$150,000
$190,000
21.1%For more information regarding the value of a property, please contact us for a free consultation.
4841 E Terrace AVE Indianapolis, IN 46203
2 Beds
1 Bath
780 SqFt
Key Details
Sold Price $150,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 780 sqft
Price per Sqft $192
Subdivision Emerson Terrace
MLS Listing ID 21958088
Sold Date 10/29/24
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1947
Tax Year 2023
Lot Size 0.340 Acres
Acres 0.34
Property Description
MOTIVATED SELLER!Unique opportunity to own 3 contiguous lots for either an owner occupant or investor for income production. The 3 lots have a storage building, 2 bedroom/1 bath residential unit/Apartment and a large 2 bay mechanics garage (NOT ZONED COMMERCIAL). The mechanics garage is heated and cooled. There is a bathroom, office and large entry area. Both garage bays have oversized garage doors for servicing larger vehicles. While zoned residentially, the owner successfully worked out of this space for nearly 50 years servicing vehicles. The residential unit has a working kitchen and laundry, large bedroom with door to outside courtyard. There is a large patio connecting the residential unit to the storage building. Storage building currently being leased. Own and occupy all 3 buildings or own and lease all three. The potential for this unique property is vast.
Location
State IN
County Marion
Rooms
Main Level Bedrooms 2
Interior
Interior Features Eat-in Kitchen
Heating Forced Air
Cooling Central Electric
Fireplace N
Appliance Electric Cooktop, Refrigerator
Exterior
Exterior Feature Out Building With Utilities, Storage Shed
Garage Spaces 1.0
View Y/N false
Building
Story One
Foundation Slab
Water Municipal/City
Architectural Style TraditonalAmerican
Structure Type Wood Siding
New Construction false
Schools
School District Indianapolis Public Schools
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