Wednesday, May 20, 2009

Deal #1: Serene French Chateau in Indianapolis

7919 MORNINGSIDE DR, Indianapolis, IN 46240
$745,000


The North Side of Indianapolis has its prestigious suburbs, but for those that choose to stay within the loop, there are some viable alternatives. One is this historic 1920's mansion. It is located in Williams Creek Estates, a prominent incorporated village that is said to have its own government. Homes on these landmark streets have belonged to early 20th century entrepreneurs and other Indianapolis celebrities. Prices average out at about $1.5 million, but some are worth as much as $5+ million.


This four-bedroom home sits on an acre of land and has over 5000 square feet (above grade). It also has a basement. The attention to detail is incredible, including period leaded glass windows and an authentic porte cochere. Amenities include an outdoor pool with an adjacent pool house. It is said to need renovations but is currently priced at half of its original listing price of $1.5 million. A great opportunity to live on one of Indy's most famous streets, the property is listed here.