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For sale by owner
    • $415,000

    401 Sanders St, Indianapolis, IN 46225

    3beds
    2,650sqft
    : 
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    SingleFamily
    Built in 2021
    8,500 Square Feet Lot
    $-- Zestimate®
    $157/sqft
    $-- HOA

    What's special

    Energy-efficient systemsModern kitchenDedicated quiet study officeHigh-speed fiber internetSmart locks
    First Time Home Buyers may qualify for up to $30,000 equity from local bank "Give your student the perfect environment for academic success while securing a smart investment in downtown Indianapolis. This newly constructed home in the Near Southside offers a rare blend of suburban-style security and urban university proximity, located less than 10 minutes from both the IU Indianapolis and Purdue Indianapolis campuses. Forget the rising costs of temporary student housing and the stress of off-campus rentals. This move-in-ready home features a dedicated quiet study office, high-speed fiber internet, and a modern kitchen for those home-cooked meals. With smart locks and energy-efficient systems already installed, you can have peace of mind knowing your student is safe and your utility bills are low. Why Buy Now? Investment Potential: Stop paying for a dorm and start building equity in one of Indy's fastest-growing urban corridors. Convenience for You: Just a straight drive south from Carmel, Fishers, or Zionsville for those weekend visits. Future Proof: Designed with a versatile layout that transitions perfectly into a high-demand rental once your student graduates. Join the community of forward-thinking Hamilton County parents choosing long-term stability for their students. DM for a private 3D tour or to schedule a walk-through this weekend!"
    What the owner loves about this home
    "Give your student the perfect environment for academic success while securing a smart investment in downtown Indianapolis. This newly constructed home in the Near Southside offers a rare blend of suburban-style security and urban university proximity, located less than 10 minutes from both the IU Indianapolis and Purdue Indianapolis campuses. Forget the rising costs of temporary student housing and the stress of off-campus rentals. This move-in-ready home features a dedicated quiet study office, high-speed fiber internet, and a modern kitchen for those home-cooked meals. With smart locks and energy-efficient systems already installed, you can have peace of mind knowing your student is safe and your utility bills are low. Why Buy Now? Investment Potential: Stop paying for a dorm and start building equity in one of Indy's fastest-growing urban corridors. Convenience for You: Just a straight drive south from Carmel, Fishers, or Zionsville for those weekend visits. Future Proof: Designed with a versatile layout that transitions perfectly into a high-demand rental once your student graduates. Join the community of forward-thinking Hamilton County parents choosing long-term stability for their students. DM for a private 3D tour or to schedule a walk-through this weekend!"
    46 days
    |
    320
    |
    7
    |
    Listed by:

    Property Owner (317) 627-7234

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Forced air, Gas
      Cooling
      • Central
      Appliances
      • Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator
      Features
      • Flooring: Tile, Carpet, Laminate
      • Basement: None
      Interior area
      • Total interior livable area: 2,650 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Garage - Attached, Off-street
      Features
      • Exterior features: Shingle, Wood, Wood products, Composition
      • Has view: Yes
      • View description: City
      Lot
      • Size: 8,500 Square Feet
      Details
      • Parcel number: 491113203097000101

      Construction

      Type & style
      • Home type: SingleFamily
      Materials
      • Frame
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 2021

      Community & HOA

      Location
      • Region: Indianapolis

      Financial & listing details

      • Price per square foot: $157/sqft
      • Tax assessed value: $387,500
      • Annual tax amount: $4,473
      • Date on market: 5/21/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,474/mo

        Price history

        DateEventPrice
        5/21/2026Listed for sale$415,000+3.8%$157/sqft
        Source: Owner Report a problem
        5/19/2026Listing removed$399,999$151/sqft
        Source: MIBOR as distributed by MLS GRID #22073674 Report a problem
        3/9/2026Price change$399,999-7.4%$151/sqft
        Source: MIBOR as distributed by MLS GRID #22073674 Report a problem
        2/23/2026Price change$431,900-1.8%$163/sqft
        Source: MIBOR as distributed by MLS GRID #22073674 Report a problem
        12/22/2025Price change$439,900-2%$166/sqft
        Source: MIBOR as distributed by MLS GRID #22073674 Report a problem
        11/18/2025Listed for sale$449,000-0.2%$169/sqft
        Source: MIBOR as distributed by MLS GRID #22073674 Report a problem
        11/17/2025Listing removed--
        Source: Owner Report a problem
        9/26/2025Listed for sale$449,750$170/sqft
        Source: Owner Report a problem
        9/20/2025Listing removed$449,750$170/sqft
        Source: MIBOR as distributed by MLS GRID #22034160 Report a problem
        7/18/2025Price change$449,750-5.3%$170/sqft
        Source: MIBOR as distributed by MLS GRID #22034160 Report a problem
        7/2/2025Price change$474,950-2.9%$179/sqft
        Source: MIBOR as distributed by MLS GRID #22034160 Report a problem
        6/24/2025Price change$489,000-2.2%$185/sqft
        Source: MIBOR as distributed by MLS GRID #22034160 Report a problem
        6/9/2025Price change$499,900-2.9%$189/sqft
        Source: MIBOR as distributed by MLS GRID #22034160 Report a problem
        5/16/2025Listed for sale$515,000+14.4%$194/sqft
        Source: MIBOR as distributed by MLS GRID #22034160 Report a problem
        9/28/2022Sold$450,000-3.2%$170/sqft
        Source: MIBOR as distributed by MLS GRID #21875270 Report a problem
        8/30/2022Pending sale$464,900$175/sqft
        Source: MIBOR as distributed by MLS GRID #21875270 Report a problem
        8/15/2022Price change$464,900-2.1%$175/sqft
        Source: MIBOR as distributed by MLS GRID #21875270 Report a problem
        8/3/2022Listed for sale$474,900-4.6%$179/sqft
        Source: MIBOR as distributed by MLS GRID #21875270 Report a problem
        8/3/2022Listing removed--
        Source: MIBOR as distributed by MLS GRID #21870528 Report a problem
        7/15/2022Listed for sale$497,900+848.4%$188/sqft
        Source: MIBOR as distributed by MLS GRID #21870528 Report a problem
        4/3/2020Sold$52,500+950%$20/sqft
        Source: Public Record Report a problem
        6/16/2017Sold$5,000-28.6%$2/sqft
        Source: Public Record Report a problem
        2/19/2016Sold$7,000+324.2%$3/sqft
        Source: Public Record Report a problem
        5/17/2013Sold$1,650+32%$1/sqft
        Source: MIBOR as distributed by MLS GRID #21220224 Report a problem
        3/12/2013Listed for sale$1,250
        Source: Homepath #21220224 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,473 +5.6%$387,500 +4.2%
        2024$4,238 +185.7%$371,800 +4.7%
        2023$1,483 +128.3%$355,200 +176%
        2022$650 +0.2%$128,700 +487.7%
        2021$649 $21,900
        2020-- $21,900 +447.5%
        2019$95 -46%$4,000
        2018$176 -2%$4,000
        2017$180 +104.4%$4,000
        2016$88 +1.9%$4,000
        2014$86 -64.6%$4,000
        2013$245 $4,000 -63.3%
        2012$245 $10,900 -13.5%
        2011-- $12,600
        2010$284 -1.1%$12,600
        2009$287 $12,600 -5.3%
        2007-- $13,300 -14.7%
        2002-- $15,600 +200%
        2001-- $5,200
        2000-- $5,200

        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Near Southside

        Getting around

        67 / 100
        Somewhat Walkable
        39 / 100
        Some Transit
        76 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Ips

        Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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