Looking for a home with a track record? This Indianapolis property has already proven itself as a reliable income producer, previously rented at $1,450/month - making it a smart pickup for investors looking to add a cash-flowing asset, or for an owner-occupant who wants built-in equity potential from day one. Inside, you'll find 4 bedrooms and 1.5 bathrooms, offering flexible space for a growing family, roommates, or long-term tenants. A garage adds valuable, covered parking and extra storage - a real perk in this price range. Big-ticket items are already handled here, too: newer appliances, water heater, HVAC - all replaced in 2024. That means less to worry about and lower risk for buyers and investors alike, since the major systems that typically eat into returns are already fresh. Location works in your favor as well: you're minutes from downtown Indianapolis, with easy access to Ivy Tech Community College, Butler University, and the broader Near Eastside corridor - a draw for renters and buyers who want city convenience without downtown pricing. Whether you're expanding a rental portfolio or searching for a home with real upside, 2741 N Keystone Ave offers a rare combination: proven rental history, recently updated systems, real living space, and a location with staying power. Investor-friendly. Move-in ready. Priced to perform.
Active
$135,000
2741 N Keystone Ave, Indianapolis, IN 46218
4beds
1,425sqft
Residential, Single Family Residence
Built in 1960
0.26 Acres Lot
$202,100 Zestimate®
$95/sqft
$-- HOA
What's special
Real living spaceNewer appliances
- 1 day |
- 479 |
- 55 |
Zillow last checked:
Listing updated:
Listed by:
Nicole Busse 317-750-2619,
@properties
Source: MIBOR as distributed by MLS GRID,MLS#: 22121044
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 4
Bedroom 2
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12x9
Bedroom 3
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10x9
Bedroom 4
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Other
- Level: Main
- Area: 238 Square Feet
- Dimensions: 17x14
Dining room
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11x9
Kitchen
- Level: Main
- Area: 80 Square Feet
- Dimensions: 10x8
Laundry
- Level: Main
- Area: 36 Square Feet
- Dimensions: 9x4
Living room
- Level: Main
- Area: 240 Square Feet
- Dimensions: 16x15
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Gas Water Heater, Range Hood, Refrigerator
Features
- Has basement: No
Interior area
- Total structure area: 1,425
- Total interior livable area: 1,425 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.26 Acres
Details
- Parcel number: 490729151150000101
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Brick, Stone
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Elmwood
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $95/sqft
- Tax assessed value: $130,300
- Annual tax amount: $3,194
- Date on market: 8/25/2026
- Cumulative days on market: 3 days
Estimated market value
$202,100
$190,000 - $214,000
$1,487/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Listed for sale | $135,000-20.5%$95/sqft |
Source:  MIBOR as distributed by MLS GRID #22121044 Report a problem | ||
| 4/16/2025 | Listing removed | $169,900$119/sqft |
Source: MIBOR as distributed by MLS GRID #22022378 Report a problem | ||
| 2/27/2025 | Price change | $169,900-2.9%$119/sqft |
Source: MIBOR as distributed by MLS GRID #22022378 Report a problem | ||
| 2/14/2025 | Listed for sale | $174,900+0.5%$123/sqft |
Source: MIBOR as distributed by MLS GRID #22022378 Report a problem | ||
| 1/22/2025 | Listing removed | $1,450$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/2/2024 | Price change | $1,450-3.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/13/2024 | Price change | $1,500-6.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/1/2024 | Listed for rent | $1,600+18.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/17/2022 | Sold | $174,000+180.6%$122/sqft |
Source: Public Record Report a problem | ||
| 3/2/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 2/2/2022 | Listed for rent | $1,350$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 10/14/2021 | Sold | $62,000+77.1%$44/sqft |
Source: Public Record Report a problem | ||
| 6/22/2006 | Sold | $35,000$25/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,812 +0.2% | $130,300 +10% |
| 2024 | $2,806 +1.1% | $118,500 +0.2% |
| 2023 | $2,777 +317.3% | $118,300 +0.6% |
| 2022 | $665 +47.4% | $117,600 +38.7% |
| 2021 | $452 -70.5% | $84,800 +18.6% |
| 2020 | $1,532 -1.4% | $71,500 +10.2% |
| 2019 | $1,553 +2% | $64,900 -0.5% |
| 2018 | $1,522 -2.6% | $65,200 -7.1% |
| 2017 | $1,563 +4.9% | $70,200 |
| 2016 | $1,489 +2.2% | $70,200 +4.2% |
| 2014 | $1,457 -0.7% | $67,400 |
| 2013 | $1,467 | $67,400 +3.1% |
| 2012 | $1,467 | $65,400 +1.2% |
| 2011 | -- | $64,600 |
| 2010 | $1,343 -2.5% | $64,600 |
| 2009 | $1,377 | $64,600 -6.2% |
| 2007 | -- | $68,900 +8% |
| 2006 | -- | $63,800 +6% |
| 2005 | -- | $60,200 |
| 2004 | -- | $60,200 |
| 2003 | -- | $60,200 +79.2% |
| 2002 | -- | $33,600 +200% |
| 2001 | -- | $11,200 |
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: Martindale-Brightwood
Nearby schools
GreatSchools rating
- 4/10Arlington Woods School 99Grades: PK-6Distance: 0.8 mi
- 10/10H.L. Harshman Magnet Middle SchoolGrades: 6-8Distance: 1.9 mi
- 5/10Shortridge High SchoolGrades: 9-12Distance: 2 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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