142 S 5th Ave Beech Grove, IN 46107
Estimated payment $1,942/month
Highlights
- Traditional Architecture
- Covered Patio or Porch
- 1 Car Detached Garage
- No HOA
- Formal Dining Room
- 1-Story Property
About This Home
Rare Opportunity: Move-in Ready Home with Income Potential! This charming 2BR/1BA residence in Beech Grove offers much more than meets the eye. Inside, enjoy updated flooring and light-filled living spaces that feel fresh and modern. * The true value-add is the fully converted detached apartment. This versatile space provides an immediate solution for a private home office or a high-demand rental unit to help offset your mortgage. * Both units are fully furnished and have been used as mid-term rentals for travelling professionals at a combined market rent of $3,200/month ($1,850 front / $1,350 back) The roof was replaced 2024; appliances are updated; and both units are vacant and ready Situated near local amenities and parks, this property combines the character of a classic home with the flexibility of a multi-functional estate.
Listing Agent
Keller Williams Indy Metro S Brokerage Email: gloria@gearregroup.com License #RB16001575 Listed on: 04/21/2026
Open House Schedule
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Saturday, May 2, 20261:00 to 3:00 pm5/2/2026 1:00:00 PM +00:005/2/2026 3:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,930
Year Built
- Built in 1928
Parking
- 1 Car Detached Garage
Home Design
- Traditional Architecture
- Block Foundation
- Aluminum Siding
Interior Spaces
- 1,176 Sq Ft Home
- 1-Story Property
- Formal Dining Room
- Vinyl Plank Flooring
- Attic Access Panel
- Electric Oven
- Unfinished Basement
Bedrooms and Bathrooms
- 3 Bedrooms
Schools
- Hornet Park Elementary School
- Beech Grove Middle School
- South Grove Intermediate School
- Beech Grove Sr High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Additional Features
- Covered Patio or Porch
- 5,314 Sq Ft Lot
Community Details
- No Home Owners Association
- Beech Grove Subdivision
Listing and Financial Details
- Legal Lot and Block 11 / A
- Assessor Parcel Number 491028113065000502
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,930 | $222,100 | $17,000 | $205,100 |
| 2024 | $5,326 | $215,200 | $17,000 | $198,200 |
| 2023 | $5,326 | $190,900 | $17,000 | $173,900 |
| 2022 | $5,031 | $175,800 | $17,000 | $158,800 |
| 2021 | $4,408 | $159,100 | $17,000 | $142,100 |
| 2020 | $3,732 | $143,300 | $17,000 | $126,300 |
| 2019 | $3,498 | $139,400 | $14,000 | $125,400 |
| 2018 | $2,921 | $120,600 | $14,000 | $106,600 |
| 2017 | $2,965 | $118,400 | $14,000 | $104,400 |
| 2016 | $2,843 | $114,700 | $14,000 | $100,700 |
| 2014 | $2,428 | $103,700 | $14,000 | $89,700 |
| 2013 | $1,022 | $91,700 | $14,000 | $77,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/21/2026 04/21/26 | For Sale | $275,000 | +31.0% | $234 / Sq Ft | |
| 11/10/2023 11/10/23 | Sold | $209,900 | 0.0% | $168 / Sq Ft | View Prior Sale |
| 10/01/2023 10/01/23 | Pending | -- | -- | -- | |
| 09/26/2023 09/26/23 | Price Changed | $209,900 | -4.5% | $168 / Sq Ft | |
| 09/11/2023 09/11/23 | Price Changed | $219,900 | -2.2% | $176 / Sq Ft | |
| 08/24/2023 08/24/23 | For Sale | $224,900 | +542.6% | $180 / Sq Ft | |
| 01/26/2015 01/26/15 | Sold | $35,000 | -22.2% | $20 / Sq Ft | View Prior Sale |
| 01/12/2015 01/12/15 | Price Changed | $45,000 | 0.0% | $26 / Sq Ft | |
| 01/07/2015 01/07/15 | Pending | -- | -- | -- | |
| 10/28/2014 10/28/14 | For Sale | $45,000 | -- | $26 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $209,900 | None Listed On Document | |
| Warranty Deed | -- | Quality Title | |
| Special Warranty Deed | -- | None Available | |
| Limited Warranty Deed | -- | None Available | |
| Sheriffs Deed | $35,500 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $167,920 | New Conventional |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22093633
APN: 49-10-28-113-065.000-502
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Ask me questions while you tour the home.