$154,900
$15K PRICE DROP

Indianapolis, IN 46218

Martindale-Brightwood Neighborhood

Estimated payment $940/month

Total Views 3,116
4 Beds
1.5 Baths
1,352 Sq Ft
$115 Price per Sq Ft

Highlights

  • No HOA
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Bungalow
  • Central Air
  • Baseboard Heating

About This Home

Located in proximity to the rapidly developing Monon Yard neighborhood, this efficient 4-bedroom, 2-bath home offers strong investment potential and long-term upside. With estimated rents between $1,300-$1,500 per month depending on updates, it's ideal for investors seeking stable cash flow or buyers needing four bedrooms in a compact, low-maintenance footprint. The functional layout appeals to both families and roommates, and nearby redevelopment suggests continued appreciation and demand. Whether you're expanding a rental portfolio or looking for value in a growing area, this property combines immediate income potential with long-term growth tied to neighborhood transformation.

Listing Agent

Tyler Lingle

@properties License #RB21001983 Listed on: 09/25/2025

@properties

Co-Listing Agent

Kyle Hoffman

@properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 5,271 Sq Ft Lot

Home Design

  • Bungalow
  • Slab Foundation
  • Stone

Interior Spaces

  • 1,352 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Vinyl Flooring
  • Attic Access Panel
  • Range Hood

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Sangster Harrison Subdivision

Listing and Financial Details

  • Tax Lot 490730114661000101
  • Assessor Parcel Number 490730114661000101

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1968
  • Building Area Total: 1352
  • Co List Office Phone: 317-489-3441
  • Garage Y N: No
  • Lot Size Acres: 0.12
  • Subdivision Name: Sangster Harrison
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Refrigerator, Range Hood
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Attic Access
  • Living Area: 1352
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1352
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Stone
  • Foundation Details: Slab

Utilities

  • Cooling: Central Air
  • Heating: Electric, Baseboard
  • Security Features: Smoke Detector(s)
  • 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: 5271
  • Parcel Number: 490730114661000101
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 3990
  • Tax Lot: 490730114661000101
  • Semi Annual Property Tax Amt: 1995

Range of Values:

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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
2024 $1,483 $168,100 $6,500 $161,600
2023 $1,483 $58,800 $6,500 $52,300
2022 $459 $64,100 $6,500 $57,600
2021 $399 $53,100 $6,500 $46,600
2020 $293 $39,500 $2,900 $36,600
2019 $269 $36,100 $2,900 $33,200
2018 $279 $36,900 $2,900 $34,000
2017 $223 $32,700 $2,900 $29,800
2016 $200 $30,600 $2,900 $27,700
2014 $188 $37,300 $2,900 $34,400
2013 $172 $35,000 $2,900 $32,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2025 10/28/25 Price Changed $154,900 -3.2% $115 / Sq Ft
10/15/2025 10/15/25 Price Changed $159,999 -3.0% $118 / Sq Ft
10/07/2025 10/07/25 Price Changed $164,900 -2.9% $122 / Sq Ft
09/25/2025 09/25/25 For Sale $169,900 -- $126 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $165,000 --
Warranty Deed -- --
Quit Claim Deed -- Green Law Firm Llc
Quit Claim Deed $55,000 Green Law Firm Llc
Warranty Deed $55,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $132,000 New Conventional
Previous Owner $110,200 Construction
Previous Owner $110,200 Construction
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22064983

MIBOR Broker Listing Cooperative®

APN: 49-07-30-114-661.000-101

Indiana Marion County Indianapolis 46218

Martindale-Brightwood

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.

MIBOR Broker Listing Cooperative® 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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(317) 342-7345