3 months on rocket

2027/2029 Lexington Ave, Indianapolis, IN, 46203

$220,000

Home List Price

$2,613*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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2027/2029 Lexington Ave, Indianapolis$220,000

Buyer Closing Credits

$2,613*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1903
BasementYes
MLS #21961297
Lot Size0.19 Acres
StatusActive

About 2027/2029 Lexington Ave

Situated just moments from the vibrant Fountain Square. This duplex offers a unique investment opportunity, in a prime location. Enjoy the convenience of near by dining, shopping and entertainment options all with in a short distance. The property currently features a duplex configuration, ideal for generating rental income. Each unit offers distinct living spaces, providing privacy and comfort for potential tenants. One of the standout features is the expansive lot. The size of the parcel not only accentuates the duplex but also presents the potential for further development. Given the considerable size of the parcel, there's an opportunity to split the lot and build two single-family homes. The option adds significant value for those looking to invest in a growing area. While the property requires improvements, it's also a blank canvas.

Property Details

Property Features

Property Information:

  • Year Built: 1903

Listing Office:

  • Office Name: The Great 8 Real Estate LLC
  • Office Email: Jessica@tg8-usa.com
  • Listing Agent: Jessica Burdine

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

School Info

Assigned Schools Information:

  • Arsenal Technical High School, Public District Grades 9-12
  • Frederick Douglass School 19, Public District Grades PK-8
  • Center For Inquiry, Public Magnet Grades KG-8
  • H L Harshman Middle School, Public District Grades 7-8
  • William Mckinley School 39, Public District Grades PK-6
  • Theodore Potter School 74, Public District Grades KG-6
  • Ernie Pyle School 90, Public District Grades PK-6

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $220,000
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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

2027/2029 Lexington Ave vs Indianapolis

101 DAYS ON ROCKET

+69 Days

$220,000

-$20K Less

KEY TAKEAWAY

This property is $20K less than the Median Sold Price in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21961297

Listing Office:

  • Office Name: The Great 8 Real Estate LLC
  • Office Email: Jessica@tg8-usa.com
  • Listing Agent: Jessica Burdine

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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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/9/2024, 9:16:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-9228193
5
/10
  • William Mckinley School 39

  • 1733 Spann Ave

  • 0.54 miles

  • Public District Grades PK-6

school-card-donut-9228194
2
/10
  • Theodore Potter School 74

  • 1601 E 10th St

  • 1.78 miles

  • Public District Grades KG-6

school-card-donut-9228195
4
/10
  • Ernie Pyle School 90

  • 3351 W 18th St

  • 4.63 miles

  • Public District Grades PK-6

Middle School

school-card-donut-9228196
1
/10
  • Frederick Douglass School 19

  • 2020 Dawson St

  • 1.24 miles

  • Public District Grades PK-8

school-card-donut-9228197
6
/10
  • Center For Inquiry

  • 725 N New Jersey St

  • 1.58 miles

  • Public Magnet Grades KG-8

school-card-donut-9228198
2
/10
  • H L Harshman Middle School

  • 1501 E 10th St

  • 1.75 miles

  • Public District Grades 7-8

High School

school-card-donut-9228199
1
/10
  • Arsenal Technical High School

  • 1500 E Michigan St

  • 1.39 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,966. The majority of Indianapolis, IN residents have income 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 high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesIndianaMarion CountyIndianapolis462032027/2029 Lexington Ave

This home is located at 2027/2029 Lexington Ave in Indianapolis, IN and zip code 46203 in the Woodlawn neighborhood. This home, which was built in 1903, sits on a 0.19 acre lot. It has been listed on Rocket Homes since January 29, 2024 and is currently priced at $220,000.

Indianapolis, IN housing market in April 2024 saw over 316 listings sold above listed price, more than 280 sold at listed price and over 493 sold below. The inventory of homes for sale in Indianapolis, IN between March 2024 and April 2024 increased by 0.3%. The median list price of listings available in April 2024 was $240,065, while the average time on the real estate market was 32 days.

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

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