242 N Arsenal Ave Indianapolis, IN 46201
Holy Cross NeighborhoodEstimated payment $2,004/month
Total Views
80,395
4
Beds
2
Baths
2,805
Sq Ft
$118
Price per Sq Ft
Highlights
- Very Popular Property
- Victorian Architecture
- Formal Dining Room
- Wood Flooring
- No HOA
- 4-minute walk to Highland Park Playground
About This Home
Located at 242 N Arsenal Ave, this historic Holy Cross residence is full of character and charm, waiting for its next owner to make interior updates and cosmetic repairs. Lovingly maintained this home offers endless potential for your personal updates and vision. The exterior has been thoughtfully restored within the past year, with fresh paint, extensive wood replacement, and fully restored trough gutters, so you can focus on the interior. Inside, the first floor showcases original hardwood floors, stained wood trim, and large original windows that fill the home with natural light. The updated kitchen provides generous cabinet and countertop space, ideal for everyday living or entertaining. Upstairs, you'll find a wide-open space ready to be transformed into your dream primary suite, multiple additional bedrooms, or even a private in-law suite. With four bedrooms, two full bathrooms, and 2,805 square feet of living space, this home balances historic charm with flexibility. Outside, the spacious backyard offers plenty of room for gardening, gatherings, or simply enjoying the outdoors. Beyond the home itself, the location is a true highlight. Nestled in the vibrant Holy Cross neighborhood, you're within walking distance to downtown Indianapolis and just steps from bike paths that connect you to the Cultural Trail and Monon Trail. A variety of restaurants, coffee shops, and local spots for drinks are just around the corner, making it easy to enjoy everything the city has to offer. This Holy Cross gem is the perfect place to create lasting memories in one of Indy's most connected and desirable neighborhoods.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,274
Year Built
- Built in 1898
Lot Details
- 6,752 Sq Ft Lot
Parking
- 1 Car Detached Garage
Home Design
- Victorian Architecture
- Wood Siding
- Cedar
Interior Spaces
- 1.5-Story Property
- Woodwork
- Non-Functioning Fireplace
- Entrance Foyer
- Formal Dining Room
- Unfinished Basement
- Laundry in Basement
Kitchen
- Electric Oven
- Free-Standing Freezer
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Utilities
- Forced Air Heating and Cooling System
- Gas Water Heater
- Water Purifier
Community Details
- No Home Owners Association
- Arsenal Park Subdivision
Listing and Financial Details
- Tax Lot 491006161045000101
- Assessor Parcel Number 491006161045000101
Map
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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 | $3,252 | $267,400 | $51,100 | $216,300 |
| 2023 | $3,252 | $267,400 | $51,100 | $216,300 |
| 2022 | $3,340 | $273,000 | $51,100 | $221,900 |
| 2021 | $2,815 | $235,900 | $51,100 | $184,800 |
| 2020 | $2,052 | $178,700 | $25,100 | $153,600 |
| 2019 | $1,945 | $167,000 | $25,100 | $141,900 |
| 2018 | $1,850 | $151,700 | $25,100 | $126,600 |
| 2017 | $1,593 | $144,000 | $25,100 | $118,900 |
| 2016 | $1,525 | $140,500 | $25,100 | $115,400 |
| 2014 | $1,431 | $134,500 | $25,100 | $109,400 |
| 2013 | $1,320 | $128,100 | $25,100 | $103,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/09/2025 10/09/25 | Price Changed | $330,000 | -2.9% | $118 / Sq Ft |
| 09/19/2025 09/19/25 | Price Changed | $340,000 | -1.4% | $121 / Sq Ft |
| 09/04/2025 09/04/25 | For Sale | $345,000 | -- | $123 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available |
Source: Public Records
About the Listing Agent
As an agent who's an expert in the Central Indy, including Mid-Town, Meridian Kessler, Broad Ripple, Fall Creek and the downtown area, I bring a wealth of knowledge and over 13 years of Real Estate expertise in buying and selling real estate here in Indianapolis. It's not the same in every neighborhood, so you need someone you can trust for up-to-date information. I promise to provide the service you deserve while on this journey. I know that this is a big decision and often the largest
Jess' Other Listings
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22059814
APN: 49-10-06-161-045.000-101
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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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