2220 E 46th St Indianapolis, IN 46205
Fairgrounds NeighborhoodEstimated payment $1,069/month
Highlights
- No HOA
- Bungalow
- Central Air
- Walk-In Closet
- 1-Story Property
- Combination Kitchen and Dining Room
About This Home
Investment Opportunity in SoBro! Located on a desirable corner lot with easy access to the Nickel Plate Trail, this property makes an excellent long-term hold. The home offers two bedrooms, a versatile bonus room that can serve as an office or additional living space, and convenient main-level laundry. The spacious primary suite includes a walk-in closet. Main floor has one full bathroom. Basement has ample opportunity - add egress window for potential additional bedrooms. Additional full bath in the basement, not in use currently. Outdoor features include a screened-in porch and a fenced front yard. Currently leased to long-term tenants at $1,295/month through March 31, 2026, this property provides immediate rental income and stability for your portfolio.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,766
Year Built
- Built in 1990
Home Design
- Bungalow
- Block Foundation
- Vinyl Siding
Interior Spaces
- 1,288 Sq Ft Home
- 1-Story Property
- Combination Kitchen and Dining Room
- Carpet
- Gas Cooktop
- Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Additional Features
- 5,445 Sq Ft Lot
- Central Air
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 801
- Assessor Parcel Number 490707139781000801
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 |
|---|---|---|---|---|
| 2024 | $2,854 | $116,600 | $26,800 | $89,800 |
| 2023 | $2,854 | $116,600 | $26,800 | $89,800 |
| 2022 | $2,613 | $112,900 | $26,800 | $86,100 |
| 2021 | $2,613 | $109,600 | $11,700 | $97,900 |
| 2020 | $1,506 | $100,900 | $11,700 | $89,200 |
| 2019 | $2,232 | $94,500 | $11,700 | $82,800 |
| 2018 | $2,414 | $97,500 | $11,700 | $85,800 |
| 2017 | $488 | $92,000 | $11,700 | $80,300 |
| 2016 | $308 | $88,400 | $11,700 | $76,700 |
| 2014 | $260 | $82,300 | $11,700 | $70,600 |
| 2013 | $543 | $78,700 | $11,700 | $67,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/20/2025 11/20/25 | Price Changed | $159,000 | -3.5% | $123 / Sq Ft | |
| 10/07/2025 10/07/25 | Price Changed | $164,765 | -5.7% | $128 / Sq Ft | |
| 09/26/2025 09/26/25 | For Sale | $174,765 | +58.9% | $136 / Sq Ft | |
| 03/22/2021 03/22/21 | Sold | $110,000 | -4.3% | $46 / Sq Ft | View Prior Sale |
| 12/31/2020 12/31/20 | Pending | -- | -- | -- | |
| 11/24/2020 11/24/20 | Price Changed | $114,900 | -8.0% | $48 / Sq Ft | |
| 11/05/2020 11/05/20 | For Sale | $124,900 | 0.0% | $52 / Sq Ft | |
| 07/05/2019 07/05/19 | Rented | $800 | -5.9% | -- | |
| 06/26/2019 06/26/19 | Under Contract | -- | -- | -- | |
| 06/07/2019 06/07/19 | Price Changed | $850 | -5.6% | $0 / Sq Ft | |
| 05/22/2019 05/22/19 | Price Changed | $900 | -10.0% | $0 / Sq Ft | |
| 03/29/2019 03/29/19 | For Rent | $1,000 | 0.0% | -- | |
| 01/16/2019 01/16/19 | Sold | $50,000 | -23.1% | $21 / Sq Ft | View Prior Sale |
| 11/23/2018 11/23/18 | Pending | -- | -- | -- | |
| 11/05/2018 11/05/18 | For Sale | $65,000 | -- | $27 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Chicago Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | -- | None Available | |
| Grant Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $88,000 | New Conventional | |
| Previous Owner | $37,500 | New Conventional |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22065193
APN: 49-07-07-139-781.000-801
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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