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  • $259,000

    31 E Palmer St, Indianapolis, IN 46225

    3beds
    1,454sqft
    Residential, Single Family Residence
    Built in 1890
    3,484 Square Feet Lot
    $261,100 Zestimate®
    $178/sqft
    $1,635 Estimated rent

    Home value

    $261,100

    $248,000 - $274,000

    $1,635/mo

    Zestimate® history
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    What's special

    Motivated sellers!! Top quality beautiful 3 bedroom 2 bath home down to studs rehab. Location is close to downtown and Fountain Square. No stone unturned for this new home. Open concept living room, kitchen and dining area with large windows for natural light. Center island perfect with a breakfast bar and black stainless farm sink. White shaker 42" wall cabinets with granite counter tops. Oversized walk in pantry for extra storage. New stainless appliances spark this kitchen. Primary bedroom separate from other bedrooms. Nice size walk in closet. Bath has walk in shower and double sinks. Laundry room convenient on the main floor. Basement is clean, painted and dry with all new furnace and water heater. This area spacious for extra storage. The exterior of the home has a 14X12 front covered deck for those rainy days and a 16X12 rear uncovered deck for the sunny days. There is plenty of room for a garden around the cherry and apple tree on this partially fenced double lot. Currently there is a 10X20 block building on the property that can be converted to a garage. Electric is at the garage.

    Zillow last checked:

    Listing updated:

    Listed by:

    Audrey Satterblom 317-902-9477,

    A.S.A.P. Real Estate

    Bought with:

    James Wilson

    Real Broker, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 21977566MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Primary bedroom
    • Features: Carpet
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 12X11
    Bedroom 2
    • Features: Carpet
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 12X10
    Bedroom 3
    • Features: Carpet
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 12X11
    Dining room
    • Features: Vinyl Plank
    • Level: Main
    • Area: 289 Square Feet
    • Dimensions: 17X17
    Kitchen
    • Features: Vinyl Plank
    • Level: Main
    • Area: 153 Square Feet
    • Dimensions: 17X9
    Laundry
    • Features: Vinyl Plank
    • Level: Main
    • Area: 24 Square Feet
    • Dimensions: 6X4
    Living room
    • Features: Vinyl Plank
    • Level: Main
    • Area: 210 Square Feet
    • Dimensions: 15X14
    Heating
    • Forced Air
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Dishwasher, Electric Water Heater, Disposal, Microwave, Gas Oven, Refrigerator, Water Heater
    • Laundry: Laundry Room
    Features
    • Breakfast Bar, High Ceilings, Kitchen Island, Ceiling Fan(s), Eat-in Kitchen, Pantry, Walk-In Closet(s)
    • Windows: Screens, Windows Vinyl, Wood Work Painted
    • Basement: Storage Space,Unfinished
    Interior area
    • Total structure area: 1,454
    • Total interior livable area: 1,454 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached
    • Garage spaces: 1
    • Details: Garage Parking Other(Service Door)
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Deck
    Lot
    • Size: 3,484 Square Feet
    • Features: Access, Corner Lot, Curbs, Not In Subdivision, Sidewalks, Street Lights, Trees-Small (Under 20 Ft)
    Details
    • Parcel number: 491113124002000101
    • Other equipment: Radon System
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Residential, Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Block, Brick/Mortar
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1890

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Water: Municipal/City
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: Franks S Meridian St
    HOA
    • Has HOA: No
    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $178/sqft
    • Tax assessed value: $258,700
    • Annual tax amount: $1,520
    • Date on market: 5/4/2024
    • Cumulative days on market: 42 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    2/7/2026Listing removed$2,500$2/sqft
    Source: Zillow Rentals Report a problem
    1/16/2026Listed for rent$2,500$2/sqft
    Source: Zillow Rentals Report a problem
    7/17/2024Sold$259,000-4%$178/sqft
    Source: MIBOR as distributed by MLS GRID #21977566 Report a problem
    6/16/2024Pending sale$269,900$186/sqft
    Source: MIBOR as distributed by MLS GRID #21977566 Report a problem
    6/9/2024Price change$269,900-3.6%$186/sqft
    Source: MIBOR as distributed by MLS GRID #21977566 Report a problem
    5/28/2024Price change$279,900-1.4%$193/sqft
    Source: MIBOR as distributed by MLS GRID #21977566 Report a problem
    5/18/2024Price change$284,000-0.7%$195/sqft
    Source: MIBOR as distributed by MLS GRID #21977566 Report a problem
    5/14/2024Price change$286,000-1.4%$197/sqft
    Source: MIBOR as distributed by MLS GRID #21977566 Report a problem
    5/4/2024Listed for sale$290,000+141.7%$199/sqft
    Source: MIBOR as distributed by MLS GRID #21977566 Report a problem
    9/8/2023Sold$120,000$83/sqft
    Source: MIBOR as distributed by MLS GRID #21924725 Report a problem
    7/23/2023Pending sale$120,000$83/sqft
    Source: MIBOR as distributed by MLS GRID #21924725 Report a problem
    7/10/2023Price change$120,000-27.3%$83/sqft
    Source: MIBOR as distributed by MLS GRID #21924725 Report a problem
    6/2/2023Listed for sale$165,000+83.3%$113/sqft
    Source: MIBOR as distributed by MLS GRID #21924725 Report a problem
    3/17/2022Sold$90,000-9.9%$62/sqft
    Source: Public Record Report a problem
    2/21/2022Price change$99,900-13.1%$69/sqft
    Source: MIBOR as distributed by MLS GRID #21838232 Report a problem
    2/16/2022Listed for sale$115,000$79/sqft
    Source: MIBOR as distributed by MLS GRID #21838232 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,836 +1.5%$258,700 +116.5%
    2024$2,794 +83.8%$119,500 +2.1%
    2023$1,520 +23.4%$117,000 +84%
    2022$1,232 -1.3%$63,600 +21.4%
    2021$1,248 +20.9%$52,400 -1.1%
    2020$1,032 +28.6%$53,000 +23.3%
    2019$802 +12.7%$43,000 +29.9%
    2018$712 -0.2%$33,100 +5.1%
    2017$714 +11.7%$31,500 +6.4%
    2016$639 -8.6%$29,600 -6.6%
    2014$699 -16.6%$31,700 -4.5%
    2013$839 $33,200 -8.8%
    2012$839 $36,400 +16.3%
    2011-- $31,300
    2010$667 +11.1%$31,300 +13.4%
    2009$600 $27,600 -18.6%
    2007-- $33,900
    Find assessor info on the county website

    Neighborhood: Near Southside

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $261,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $261,100