3027 Alice Ave Indianapolis, IN 46237
University Heights NeighborhoodEstimated payment $897/month
Total Views
11,413
3
Beds
1
Bath
1,151
Sq Ft
$117
Price per Sq Ft
Highlights
- No HOA
- Bungalow
- Forced Air Heating System
- Eat-In Kitchen
- 1-Story Property
About This Home
Investor-ready or perfect for a first-time buyer. This 3-bedroom, 1-bath home is currently tenant-occupied with a month-to-month lease at $1,020/month, offering immediate cash flow. With solid updates and strong rental income, this property is a great addition to any portfolio. Seller is open to lease options, FHA, and conventional buyers-making this a flexible and accessible opportunity. Available individually or as part of a larger portfolio on Alice Ave.
Listing Agent
@properties Brokerage Email: max@atpropertiesind.com License #RB22000396 Listed on: 03/18/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,828
Year Built
- Built in 1950
Home Design
- Bungalow
- Slab Foundation
- Aluminum Siding
Interior Spaces
- 1,151 Sq Ft Home
- 1-Story Property
Kitchen
- Eat-In Kitchen
- Electric Oven
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Additional Features
- 7,144 Sq Ft Lot
- Forced Air Heating System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 491029106032000574
- Assessor Parcel Number 491029106032000574
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 | $1,916 | $75,200 | $12,900 | $62,300 |
| 2023 | $1,916 | $71,900 | $12,900 | $59,000 |
| 2022 | $1,771 | $65,900 | $12,900 | $53,000 |
| 2021 | $1,680 | $61,500 | $12,900 | $48,600 |
| 2020 | $1,620 | $58,900 | $12,900 | $46,000 |
| 2019 | $1,475 | $53,100 | $4,800 | $48,300 |
| 2018 | $1,433 | $52,100 | $4,800 | $47,300 |
| 2017 | $1,413 | $51,300 | $4,800 | $46,500 |
| 2016 | $1,382 | $50,100 | $4,800 | $45,300 |
| 2014 | $1,174 | $48,400 | $4,800 | $43,600 |
| 2013 | $1,177 | $48,400 | $4,800 | $43,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | Pending | -- | -- | -- |
| 03/18/2025 03/18/25 | For Sale | $134,999 | -- | $117 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $250,000 | Credit Line Revolving | |
| Closed | $535,000 | New Conventional |
Source: Public Records
Similar Homes in Indianapolis, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22027364
APN: 49-10-29-106-032.000-574
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