1401 Castle Ave, Indianapolis, IN 46227
$294,900
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Home Description
This property is a double threat, it would make a great property to make your future primary residence, great quiet neighborhood and beautiful corner lot with great yard or purchase as an investment property and rent to University of Indianapolis students, home was previously rented to 6 students and market rate is currently $500 per student. That's 3,000 per month in income and current owner is always getting calls to rent this property, its only 5 minute walk to campus. This is a great ranch style, limestone exterior 4 bed 2.5 bath home very spacious in size with finished basement area and 2 car attached garage, fenced in back yard. Interior has large family room, separate dining area and a fireplace on the first floor and in the finished basement. This property can also qualify for 100% financing with no mortgage insurance with a 680 credit score....feel free to ask for more information on this program.
- Property Type: Single Family
- Style: Ranch,TraditonalAmerican
- Basement: Daylight/Lookout Windows,Full,Roughed In,Walk Out
- Garage Spaces: 2
- Acres: 1/4-1/2 Acre
- Lot Description: Corner Lot,Mature Trees,Sidewalks,Street Lights
- Siding: Stone
- Patio & Porch: Breeze Way,Porch Open
- Fencing: Partial,Privacy
Available now at $294,900
Approximate Room Sizes / Descriptions
| Kitchen | 20x8 | Main | |
| Living Room | 21x12 | Main | |
| Office | 16x12 | Main | |
| Dining Room | 17x14 | Main | |
| Laundry | 20x18 | Main | |
| Primary Bedroom | 15x12 | Main | |
| Bedroom 4 | 22x15 | Main | |
| Bedroom 2 | 13x11 | Main | |
| Bedroom 3 | 13x11 | Main | |
- Areas: Utility Room
- Interior Description: Built In Book Shelves,Eat-in Kitchen,Entrance Foyer,Hi-Speed Internet Availbl,Paddle Fan,Programmable Thermostat,Raised Ceiling(s),Skylight(s),Windows Thermal,Wood Work Stained
- Full Baths: 2
- Half Baths: 2
- Num Fireplaces: 1
- Fireplace Description: Basement,Living Room,Masonry,Woodburning Fireplce
- Appliances: Dishwasher,Dryer,Gas Oven,Gas Water Heater,MicroHood,Refrigerator,Washer,Water Softener Owned
- Eating Area: Formal Dining Room
- Equipment: Security Alarm Paid,Sump Pump
- Heating: Forced Air,Gas
- Cooling: Central Electric
- Utilities: Cable Connected,Gas
- : shane@victoryrealtyteam.com
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School Information
- School District:Indianapolis Public Schools
Financial
- Approx Payment:$1,465*
- Semi Annual Taxes:$1,574
Area Stats
These statistics are updated daily from the Metropolitan Indianapolis Board of REALTORS® Multiple Listing Service. For further analysis or
to obtain statistics not shown below please call Highgarden Real Estate at
(317) 443-5727 and speak with one of our real estate consultants.
Listing Courtesy of Victory Realty Team.
For information or to schedule a viewing of this property (MLS# 22024280), call: 317-443-5727
1401 Castle Ave, Indianapolis IN is a single family home of 4718 sqft and
is currently priced at $294,900
.
This single family home has 4 bedrooms.
In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Indianapolis, IN.
Walnut Farms, Hill Valley Estates and Southgate Farms are nearby neighborhoods.
MLS 22024280 has been posted on this site since 2/28/2025 (today).