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Off market
  • $144,300

    1617 Draper St, Indianapolis, IN 46203

    4beds
    1,460sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $144,300 Zestimate®
    $99/sqft
    $1,517 Estimated rent

    Home value

    $144,300

    $115,000 - $169,000

    $1,517/mo

    Zestimate® history
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    $1,517/mo

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    $1,517/mo

    Rent Zestimate®

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    $932/mo

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    $932/mo

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    What's special

    Covered porch

    1617 S Draper St LOW DOWN PAYMENT HOMES ON PAYMENTS FIX-UP HOMES LOCATED IN INDIANAPOLIS, INDIANA 1617 S Draper St Indianapolis, Indiana 46203 4 Bedrooms . . . . . 1 Bath . . . . . No Garage Price . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $139,900 Monthly Payment . . . . . . . . . . . . . . . . . . . . . . $1199 Down Payment . . . . . . . . . . . . . . . . . . . . . . . $1500 This house was once a double and has been transformed into a spacious 4 bedroom/1 bath home with plenty of appeal. Located on the southeast side of Indy. Covered Porch. Endless potential with this one. Either use as currently is, or convert the property back to a double and use as new investment property. Property is in need of repairs. Make repairs and save! Our Homes on Payments Fix-Up Home Program offers home purchasing opportunities for families, individuals and investors in the Central Indiana area. Get qualified for a Homes on Payments home in just 3 days with little or nothing down. Our Homes on Payments homes are easy to qualify and bad credit is OK. Why throw your money away renting when you can purchase your own Homes on Payments home. Offered By: Rainbow Realty Group, Inc. WINDSOR VILLAGE OFFICE (EAST) 6104 E 21st Street Indianapolis, Indiana The owners of Rainbow Realty Group, Inc. have been in the Real Estate Business since 1974. They have bought and sold over 1000 homes and have a reputation of being fair but firm. This Homes on Payments property has a sales price of $139,900 with $1500 down and $1199 monthly. Term is 30 years under a purchase contract at a fixed rate of interest (7.53%). There are. . . NO "pre-payment penalties". . . NO "balloon payments". . . NO "adjustable rates" or ANY "adverse conditions" to make you lose your property. Taxes ARE included in payment. The only way you will ever lose your home or property... is if YOU don't make your payments. All properties are offered in "AS-IS" condition to be used as investment income properties. Properties may not be rented, lived in or used as a dwelling until property is brought up to minimum habitability standards. Buyer agrees to pay the cost of all repairs and maintenance. We have Homes on Payments Fix-Up Homes Everywhere... Rainbow Realty Group Indianapolis, Anderson, Fortville, Greenfield & Shelbyville This Homes on Payments property has a sales price of $139,900 with $1500 down and $1199 monthly. Term is 30 years under a purchase contract at a fixed rate of interest (7.53%). There are. . . NO "pre-payment penalties". . . NO "balloon payments". . . NO "adjustable rates" or ANY "adverse conditions" to make you lose your property. Taxes ARE included in payment. The only way you will ever lose your home or property... is if YOU don't make your payments. All properties are offered in "AS-IS" condition to be used as investment income properties. Properties may not be rented, lived in or used as a dwelling until property is brought up to minimum habitability standards. Buyer agrees to pay the cost of all repairs and maintenance.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 1
    • Full bathrooms: 1
    Appliances
    • Included: WD Hookup
    • Laundry: Hookups
    Features
    • WD Hookup
    Interior area
    • Total interior livable area: 1,460 sqft

    Property

    Parking
    • Details: Contact manager
    Details
    • Parcel number: 491018106025000101

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & neighborhood

    Location
    • Region: Indianapolis

    HOA & financial

    Other fees
    • Deposit fee: $1,500
    • Application fee: $25

    Other

    Other facts
    • Available date: 08/27/2025

    Price history

    DateEventPrice
    9/8/2025Listing removed$1,199$1/sqft
    Source: Zillow Rentals Report a problem
    8/27/2025Listed for rent$1,199$1/sqft
    Source: Zillow Rentals Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,617 +90.9%$131,500 +19.2%
    2024$1,371 +41.8%$110,300 +91.2%
    2023$967 +38.2%$57,700 -17.9%
    2022$700 -41.4%$70,300 +31.9%
    2021$1,193 -7.2%$53,300 +3.7%
    2020$1,286 +8.9%$51,400 -5.3%
    2019$1,180 +11.7%$54,300 +9.9%
    2018$1,057 +4.9%$49,400 +6%
    2017$1,007 +144.8%$46,600 +7.9%
    2016$412 -47.5%$43,200 +19.7%
    2014$784 -4.3%$36,100
    2013$819 $36,100
    2012$819 $36,100 +23.2%
    2011-- $29,300
    2010$619 -2.2%$29,300
    2009$633 $29,300 -7.3%
    2007-- $31,600

    Find assessor info on the county website

    Neighborhood: Near Southeast

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $144,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $144,300