RENTED NOV 14, 2025

Estimated Value: $146,822 - $166,000

1 Bed
1 Bath
593 Sq Ft
$261/Sq Ft Est. Value

Highlights

  • A-Frame Home
  • Combination Kitchen and Dining Room
  • Carpet
  • 1-Story Property
  • Wood Siding

About This Home

As of November 2025

*Now Accepting Housing Assistance!! Infused with charm and character, this delightful duplex at 423 Villa Ave in Indianapolis offers a cozy retreat in the heart of the city. With its inviting 593 sq ft layout, this one-bedroom, one-bathroom home is perfect for those seeking comfort and convenience. Step inside to discover a space that maximizes every inch without compromising on style or functionality. The open-plan living area is drenched in natural light, creating a warm and welcoming atmosphere that you'll love coming home to. The efficient kitchen design ensures meal prep is a breeze, making it easy to entertain or enjoy quiet dinners at home. Retreat to the tranquil bedroom, a sanctuary that promises restful nights and rejuvenating mornings. The full bathroom is designed with simplicity and elegance in mind, offering a refreshing start to your day. Outside, the vibrant Villa Ave neighborhood awaits, with its blend of local shops, cafes, and parks just a short stroll away. Whether you're a city explorer or a homebody, this duplex offers the perfect balance between urban living and personal sanctuary. Enjoy the best of Indianapolis living in a home that feels uniquely yours. All of our residents are enrolled in the Resident Benefits Package (RBP) for $36.95/month which includes credit building to help boost the resident's credit score with timely rent payments, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! More details upon application. Deposit varies based on screening results. Rent Guarantee policy from theGuarantors required.

Last Agent to Rent the Property

Mark Jones

PMI Midwest License #RB14036355 Listed on: 08/26/2025

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1920

Lot Details

  • 4,356

Home Design

  • A-Frame Home
  • Wood Siding

Interior Spaces

  • 593 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Attic Access Panel

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • 4,356 Sq Ft Lot
  • Water Heater

Listing and Financial Details

  • Property Available on 8/26/25
  • Tenant pays for all utilities
  • The owner pays for no utilities
  • 12-Month Minimum Lease Term
  • $65 Application Fee
  • Tax Lot 491007205168000101
  • Assessor Parcel Number 491007205168000101

Community Details

Overview

  • Property has a Home Owners Association
  • State Square Subdivision
  • Property managed by PMI Midwest

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 1920

Lot Details

4,356 Sq Ft Lot

Rental Info

  • Available Date: 2025-08-26
  • Lease Amount: 799
  • Lease Term: 12 Months
  • Tenant Pays: All Utilities
  • Min Lease Req: 12
  • Security Deposit: 0
  • Application Fee: 65
  • Application Website: https://www.indianapolispropertymanagementinc.com/indianapolis-homes-for-rent/3933/423-villa-ave-indianapolis-in-46201-4062

Listing Details

  • Property Sub Type: Townhouse
  • Architectural Style: A-Frame
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1920
  • Building Area Total: 593
  • Garage Y N: No
  • Lot Size Acres: 0.1
  • Subdivision Name: State Square
  • Transaction Type: Lease
  • Website: https://www.indianapolispropertymanagementinc.com/indianapolis-homes-for-rent/3933/423-villa-ave-indianapolis-in-46201-4062
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: None, Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Attic Access
  • Living Area: 593
  • Other Equipment: None
  • Owner Pays: No Utilities
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 593
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • MBR_RoomFlooring: Carpet
  • MBR_RoomFlooring: Laminated Hardwood

Exterior Features

  • Construction Materials: Wood Siding
  • Foundation Details: See Remarks

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Other
  • Heating: Other
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: Yes
  • Pets Allowed: No
  • Property Management Company: PMI Midwest
  • Property Management Company Phone: 317-546-3482

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Parcel Number: 491007205168000101
  • Acres: <1/4 Acre

Tax Info

  • Tax Lot: 491007205168000101
  • Semi Annual Property Tax Amt: 0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2026
Sold by
Bought by
Current Estimated Value
$149,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
0.0637%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,750
Interest Rate
0.0718%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,750
Interest Rate
0.0718%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2021
Sold by
Bought by

Purchase Details

Listed on
Aug 12, 2020
Closed on
Oct 19, 2020
Sold by
Bought by
Seller's Agent
Geri Neu
Dropped Members
Buyer's Agent
Geri Neu
Neu Real Estate Group
Sold Price
$600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,200
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
0.036%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 1, 2012
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Summit Title
-- --
-- None Listed On Document
-- None Listed On Document
$106,000 Eagle Land Title
$30,000 Monument Title
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $105,000
Closed $96,750
Closed $74,200
Closed $53,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/14/2025 11/14/25 Rented $799 0.0% --
11/07/2025 11/07/25 Under Contract -- -- --
08/26/2025 08/26/25 For Rent $799 +14.3% --
04/10/2024 04/10/24 Rented $699 0.0% --
01/16/2024 01/16/24 Price Changed $699 -0.1% $1 / Sq Ft
01/15/2024 01/15/24 Price Changed $700 -6.7% $1 / Sq Ft
11/20/2023 11/20/23 For Rent $750 +19.0% --
12/09/2022 12/09/22 Rented $630 0.0% --
10/20/2022 10/20/22 Price Changed $630 -9.4% $1 / Sq Ft
08/31/2022 08/31/22 For Rent $695 +15.8% --
09/07/2020 09/07/20 Rented $600 0.0% --
08/12/2020 08/12/20 For Rent $600 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,338 $137,600 $6,200 $131,400
2024 $2,817 $140,000 $6,200 $133,800
2023 $2,817 $114,500 $6,200 $108,300
2022 $2,803 $114,500 $6,200 $108,300
2021 $2,263 $93,800 $6,200 $87,600
2020 $3,283 $44,300 $6,200 $38,100
2019 $963 $36,700 $2,200 $34,500
2018 $910 $34,200 $2,200 $32,000
2017 $801 $33,300 $2,200 $31,100
2016 $776 $32,900 $2,200 $30,700
2014 $694 $32,100 $2,200 $29,900
2013 $667 $32,100 $2,200 $29,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22059050

MIBOR Broker Listing Cooperative®

APN: 49-10-07-205-168.000-101

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