Commercial lot, 1.85 acres, with multi-family residential potential on high traffic count West 56th Street, just east of the Georgetown Road intersection. The lot is wooded, with retention pond that could be covered. 230 feet of frontage on West 56th Street.
New Augusta Public Academy-North, Public District Grades 6-8
Lincoln Middle School, Public District Grades 6-8
New Augusta Pub Aca-South, Public District Grades KG-5
Central Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: From Downtown Indianapolis: Take 65 North to 38th St. Exit 119, take 38th St. West to Guion Rd, take Guion Rd. North to 56th St, take 56th St West to Property (south side of street).
Price Information
Listing Price Info
Price Summary:
List Price: $139,995
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 Indianapolis, IN.
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.
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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to helpdesk@miborsupport.com and DMCAnotice@MLSGrid.com.
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: 4/29/2024, 9:16:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
-
-
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$766
Per Month
Principal & Interest
$699
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$486
Powered By
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
3
/10
New Augusta Pub Aca-South
6250 Rodebaugh Rd
Distance between this listing and this school1.35 miles
Public District Grades KG-5
2
/10
Central Elementary School
7001 Zionsville Rd
Distance between this listing and this school2.11 miles
Public District Grades KG-5
Middle School
4
/10
New Augusta Public Academy-North
6450 Rodebaugh Rd
Distance between this listing and this school1.60 miles
Public District Grades 6-8
2
/10
Lincoln Middle School
5353 W 71st St
Distance between this listing and this school1.92 miles
Public District Grades 6-8
High School
4
/10
Pike High School
5401 W 71st St
Distance between this listing and this school1.74 miles
Public District Grades 9-12
Assigned Schools
3
/10
New Augusta Pub Aca-South
6250 Rodebaugh Rd
Distance between this listing and this school1.35 miles
Public District Grades KG-5
2
/10
Central Elementary School
7001 Zionsville Rd
Distance between this listing and this school2.11 miles
Public District Grades KG-5
Nearby Schools
4
/10
Guion Creek Elementary School
4301 W 52nd St
Distance between this listing and this school0.66 miles
Public District Grades KG-5
Assigned Schools
4
/10
New Augusta Public Academy-North
6450 Rodebaugh Rd
Distance between this listing and this school1.60 miles
Public District Grades 6-8
2
/10
Lincoln Middle School
5353 W 71st St
Distance between this listing and this school1.92 miles
Public District Grades 6-8
Nearby Schools
2
/10
Guion Creek Middle School
4401 W 52nd St
Distance between this listing and this school0.63 miles
Public District Grades 6-8
Assigned Schools
4
/10
Pike High School
5401 W 71st St
Distance between this listing and this school1.74 miles
Public District Grades 9-12
Nearby Schools
5
/10
Indiana Math & Science Academy
4575 W 38th St
Distance between this listing and this school2.24 miles
Public Charter Grades KG-12
3
/10
Indiana Connections Academy
6640 Intech Blvd
Distance between this listing and this school2.45 miles
The neighbors living near this home have an average income of $48,992. Most Indianapolis, IN residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4625 W 56th St
What is the listing price of this property?
The listing price of 4625 W 56th St property is $139,995.
What type of property is this?
The property 4625 W 56th St is land located in Indianapolis, Indiana, 46254.
Is this property for sale now?
Active Listing: 4625 W 56th St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 4625 W 56th St are: New Augusta Pub Aca-South: GreatSchools Rating 3/10Central Elementary School: GreatSchools Rating 2/10New Augusta Public Academy-North: GreatSchools Rating 4/10Lincoln Middle School: GreatSchools Rating 2/10Pike High School: GreatSchools Rating 4/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 4625 W 56th St in Indianapolis, IN and zip code 46254 in the Snacks / Guion Creek neighborhood. This home sits on a 1.85 acre lot. It has been listed on Rocket Homes since January 17, 2024 and is currently priced at $139,995.
In March 2024, from all listings sold in Indianapolis, IN there were more than 225 sold above asking price, over 502 sold below and more than 262 were sold right at the asked price. The number of homes for sale in Indianapolis, IN increased by 7.4% between February 2024 and March 2024. 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.