Investment opportunity! This 2 bedroom home, located just minutes from Community East, the interstate and downtown, would make a great addition to someone's portfolio (rent has been going for around $1000 in the area depending). Or this would also be the perfect opportunity for someone to make it their own in a small community, at an affordable price point & opportunity to improve value. Needs some TLC to spruce it up, fence needs some repair & the bathroom plumbing currently isn't draining properly. But the hardwood floors add charm, the screened patio makes an excellent spot to enjoy the evenings or morning coffee. Plenty of storage in the unfinished basement and the detached 20x24 ft "garage" (more of a storage barn with the current roof structure being flat and 16 foot doors that open up vs a garage door that goes up. The Furnace is newer and the home already has duct work if someone wanted to add central air. So much opportunity!
Sold
$80,000
2029 N Colorado Ave, Indianapolis, IN 46218
2beds
1,456sqft
Residential, Single Family Residence
Built in 1950
5,662 Square Feet Lot
$112,800 Zestimate®
$55/sqft
$1,236 Estimated rent
Home value
$112,800
$88,000 - $139,000
$1,236/mo
Zestimate® history
Owner options
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$1,236/mo
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$1,236/mo
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$402/mo
Est. payment
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$402/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Sarah O'Donnell 317-292-3882,
F.C. Tucker Company
Bought with:
Sarah O'Donnell
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22048289
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: 121 Square Feet
- Dimensions: 11x11
Bedroom 2
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11x10
Breakfast room
- Level: Main
- Area: 63 Square Feet
- Dimensions: 9x7
Kitchen
- Level: Main
- Area: 42 Square Feet
- Dimensions: 7x6
Living room
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14x11
Heating
- Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Dryer, Gas Water Heater, Electric Oven, Refrigerator, Washer
- Laundry: In Basement
Features
- Ceiling Fan(s), Hardwood Floors, Eat-in Kitchen
- Flooring: Hardwood
- Windows: Wood Work Stained
- Basement: Storage Space,Unfinished
Interior area
- Total structure area: 1,456
- Total interior livable area: 1,456 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Screened
- Fencing: Fenced,Full,Privacy
Lot
- Size: 5,662 Square Feet
Details
- Additional structures: Storage
- Parcel number: 490733158012000101
- Special conditions: As Is,Defects/See Remarks,Needs Updating,In Foreclosure
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow,Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Aluminum Siding
- Foundation: Block
Condition
- Fixer
- New construction: No
- Year built: 1950
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Brookside Sunny Grove
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $55/sqft
- Tax assessed value: $78,100
- Annual tax amount: $216
- Date on market: 7/2/2025
- Cumulative days on market: 9 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2025 | Listing removed | $1,350$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/8/2025 | Listed for rent | $1,350$1/sqft |
Source: MIBOR as distributed by MLS GRID #22061553 Report a problem | ||
| 8/12/2025 | Sold | $80,000-5.9%$55/sqft |
Source:  MIBOR as distributed by MLS GRID #22048289 Report a problem | ||
| 7/2/2025 | Listed for sale | $85,000$58/sqft |
Source: MIBOR as distributed by MLS GRID #22048289 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $175 +9.9% | $78,100 +3.4% |
| 2024 | $159 -26.2% | $75,500 -0.8% |
| 2023 | $216 +86.7% | $76,100 -0.3% |
| 2022 | $116 +56.8% | $76,300 +21.1% |
| 2021 | $74 +119.5% | $63,000 +9.6% |
| 2020 | $34 | $57,500 +10.4% |
| 2019 | -- | $52,100 +13.5% |
| 2018 | $32 -64.3% | $45,900 +9.5% |
| 2017 | $90 +51.9% | $41,900 +24.7% |
| 2016 | $59 | $33,600 -18.2% |
| 2014 | $59 | $41,100 |
| 2013 | $59 | $41,100 -4.9% |
| 2012 | -- | $43,200 +8.8% |
| 2011 | -- | $39,700 +3.4% |
| 2010 | -- | $38,400 |
| 2009 | -- | $38,400 -8.1% |
| 2007 | -- | $41,800 -2.6% |
| 2006 | -- | $42,900 +23.6% |
| 2005 | -- | $34,700 |
| 2004 | -- | $34,700 |
| 2003 | -- | $34,700 +104.1% |
| 2002 | -- | $17,000 +200.4% |
| 2001 | -- | $5,660 +0.5% |
| 2000 | -- | $5,630 |
Find assessor info on the county website
Neighborhood: Near Eastside
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Nearby schools
GreatSchools rating
- 4/10Brookside School 54Grades: PK-5Distance: 1.3 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 3.4 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 2.5 mi
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Estimated market value
$112,800
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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
$112,800
- Indiana
- Marion County
- Indianapolis
- 46218
- Near Eastside
- 2029 N Colorado Ave
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