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  • $130,500

    112 N Elder Ave, Indianapolis, IN 46222

    3beds
    2,222sqft
    Residential, Single Family Residence
    Built in 1900
    5,096 Square Feet Lot
    $130,500 Zestimate®
    $59/sqft
    $1,812 Estimated rent

    Home value

    $130,500

    $111,000 - $149,000

    $1,812/mo

    Zestimate® history
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    $1,812/mo

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    $1,812/mo

    Rent Zestimate®

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    $867/mo

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    $867/mo

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    What's special

    Amazing investment opportunity for an investor looking to have immediate income! This property is currently rented for $1,400/month and the lease expires 9/30/2023. This property has been recently remodeled from top to bottom. Steps away from Indianola Park and Bus Stop, one mile from the Indianapolis Zoo, IUPUI, Hospitals, White River Scenic Views and trails. Minutes from I-70 and I-65, 7 minutes away from the Pacers and Colts, and 10 minutes away from the World Famous Indianapolis Motor Speedway.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    Hayley Wild 317-405-7915,

    Compass Indiana, LLC

    Bought with:

    Kevin Hinnefeld

    Trueblood Real Estate

    Source: MIBOR as distributed by MLS GRID,MLS#: 21924566MLS Logo

    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
    • Features: Other
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Bedroom 2
    • Features: Other
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Bedroom 3
    • Features: Other
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Family room
    • Features: Other
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Kitchen
    • Features: Other
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Living room
    • Features: Other
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Heating
    • Forced Air
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: None
    Features
    • High Ceilings
    • Basement: Unfinished
    Interior area
    • Total structure area: 2,222
    • Total interior livable area: 2,222 sqft
    • Finished area below ground: 456

    Property

    Parking
    • Parking features: None
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 5,096 Square Feet
    Details
    • Parcel number: 491103142016000101

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Residential, Single Family Residence
    Materials
    • Aluminum Siding
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Water: Municipal/City

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $59/sqft
    • Tax assessed value: $91,300
    • Annual tax amount: $482
    • Date on market: 6/4/2023
    • Cumulative days on market: 4 days

    Price history

    DateEventPrice
    1/16/2024Listing removed--
    Source: Zillow Rentals Report a problem
    12/27/2023Listed for rent$1,285-8.2%$1/sqft
    Source: Zillow Rentals Report a problem
    6/22/2023Sold$128,062-1.4%$58/sqft
    Source: MIBOR as distributed by MLS GRID #21924566 Report a problem
    6/7/2023Pending sale$129,900$58/sqft
    Source: MIBOR as distributed by MLS GRID #21924566 Report a problem
    6/4/2023Listed for sale$129,900+44.3%$58/sqft
    Source: MIBOR as distributed by MLS GRID #21924566 Report a problem
    9/9/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    8/28/2022Listed for rent$1,400$1/sqft
    Source: Zillow Rental Manager Report a problem
    12/20/2021Sold$90,000+80%$41/sqft
    Source: MIBOR as distributed by MLS GRID #21828346 Report a problem
    12/9/2021Pending sale$50,000$23/sqft
    Source: MIBOR as distributed by MLS GRID #21828346 Report a problem
    12/9/2021Listed for sale$50,000$23/sqft
    Source: MIBOR as distributed by MLS GRID #21828346 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,763 +126.6%$91,300 +22.9%
    2024$778 -3.6%$74,300 +126.5%
    2023$807 +57%$32,800 -4.1%
    2022$514 +6.8%$34,200 +53.4%
    2021$482 +2.5%$22,300 +7.2%
    2020$470 +4.3%$20,800 +4.5%
    2019$450 +12.8%$19,900 +5.3%
    2018$399 -8.1%$18,900 +9.2%
    2017$435 +7.8%$17,300
    2016$403 +4.1%$17,300 -3.4%
    2014$387 -37%$17,900 -35.8%
    2013$615 $27,900 +1.8%
    2012$615 -18.1%$27,400 -24.1%
    2010$750 -2.5%$36,100
    2009$769 $36,100 +17.2%
    2007-- $30,800 -25.4%
    2005-- $41,300
    2004-- $41,300
    Find assessor info on the county website

    Neighborhood: Near Westside

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $130,500
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    Estimated market value
    $130,500