, Indianapolis, Marion County, Indiana 46236, USA

IN, Indianapolis
$550,000
  • 0.30 Acre
  • Residential Income Property Type
  • 2005 Year Built
  • Active Status
Steven M
Steven M Realtyna
  • (302) 525 8222
  • (302) 525 8222
  • Support@Realtyna.com
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
  • (302) 525 8222
Property Description

INVESTMENT OPPORTUNITY, 5704 ~ 5706 STATE HIGHWAY 20 SPRINGFIELD CENTER, NEW YORK HOP HOUSE LODGE ~ Built in 2005, as an investment rental property, this large two-family property has been meticulously maintained. Rental history is consistent and updates and modifications have been made regularly. The front, rear and second floor porches are mahogany. The house is vinyl sided and trimmed. A spacious backyard is private and the back porch expands to a sweet sitting area in front of the very convenient coin operated large laundry room (160 square feet) with tables for folding and extra storage for tenants. East side (960 square feet) first floor has radiant heat (propane fired), open floor plan with kitchen, dining, living areas, as well as a powder room. The kitchen is well appointed with the original hickory cabinets, a 4-burner propane stove/oven and refrigerator. Space for a small island completes this area. The second-floor master has ample closets and a lovely balcony for reading and relaxing. An additional full bath for master and second bedroom completes the second floor. Lovely landing and easy staircase. All custom woodwork is finished and trimmed in butternut. The backdoor opens to an expansive porch and lawns for playing, gardening and grilling. West side (960 square feet) mirrors the east. MECHANICALS ~ Built in 2005 on a slab with buried four-foot walls and footers. Original roof, 30-year asphalt shingle. (2005) Easy exterior access to basement for mechanicals. Original furnace, Well McLain, AMTROL boiler expansion tank, pressure tank, new well pump 2022 and back-up holding tank (never used). Anderson windows throughout & screens. New Septic (2021) with elevated infiltration. THE BOSC HOMESTEAD ~ This building, built in 2007, was originally built as a commercial and residential property. The first floor was initially a restaurant named "Banana Dan’s". "Banana Dan’s" closed its doors and the first floor has been recently renovated (Spring 2022). Large open and spacious floor plan, recessed lighting, new tiled flooring, hickory cabinets, tiled backsplash, touch lights, Frigidaire Refrigerator, Maytag Microwave, GE 4 burner/griddle oven/stove propane fired and a hall coat closet. Tiled hallway, wide (handicap capability), as well as space for washer/dryer. Bonus room off hallway for nursery, office or work out space. Large master bedroom with door to deck and rear private fenced backyard. Great for entertaining and relaxing. Master bathroom, mahogany trim, completely renovated summer 2022. Ample parking is available. MECHANICALS ~ Built in 2007, new Triangle-Tube Propane Boiler for the Radiant heat on the first level. Exterior Bilco door access to the basement. One well services both properties, new well pump 2022. Located in Springfield, this property has deeded lake rights to "Springfield Landing", the beachfront and lake access for boating on Otsego Lake, only a couple miles away, BIG BONUS! Otsego Lake, 167 in depth, is an 8 mile long, 4000+ acre gem with Cooperstown, a gem itself, at its southern edge. From Council Rock Park one can see the source of the Susquehanna River, as it heads South 444 miles to the Chesapeake Bay. During the summer season the population more than doubles with boating, baseball and opera enthusiasts. Albany International Airport is east, approximately 60 miles and Syracuse Hancock International Airport is west, approximately 85 miles. Great location! Do not hesitate to contact the office for financials.

Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 21907246
  • Price: $550,000
  • Year Built: 2005
  • Lot Area: 0.30 Acre
  • Status: Active
  • Waterfront: Yes
  • Office Name: F.C. Tucker Company
  • Agent Name: Paul Bates
  • Full Bathrooms: 5
  • Property Sub Type: Multi-Unit (2-4)
Features
  • Heating System Forced Air,Gas
  • Cooling System Central Electric
  • Basement Finished,Sump Pump,Walk Out,Ceiling - 9+ feet
  • Fireplace Gas Log,Two Sided
  • Patio Covered Patio,Deck Main Level,Open Patio
  • Parking Garage Door Opener,Concrete,Attached
  • Utilities Sewer Connected,Cable Connected,Water Connected,Gas
  • Waterfront Features Lake Front,Waterfront,Lake Privileges,On Reservoir
  • Architectural Style Two Story
  • Exterior Features Boat Slip,Dock,Sprinkler System
  • Fireplaces Total: 1
  • Interior Features Wet Bar,Pantry,Breakfast Bar,Hardwood Floors,Walk-in Closet(s),Attic Access,Center Island,Paddle Fan,Raised Ceiling(s)
Appliances
  • Dishwasher
  • Disposal
  • Gas Water Heater
  • Refrigerator
  • Gas Cooktop
  • Microwave
  • Double Oven
  • Water Softener Owned
Address Map
  • Country US
  • State IN
  • County Marion
  • City Indianapolis
  • Zipcode 46236
  • Street: Seafan
  • Street Number: 11562
  • Street Suffix: Court
  • Longitude: W86° 2' 18''
  • Latitude: N39° 54' 42.9''
  • Mls Area Major: 4904 - Marion - Lawrence
Neighborhood
  • High School District: MSD Lawrence Township
Additional Information
  • Water Source: Municipal/City
  • Community Features: Sidewalks
  • Construction Materials: Brick,Cement Siding
  • Electric: 200+ Amp Service
  • Foundation Details: Concrete Perimeter
  • Garage: 3
  • Levels: Two
  • Previous Price: 1550000
Financial
  • Association: Yes
  • Association Fee: 475
  • Association Fee Frequency: Annually
  • Association Fee Includes: Insurance,Management,Maintenance,Association Home Owners
Listing Information
  • Status Change Timestamp: 2023-09-01T05:05:06Z
  • Co List Agent Full Name: Melissa Haley
  • Co List Agent Mls Id: 45196
  • Co List Office Mls Id: TUCK06
  • Co List Office Name: F.C. Tucker Company
  • List Agent Mls Id: 10199
  • List Office Mls Id: TUCK06
  • Mls Status: Expired
  • Modification Timestamp: 2024-01-24T09:20:45Z
  • Originating System Name: Demo
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