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  • Price cut: $5K (6/29)
    $345,000

    1041 S East St, Indianapolis, IN 46225

    2beds
    1,128sqft
    : 
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    Residential, Single Family Residence
    Built in 1920
    2,178 Square Feet Lot
    $-- Zestimate®
    $306/sqft
    $-- HOA

    What's special

    Spacious loftPanoramic skyline viewsPrivate upper-level deckAbundant natural light throughoutFlexible layoutUpdated kitchen and baths
    Unique Residential or Commercial Opportunity - Active Short-Term Rental Near Downtown Rare opportunity to own a commercially zoned property currently operating as a successful Airbnb just minutes from downtown. This beautifully updated two-bedroom, two-bath space offers a flexible layout featuring a spacious loft and an expansive upper deck with stunning city views. Thoughtfully renovated with modern finishes, the interior boasts open-concept living areas, updated kitchen and baths, and abundant natural light throughout. The large loft provides additional sleeping or lounge space, maximizing guest capacity and rental appeal. The private upper-level deck is a true highlight - perfect for entertaining or relaxing while enjoying panoramic skyline views. Located near downtown with excellent walkability to restaurants, breweries, coffee shops, and entertainment, this property sits in a highly desirable area for both short-term rental guests and business visibility. Easy access to major highways, cultural districts, and local attractions further enhances its value. Ideal for investors seeking immediate income potential, entrepreneurs wanting a live/work concept, or buyers looking for a distinctive commercial space in a prime urban location. A rare blend of location, versatility, and income-producing potential - opportunities like this don't come around often.
    104 days
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    104
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    4
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    Zillow last checked:

    Listing updated:

    Listed by:

    Sarah Fishburn 317-989-5613,

    F.C. Tucker Company

    Source: MIBOR as distributed by MLS GRID,MLS#: 22086547MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Primary bedroom
      • Level: Main
      • Area: 100 Square Feet
      • Dimensions: 10x10
      Bedroom 2
      • Level: Upper
      • Area: 168 Square Feet
      • Dimensions: 12x14
      Dining room
      • Level: Main
      • Area: 80 Square Feet
      • Dimensions: 8x10
      Kitchen
      • Level: Main
      • Area: 100 Square Feet
      • Dimensions: 10x10
      Living room
      • Level: Main
      • Area: 168 Square Feet
      • Dimensions: 12x14
      Loft
      • Level: Upper
      • Area: 280 Square Feet
      • Dimensions: 20x14
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Microwave, Electric Oven, Refrigerator, Water Heater
      Features
      • High Ceilings, High Speed Internet
      • Basement: Unfinished
      Interior area
      • Total structure area: 1,128
      • Total interior livable area: 1,128 sqft
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck
      Lot
      • Size: 2,178 Square Feet
      Details
      • Parcel number: 491112101002000101
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Residential, Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Vinyl Siding
      • Foundation: Block
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Subdivision: Bates
      HOA
      • Has HOA: No
      Location
      • Region: Indianapolis

      Financial & listing details

      • Price per square foot: $306/sqft
      • Tax assessed value: $180,900
      • Annual tax amount: $4,132
      • Date on market: 4/6/2026
      • Cumulative days on market: 105 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/29/2026Price change$345,000-1.4%$306/sqft
        Source: MIBOR as distributed by MLS GRID #22086547 Report a problem
        4/6/2026Listed for sale$350,000+180%$310/sqft
        Source: MIBOR as distributed by MLS GRID #22086547 Report a problem
        12/21/2022Sold$125,000+127.3%$111/sqft
        Source: Public Record Report a problem
        8/17/2020Sold$55,000-15.4%$49/sqft
        Source: Public Record Report a problem
        3/17/2020Listing removed$65,000$58/sqft
        Source: Metro 317 Homes Real Estate #21589397 Report a problem
        3/13/2020Pending sale$65,000+18.2%$58/sqft
        Source: Metro 317 Homes Real Estate #21589397 Report a problem
        3/6/2020Sold$55,000-15.4%$49/sqft
        Source: MIBOR as distributed by MLS GRID #21589397 Report a problem
        3/5/2020Price change$65,000-23.5%$58/sqft
        Source: Metro 317 Homes Real Estate #21589397 Report a problem
        2/18/2020Pending sale$85,000$75/sqft
        Source: Metro 317 Homes Real Estate #21589397 Report a problem
        1/20/2020Price change$85,000-29.2%$75/sqft
        Source: Metro 317 Homes Real Estate #21589397 Report a problem
        7/19/2019Price change$120,000+20%$106/sqft
        Source: Metro 317 Homes Real Estate #21589397 Report a problem
        6/11/2019Listed for sale$100,000$89/sqft
        Source: Metro 317 Homes Real Estate #21589397 Report a problem
        6/8/2019Pending sale$100,000$89/sqft
        Source: Metro 317 Homes Real Estate #21589397 Report a problem
        4/30/2019Listed for sale$100,000$89/sqft
        Source: Metro 317 Homes Real Estate #21589397 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,131 +107.4%$180,900 +3.9%
        2024$1,992 +64.5%$174,100 +107.3%
        2023$1,211 -4.5%$84,000 +63.7%
        2022$1,269 -14.1%$51,300 -6.7%
        2021$1,477 +8.5%$55,000 -13.8%
        2020$1,362 +7.3%$63,800 +10.6%
        2019$1,270 -26.4%$57,700 +8.3%
        2018$1,725 -43.7%$53,300 +0.8%
        2017$3,064 +174.4%$52,900 +7.3%
        2016$1,117 +5.2%$49,300 +0.4%
        2014$1,062 -3.7%$49,100
        2013$1,102 $49,100 -33.6%
        2012$1,102 $73,900 +23.4%
        2011-- $59,900
        2010$1,250 -2.4%$59,900
        2009$1,281 $59,900 +17.5%
        2007-- $51,000 +34.2%
        2005-- $38,000
        2004-- $38,000
        2003-- $38,000 +224.8%
        2002-- $11,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Near Southside

        Getting around

        79 / 100
        Very Walkable
        41 / 100
        Some Transit
        85 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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