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$229,000   Price Analysis
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1209 N Downey Ave
Indianapolis, IN 46219
2 bed 1 bath 1,704 SqFt ($134/SqFt)
6,098SqFt lot. Built 1947
Listed 2024-07-13, Taxes $3,391
Ⓧ USDA Ineligible
due to location

near Indianapolis

Revenue alert!

Take possession of this short term rental and immediately start turning a profit. This quiet and friendly neighborhood brick bungalow comes furnished and ready to add to your investment portfolio. Attractive to short-term, midterm and corporate renters, this home is an incredible opportunity for a new or a seasoned investor. With a proven track record of success, this completely updated 1 car garage home offers tasteful features like high-end kitchen finishes, quality furnishings and a sizable yard. The bonus, flexible space, basement/game room could easily be transformed into additional living space perfect for extended stay guests or roommates. Not an nvestor? Not a problem. If you dread the idea of paying for movers or decorating isn't your 'thing' - this home is the answer!

Unpack your bags and start living your life with a pocket full of savings and a whole lot less stress. Whether for a portfolio or for personal us e, you cannot go wrong with this gorgeous, well-cared for, property.


Presented by Crissi Matthews at
Key Realty Indiana.
Listing Agent Photo

Property MLS #21989646 from MIBOR

Bedrooms: 2
Bedrooms On Main Level: 2
Primary Bedroom Dimensions: 13 x 11
Bedroom 2 Dimensions: 11 x 11
Primary Bedroom Level: Main
Bedroom 2 Level: Main

Total Rooms: 9
Basement Features: Daylight/Lookout Windows
Game/Recreation Room Dimensions: 20 x 12
Living Room Dimensions: 18 x 12
Game/Recreation Room Level: Basement
Living Room Level: Main

Total Bathrooms: 1
Full Bathrooms: 1
Full Bathrooms On Main Level: 1

Attic Access

Electric Cooktop
Dishwasher
Dryer
Disposal
Gas Water Heater
MicroHood
Refrigerator
Washer

Cooling Features: Central Electric
Fireplace Features: Living Room, Woodburning Fireplce
Heating Features: Forced Air, Gas
Number of Fireplaces: 1

Dining Area Description: Formal Dining Room
Dining Room Dimensions: 10 x 10
Dining Room Level: Main
Kitchen Dimensions: 10 x 08
Kitchen Features: Kitchen Updated
Kitchen Level: Main

Lot Description: Sidewalks
Lot Size Acres: 0.14
Lot Size Square Feet: 6098

Garage Spaces: 1
Parking Features: Detached
Garage Sqft: 252

High School District: Indianapolis Public Schools

Anna Brochhausen School 88 is a public elementary school located approximately 0.6 miles away.
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Arlington Community Middle School is a public middle school located approximately 4.2 miles away.
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Scecina Memorial School is a private high school located approximately 0.5 miles away.
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Marion Academy is a public middle and high school located approximately 1 miles away.
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Calculated Total Monthly Association Fees: 0

Source Listing Status: Active
County: Marion
Directions: GPS Friendly
Tax Year: 2023
Source Property Type: Residential
Area: 4905 - Marion - Warren
Source Neighborhood: Walter G Justus
Parcel Number: 490734126016000701
Postal Code Plus 4: 3008
Subdivision: Walter G Justus
Township: Warren
Property Subtype: Single Family Residence
Lot Number: 20
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$103,200 + $22,700
$125,900
$3,391
2021$103,200 + $22,700
$125,900
$2,988
2020$94,200 + $17,300
$111,500
$2,664
2019$87,400 + $17,300
$104,700
$2,552
2018$83,900 + $17,300
$101,200
$2,489
2017$79,100 + $17,300
$96,400
$2,123
2016$74,900 + $17,300
$92,200
$1,990
2015$72,700 + $17,300
$90,000
$1,982
2014$72,200 + $17,300
$89,500
$1,935
2013$71,500 + $17,300
$88,800
$1,846
2012$103,100 + $17,300
$120,400
$2,700
2011$79,200 + $14,800
$94,000
$1,977
2010$80,300 + $14,800
$95,100
$2,114
2008$70,100 + $14,800
$84,900
$2,370
2008$84,400 + $14,800
$99,200
$2,370
2006$70,100 + $14,800
$84,900
$680

Listed 2024-07-13
$229,000
MIBOR
Sold 2022-01-24
$189,625
Public Record
Listing removed 2022-01-18
$0
MIBOR
Sold 2021-07-27
$135,000
Public Record
Sold 2004-12-28
$92,169
Public Record
Sold 2002-03-26
$101,080
Public Record

Total Square Feet Living: 962
Year Built: 1947
BelowGradeFinishedArea: 110
Construction Materials: Brick
Foundation Details: Block
Levels: One
Property Age: 77
Total Area Main: 852
Architectural Style: Bungalow

Cable Connected
Water Source: Municipal/City
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.