This beautifully updated second-floor condo is a rare find, offering 3 bedrooms, 2 full baths, an office, and an open, comfortable layout perfect for everyday living or entertaining. Recent renovations include a new air conditioner and water heater and a partial kitchen remodel, providing peace of mind and modern convenience. The private one-car garage features a newly installed automatic opener.
The primary bedroom includes a generous walk-in closet and a private en suite bath. An enclosed patio extends your living space, ideal for gatherings or relaxing evenings, with convenient pass-through access to the kitchen and breezeway entry to the expansive living room.
Residents enjoy access to a large community swimming pool and a children’s playground. The condo association covers roof maintenance, water, sewer, and snow removal, making this a low-maintenance, high-comfort home, all for just $285/mo.
This home is conveniently located close to a variety of dining and shopping venues, including Greenwood Park Mall.
For sale by owner
Price cut: $4K (7/15)
$115,000
2721 Palo Verde Ct, Indianapolis, IN 46227
3beds
1,544sqft
:
Get pre-qualified$813/mo
Condo
Built in 1978
-- sqft lot
$-- Zestimate®
$74/sqft
$-- HOA
What's special
Private one-car garageOpen comfortable layoutPrivate en suite bathNewly installed automatic openerKitchen updates
- 139 days |
- 738 |
- 40 |
Listed by:
Property Owner (317) 408-7390
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air, Electric
Cooling
- Central, Other
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Range / Oven, Refrigerator, Washer
Features
- Flooring: Tile, Laminate
- Basement: None
- Furnished: Yes
Interior area
- Total interior livable area: 1,544 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage - Detached, Off-street
Lot
- Size: 871 Square Feet
Details
- Parcel number: 491520104199000500
Construction
Type & style
- Home type: Condo
Materials
- Other
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1978
Community & HOA
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $74/sqft
- Tax assessed value: $129,600
- Annual tax amount: $1,218
- Date on market: 3/8/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,733/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Price change | $115,000-3.4%$74/sqft |
Source: Owner Report a problem | ||
| 6/3/2026 | Price change | $119,000-4.8%$77/sqft |
Source: Owner Report a problem | ||
| 3/8/2026 | Listed for sale | $125,000+197.6%$81/sqft |
Source: Owner Report a problem | ||
| 3/4/2025 | Listing removed | $1,450$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/20/2025 | Listed for rent | $1,450+26.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/10/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/9/2022 | Listed for rent | $1,150+35.3%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/31/2017 | Listing removed | $850$1/sqft |
Source: Owner Report a problem | ||
| 5/1/2017 | Listed for rent | $850$1/sqft |
Source: Owner Report a problem | ||
| 4/7/2017 | Sold | $42,000-9.3%$27/sqft |
Source:  MIBOR as distributed by MLS GRID #21435375 Report a problem | ||
| 3/29/2017 | Pending sale | $46,290$30/sqft |
Source: Carpenter Realtors, Inc. #21435375 Report a problem | ||
| 2/22/2017 | Price change | $46,290-5%$30/sqft |
Source: South Meridian #21435375 Report a problem | ||
| 1/18/2017 | Price change | $48,735-5%$32/sqft |
Source: South Meridian #21435375 Report a problem | ||
| 12/6/2016 | Price change | $51,300-5%$33/sqft |
Source: South Meridian #21435375 Report a problem | ||
| 11/15/2016 | Price change | $54,000-6.7%$35/sqft |
Source: South Meridian #21435375 Report a problem | ||
| 9/28/2016 | Price change | $57,900-7.9%$38/sqft |
Source: South Meridian #21435375 Report a problem | ||
| 8/9/2016 | Listed for sale | $62,900$41/sqft |
Source: Carpenter, REALTORS #21435375 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,218 +3.7% | $129,600 +9% |
| 2024 | $1,175 +7.2% | $118,900 -0.4% |
| 2023 | $1,095 +75.1% | $119,400 +12.5% |
| 2022 | $626 +14.2% | $106,100 +37.6% |
| 2021 | $548 +6.7% | $77,100 +10.1% |
| 2020 | $514 +22.2% | $70,000 +6.7% |
| 2019 | $420 -17.6% | $65,600 +23.5% |
| 2018 | $510 -81.5% | $53,100 -12.4% |
| 2017 | $2,763 +119.6% | $60,600 +18.6% |
| 2016 | $1,258 -8.8% | $51,100 -10.2% |
| 2014 | $1,380 +1.3% | $56,900 |
| 2013 | $1,363 | $56,900 +2% |
| 2012 | $1,363 | $55,800 -6.2% |
| 2011 | -- | $59,500 -5% |
| 2010 | $1,252 | $62,600 |
| 2009 | $1,252 | $62,600 -6.6% |
| 2007 | -- | $67,000 +0.1% |
| 2006 | -- | $66,900 |
| 2005 | -- | $66,900 |
| 2004 | -- | $66,900 |
| 2003 | -- | $66,900 +82.8% |
| 2002 | -- | $36,600 |
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: South Perry
Nearby schools
GreatSchools rating
- 5/10Winchester Village Elementary SchoolGrades: 1-5Distance: 0.6 mi
- 6/10Southport Middle SchoolGrades: 7-8Distance: 2.8 mi
- 4/10Southport High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- District: Perry Township
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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