Great Investment Opportunity in Indianapolis - Updated 3BR/1BA Home + 1BR/1BA Guest House! Don't miss this fantastic opportunity to own a versatile, income-generating property in Indianapolis! This beautifully updated 3-bedroom, 1-bathroom main home features upgrades throughout, including new roof, brand-new appliances, fresh finishes, and a functional layout perfect for tenants or owner-occupants alike. But that's not all - the property also includes a detached 1-bedroom, 1-bathroom secondary structure, ideal for use as a rental unit, guest house, or private home office. With two rentable spaces on one lot, this property offers excellent cash flow potential for investors or added flexibility for multi-generational living. Located in a growing area with convenient access to downtown, schools, parks, and major roadways, this turnkey property is ready for its next chapter. Whether you're a first-time investor or expanding your portfolio, this is an opportunity you won't want to miss. (Note: All interior photos are of the Main House. Any photos with furniture are virtually staged. HVAC mini-split with air conditioning, Bedroom 4 and Bonus Room are for the guest house and dimensions are not guaranteed. The guest house is currently rented and has tenant rights.)
Sold
$183,500
1730 N Graham Ave, Indianapolis, IN 46218
4beds
1,250sqft
Residential, Single Family Residence
Built in 1925
0.25 Acres Lot
$184,500 Zestimate®
$147/sqft
$1,345 Estimated rent
Home value
$184,500
$170,000 - $199,000
$1,345/mo
Zestimate® history
Owner options
List your home for rent
$1,345/mo
Rent Zestimate®
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$1,345/mo
Rent Zestimate®
Refinance and save
$1,212/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,212/mo
Est. payment
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List your homeWhat's special
Brand-new appliancesNew roofFunctional layout
Zillow last checked:
Listing updated:
Listed by:
Shari Vickery 317-748-5977,
F.C. Tucker Company
Bought with:
Denis O'Brien
Keller Williams Indy Metro S
Joshua Rixner
Keller Williams Indy Metro S
Source: MIBOR as distributed by MLS GRID,MLS#: 22040714
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 4
Primary bedroom
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12 x 9
Bedroom 2
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11 x 9
Bedroom 3
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10 x 9
Bedroom 4
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10 x 10
Bonus room
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12 x 10
Dining room
- Level: Main
- Area: 88 Square Feet
- Dimensions: 8 x 11
Kitchen
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11 x 10
Laundry
- Level: Main
- Area: 72 Square Feet
- Dimensions: 12 x 6
Living room
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13 x 11
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Dryer, Gas Water Heater, Electric Oven, Refrigerator, Washer, Water Heater, Range Hood
- Laundry: Main Level
Features
- Smart Thermostat
- Has basement: No
Interior area
- Total structure area: 1,250
- Total interior livable area: 1,250 sqft
Property
Parking
- Parking features: Gravel
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Fencing: Fenced,Partial,Privacy
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 0.25 Acres
Details
- Parcel number: 490734101030000701
- Special conditions: Defects/None Noted
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Arlington Heights
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $147/sqft
- Tax assessed value: $183,800
- Annual tax amount: $1,308
- Date on market: 5/27/2025
- Cumulative days on market: 51 days
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2025 | Sold | $183,500+0.5%$147/sqft |
Source:  MIBOR as distributed by MLS GRID #22040714 Report a problem | ||
| 7/18/2025 | Pending sale | $182,500$146/sqft |
Source: MIBOR as distributed by MLS GRID #22040714 Report a problem | ||
| 7/8/2025 | Price change | $182,500-1.4%$146/sqft |
Source: MIBOR as distributed by MLS GRID #22040714 Report a problem | ||
| 5/27/2025 | Listed for sale | $185,000+37%$148/sqft |
Source: MIBOR as distributed by MLS GRID #22040714 Report a problem | ||
| 8/11/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 7/20/2022 | Price change | $550-8.3% |
Source: Zillow Rental Network Premium Report a problem | ||
| 7/7/2022 | Price change | $600-7.7% |
Source: Zillow Rental Network Premium Report a problem | ||
| 6/11/2022 | Listed for rent | $650-10.3%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 3/21/2022 | Sold | $135,000-3.6%$108/sqft |
Source: MIBOR as distributed by MLS GRID #21836475 Report a problem | ||
| 2/17/2022 | Pending sale | $140,000$112/sqft |
Source: MIBOR as distributed by MLS GRID #21836475 Report a problem | ||
| 2/4/2022 | Listed for sale | $140,000$112/sqft |
Source: MIBOR as distributed by MLS GRID #21836475 Report a problem | ||
| 7/6/2012 | Listing removed | $725$1/sqft |
Source: STEINFELD REALTY Report a problem | ||
| 6/6/2012 | Listed for rent | $725$1/sqft |
Source: STEINFELD REALTY Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,310 +22.9% | $183,800 +31.8% |
| 2024 | $2,695 +106% | $139,500 +22.8% |
| 2023 | $1,308 +26% | $113,600 +105.1% |
| 2022 | $1,038 +11.2% | $55,400 +23.1% |
| 2021 | $933 -2.6% | $45,000 +11.7% |
| 2020 | $958 +21.2% | $40,300 -0.7% |
| 2019 | $791 -28.3% | $40,600 +22.3% |
| 2018 | $1,104 +75.8% | $33,200 +0.9% |
| 2017 | $628 +23.4% | $32,900 +27% |
| 2016 | $509 +2.8% | $25,900 +13.1% |
| 2014 | $495 -44.3% | $22,900 -47.2% |
| 2013 | $888 | $43,400 +11% |
| 2011 | -- | $39,100 -4.6% |
| 2010 | $852 | $41,000 |
Find assessor info on the county website
Neighborhood: Eastside
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Nearby schools
GreatSchools rating
- 3/10Anna Brochhausen School 88Grades: PK-5Distance: 0.2 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 4.6 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 3.6 mi
Schools provided by the listing agent
- High: Warren Central High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$184,500
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
$184,500
- Indiana
- Marion County
- Indianapolis
- 46218
- Eastside
- 1730 N Graham Ave
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