RENTED JUL 18, 2025

Estimated Value: $422,000 - $470,000

3 Beds
2 Baths
1,300 Sq Ft
$343/Sq Ft Est. Value

Highlights

  • No HOA
  • Balcony
  • Walk-In Closet
  • Covered Patio or Porch
  • Built-In Features
  • Entrance Foyer

About This Home

As of July 2025

Spacious Downtown Townhome for Rent in Herron-Morton. Discover your next home in one of Indy's most vibrant neighborhoods. This spacious Herron-Morton townhome offers three large bedrooms-each with its own walk-in closet-and two full bathrooms with stylish tiled showers for a comfortable, modern living experience. The sleek kitchen features brand-new stainless steel appliances, a tastefully tiled backsplash, quartz countertops, and upgraded cabinetry. Fresh LVP flooring completes the inviting interior, while thoughtful details like built-in shelving and charming window seating add warmth and character. Basement offers generous storage and new washer and dryer units. Outside your door, you're steps from the city's best: walk to neighborhood favorites like Bocca, Baby's, and Loco, or grab drinks at 22 Gathering Place, Teas Me, or Mashcraft. Enjoy front-row access to community events like the Monumental Marathon and the Talbott Street Art Fair. Downtown is minutes away-and the new IU Health Hospital Complex is less than half a mile from your door. Don't miss your chance to call this remarkable townhome home. Schedule your tour today; some photos digitally staged.

Last Agent to Rent the Property

Tyler Willis

@properties License #RB21000475 Listed on: 05/07/2025

@properties

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1915

Lot Details

  • 1,917 Sq Ft Lot

Interior Spaces

  • 3-Story Property
  • Wired For Data
  • Built-In Features
  • Paddle Fans
  • Entrance Foyer
  • Storage
  • Attic Access Panel
  • Smart Thermostat

Kitchen

  • Electric Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

  • Sump Pump with Backup
  • Basement Storage

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • ENERGY STAR Qualified Water Heater
  • Water Purifier

Listing and Financial Details

  • Security Deposit $2,200
  • Property Available on 7/1/25
  • Tenant pays for all utilities
  • The owner pays for lawncare, no utilities, trash collection
  • $50 Application Fee
  • Tax Lot 101
  • Assessor Parcel Number 490636176193000101

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Deposit $400

Townhouse Details

Home Type

Townhome

Year Built

Built in 1915

Lot Details

1,917 Sq Ft Lot

Rental Info

  • Available Date: 2025-07-01
  • Lease Amount: 2100
  • Tenant Pays: All Utilities
  • Min Lease Req: 11
  • Pet Deposit: 400
  • Security Deposit: 2200
  • Application Fee: 50
  • Pet Deposit Refundable Y N: Yes
  • Pet Rental Amount: 25
  • Security Deposit Refundable Y N: Yes

Listing Details

  • Property Sub Type: Townhouse
  • Architectural Style: Other
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1915
  • Building Area Total: 1633
  • Garage Y N: No
  • Lot Size Acres: 0.04
  • Subdivision Name: No Subdivision
  • Transaction Type: Lease
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Storage Space, Unfinished
  • Appliances: Dishwasher, Dryer, ENERGY STAR Qualified Water Heater, Electric Water Heater, ENERGY STAR Qualified Appliances, Disposal, Exhaust Fan, Microwave, Electric Oven, Range Hood, Refrigerator, Ice Maker, Washer, Water Heater, Water Purifier
  • Levels: Three Or More
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Built-in Features, Entrance Foyer, Paddle Fan, Wired for Data, Smart Thermostat, Supplemental Storage, Walk-In Closet(s)
  • Living Area: 1300
  • Other Equipment: Sump Pump, Sump Pump w/Backup
  • Owner Pays: Lawncare, No Utilities, Trash Collection
  • Eating Area: Dining Combo/Family Room,Dining Combo/Great Room,Dining Combo/Living Room,Dining-L,Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 715
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 585

Exterior Features

  • Construction Materials: Wood Brick
  • Exterior Features: Balcony
  • Foundation Details: Other
  • Patio And Porch Features: Covered

Utilities

  • Utilities: Cable Available, Electricity Connected, Sep Electric Meter, Sep Sewer Meter, Sewer Connected, Water Connected
  • Cooling: Central Air, Heat Pump
  • Heating: Electric, Heat Pump
  • Laundry Features: In Unit
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No
  • Pets Allowed: W/Approval

Lot Info

  • Property Attached Yn: Yes
  • Horse Amenities: None
  • Lot Size Sq Ft: 1917
  • Parcel Number: 490636176193000101
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 4470
  • Tax Lot: 101
  • Semi Annual Property Tax Amt: 2235

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2023
Sold by
Freihofer Walter B
Bought by
Cornell Spring Development Group Lc
Current Estimated Value
$446,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,129
Outstanding Balance
$427,692
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$18,308

Purchase Details

Closed on
Dec 6, 2017
Sold by
Baker Stephen F
Bought by
Freihofer Walter B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cornell Spring Development Group Lc $410,000 First American Title
Freihofer Walter B -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornell Spring Development Group Lc $440,129
Previous Owner Freihofer Walter B $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2025 07/18/25 Rented $2,025 -3.6% --
07/03/2025 07/03/25 Under Contract -- -- --
06/26/2025 06/26/25 Price Changed $2,100 -3.4% $2 / Sq Ft
06/20/2025 06/20/25 Price Changed $2,175 -1.1% $2 / Sq Ft
05/07/2025 05/07/25 For Rent $2,200 0.0% --
07/01/2024 07/01/24 Rented $2,200 0.0% --
04/06/2024 04/06/24 Under Contract -- -- --
03/22/2024 03/22/24 Price Changed $2,200 -2.2% $2 / Sq Ft
03/09/2024 03/09/24 Price Changed $2,250 -2.1% $2 / Sq Ft
02/08/2024 02/08/24 Price Changed $2,299 -2.2% $2 / Sq Ft
01/04/2024 01/04/24 Price Changed $2,350 -2.1% $2 / Sq Ft
10/28/2023 10/28/23 For Rent $2,400 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,905 $465,600 $53,000 $412,600
2024 $5,056 $417,400 $53,000 $364,400
2023 $5,056 $208,900 $47,700 $161,200
2022 $4,572 $204,100 $47,700 $156,400
2021 $3,841 $162,200 $17,800 $144,400
2020 $3,738 $157,200 $17,800 $139,400
2019 $3,600 $148,400 $17,800 $130,600
2018 $3,240 $132,000 $17,800 $114,200
2017 $2,540 $115,200 $17,800 $97,400
2016 $2,229 $102,800 $17,800 $85,000
2014 $1,950 $90,200 $17,800 $72,400
2013 $1,104 $90,200 $17,800 $72,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22037583

MIBOR Broker Listing Cooperative®

APN: 49-06-36-176-193.000-101

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