921 S State Ave Indianapolis, IN 46203
Fountain Square NeighborhoodEstimated payment $1,982/month
Highlights
- Updated Kitchen
- Separate Formal Living Room
- No HOA
- Traditional Architecture
- High Ceiling
- Covered Patio or Porch
About This Home
This STR portfolio is comprised of four properties totaling 16 rentable units. Current ownership has demonstrated strong short-term income potential. Near downtown locations and boutique finishes drive high occupancy and opportunities for increased revenue with a combination of STR and MTR. Conversion to townhomes/condos or LTR as well as development of included green space to add units offer multiple investment strategies.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,498
Year Built
- Built in 2016
Parking
- 1 Car Detached Garage
Home Design
- Traditional Architecture
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Woodwork
- High Ceiling
- Separate Formal Living Room
- Fire and Smoke Detector
Kitchen
- Updated Kitchen
- Electric Oven
- Electric Cooktop
- Built-In Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry on upper level
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Electric Water Heater
Additional Features
- Covered Patio or Porch
- 5,140 Sq Ft Lot
Community Details
- No Home Owners Association
- Fountain Square Subdivision
Listing and Financial Details
- Tax Lot 491007140009000101
- Assessor Parcel Number 491007140009000101
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,338 | $265,800 | $9,300 | $256,500 |
| 2023 | $6,338 | $264,300 | $9,300 | $255,000 |
| 2022 | $6,174 | $256,100 | $9,300 | $246,800 |
| 2021 | $5,498 | $236,800 | $9,300 | $227,500 |
| 2020 | $4,965 | $214,300 | $9,300 | $205,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/17/2025 07/17/25 | Price Changed | $290,000 | -3.3% | $178 / Sq Ft | |
| 05/16/2025 05/16/25 | For Sale | $300,000 | +26.1% | $184 / Sq Ft | |
| 09/27/2022 09/27/22 | Sold | $238,000 | -5.7% | $146 / Sq Ft | View Prior Sale |
| 08/02/2022 08/02/22 | Pending | -- | -- | -- | |
| 07/07/2022 07/07/22 | For Sale | $252,400 | 0.0% | $155 / Sq Ft | |
| 07/06/2022 07/06/22 | Pending | -- | -- | -- | |
| 06/28/2022 06/28/22 | Price Changed | $252,400 | -2.5% | $155 / Sq Ft | |
| 06/14/2022 06/14/22 | For Sale | $259,000 | +8.8% | $159 / Sq Ft | |
| 06/01/2022 06/01/22 | Off Market | $238,000 | -- | -- | |
| 05/26/2022 05/26/22 | For Sale | $259,000 | 0.0% | $159 / Sq Ft | |
| 11/13/2019 11/13/19 | Rented | $1,400 | -3.4% | -- | |
| 11/12/2019 11/12/19 | Under Contract | -- | -- | -- | |
| 11/01/2019 11/01/19 | Price Changed | $1,450 | -6.5% | $1 / Sq Ft | |
| 10/28/2019 10/28/19 | Price Changed | $1,550 | -3.1% | $1 / Sq Ft | |
| 10/23/2019 10/23/19 | Price Changed | $1,600 | -3.0% | $1 / Sq Ft | |
| 10/10/2019 10/10/19 | For Rent | $1,650 | 0.0% | -- | |
| 10/07/2019 10/07/19 | Sold | $213,000 | -10.9% | $131 / Sq Ft | View Prior Sale |
| 08/17/2019 08/17/19 | Pending | -- | -- | -- | |
| 08/13/2019 08/13/19 | For Sale | $239,000 | 0.0% | $147 / Sq Ft | |
| 12/29/2017 12/29/17 | Rented | $1,250 | 0.0% | -- | |
| 11/19/2017 11/19/17 | Under Contract | -- | -- | -- | |
| 10/19/2017 10/19/17 | For Rent | $1,250 | 0.0% | -- | |
| 07/19/2014 07/19/14 | Sold | $49,000 | -10.7% | $103 / Sq Ft | View Prior Sale |
| 06/21/2014 06/21/14 | Pending | -- | -- | -- | |
| 04/28/2014 04/28/14 | For Sale | $54,900 | 0.0% | $115 / Sq Ft | |
| 09/27/2012 09/27/12 | Rented | $695 | -98.7% | -- | |
| 09/14/2012 09/14/12 | Under Contract | -- | -- | -- | |
| 08/15/2012 08/15/12 | For Rent | $54,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Investors Title | |
| Warranty Deed | -- | None Available | |
| Special Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $194,000 | New Conventional | |
| Previous Owner | $149,100 | New Conventional | |
| Previous Owner | $19,800 | Purchase Money Mortgage |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22037104
APN: 49-10-07-140-014.000-101
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. 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.
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