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2062 N Park Avenue

Indianapolis, IN 46202

3 beds
4 baths
2,568 sqft
5,401 sqft lot
$173 per sqft
2006 build

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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.

Listing courtesy of MIBOR / Envoy Real Estate, LLC

Last checked: Checking… • Last updated Nov 20, 2024 •

MLS# 21998205 —

The Building

Year Built:

2006
New Construction:

false
Construction Materials:

Brick, Cement Siding
Architectural Style:

TraditonalAmerican
Levels:

Two
Basement:

true
Basement:

Finished, Full
Foundation Details:

Concrete Perimeter, Full
Patio And Porch Features:

Covered Porch, Porch Open
Exterior Features:

Balcony, Carriage/Guest House
Accessibility Features:

No
Green Certification:

No
Upper SqFt:

856
Building Area Total:

2568
Below Grade Finished Area:

856

Interior

Rooms:

7
Rooms Total:

9
Rooms Total:

7
Interior Features:

Attic Access, Center Island, Pantry, Programmable Thermostat, Screens Some, Walk-in Closet(s), Wet Bar, Windows Vinyl
Other Equipment:

Radon System, Smoke Alarm, Sump Pump
Eating Area:

Dining Combo/Kitchen
Laundry Features:

Laundry Closet, In Basement

Room Dimensions

SqFt:

1712
Main Level SqFt:

856
Living Area:

2568

Financial & Terms

Buyer Financing:

Conventional

Location

Directions:

GPS Friendly
Latitude:

39.795548
Longitude:

-86.147365

The Property

View:

true
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Parcel Number:

490636173015000101
Acres:

<1/4 Acre
Lot Features:

Access, Sidewalks
Lot Size Acres:

0.12
Lot Size SqFt:

5,401 Sqft
Price Per Acre:

3708333
Additional Parcels:

false
View:

false
Waterfront:

false
Fencing:

Fence Complete, Fence Full Rear, Privacy, Gate
Horse Amenities:

None
Fence:

Yes

Listing Agent

Contact info:

Taxes

Tax Lot:

14
Tax Year:

2023
Semi Annual Property Tax Amt:

5146

Beds

Beds:

3
Bedrooms:

3
Bedrooms Total:

3
Primary Bedroom Description:

Balcony
# of Bedrooms Upper:

3

Baths

Baths:

4
Full Baths:

3
Full Baths:

2
Half Baths:

1
Half Baths:

1
Half Baths Main:

1
Full Baths Upper:

2
Full Baths Basement:

1

Heating & Cooling

Heating:

Electric, Forced Air
Cooling:

Central Electric
Fuel:

No Fuel Source

Utilities

Utilities:

Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Water Source:

Municipal/City
Solid Waste:

No

Appliances

Appliances:

Dishwasher, Dryer, Electric Water Heater, Disposal, MicroHood, Microwave, Electric Oven, Refrigerator, Washer, Water Softener Owned

Schools

High School District:

Indianapolis Public Schools

The Community

Subdivision Name:

Ruckle & Hamlins Sub Johnson Heirs Add
Association:

false

Parking

Parking Features:

Alley Access, Detached, Concrete, Garage Door Opener
Garage:

true
Garage Spaces:

3
Garage/Parking:

Finished Garage,Garage Door Opener,Guest Street Parking,Service Door
Garage SqFt:

720

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Max Internet Speed

AT&T Internet

Provided by BroadbandNow®

Utility Costs

$130/mo.

Estimate provided by ClearlyEnergy

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Sale history

Date	Event	Source	Price	% Change
11/14/24 Nov 14, 2024	Sold	MIBOR	$445,000	-3.3%
10/3/24 Oct 3, 2024	Pending	MIBOR	$460,000
9/11/24 Sep 11, 2024	Price Changed	MIBOR	$460,000	-2.1%

House Sold on 11/14/2024

$445,000

Listing provided by broker:

Bradley Untrauer

Envoy Real Estate, LLC

brad.untrauer@envoycompanies.com

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Listing Courtesy of: MIBOR and Envoy Real Estate, LLC.

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service

2062 N Park Avenue

Indianapolis, IN 46202