4305 E 16th Street, Indianapolis, IN 46201

$145,000 Asking Price

3 beds
1 bath
1,012  sqft
Built in 1935

OPPORTUNITY ALERT!! Come see this great 3br/1ba ranch home on the near eastside in the popular Little Flower neighborhood! The property is currently tenant occupied, paying $850 per month. The lease ends on 6/15/24 and it is not being renewed, so the property can be delivered vacant for an owner occupant. If kept as a rental and cleaned up a little, rent could be increased to $1100-1200 if used as a long term rental, and it could be much higher if used as a furnished mid term rental! There is no garage, but there is a large gravel parking pad in back that can accommodate several vehicles. Excellent location, within minutes to Community E hospital and freeway, and a quick drive into downtown Indy.


Features & Amenities

Interior

General:
Windows Vinyl
Appliances:
Laundry Connection in Unit, Gas Oven, Refrigerator, Gas Water Heater
A/C:
Central Electric
Heating:
Forced Air, Gas
Fireplace:
Fireplaces: 0

Exterior

General:
Not Applicable
Style:
Bungalow, Ranch
Other Structures:
Covered Porch
Parking:
Alley Access, Common

Construction

General:
One, Crawl Space

Location

Originating MLS:
mibor
School District:
Indianapolis Public Schools
County:
Marion

Lot

Zoning:
Johnsons E 10th St Add L229, 490733178018000101
Fencing:
Partial

Utilities

Utilities:
Electricity Connected, Gas, Sewer Connected, Water Connected
Water:
Municipal/City

Financial

Source:
mibor
Buyers Agent Compensation:
3.0 %

This listing courtesy of:
Keller Williams Indpls Metro N, Peter Stewart

About Indianapolis, IN

Housing

Number of Units
439,918
Median Home Value
$169,609
Median Rent
$790

47.41% of housing units are renter occupied.

8.91% are vacant.

Commute

Car
76.18%
Public Transportation
1.34%
Walk to Work
1.81%
Work from Home
19.69%
Other
0.60%

The median travel time to work is 21 minutes.

People

Population
976,092
Median Age
35.40
Median Household Size
2.45

Education

High School
27.86%
Associate’s Degree
8.16%
Bachelor’s Degree
21.08%
Graduate Degree
11.46%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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