Looking for your next profitable investment? This 3-bedroom, 1-bathroom property is a prime opportunity to add to your portfolio. Located just minutes from Christian Park and the new Justice Center, this home offers great potential for rental income or future resale. With a solid foundation and a desirable location in a growing neighborhood, this property is a must-see for savvy investors. Whether you're looking for a flip, a rental, or a long-term hold, this home has the potential to deliver strong returns. Don't miss out on this great opportunity - schedule a showing today and secure your next investment property!
Sold
$95,000
1201 S Spencer Ave, Indianapolis, IN 46203
3beds
1,300sqft
Residential, Single Family Residence
Built in 1958
7,405 Square Feet Lot
$109,100 Zestimate®
$73/sqft
$1,458 Estimated rent
Home value
$109,100
$96,000 - $122,000
$1,458/mo
Zestimate® history
Owner options
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$1,458/mo
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$1,458/mo
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$478/mo
Est. payment
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$478/mo
Est. payment
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Desirable location
Zillow last checked:
Listing updated:
Listed by:
Victoria Vickrey 317-506-7458,
F.C. Tucker Company
Bought with:
Andrea Guevara
Carpenter, REALTORS®
Source: MIBOR as distributed by MLS GRID,MLS#: 22010723
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Features: Carpet
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10x9
Bedroom 2
- Features: Carpet
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10x9
Bedroom 3
- Features: Other
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Dining room
- Features: Carpet
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10x12
Kitchen
- Features: Vinyl
- Level: Main
- Area: 112 Square Feet
- Dimensions: 14x8
Living room
- Features: Carpet
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13x10
Play room
- Features: Carpet
- Level: Main
- Area: 128 Square Feet
- Dimensions: 16x8
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Electric Oven, Refrigerator, Water Heater
Features
- Attic Access
- Has basement: No
- Attic: Access Only
Interior area
- Total structure area: 1,300
- Total interior livable area: 1,300 sqft
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 7,405 Square Feet
Details
- Parcel number: 491015118054000700
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1958
Utilities & green energy
- Water: Municipal/City
Community & HOA
Community
- Subdivision: Columbia Terrace
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $73/sqft
- Tax assessed value: $93,200
- Annual tax amount: $1,940
- Date on market: 11/12/2024
- Cumulative days on market: 6 days
Price history
| Date | Event | Price |
|---|---|---|
| 12/27/2024 | Sold | $95,000-4%$73/sqft |
Source:  MIBOR as distributed by MLS GRID #22010723 Report a problem | ||
| 11/18/2024 | Pending sale | $99,000$76/sqft |
Source: MIBOR as distributed by MLS GRID #22010723 Report a problem | ||
| 11/12/2024 | Listed for sale | $99,000$76/sqft |
Source: MIBOR as distributed by MLS GRID #22010723 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,079 +7.2% | $93,200 +3.1% |
| 2024 | $1,940 +176.1% | $90,400 +7.2% |
| 2023 | $703 +50.6% | $84,300 |
| 2022 | $467 +24.2% | $84,300 +41% |
| 2021 | $376 +6.1% | $59,800 +12.2% |
| 2020 | $354 -9.5% | $53,300 +13.2% |
| 2019 | $391 -1.9% | $47,100 -9.6% |
| 2018 | $399 -12.9% | $52,100 +1% |
| 2017 | $458 +35.7% | $51,600 +2% |
| 2016 | $337 -5.6% | $50,600 +7.4% |
| 2014 | $357 -17.7% | $47,100 |
| 2013 | $434 | $47,100 -16.2% |
| 2012 | $434 | $56,200 -3.6% |
| 2011 | -- | $58,300 |
| 2010 | $390 +15% | $58,300 -4.1% |
| 2009 | $339 | $60,800 -2.9% |
| 2007 | -- | $62,600 +5% |
| 2006 | -- | $59,600 +14% |
| 2005 | -- | $52,300 |
| 2004 | -- | $52,300 |
| 2003 | -- | $52,300 +117% |
| 2002 | -- | $24,100 +200.1% |
| 2001 | -- | $8,030 |
| 2000 | -- | $8,030 |
Find assessor info on the county website
Neighborhood: Southeast
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Nearby schools
GreatSchools rating
- 5/10Lowell Elementary SchoolGrades: K-4Distance: 1.8 mi
- 4/10Raymond Park Middle School (7-8)Grades: 5-8Distance: 3.6 mi
- 2/10Warren Central High SchoolGrades: 9-12Distance: 5.2 mi
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Estimated market value
$109,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$109,100
- Indiana
- Marion County
- Indianapolis
- 46203
- Southeast
- 1201 S Spencer Ave
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