Sold

$111,000

1238 E 49th St, Indianapolis, IN 46205

2beds

1,024sqft

Residential, Single Family Residence

Built in 1951

5,662.8 Square Feet Lot

$113,300 Zestimate^®

$108/sqft

$1,735 Estimated rent

Home value

$113,300

$103,000 - $125,000

$1,735/mo

Zestimate^® history

Owner options

List your home for rent

$1,735/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

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$1,735/mo

Rent Zestimate^®

Refinance and save

$558/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$558/mo

Est. payment

Explore your selling options

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What's special

Perfect investment property. 3 BR rental under lease until May 2nd. It's up to the owner after that. Tenant has been a dependable renter that pays on time everytime.

Facts & features

Interior

Bedrooms & bathrooms

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

Primary bedroom

Features: Hardwood
Level: Main
Area: 176 Square Feet
Dimensions: 11x16

Bedroom 2

Features: Hardwood
Level: Main
Area: 88 Square Feet
Dimensions: 11x8

Dining room

Features: Hardwood
Level: Main
Area: 187 Square Feet
Dimensions: 11x17

Kitchen

Features: Laminate
Level: Main
Area: 77 Square Feet
Dimensions: 11x7

Living room

Features: Hardwood
Level: Main
Area: 88 Square Feet
Dimensions: 11x8

Heating

Forced Air

Cooling

Window Unit(s)

Appliances

Included: Electric Oven, Refrigerator

Features

Attic Access, Eat-in Kitchen
Has basement: No
Attic: Access Only

Interior area

Total structure area: 1,024
Total interior livable area: 1,024 sqft

Property

Features

Levels: One
Stories: 1

Lot

Size: 5,662 sqft

Details

Parcel number: 490707145001000801
Special conditions: None,As Is
Horse amenities: None

Construction

Type & style

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

Materials

Aluminum Siding
Foundation: Crawl Space

Condition

New construction: No
Year built: 1951

Utilities & green energy

Water: Municipal/City

Community & neighborhood

Location

Region: Indianapolis
Subdivision: Fairgrounds

Price history

Date	Event	Price
8/13/2025	Listing removed	$1,700$2/sqft
Source: Zillow Rentals Report a problem
7/26/2025	Price change	$1,700-5.6%$2/sqft
Source: Zillow Rentals Report a problem
7/19/2025	Listed for rent	$1,800$2/sqft
Source: Zillow Rentals Report a problem
3/3/2025	Sold	$111,000-6.7%$108/sqft
Source: MIBOR as distributed by MLS GRID #22021497 Report a problem
2/13/2025	Pending sale	$119,000$116/sqft
Source: MIBOR as distributed by MLS GRID #22021497 Report a problem
2/12/2025	Listed for sale	$119,000$116/sqft
Source: MIBOR as distributed by MLS GRID #22021497 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$743 +0.3%	$90,200 -2%
2024	$740 +26.1%	$92,000 -2.1%
2023	$587 +20.6%	$94,000 +19.7%
2022	$487 -2.1%	$78,500 +20.2%
2021	$497 -1.6%	$65,300 -2.5%
2020	$505 -1.3%	$67,000
2019	$511 -73.2%	$67,000 +1.7%
2018	$1,905 -21%	$65,900 +0.9%
2017	$2,412 +407%	$65,300 +1.2%
2016	$476 +5.5%	$64,500 +2.7%
2014	$451 -6.9%	$62,800
2013	$484	$62,800 +6.6%
2012	$484	$58,900 +25.1%
2011	--	$47,100
2010	$361 +9.2%	$47,100 -2.1%
2009	$331	$48,100 -3.4%
2007	--	$49,800 -26.4%
2006	--	$67,700 +51.8%
2005	--	$44,600