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  • $121,500

    1941 N Colorado Ave, Indianapolis, IN 46218

    2beds
    1,456sqft
    Residential, Single Family Residence
    Built in 1950
    5,662 Square Feet Lot
    $142,600 Zestimate®
    $83/sqft
    $1,236 Estimated rent

    Home value

    $142,600

    $127,000 - $157,000

    $1,236/mo

    Zestimate® history
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    Owner options

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    $1,236/mo

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    $1,236/mo

    Rent Zestimate®

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    $611/mo

    Est. payment

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    $611/mo

    Est. payment

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    What's special

    Calling all investors!!! This property presents an excellent opportunity for rental income with its desirable location, recent upgrades, and functional layout. Whether you're looking to expand your rental portfolio or acquire your first investment property, this home promises a steady stream of tenants attracted to its charm and enhanced livability.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jessica Green 317-526-2559,

    CityPlace Realty

    Bought with:

    Laura Waters

    Highgarden Real Estate

    Source: MIBOR as distributed by MLS GRID,MLS#: 21989798MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Features: Luxury Vinyl Plank
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12X12
    Bedroom 2
    • Features: Luxury Vinyl Plank
    • Level: Main
    • Area: 121 Square Feet
    • Dimensions: 11X11
    Dining room
    • Features: Luxury Vinyl Plank
    • Level: Main
    • Area: 81 Square Feet
    • Dimensions: 9X9
    Kitchen
    • Features: Laminate Hardwood
    • Level: Main
    • Area: 81 Square Feet
    • Dimensions: 9X9
    Living room
    • Features: Laminate Hardwood
    • Level: Main
    • Area: 121 Square Feet
    • Dimensions: 11X11
    Heating
    • Forced Air
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Electric Oven
    Features
    • Hardwood Floors
    • Flooring: Hardwood
    • Basement: Unfinished
    Interior area
    • Total structure area: 1,456
    • Total interior livable area: 1,456 sqft
    • Finished area below ground: 0

    Property

    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 5,662 Square Feet
    Details
    • Parcel number: 490733158020000101
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Residential, Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Water: Municipal/City

    Community & HOA

    Community
    • Subdivision: Brookside Sunnygrove Add
    HOA
    • Has HOA: No
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $83/sqft
    • Tax assessed value: $124,300
    • Annual tax amount: $1,374
    • Date on market: 7/10/2024
    • Cumulative days on market: 4 days

    Price history

    DateEventPrice
    4/7/2026Listing removed$1,400$1/sqft
    Source: Zillow Rentals Report a problem
    3/18/2026Listed for rent$1,400+27.3%$1/sqft
    Source: Zillow Rentals Report a problem
    9/27/2024Listing removed$1,100$1/sqft
    Source: Zillow Rentals Report a problem
    9/14/2024Listed for rent$1,100+12.8%$1/sqft
    Source: Zillow Rentals Report a problem
    8/16/2024Sold$121,500+1.3%$83/sqft
    Source: MIBOR as distributed by MLS GRID #21989798 Report a problem
    7/15/2024Pending sale$120,000$82/sqft
    Source: MIBOR as distributed by MLS GRID #21989798 Report a problem
    7/10/2024Listed for sale$120,000$82/sqft
    Source: MIBOR as distributed by MLS GRID #21989798 Report a problem
    12/2/2023Listing removed--
    Source: Zillow Rentals Report a problem
    11/21/2023Price change$975-2.5%$1/sqft
    Source: Zillow Rentals Report a problem
    10/11/2023Listed for rent$1,000$1/sqft
    Source: Zillow Rentals Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,350 -2.2%$124,300 +118.5%
    2024$1,380 +0.5%$56,900 -2.2%
    2023$1,374 +22.8%$58,200
    2022$1,119 +11.8%$58,200 +20%
    2021$1,000 +8.7%$48,500 +12.3%
    2020$921 +10.4%$43,200 +10.8%
    2019$834 +17.6%$39,000 +11.4%
    2018$709 -58.3%$35,000 +9.7%
    2017$1,701 +136.2%$31,900
    2016$720 +152.8%$31,900 -18.2%
    2014$285 -16.9%$39,000
    2013$343 $39,000 -4.9%
    2012$343 $41,000 +10.2%
    2011-- $37,200 +14.8%
    2010$253 +11.4%$32,400
    2009$227 $32,400 -8%
    2007-- $35,200 -1.9%
    2006-- $35,900 +22.9%
    2005-- $29,200
    2004-- $29,200
    2003-- $29,200 +137.4%
    2002-- $12,300 +200%
    2001-- $4,100 -8.9%
    2000-- $4,500
    Find assessor info on the county website

    Neighborhood: Near Eastside

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $142,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $142,600