2 months on rocket

721 E 16th St, Indianapolis, IN, 46202

$625,000

Home List Price

$7,422*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
1,968 SqFt
$318/SqFt
Townhouse
Schools Nearby

Location

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721 E 16th St, Indianapolis$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
Year BuiltNew Const., 2023
HeatingForced Air, Natural Gas
CoolingCentral Air
FireplaceElectric
MLS #21962129
Lot Size0.03 Acres
StatusActive

About 721 E 16th St

Bottleworks, The Monon Trail, Provider Coffee, Festiva, Tinker Street Restaurant - you can have it ALL just steps from your front door! Welcome to 16 Gateway Townhomes! This BRAND new Brownstone style townhome from Estridge is the perfect blend of function and style. 3 full bedrooms/3 full baths (featuring walk-in showers and dual sinks), a well placed 1/2 bath on the main floor, an oversized main floor outdoor deck patio, dual HVAC units and a tankless water heater provide the function. For style - TONS of natural light from all directions, a chef's dream kitchen (with Fisher Paykel appliances, custom kitchen cabinets and quartz counter tops), a street level outdoor seating area and a MUST see roof top deck that provides a magnificent view of the Old Northside and the downtown skyline. Your 4th of July fireworks guest list will be impressive!! For those who work downtown, tired of the LONG commute back and forth from the suburbs?? This spectacular townhome is just what the doctor ordered! $10,000 seller credit at closing with accepted full price offer.

Property Details

Property Features

Property Information:

  • Architectural Style: Multi-Level, TraditonalAmerican
  • Year Built: 2023
  • Living Area: 1,968 SqFt

Listing Office:

  • Office Name: F.C. Tucker Company
  • Office Email: bif@talktotucker.com
  • Listing Agent: Bif Ward

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Electric Oven, Refrigerator, Water Heater
  • Basement: No
  • Interior: Bath Sinks Double Main, Raised Ceiling(s), Center Island, Entrance Foyer, Hi-Speed Internet Availbl, Eat-in Kitchen, Network Ready, Programmable Thermostat, Walk-in Closet(s), Window Bay Bow, Windows Thermal
  • Fireplace: Electric

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Balcony, Lighting, Smart Light(s)

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • 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
  • Francis W Parker School 56, Public Magnet Grades PK-8
  • Frederick Douglass School 19, Public District Grades PK-8
  • Theodore Potter School 74, Public District Grades KG-6
  • Washington Irving School 14, Public District Grades PK-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: $625,000
  • Price Per SqFt: $318/SqFt

HOA Fees:

  • Amount: $175
  • Frequency: Monthly
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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

721 E 16th St vs Indianapolis

69 DAYS ON ROCKET

+24 Days

$625,000

+$385.2K More

$318/SqFt

+$183 More

KEY TAKEAWAY

This property is $385.2K more than the Median Sold Price and $183/SqFt more than other homes in Indianapolis, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #21962129

Listing Office:

  • Office Name: F.C. Tucker Company
  • Office Email: bif@talktotucker.com
  • Listing Agent: Bif Ward

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: 4/30/2024, 5:16:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$3,362

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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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-3843536
2
/10

  • Theodore Potter School 74

  • 1601 E 10th St

  • 0.84 miles

  • Public District Grades KG-6

school-card-donut-3843537
1
/10

  • Washington Irving School 14

  • 1250 E Market St

  • 1.38 miles

  • Public District Grades PK-6

school-card-donut-3843538
4
/10

  • Ernie Pyle School 90

  • 3351 W 18th St

  • 3.77 miles

  • Public District Grades PK-6

Middle School

school-card-donut-3843539
2
/10

  • H L Harshman Middle School

  • 1501 E 10th St

  • 0.79 miles

  • Public District Grades 7-8

school-card-donut-3843540
1
/10

  • Francis W Parker School 56

  • 2353 Columbia Ave

  • 0.96 miles

  • Public Magnet Grades PK-8

school-card-donut-3843541
1
/10

  • Frederick Douglass School 19

  • 2020 Dawson St

  • 3.46 miles

  • Public District Grades PK-8

High School

school-card-donut-3843542
1
/10

  • Arsenal Technical High School

  • 1500 E Michigan St

  • 1.04 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 $37,679. The majority of Indianapolis, IN residents have income less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 721 E 16th St

What is the listing price of this property?

The listing price of 721 E 16th St property is $625,000.

What type of property is this?

The property 721 E 16th St is a townhouse located in Indianapolis, Indiana, 46202.

Is this property for sale now?

Active Listing: 721 E 16th 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 721 E 16th St are:
Theodore Potter School 74: GreatSchools Rating 2/10
Washington Irving School 14: GreatSchools Rating 1/10
Ernie Pyle School 90: GreatSchools Rating 4/10
H L Harshman Middle School: GreatSchools Rating 2/10
Francis W Parker School 56: GreatSchools Rating 1/10
Frederick Douglass School 19: GreatSchools Rating 1/10
Arsenal Technical High School: GreatSchools Rating 1/10

How many bedrooms and bathrooms does this property have?

The property at 721 E 16th St has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 721 E 16th St is 1,968 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 721 E 16th St is 2023.

Rocket Homes›Indiana›Marion County›Indianapolis›46202›721 E 16th St

This home is located at 721 E 16th St in Indianapolis, IN and zip code 46202 in the College Corner neighborhood. This 1,968 square foot home, which was built in 2023, sits on a 0.03 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 21, 2024 and is currently priced at $625,000.

Over 225 listings were sold over their listed price in March 2024 in Indianapolis, IN. In the same period over 502 listings were sold below the listed price and 262 listings were sold for the listed price. The inventory of homes for sale in Indianapolis, IN between February 2024 and March 2024 increased 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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