This investor opportunity on the near westside of Indianapolis presents an exceptional chance to build equity through renovation. As the lowest-priced home in the area, with nearby property values surpassing $200,000, there is significant potential for returns. Originally a duplex, this property has been converted into a two-bedroom single-family home, offering flexibility for future renovations. While it has a newer roof, major updates are still required, and it is priced accordingly for an as-is sale. Seller financing may be available with as little as a 10% down payment, making it an attractive option for investors. Located in a convenient area with access to downtown amenities, this home is ready for rehab and offers the perfect opportunity for investors or buyers looking to add value. Prospective buyers should conduct thorough due diligence before making an offer. Don't miss out on this promising investment opportunity.
Sold
$70,000
226 Miley Ave, Indianapolis, IN 46222
2beds
498sqft
Residential, Single Family Residence
Built in 1910
7,405.2 Square Feet Lot
$70,700 Zestimate®
$141/sqft
$979 Estimated rent
Home value
$70,700
$65,000 - $77,000
$979/mo
Zestimate® history
Owner options
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$979/mo
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$979/mo
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$352/mo
Est. payment
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$352/mo
Est. payment
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Newer roof
Zillow last checked:
Listing updated:
Listing Provided by:
Scott Wynkoop 317-590-5032,
Wynkoop Brokerage Firm, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22038757
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Features: Other
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10x12
Bedroom 2
- Features: Other
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10x12
Kitchen
- Features: Other
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10x12
Living room
- Features: Other
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Cooling
- None
Appliances
- Included: None
Features
- Attic Access
- Has basement: No
- Attic: Access Only
Interior area
- Total structure area: 498
- Total interior livable area: 498 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
Lot
- Size: 7,405 sqft
Details
- Parcel number: 491103171005000101
- Special conditions: Broker Owned
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Other
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Water: Other
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: No Subdivision
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2025 | Sold | $70,000-6.8%$141/sqft |
Source:  MIBOR as distributed by MLS GRID #22038757 Report a problem | ||
| 6/27/2025 | Pending sale | $75,121$151/sqft |
Source: MIBOR as distributed by MLS GRID #22038757 Report a problem | ||
| 6/12/2025 | Price change | $75,121-1.2%$151/sqft |
Source: MIBOR as distributed by MLS GRID #22038757 Report a problem | ||
| 6/10/2025 | Price change | $76,000-2.6%$153/sqft |
Source: MIBOR as distributed by MLS GRID #22038757 Report a problem | ||
| 6/5/2025 | Price change | $78,000-2.5%$157/sqft |
Source: MIBOR as distributed by MLS GRID #22038757 Report a problem | ||
| 6/2/2025 | Price change | $80,000-5.9%$161/sqft |
Source: MIBOR as distributed by MLS GRID #22038757 Report a problem | ||
| 5/29/2025 | Price change | $85,000-3.4%$171/sqft |
Source: MIBOR as distributed by MLS GRID #22038757 Report a problem | ||
| 5/21/2025 | Price change | $88,000-2.2%$177/sqft |
Source: MIBOR as distributed by MLS GRID #22038757 Report a problem | ||
| 5/16/2025 | Price change | $90,000-2.2%$181/sqft |
Source: MIBOR as distributed by MLS GRID #22038757 Report a problem | ||
| 5/14/2025 | Listed for sale | $92,000+10.8%$185/sqft |
Source: MIBOR as distributed by MLS GRID #22038757 Report a problem | ||
| 4/26/2024 | Sold | $83,000$167/sqft |
Source: MIBOR as distributed by MLS GRID #21964200 Report a problem | ||
| 4/3/2024 | Pending sale | $83,000$167/sqft |
Source: MIBOR as distributed by MLS GRID #21964200 Report a problem | ||
| 3/6/2024 | Price change | $83,000-1.2%$167/sqft |
Source: MIBOR as distributed by MLS GRID #21964200 Report a problem | ||
| 2/26/2024 | Price change | $84,000-1.2%$169/sqft |
Source: MIBOR as distributed by MLS GRID #21964200 Report a problem | ||
| 2/15/2024 | Listed for sale | $85,000+210.8%$171/sqft |
Source: MIBOR as distributed by MLS GRID #21964200 Report a problem | ||
| 1/25/2024 | Sold | $27,353-50.3%$55/sqft |
Source: Public Record Report a problem | ||
| 11/30/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/29/2021 | Listed for sale | $55,000$110/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,043 -28.8% | $74,500 +5.1% |
| 2024 | $1,464 +0.5% | $70,900 +14.9% |
| 2023 | $1,457 +54.4% | $61,700 |
| 2022 | $944 +6.4% | $61,700 +50.9% |
| 2021 | $887 +32.7% | $40,900 +6.8% |
| 2020 | $668 +51.1% | $38,300 +35.3% |
| 2019 | $442 +175.5% | $28,300 +6% |
| 2018 | $160 -5.5% | $26,700 +86.7% |
| 2017 | $170 +324.8% | $14,300 |
| 2016 | $40 +48.7% | $14,300 +6.7% |
| 2014 | $27 -54.4% | $13,400 |
| 2013 | $59 | $13,400 -2.2% |
| 2012 | -- | $13,700 -3.5% |
| 2011 | -- | $14,200 |
| 2010 | -- | $14,200 |
| 2009 | $162 | $14,200 -4.7% |
| 2007 | -- | $14,900 -39.7% |
| 2006 | -- | $24,700 |
| 2005 | -- | $24,700 +7.4% |
| 2004 | -- | $23,000 |
| 2003 | -- | $23,000 +123.3% |
| 2002 | -- | $10,300 +199.4% |
| 2001 | -- | $3,440 |
| 2000 | -- | $3,440 |
Find assessor info on the county website
Neighborhood: Near Westside
Nearby schools
GreatSchools rating
- 7/10Center for Inquiry School 2Grades: K-5Distance: 2.3 mi
- 4/10William Penn School 49Grades: 6-8Distance: 1.1 mi
- 1/10George Washington Community High School (9-12)Grades: 9-12Distance: 0.5 mi
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Estimated market value
$70,700
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
$70,700
- Indiana
- Marion County
- Indianapolis
- 46222
- Near Westside
- 226 Miley Ave
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Nearby neighborhoods
Nearby zip codes
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