NOT LISTED FOR SALE

229 E Morris St Indianapolis, IN 46225

Bates-Hendricks Neighborhood

Estimated Value: $161,000 - $184,000

3 Beds
1 Bath
1,181 Sq Ft
$144/Sq Ft Est. Value

Last Sold April 03, 2025

Last sale price $159,500 $135 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,148/month

13 Days on Market

Highlights

  • Downtown View
  • No HOA
  • Carpet
  • Traditional Architecture
  • Woodwork
  • 2-minute walk to Hendricks Park

About This Home

As of April 2025

EXCLUSIVE OPPORTUNITY to grab a fixer-upper with "good bones" AND support Riley Children's Hospital. This rare chance awaits in sought-after Bates Hendricks - this diamond in the rough with unlimited potential is available for a limited time, with 100% of proceeds benefiting Riley Children's Hospital. Time is of the essence as this cash-only auction ends March 24th at 12:00pm sharp. Behind its current challenges lies a solid foundation waiting for your vision. Yes, there's an active water leak (location undetermined) and the property will require significant renovation - possibly a complete gut - but experienced investors recognize the extraordinary value proposition here. The home has three bedrooms, one bath and a basement. Location is everything in real estate, and this property delivers. Enjoy morning walks to Hendricks Park and convenient access to downtown amenities. Whether you're planning to flip for profit or establish a rental income stream, this property's prime position provides the essential foundation for success. This auction represents both a smart investment and a chance to support a vital community institution. Register now at Christys.com to participate in this cash-only auction. Additional property details available upon request. Don't miss this opportunity to transform a property with potential while making a meaningful difference for children in need.

Last Agent to Sell the Property

Jake Stiles

Coldwell Banker Stiles Brokerage Email: jake@cbstiles.com License #RB14032222 Listed on: 03/12/2025

Coldwell Banker Stiles

Last Buyer's Agent

Lisa Jines-Plessinger

Christy's of Indiana

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,012

Year Built

  • Built in 1955

Lot Details

  • 4,400 Sq Ft Lot

Property Views

  • Downtown
  • Creek or Stream

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,181 Sq Ft Home
  • 1.5-Story Property
  • Woodwork
  • Basement

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Emmerich Manual High School

Utilities

  • Window Unit Cooling System
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 491113159012000101
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,012

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1955
  • Building Area Total: 1693
  • Garage Y N: No
  • Lot Size Acres: 0.1
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Website: https://bids.christys.com/auctions/41626/lot/6380335-229-e-morris-st-indpls-46225
  • Accessibility Features YN: No
  • MBR_AttributionContact: jake@cbstiles.com
  • Attribution Contact: jake@cbstiles.com
  • Special Features: 4160

Interior Features

  • Basement: Yes
  • Appliances: None
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Wood Work Stained
  • Living Area: 1181
  • Eating Area: Other Eating Area
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1181
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Brick
  • Direction Faces: North
  • Foundation Details: Block
  • View: City, Creek/Stream, Downtown
  • View Y N: Yes
  • Waterfront: No

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: None, Window Unit(s)
  • Heating: Electric
  • Water Source: Municipal/City
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Access
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 4400
  • Parcel Number: 491113159012000101
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3012
  • Tax Lot: 49
  • Semi Annual Property Tax Amt: 1506
  • Tax Exemption: None

MLS Schools

  • High School: Emmerich Manual High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2025
Sold by
Abbas Zaffar
Bought by
Ann Ventures Llc
Current Estimated Value
$169,879

Purchase Details

Listed on
Mar 12, 2025
Closed on
Apr 3, 2025
Sold by
Robert A Fields Revocable Living Trust and Slater George G
Bought by
Abbas Zaffar
Seller's Agent
Jake Stiles
Coldwell Banker Stiles
Buyer's Agent
Lisa Jines-Plessinger
Christy's of Indiana
List Price
$20,000
Sold Price
$159,500
Premium/Discount to List
$139,500
697.5%
Views
126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%

Purchase Details

Closed on
Nov 30, 2020
Sold by
Fields Robert A
Bought by
Fields Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ann Ventures Llc -- Quality Title
Abbas Zaffar $159,500 None Listed On Document
Fields Trust -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2025 04/03/25 Sold $159,500 +697.5% $135 / Sq Ft
03/25/2025 03/25/25 Pending -- -- --
03/12/2025 03/12/25 For Sale $20,000 -- $17 / Sq Ft
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 $3,100 $132,200 $21,800 $110,400
2023 $3,100 $127,000 $21,800 $105,200
2022 $2,931 $120,500 $21,800 $98,700
2021 $2,663 $111,800 $21,800 $90,000
2020 $2,316 $100,000 $21,800 $78,200
2019 $2,469 $104,600 $3,600 $101,000
2018 $2,049 $82,700 $3,600 $79,100
2017 $1,810 $81,600 $3,600 $78,000
2016 $1,674 $75,700 $3,600 $72,100
2014 $1,587 $73,400 $3,600 $69,800
2013 $1,613 $73,400 $3,600 $69,800
Source: Public Records

Agents Affiliated with this Home

  • Jake Stiles

    Seller's Agent in 2025

    Jake Stiles

    Coldwell Banker Stiles

    (317) 201-4092

    3 in this area

    366 Total Sales

    Jake Stiles
    Section Image

  • L

    Buyer's Agent in 2025

    Lisa Jines-Plessinger

    Christy's of Indiana

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22025654

MIBOR Broker Listing Cooperative®

APN: 49-11-13-159-012.000-101

Indiana Marion County Indianapolis 46225 Bates-Hendricks

229 E Morris St, Indianapolis, IN

Not Listed for Sale

Detached

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