6 months on rocket

Backup Offers

418 Indiana Ave, Lorain, OH, 44052

$55,000

Home List Price

$653*

Closing Credit

2 Bedrooms
1 Full Bath
810 SqFt
$68/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

418 Indiana Ave, Lorain$55,000

Buyer Closing Credits

$653*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingNo Garage, Paved, Unpaved
Year Built1920
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #4499397
Lot Size0.11 Acres
StatusAccepting Backup Offers
(Contingent)

About 418 Indiana Ave

Attention all investors: Make this a 3 bedroom rental or flip for a great profit! Minutes from Lake Erie. Open enrollment of schools in surrounding areas. Check with local city on requirements. Great Backyard for Entertaining or a cozy fire. Don't miss this one!

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1920
  • Stories: 2
  • Living Area: 810 SqFt

Listing Office:

  • Office Name: Century 21 DeAnna Realty
  • Office Phone: (440) 328-7159
  • Listing Agent: Kristen M Rogers

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: No Garage, Paved, Unpaved

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lorain High School, Public District Grades 9-12
  • Longfellow Middle School, Public District Grades 7-8
  • Larkmoor Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: West from E. Erie Ave go East and find Indiana Ave on your right hand side. Turn right, stop at the stop sign, then proceed to 410 and 418 Indiana Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $55,000
  • Price Per SqFt: $68/SqFt

Tax Information:

  • Annual Amount: $741
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Lorain, OH.

Map thumbnail provided by MapBox

Lorain, OH

City

Med. Sold Price

$139.4K

Med. Price/SqFt

$92

Avg. Days On Market

40

# of Sold Homes

66

418 Indiana Ave vs Lorain

186 DAYS ON ROCKET

+146 Days

$55,000

-$84.4K Less

$68/SqFt

-$25 Less

KEY TAKEAWAY

This property is $84.4K less than the Median Sold Price and $25/SqFt less than other homes in Lorain, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #4499397

Listing Office:

  • Office Name: Century 21 DeAnna Realty
  • Office Phone: (440) 328-7159
  • Listing Agent: Kristen M Rogers

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 4:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 10, 2021Home Sold
$18,000
Aug 03, 2020Home Sold
$10,500

Tax History

YEARPROP. TAXASSESSMENT
2020$741$11,710
2019$702$11,708
2018$702$11,708
2017$743$11,680

History based on county public records data.

Payment Calculator

$342

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$231

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-1418610
5
/10

  • Larkmoor Elementary School

  • 1201 Nebraska Ave

  • 0.91 miles

  • Public District Grades KG-6

Middle School

school-card-donut-1418611
5
/10

  • Longfellow Middle School

  • 305 Louisiana Ave

  • 0.36 miles

  • Public District Grades 7-8

High School

school-card-donut-1418612
3
/10

  • Lorain High School

  • 2600 Ashland Ave

  • 2.31 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 $45,478. Typical income of Lorain, OH residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 418 Indiana Ave

What is the listing price of this property?

The listing price of 418 Indiana Ave property is $55,000.

What type of property is this?

The property 418 Indiana Ave is a house located in Lorain, Ohio, 44052.

Is this property for sale now?

Accepting Backup Offers: 418 Indiana Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 418 Indiana Ave are:
Larkmoor Elementary School: GreatSchools Rating 5/10
Longfellow Middle School: GreatSchools Rating 5/10
Lorain High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $741 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 10, 2021 for $18,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 418 Indiana Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 418 Indiana Ave is 810 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 418 Indiana Ave is 1920.

Rocket Homes›Ohio›Lorain County›Lorain›44052›418 Indiana Ave

This home is located at 418 Indiana Ave in Lorain, OH and zip code 44052. This 810 square foot home, which was built in 1920, sits on a 0.11 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 24, 2023 and is currently priced at $55,000.

In March 2024 more than 26 listings in Lorain, OH were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 24 were sold below. The inventory of homes for sale in Lorain, OH between February 2024 and March 2024 increased by 8.2%. In March 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $139,433.

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

More Resources