Pending

$120,000

109 S 3rd Ave, Beech Grove, IN 46107

2beds

1,326sqft

$865/mo

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Residential, Single Family Residence

Built in 1940

5,227 Square Feet Lot

$-- Zestimate^®

$90/sqft

$-- HOA

What's special

Basement for additional storageLow-maintenance exteriorCovered front porchFunctional floor plan

Investor opportunity in Beech Grove! Tenant-occupied 2 bed, 1 bath bungalow with established rental history and immediate income potential. This property features a functional floor plan, basement for additional storage, covered front porch, and low-maintenance exterior. Conveniently located near shopping, dining, schools, and quick interstate access. Long-term tenant currently in place. Great addition to a rental portfolio or opportunity for investors seeking steady cash flow potential. Property being sold as-is.

101 days

634

18

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2

Primary bedroom

Level: Main
Area: 130 Square Feet
Dimensions: 13x10

Bedroom 2

Level: Main
Area: 81 Square Feet
Dimensions: 9x9

Breakfast room

Features: Tile-Ceramic
Level: Main
Area: 49 Square Feet
Dimensions: 7x7

Kitchen

Features: Tile-Ceramic
Level: Main
Area: 88 Square Feet
Dimensions: 11x8

Living room

Level: Main
Area: 140 Square Feet
Dimensions: 14x10

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Electric Oven, Refrigerator

Features

High Speed Internet
Has basement: Yes

Interior area

Total structure area: 1,326
Total interior livable area: 1,326 sqft
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Detached
Garage spaces: 1

Features

Levels: One
Stories: 1
Patio & porch: Covered

Lot

Size: 5,227 Square Feet

Details

Parcel number: 491028113276000502
Special conditions: As Is
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: 1940

Utilities & green energy

Water: Public

Community & HOA

Community

Subdivision: Beech Grove

HOA

Has HOA: No

Location

Region: Beech Grove

Financial & listing details

Price per square foot: $90/sqft
Tax assessed value: $70,700
Annual tax amount: $1,734
Date on market: 5/14/2026
Cumulative days on market: 94 days

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/21/2026	Pending sale	$120,000$90/sqft
Source: MIBOR as distributed by MLS GRID #22102131 Report a problem
7/17/2026	Listed for sale	$120,000$90/sqft
Source: MIBOR as distributed by MLS GRID #22102131 Report a problem
7/8/2026	Pending sale	$120,000$90/sqft
Source: MIBOR as distributed by MLS GRID #22102131 Report a problem
5/14/2026	Listed for sale	$120,000+233.3%$90/sqft
Source: MIBOR as distributed by MLS GRID #22102131 Report a problem
6/2/2017	Sold	$36,000$27/sqft
Source: MIBOR as distributed by MLS GRID #21482143 Report a problem
2/17/2013	Listing removed	$600
Source: LIFETIME PROPERTIES Report a problem
8/1/2012	Listed for rent	$600
Source: Lifetime Properties Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,733 -1.2%	$70,700 +12.4%
2024	$1,754 +6.8%	$62,900
2023	$1,642 +18.4%	$62,900 +9.6%
2022	$1,387 +10.8%	$57,400 +14.6%
2021	$1,252 +13.7%	$50,100 +4.2%
2020	$1,101 +12.3%	$48,100 +9.6%
2019	$980 -19.5%	$43,900 +8.4%
2018	$1,219 +17.1%	$40,500 -17.8%
2017	$1,041 -3.7%	$49,300 +15.7%
2016	$1,081 +7%	$42,600 -1.8%
2014	$1,009 -5.5%	$43,400
2013	$1,068	$43,400 -5.4%
2012	$1,068	$45,900 +0.9%
2011	--	$45,500
2010	$1,059 +0%	$45,500
2009	$1,059	$45,500 -1.1%
2007	--	$46,000

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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Climate risks

Neighborhood: 46107

Getting around

81 / 100

Very Walkable

43 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

3/10
Central Elementary School (Beech Grove)
Grades: 5-6Distance: 0.5 mi
7/10
Beech Grove Middle School
Grades: 7-8Distance: 0.7 mi
3/10
Beech Grove Senior High School
Grades: 9-12Distance: 0.7 mi

Schools provided by the listing agent

Middle: Beech Grove Middle School
High: Beech Grove Sr High School

Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.