1517 N Alabama Indianapolis IN 46202
A rare chance to own in the Old Northside… the perfect blend of walkability in a Quiet Neighborhood!
or check out the Old Northside’s www.UcouldBeHome.com Multi Media Property Tour
*See Recent Improvements & Home Flyer for all updates
Yes! Prices increase the closer to downtown you buy and live and so does the value and enjoyment that comes with an Urban lifestyle that includes a high degree of walkability.
The Old Northside proves it’s still all about LOCATION, LOCATION & LOCATION when you get a quiet and charming neighborhood with parks and schools close by and yet you are also a few blocks from Mass Ave and even closer to the vibrant 16th St corridor with food destinations like the Foundry, Tinker St & so much more that’s on the way!
This home is 14 years “New,” vs the typical 80+ yr old home in the Old North Side. That means you get a deceivingly traditional exterior with a refreshingly contemporary, crisp/bright loft-like interior that boasts tall ceilings, full hardwoods throughout and a huge yard that’s perfect for entertaining, pets & just putting down roots.
You’ll love the 4 Bedrooms and 2.5 Baths, the Screened Porch, and the oversized 3 car garage big enough to hold a 4th car and that’s perfect for a carriage house on top (like so many homes in the Old Northside) or take the front section of the garage and end up with a 3 car and a party room that opens on to the backyard or yes do both!
Also, when you look at homes downtown it’s not that unusual to find 1.5 story homes with finished attics, 2 story places, and even 2.5 story homes that have also finished attics. So, don’t be misled by a listing sheet or an agent that treats a finished attic square footage like it’s worth the same amount as 1st or 2nd-floor square feet!
It’s always cheaper to “go up vs spreading out” which requires having a larger foundation (basement,crawl or Cellar) and typically also requires larger lots. Just like appraisers that don’t typically compare a ranch home with a two-story home they typically won’t, and you shouldn’t, compare this true two-story home with a 1.5 story or with a 2.5 story home without first making an adjustment that substantially lowers the value of all half-story square footage.
And, please don’t be fooled into thinking that a damp cellar on an 80 plus-year-old home is somehow better than a crawl space on newer built home! In fact that older cellar often time brings structural issues and defects that translate into increased repair and maintenance costs down the road.
SEE THIS ONE & YOU COULD BE HOME!