541 E Merrill Street, Indianapolis, IN 46203

$274,900 Asking Price

2 beds
1 bath
1,001  sqft
Built in 1955

Fixer upper with hardwood floors ready for a Buyer to make their own. Property sold as-is. Superb downtown neighborhood with plenty of reinvestment and improvements in surrounding properties. Neighbors have carriage houses above their garages. Very unique/historical basement. Accessed in garage, and basement goes from the garage, under the patio and house, to under the front yard. It was used in the produce business when the house was originally built for the storage of bananas. Detached garage is over-sized with an industrial garage door and a workshop area. HVAC serviced 2 times/year. Basement will be completely cleaned out of all items prior to closing.


Features & Amenities

Interior

General:
Attic Access, Raised Ceiling(s), Hardwood Floors, Hi-Speed Internet Availbl
Appliances:
Disposal, Gas Water Heater, Electric Oven, Refrigerator
A/C:
Central Electric
Heating:
Forced Air, Gas
Fireplace:
Fireplaces: 0

Exterior

Style:
TraditonalAmerican
Other Structures:
Covered Porch, Open Patio
Parking:
Alley Access, Detached, Garage Door Opener, Workshop in Garage

Construction

General:
One, Concrete Perimeter

Location

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

Lot

Zoning:
Coffmans Sub 31Ft E Side L27 Ol101, 491112218020000101

Utilities

Water:
Municipal/City

Financial

Source:
mibor
Buyers Agent Compensation:
3.0 %

This listing courtesy of:
McNulty Real Estate Services,, Tom McNulty

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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