28 days on rocket

Sale Pending

602 S Biltmore Ave, Indianapolis, IN, 46241

$274,900

Home List Price

$3,264*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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602 S Biltmore Ave, Indianapolis$274,900

Buyer Closing Credits

$3,264*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1968
MLS #21972008
Lot Size0.12 Acres
StatusSale Pending
(Pending)

About 602 S Biltmore Ave

Welcome to this all-brick duplex! You have so much opportunity to purchase this duplex for your own. You can house hack and move into one side and use an FHA loan to put down 3.5%. You can purchase this duplex as an investment and have a clear line of rental income. You can do both options and even think about building another duplex on the extra land in the back. The options are endless and this property has the value to get you where you want. Unit A (left) side is rented for $950/month and Unit B (right) side is currently rented for $875/month. Tenants pay all utilities and cover lawn maintenance. Come soon to see what your next investment has to offer you!

Property Details

Property Features

Property Information:

  • Year Built: 1968

Listing Office:

  • Office Name: RE/MAX Advanced Realty
  • Office Email: scottchain@indyhomepros.com
  • Listing Agent: Scott Chain

Interior Features

Interior Information:

  • Basement: No

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

School Info

Assigned Schools Information:

  • Ben Davis High School, Public District Grades 10-12
  • Lynhurst 7th & 8th Grade Center, Public District Grades 7-8
  • Rhoades Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $274,900

Tax Information:

  • Annual Amount: $2,227
  • Tax Year: 2020
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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

602 S Biltmore Ave vs Indianapolis

28 DAYS ON ROCKET

-4 Days

$274,900

+$34.8K More

KEY TAKEAWAY

This property is $34.8K more 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: #21972008

Listing Office:

  • Office Name: RE/MAX Advanced Realty
  • Office Email: scottchain@indyhomepros.com
  • Listing Agent: Scott Chain

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.

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: 5/1/2024, 11:46:14 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$2,227$82,300
2019$2,529$82,300
2018$2,488$88,700
2017$2,492$87,700

History based on county public records data.

Payment Calculator

$1,440

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

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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-4466676
2
/10
  • Rhoades Elementary School

  • 502 S Auburn St

  • 0.42 miles

  • Public District Grades PK-6

Middle School

school-card-donut-4466677
5
/10
  • Lynhurst 7th & 8th Grade Center

  • 2805 S Lynhurst Dr

  • 2.30 miles

  • Public District Grades 7-8

High School

school-card-donut-4466678
2
/10
  • Ben Davis High School

  • 1200 N Girls School Rd

  • 2.74 miles

  • Public District Grades 10-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,897. The most common annual income of people living in Indianapolis, IN is between $35k-100k. 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 CountyIndianapolis46241602 S Biltmore Ave

This home is located at 602 S Biltmore Ave in Indianapolis, IN and zip code 46241 in the Garden City neighborhood. This home, which was built in 1968, sits on a 0.12 acre lot. It has been listed on Rocket Homes since April 03, 2024 and is currently priced at $274,900.

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. In April 2024 in Indianapolis, IN there were 0.3% more homes for sale than in March 2024. While the average time on the market in April 2024 was 32 days, the median list price was $240,065.

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

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