P
Seller's Agent in 2025
Paul Zimmerman
Encore Sotheby's International
18 Total Sales
262 W Ray St Indianapolis, IN 46225
9
Beds
3
Baths
2,810
Sq Ft
4,792
Sq Ft Lot
Highlights
- Mature Trees
- Corner Lot
- No HOA
- Traditional Architecture
- High Ceiling
- Wrap Around Porch
About This Home
As of December 2025Incredible Investment Opportunity! Nestled just half a block from the iconic Colts Stadium and the bustling heart of downtown, this extraordinary property provides endless options and opportunity. Steps away from a world of entertainment, dining, and cultural experiences, this home offers unparalleled access to the vibrant downtown scene, making it a coveted spot for those who thrive on the city's energy. Behind the home is Babe Denny Park, providing a personal retreat amid urban life. Enjoy leisurely strolls, picnics, or simply unwind in nature, all just a stone's throw from your doorstep. With nine generously sized bedrooms, this home is designed to accommodate large families, groups of friends, or even a thriving vacation rental business. This space ensures that everyone has room to relax and unwind. This property is currently thriving as a VRBO/Airbnb vacation home, creating an opportunity for savvy investors to tap into the booming short-term rental market in a prime location. Whether you envision it as a family home, a vacation rental, or a combination of both, this property adapts to your lifestyle and investment goals. This unique opportunity is seldom found in today's market! Don't miss this chance to own this rarity in one of the city's most coveted locations.
Last Agent to Sell the Property
Encore Sotheby's International License #RB24000786 Listed on: 07/01/2025
Last Buyer's Agent
James Krause
@properties
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,574
Year Built
- Built in 1919
Lot Details
- 4,792 Sq Ft Lot
- Corner Lot
- Mature Trees
Parking
- Aggregate Flooring
Home Design
- Traditional Architecture
- Block Foundation
- Vinyl Siding
Interior Spaces
- 2-Story Property
- High Ceiling
- Formal Dining Room
- Basement
- Basement Cellar
- Fire and Smoke Detector
- Dryer
Kitchen
- Eat-In Kitchen
- Electric Oven
- Microwave
- Dishwasher
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 9 Bedrooms
Outdoor Features
- Wrap Around Porch
- Outdoor Gas Grill
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- ENERGY STAR Qualified Water Heater
Community Details
- No Home Owners Association
- Fulmers Resub Subdivision
Listing and Financial Details
- Assessor Parcel Number 491111100011000101
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 1, 2017
Sold by
Keliang Wu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
3.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 9, 2017
Bought by
Wu Keliang
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
3.37%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 25, 2016
Closed on
Jun 10, 2016
Sold by
Tate Patricia
Bought by
Executives Llc
Seller's Agent
Tiffany Atkinson
Keller Williams Indy Metro NE
Buyer's Agent
Art Small
100% Success, LLC
List Price
$83,000
Sold Price
$60,000
Premium/Discount to List
-$23,000
-27.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.85%
Purchase Details
Listed on
Apr 25, 2016
Closed on
Jun 9, 2016
Sold by
Evans Sadie and Webster Jesse
Bought by
Tate Patricia
Seller's Agent
Tiffany Atkinson
Keller Williams Indy Metro NE
Buyer's Agent
Art Small
100% Success, LLC
List Price
$83,000
Sold Price
$60,000
Premium/Discount to List
-$23,000
-27.71%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $281,300 | -- | |
| Deed | $375,000 | -- | |
| Warranty Deed | -- | First American Title | |
| Warranty Deed | -- | First American Title | |
| Interfamily Deed Transfer | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $281,250 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/09/2025 12/09/25 | Sold | $475,000 | -10.3% | $169 / Sq Ft | |
| 09/28/2025 09/28/25 | Pending | -- | -- | -- | |
| 09/15/2025 09/15/25 | Price Changed | $529,500 | -3.6% | $188 / Sq Ft | |
| 07/01/2025 07/01/25 | For Sale | $549,500 | +815.8% | $196 / Sq Ft | |
| 06/10/2016 06/10/16 | Sold | $60,000 | 0.0% | $37 / Sq Ft | View Prior Sale |
| 06/06/2016 06/06/16 | Pending | -- | -- | -- | |
| 05/18/2016 05/18/16 | Off Market | $60,000 | -- | -- | |
| 04/25/2016 04/25/16 | For Sale | $83,000 | -- | $51 / 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 | $10,593 | $438,600 | $19,700 | $418,900 |
| 2023 | $10,593 | $442,900 | $19,700 | $423,200 |
| 2022 | $9,660 | $400,900 | $19,700 | $381,200 |
| 2021 | $8,989 | $386,000 | $4,400 | $381,600 |
| 2020 | $8,887 | $380,200 | $4,400 | $375,800 |
| 2019 | $8,185 | $343,300 | $4,400 | $338,900 |
| 2018 | $7,690 | $319,500 | $4,400 | $315,100 |
| 2017 | $4,924 | $228,300 | $4,400 | $223,900 |
| 2016 | $1,386 | $62,900 | $4,400 | $58,500 |
| 2014 | $1,358 | $62,600 | $4,400 | $58,200 |
| 2013 | $531 | $62,600 | $4,400 | $58,200 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Zimmerman
-
J
Buyer's Agent in 2025
James Krause
@properties
-
Tiffany Atkinson
Seller's Agent in 2016
Tiffany Atkinson
Keller Williams Indy Metro NE
(317) 612-4546
49 Total Sales
-
A
Buyer's Agent in 2016
Art Small
100% Success, LLC
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22041977
APN: 49-11-11-100-011.000-101
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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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