyMarion County

Location

Listing Courtesy of BluPrint Real Estate Group
Add your commute

Building Information for 5661 Madison Avenue

Stories-Residences-Year Built1928Lot Size0.57 AC / 24,829 SF

Payment Calculator

$2,207 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,866

Property Taxes

$340

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5661 Madison Avenue

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46227
  • Postal Code Plus4: 4670
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491506113002000500
  • Semi Annual Property Tax Amt: 2041
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2023
  • TaxLot: /49-15-06-113-002.000-500
School Information
  • School District: Perry Township Schools
Parking
  • Garage Spaces: 2.0
Property
Lot Information
  • Acreage: 1/2-1 Acre
  • Current Use: Office, Residential
  • Lot Size Square Feet: 25003.0
  • Lot Size Acres: 0.57
  • New Construction: False
  • Space Available: 3550
  • Sq Ft Total: 3550.0
  • Year Renovated: 2021
  • Year Built Numeric: 1928
Property and Assessments
  • Affected by Disclosures: No
  • Legal Subdivision: Madison Hts L4
  • Photos Count: 52
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Utilities: Cable Connected, Electricity Connected, Gas, Septic System, Water Connected
Interior and Exterior Features
Interior Features
  • Basement YN: Yes
  • Cooling: Central Electric
  • Levels: One and One Half

Property History for 5661 Madison Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5661 Madison Avenue

Taxable ValueLand$15,600Additions$278,800Total$294,400
Tax Record2022$4,081 ($340 / month)
Home Facts
Beds6Total Finished SqFt2,614 SqFtAbove Grade Finished SqFt2,614 SqFtStories2Lot Size25,003 SqFtStyleSingle Family ResidenceYear Built1928Year Renovated1990CountyMARIONAPN49-15-06-113-002.000-500Fireplace TypeHas Fireplace

Schools near 5661 Madison Avenue

This home is within Perry Township Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 7 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Homecroft Elementary School
PublicPK to 5

Southport Middle School
Public7 to 8

Southport High School
Public9 to 12

Jeremiah Gray-Edison Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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5661 Madison Avenue is a mixed use property for sale in Indianapolis, IN 46227. This property was listed for sale on April 15, 2024 by BluPrint Real Estate Group, it's currently listed at $342,000. It has been on the market for a total of 15 days and was last sold on June 29, 2021. This listing's school district is Perry Township Schools. Nearby schools include Homecroft Elementary School, Southport Middle School and Southport High School. 5661 Madison Avenue is a 0-bed, 0-bath, 3,550 sqft mixed use property built in 1928.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BluPrint Real Estate Group

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.