Strong-yield investment opportunity on Indianapolis' near northeast side, offered at $149,899 and leased at $1,735 per month, one of the highest rent-to-price ratios in this portfolio. Built in 1968, this is the newest building in the group, offering three bedrooms, one full and one half bathroom, and approximately 1,044 square feet on a slab foundation. The property is currently occupied under a one-year lease with approximately eight months remaining, delivering income from the closing table with no turnover or lease-up period. System ages include roof at eight to ten years, furnace and air conditioning at six to eight years, water heater at four years, and flooring at two to four years, with no reported plumbing or electrical issues. The property has required one maintenance call in the last six months and the tenant pays all utilities. No open code violations or liens. Located just east of the Indiana State Fairgrounds and minutes from Brookside Park in a corridor attracting continued reinvestment. One of thirteen buildings in a 17-unit Indianapolis rental portfolio available individually or as a package. Current rent roll available upon request. Property sold as-is.
Active
Price cut: $100 (7/29)
$149,899
3130 N Olney St, Indianapolis, IN 46218
3beds
1,044sqft
Residential, Single Family Residence
Built in 1968
5,662 Square Feet Lot
$147,100 Zestimate®
$144/sqft
$-- HOA
What's special
Three bedrooms
- 68 days
- 113
- 10
Zillow last checked:
Listing updated:
Listed by:
Max Moore 317-476-3338,
@properties,
Kenneth Fletcher,
@properties
Source: MIBOR as distributed by MLS GRID,MLS#: 22109591
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 182 Square Feet
- Dimensions: 14x13
Bedroom 2
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Bedroom 3
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Kitchen
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Living room
- Level: Main
- Area: 224 Square Feet
- Dimensions: 14x16
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Refrigerator, Gas Water Heater
- Laundry: In Unit
Features
- Attic Access, Central Vacuum, Eat-in Kitchen
- Has basement: No
- Attic: Access Only
Interior area
- Total structure area: 1,044
- Total interior livable area: 1,044 sqft
Property
Parking
- Parking features: None
Features
- Levels: One
- Stories: 1
Lot
- Size: 5,662 Square Feet
Details
- Parcel number: 490720108010000101
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding, Wood Siding
- Foundation: Slab, Crawl Space
Condition
- New construction: No
- Year built: 1968
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: North Plaza
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $144/sqft
- Tax assessed value: $133,000
- Annual tax amount: $1,426
- Date on market: 6/26/2026
- Cumulative days on market: 71 days
Estimated market value
$147,100
$140,000 - $154,000
$1,505/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Price change | $149,899-0.1%$144/sqft |
Source:  MIBOR as distributed by MLS GRID #22109591 Report a problem | ||
| 6/26/2026 | Listed for sale | $149,9990%$144/sqft |
Source: MIBOR as distributed by MLS GRID #22109591 Report a problem | ||
| 12/19/2024 | Sold | $150,000+328.6%$144/sqft |
Source: Public Record Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/9/2020 | Listing removed | $985$1/sqft |
Source: Owner Report a problem | ||
| 1/9/2020 | Listed for rent | $985$1/sqft |
Source: Owner Report a problem | ||
| 10/24/2019 | Listing removed | $985$1/sqft |
Source: Owner Report a problem | ||
| 9/4/2019 | Listed for rent | $985$1/sqft |
Source: Owner Report a problem | ||
| 7/24/2019 | Sold | $35,000-11.4%$34/sqft |
Source: MIBOR as distributed by MLS GRID #21637680 Report a problem | ||
| 7/24/2019 | Listed for sale | $39,500$38/sqft |
Source: No Limit Real Estate, LLC #21637680 Report a problem | ||
| 7/16/2019 | Pending sale | $39,500$38/sqft |
Source: No Limit Real Estate, LLC #21637680 Report a problem | ||
| 5/1/2019 | Listed for sale | $39,500+80.4%$38/sqft |
Source: No Limit Real Estate, LLC #21637680 Report a problem | ||
| 1/13/2016 | Sold | $21,900-4.4%$21/sqft |
Source: Public Record Report a problem | ||
| 12/29/2015 | Pending sale | $22,900$22/sqft |
Source: Murry's Real Estate Inc #21388416 Report a problem | ||
| 12/23/2015 | Price change | $22,900-30.4%$22/sqft |
Source: Murry's Real Estate Inc #21388416 Report a problem | ||
| 11/23/2015 | Listed for sale | $32,900$32/sqft |
Source: Murry's Real Estate Inc #21388416 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,426 -2.7% | $133,000 +121.3% |
| 2024 | $1,466 +23.4% | $60,100 -2.8% |
| 2023 | $1,188 +22.6% | $61,800 +22.9% |
| 2022 | $969 +29.9% | $50,300 +19.8% |
| 2021 | $746 +2.9% | $42,000 +30.4% |
| 2020 | $725 +9% | $32,200 +4.9% |
| 2019 | $665 -58.3% | $30,700 +10% |
| 2018 | $1,594 +145.3% | $27,900 +13% |
| 2017 | $650 +74.6% | $24,700 +33.5% |
| 2016 | $372 -2.7% | $18,500 +4.5% |
| 2014 | $383 -34.6% | $17,700 -33.5% |
| 2013 | $585 | $26,600 +1.9% |
| 2012 | $585 | $26,100 -3% |
| 2011 | -- | $26,900 |
| 2010 | $559 -2.5% | $26,900 |
| 2009 | $573 | $26,900 +5.1% |
| 2007 | -- | $25,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Martindale-Brightwood
Similar homes
- $159,9003 bd2 ba768 sqft3134 Adams St, Indianapolis, IN 46218Active
MLS ID #22105958, Patsy Coffey, Keller Williams Indy Metro Partners. MIBOR as distributed by MLS GRID - $149,9003 bd1 ba900 sqft5329 E 34th St, Indianapolis, IN 46218Active
MLS ID #22107701, Ashley Marino, Berkshire Hathaway HomeServices. MIBOR as distributed by MLS GRID - $116,0003 bd1 ba864 sqft5778 E 30th St, Indianapolis, IN 46218Active
MLS ID #22123533, Maxwell Richter, Wilmoth Group. MIBOR as distributed by MLS GRID - $194,9004 bd2 ba1.4k sqft3260 Baltimore Ave, Indianapolis, IN 46218Active
MLS ID #22123302, Braulio Moreno, AMR Real Estate LLC. MIBOR as distributed by MLS GRID
