Experience this beautifully renovated 2br/1ba single family home in the Bates Hendricks neighborhood. Currently operating as a high performing 5.0 star airbnb mid-term furnished rental and corporate housing (1-6 month stay) with high ROI, this property can be used as a turnkey investment opportunity with strong income potential. Located on a quiet residential street, it is only a mile from the center of Fountain Square's vibrant area with popular restaurants, cafes, and local shopping as well as only 1.5 mile from downtown Indianapolis. Completely renovated a few years back, this home was rebuilt with quality, comfort, and modern living in mind. Higher income potential if operated as short-term rental. March-May 2026 average monthly income-$2475
33 days
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Zillow last checked:
Listing updated:
Listed by:
Lisa Phillips317-219-9277,
Compass Indiana, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22105954
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2
Primary bedroom
Level: Main
Area: 182 Square Feet
Dimensions: 14x13
Bedroom 2
Level: Main
Area: 108 Square Feet
Dimensions: 12x9
Kitchen
Level: Main
Area: 195 Square Feet
Dimensions: 15x13
Living room
Level: Main
Area: 204 Square Feet
Dimensions: 12x17
Heating
Forced Air, Natural Gas
Cooling
Central Air
Appliances
Included: Electric Water Heater, Gas Oven, Refrigerator
Features
Attic Access, Eat-in Kitchen
Has basement: No
Attic: Access Only
Interior area
Total structure area: 780
Total interior livable area: 780 sqft
Property
Parking
Parking features: None
Features
Levels: One
Stories: 1
Patio & porch: Covered
Fencing: Fenced
Lot
Size: 4,356 Square Feet
Details
Parcel number: 491113162013000101
Horse amenities: None
Construction
Type & style
Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Residential, Single Family Residence
Materials
Block
Foundation: Slab
Condition
New construction: No
Year built: 1956
Utilities & green energy
Water: Public
Community & HOA
Community
Subdivision: Franks Sub Woodruffs Sub B F Morris
HOA
Has HOA: No
Location
Region: Indianapolis
Financial & listing details
Price per square foot: $256/sqft
Tax assessed value: $73,900
Annual tax amount: $1,764
Date on market: 6/8/2026
Cumulative days on market: 35 days
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
6/8/2026
Listed for sale
$200,000$256/sqft
Source: MIBOR as distributed by MLS GRID #22105954Report a problem
6/1/2026
Listing removed
$200,000$256/sqft
Source: MIBOR as distributed by MLS GRID #22077877Report a problem
2/27/2026
Listed for sale
$200,000+100%$256/sqft
Source: MIBOR as distributed by MLS GRID #22077877Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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