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  • Price cut: $10.9K (10/8)
    $299,000

    427 W 42nd St, Indianapolis, IN 46208

    4beds
    2,661sqft
    : 
    $2,115/mo
    Get pre-qualified
    Residential, Single Family Residence
    Built in 1921
    9,147 Square Feet Lot
    $-- Zestimate®
    $112/sqft
    $-- HOA

    What's special

    Smart classic floorplanMain level laundryCurb appealSurrounded by mature treesBrand new carpet throughout
    Welcome home to this beautiful 4-bed, 2-bath 1921 bungalow in one of Indianapolis' most desirable pockets, Butler Tarkington, just minutes from Butler University! The curb appeal makes an immediate impression and has the kind of character new construction simply cannot replicate. Step inside and you will find a smart, classic floorplan. With brand new carpet throughout creating a fresh, updated feel from the moment you walk in. The dining room is a true standout, featuring unique, original built-ins that showcase the craftsmanship of the era and offer both storage and charm you will not find elsewhere. The bedroom layout adds real flexibility, with 2 bedrooms on the main level and 2 upstairs, perfect for guests, a home office, a nursery, or multigenerational living. Closet space is exceptional throughout, with HUGE closets that are almost unheard of in a home of this vintage. Main level laundry (no basement laundry!) makes daily life seamless, and the washer and dryer convey with the home. Upstairs, the full bathroom features a custom tiled shower, adding an elevated touch. Major mechanical updates provide true peace of mind, including the furnace (2020), air conditioning (2020), water heater (2020), roof (2020), and gutters (2020). With every big ticket item already handled, you can move in and simply enjoy the home for years to come. The uniquely shaped lot runs exceptionally deep and is surrounded by mature trees, creating a private backyard oasis with room for bonfires, grilling, entertaining, gardening, and future projects. It also offers something truly rare in this neighborhood: off street parking for a lot of vehicles. This is the kind of home buyers hope to find in Butler Tarkington: full of original character, updated where it counts, and sitting on a lot that gives you room to grow. Homes like this in this location do not last long. Come see it before it is gone!
    41 days
    381
    41

    Zillow last checked:

    Listing updated:

    Listed by:

    Bailey Braunecker bailey@braunecker4.com,

    eXp Realty, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22121334MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 1
      • Main level bedrooms: 2
      Primary bedroom
      • Level: Upper
      • Area: 196 Square Feet
      • Dimensions: 14x14
      Bedroom 2
      • Level: Upper
      • Area: 180 Square Feet
      • Dimensions: 15x12
      Bedroom 3
      • Level: Main
      • Area: 132 Square Feet
      • Dimensions: 12x11
      Bedroom 4
      • Level: Main
      • Area: 168 Square Feet
      • Dimensions: 14x12
      Dining room
      • Features: Luxury Vinyl Plank
      • Level: Main
      • Area: 156 Square Feet
      • Dimensions: 13x12
      Kitchen
      • Features: Luxury Vinyl Plank
      • Level: Main
      • Area: 168 Square Feet
      • Dimensions: 14x12
      Laundry
      • Features: Luxury Vinyl Plank
      • Level: Main
      • Area: 55 Square Feet
      • Dimensions: 11x5
      Living room
      • Features: Luxury Vinyl Plank
      • Level: Main
      • Area: 224 Square Feet
      • Dimensions: 16x14
      Heating
      • Forced Air
      Cooling
      • Central Air, None
      Appliances
      • Included: MicroHood, Electric Oven, Bar Fridge, Gas Water Heater
      • Laundry: Main Level
      Features
      • Built-in Features, Walk-In Closet(s), High Speed Internet
      • Basement: Unfinished
      Interior area
      • Total structure area: 2,661
      • Total interior livable area: 2,661 sqft
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Guest, None
      • Details: Garage Parking Other(Guest Street Parking, Other)
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered
      • Fencing: Fenced,Partial
      Lot
      • Size: 9,147 Square Feet
      • Features: Sidewalks, Storm Sewer, Mature Trees
      Details
      • Parcel number: 490614125213000801
      • Other equipment: Radon System
      • Horse amenities: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Residential, Single Family Residence
      Materials
      • Wood Siding
      • Foundation: Block
      Condition
      • New construction: No
      • Year built: 1921

