Fantastic opportunity to make this home your own! 3 bedrooms, 1 bath w/basement & 1+ car detached garage in Elders University Heights being sold as-is. Adorable ranch w/basement is situated on 2 lots that are on a corner. This charming property offers a wrap around front porch, original hardwoods (in good shape) under the carpets plus a large yard w/mature trees perfect for a garden & flower beds. A sidewalk lined neighborhood that is conveniently located within walking distance to the University of Indianapolis. Spacious basement provides lots of storage space in addition to the laundry area plus areas that could be finished as additional living space. Roof replaced in 2012. Guttering 2019. Garage door opener 2009. Garage door spring, cable, cable reels and shaft 2024. So much character! Perfect investment property or starter home!
Sold
$165,000
4131 Otterbein Ave, Indianapolis, IN 46227
3beds
1,764sqft
Residential, Single Family Residence
Built in 1923
8,276 Square Feet Lot
$172,400 Zestimate®
$94/sqft
$1,371 Estimated rent
Home value
$172,400
$157,000 - $190,000
$1,371/mo
Zestimate® history
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List your homeWhat's special
Spacious basementWrap around front porchStorage spaceOriginal hardwoods
Zillow last checked:
Listing updated:
Listed by:
Paula Smith 317-690-2524,
Smith Family Realty,
Melissa Smith
Bought with:
Lori Crosley
CENTURY 21 Scheetz
Source: MIBOR as distributed by MLS GRID,MLS#: 22013459
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Features: Carpet
- Level: Main
- Area: 117 Square Feet
- Dimensions: 13X9
Bedroom 2
- Features: Carpet
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12X9
Bedroom 3
- Features: Carpet
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12X9
Dining room
- Features: Carpet
- Level: Main
- Area: 176 Square Feet
- Dimensions: 16x11
Kitchen
- Features: Vinyl
- Level: Main
- Area: 165 Square Feet
- Dimensions: 15X11
Living room
- Features: Carpet
- Level: Main
- Area: 192 Square Feet
- Dimensions: 16x12
Heating
- Forced Air
Cooling
- Has cooling: Yes
Appliances
- Included: Electric Cooktop, Dryer, Gas Water Heater, Kitchen Exhaust, Microwave, Electric Oven, Refrigerator, Washer
- Laundry: Connections All, In Basement
Features
- Hardwood Floors, High Speed Internet, Eat-in Kitchen, Pantry, Walk-In Closet(s)
- Flooring: Hardwood
- Windows: Screens Some, Storm Window(s), Window Metal, Wood Frames, Wood Work Stained
- Basement: Unfinished
Interior area
- Total structure area: 1,764
- Total interior livable area: 1,764 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
- Details: Garage Parking Other(Garage Door Opener, Service Door)
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
Lot
- Size: 8,276 Square Feet
- Features: Corner Lot, Sidewalks, Storm Sewer, Mature Trees
Details
- Parcel number: 491031101001328501
- Special conditions: None,As Is,Fixer Upper,Needs Updating,Sales Disclosure Supplements
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman,Bungalow,Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Aluminum Siding
- Foundation: Block
Condition
- Fixer
- New construction: No
- Year built: 1923
Utilities & green energy
- Electric: 100 Amp Service
- Water: Municipal/City
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Elders University Heights
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $94/sqft
- Tax assessed value: $160,800
- Annual tax amount: $1,510
- Date on market: 12/3/2024
- Cumulative days on market: 4 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 12/30/2024 | Sold | $165,000+3.2%$94/sqft |
Source:  MIBOR as distributed by MLS GRID #22013459 Report a problem | ||
| 12/6/2024 | Pending sale | $159,900$91/sqft |
Source: MIBOR as distributed by MLS GRID #22013459 Report a problem | ||
| 12/3/2024 | Listed for sale | $159,900$91/sqft |
Source: MIBOR as distributed by MLS GRID #22013459 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,854 +22.7% | $160,800 +0.9% |
| 2024 | $1,510 +3.9% | $159,400 +12.3% |
| 2023 | $1,454 +14.1% | $141,900 +10.9% |
| 2022 | $1,274 +5.9% | $128,000 +12.6% |
| 2021 | $1,203 +12% | $113,700 +3.5% |
| 2020 | $1,074 +25.5% | $109,900 +7.7% |
| 2019 | $855 +13.7% | $102,000 +14.5% |
| 2018 | $752 +14.4% | $89,100 +1.9% |
| 2017 | $658 +19% | $87,400 +8.7% |
| 2016 | $552 +8.1% | $80,400 +12.9% |
| 2014 | $511 -10% | $71,200 -5.4% |
| 2013 | $568 | $75,300 -2.5% |
| 2012 | $568 | $77,200 -22.5% |
| 2011 | -- | $99,600 |
| 2010 | $959 +75.9% | $99,600 +22.5% |
| 2009 | $545 | $81,300 |
Find assessor info on the county website
Neighborhood: University Heights
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Nearby schools
GreatSchools rating
- 3/10Raymond F. Brandes School 65Grades: PK-6Distance: 0.4 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 5.1 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 4.9 mi
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Estimated market value
$172,400
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$172,400
- Indiana
- Marion County
- Indianapolis
- 46227
- University Heights
- 4131 Otterbein Ave
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