Secure hassle-free parkingOpen straightforward layoutLarge eat-in area
Finding an affordable property with no HOA and a private yard right in the middle of everything is getting nearly impossible. If you are looking for a solid, functional home with location driven value, this 3-bedroom ranch is a rare opportunity you cannot afford to overlook. The value here is all about the lifestyle and the freedom. Situated right next to the iconic Indianapolis Motor Speedway, Coffin Golf Course, Riverside Park, and the Municipal Gardens Family Center, your future weekends are completely booked. Plus, with absolutely no HOA rules or fees, you have the total freedom to use your property exactly how you want. Pull up and relax on the large, classic covered front porch before stepping into an open, straightforward layout. The living room opens directly into a functional kitchen with a large eat-in area, making the space feel open yet connected. Down the hall, all three bedrooms share the central bathroom and a convenient utility room. The fully privacy fenced in backyard is complete with a handy storage shed/mini-barn for your tools. Even better, it features a large back gate that opens up to your private parking pad. It's the perfect setup for storing a work vehicle, a trailer, or just ensuring you always have secure, hassle-free parking. Let's be realistic: missing out on an affordable chance to get this close to the Speedway would be a massive mistake. Schedule your private, in-person tour today before someone else beats you to it! Photos have been virtually staged to show the home's potential.
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Zillow last checked:
Listing updated:
Listed by:
Eric Forney317-271-5959,
Keller Williams Indy Metro Partners,
Tia Bibbs,
Keller Williams Indy Metro Partners
Source: MIBOR as distributed by MLS GRID,MLS#: 22100519
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 3
Primary bedroom
Level: Main
Area: 140 Square Feet
Dimensions: 14x10
Bedroom 2
Level: Main
Area: 135 Square Feet
Dimensions: 15x9
Bedroom 3
Level: Main
Area: 99 Square Feet
Dimensions: 11x9
Breakfast room
Level: Main
Area: 99 Square Feet
Dimensions: 9x11
Kitchen
Level: Main
Area: 88 Square Feet
Dimensions: 8x11
Living room
Level: Main
Area: 234 Square Feet
Dimensions: 18x13
Heating
Forced Air
Cooling
Central Air
Appliances
Included: Dryer, Disposal, Electric Oven, Range Hood, Refrigerator, Washer, Water Heater
Laundry: Laundry Room, Main Level
Features
Ceiling Fan(s), Eat-in Kitchen
Windows: Wood Work Painted
Has basement: No
Interior area
Total structure area: 1,200
Total interior livable area: 1,200 sqft
Property
Parking
Parking features: Alley Access, Concrete, Gated, On Street
Features
Levels: One
Stories: 1
Patio & porch: Covered
Fencing: Fenced,Full,Privacy,Gate
Lot
Size: 5,227 Square Feet
Features: Curbs, Street Lights, Suburb
Details
Additional structures: Barn Mini, Storage
Parcel number: 490632115020000901
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: 2007
Utilities & green energy
Water: Public
Community & HOA
Community
Subdivision: Rainbow Ridge
HOA
Has HOA: No
Location
Region: Indianapolis
Financial & listing details
Price per square foot: $168/sqft
Tax assessed value: $71,200
Annual tax amount: $488
Date on market: 6/18/2026
Cumulative days on market: 44 days
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/17/2026
Price change
$202,000-3.8%$168/sqft
Source: MIBOR as distributed by MLS GRID #22100519Report a problem
6/18/2026
Listed for sale
$210,000$175/sqft
Source: MIBOR as distributed by MLS GRID #22100519Report 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.
See how much you could borrow to make a competitive offer.
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.