5008 E Raymond St Indianapolis, IN 46203
Near Southeast NeighborhoodEstimated payment $1,376/month
Highlights
- Guest House
- 0.29 Acre Lot
- High Ceiling
- Updated Kitchen
- Traditional Architecture
- No HOA
About This Home
Charming updated 4-bedroom, 1-bath home situated on an oversized lot of over a quarter acre with an incredible feature - a detached 2-car garage with a fully finished 2-bedroom, 1-bath apartment above! This unique setup offers endless possibilities for multi-generational living, guest quarters, rental income, Airbnb potential, home office space, or private accommodations. The apartment features its own separate HVAC system, water heater, and electric meter, providing added convenience and independence. The main home offers an open-concept living and dining area with soaring 9-foot ceilings, abundant natural light, and updated flooring throughout. The spacious layout flows seamlessly into the beautifully refreshed kitchen featuring stylish cabinetry, updated countertops, stainless steel appliances, and plenty of cabinet space. The updated bathroom adds modern finishes while the basement provides excellent storage and additional usable space. Outside, enjoy the expansive yard with plenty of room for entertaining, gardening, pets, or future outdoor additions. The oversized detached garage and separate apartment truly set this property apart, creating a rare opportunity for homeowners and investors alike. Whether you are looking for additional income potential or extra flexible living space, this property delivers exceptional value and versatility. Schedule your showing today!
Listing Agent
Realty of America LLC Brokerage Email: Javier.espinoza@realtyofamerica.com License #RB15001426 Listed on: 05/15/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1925
Parking
- 2 Car Detached Garage
- Workshop in Garage
Home Design
- Traditional Architecture
- Block Foundation
- Vinyl Siding
Interior Spaces
- 1,120 Sq Ft Home
- 1-Story Property
- High Ceiling
- Combination Dining and Living Room
- Vinyl Plank Flooring
Kitchen
- Updated Kitchen
- Gas Oven
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Basement
- Partial Basement
- Crawl Space
Outdoor Features
- Covered Patio or Porch
- Shed
- Storage Shed
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Electric Water Heater
Additional Features
- 12,807 Sq Ft Lot
- Guest House
Community Details
- No Home Owners Association
- Machlan Terrace Subdivision
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 491016113003000101
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,551 | $273,100 | $10,000 | $263,100 |
| 2024 | $4,707 | $246,500 | $10,000 | $236,500 |
| 2023 | $4,707 | $193,000 | $10,000 | $183,000 |
| 2022 | $5,179 | $214,000 | $10,000 | $204,000 |
| 2021 | $4,025 | $169,100 | $10,000 | $159,100 |
| 2020 | $172 | $147,400 | $10,000 | $137,400 |
| 2019 | $165 | $140,100 | $6,100 | $134,000 |
| 2018 | $162 | $67,500 | $6,100 | $61,400 |
| 2017 | $156 | $64,900 | $6,100 | $58,800 |
| 2016 | $1,470 | $65,600 | $6,100 | $59,500 |
| 2014 | $1,439 | $67,500 | $6,100 | $61,400 |
| 2013 | $1,396 | $67,500 | $6,100 | $61,400 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 06/23/2026 06/23/26 | Price Changed | $215,000 | -2.3% | $192 / Sq Ft | |
| 06/18/2026 06/18/26 | Price Changed | $220,000 | -2.2% | $196 / Sq Ft | |
| 06/07/2026 06/07/26 | Price Changed | $225,000 | -2.2% | $201 / Sq Ft | |
| 05/15/2026 05/15/26 | For Sale | $230,000 | +151.4% | $205 / Sq Ft | |
| 03/13/2026 03/13/26 | Sold | $91,500 | +7.6% | $95 / Sq Ft | View Prior Sale |
| 02/17/2026 02/17/26 | Pending | -- | -- | -- | |
| 02/15/2026 02/15/26 | For Sale | $85,000 | -- | $89 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Meridian Title | |
| Quit Claim Deed | -- | None Available | |
| Deed | $65,000 | -- | |
| Deed | $65,000 | Nations Title Agency | |
| Sheriffs Deed | $8,610 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $63,822 | FHA |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22102447
APN: 49-10-16-113-003.000-101
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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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.