5015 East Michigan Street

Indianapolis, IN 46201

$180,000
Price
7
Beds
2
Baths
2,866 Sq. Ft.
$63 / Sq. Ft.
2,866
Sq. Ft.
$63
per Sq. Ft.

Description

5015 E Michigan St, Indianapolis Investor's Dream in the Irvington/Tuxedo Area! Welcome to 5015 E Michigan St, a spacious 6-bedroom, 2-bathroom property located on the border of the Irvington/Tuxedo area-one of Indianapolis's most charming and rapidly developing neighborhoods. Priced below market value, this home is an incredible opportunity for investors or homeowners willing to put in some work to maximize its potential. This property features a bonus room in the basement, has been meticulously...5015 E Michigan St, Indianapolis Investor's Dream in the Irvington/Tuxedo Area! Welcome to 5015 E Michigan St, a spacious 6-bedroom, 2-bathroom property located on the border of the Irvington/Tuxedo area-one of Indianapolis's most charming and rapidly developing neighborhoods. Priced below market value, this home is an incredible opportunity for investors or homeowners willing to put in some work to maximize its potential. This property features a bonus room in the basement, has been meticulously maintained, and requires only cosmetic updates on the interior. The exterior is completely redone, needing nothing but the addition of an AC unit. Whether you're looking to enhance your rental portfolio or create a beautiful home, this property is perfectly positioned for future growth and value appreciation. Property Highlights: 6 Bedrooms + Bonus Room in Basement 2 Full Bathrooms Meticulously Maintained (Cosmetic Repairs Only) Fully Updated Exterior Located in the Charming Irvington/Tuxedo Area Sold As-Is Located just minutes from the heart of Irvington, this property offers easy access to local shops, restaurants, and the vibrant community that makes this area so desirable. Agents are encouraged to run a comparable market analysis to see the untapped potential.
  1. Listed by Sheila Huerta Eriza • AMR Real Estate LLC • Sheila.Huerta@AMR.Group

Property Details for 5015 East Michigan Street

Architectural Style
Craftsman
Subdivision Name
No Subdivision
Township
Center
LISTING UPDATED: 11/21/2024 11:41 PM

Property Details for 5015 East Michigan Street

StatusActive
MLS #22012615
Days on Market1
Taxes$960 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1930
Lot Size0.07 AC / 3,049 SF
CountyMarion County

Building Information for 5015 East Michigan Street

Stories-Year Built1930Building Size-Lot Size0.07 AC / 3,049 SF

Property Information for 5015 East Michigan Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46201
  • Postal Code Plus4: 2917
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 491004144148000101
  • Semi Annual Property Tax Amt: 960
  • Tax Year: 2023
  • TaxLot: 156
School Information
  • School District: Indianapolis Public Schools
Parking
  • Garage YN: No
  • Garage Spaces: 1.0
Virtual Tour
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Size Square Feet: 3180.0
  • Lot Size Acres: 0.07
  • Main Level SqFt: 2028
  • New Construction: False
  • Sqft Total: 2028.0
  • Sq Ft Total: 2866.0
  • Year Built Numeric: 1930
  • Below Grade Finished Area: 251.0
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: No
  • Legal Subdivision: Layman & Careys Irvington Park Add 40Ft E End L155& 40Ft E End L156
  • Photos Count: 24
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
  • Property Condition: Fixer
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: No
  • Water Source: Municipal/City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Electric Oven, Refrigerator, Water Heater
  • Basement YN: Yes
  • Cooling: None
  • Eating Area: Separate Room
  • Fireplaces Total: 0
  • Heating: Forced Air
  • Interior Features: Attic Stairway
  • Levels: One
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Bonus Room
  • Room and Features: Living Room-Main-Tile-Ceramic, Primary Bedroom-Main-Vinyl, Bedroom 2-Main-Vinyl, Bedroom 3-Main-Vinyl, Bedroom 4-Main-Vinyl, Bedroom 5-Main-Vinyl, Bedroom 6-Main-Vinyl, Bonus Room-Basement-Laminate, Bedroom 6-Main-Vinyl Plank
  • Main Level Bedrooms: 6
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 1
  • Rooms Basement: 1
Room Information
Room Information
  • Rooms MU: 8
  • Rooms Total MU: 8
  • Total Rooms: 9
Room 1
  • Room Level: Main
  • Room Dimensions: 10x11
  • Room Features: Tile-Ceramic
  • Room Type: Living Room
Room 2
  • Room Level: Main
  • Room Dimensions: 10x11
  • Room Features: Vinyl
  • Room Type: Primary Bedroom
Room 3
  • Room Level: Main
  • Room Dimensions: 10x11
  • Room Features: Vinyl
  • Room Type: Bedroom 2
Room 4
  • Room Level: Main
  • Room Dimensions: 10x11
  • Room Features: Vinyl
  • Room Type: Bedroom 3
Room 5
  • Room Level: Main
  • Room Dimensions: 10x11
  • Room Features: Vinyl
  • Room Type: Bedroom 4
Room 6
  • Room Level: Main
  • Room Dimensions: 10x11
  • Room Features: Vinyl
  • Room Type: Bedroom 5
Room 7
  • Room Level: Main
  • Room Dimensions: 10x11
  • Room Features: Vinyl
  • Room Type: Bedroom 6
Room 8
  • Room Level: Basement
  • Room Dimensions: 10x11
  • Room Features: Laminate
  • Room Type: Bonus Room
Room 9
  • Room Level: Main
  • Room Dimensions: 10x11
  • Room Features: Vinyl Plank
  • Room Type: Bedroom 6
Bathrooms
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Count: 2
  • Full Baths Basement: 0
  • Full Baths Main: 2
  • Full Baths MU: 2
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 6
  • Bedrooms MU: 6
  • Bedrooms Total: 7

Property History for 5015 East Michigan Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5015 East Michigan Street

Taxable ValueLand$15,100Additions$65,800Total$80,900
Tax Record2023$1,920 ($160 / month)
Home Facts
Beds3Total Finished SqFt1,128 SqFtAbove Grade Finished SqFt1,128 SqFtStories1Lot Size3,180 SqFtStyleSingle Family ResidenceYear Built1930Year Renovated1965ZoningZO01CountyMARIONAPN49-10-04-144-148.000-101

Schools near 5015 East Michigan Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - K to 6
Rating
School
Distance
George W. Julian School 57
PublicPK to 8

Arsenal Technical High School
Public9 to 12

Theodore Potter School 74
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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5015 East Michigan Street is a single family home for sale in Indianapolis, IN 46201. This property was listed for sale on November 21, 2024 by AMR Real Estate LLC, it's currently listed at $180,000. It has been on the market for a total of 1 days and was last sold on July 29, 2009. This listing's school district is Indianapolis Public Schools. Nearby schools include George W. Julian School 57, George Washington Community High School (9-12) and Arsenal Technical High School. 5015 East Michigan Street is a 7-bed, 2-bath, 2,866 sqft single family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of AMR Real Estate LLC

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.