RENTED JUN 9, 2025

1803 Ellen Dr Indianapolis, IN 46224

Estimated Value: $216,403 - $248,000

2 Beds
1 Bath
1,440 Sq Ft
$161/Sq Ft Est. Value

Highlights

  • Updated Kitchen
  • Mature Trees
  • Covered Patio or Porch
  • Speedway Junior High School Rated A
  • No HOA
  • Wood Frame Window

About This Home

As of June 2025

Cozy 2-bedroom, 1-bath home in Speedway, just a short drive from the Indianapolis Motor Speedway. Includes an electric stove, refrigerator, and washer/dryer hookups in the basement. You'll have a spacious front yard, a large fenced-in backyard, and a 1-car detached garage with plenty of driveway parking. A comfortable place with a great location close to all that Speedway has to offer.

Last Agent to Rent the Property

Evona Watson

Triple E Realty, LLC Brokerage Email: evona@tripleerealty.com License #RB14038857 Listed on: 02/19/2025

Co-Listed By

Nathan Schroth

Triple E Realty, LLC Brokerage Email: evona@tripleerealty.com License #RB20000679

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

  • 6,011 Sq Ft Lot
  • Mature Trees

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Thermal Windows
  • Wood Frame Window
  • Entrance Foyer
  • Family or Dining Combination
  • Utility Room
  • Washer and Dryer Hookup
  • Vinyl Plank Flooring
  • Finished Basement

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Electric Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

  • Speedway Junior High School
  • Speedway Senior High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Schloss Home Place Subdivision
  • Property managed by Triple E Property Management

Listing and Financial Details

  • Security Deposit $1,550
  • Property Available on 4/15/25
  • Tenant pays for all utilities
  • The owner pays for no utilities
  • 12-Month Minimum Lease Term
  • $50 Application Fee
  • Tax Lot 443
  • Assessor Parcel Number 490536116002000914

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2025-04-15
  • Lease Amount: 1550
  • Lease Term: 12 Months
  • Tenant Pays: All Utilities
  • Min Lease Req: 12
  • Pet Deposit: 200
  • Security Deposit: 1550
  • Application Fee: 50
  • Pet Rental Amount: 25
  • Application Website: https://3epropertymgt.com/Contact_Us.aspx

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1942
  • Building Area Total: 1440
  • Co List Office Phone: 317-210-3637
  • Garage Y N: Yes
  • Lot Size Acres: 0.14
  • Subdivision Name: Schloss Home Place
  • Transaction Type: Lease
  • Accessibility Features YN: No
  • MBR_AttributionContact: evona@tripleerealty.com
  • Attribution Contact: evona@tripleerealty.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Gas Water Heater, Laundry Connection in Unit, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 576
  • Interior Amenities: Windows Thermal, Windows Wood, Wood Work Stained, Eat-in Kitchen, Entrance Foyer
  • Living Area: 1440
  • Other Equipment: Not Applicable
  • Owner Pays: No Utilities
  • Areas Interior: Utility Room
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 864
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Some Updates
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Fence Full Rear
  • Foundation Details: Block
  • Patio And Porch Features: Covered Porch

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached
  • Garage Parking Other: Keyless Entry

Utilities

  • Heating: Forced Air, Natural Gas
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No
  • Pets Allowed: W/Approval
  • Property Management Company: Triple E Property Management
  • Property Management Company Contact: Diego
  • Property Management Company Phone: 317-771-2372

Schools

  • Middle Or Junior School: Speedway Junior High School

Lot Info

  • Lot Features: Sidewalks, Mature Trees
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 6011
  • Parcel Number: 490536116002000914
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 4128
  • Tax Lot: 443
  • Semi Annual Property Tax Amt: 2064

MLS Schools

  • High School: Speedway Senior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2017
Closed on
Aug 25, 2017
Seller's Agent
Evona Watson
Triple E Realty, LLC
Buyer's Agent
Evona Watson
Triple E Realty, LLC
Sold Price
$1,050
Current Estimated Value
$224,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,841

Purchase Details

Listed on
Sep 8, 2017
Closed on
Aug 24, 2017
Sold by
Fifth Third Mtg Co
Bought by
Arkm Holdings Llc
Seller's Agent
Evona Watson
Triple E Realty, LLC
Buyer's Agent
Evona Watson
Triple E Realty, LLC
Sold Price
$1,050

Purchase Details

Closed on
May 22, 2017
Sold by
Layton John R

Purchase Details

Closed on
May 8, 2006
Sold by
Pedigo Nolan R and Pedigo Ada L
Bought by
Deem Beth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,501
Interest Rate
6.39%
Mortgage Type
FHA
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
-- $78,800 --
Arkm Holdings Llc -- Chicago Title
-- $78,800 --
Deem Beth A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deem Beth A $95,501
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2025 06/09/25 Rented $1,550 0.0% --
06/04/2025 06/04/25 Under Contract -- -- --
02/19/2025 02/19/25 For Rent $1,550 +6.9% --
03/12/2024 03/12/24 Rented $1,450 0.0% --
03/02/2024 03/02/24 For Rent $1,450 +7.4% --
04/01/2023 04/01/23 Rented $1,350 0.0% --
03/30/2023 03/30/23 Under Contract -- -- --
01/18/2023 01/18/23 For Rent $1,350 +12.5% --
01/15/2021 01/15/21 Rented $1,200 0.0% --
12/23/2020 12/23/20 Under Contract -- -- --
11/23/2020 11/23/20 For Rent $1,200 +14.3% --
10/16/2018 10/16/18 Rented $1,050 0.0% --
08/25/2018 08/25/18 Under Contract -- -- --
08/15/2018 08/15/18 For Rent $1,050 0.0% --
10/03/2017 10/03/17 Rented $1,050 0.0% --
09/08/2017 09/08/17 For Rent $1,050 -- --
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 $4,272 $173,400 $11,300 $162,100
2023 $4,272 $169,500 $11,300 $158,200
2022 $4,127 $163,200 $11,300 $151,900
2021 $2,996 $118,400 $11,300 $107,100
2020 $2,844 $110,800 $11,300 $99,500
2019 $2,521 $100,600 $11,300 $89,300
2018 $2,510 $99,500 $11,300 $88,200
2017 $515 $97,200 $11,300 $85,900
2016 $428 $91,900 $11,300 $80,600
2014 $331 $86,800 $11,300 $75,500
2013 $1,984 $83,100 $11,300 $71,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22022983

MIBOR Broker Listing Cooperative®

APN: 49-05-36-116-002.000-914