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Sold
  • $125,000

    3018 W 16th St, Indianapolis, IN 46222

    3beds
    2,080sqft
    Residential, Single Family Residence
    Built in 1930
    6,969.6 Square Feet Lot
    $125,800 Zestimate®
    $60/sqft
    $1,672 Estimated rent

    Home value

    $125,800

    $118,000 - $133,000

    $1,672/mo

    Zestimate® history
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    $1,672/mo

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    $628/mo

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    What's special

    Strong street presenceMultiple desks and chairsStorage cabinetsAll phone merchandiseGlass countersFour display casesInterior floor mats
    Well-established cell phone and pager business with 30 years of operation. The sale includes all business equipment and inventory featuring four display cases, glass counters, and all phone merchandise. Multiple desks and chairs, storage cabinets, shelving, and interior floor mats. All exterior signage is included. This versatile commercial property in a high-visibility location near Speedway with flexible-use potential. Space can be adapted for a variety of business uses. All existing fixtures and equipment will convey or be removed at closing. Full bathroom on the main floor and a half bathroom in the basement. Basement generates immediate income with a long-term tenant in place at $850/month, with potential for future rent growth. NEW Roof in 2023. Rear parking for up to 12 vehicles and strong street presence. Ideal for investors or owner-users seeking space in a well-located area. This property is zoned C-5, land use residential as well.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Jen Mattos 317-572-5307,

    Garnet Group

    Bought with:

    Marcia Souers

    eXp Realty, LLC

    Salvador Espinoza Villa

    eXp Realty, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22088730MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 3
    Primary bedroom
    • Features: Other
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Bedroom 2
    • Features: Other
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Bedroom 3
    • Features: Other
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Office
    • Features: Other
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Office
    • Features: Other
    • Level: Main
    • Area: 50 Square Feet
    • Dimensions: 10x5
    Office
    • Features: Other
    • Level: Main
    • Area: 50 Square Feet
    • Dimensions: 10x5
    Office
    • Features: Other
    • Level: Main
    • Area: 50 Square Feet
    • Dimensions: 10x5
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: None
    Features
    • Attic Access, Attic Stairway
    • Basement: Egress Window(s),Exterior Entry,Partially Finished,Roughed In,Storage Space
    • Attic: Access Only,Permanent Stairs
    Interior area
    • Total structure area: 2,080
    • Total interior livable area: 2,080 sqft
    • Finished area below ground: 780

    Property

    Parking
    • Parking features: Alley Access, Assigned, Common, Asphalt
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 6,969 sqft
    • Features: Busline
    Details
    • Parcel number: 490633109105000901
    • Special conditions: As Is
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Residential, Single Family Residence
    Materials
    • Brick, Vinyl Siding
    • Foundation: Other
    Condition
    • Fixer
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Water: Public
    • Utilities for property: Electricity Connected

    Community & neighborhood

    Security
    • Security features: Security System, See Remarks, Window Bars
    Location
    • Region: Indianapolis
    • Subdivision: West Haven

    Price history

    DateEventPrice
    3/31/2026Sold$125,000+8.7%$60/sqft
    Source: MIBOR as distributed by MLS GRID #22088730 Report a problem
    3/13/2026Pending sale$115,000$55/sqft
    Source: MIBOR as distributed by MLS GRID #22088730 Report a problem
    3/12/2026Listed for sale$115,000$55/sqft
    Source: MIBOR as distributed by MLS GRID #22088730 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,753 +0.3%$119,300 +19.8%
    2024$2,744 -0.1%$99,600
    2023$2,748 +4.9%$99,600
    2022$2,619 +0.2%$99,600 +11.9%
    2021$2,613 +1.3%$89,000
    2020$2,580 -3.1%$89,000 +3.1%
    2019$2,663 +13%$86,300
    2018$2,356 +2.8%$86,300 +1.3%
    2017$2,292 -8.5%$85,200 +1.9%
    2016$2,505 +4.6%$83,600 +1%
    2014$2,394 -10.2%$82,800
    2013$2,666 $82,800 +0.7%
    2012$2,666 $82,200 +2.9%
    2011-- $79,900
    2010$2,460 +4.6%$79,900
    2009$2,352 $79,900
    2007-- $79,900

    Find assessor info on the county website

    Neighborhood: Eagledale

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $125,800
    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
    $125,800