Rare redevelopment opportunity in a prime Near Northside location at Fall Creek Place. This property offers multiple value-add strategies, including potential conversion of the existing church structure into a unique residential space or redevelopment of the site. With sufficient lot size to support a possible split since was previously 2 lots, investors may explore building two new construction homes (subject to zoning and approvals). Ideal for builders, developers, or visionaries looking to capitalize on continued growth just minutes from downtown Indianapolis. Currently houses are selling from approximately $500-800,000.
Pending
$400,000
2431 Central Ave, Indianapolis, IN 46205
0beds
3,392sqft
Residential, Single Family Residence
Built in 1999
0.33 Acres Lot
$-- Zestimate®
$118/sqft
$-- HOA
What's special
- 76 days |
- 30 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Archie Nevins 317-501-5039,
eXp Realty, LLC,
Elizabeth Ramirez,
eXp Realty, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22099569
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 3
- 1/2 bathrooms: 3
- Main level bathrooms: 3
Family room
- Level: Main
- Area: 2937.08 Square Feet
- Dimensions: 47.5' x 61'10"
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: None
Features
- Cathedral Ceiling(s)
- Has basement: No
Interior area
- Total structure area: 3,392
- Total interior livable area: 3,392 sqft
Property
Parking
- Parking features: Valet, Other
- Details: Garage Parking Other(Common Lot)
Accessibility
- Accessibility features: Hallway - 36 Inch Wide, Accessible Doors, Accessible Entrance
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.33 Acres
- Features: City Lot, Curbs, Not In Subdivision
Details
- Parcel number: 490625127025000101
- Special conditions: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Brick
- Foundation: Slab
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1999
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Trimpes Forest Brook
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $118/sqft
- Tax assessed value: $288,900
- Date on market: 5/3/2026
- Cumulative days on market: 25 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Pending sale | $400,000$118/sqft |
Source:  MIBOR as distributed by MLS GRID #22099569 Report a problem | ||
| 7/6/2026 | Listed for sale | $400,000$118/sqft |
Source: MIBOR as distributed by MLS GRID #22099569 Report a problem | ||
| 5/18/2026 | Pending sale | $400,000$118/sqft |
Source: MIBOR as distributed by MLS GRID #22099569 Report a problem | ||
| 5/3/2026 | Listed for sale | $400,000+196.3%$118/sqft |
Source: MIBOR as distributed by MLS GRID #22099569 Report a problem | ||
| 6/19/2018 | Sold | $135,000+3.8%$40/sqft |
Source: Public Record Report a problem | ||
| 3/23/2018 | Pending sale | $130,000$38/sqft |
Source: Keller Williams Indy #21544572 Report a problem | ||
| 3/15/2018 | Listed for sale | $130,000$38/sqft |
Source: Keller Williams Indy #21544572 Report a problem | ||
| 2/12/2018 | Pending sale | $130,000$38/sqft |
Source: Keller Williams Indy #21544572 Report a problem | ||
| 2/11/2018 | Listed for sale | $130,000$38/sqft |
Source: Keller Williams Indy #21544572 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $288,900 +24.7% |
| 2024 | -- | $231,600 -9.9% |
| 2023 | -- | $257,100 |
| 2022 | -- | $257,100 +9.5% |
| 2021 | -- | $234,700 -7.9% |
| 2020 | -- | $254,700 +4.3% |
| 2019 | -- | $244,100 -27.7% |
| 2018 | -- | $337,700 -3.1% |
| 2017 | -- | $348,400 +3.6% |
| 2016 | -- | $336,300 -4.1% |
| 2014 | -- | $350,500 |
| 2013 | -- | $350,500 +1.9% |
| 2012 | -- | $343,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Near Northside
Nearby schools
GreatSchools rating
- 6/10George Washington Carver School 87Grades: PK-5Distance: 1 mi
- 3/10H.L. Harshman Magnet Middle SchoolGrades: 6-8Distance: 1.7 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 1.2 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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