Residential · Under Contract

2845 N Institute Street

Colorado Springs, CO 80907

4 Beds · 1 Baths · 1,742 Sq Ft

$450,000

Single Family

Property Type

0.16 acres

Lot Size

1958

Year Built

$258

Price per Sq Ft

2

Parking Spaces

5825987

MLS #

About This Property

The outdoor living at this fully updated ranch is every bit as impressive as the interior. The covered patio has room for a dining table and a lounge area with a fireplace. Warm overhead lighting and the glow of the fire turn it into a true outdoor living room after dark, so dinner easily turns into a long evening with friends. Inside, the open floor plan with hardwood floors throughout flows from the living room through the dining area and into the new kitchen, featuring stainless steel appliances and a large island with a warm slatted wood accent.

The updated bath has a subway-tiled tub surround and a wood vanity. The partially finished basement adds a giant family room with a brick fireplace and shiplap accent wall, plus a bedroom. In the unfinished area, you'll find the laundry, mechanicals and plenty of storage. Outside, there's also a landscaped lawn, raised garden beds, privacy fencing, and a detached two-car garage off the alley that has room for a workshop.

The updates aren't just cosmetic, either. Many of the big-ticket items are already handled, with a 2019 roof, a 2022 furnace and central air, and 2023 electrical service. Inside and out, this home is ready for you to make memories.

14 days on market

Listed by Susan Carol Chambless CRS & Jesse Chambless · The Platinum Group · 719-536-4444

Last updated: 10/31/2026 11:09 PM · Source: elevateMLS, MLS#: 5825987

Virtual Tour

Property Details

Key Details

Property Type Residential
Sub Type Single Family Residence
Status Active Under Contract
Price per Sq Ft $258
MLS # 5825987
Days on Market 14
Bedrooms 4
Full Baths 1

More Details

Above-Grade Sq Ft 1,025
Year Built 1958
Lot Size (Sq Ft) 6,943
Acres 0.1594
HOA Fee $0
Annual Taxes $1,281
Tax Year 2025
State CO
County El Paso

Interior

Total Rooms 11
Heating Forced Air, Natural Gas
Cooling Central Air, Electric
Flooring Carpet, Tile, Wood
Fireplace Features Basement, Masonry, Wood Burning
Appliances Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Washer, 220v in Kitchen, Kitchen Vent Fan

Exterior & Parking

Total Parking 2
Parking Features Detached
Roof Composite Shingle

Building & Lot

Basement Full Basement
Lot Features Level
Construction Wood Siding, Frame
Sewer Sewer
Water Source Public
New Construction No

Terms & Other

Listing Terms Cash, Conventional, FHA, VA Loan

Location

Price History

DateEventPrice
10/23/2026 Active Under Contract
Source: elevateMLS #5825987
—
10/17/2026 Listed for sale
Source: elevateMLS #5825987
$450,000 +69.8% $258/sqft
10/7/2019 Sold
Source: elevateMLS #2262411
$265,000 $152/sqft
9/2/2019 Price change
Source: elevateMLS #2262411
$264,888 -1.8% $152/sqft
8/22/2019 Listed for sale
Source: elevateMLS #2262411
$269,743 $155/sqft

The real estate listing information and related content displayed on this site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Listing information last updated October 31, 2026 at 11:09 PM.

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