Opportunity knocks! This charming 3-bedroom, 1-bath home offers 960 square feet of potential and is located just minutes from the University of Indianapolis campus - a prime spot for student rentals or first-time buyers looking for an affordable opportunity. The layout includes a spacious living room, functional kitchen, separate laundry/utility room, and two additional bedrooms perfect for roommates or work-from-home space. With a little TLC, this home could shine and generate excellent rental income. Sold as-is - bring your contractor and your vision! Homes this close to campus move fast, and this one is priced to sell. Investors, don't miss out on a property with strong rental demand and value-add potential! Highlights: 3 Bedrooms / 1 Bath Approx. 960 Sq Ft Prime Location Near UIndy Strong Rental Potential Sold As-Is Act quickly - opportunities like this don't last long!
Sold
$92,000
3742 S Walcott St, Indianapolis, IN 46227
3beds
960sqft
Residential, Single Family Residence
Built in 1968
4,791.6 Square Feet Lot
$181,900 Zestimate®
$96/sqft
$1,505 Estimated rent
Home value
$181,900
$173,000 - $191,000
$1,505/mo
Zestimate® history
Owner options
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$1,505/mo
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$1,505/mo
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$463/mo
Est. payment
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$463/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Andrew Taylor 317-782-5597,
Real Broker, LLC
Bought with:
Woodrow Cuevas
RE/MAX Advanced Realty
Source: MIBOR as distributed by MLS GRID,MLS#: 22035068
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Features: Laminate
- Level: Main
- Area: 20 Square Feet
- Dimensions: 4x5
Bedroom 2
- Features: Carpet
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10x11
Bedroom 3
- Features: Carpet
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10x11
Kitchen
- Features: Laminate
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Living room
- Features: Carpet
- Level: Main
- Area: 196 Square Feet
- Dimensions: 14x14
Utility room
- Features: Carpet
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10x11
Heating
- Electric
Appliances
- Included: Electric Oven, Refrigerator
Features
- Attic Access, Eat-in Kitchen
- Has basement: No
- Attic: Access Only
Interior area
- Total structure area: 960
- Total interior livable area: 960 sqft
Property
Parking
- Parking features: Gravel
Features
- Levels: One
- Stories: 1
Lot
- Size: 4,791 sqft
Details
- Parcel number: 491030118188000574
- Special conditions: None,As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Aluminum Siding
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1968
Utilities & green energy
- Water: Community Water
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: No Subdivision
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2026 | Listing removed | $185,000$193/sqft |
Source:  MIBOR as distributed by MLS GRID #22065260 Report a problem | ||
| 1/29/2026 | Price change | $185,000-5.1%$193/sqft |
Source: MIBOR as distributed by MLS GRID #22065260 Report a problem | ||
| 11/12/2025 | Price change | $195,000-2.5%$203/sqft |
Source: MIBOR as distributed by MLS GRID #22065260 Report a problem | ||
| 9/26/2025 | Listed for sale | $200,000+117.4%$208/sqft |
Source: MIBOR as distributed by MLS GRID #22065260 Report a problem | ||
| 5/30/2025 | Sold | $92,000+2.2%$96/sqft |
Source: MIBOR as distributed by MLS GRID #22035068 Report a problem | ||
| 5/1/2025 | Pending sale | $90,000$94/sqft |
Source: MIBOR as distributed by MLS GRID #22035068 Report a problem | ||
| 4/26/2025 | Listed for sale | $90,000$94/sqft |
Source: MIBOR as distributed by MLS GRID #22035068 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,393 +0.1% | $122,700 +30.5% |
| 2024 | $2,390 +7.4% | $94,000 |
| 2023 | $2,225 +285.1% | $94,000 +8% |
| 2022 | $578 +9.9% | $87,000 +17.4% |
| 2021 | $526 +12% | $74,100 +10.3% |
| 2020 | $470 -5.8% | $67,200 +12% |
| 2019 | $499 -1.8% | $60,000 -4.8% |
| 2018 | $508 -7.2% | $63,000 +4.5% |
| 2017 | $547 +20.5% | $60,300 +2.4% |
| 2016 | $454 +2% | $58,900 -2.8% |
| 2014 | $445 -23.2% | $60,600 -13.4% |
| 2013 | $580 | $70,000 +2.5% |
| 2012 | $580 | $68,300 +2.7% |
| 2011 | -- | $66,500 |
| 2010 | $490 +26.4% | $66,500 |
| 2009 | $387 | $66,500 -5.9% |
| 2007 | -- | $70,700 -0.1% |
| 2006 | -- | $70,800 +34.3% |
| 2005 | -- | $52,700 |
| 2004 | -- | $52,700 |
| 2003 | -- | $52,700 +117.8% |
| 2002 | -- | $24,200 +200.2% |
| 2001 | -- | $8,060 |
| 2000 | -- | $8,060 |
Find assessor info on the county website
Neighborhood: University Heights
Nearby schools
GreatSchools rating
- 6/10Southport 6th Grade AcademyGrades: 6Distance: 2 mi
- 4/10Southport High SchoolGrades: 9-12Distance: 2.9 mi
- 6/10Southport Middle SchoolGrades: 7-8Distance: 2 mi
Get a cash offer in 3 minutes
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Estimated market value
$181,900
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
$181,900
- Indiana
- Marion County
- Indianapolis
- 46227
- University Heights
- 3742 S Walcott St
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Nearby neighborhoods
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