Fully renovated turnkey rental with approved rents: $2,464/month! This investment property is projected to cash flow with an IHA lease at $2,464 per month, meeting key investor benchmarks. Tenant move-in is scheduled for July 17th-2026. The home has been extensively renovated and features luxury vinyl plank flooring, fresh interior paint, a new bathroom vanity, a tiled shower surround, and a mini-split system with supplemental heat. The beautifully updated kitchen includes granite countertops, new cabinetry, a new refrigerator and stove, recessed lighting, and contemporary finishes throughout. The functional four-bedroom floor plan provides excellent flexibility and strong rental appeal. Additional improvements include a 200-amp electrical panel, upgraded plumbing, and several new windows. A large backyard storage shed offers ample space for tools and equipment. Whether you're expanding your investment portfolio or purchasing your first rental property, this is a true turnkey opportunity! Buyer to verify rents, leases, expenses & projections. Room dimensions are approximate.
Active
$189,900
2504 Collier St, Indianapolis, IN 46241
4beds
1,250sqft
Residential, Single Family Residence
Built in 1945
5,227 Square Feet Lot
$-- Zestimate®
$152/sqft
$-- HOA
What's special
Functional four-bedroom floor planContemporary finishes throughoutGranite countertopsRecessed lightingBeautifully updated kitchenTiled shower surroundNew refrigerator and stove
- 6 days |
- 290 |
- 19 |
Zillow last checked:
Listing updated:
Listed by:
James Goetz 317-716-1977,
BandWagon Real Estate, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22110603
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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: 161.5 Square Feet
- Dimensions: 17x9.5
Bedroom 2
- Level: Main
- Area: 80.75 Square Feet
- Dimensions: 9.5x8.5
Bedroom 3
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10x12
Bedroom 4
- Level: Main
- Area: 112.5 Square Feet
- Dimensions: 12.5x09
Foyer
- Level: Main
- Area: 114 Square Feet
- Dimensions: 12x9.5
Kitchen
- Level: Main
- Area: 91 Square Feet
- Dimensions: 13x07
Laundry
- Level: Main
- Area: 47.5 Square Feet
- Dimensions: 9.5x5
Living room
- Level: Main
- Area: 312 Square Feet
- Dimensions: 24x13
Heating
- Zoned
Cooling
- Dual
Appliances
- Included: Gas Cooktop, Refrigerator
- Laundry: Main Level
Features
- Built-in Features
- Has basement: No
Interior area
- Total structure area: 1,250
- Total interior livable area: 1,250 sqft
Property
Parking
- Parking features: Gravel
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
Lot
- Size: 5,227 Square Feet
Details
- Additional structures: Barn Mini, Storage
- Parcel number: 491120118424000900
- Special conditions: Flood Plain,Other
- 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: 1945
Utilities & green energy
- Electric: 200+ Amp Service
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $152/sqft
- Tax assessed value: $93,800
- Annual tax amount: $718
- Date on market: 6/27/2026
- Cumulative days on market: 8 days
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2026 | Listed for sale | $189,900+279.8%$152/sqft |
Source:  MIBOR as distributed by MLS GRID #22110603 Report a problem | ||
| 5/24/2026 | Listed for rent | $2,464$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/2/2026 | Sold | $50,000$40/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $717 +12.2% | $93,800 +24.6% |
| 2024 | $639 -3.6% | $75,300 +9.3% |
| 2023 | $663 +15.1% | $68,900 +3.1% |
| 2022 | $576 +16% | $66,800 +32.3% |
| 2021 | $497 -0.1% | $50,500 +16.6% |
| 2020 | $497 +11.3% | $43,300 |
| 2019 | $447 -3.9% | $43,300 +1.4% |
| 2018 | $465 -11.1% | $42,700 +4.1% |
| 2017 | $524 +11.2% | $41,000 -2.4% |
| 2016 | $471 +16.7% | $42,000 -2.8% |
| 2014 | $403 +1.3% | $43,200 +2.9% |
| 2013 | $398 | $42,000 +1.4% |
| 2012 | $398 | $41,400 +6.4% |
| 2011 | -- | $38,900 |
| 2010 | $785 -3.2% | $38,900 -3.2% |
| 2009 | $811 | $40,200 -13.9% |
| 2007 | -- | $46,700 +9.6% |
| 2006 | -- | $42,600 +6.2% |
| 2005 | -- | $40,100 |
| 2004 | -- | $40,100 -2% |
| 2003 | -- | $40,900 +118.7% |
| 2002 | -- | $18,700 +200.2% |
| 2001 | -- | $6,230 |
| 2000 | -- | $6,230 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Mars Hill
Nearby schools
GreatSchools rating
- 5/10Stout Field Elementary SchoolGrades: PK-6Distance: 0.3 mi
- 4/10Lynhurst 7th & 8th Grade CenterGrades: 7-8Distance: 0.8 mi
- NABen Davis Ninth Grade CenterGrades: 9Distance: 4.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Marion County
- Indianapolis
- 46241
- Mars Hill
- 2504 Collier St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Indianapolis Topics
