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Randy Worrell

randy@randyworrell.com +1(317) 590-5709

Listed by Bradley Untrauer • Envoy Real Estate, LLC

$ 460,000

Est. payment -/mo

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Pending

2062 N Park AVE Indianapolis, IN 46202

3 Beds

4 Baths

2,568 SqFt

UPDATED:

10/03/2024 03:22 PM

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

Randy Worrell

Broker

+1(317) 590-5709

Randy Worrell

2062 N Park AVE Indianapolis, IN 46202

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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2062 N Park AVE