**Investment Opportunity - 3-Bedroom Home with Endless Potential!** Unlock the possibilities with this 3-bedroom, 2-level home that's ready for your vision. Whether you're looking for your next rental property or a profitable fix-and-flip project, this home offers a solid foundation and plenty of upside. The spacious layout features three bedrooms, two levels of living space, and an unfinished basement that provides ample storage or the opportunity to add future living space. While the property requires remodeling, it presents an excellent chance to customize finishes, increase value, and maximize your return on investment. Ideal for investors, contractors, or buyers seeking a renovation project, this property has the potential to become a desirable rental or an attractive resale after updates. Bring your ideas and transform this diamond in the rough into a standout property. Don't miss this opportunity to invest in a home with great potential and endless possibilities!
Active
$100,000
1217 W 31st St, Indianapolis, IN 46208
3beds
3,052sqft
Residential, Single Family Residence
Built in 1920
5,662 Square Feet Lot
$128,000 Zestimate®
$33/sqft
$-- HOA
What's special
Unfinished basementSpacious layoutAmple storage
- 4 days |
- 252 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Gilford Condray 317-264-9004,
United Real Estate Indpls
Source: MIBOR as distributed by MLS GRID,MLS#: 22113724
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Dimensions: N/A
Bedroom 2
- Level: Upper
- Dimensions: N/A
Bedroom 3
- Level: Upper
- Dimensions: N/A
Dining room
- Level: Main
- Dimensions: N/A
Foyer
- Level: Main
- Dimensions: N/A
Kitchen
- Level: Main
- Dimensions: N/A
Laundry
- Level: Main
- Dimensions: N/A
Laundry
- Level: Main
- Dimensions: N/A
Living room
- Level: Main
- Dimensions: N/A
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: None
Features
- Walk-In Closet(s)
- Basement: Unfinished
Interior area
- Total structure area: 3,052
- Total interior livable area: 3,052 sqft
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,662 Square Feet
Details
- Additional structures: Storage
- Parcel number: 490622102070000101
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Residential, Single Family Residence
Materials
- Other
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Water: Public
Community & HOA
Community
- Subdivision: Armstrong
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $33/sqft
- Tax assessed value: $89,400
- Annual tax amount: $710
- Date on market: 7/13/2026
- Cumulative days on market: 6 days
Estimated market value
$128,000
$101,000 - $155,000
$1,415/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Listed for sale | $100,000+66.7%$33/sqft |
Source:  MIBOR as distributed by MLS GRID #22113724 Report a problem | ||
| 4/2/2026 | Sold | $60,000$20/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $743 -12.4% | $89,400 -2.2% |
| 2024 | $848 +27% | $91,400 -8.6% |
| 2023 | $668 +102.6% | $100,000 +14.7% |
| 2022 | $330 +36.5% | $87,200 +58.3% |
| 2021 | $241 +22.5% | $55,100 +26.4% |
| 2020 | $197 -16.3% | $43,600 +16.9% |
| 2019 | $236 +17.7% | $37,300 +24.7% |
| 2018 | $200 -14.6% | $29,900 +23% |
| 2017 | $234 +26.6% | $24,300 |
| 2016 | $185 -9.8% | $24,300 -13.5% |
| 2014 | $205 -22% | $28,100 -12.5% |
| 2013 | $263 | $32,100 +1.9% |
| 2012 | $263 | $31,500 -24.3% |
| 2011 | -- | $41,600 |
| 2010 | $324 +11.4% | $41,600 |
| 2009 | $291 | $41,600 -8% |
| 2007 | -- | $45,200 +13.9% |
| 2006 | -- | $39,700 -14.8% |
| 2005 | -- | $46,600 |
| 2004 | -- | $46,600 |
| 2003 | -- | $46,600 +95.8% |
| 2002 | -- | $23,800 +199.7% |
| 2001 | -- | $7,940 +11.2% |
| 2000 | -- | $7,140 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Near NW-Riverside
Nearby schools
GreatSchools rating
- 6/10George Washington Carver School 87Grades: PK-5Distance: 1.1 mi
- 4/10Cold Spring SchoolGrades: K-8Distance: 1.3 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 1.6 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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