$445,000

Estimated payment $3,021/month

5 Beds
1.5 Baths
2,420 Sq Ft
$184 Price per Sq Ft

Highlights

  • Updated Kitchen
  • Deck
  • Engineered Wood Flooring
  • Mature Trees
  • Contemporary Architecture
  • Park or Greenbelt View

About This Home

INVESTOR ALERT! Prime Butler University Rental Opportunity Exceptional 5-bedroom, 2-bathroom home located just steps from the campus of Butler University. This beautifully renovated property offers the perfect combination of historic charm, modern updates, and strong income potential. Currently operating as a successful rental property or can be Airbnb rental. This property has historically generated between $3,500 and $4,000 per month in rental income. Whether you're seeking an investment property, student housing opportunity, or a personal residence near campus, this home delivers outstanding value. Recently renovated from top to bottom, features include: Spacious 5-bedroom, 2-bathroom floor plan, fully remodeled kitchen with butcher block countertops, Stainless steel appliances and new cabinetry. Large walk-in pantry, Refinished original hardwood floors. Beautiful leaded-glass windows. Original 1927 built-ins in the family and dining rooms. Cozy gas fireplace with Classic architectural character blended with modern conveniences. Enjoy living within walking distance of Butler University, restaurants, sporting events, and campus activities while being minutes from the highly desirable Meridian-Kessler neighborhood. Turnkey investment opportunity with proven rental history in one of Indianapolis' most sought-after university locations. Schedule your showing today!

Listing Agent

Elvis Turkovich

Aspen Realty, Inc Brokerage Email: eturk14@gmail.com License #RB14029062 Listed on: 06/02/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,440

Year Built

  • Built in 1927 | Remodeled

Lot Details

  • 5,184 Sq Ft Lot
  • Mature Trees

Parking

  • 3 Car Garage
  • Alley Access

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Spanish Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1-Story Property
  • Wired For Data
  • Fireplace Features Masonry
  • Entrance Foyer
  • Living Room with Fireplace
  • Park or Greenbelt Views
  • Attic Access Panel
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Laundry in Basement
  • Basement Storage
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Fire Pit

Utilities

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

Community Details

  • No Home Owners Association
  • Fairview Park Subdivision

Listing and Financial Details

  • Tax Lot 490614122119000801
  • Assessor Parcel Number 490614122119000801

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,440

Year Built

Built in 1927 | Remodeled

Lot Details

5,184 Sq Ft Lot

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Spanish, Traditional
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1927
  • Building Area Total: 2420
  • Garage Y N: No
  • Lot Size Acres: 0.12
  • Subdivision Name: Fairview Park
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Attribution Contact: eturk14@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Daylight, Finished, Full, Storage Space, Walk-Out Access
  • Appliances: Gas Cooktop, Dishwasher, Disposal, Gas Oven, Refrigerator, Water Heater
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1300
  • Fireplace Features: Masonry, Living Room
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Entrance Foyer, Eat-in Kitchen, Wired for Data, Walk-In Closet(s)
  • Living Area: 2420
  • Other Equipment: Sump Pump
  • Spa Y N: No
  • Areas Interior: Bedroom Other on Main,Living Room Formal,Utility Room
  • Eating Area: Dining Combo/Family Room,Dining Combo/Kitchen,Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1120
  • Basement Half Bathrooms: 1
  • Main Half Bathrooms: 0
  • Kitchen Features: Kitchen Updated
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Brick, Stucco
  • Direction Faces: South
  • Exterior Features: Fire Pit
  • Foundation Details: Concrete Perimeter, Block
  • Patio And Porch Features: Covered, Deck
  • Pool Private Y N: No
  • Property Condition: Updated/Remodeled
  • View: Park/Greenbelt
  • View Y N: Yes
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Alley Access
  • Garage Parking Other: Guest Street Parking,Other

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric, Forced Air, Natural Gas
  • Laundry Features: In Unit, Laundry Room, In Basement
  • Water Source: Public
  • Solid Waste: Yes

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Mature Trees, See Remarks
  • Property Attached Yn: No
  • Additional Parcels: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 5184
  • Parcel Number: 490614122119000801
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 7440
  • Tax Lot: 490614122119000801
  • Semi Annual Property Tax Amt: 3720
  • Tax Exemption: None

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $7,439 $326,100 $33,200 $292,900
2024 $6,893 $313,500 $33,200 $280,300
2023 $6,893 $286,900 $33,200 $253,700
2022 $7,204 $306,500 $33,200 $273,300
2021 $5,875 $251,000 $21,000 $230,000
2020 $3,760 $158,800 $21,000 $137,800
2019 $3,830 $158,800 $21,000 $137,800
2018 $3,731 $153,300 $21,000 $132,300
2017 $3,164 $145,400 $21,000 $124,400
2016 $2,550 $119,100 $21,000 $98,100
2014 $1,179 $115,300 $21,000 $94,300
2013 $1,305 $117,600 $21,000 $96,600
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 Prior Sale
06/02/2026 06/02/26 For Sale $445,000 0.0% $184 / Sq Ft
05/30/2026 05/30/26 Off Market $2,650 -- --
04/14/2026 04/14/26 Price Changed $2,650 -4.7% $1 / Sq Ft
03/31/2026 03/31/26 Price Changed $2,780 -4.1% $1 / Sq Ft
03/28/2026 03/28/26 Price Changed $2,900 -3.3% $1 / Sq Ft
03/04/2026 03/04/26 Price Changed $3,000 -6.3% $1 / Sq Ft
02/13/2026 02/13/26 For Rent $3,200 0.0% --
02/05/2026 02/05/26 Off Market $3,200 -- --
06/10/2025 06/10/25 Price Changed $3,200 -1.5% $1 / Sq Ft
06/10/2025 06/10/25 For Rent $3,250 -3.0% --
04/24/2025 04/24/25 Price Changed $3,350 -4.3% $1 / Sq Ft
04/01/2025 04/01/25 For Rent $3,500 0.0% --
04/01/2025 04/01/25 Price Changed $3,500 +16.7% $1 / Sq Ft
11/08/2024 11/08/24 Off Market $3,000 -- --
10/23/2024 10/23/24 Price Changed $3,000 -7.7% $1 / Sq Ft
10/08/2024 10/08/24 Off Market $3,250 -- --
10/04/2024 10/04/24 For Rent $3,250 0.0% --
08/17/2018 08/17/18 Sold $170,000 -8.1% $70 / Sq Ft View Prior Sale
07/27/2018 07/27/18 Pending -- -- --
07/16/2018 07/16/18 Price Changed $185,000 -2.6% $76 / Sq Ft
06/29/2018 06/29/18 For Sale $190,000 +19.5% $79 / Sq Ft
07/22/2015 07/22/15 Sold $159,000 0.0% $66 / Sq Ft View Prior Sale
05/26/2015 05/26/15 Pending -- -- --
05/15/2015 05/15/15 For Sale $159,000 -- $66 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 -- None Available
Deed $170,000 --
Warranty Deed $170,000 Attorneys Title Agency
Deed $153,000 --
Warranty Deed $153,000 Chicago Title
Warranty Deed -- Attorney
Interfamily Deed Transfer -- 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 Loan Amount Loan Type
Open $223,920 New Conventional
Previous Owner $127,200 New Conventional
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22105762

MIBOR Broker Listing Cooperative®

APN: 49-06-14-122-119.000-801

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