14 days on rocket

4702 Michigan Rd, Indianapolis, IN, 46228

$240,000

Home List Price

$2,850*

Closing Credit

2 Bedrooms
1 Full Bath
1,124 SqFt
$214/SqFt
House
Schools Nearby

Location

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4702 Michigan Rd, Indianapolis$240,000

Buyer Closing Credits

$2,850*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1850
HeatingNatural Gas
CoolingCentral Air
MLS #21978338
Lot Size0.23 Acres
StatusActive

About 4702 Michigan Rd

A piece of Indiana History, "The Toll House", provides you with the charm of an 1850's home and the remodeled necessities of today's living. Updated kitchen with gas oven/range, covered porch, separate formal dining room, living room with 2 beds upstairs. Huge backyard for gatherings or "urban homesteading" with a fire pit gathering area. This property is nestled on Michigan Rd. with perfect access to the new RH Gallery, Newfields (Indiana Museum of Art), walking distance to the International School of Indiana (ISI), convenient to Indiana Motor Speedway, Downtown Indy and Broad Ripple. It has served well as a rental unit to Butler University, IU Med School, & Marian University students, ISI staff, and a successful Airbnb location with easy access to I 65. There are (2) parcels in this sale - 490610109009000800 & 490610109010000800. TV bracket stays with home. TV does not convey. Portable Simply Safe monitoring system does not convey. Fireplace is faux and non-functional. 24 hour window for offer response needed.

Property Details

Property Features

Property Information:

  • Architectural Style: Farmhouse
  • Year Built: 1850
  • Living Area: 1,124 SqFt

Listing Office:

  • Office Name: F.C. Tucker Company
  • Office Email: sarah.kimball@talktotucker.com
  • Listing Agent: Sarah Kimball

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Disposal, Gas Water Heater, Gas Oven, Refrigerator, Washer, Other
  • Basement: No
  • Interior: Hi-Speed Internet Availbl

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Outdoor Fire Pit

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • North Central High School, Public District Grades 9-12
  • Westlane Middle School, Public District Grades 6-8
  • Crooked Creek Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $240,000
  • Price Per SqFt: $214/SqFt
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Housing Market Comparison

See how this home compares to others in Indianapolis, IN.

Med. Sold Price

$240K

Med. Price/SqFt

$136

Avg. Days On Market

32

# of Sold Homes

1089

4702 Michigan Rd vs Indianapolis

14 DAYS ON ROCKET

-18 Days

$240,000

-$65 Less

$214/SqFt

+$78 More

KEY TAKEAWAY

This property is $65 less than the Median Sold Price and $78/SqFt more than other homes in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21978338

Listing Office:

  • Office Name: F.C. Tucker Company
  • Office Email: sarah.kimball@talktotucker.com
  • Listing Agent: Sarah Kimball

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Property Sales & Tax

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6434950
4
/10
  • Crooked Creek Elementary School

  • 2150 Kessler Boulevard West Dr

  • 1.21 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6434951
2
/10
  • Westlane Middle School

  • 1301 W 73rd St

  • 3.05 miles

  • Public District Grades 6-8

High School

school-card-donut-6434952
6
/10
  • North Central High School

  • 1801 E 86th St

  • 5.76 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,917. Typical income of Indianapolis, IN residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4702 Michigan Rd

What is the listing price of this property?

The listing price of 4702 Michigan Rd property is $240,000.

What type of property is this?

The property 4702 Michigan Rd is a house located in Indianapolis, Indiana, 46228.

Is this property for sale now?

Active Listing: 4702 Michigan Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4702 Michigan Rd are:
Crooked Creek Elementary School: GreatSchools Rating 4/10
Westlane Middle School: GreatSchools Rating 2/10
North Central High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 4702 Michigan Rd has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 4702 Michigan Rd is 1,124 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4702 Michigan Rd is 1850.

Rocket HomesIndianaMarion CountyIndianapolis462284702 Michigan Rd

This home is located at 4702 Michigan Rd in Indianapolis, IN and zip code 46228 in the Wynnedale / Spring Hill neighborhood. This 1,124 square foot home, which was built in 1850, sits on a 0.23 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $240,000.

While more than 316 listings in Indianapolis, IN in April 2024 were sold above asking price, there were more than 280 listings sold at asking price, and more than 493 were sold below. Between March 2024 and April 2024, Indianapolis, IN real estate market has seen increase in the number of listings by 0.3%. Listings spent 32 days on the market in April 2024, and had a median list price of $240,065 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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