Active

Price cut: $100 (7/29)

$149,900

4731 E 18th St, Indianapolis, IN 46218

2beds

768sqft

$1,122/mo

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Residential, Single Family Residence

Built in 1940

6,098 Square Feet Lot

$142,500 Zestimate^®

$195/sqft

$-- HOA

What's special

Slab foundation

Income-producing single-family rental on the near east side of Indianapolis, offered at $150,000. This 2-bedroom, 1-bathroom home sits on a slab foundation and is currently occupied by a tenant in place approximately four years with a consistent payment history, providing immediate cash flow with no lease-up period. Approximately 768 square feet. Recent system ages include roof at eight to nine years, mechanical systems at approximately eight years, and flooring at approximately five years, with the most recent rehab completed roughly four years ago. The property averages about two maintenance calls per year and the tenant pays all utilities. No open code violations. Located in the Hawthorne Manor area with quick access to downtown Indianapolis and the Emerson Avenue corridor. One of thirteen buildings in a 17-unit Indianapolis rental portfolio available individually or as a package. Current lease and rent roll available upon request. Property sold as-is.

108 days
23
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2

Primary bedroom

Level: Main
Area: 144 Square Feet
Dimensions: 12x12

Bedroom 2

Level: Main
Area: 144 Square Feet
Dimensions: 12x12

Kitchen

Level: Main
Area: 120 Square Feet
Dimensions: 10x12

Living room

Level: Main
Area: 252 Square Feet
Dimensions: 14x18

Heating

Forced Air, Electric, Natural Gas

Cooling

None

Appliances

Included: Convection Oven, Refrigerator, Electric Water Heater

Features

Attic Access, Eat-in Kitchen
Has basement: No
Attic: Access Only

Interior area

Total structure area: 768
Total interior livable area: 768 sqft

Property

Parking

Parking features: None

Features

Levels: One
Stories: 1

Lot

Size: 6,098 Square Feet

Details

Parcel number: 490733177067000101
Special conditions: As Is
Horse amenities: None

Construction

Type & style

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

Materials

Vinyl Siding
Foundation: Crawl Space

Condition

New construction: No
Year built: 1940

Utilities & green energy

Water: Public

Community & HOA

Community

Subdivision: Bigneys

HOA

Has HOA: No

Location

Region: Indianapolis

Financial & listing details

Price per square foot: $195/sqft
Tax assessed value: $59,100
Annual tax amount: $1,252
Date on market: 6/25/2026
Cumulative days on market: 77 days

Estimated market value

$142,500

$135,000 - $150,000

$1,216/mo

Price history

Date	Event	Price
7/29/2026	Price change	$149,900-0.1%$195/sqft
Source: MIBOR as distributed by MLS GRID #22109209 Report a problem
6/25/2026	Listed for sale	$150,000+188.5%$195/sqft
Source: MIBOR as distributed by MLS GRID #22109209 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
7/18/2019	Listing removed	$645$1/sqft
Source: Owner Report a problem
7/14/2019	Price change	$645-0.8%$1/sqft
Source: Owner Report a problem
6/23/2019	Price change	$650-4.4%$1/sqft
Source: Owner Report a problem
6/6/2019	Price change	$680-8.7%$1/sqft
Source: Owner Report a problem
5/21/2019	Listed for rent	$745+10.4%$1/sqft
Source: Owner Report a problem
6/9/2018	Listing removed	$675$1/sqft
Source: Owner Report a problem
6/5/2018	Listed for rent	$675+13.4%$1/sqft
Source: Owner Report a problem
5/23/2018	Sold	$52,000-10.3%$68/sqft
Source: MIBOR as distributed by MLS GRID #21562824 Report a problem
5/11/2018	Pending sale	$58,000$76/sqft
Source: Alpine Realty, LLC #21562824 Report a problem
4/30/2018	Listed for sale	$58,000+4.9%$76/sqft
Source: Alpine Realty, LLC #21562824 Report a problem
4/19/2018	Listing removed	$595$1/sqft
Source: Alpine Leasing, LLC Report a problem
4/8/2018	Listed for rent	$595$1/sqft
Source: Alpine Leasing, LLC Report a problem
7/3/2015	Listing removed	$595$1/sqft
Source: Alpine Leasing Report a problem
5/11/2015	Sold	$55,300$72/sqft
Source: Public Record Report a problem
4/3/2015	Listed for rent	$595$1/sqft
Source: Lease 317 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,253 +6.7%	$59,100 +11.9%
2024	$1,174 +0.5%	$52,800 +6.7%
2023	$1,169 +20.6%	$49,500
2022	$969 +9.5%	$49,500 +17.9%
2021	$885 +8.3%	$42,000 +9.9%
2020	$817 +19.9%	$38,200 +10.4%
2019	$681 +15.4%	$34,600 +21%
2018	$590 -21.4%	$28,600 +8.7%
2017	$751 +568.3%	$26,300
2016	$112 -98.6%	$26,300 +396.2%
2014	$7,796 +6335.6%	$5,300
2013	$121	$5,300 -1.9%
2012	$121	$5,400 -52.2%
2011	--	$11,300
2010	$235 -66.8%	$11,300 -66%
2009	$708	$33,200 -7%
2007	--	$35,700