1040 Tulip Dr, Indianapolis, IN 46227
What's special
Experience the charm and character of the Homecroft Historic District in this beautifully maintained 3-bedroom, 1.5-bath brick ranch situated on a nearly 1-acre lot. Just minutes from downtown Indianapolis, this home offers a rare combination of historic neighborhood appeal, modern updates, and exceptional outdoor space. Inside, hardwood floors span the main level, complemented by updated bathrooms, abundant natural light, and stylish new light fixtures. The kitchen blends mid-century modern character with contemporary convenience, featuring white-painted cabinetry, stainless steel appliances, a farmhouse sink, sleek countertops, and a tile backsplash. Recent appliance upgrades include a new oven/range, dishwasher, and microwave. The full basement provides valuable additional living and flexible-use space, including an oversized recreation or playroom with luxury vinyl plank flooring, a wet bar rough-in, and a separate room ideal for a home office, workout room, or hobby space. The partially unfinished area offers dedicated laundry, storage, and workshop space. Additional updates and features include a new HVAC system, sump pump with battery backup, radon mitigation system, and garage door opener. Step outside to enjoy the privacy and tranquility of the expansive, fenced backyard, shaded by mature maple trees. The impressive 450 sqft paver patio, complemented by an extended stoop and illuminated stairway, creates an inviting setting for entertaining, outdoor dining, or relaxing. With nearly an acre of land, there is ample room for gardening, pets, recreation, and gatherings. Living in the Homecroft Historic District means enjoying a close-knit community with convenient access to Indianapolis amenities. With its timeless brick construction, thoughtful modern improvements, spacious basement, and exceptional outdoor setting, this Homecroft property offers a unique opportunity to enjoy historic charm with the comforts of modern living.
- 27 days
- 2,770
- 214
Likely to sell faster than
Travel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Ron Rose 8885000@gmail.com,
Indiana Realty Pros, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 2
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14x10
Bedroom 3
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Dining room
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Kitchen
- Features: Tile-Ceramic
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Library
- Level: Basement
- Area: 210 Square Feet
- Dimensions: 15x14
Living room
- Level: Main
- Area: 224 Square Feet
- Dimensions: 16x14
Play room
- Level: Basement
- Area: 434 Square Feet
- Dimensions: 31x14
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Gas Water Heater, MicroHood, Electric Oven, Refrigerator
Features
- Double Vanity, Built-in Features, Ceiling Fan(s)
- Basement: Partially Finished,Roughed In
Interior area
- Total structure area: 2,430
- Total interior livable area: 2,430 sqft
- Finished area below ground: 607
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
- Details: Garage Parking Other(Garage Door Opener)
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Fencing: Fenced,Full,Privacy
Lot
- Size: 0.82 Acres
- Features: Mature Trees
Details
- Parcel number: 491412112003000500
- Other equipment: Radon System
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Brick
- Foundation: Block
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Laura Templetons
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $121/sqft
- Tax assessed value: $283,600
- Annual tax amount: $3,460
- Date on market: 9/24/2026
- Cumulative days on market: 20 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 10/12/2026 | Pending sale | $295,000$121/sqft |
Source: | ||
| 10/7/2026 | Price change | $295,000-1.7%$121/sqft |
Source: | ||
| 9/24/2026 | Listed for sale | $300,000+78.6%$123/sqft |
Source: | ||
| 5/1/2017 | Sold | $168,000$69/sqft |
Source: | ||
| 4/18/2017 | Pending sale | $168,000$69/sqft |
Source: Carpenter Realtors, Inc. #21470623 Report a problem | ||
| 3/10/2017 | Listed for sale | $168,000$69/sqft |
Source: Carpenter, REALTORS #21470623 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,286 -1.6% | $283,600 +10.2% |
| 2024 | $3,341 +6.6% | $257,300 -2.4% |
| 2023 | $3,134 +13.8% | $263,700 +9% |
| 2022 | $2,754 +9.3% | $241,900 +14.6% |
| 2021 | $2,519 +4.9% | $211,000 +9.3% |
| 2020 | $2,401 +8.7% | $193,000 +5.2% |
| 2019 | $2,208 +45.4% | $183,500 +7.1% |
| 2018 | $1,519 -3% | $171,400 +37.2% |
| 2017 | $1,565 +6.7% | $124,900 +2% |
| 2016 | $1,468 +10.7% | $122,500 +0.7% |
| 2014 | $1,325 -0.7% | $121,700 |
| 2013 | $1,335 | $121,700 +1.7% |
| 2012 | $1,335 | $119,700 +0.9% |
| 2011 | -- | $118,600 |
| 2010 | $1,126 +26.7% | $118,600 |
| 2009 | $889 | $118,600 +3.6% |
| 2007 | -- | $114,500 |
| 2006 | -- | $114,500 +21.9% |
| 2005 | -- | $93,900 |
| 2004 | -- | $93,900 |
| 2003 | -- | $93,900 +85.6% |
| 2002 | -- | $50,600 +199.9% |
| 2001 | -- | $16,870 |
| 2000 | -- | $16,870 |
Monthly payment
Estimated market value
Not available
Estimated sales range
Not available
Not available
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.