Incredible investment opportunity for savvy real estate investors! This two-bedroom, one-bathroom house PLUS upstairs loft is a diamond in the rough, boasting immense potential and numerous possibilities. With some renovations and updates, it can be transformed into a beautiful home or a profitable rental property. The real treasure of this property is the generously sized lot. With ample space to spare, you can explore the options of adding a second property, constructing an Accessory Dwelling Unit (ADU). The possibilities are endless for maximizing the lot's potential. For real estate investors, this is a golden opportunity to capitalize on the growing demand for housing and rental properties. The potential return on investment is substantial, given the versatility of this property and its lot size. Don't miss out on the chance to secure this fixer-upper with enormous potential. With some strategic renovations and a keen eye for property development, you can turn this house into a lucrative investment. Full Rehab Needed. AS IS. Please do not submit AS IS Addendum. Non refundable Earnest Money.
Sold
$160,000
4816 E Minnesota St, Indianapolis, IN 46203
2beds
1,038sqft
Residential, Single Family Residence
Built in 1924
7,405 Square Feet Lot
$168,800 Zestimate®
$154/sqft
$1,088 Estimated rent
Home value
$168,800
$159,000 - $177,000
$1,088/mo
Zestimate® history
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$1,040/mo
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$1,040/mo
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Zillow last checked:
Listing updated:
Listed by:
Andres Ruben Martin Ramos 317-778-8382,
JUST LIV, LLC,
Cynthia Bulat 317-225-0912,
JUST LIV, LLC
Bought with:
John Booth
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 21952394
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Features: Other
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11x10
Bedroom 2
- Features: Other
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Dining room
- Features: Other
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Kitchen
- Features: Other
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10x9
Living room
- Features: Other
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Loft
- Features: Other
- Level: Upper
- Area: 144 Square Feet
- Dimensions: 16x9
Heating
- Forced Air
Cooling
- None
Appliances
- Included: None
Features
- Attic Access
- Has basement: No
- Attic: Access Only
Interior area
- Total structure area: 1,038
- Total interior livable area: 1,038 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
Lot
- Size: 7,405 Square Feet
Details
- Parcel number: 491016101006000101
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Other
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1924
Utilities & green energy
- Water: Municipal/City
Community & HOA
Community
- Subdivision: Folkening Southeastern Av
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $154/sqft
- Tax assessed value: $177,900
- Annual tax amount: $1,500
- Date on market: 11/8/2023
- Cumulative days on market: 8 days
Price history
| Date | Event | Price |
|---|---|---|
| 10/7/2024 | Sold | $160,000+154%$154/sqft |
Source: Public Record Report a problem | ||
| 12/7/2023 | Sold | $63,000-10%$61/sqft |
Source:  MIBOR as distributed by MLS GRID #21952394 Report a problem | ||
| 11/22/2023 | Pending sale | $70,000$67/sqft |
Source: MIBOR as distributed by MLS GRID #21952394 Report a problem | ||
| 11/16/2023 | Listed for sale | $70,000$67/sqft |
Source: MIBOR as distributed by MLS GRID #21952394 Report a problem | ||
| 11/11/2023 | Pending sale | $70,000$67/sqft |
Source: MIBOR as distributed by MLS GRID #21952394 Report a problem | ||
| 11/8/2023 | Listed for sale | $70,000+55.6%$67/sqft |
Source: MIBOR as distributed by MLS GRID #21952394 Report a problem | ||
| 7/27/2023 | Sold | $45,000+1385.1%$43/sqft |
Source: Public Record Report a problem | ||
| 1/19/2012 | Sold | $3,030-94.5%$3/sqft |
Source: Public Record Report a problem | ||
| 8/27/2007 | Sold | $55,000+150%$53/sqft |
Source: Public Record Report a problem | ||
| 11/23/2005 | Sold | $22,000$21/sqft |
Source: MIBOR as distributed by MLS GRID #2561986 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $584 -70% | $177,900 +116.7% |
| 2024 | $1,947 -0.5% | $82,100 |
| 2023 | $1,957 +30.5% | $82,100 -1% |
| 2022 | $1,499 +3.6% | $82,900 +27.5% |
| 2021 | $1,447 +19% | $65,000 +4% |
| 2020 | $1,216 +8.8% | $62,500 +21.4% |
| 2019 | $1,117 +4.6% | $51,500 +9.8% |
| 2018 | $1,068 +2% | $46,900 -3.9% |
| 2017 | $1,048 +3.4% | $48,800 +4.3% |
| 2016 | $1,013 -0.1% | $46,800 -0.2% |
| 2014 | $1,014 -10% | $46,900 -1.7% |
| 2013 | $1,126 | $47,700 -5% |
| 2012 | $1,126 | $50,200 +7.3% |
| 2011 | -- | $46,800 |
| 2010 | -- | $46,800 +15.6% |
| 2009 | -- | $40,500 |
Find assessor info on the county website
Neighborhood: Near Southeast
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Nearby schools
GreatSchools rating
- 3/10Christian Park School 82Grades: PK-5Distance: 1 mi
- 1/10Thomas Carr Howe Middle School - An IB World SchoolGrades: 6-8Distance: 1.6 mi
- 2/10Arsenal Technical High SchoolGrades: 9-12Distance: 3.3 mi
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Estimated market value
$168,800
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
$168,800
- Indiana
- Marion County
- Indianapolis
- 46203
- Near Southeast
- 4816 E Minnesota St
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