Active
2062 N Park Avenue
Indianapolis, IN 46202 (MLS #MBR21998205)
$460,000
Beds
3
Baths
4
Square Ft.
2,568
Description
Unique home-buying opportunity on the coveted near north side of downtown Indianapolis. In addition to the two story, single-family home, which includes a fully finished basement, is a studio apartment above the detached 3-car garage. A homeowner can offset a substantial amount of their mortgage by living in one dwelling and renting the other. Located across from MLK Jr Park, the property offers a more tranquil setting amidst all the hustle and bustle from downtown living. A covered front porch and a covered second story balcony off the master bedroom overlook the park. The back concrete patio is fully enclosed… Read More with a cedar shadow box fence and is ready for entertaining. The main house boasts an open-concept main level with the kitchen, dining and living areas all combined together. A room for a home office sits just inside the front door and porch. The upstairs contains a master bedroom (including the walk-out balcony), master bathroom, two additional bedrooms, another full bathroom, and a loft area. The finished basement is separated into two rooms, both with exterior windows, and offers flexibility in how its used. The larger room contains a wet bar and full bathroom, inclusive of a shower stall. The second room tucks away the house mechanicals and washer and dryer in a closet to allow for additional utility and use in the room. The studio apartment is an incredible alternative for downtown Indianapolis renters looking at studio or 1-bedroom units. The apartment comes fully equipped with kitchen appliances, washer and dryer, an open-concept living area, and an attached single bay garage (the two bay garage is for the main house). This is a unique opportunity to acquire two dwellings on one parcel and to start (or further) a real estate portfolio. The opportunity for day one rental income, as part of, but still separate from your primary residence, is rare and overlooked. Read Less
Courtesy of Envoy Real Estate, LLC.
Days Online
19
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
3
Partial Baths
1
Square Ft.
2,568
Lot Size
0.12 Acres
Year Built
2006
MLS Number
MBR21998205
Appliances & Equipment
Description: "Dishwasher", "Dryer", "Electric Water Heater", "Disposal", "MicroHood", "Microwave", "Electric Oven", "Refrigerator", "Washer", "Water Softener Owned"
Basement
Description: "Finished", "Full"
Building
Area: 2568, Architecture: "TraditonalAmerican", Building Area: 2568, Construction Materials: "Brick", "Cement Siding", Levels: "Two", Year Built: 2006
Cooling
Details: "Central Electric"
Exterior Features
Features: "Balcony", "Carriage/Guest House", Patio Features: "Covered Porch", "Porch Open"
Fence
Description: "Fence Complete", "Fence Full Rear", "Privacy", "Gate"
Fireplaces
Total Fireplaces: 0
Garage
Garage Spaces: 3, Other Garage Features: Finished Garage, Garage Door Opener, Guest Street Parking, Service Door
Heating
Heating: "Electric", "Forced Air"
Laundry
Description: "Laundry Closet", "In Basement"
Lot
Features: "Access", "Sidewalks", Acres: 0.12, MLS Acres: <1/4 Acre
Property
Description: "Radon System", "Smoke Alarm", "Sump Pump"
Utilities
Water Source: "Municipal/City", Utilities: "Cable Available", "Cable Connected", "Electricity Connected", "Sewer Connected", "Water Connected"
Area snapshot
30 Days Snapshot Of 46202
472k
(avg) sold price
0%
12
homes sold
-55%
58
(avg) days on market
-17%
Nearby Schools
*Please check the school district website to see all schools in this area
IPS Butler University Laboratory School 60
Public
PK-8
Herron High School
Public
9-12
Francis Parker Montessori School 56
Public
PK-8
Shortridge High School
Public
9-12
Snapshot
Area Map
Mortgage Calculator
Monthly Payment
$0
The above figures are estimates and are not endorsed or certified. Check with your lender for actual interest rates.
Listing Information © Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.
Information Deemed Reliable But Not Guaranteed.
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