RENTED SEP 22, 2025

7171 E 48th St Indianapolis, IN 46226

Estimated Value: $124,000 - $158,000

3 Beds
1 Bath
925 Sq Ft
$153/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $118,000 $128 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $924/month

Highlights

  • Mature Trees
  • No HOA
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • Luxury Vinyl Plank Tile Flooring

About This Home

As of September 2025

This home offers a warm, functional space with an updated full bathroom and a modernized living area. An open floor plan connects the bright living and dining areas, perfect for daily life and entertaining. Each bedroom provides a serene retreat. Situated in a vibrant community, you'll have easy access to local amenities, shopping, and dining. This welcoming home is perfect for starting a new chapter or finding a peaceful haven. All residents will be enrolled in a Resident Benefits Package (RBP) and these packages range from $45 - $55 per month and include benefits such as liability insurance, credit building to help boost the resident's credit score with timely rent payments, up to $1M Identity Theft Protection, 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.

Last Agent to Rent the Property

Maxwell Richter

Wilmoth Group License #RB15000880 Listed on: 08/19/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 10,019 Sq Ft Lot
  • Mature Trees

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 925 Sq Ft Home
  • Luxury Vinyl Plank Tile Flooring
  • Electric Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Brook Park Elementary School
  • Belzer Middle School
  • Lawrence Central High School

Utilities

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

Community Details

  • No Home Owners Association
  • Property managed by Wilmoth Group

Listing and Financial Details

  • Security Deposit $1,025
  • Property Available on 8/19/25
  • Tenant pays for all utilities, carpet cleaning, insurance
  • The owner pays for insurance
  • $50 Application Fee
  • Assessor Parcel Number 490712129021000407

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Rental Info

  • Available Date: 2025-08-19
  • Lease Amount: 1025
  • Tenant Pays: All Utilities, Carpet Cleaning, Insurance
  • Min Lease Req: 12
  • Security Deposit: 1025
  • Smoking: No
  • Application Fee: 50
  • Pet Deposit Refundable Y N: No
  • Security Deposit Refundable Y N: Yes
  • Application Website: www.applywithwilmoth.com

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential Lease
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1959
  • Building Area Total: 925
  • Garage Y N: No
  • Lot Size Acres: 0.23
  • Subdivision Name: No Subdivision
  • Transaction Type: Lease
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Furnished: Unfurnished
  • Living Area: 925
  • Owner Pays: Insurance
  • Eating Area: None
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 925
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

  • Garage Parking Other: Other

Utilities

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

Condo/Co-op/Association

  • Association YN: No
  • Pets Allowed: W/Approval
  • Property Management Company: Wilmoth Group
  • Property Management Company Email: hello@wilmothgroup.com
  • Property Management Company Phone: 317-842-3400

Schools

  • Middle Or Junior School: Belzer Middle School

Lot Info

  • Lot Features: Not In Subdivision, Mature Trees
  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 10019
  • Parcel Number: 490712129021000407
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 2160
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1080

MLS Schools

  • Elementary School: Brook Park Elementary School
  • High School: Lawrence Central High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2021
Closed on
May 11, 2022
Sold by
Dovid Hager
Bought by
Lau Eddie and Le Michelle
Seller's Agent
Shelly Jett
Carpenter, REALTORS®
Buyer's Agent
Peter Stewart
Peter Stewart Realty LLC
List Price
$129,900
Sold Price
$118,000
Premium/Discount to List
-$11,900
-9.16%
Current Estimated Value
$141,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,738
Avg. Annual Appreciation
4.93%
Original Mortgage
$94,400
Outstanding Balance
$89,694
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$52,044

Purchase Details

Listed on
Nov 29, 2021
Closed on
Mar 15, 2022
Sold by
Dovid Hager
Bought by
Lau Eddie and Le Michelle
Seller's Agent
Shelly Jett
Carpenter, REALTORS®
Buyer's Agent
Peter Stewart
Peter Stewart Realty LLC
List Price
$129,900
Sold Price
$118,000
Premium/Discount to List
-$11,900
-9.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Outstanding Balance
$89,694
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$52,044

Purchase Details

Listed on
Sep 16, 2020
Closed on
Dec 17, 2020
Sold by
Easy Rentals Llc
Bought by
Hager Dovid
Seller's Agent
Joe Bottorff
Dropped Members
Buyer's Agent
Shelly Jett
Carpenter, REALTORS®
List Price
$60,000
Sold Price
$50,000
Premium/Discount to List
-$10,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
100.99%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lau Eddie -- Hicks Robert A
Lau Eddie $118,000 Hicks Robert A
Hager Dovid -- Quality Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lau Eddie $94,400
Previous Owner Lau Eddie $94,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2025 09/22/25 Rented $1,025 0.0% --
09/11/2025 09/11/25 Under Contract -- -- --
08/19/2025 08/19/25 For Rent $1,025 0.0% --
03/16/2022 03/16/22 Sold $118,000 -9.2% $128 / Sq Ft View Prior Sale
01/31/2022 01/31/22 Pending -- -- --
11/29/2021 11/29/21 For Sale $129,900 +159.8% $140 / Sq Ft
12/21/2020 12/21/20 Sold $50,000 -16.7% $54 / Sq Ft View Prior Sale
12/07/2020 12/07/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $60,000 -- $65 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

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 $2,194 $99,200 $7,100 $92,100
2023 $2,194 $99,200 $7,100 $92,100
2022 $1,463 $65,000 $7,100 $57,900
2021 $1,375 $60,300 $7,100 $53,200
2020 $1,163 $50,300 $7,100 $43,200
2019 $860 $41,400 $7,100 $34,300
2018 $833 $40,100 $7,100 $33,000
2017 $822 $39,600 $7,100 $32,500
2016 $795 $38,300 $7,100 $31,200
2014 $738 $36,900 $7,100 $29,800
2013 $956 $49,000 $7,100 $41,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22057697

MIBOR Broker Listing Cooperative®

APN: 49-07-12-129-021.000-407