INVESTOR OPPORTUNITY - INCOME-PRODUCING RENTAL! Great opportunity to add a cash-flowing property to your portfolio. This 2-bedroom, 1-bath single-family home is currently rented for $1,300 per month with long-term tenants who have occupied the property for several years. (Section 8) Located in an up-and-coming neighborhood with growing rental demand, this property offers immediate rental income with potential for future rent growth. Property is being sold AS-IS. Ideal for investors looking for an established rental with income already in place.
Active
$125,000
3259 Nicholas Ave, Indianapolis, IN 46218
2beds
2,110sqft
Residential, Single Family Residence
Built in 1955
0.47 Acres Lot
$-- Zestimate®
$59/sqft
$-- HOA
What's special
- 4 days
- 180
- 11
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Angie Daza angie@prestige1realty.com,
PRESTIGE SVA GROUP INC
Source: MIBOR as distributed by MLS GRID,MLS#: 22024016
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Bedroom 2
- Level: Upper
- Area: 100 Square Feet
- Dimensions: 10x10 apro
Dining room
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Kitchen
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Laundry
- Features: Other
- Level: Basement
- Area: 25 Square Feet
- Dimensions: 5x5
Living room
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12 aprox
Heating
- Has Heating (Unspecified Type)
Cooling
- None
Appliances
- Included: Gas Oven, Refrigerator
Features
- Entrance Foyer
- Has basement: Yes
Interior area
- Total structure area: 2,110
- Total interior livable area: 2,110 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: One and One Half
- Stories: 1
Lot
- Size: 0.47 Acres
Details
- Parcel number: 490719133061000101
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding, Other
- Foundation: Block
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Hamps
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $59/sqft
- Tax assessed value: $60,100
- Annual tax amount: $1,808
- Date on market: 10/7/2026
- Cumulative days on market: 6 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/7/2026 | Listed for sale | $125,000+66.7%$59/sqft |
Source:  MIBOR as distributed by MLS GRID #22024016 Report a problem | ||
| 1/28/2022 | Sold | $75,000+74.4%$36/sqft |
Source: Public Record Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/19/2020 | Sold | $43,000-10.4%$20/sqft |
Source: Public Record Report a problem | ||
| 10/1/2020 | Listed for sale | $48,000+71.4%$23/sqft |
Source: Owner Report a problem | ||
| 6/25/2018 | Sold | $28,000$13/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,868 +3.3% | $60,100 -23.6% |
| 2024 | $1,807 +6.9% | $78,700 +3.3% |
| 2023 | $1,690 +53.9% | $76,200 +6.4% |
| 2022 | $1,098 +27.5% | $71,600 +50.4% |
| 2021 | $861 +5.8% | $47,600 +28% |
| 2020 | $814 +31.5% | $37,200 +7.8% |
| 2019 | $619 +9.6% | $34,500 +32.7% |
| 2018 | $565 -7.6% | $26,000 +3.6% |
| 2017 | $611 -13% | $25,100 |
| 2016 | $703 +8% | $25,100 -46.4% |
| 2014 | $651 +68.8% | $46,800 |
| 2013 | $385 | $46,800 +1.5% |
| 2012 | $385 | $46,100 -7.8% |
| 2011 | -- | $50,000 |
| 2010 | $390 +11.4% | $50,000 |
| 2009 | $350 | $50,000 -17.2% |
| 2007 | -- | $60,400 +40.8% |
| 2006 | -- | $42,900 +1.4% |
| 2005 | -- | $42,300 |
| 2004 | -- | $42,300 |
| 2003 | -- | $42,300 +104.3% |
| 2002 | -- | $20,700 +200% |
| 2001 | -- | $6,900 |
| 2000 | -- | $6,900 |
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
- $137,5003 bd1 ba1.7k sqft3244 Nicholas Ave, Indianapolis, IN 46218Active
MLS ID #22127281, Nikita Crawford, JNA REALTY LLC. MIBOR as distributed by MLS GRID - $126,5002 bd1 ba1.6k sqft3511 N Keystone Ave, Indianapolis, IN 46218Active
MLS ID #22121341, Lora Reynolds, Epique Inc. MIBOR as distributed by MLS GRID - $125,0002 bd1 ba1.6k sqft3923 E 34th St, Indianapolis, IN 46218Active
MLS ID #22123502, Andrew Hehman, eXp Realty LLC. MIBOR as distributed by MLS GRID - $135,0002 bd1 ba1.8k sqft3312 Schofield Ave, Indianapolis, IN 46218Active
MLS ID #22118311, Kurt Clements, Diverse Property Solutions Ind. MIBOR as distributed by MLS GRID
