Charming and well-maintained property located in the heart of Indianapolis! This home is currently tenant-occupied, generating $1,000/month in rent - with plenty of upside potential as current rents are below market value for the area. Whether you're an investor seeking steady cash flow or a homeowner looking for your next project, this property offers exceptional flexibility and opportunity. Inside, you'll find a comfortable layout with inviting living spaces, ample natural light, and classic character throughout. The home has a two car garage and off-street parking, and easy access to nearby amenities. Located just minutes from Downtown Indianapolis, Ivy Tech, the Children's Museum, and major highways, this property is in a rapidly developing area with strong rental demand and rising property values. Highlights: Current rent: $1,000/month (well below market) Tenant in place - start earning income immediately Great starter home, rental, or flip opportunity Convenient central location near downtown, schools, and parks Showings require 24-48 hour advance notice Don't miss this chance to add a solid performer to your portfolio or transform it into your next beautiful home. Schedule your showing today and see the potential at 233 W 31st St!
Sold
$114,000
223 W 31st St, Indianapolis, IN 46208
3beds
2,161sqft
Residential, Single Family Residence
Built in 1920
3,049.2 Square Feet Lot
$114,700 Zestimate®
$53/sqft
$1,906 Estimated rent
Home value
$114,700
$108,000 - $122,000
$1,906/mo
Zestimate® history
Owner options
List your home for rent
$1,906/mo
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$1,906/mo
Rent Zestimate®
Refinance and save
$573/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$573/mo
Est. payment
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List your homeWhat's special
Off-street parkingComfortable layoutInviting living spacesAmple natural lightClassic characterTwo car garage
Zillow last checked:
Listing updated:
Listing Provided by:
Patrick McNeill 317-370-9494,
Ask Pat About Real Estate
Bought with:
Steve Masuccio
CENTURY 21 Scheetz
Source: MIBOR as distributed by MLS GRID,MLS#: 22066702
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 143 Square Feet
- Dimensions: 13x11
Bedroom 2
- Level: Upper
- Area: 143 Square Feet
- Dimensions: 13x11
Bedroom 3
- Level: Upper
- Area: 156 Square Feet
- Dimensions: 13x12
Bonus room
- Features: Other
- Level: Basement
- Area: 156 Square Feet
- Dimensions: 12x13
Dining room
- Level: Main
- Area: 192 Square Feet
- Dimensions: 16x12
Kitchen
- Level: Main
- Area: 180 Square Feet
- Dimensions: 15x12
Living room
- Level: Main
- Area: 273 Square Feet
- Dimensions: 21x13
Heating
- Forced Air, Propane, Natural Gas
Cooling
- Central Air
Appliances
- Included: None, Water Heater
Features
- Attic Access
- Basement: Partially Finished
- Attic: Access Only
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 2,161
- Total interior livable area: 2,161 sqft
- Finished area below ground: 345
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage Door Opener
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,049 sqft
Details
- Parcel number: 490623143024000101
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Brick
- Foundation: Block
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Water: Public
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: Topps Garden Place
Price history
| Date | Event | Price |
|---|---|---|
| 4/8/2026 | Sold | $114,000-5%$53/sqft |
Source:  MIBOR as distributed by MLS GRID #22066702 Report a problem | ||
| 3/12/2026 | Pending sale | $119,999$56/sqft |
Source: MIBOR as distributed by MLS GRID #22066702 Report a problem | ||
| 2/23/2026 | Listed for sale | $119,999$56/sqft |
Source: MIBOR as distributed by MLS GRID #22066702 Report a problem | ||
| 2/8/2026 | Pending sale | $119,999$56/sqft |
Source: MIBOR as distributed by MLS GRID #22066702 Report a problem | ||
| 11/11/2025 | Listed for sale | $119,999$56/sqft |
Source: MIBOR as distributed by MLS GRID #22066702 Report a problem | ||
| 10/16/2025 | Pending sale | $119,999$56/sqft |
Source: MIBOR as distributed by MLS GRID #22066702 Report a problem | ||
| 10/10/2025 | Listed for sale | $119,999+100%$56/sqft |
Source: MIBOR as distributed by MLS GRID #22066702 Report a problem | ||
| 6/15/2020 | Sold | $60,000-17.7%$28/sqft |
Source: Public Record Report a problem | ||
| 12/16/2015 | Listing removed | $72,900$34/sqft |
Source: LifeStyle Realty Group, INC #21356709 Report a problem | ||
| 9/16/2015 | Price change | $72,900-2.7%$34/sqft |
Source: LifeStyle Realty Group, INC #21356709 Report a problem | ||
| 7/14/2015 | Price change | $74,900-3.9%$35/sqft |
Source: LifeStyle Realty Group, INC #21356709 Report a problem | ||
| 6/2/2015 | Listed for sale | $77,900+332.8%$36/sqft |
Source: LifeStyle Realty Group, INC #21356709 Report a problem | ||
| 3/27/2015 | Listing removed | $18,000$8/sqft |
Source: Owner Report a problem | ||
| 2/18/2015 | Listed for sale | $18,000$8/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,277 +9% | $57,300 +6.5% |
| 2024 | $1,172 +8.8% | $53,800 +8.9% |
| 2023 | $1,077 +26.8% | $49,400 +8.3% |
| 2022 | $849 -12.3% | $45,600 +23.9% |
| 2021 | $968 +14.2% | $36,800 -12% |
| 2020 | $848 +7.8% | $41,800 +16.4% |
| 2019 | $786 +13.9% | $35,900 +8.8% |
| 2018 | $690 +1.5% | $33,000 +6.5% |
| 2017 | $680 +6.1% | $31,000 +4% |
| 2016 | $641 +4.4% | $29,800 +4.9% |
| 2014 | $614 -3.6% | $28,400 +1.1% |
| 2013 | $637 | $28,100 -1.1% |
| 2012 | $637 | $28,400 -11.8% |
| 2011 | -- | $32,200 |
| 2010 | $669 +2.3% | $32,200 +4.9% |
| 2009 | $654 | $30,700 -15.7% |
| 2007 | -- | $36,400 -31.1% |
| 2004 | -- | $52,800 |
| 2003 | -- | $52,800 +126.6% |
| 2002 | -- | $23,300 |
Find assessor info on the county website
Neighborhood: Crown Hill
Nearby schools
GreatSchools rating
- 5/10William Bell School 60 - A Butler Lab Reggio Emilia SchoolGrades: PK-5Distance: 0.5 mi
- 4/10Cold Spring SchoolGrades: K-8Distance: 2.3 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 0.6 mi
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Estimated market value
$114,700
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
$114,700
- Indiana
- Marion County
- Indianapolis
- 46208
- Crown Hill
- 223 W 31st St
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