Active

Price cut: $2.5K (8/11)

$97,500

1217 W 31st St, Indianapolis, IN 46208

3beds

3,052sqft

$703/mo

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Residential, Single Family Residence

Built in 1920

5,662 Square Feet Lot

$-- Zestimate^®

$32/sqft

$-- HOA

What's special

Unfinished basementSpacious layoutAmple storage

**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!

50 days
273
25

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: $32/sqft
Tax assessed value: $89,400
Annual tax amount: $710
Date on market: 7/13/2026
Cumulative days on market: 53 days

Estimated market value

Not available

Estimated sales range

Not available

$1,942/mo

Price history

Date	Event	Price
8/11/2026	Price change	$97,500-2.5%$32/sqft
Source: MIBOR as distributed by MLS GRID #22113724 Report a problem
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