RENTED OCT 6, 2025

Estimated Value: $169,367 - $204,000

2 Beds
1 Bath
764 Sq Ft
$251/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Bungalow
  • Forced Air Heating and Cooling System
  • No HOA
  • 1-Story Property
  • Combination Dining and Living Room

About This Home

As of October 2025

Enjoy the charm of this delightful 2-bedroom home located at 1621 E 49th St in the heart of Indianapolis, IN. This lovely rental property offers a cozy 863 sq ft of living space, perfectly designed for comfort and convenience. Step inside to find beautifully maintained hardwood floors that add warmth and elegance to every room. The full bathroom is both stylish and functional, providing everything you need for your daily routines. With a layout that maximizes space and natural light, this home creates an inviting atmosphere for relaxation and entertaining. The property's prime location offers easy access to local amenities, enhancing your living experience with nearby dining, shopping, and entertainment options. Whether you're enjoying a quiet evening at home or exploring the vibrant neighborhood, this rental provides a wonderful backdrop for your lifestyle. The welcoming ambiance and practical features make 1621 E 49th St a perfect place to call home. Don't miss the opportunity to make this charming house your next residence! All of our residents are enrolled in the Resident Benefits Package (RBP) for $36.95/month which includes credit building to help boost the resident's credit score with timely rent payments, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! More details upon application. Deposit varies based on screening results. Rent Guarantee policy from theGuarantors required.

Last Agent to Rent the Property

Mark Jones

PMI Midwest License #RB14036355 Listed on: 06/26/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 4,835 Sq Ft Lot

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 764 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Fire and Smoke Detector
  • Electric Oven
  • Laundry in unit
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Bellaire Subdivision
  • Property managed by PMI Midwest

Listing and Financial Details

  • Property Available on 6/26/25
  • Tenant pays for all utilities
  • The owner pays for no utilities
  • 12-Month Minimum Lease Term
  • $65 Application Fee
  • Tax Lot 490707139236000801
  • Assessor Parcel Number 490707139236000801

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Rental Info

  • Available Date: 2025-06-26
  • Lease Amount: 1199
  • Lease Term: 12 Months
  • Tenant Pays: All Utilities
  • Min Lease Req: 12
  • Security Deposit: 0
  • Smoking: No
  • Application Fee: 65
  • Application Website: https://www.indianapolispropertymanagementinc.com/indianapolis-homes-for-rent/2412/1621-e-49th-st-indianapolis-in-46205-1315

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1940
  • Building Area Total: 1528
  • Garage Y N: No
  • Lot Size Acres: 0.11
  • Subdivision Name: Bellaire
  • Transaction Type: Lease
  • Website: https://www.indianapolispropertymanagementinc.com/indianapolis-homes-for-rent/2412/1621-e-49th-st-indianapolis-in-46205-1315
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: Electric Oven, Refrigerator, Electric Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • Living Area: 764
  • Other Equipment: Smoke Alarm
  • Owner Pays: No Utilities
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 764
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Block

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Laundry Features: In Unit
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No
  • Pets Allowed: No
  • Property Management Company: PMI Midwest
  • Property Management Company Phone: 317-546-3482

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 4835
  • Parcel Number: 490707139236000801
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 1976
  • Tax Lot: 490707139236000801
  • Semi Annual Property Tax Amt: 988

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2011
Sold by
Wickers Erlene
Bought by
Copasetic Construction Llc
Current Estimated Value
$192,092
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Copasetic Construction Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2025 10/06/25 Rented $1,199 0.0% --
09/19/2025 09/19/25 Under Contract -- -- --
08/21/2025 08/21/25 Price Changed $1,199 -4.0% $2 / Sq Ft
07/24/2025 07/24/25 Price Changed $1,249 -3.8% $2 / Sq Ft
06/26/2025 06/26/25 For Rent $1,299 +30.0% --
04/08/2024 04/08/24 Rented $999 0.0% --
02/15/2024 02/15/24 Price Changed $999 -4.8% $1 / Sq Ft
11/17/2023 11/17/23 Price Changed $1,049 -4.5% $1 / Sq Ft
11/08/2023 11/08/23 Price Changed $1,099 -8.3% $1 / Sq Ft
10/26/2023 10/26/23 Price Changed $1,199 -4.0% $1 / Sq Ft
10/13/2023 10/13/23 Price Changed $1,249 -3.8% $1 / Sq Ft
10/02/2023 10/02/23 For Rent $1,299 +13.1% --
08/02/2022 08/02/22 Rented $1,149 0.0% --
06/08/2022 06/08/22 For Rent $1,149 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

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
2024 $2,045 $83,300 $25,500 $57,800
2023 $2,045 $83,300 $25,500 $57,800
2022 $2,044 $80,900 $25,500 $55,400
2021 $2,397 $101,000 $11,200 $89,800
2020 $2,189 $91,700 $11,200 $80,500
2019 $2,095 $86,000 $11,200 $74,800
2018 $2,038 $82,900 $11,200 $71,700
2017 $1,654 $86,500 $11,200 $75,300
2016 $1,843 $85,800 $11,200 $74,600
2014 $1,721 $79,600 $11,200 $68,400
2013 $1,709 $76,100 $11,200 $64,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22047424

MIBOR Broker Listing Cooperative®

APN: 49-07-07-139-236.000-801