2062 N Park AVE Pending Save Request In-Person Tour Request Virtual Tour
Indianapolis,IN 46202
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 2,568 sqft
Price per Sqft $179
Subdivision Ruckle & Hamlins Sub Johnson Heirs Add
MLS Listing ID 21998205
Bedrooms 3
Full Baths 3
Half Baths 1
HOA Y/N No
Year Built 2006
Tax Year 2023
Lot Size 5,227 Sqft
Acres 0.12
Property 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 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.
Location
State IN
County Marion
Rooms
Basement Finished,Full
Interior
Interior Features Attic Access,Center Island,Pantry,Programmable Thermostat,Screens Some,Walk-in Closet(s),Wet Bar,Windows Vinyl
Heating Electric,Forced Air
Cooling Central Electric
Equipment Radon System,Smoke Alarm,Sump Pump
Fireplace Y
Appliance Dishwasher,Dryer,Electric Water Heater,Disposal,MicroHood,Microwave,Electric Oven,Refrigerator,Washer,Water Softener Owned
Exterior
Exterior Feature Balcony,Carriage/Guest House
Garage Spaces 3.0
Utilities Available Cable Available,Cable Connected,Electricity Connected,Sewer Connected,Water Connected
Waterfront false
View Y/N false
Parking Type Alley Access,Detached,Concrete,Garage Door Opener
Building
Story Two
Foundation Concrete Perimeter,Full
Water Municipal/City
Architectural Style TraditonalAmerican
Structure Type Brick,Cement Siding
New Construction false
Schools
School District Indianapolis Public Schools