Seller's Agent in 2025
Peter Stewart
Keller Williams Indpls Metro N
(317) 450-9202
9 in this area
441 Total Sales
243 Iowa St Indianapolis, IN 46225
Bates-Hendricks Neighborhood
3
Beds
2
Baths
1,824
Sq Ft
4,416
Sq Ft Lot
Highlights
- Main Floor Bedroom
- 1 Car Detached Garage
- Combination Dining and Living Room
- No HOA
- Luxury Vinyl Plank Tile Flooring
- 3-minute walk to Sexson Park
About This Home
As of September 2025Investor special in Bates Hendricks! Welcome to 243 Iowa St, a prime opportunity to finish what's been started and reap the rewards. This 3-bedroom, 2-bath, two-story home offers nearly 2,000 sq ft of finished living space and sits on a spacious, flat .10-acre lot with a brand-new 1-car detached garage. Much of the heavy lifting has already been done-demo, design, framing, drywall, rough plumbing and electrical, new windows, and flooring are in place. Now it's ready for your finishing touches. Designed with an investor in mind, this home features a desirable layout with a main-level primary suite, complete with an en-suite bath and sliding glass doors that open to the backyard. Upstairs, you'll find two additional bedrooms, a full bath, and a versatile loft space. Located in the heart of Bates Hendricks-one of Indy's hottest revitalized neighborhoods-this property is surrounded by stunning new builds and high-end renovations. Homes on this very street are being transformed, and the ARV potential here is strong, with comps suggesting values of $350K+ when finished. Just minutes to downtown, this location is ideal for short, mid, or long-term rental strategies-or rehab and flip it for a great return. Property is sold as-is and will require cash or hard money financing. Don't miss your chance to be part of the continued transformation of one of Indianapolis' most dynamic neighborhoods. NOTE - THE TWO VACANT LOTS NEXT DOOR ARE NOT INCLUDED IN THE SALE!!
Last Agent to Sell the Property
Keller Williams Indpls Metro N License #RB15000083 Listed on: 07/28/2025
Last Buyer's Agent
Keller Williams Indpls Metro N License #RB15000083 Listed on: 07/28/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,258
Year Built
- Built in 1895
Lot Details
- 4,416 Sq Ft Lot
Parking
- 1 Car Detached Garage
Home Design
- Fixer Upper
- Wood Siding
Interior Spaces
- 2-Story Property
- Combination Dining and Living Room
- Luxury Vinyl Plank Tile Flooring
- Basement
- Basement Cellar
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 75
- Assessor Parcel Number 491113171024000101
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 28, 2025
Closed on
Sep 9, 2025
Sold by
Au Eric Tyler Laimana Pauahi and Uyehara Sean Kelii
Bought by
Qtrv 14 Llc
Seller's Agent
Peter Stewart
Keller Williams Indpls Metro N
Buyer's Agent
Peter Stewart
Keller Williams Indpls Metro N
List Price
$199,000
Sold Price
$169,250
Premium/Discount to List
-$29,750
-14.95%
Views
38
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
836.55%
Original Mortgage
$245,500
Outstanding Balance
$245,500
Interest Rate
6.63%
Mortgage Type
Construction
Estimated Equity
-$47,559
Purchase Details
Closed on
Aug 13, 2024
Sold by
Aurum 2 Llc
Bought by
Au Eric-Tyler Laimana Paua and Uyehara Sean Kelli
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,050
Interest Rate
6.25%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 13, 2024
Sold by
Marten Investments Inc
Bought by
Hi-Tone Ventures Llc
Purchase Details
Closed on
Mar 20, 2024
Sold by
Marten Investments Inc
Bought by
Marten Investments Inc
Purchase Details
Closed on
Mar 18, 2024
Sold by
Marten Investments Inc
Bought by
Marten Investments Inc
Purchase Details
Closed on
Jul 3, 2017
Sold by
Mosley David B and Mosley Cheryl A
Bought by
Mosley David B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,628
Interest Rate
3.91%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 6, 2015
Sold by
Whitlock Alan D and Mosley Cheryl A
Bought by
Mosley Cheryl A
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Summit Title | |
| Warranty Deed | -- | Investors Title | |
| Warranty Deed | -- | Investors Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Eagle Land Title | |
| Warranty Deed | -- | Eagle Land Title | |
| Quit Claim Deed | $205,000 | None Listed On Document | |
| Quit Claim Deed | $205,000 | None Listed On Document | |
| Warranty Deed | $205,000 | Eagle Land Title | |
| Warranty Deed | $205,000 | Eagle Land Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $245,500 | Construction | |
| Previous Owner | $265,050 | Construction | |
| Previous Owner | $65,628 | FHA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/09/2025 09/09/25 | Sold | $169,250 | -14.9% | $93 / Sq Ft |
| 08/19/2025 08/19/25 | Pending | -- | -- | -- |
| 08/13/2025 08/13/25 | For Sale | $199,000 | 0.0% | $109 / Sq Ft |
| 08/07/2025 08/07/25 | Pending | -- | -- | -- |
| 07/28/2025 07/28/25 | For Sale | $199,000 | -- | $109 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $1,407 | $121,500 | $30,600 | $90,900 |
| 2023 | $1,407 | $128,900 | $30,600 | $98,300 |
| 2022 | $1,470 | $122,900 | $30,600 | $92,300 |
| 2021 | $1,373 | $114,900 | $30,600 | $84,300 |
| 2020 | $1,191 | $103,900 | $30,600 | $73,300 |
| 2019 | $1,196 | $103,300 | $11,100 | $92,200 |
| 2018 | $994 | $91,500 | $11,100 | $80,400 |
| 2017 | $654 | $78,400 | $11,100 | $67,300 |
| 2016 | $622 | $78,400 | $11,100 | $67,300 |
| 2014 | $527 | $72,200 | $11,100 | $61,100 |
| 2013 | $595 | $70,900 | $11,100 | $59,800 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Stewart
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22050699
APN: 49-11-13-171-024.000-101
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