This 3 bedroom, dining room, living room and 1.5 bath condo boasts considerable potential but requires renovation. Presenting a promising investment opportunity or ideal for owner-occupant scenario.
Sold
$75,000
3048 Central Ave, Indianapolis, IN 46205
3beds
1,848sqft
Residential, Condominium
Built in 1915
-- sqft lot
$170,600 Zestimate®
$41/sqft
$2,031 Estimated rent
Home value
$170,600
$138,000 - $205,000
$2,031/mo
Zestimate® history
Owner options
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$2,031/mo
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$2,031/mo
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$377/mo
Est. payment
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$377/mo
Est. payment
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Dining room
Zillow last checked:
Listing updated:
Listed by:
Kelly Wood 765-623-2441,
RE/MAX At The Crossing
Bought with:
Kendrick Major
Alliance Enterprise Services, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22062825
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 208 Square Feet
- Dimensions: 16x13
Bedroom 2
- Level: Upper
- Area: 117 Square Feet
- Dimensions: 13x09
Bedroom 3
- Level: Upper
- Area: 117 Square Feet
- Dimensions: 13x09
Dining room
- Level: Main
- Area: 225 Square Feet
- Dimensions: 15x15
Kitchen
- Level: Main
- Area: 117 Square Feet
- Dimensions: 13x09
Living room
- Level: Main
- Area: 195 Square Feet
- Dimensions: 15x13
Heating
- None
Cooling
- None
Appliances
- Included: None
Features
- Attic Access
- Basement: Unfinished
- Attic: Access Only
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,848
- Total interior livable area: 1,848 sqft
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
- Entry location: Building Private Entry,Ground Level
Lot
- Size: 5,227 Square Feet
Details
- Parcel number: 490624116061001101
- Special conditions: HUD Owned,As Is
- Horse amenities: None
Construction
Type & style
- Home type: Condo
- Architectural style: Craftsman
- Property subtype: Residential, Condominium
Materials
- Vinyl Siding
- Foundation: Block, Divided
Condition
- New construction: No
- Year built: 1915
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Osgoods 1st Central Ave Add
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $41/sqft
- Tax assessed value: $153,200
- Annual tax amount: $3,046
- Date on market: 9/16/2025
- Cumulative days on market: 78 days
Price history
| Date | Event | Price |
|---|---|---|
| 12/31/2025 | Sold | $75,000+2.9%$41/sqft |
Source:  MIBOR as distributed by MLS GRID #22062825 Report a problem | ||
| 12/2/2025 | Pending sale | $72,900$39/sqft |
Source: MIBOR as distributed by MLS GRID #22062825 Report a problem | ||
| 11/26/2025 | Price change | $72,900-12.1%$39/sqft |
Source: MIBOR as distributed by MLS GRID #22062825 Report a problem | ||
| 10/15/2025 | Price change | $82,900-7.9%$45/sqft |
Source: MIBOR as distributed by MLS GRID #22062825 Report a problem | ||
| 9/16/2025 | Listed for sale | $90,000$49/sqft |
Source: MIBOR as distributed by MLS GRID #22062825 Report a problem | ||
| 3/17/2020 | Listing removed | $900 |
Source: PMI Meridian Management Report a problem | ||
| 3/8/2020 | Price change | $900-9.5% |
Source: PMI Meridian Management Report a problem | ||
| 2/23/2020 | Listed for rent | $995+4.7%$1/sqft |
Source: PMI Meridian Management Report a problem | ||
| 8/8/2019 | Listing removed | $950$1/sqft |
Source: Hoosier Real Estate Property Management Report a problem | ||
| 7/22/2019 | Listed for rent | $950+91.9%$1/sqft |
Source: Hoosier Real Estate Property Management Report a problem | ||
| 12/31/2011 | Listing removed | $495 |
Source: Lifetime Properties Report a problem | ||
| 11/4/2011 | Listed for rent | $495 |
Source: Lifetime Properties Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,047 | $153,200 +19.3% |
| 2024 | -- | $128,400 |
Find assessor info on the county website
Neighborhood: Mapleton-Fall Creek
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Nearby schools
GreatSchools rating
- 5/10William Bell School 60 - A Butler Lab Reggio Emilia SchoolGrades: PK-5Distance: 0.4 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 3 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 0.3 mi
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Estimated market value
$170,600
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
$170,600
- Indiana
- Marion County
- Indianapolis
- 46205
- Mapleton-Fall Creek
- 3048 Central Ave
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