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Avon, IN Multifamily Home for Sale

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    $450,000

    • 3 Beds
    • 3 Baths

    8372 E Us Highway 36, Avon, IN 46123

    Prime investment opportunity in the heart of Avon! Positioned directly on US Highway 36, this versatile property offers the rare combination of immediate cash flow, owner-occupant potential, & future development opportunities-all in one of Avon's most visible & high-demand locations. Property Highlights of Duplex Units: Unit 1: 2,562 sq ft, remodeled in 2013| 2 Bedrooms | 2 Bathrooms |

    Lindsey Winkhart RE/MAX Advanced Realty

    8372 E Us Highway 36, Avon, IN 46123

Why Live in Avon

Avon, IN, located in Hendricks County west of Indianapolis, has grown to over 23,000 residents since 2000, thanks to its family-friendly atmosphere and the highly rated Avon Community School Corporation. The city maintains a historical connection to the railroad with a major CSX Railroad railyard. Avon features a robust parks and trails system, including 30 parks and five golf courses within 7 miles of the city center. Murphy Aquatic Park, with its pools and wave pool, is a summer favorite, while Pecar Park offers playgrounds and trails. The Bicentennial and Ronald Reagan Parkway Trails are part of a developing network connecting various towns' parks. Avon High's marching band is renowned, attracting musically inclined families. The main thoroughfare is the primary route, though traffic can be heavy during rush hours. Avon lacks public transportation, except for the LINK Hendricks County bus service for seniors. The median home price is around $350,000, with newer subdivisions featuring contemporary custom houses. Shopping and dining options are along the main corridor, including the popular Opa! Greek Restaurant. Avon’s attractions include the Avon Haunted Bridge, Lucas Oil Indianapolis Raceway Park, and proximity to the Indianapolis Motor Speedway. The city has a violent crime rate lower than the national average. The Avon Police Department engages the community through events like National Night Out Against Crime. Environmental risks are minimal, with no significant concerns despite a higher-than-average tornado occurrence in Hendricks County.

Home Trends in Avon, IN

Housing Trends

Median Sale Price
$356,299
Median Single Family Sale Price
$390,000
Median Townhouse Sale Price
$282,500
Median 2 Bedroom Sale Price
$242,250
Average Price Per Sq Ft
$167
Number of Homes for Sale
210
Last 12 months Home Sales
673
Months of Supply
3.70
Median List Price
$385,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
3%
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