Beautiful Investment Opportunity with Immediate Rental Income! Add this well-maintained home to your portfolio and start collecting income from day one. The property is currently tenant-occupied and generating $1,800 per month in rental income, making this an excellent opportunity for an investor looking for a cash-flowing rental. The current tenant's rights and lease terms remain in place through August 31, 2027, providing the new owner with an established tenant and continued rental income. Whether you're expanding an existing portfolio or looking for your next income-producing property, this is an opportunity worth considering!
Active
$150,000
2341 Wheeler St, Indianapolis, IN 46218
4beds
1,074sqft
Residential, Single Family Residence
Built in 2008
5,227 Square Feet Lot
$-- Zestimate®
$140/sqft
$-- HOA
What's special
- 29 days
- 635
- 85
Zillow last checked:
Listing updated:
Listed by:
Ashley Marino amarino@bhhsin.com,
Berkshire Hathaway HomeServices
Source: MIBOR as distributed by MLS GRID,MLS#: 22126890
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 4
Primary bedroom
- Level: Main
- Area: 150 Square Feet
- Dimensions: 15x10
Bedroom 2
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Bedroom 3
- Level: Main
- Area: 81 Square Feet
- Dimensions: 9x9
Bedroom 4
- Level: Main
- Area: 81 Square Feet
- Dimensions: 9x9
Family room
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14x10
Kitchen
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11x10
Laundry
- Level: Main
- Area: 56 Square Feet
- Dimensions: 8x7
Heating
- Electric, Forced Air
Cooling
- Central Air
Appliances
- Included: Disposal, Gas Water Heater, MicroHood, Electric Oven, Refrigerator
Features
- Attic Access, Eat-in Kitchen
- Has basement: No
- Attic: Access Only
Interior area
- Total structure area: 1,074
- Total interior livable area: 1,074 sqft
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
Lot
- Size: 5,227 Square Feet
Details
- Parcel number: 490729104062000101
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 2008
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Shoemaker
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $140/sqft
- Tax assessed value: $100,200
- Annual tax amount: $2,446
- Date on market: 9/18/2026
- Cumulative days on market: 30 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Listed for sale | $150,000+27.1%$140/sqft |
Source:  MIBOR as distributed by MLS GRID #22126890 Report a problem | ||
| 9/1/2026 | Listing removed | $1,800$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/20/2026 | Listed for rent | $1,800$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/4/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/22/2024 | Listed for rent | $1,800$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/1/2024 | Sold | $118,000-5.6%$110/sqft |
Source: MIBOR as distributed by MLS GRID #21956027 Report a problem | ||
| 12/26/2023 | Pending sale | $125,000$116/sqft |
Source: MIBOR as distributed by MLS GRID #21956027 Report a problem | ||
| 12/20/2023 | Listed for sale | $125,000$116/sqft |
Source: MIBOR as distributed by MLS GRID #21956027 Report a problem | ||
| 12/9/2023 | Pending sale | $125,000$116/sqft |
Source: MIBOR as distributed by MLS GRID #21956027 Report a problem | ||
| 12/7/2023 | Listed for sale | $125,000+120.8%$116/sqft |
Source: MIBOR as distributed by MLS GRID #21956027 Report a problem | ||
| 4/21/2017 | Sold | $56,600-29.2%$53/sqft |
Source: Public Record Report a problem | ||
| 3/18/2016 | Sold | $79,945$74/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $671 +18.6% | $100,200 +14.9% |
| 2024 | $566 +15.1% | $87,200 +5.4% |
| 2023 | $492 +49.2% | $82,700 +7% |
| 2022 | $330 +10.3% | $77,300 +40.3% |
| 2021 | $299 +2.8% | $55,100 +7.6% |
| 2020 | $291 +69.5% | $51,200 +3.4% |
| 2019 | $171 +435.7% | $49,500 +48.6% |
| 2018 | $32 -83.9% | $33,300 +0.6% |
| 2017 | $199 +42.6% | $33,100 +8.9% |
| 2016 | $139 +24.1% | $30,400 +13% |
| 2014 | $112 -22.7% | $26,900 |
| 2013 | $145 | $26,900 -6.9% |
| 2012 | $145 | $28,900 +13.8% |
| 2011 | -- | $25,400 |
| 2010 | $108 +11.4% | $25,400 |
| 2009 | $97 | $25,400 +568.4% |
| 2007 | -- | $3,800 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Martindale-Brightwood
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