$102,000
PENDING $13K PRICE DROP

416 S Spencer Ave Indianapolis, IN 46219

Irvington Neighborhood

Estimated payment $681/month

Total Views 3,854
3 Beds
1 Bath
1,360 Sq Ft
$75 Price per Sq Ft

Highlights

  • City View
  • Traditional Architecture
  • No HOA
  • Mature Trees
  • Wood Flooring
  • 2 Car Detached Garage

About This Home

Investor alert! This 3BR / 1BA, 1,360 sq. ft. east-side classic is packed with potential and priced for opportunity. Built in 1910, this home sits on a 6,795 sq. ft. lot with a 2-car detached garage, plenty of space for creativity and value-add improvements. The bones are solid: roof, furnace, and A/C are all in good working order, water heater is new, and electrical is in good condition-meaning you can focus your budget on the fun stuff like cosmetic upgrades and modern finishes. With no HOA and a vacant, easy-to-show setup, this property is perfect for an investor looking for a light rehab, flip, or long-term rental hold in a steadily growing area of Indianapolis. Bring your vision, a little elbow grease, and watch this one shine again.

Listing Agent

Isaiah Ullery

Steve Lew Real Estate Group, LLC License #RB20001849 Listed on: 10/18/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,738

Year Built

  • Built in 1910

Lot Details

  • 6,795 Sq Ft Lot
  • Mature Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Bungalow
  • Fixer Upper
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Paddle Fans
  • Combination Kitchen and Dining Room
  • City Views
  • Crawl Space

Kitchen

  • Electric Oven
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Arsenal Technical High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 510
  • Assessor Parcel Number 491010179034000701

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,738

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional, Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1910
  • Building Area Total: 1360
  • Garage Y N: Yes
  • Lot Size Acres: 0.16
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Electric Oven, Refrigerator, Washer, Water Heater
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Paddle Fan, Hardwood Floors
  • Living Area: 1360
  • Areas Interior: Laundry in Unit
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 680
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 680

Exterior Features

  • Construction Materials: Aluminum Siding, Vinyl Siding
  • Foundation Details: Crawl Space
  • Property Condition: Fixer
  • View: City
  • View Y N: Yes
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Sidewalks, Mature Trees, Trees-Small (Under 20 Ft)
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 6795
  • Parcel Number: 491010179034000701
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 1738
  • Tax Lot: 510
  • Semi Annual Property Tax Amt: 869

MLS Schools

  • High School: Arsenal Technical High School

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $1,843 $73,200 $9,400 $63,800
2023 $1,843 $74,000 $9,400 $64,600
2022 $1,673 $67,200 $9,400 $57,800
2021 $1,434 $58,500 $9,400 $49,100
2020 $1,317 $53,300 $9,500 $43,800
2019 $1,228 $48,600 $9,500 $39,100
2018 $1,082 $42,100 $9,500 $32,600
2017 $967 $41,900 $9,500 $32,400
2016 $771 $33,500 $9,500 $24,000
2014 $698 $32,300 $9,500 $22,800
2013 $317 $32,300 $9,500 $22,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2025 11/03/25 Pending -- -- --
10/30/2025 10/30/25 Price Changed $102,000 -4.7% $75 / Sq Ft
10/28/2025 10/28/25 Price Changed $107,000 -7.0% $79 / Sq Ft
10/18/2025 10/18/25 For Sale $115,000 -- $85 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22068939

MIBOR Broker Listing Cooperative®

APN: 49-10-10-179-034.000-701

Indiana Marion County Indianapolis 46219 Irvington

416 S Spencer Ave, Indianapolis, IN

Pending

Detached

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MIBOR Broker Listing Cooperative® 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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Isaiah Ullery
Listing Agent
Isaiah Ullery
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Steve Lew Real Estate Group, LLC
(317) 202-1179