Active

$249,900

12029 E Washington St, Indianapolis, IN 46229

3beds

1,972sqft

$1,749/mo

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Single Family Residence

Built in 1915

6,534 Square Feet Lot

$244,200 Zestimate^®

$--/sqft

$-- HOA

What's special

Half bathSmall kitchen

C-3 ZONED COMMERCIAL LIVE/WORK OPPORTUNITY! Fantastic opportunity for an owner-user or investor on E. Washington Street, so close to the Pency trail.The main level features five individual tattoo studio spaces Three are currently rented for $500/month, generating $1,500/month in current gross rental income, plus a half bath. Upstairs is an owner-occupied living area with a small kitchen and full bathroom. With three month-to-month rental spaces, C-3 zoning, commercial visibility, and an established live/work configuration, this property offers tremendous flexibility. The current configuration could also offer the potential to convert the property back to a single-family residence, subject to applicable zoning and permitting requirements. Continue the existing rental arrangement, operate your own business, create a live/work space, or explore a residential conversion. Buyer to verify zoning, permitted uses, conversion requirements, square footage, and all measurements.

13 days
128
2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 1
1/2 bathrooms: 2

Bedroom 1

Level: Upper

Bedroom 2

Level: Upper

Heating

Forced Air

Cooling

Central Air

Features

Basement: None
Has fireplace: No

Interior area

Total structure area: 1,972
Total interior livable area: 1,972 sqft
Finished area above ground: 1,972
Finished area below ground: 0

Video & virtual tour

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Property

Features

Levels: Two
Stories: 2
Waterfront features: None

Lot

Size: 6,534 Square Feet
Dimensions: 58 x109
Features: Corner Lot

Details

Parcel number: 490903128043.000724
Zoning: C3,C3
Zoning description: Commercial/Residential

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Vinyl Siding

Condition

New construction: No
Year built: 1915

Utilities & green energy

Sewer: City
Water: City

Community & HOA

Community

Subdivision: None

Location

Region: Indianapolis

Financial & listing details

Tax assessed value: $246,000
Annual tax amount: $8,722
Date on market: 8/23/2026

Estimated market value

$244,200

$232,000 - $256,000

$1,777/mo

Price history

Date	Event	Price
8/23/2026	Listed for sale	$249,900+38.8%
Source: IRMLS #202634531 Report a problem
9/23/2022	Sold	$180,000+20%$91/sqft
Source: Public Record Report a problem
5/10/2022	Sold	$150,000$76/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,422 +15.8%	$264,300 +77.6%
2024	$2,956 +4.5%	$148,800 +15.8%
2023	$2,828 +8%	$128,500
2022	$2,618 -0.2%	$128,500 +8.3%
2021	$2,622 +2.1%	$118,700
2020	$2,568	$118,700 +2.2%
2019	$2,568 +10%	$116,200
2018	$2,334 +1.8%	$116,200 +1%
2017	$2,292 +2.8%	$115,100 +1.9%
2016	$2,230 +0.9%	$113,000 +2.3%
2014	$2,210 -10.3%	$110,500
2013	$2,464	$110,500 -10.3%
2012	$2,464	$123,200 +15.4%
2011	--	$106,800
2010	$2,136 -4.3%	$106,800 -4.3%
2009	$2,232	$111,600 -7%
2007	--	$120,000 +59.4%
2006	--	$75,300 -9.6%
2005	--	$83,300
2004	--	$83,300 -29.6%
2003	--	$118,300 +252.1%
2002	--	$33,600 +200%
2001	--	$11,200