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Subdivision: Culver Riggs & Lynns
      HOA
      • Has HOA: No
      Location
      • Region: Indianapolis

      Financial & listing details

      • Price per square foot: $112/sqft
      • Tax assessed value: $313,600
      • Annual tax amount: $3,582
      • Date on market: 9/8/2026
      • Cumulative days on market: 42 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/8/2026Price change$299,000-3.5%$112/sqft
        Source: MIBOR as distributed by MLS GRID #22121334 Report a problem
        9/22/2026Price change$309,900-3.2%$116/sqft
        Source: MIBOR as distributed by MLS GRID #22121334 Report a problem
        9/8/2026Listed for sale$320,000+50.6%$120/sqft
        Source: MIBOR as distributed by MLS GRID #22121334 Report a problem
        8/19/2020Sold$212,500-1.1%$80/sqft
        Source: MIBOR as distributed by MLS GRID #21724589 Report a problem
        7/21/2020Pending sale$214,900$81/sqft
        Source: MIBOR REALTOR Association #21724589 Report a problem
        7/17/2020Listed for sale$214,900+207%$81/sqft
        Source: MIBOR REALTOR Association #21724589 Report a problem
        10/9/2019Sold$70,000-17.6%$26/sqft
        Source: MIBOR as distributed by MLS GRID #21636242 Report a problem
        9/24/2019Pending sale$85,000$32/sqft
        Source: Owens Realty #21636242 Report a problem
        9/17/2019Price change$85,000-14.9%$32/sqft
        Source: Owens Realty #21636242 Report a problem
        9/14/2019Price change$99,900-14.6%$38/sqft
        Source: Owens Realty #21636242 Report a problem
        9/9/2019Price change$117,000+17.1%$44/sqft
        Source: Owens Realty #21636242 Report a problem
        8/20/2019Listed for sale$99,900$38/sqft
        Source: Owens Realty #21636242 Report a problem
        8/10/2019Pending sale$99,900-9.1%$38/sqft
        Source: Owens Realty #21636242 Report a problem
        7/24/2019Price change$109,900-7.6%$41/sqft
        Source: Owens Realty #21636242 Report a problem
        7/12/2019Price change$119,000+8.3%$45/sqft
        Source: Owens Realty #21636242 Report a problem
        6/25/2019Price change$109,900-18.5%$41/sqft
        Source: Owens Realty #21636242 Report a problem
        5/29/2019Price change$134,900-6.9%$51/sqft
        Source: Owens Realty #21636242 Report a problem
        5/2/2019Price change$144,900-3.3%$54/sqft
        Source: Owens Realty #21636242 Report a problem
        4/25/2019Listed for sale$149,900+66.6%$56/sqft
        Source: Owens Realty #21636242 Report a problem
        6/24/2005Sold$90,000$34/sqft
        Source: MIBOR as distributed by MLS GRID #2528328 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,094 -8.8%$313,600 +20.6%
        2024$3,391 +7.4%$260,000 -9.1%
        2023$3,157 +23.2%$286,000 +7.9%
        2022$2,561 +237.8%$265,100 +19.5%
        2021$758 +7.9%$221,800 +158.2%
        2020$703 +24.4%$85,900 +4.4%
        2019$565 +4.8%$82,300 +13%
        2018$539 -9.8%$72,800 -2.4%
        2017$597 +16.8%$74,600
        2016$511 +4.8%$74,600 +9.7%
        2014$488 -5.2%$68,000 +6.6%
        2013$515 $63,800 -15.3%
        2012$515 $75,300 +2.4%
        2011-- $73,500
        2010$564 -9.7%$73,500 -9.6%
        2009$624 $81,300 +7.5%
        2007-- $75,600 -24.6%
        2006-- $100,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: Butler-Tarkington

        Getting around

        51 / 100
        Somewhat Walkable
        27 / 100
        Some Transit
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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