Investor-ready or perfect for a first-time buyer. This 2-bedroom, 1-bath home is currently tenant-occupied with a month-to-month lease at $1,200/month, offering immediate cash flow. With solid updates and strong rental income, this property is a great addition to any portfolio. Seller is open to lease options, seller financing, FHA, and conventional buyers-making this a flexible and accessible opportunity. Available individually or as part of a larger portfolio on Alice Ave.
Sold
$104,500
3014 Alice Ave, Indianapolis, IN 46237
2beds
728sqft
Residential, Single Family Residence
Built in 1942
0.36 Acres Lot
$126,700 Zestimate®
$144/sqft
$1,228 Estimated rent
Home value
$126,700
$104,000 - $148,000
$1,228/mo
Zestimate® history
Owner options
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$1,228/mo
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$1,228/mo
Rent Zestimate®
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$525/mo
Est. payment
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$525/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Max Moore 317-476-3338,
@properties,
Kyle Hoffman,
@properties
Bought with:
Linda Share
JA Village Realty LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22027321
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Features: Other
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Bedroom 2
- Features: Other
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Dining room
- Features: Other
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Kitchen
- Features: Other
- Level: Main
- Area: 180 Square Feet
- Dimensions: 12x15
Living room
- Features: Other
- Level: Main
- Area: 180 Square Feet
- Dimensions: 12x15
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Gas Oven
Features
- Eat-in Kitchen
- Has basement: No
Interior area
- Total structure area: 728
- Total interior livable area: 728 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.36 Acres
Details
- Parcel number: 491029106014000574
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Aluminum Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 1942
Utilities & green energy
- Water: Municipal/City
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: No Subdivision
Price history
| Date | Event | Price |
|---|---|---|
| 8/2/2025 | Listing removed | $1,149$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/22/2025 | Listed for rent | $1,149+12.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/11/2025 | Sold | $104,500-17.7%$144/sqft |
Source:  MIBOR as distributed by MLS GRID #22027321 Report a problem | ||
| 5/9/2025 | Pending sale | $126,900$174/sqft |
Source: MIBOR as distributed by MLS GRID #22027321 Report a problem | ||
| 3/18/2025 | Listed for sale | $126,900$174/sqft |
Source: MIBOR as distributed by MLS GRID #22027321 Report a problem | ||
| 1/14/2023 | Listing removed | -- |
Source: MIBOR as distributed by MLS GRID Report a problem | ||
| 12/7/2022 | Listed for rent | $1,025-8.9%$1/sqft |
Source: MIBOR as distributed by MLS GRID Report a problem | ||
| 4/22/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 4/14/2022 | Price change | $1,125-6.3%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/15/2022 | Listed for rent | $1,200$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,464 +4.4% | $107,200 +10.7% |
| 2024 | $2,360 +7.8% | $96,800 +4.3% |
| 2023 | $2,189 +4.9% | $92,800 +8.4% |
| 2022 | $2,086 +7.8% | $85,600 +6.5% |
| 2021 | $1,935 +16.5% | $80,400 +8.5% |
| 2020 | $1,660 +2.8% | $74,100 +17.2% |
| 2019 | $1,614 -1.5% | $63,200 +1.8% |
| 2018 | $1,638 -0.4% | $62,100 +0.6% |
| 2017 | $1,645 +7.9% | $61,700 +2.5% |
| 2016 | $1,524 +6.5% | $60,200 +2% |
| 2014 | $1,431 -3.2% | $59,000 |
| 2013 | $1,477 | $59,000 -2.5% |
| 2012 | $1,477 | $60,500 +7.7% |
| 2011 | -- | $56,200 |
| 2010 | $1,124 | $56,200 |
| 2009 | $1,124 | $56,200 +1.6% |
| 2007 | -- | $55,300 |
Find assessor info on the county website
Neighborhood: University Heights
Nearby schools
GreatSchools rating
- NAJeremiah Gray KindergartenGrades: K-1Distance: 2.5 mi
- 6/10Southport Middle SchoolGrades: 7-8Distance: 2.7 mi
- 4/10Southport High SchoolGrades: 9-12Distance: 3.8 mi
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Estimated market value
$126,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$126,700
- Indiana
- Marion County
- Indianapolis
- 46237
- University Heights
- 3014 Alice Ave
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