Active

Price cut: $3K (8/18)

$129,000

342 W 26th St, Indianapolis, IN 46208

3beds

2,184sqft

$903/mo

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Residential, Single Family Residence

Built in 1920

3,484 Square Feet Lot

$-- Zestimate^®

$59/sqft

$-- HOA

What's special

Covered front porchCorner lot

Excellent value-add investment opportunity in an area experiencing revitalization! This 3-bedroom, 1.5-bathroom single-family home sits on a corner lot and features a covered front porch along with a basement offering additional storage and flexibility. Major updates include a roof replacement in December 2021 and a furnace replacement in November 2024. Conveniently located less than one mile from I-65 and the Children's Museum, the property offers easy access to Downtown Indianapolis and surrounding amenities. The home is currently leased to a long-term tenant who has been in place since 2016, providing immediate rental income. Current rent is below market value, presenting an excellent opportunity to increase rents to market levels and create additional value. With its desirable location, recent mechanical updates, and rental upside, this property is a strong addition to any investment portfolio.

42 days
269
17

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1
Main level bathrooms: 1

Primary bedroom

Features: Luxury Vinyl Plank
Level: Upper
Dimensions: Not measured

Bedroom 2

Features: Luxury Vinyl Plank
Level: Upper
Dimensions: Not measured

Bedroom 3

Features: Luxury Vinyl Plank
Level: Upper
Dimensions: Not measured

Dining room

Level: Main
Dimensions: Not measured

Kitchen

Level: Main
Dimensions: Not measured

Living room

Features: Luxury Vinyl Plank
Level: Main
Dimensions: Not measured

Play room

Features: Other
Level: Basement
Dimensions: Not measured

Heating

Natural Gas

Cooling

Central Air

Appliances

Included: Other

Features

Hardwood Floors
Flooring: Hardwood
Has basement: Yes

Interior area

Total structure area: 2,184
Total interior livable area: 2,184 sqft
Finished area below ground: 0

Property

Features

Levels: Two
Stories: 2

Lot

Size: 3,484 Square Feet

Details

Parcel number: 490626176201000101
Horse amenities: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Residential, Single Family Residence

Materials

Vinyl Siding
Foundation: Concrete Perimeter

Condition

New construction: No
Year built: 1920

Utilities & green energy

Water: Public

Community & HOA

Community

Subdivision: No Subdivision

HOA

Has HOA: No

Location

Region: Indianapolis

Financial & listing details

Price per square foot: $59/sqft
Tax assessed value: $132,900
Annual tax amount: $3,196
Date on market: 7/17/2026
Cumulative days on market: 43 days

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/18/2026	Price change	$129,000-2.3%$59/sqft
Source: MIBOR as distributed by MLS GRID #22114942 Report a problem
8/5/2026	Price change	$132,000-3.6%$60/sqft
Source: MIBOR as distributed by MLS GRID #22114942 Report a problem
7/17/2026	Listed for sale	$137,000+756.3%$63/sqft
Source: MIBOR as distributed by MLS GRID #22114942 Report a problem
10/19/2013	Listing removed	$750
Source: Axiom Property Management Report a problem
9/26/2013	Listed for rent	$750
Source: Axiom Property Management Report a problem
8/5/2013	Sold	$16,000$7/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,743 +3.7%	$132,900 +15%
2024	$2,645 +14.7%	$115,600 +3.7%
2023	$2,307 +18.9%	$111,500 +14.1%
2022	$1,940 +26.6%	$97,700 +16.2%
2021	$1,533 +16.2%	$84,100 +27%
2020	$1,320 +14.9%	$66,200 +18.4%
2019	$1,148 +42.7%	$55,900 +16%
2018	$805 +3.5%	$48,200 +32.4%
2017	$778 +0%	$36,400 +5.5%
2016	$777 +4.8%	$34,500 +0.6%
2014	$742 -40.4%	$34,300 -39%
2013	$1,245	$56,200 +1.3%
2012	$1,245	$55,500 +5.5%
2011	--	$52,600
2010	$1,093 -2.5%	$52,600
2009	$1,121	$52,600 -14.9%
2007	--	$61,800