1421 Central Ave, Indianapolis, IN 46202 is For Sale

1421 Central Ave, Indianapolis, IN 46202

7 beds, 5 baths, 11,568 sqft
For Sale
$500,000
Zestimate®: $499,959
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Great period home on estate sized lot!Amenities include cherry paneled walls, hardwoods, coffered ceilings, pocket doors, beveled glass, double stairs, wine cellar and commercial kitchen. The clever business person will see the versatility of this home: Lower level already set up as offices. Large open rooms for entertaining. Income producing carriage house. Multiple suites for possible B&B? Under IHPC jurisdiction.
Facts
  • Lot: 0.53 acres
  • Single Family
  • Built in 1900
  • 521 days on Zillow
  • Cooling: Central
  • Heating: Forced air
  • Price/sqft: $43
  • MLS #: 21008441
Features
  • Attic
  • Flooring: Carpet, Hardwood, Tile
  • Parking: Garage - Detached, 4 spaces
  • Porch
Additional Features
  • Cooling System: Central, Guest parking, Living room, Parking Type: Garage Detached, Parking Type: Off Street
Appliances Included
  • Dishwasher
  • Range / Oven
Room Types
  • Breakfast nook
  • Dining room
  • Family room
  • Office
Construction
  • Exterior material: Stone
  • Roof type: Other
  • Room count: 24
  • # Stories: 2.0
  • Structure type: Other
  • Unit count: 2
Other
  • Floor size: 11,568 sqft
  • Parcel #: 1011691
  • Zillow Home ID: 1075400
Home Values
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A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$499,959
+$10,458 Last 30 daysd
$405K
$545K
Zestimate range
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,102/mo
-$17 Last 30 daysd
$639
$2.2K
Zestimate range

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7,684 all-time (chart)
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Neighborhood for 1421 Central Avenue

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Zillow predicts 46202 home values will rise 2% next year, compared to a 2.4% increase for Indianapolis Metro as a whole. Among 46202 homes, this home is 222.2% more expensive than the midpoint (median) home, but is priced 53.8% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the 46202 market, the number of foreclosures waiting to be sold shrank 37.6% in the last year. The number of unsold foreclosures is 76.2% greater than in Indianapolis Metro, and 10.4% greater than the national average. This higher local number may prevent 46202 home values from rising as quickly as other regions in Indianapolis Metro.

Learn more about forecast calculations or 46202 home values.
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