Great Investor Opportunity! Would make a great rental or flip. Tons of potential for this property. The property needs foundation work and driveway, see photos.
Sold
$28,000
3124 N Colorado Ave, Indianapolis, IN 46218
1beds
504sqft
Residential, Single Family Residence
Built in 1950
5,227 Square Feet Lot
$70,900 Zestimate®
$56/sqft
$1,015 Estimated rent
Home value
$70,900
$55,000 - $90,000
$1,015/mo
Zestimate® history
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$141/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Fabiola Veguilla 317-519-7869,
Highgarden Real Estate
Bought with:
Shauna Williams
Keller Williams Indy Metro NE
Source: MIBOR as distributed by MLS GRID,MLS#: 21939767
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Features: Other
- Level: Main
- Dimensions: 0x0
Cooling
- None
Appliances
- Included: None
Features
- Windows: Windows Vinyl
- Has basement: No
Interior area
- Total structure area: 504
- Total interior livable area: 504 sqft
- Finished area below ground: 0
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 5,227 Square Feet
Details
- Parcel number: 490721134046000101
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Water: Municipal/City
Community & HOA
Community
- Subdivision: Robinwood
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $56/sqft
- Tax assessed value: $36,100
- Annual tax amount: $1,380
- Date on market: 8/26/2023
- Cumulative days on market: 47 days
Price history
| Date | Event | Price |
|---|---|---|
| 11/9/2023 | Sold | $28,000-14.9%$56/sqft |
Source:  MIBOR as distributed by MLS GRID #21939767 Report a problem | ||
| 10/15/2023 | Pending sale | $32,900$65/sqft |
Source: MIBOR as distributed by MLS GRID #21939767 Report a problem | ||
| 8/26/2023 | Listed for sale | $32,900+295.2%$65/sqft |
Source: MIBOR as distributed by MLS GRID #21939767 Report a problem | ||
| 3/22/2023 | Sold | $8,325+66.5%$17/sqft |
Source: Public Record Report a problem | ||
| 2/24/2011 | Sold | $5,000$10/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $231 -73.6% | $36,100 +7.1% |
| 2024 | $875 +4.7% | $33,700 -8.7% |
| 2023 | $836 +63.9% | $36,900 +4.2% |
| 2022 | $510 +25.1% | $35,400 +60.2% |
| 2021 | $408 +4% | $22,100 +25.6% |
| 2020 | $392 +5.4% | $17,600 +6% |
| 2019 | $372 -55.1% | $16,600 +6.4% |
| 2018 | $828 +67.9% | $15,600 +7.6% |
| 2017 | $493 +76.3% | $14,500 +8.2% |
| 2016 | $280 -2.7% | $13,400 +0.8% |
| 2014 | $288 +64.6% | $13,300 -25.3% |
| 2013 | $175 | $17,800 +2.3% |
| 2012 | $175 | $17,400 -3.9% |
| 2011 | -- | $18,100 |
| 2010 | $376 -2.5% | $18,100 |
| 2009 | $386 | $18,100 -28.7% |
| 2007 | -- | $25,400 |
Find assessor info on the county website
Neighborhood: Martindale-Brightwood
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Nearby schools
GreatSchools rating
- 3/10James Russell Lowell School 51Grades: PK-5Distance: 1 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 4 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 3.2 mi
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Estimated market value
$70,900
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
$70,900
- Indiana
- Marion County
- Indianapolis
- 46218
- Martindale-Brightwood
- 3124 N Colorado Ave
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