$97,500

Estimated payment $606/month

Total Views 205
2 Beds
1 Bath
864 Sq Ft
$113 Price per Sq Ft

Highlights

  • Ranch Style House
  • No HOA
  • Patio
  • Separate Formal Living Room
  • Eat-In Kitchen
  • Vinyl Plank Flooring

About This Home

Investor opportunity on the east side of Indianapolis! This 2-bedroom, 1-bath home at 4737 E 33rd St is tenant-occupied with a long-term resident in place, generating $800/month in rental income-offering immediate cash flow from day one. Low-maintenance and easy to manage, this property is well-suited for investors looking for steady, consistent returns. Conveniently located near major roadways, shopping, and local amenities, the area supports strong rental demand. Whether you're adding to your portfolio or looking for a reliable income-producing property, this is a solid opportunity with continued upside.

Listing Agent

Andy Hehman

eXp Realty LLC Brokerage Email: andy@locksteprealty.com License #RB22002771 Listed on: 04/23/2026

Co-Listing Agent

Alex Montagano

eXp Realty LLC Brokerage Email: andy@locksteprealty.com License #RB14051484

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,110

Year Built

  • Built in 1955

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 864 Sq Ft Home
  • Separate Formal Living Room
  • Vinyl Plank Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Patio
  • 7,275 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Forest Subdivision

Listing and Financial Details

  • Tax Lot 934
  • Assessor Parcel Number 490721127327000101

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,110

Year Built

Built in 1955

Lot Details

7,275 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1955
  • Building Area Total: 864
  • Garage Y N: No
  • Lot Size Acres: 0.17
  • Subdivision Name: Forest
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Attribution Contact: andy@locksteprealty.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Gas Water Heater, Gas Oven
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 864
  • Areas Interior: Living Room Formal
  • Eating Area: None
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 864
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 7275
  • Parcel Number: 490721127327000101
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 1110
  • Tax Lot: 934
  • Semi Annual Property Tax Amt: 555

Map

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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
2025 $1,111 $53,800 $6,600 $47,200
2024 $1,224 $46,800 $6,600 $40,200
2023 $1,224 $48,700 $6,600 $42,100
2022 $1,187 $47,400 $6,600 $40,800
2021 $890 $35,700 $6,600 $29,100
2020 $709 $27,800 $2,300 $25,500
2019 $692 $26,600 $2,300 $24,300
2018 $580 $21,700 $2,300 $19,400
2017 $465 $19,000 $2,300 $16,700
2016 $443 $18,400 $2,300 $16,100
2014 $391 $18,300 $2,300 $16,000
2013 $426 $20,600 $2,300 $18,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2026 04/23/26 For Sale $97,500 -- $113 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Sheriffs Deed $29,901 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $676,800 New Conventional
Previous Owner $46,400 New Conventional
Previous Owner $37,600 Purchase Money Mortgage
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22097253

MIBOR Broker Listing Cooperative®

APN: 49-07-21-127-327.000-101

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