Active

Price cut: $5K (6/11)

$189,900

1124 E Perry St, Indianapolis, IN 46227

4beds

3,383sqft

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Residential, Single Family Residence

Built in 1915

10,018 Square Feet Lot

$-- Zestimate^®

$56/sqft

$-- HOA

What's special

Investor Alert! This home is the perfect BRRRR. Buy, Rehab, Rent, Refinance, Repeat! Conveniently located close to downtown Indy, University of Indianapolis, parks, shopping, interstates and more. This home would make a great rental for anyone looking to invest in a value-add property in or near downtown Indy. The adjoining lot could serve as a dirt or gravel driveway to allow for off-street parking or it would be a great lot to build a garage with an ADU above it to have multiple streams of income if you choose as it's separately parceled.

34 days

1,428

48

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 1
Main level bedrooms: 1

Primary bedroom

Level: Main
Area: 225 Square Feet
Dimensions: 15x15

Bedroom 2

Level: Upper
Area: 144 Square Feet
Dimensions: 12x12

Bedroom 3

Level: Upper
Area: 192 Square Feet
Dimensions: 12x16

Bedroom 4

Level: Upper
Area: 171 Square Feet
Dimensions: 09x19

Bonus room

Level: Upper
Area: 240 Square Feet
Dimensions: 12x20

Dining room

Level: Main
Area: 180 Square Feet
Dimensions: 12x15

Family room

Level: Main
Area: 195 Square Feet
Dimensions: 13x15

Kitchen

Level: Main
Area: 180 Square Feet
Dimensions: 12x15

Living room

Level: Main
Area: 180 Square Feet
Dimensions: 12x15

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: None

Features

Windows: Wood Work Painted
Basement: Cellar

Interior area

Total structure area: 3,383
Total interior livable area: 3,383 sqft
Finished area below ground: 0

Property

Parking

Parking features: Gravel
Details: Garage Parking Other(Guest Street Parking)

Features

Levels: Two
Stories: 2
Patio & porch: Covered
Fencing: Fenced,Full,Privacy,Gate

Lot

Size: 10,018 Square Feet
Features: City Lot, Curbs, Sidewalks, Mature Trees

Details

Additional parcels included: Golden Addition L181
Parcel number: 491030122001188501
Special conditions: As Is,Cosmetics Needed,Fixer Upper,Sales Disclosure Supplements
Horse amenities: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Residential, Single Family Residence

Materials

Vinyl Siding
Foundation: Block

Condition

Fixer
New construction: No
Year built: 1915

Utilities & green energy

Water: Public

Community & HOA

Community

Subdivision: Mcclains Golden

HOA

Has HOA: No

Location

Region: Indianapolis

Financial & listing details

Price per square foot: $56/sqft
Tax assessed value: $226,000
Annual tax amount: $4,766
Date on market: 5/29/2026
Cumulative days on market: 36 days

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/11/2026	Price change	$189,900-2.6%$56/sqft
Source: MIBOR as distributed by MLS GRID #22105076 Report a problem
5/29/2026	Listed for sale	$194,900+199.8%$58/sqft
Source: MIBOR as distributed by MLS GRID #22105076 Report a problem
5/11/2019	Listing removed	$1,250
Source: Equity Management Services LLC Report a problem
4/12/2019	Listed for rent	$1,250+51.5%
Source: Equity Management Services LLC Report a problem
11/3/2016	Listing removed	$65,000$19/sqft
Source: Kline Properties, Inc. #21426515 Report a problem
6/27/2016	Listed for sale	$65,000+85.7%$19/sqft
Source: Kline Properties, Inc. #21426515 Report a problem
11/21/2015	Listing removed	$825
Source: Kline Properties, Inc. #21385892 Report a problem
11/4/2015	Listed for rent	$825
Source: Kline Properties, Inc. #21385892 Report a problem
10/23/2014	Listing removed	$825
Source: Kline Properties, Inc. #21317059 Report a problem
9/25/2014	Listed for rent	$825+10%
Source: Kline Properties, Inc. #21317059 Report a problem
9/12/2012	Listing removed	$750
Source: Kline Properties Inc Report a problem
8/30/2012	Listed for rent	$750
Source: Kline Properties Inc Report a problem
11/18/2004	Sold	$35,000$10/sqft
Source: MIBOR as distributed by MLS GRID #2457338 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,587 +10.6%	$226,000 +16.9%
2024	$4,149 +10.9%	$193,300 +10.5%
2023	$3,742 +16.7%	$174,900 +10.3%
2022	$3,207 +10.1%	$158,500 +14%
2021	$2,913 +171.2%	$139,000 +10.5%
2020	$1,074 +7.1%	$125,800 +176.5%
2019	$1,003 +6.1%	$45,500 +8.1%
2018	$945 -35.4%	$42,100 +1.4%
2017	$1,463 +55.2%	$41,500 +3%
2016	$943 +5.8%	$40,300 -2.2%
2014	$891 -1.2%	$41,200
2013	$902	$41,200 +2.5%
2012	$902	$40,200

Find assessor info on the county website

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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.

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