7 months on rocket

Sale Pending

1401 E Michigan St, Indianapolis, IN, 46201

$363,000

Home List Price

$4,311*

Closing Credit

4 Bedrooms
3 Full Baths
2,728 SqFt
$133/SqFt
House
Schools Nearby

Location

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1401 E Michigan St, Indianapolis$363,000

Buyer Closing Credits

$4,311*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1910
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #21945072
Lot Size0.14 Acres
StatusSale Pending
(Pending)

About 1401 E Michigan St

Welcome to this fully renovated 4 bed 3 bath home near downtown Indianapolis! The main level includes 2 spacious bedrooms and a full bathroom, to go along with the grand living room you are met with upon entry. Stainless steel appliances and luxurious finishes are boasted within the kitchen which truly fit the style of this home. The master bedroom can be found upstairs, located on the same level as another spacious bedroom and bathroom to complete the upper level. There is an exterior entry to a full basement which includes a separate electrical meter. Great Home...Great Opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: TraditonalAmerican
  • Year Built: 1910
  • Living Area: 2,728 SqFt

Listing Office:

  • Office Name: Satkar Realty, LLC
  • Office Email: kyle.wildwestinvestments@gmail.com
  • Listing Agent: Kyle Holler

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Oven, Refrigerator, Water Heater
  • Basement: Yes
  • Interior: Attic Access, Raised Ceiling(s), Walk-in Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Arsenal Technical High School, Public District Grades 9-12
  • H L Harshman Middle School, Public District Grades 7-8
  • Center For Inquiry, Public Magnet Grades KG-8
  • Francis W Parker School 56, Public Magnet Grades PK-8
  • Washington Irving School 14, Public District Grades PK-6
  • Theodore Potter School 74, Public District Grades KG-6
  • Ernie Pyle School 90, Public District Grades PK-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $363,000
  • Price Per SqFt: $133/SqFt

Tax Information:

  • Annual Amount: $1,538
  • Tax Year: 2020
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Housing Market Comparison

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

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Indianapolis, IN

City

Med. Sold Price

$239.7K

Med. Price/SqFt

$135

Avg. Days On Market

45

# of Sold Homes

989

1401 E Michigan St vs Indianapolis

217 DAYS ON ROCKET

+172 Days

$363,000

+$123.2K More

$133/SqFt

-$2 Less

KEY TAKEAWAY

This property is $123.2K more than the Median Sold Price and $2/SqFt less than other homes in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21945072

Listing Office:

  • Office Name: Satkar Realty, LLC
  • Office Email: kyle.wildwestinvestments@gmail.com
  • Listing Agent: Kyle Holler

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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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 7:16:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,538$69,400
2019$1,594$65,100
2018$1,382$62,300
2017$1,654$77,700

History based on county public records data.

Payment Calculator

$1,879

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,155

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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-2550496
1
/10

  • Washington Irving School 14

  • 1250 E Market St

  • 0.34 miles

  • Public District Grades PK-6

school-card-donut-2550497
2
/10

  • Theodore Potter School 74

  • 1601 E 10th St

  • 0.51 miles

  • Public District Grades KG-6

school-card-donut-2550498
4
/10

  • Ernie Pyle School 90

  • 3351 W 18th St

  • 4.35 miles

  • Public District Grades PK-6

Middle School

school-card-donut-2550499
2
/10

  • H L Harshman Middle School

  • 1501 E 10th St

  • 0.47 miles

  • Public District Grades 7-8

school-card-donut-2550500
6
/10

  • Center For Inquiry

  • 725 N New Jersey St

  • 0.82 miles

  • Public Magnet Grades KG-8

school-card-donut-2550501
1
/10

  • Francis W Parker School 56

  • 2353 Columbia Ave

  • 1.86 miles

  • Public Magnet Grades PK-8

High School

school-card-donut-2550502
1
/10

  • Arsenal Technical High School

  • 1500 E Michigan St

  • 0.13 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,276. Most Indianapolis, IN residents have annual incomes less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1401 E Michigan St

What is the listing price of this property?

The listing price of 1401 E Michigan St property is $363,000.

What type of property is this?

The property 1401 E Michigan St is a house located in Indianapolis, Indiana, 46201.

Is this property for sale now?

Sale Pending: 1401 E Michigan St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1401 E Michigan St are:
Washington Irving School 14: GreatSchools Rating 1/10
Theodore Potter School 74: GreatSchools Rating 2/10
Ernie Pyle School 90: GreatSchools Rating 4/10
H L Harshman Middle School: GreatSchools Rating 2/10
Center For Inquiry: GreatSchools Rating 6/10
Francis W Parker School 56: GreatSchools Rating 1/10
Arsenal Technical High School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,538 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1401 E Michigan St has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1401 E Michigan St is 2,728 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1401 E Michigan St is 1910.

Rocket Homes›Indiana›Marion County›Indianapolis›46201›1401 E Michigan St

This home is located at 1401 E Michigan St in Indianapolis, IN and zip code 46201 in the North Arsenal Park neighborhood. This 2,728 square foot home, which was built in 1910, sits on a 0.14 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 24, 2023 and is currently priced at $363,000.

In March 2024 more than 225 listings in Indianapolis, IN were sold above the asking price. During the same period more than 262 listings were sold at asking price, while more than 502 were sold below. Between February 2024 and March 2024, Indianapolis, IN real estate market has seen increase in the number of listings by 7.4%. Listings spent 45 days on the market in March 2024, and had a median list price of $239,776 during the same period.

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

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