640 North Somerset Avenue

Indianapolis, IN 46222

$114,750
Price
2
Beds
1
Bath
1,440 Sq. Ft.
$80 / Sq. Ft.
1,440
Sq. Ft.
$80
per Sq. Ft.

Description

Here's a fabulous opportunity to buy a home directly across the street from IPS "The Path" school for K-8th grade! The house will need numerous repairs which should provide some sweat equity in this rapidly improving neighborhood! The basement may have potential for additional living space, bedroom or hobby room. Seller will consider a land contract with as little as 10% down and 11.5% interest.Here's a fabulous opportunity to buy a home directly across the street from IPS "The Path" school for K-8th grade! The house will need numerous repairs which should provide some sweat equity in this rapidly improving neighborhood! The basement may have potential for additional living space, bedroom or hobby room. Seller will consider a land contract with as little as 10% down and 11.5% interest.
  1. Listed by Scott Wynkoop • Wynkoop Brokerage Firm, LLC • Scott@IndianaREO.com

Property Details for 640 North Somerset Avenue

Architectural Style
Bungalow
Subdivision Name
No Subdivision
Township
Wayne

Location

Listing Courtesy of Wynkoop Brokerage Firm, LLC
Add your commute
LISTING UPDATED: 04/29/2024 11:16 AM

Property Details for 640 North Somerset Avenue

StatusActive
MLS #21966034
Days on Market64
Taxes$945 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1941
Lot Size0.10 AC / 4,356 SF
CountyMarion County

Location

Listing Courtesy of Wynkoop Brokerage Firm, LLC
Add your commute

Building Information for 640 North Somerset Avenue

Stories-Year Built1941Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$784 per month

30 year fixed, 7.25% Interest

Principal and Interest

$626

Property Taxes

$158

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 640 North Somerset Avenue

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46222
  • Postal Code Plus4: 3328
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 491105117262000901
  • Semi Annual Property Tax Amt: 945
  • Tax Year: 2022
  • TaxLot: 9021639
School Information
  • School District: Indianapolis Public Schools
Parking
  • Garage YN: Yes
  • Garage Spaces: 1.0
  • Garage SqFt: 240
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Size Square Feet: 4530.0
  • Lot Size Acres: 0.1
  • Main Level SqFt: 720
  • New Construction: False
  • Living SqFt: 0.0
  • Sqft Total: 720.0
  • Sq Ft Total: 1440.0
  • Year Built Numeric: 1941
  • Below Grade Finished Area: 0.0
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Legal Subdivision: Fairfax L304
  • Photos Count: 13
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: Yes
  • Water Source: Other
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding
  • Foundation Details: Block
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: None
  • Basement YN: Yes
  • Cooling: None
  • Eating Area: Dining Combo/Kitchen
  • Fireplaces Total: 0
  • Heating: Forced Air
  • Interior Features: Attic Access
  • Levels: One
  • Room List: Living Room, Primary Bedroom, Bedroom 2
  • Room and Features: Living Room-Main-Other, Primary Bedroom-Main-Other, Bedroom 2-Main-Other
  • Main Level Bedrooms: 2
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 5
  • Rooms Total MU: 5
  • Total Rooms: 5
Room 1
  • Room Level: Main
  • Room Dimensions: 16x12
  • Room Features: Other
  • Room Type: Living Room
Room 2
  • Room Level: Main
  • Room Dimensions: 12x12
  • Room Features: Other
  • Room Type: Primary Bedroom
Room 3
  • Room Level: Main
  • Room Dimensions: 12x14
  • Room Features: Other
  • Room Type: Bedroom 2
Bathrooms
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Count: 1
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 1
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 2
  • Bedrooms MU: 2
  • Bedrooms Total: 2

Property History for 640 North Somerset 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 640 North Somerset Avenue

Taxable ValueLand$2,900Additions$64,300Total$67,200
Tax Record2022$450 ($37 / month)
Home Facts
Beds2Total Finished SqFt720 SqFtAbove Grade Finished SqFt720 SqFtStories1Lot Size4,530 SqFtStyleSingle Family ResidenceYear Built1941CountyMARIONAPN49-11-05-117-262.000-901

Schools near 640 North Somerset Avenue

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 3 to 12
Rating
School
Distance
Stephen Foster School 67
PublicPK to 8

Arsenal Technical High School
Public9 to 12

Impact Academy
Public3 to 12

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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640 North Somerset Avenue is a single family home for sale in Indianapolis, IN 46222. This property was listed for sale on February 28, 2024 by Wynkoop Brokerage Firm, LLC, it's currently listed at $114,750. It has been on the market for a total of 64 days and was last sold on November 22, 2013. This listing's school district is Indianapolis Public Schools. Nearby schools include Stephen Foster School 67, Arsenal Technical High School and George Washington Community High School (9-12). 640 North Somerset Avenue is a 2-bed, 1-bath, 1,440 sqft single family home built in 1941.

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 Wynkoop Brokerage Firm, LLC

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.