3603 N Irvington Avenue
Indianapolis, INAll-brick single-family investment property on approximately half an acre, offered at $184,900 and leased at $1,550 per month. This home offers approximately 1,255 square feet and sits on an unusually large rear lot for this price point, providing expansion or outdoor-use potential rarely available in the area. Brick construction means lower ongoing maintenance and durable long-term value. The property is occupied by a long-term tenant in place at least four years with a consistent on-time payment history. System ages include roof at eight to ten years, furnace and air conditioning at approximately eight years, water heater at three years, and flooring at three years, with no reported plumbing or electrical issues and approximately three maintenance calls in the past year. The tenant pays all utilities. An improvement budget in the $5,000 to $10,000 range supports a meaningful increase in monthly rent. Located in the Forest Manor and Devington area of near-northeast Indianapolis with direct access to I-70 and I-465. One of thirteen buildings in a 17-unit Indianapolis rental portfolio available individually or as a package. Current rent roll available upon request. Property sold as-is.
Active
- Price
- $ 184,900
- City
- Indianapolis
- Bedrooms
- 3
- Full Bathrooms
- 1
- County
- MARION
- Half Bathrooms
- 0
- Area
- Warren
- Lot Size
- 0.24 Acres
- Zip
- 46218
- Sqr Footage
- 1,255
- Year Built
- 1953
- Taxes
- $ 1870
- Style
- Ranch
- MLS#
- 22109594
Features
General
Interior Features
Exterior Features
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
Affordability Calculator
$3,786
Per MonthBased on the average sale price from the Columbus, IN office
- Monthly Principal & interest $2,658
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 6.49% 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.
Mortgage calculator provided courtesy of Inside Real Estate.
Schools
Price History
Property vs Zip Code Average in 46218
In The Neighborhood
In The Neighborhood
- Type
- Single Family
- Type
- Single Family
- Type
- Single Family
3603 N Irvington Avenue Indianapolis, IN is a Single Family Home for sale at $184900 with 1255 sqft and a lot size of 0.24 Acres Acre(s). 3603 N Irvington Avenue Indianapolis has 3 bedrooms, 1 baths and was built in 1953. The property's zip code is 46218 which is in Indianapolis, IN
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.
Mortgage calculator provided courtesy of Inside Real Estate.
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