This exceptional investment property offers a fantastic opportunity for steady returns and long-term value. Featuring 4 spacious bedrooms and 1.5 updated bathrooms, this home has been meticulously remodeled prior to its current lease, ensuring it meets modern standards and appeals to tenants. Currently rented through 2026, it provides immediate income potential with minimal management required. The recent renovations make this property a hassle-free addition to your portfolio, delivering reliable cash flow and long-term appreciation. Don't miss out on this chance to invest in a well-maintained, income-generating asset!
Sold
$160,000
509 Tomlinson Dr, Indianapolis, IN 46222
4beds
1,700sqft
Residential, Single Family Residence
Built in 1930
0.27 Acres Lot
$176,900 Zestimate®
$94/sqft
$1,978 Estimated rent
Home value
$176,900
$163,000 - $193,000
$1,978/mo
Zestimate® history
Owner options
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$1,978/mo
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$1,978/mo
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$1,068/mo
Est. payment
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$1,068/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
AJ Moses Jackson-Moses 317-370-5201,
Tip Top Realty, LLC
Bought with:
Zachary Purdy
Berkshire Hathaway Home
Source: MIBOR as distributed by MLS GRID,MLS#: 22001656
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 4
Primary bedroom
- Features: Carpet
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Bedroom 2
- Features: Carpet
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 3
- Features: Carpet
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 4
- Features: Carpet
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Kitchen
- Features: Vinyl
- Level: Main
- Area: 168 Square Feet
- Dimensions: 12x14
Living room
- Features: Carpet
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Heating
- Forced Air
Cooling
- Has cooling: Yes
Appliances
- Included: Dryer, Gas Water Heater, Electric Oven, Refrigerator, Washer, Water Heater
- Laundry: In Basement
Features
- Eat-in Kitchen
- Windows: Screens Some, Storms Some
- Basement: Unfinished
Interior area
- Total structure area: 1,700
- Total interior livable area: 1,700 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Fencing: Fenced,Fence Full Rear
Lot
- Size: 0.27 Acres
Details
- Parcel number: 491105105022000900
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Aluminum Siding
- Foundation: Block, Crawl Space
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1930
Utilities & green energy
- Water: Municipal/City
Community & HOA
Community
- Subdivision: Schucks W 11th St
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $94/sqft
- Tax assessed value: $166,400
- Annual tax amount: $1,350
- Date on market: 9/14/2024
- Cumulative days on market: 18 days
Price history
| Date | Event | Price |
|---|---|---|
| 10/30/2024 | Sold | $160,000$94/sqft |
Source:  MIBOR as distributed by MLS GRID #22001656 Report a problem | ||
| 10/3/2024 | Pending sale | $160,000$94/sqft |
Source: MIBOR as distributed by MLS GRID #22001656 Report a problem | ||
| 9/15/2024 | Listed for sale | $160,000+88.2%$94/sqft |
Source: MIBOR as distributed by MLS GRID #22001656 Report a problem | ||
| 12/29/2023 | Sold | $85,000+102.4%$50/sqft |
Source: Public Record Report a problem | ||
| 9/26/2008 | Sold | $42,000-2.3%$25/sqft |
Source: Agent Provided Report a problem | ||
| 8/23/2008 | Listed for sale | $43,000-4.4%$25/sqft |
Source: Listhub #2848890 Report a problem | ||
| 7/8/2008 | Sold | $45,000$26/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,683 -0.3% | $166,400 +132.4% |
| 2024 | $1,688 +25.1% | $71,600 |
| 2023 | $1,350 -7.1% | $71,600 +25.2% |
| 2022 | $1,453 +18.4% | $57,200 +7.1% |
| 2021 | $1,227 +0% | $53,400 +18.4% |
| 2020 | $1,227 +19.1% | $45,100 |
| 2019 | $1,030 -1.5% | $45,100 +3.7% |
| 2018 | $1,046 -1.9% | $43,500 +1.6% |
| 2017 | $1,066 +10.2% | $42,800 +2.4% |
| 2016 | $967 +18.3% | $41,800 +3.5% |
| 2014 | $817 +6.1% | $40,400 +6.9% |
| 2013 | $770 | $37,800 -0.5% |
| 2012 | $770 | $38,000 +5.6% |
| 2011 | -- | $36,000 -5% |
| 2010 | $380 +6.1% | $37,900 -2.8% |
| 2009 | $358 | $39,000 -31.7% |
| 2007 | -- | $57,100 +5.2% |
| 2006 | -- | $54,300 +67.6% |
| 2005 | -- | $32,400 |
| 2004 | -- | $32,400 |
| 2003 | -- | $32,400 +79% |
| 2002 | -- | $18,100 +200.2% |
| 2001 | -- | $6,030 |
| 2000 | -- | $6,030 |
Find assessor info on the county website
Neighborhood: Near Westside
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Nearby schools
GreatSchools rating
- 3/10Garden City Elementary SchoolGrades: PK-6Distance: 1.1 mi
- NABen Davis Ninth Grade CenterGrades: 9Distance: 3.4 mi
- 3/10Ben Davis High SchoolGrades: 10-12Distance: 3.5 mi
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Estimated market value
$176,900
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
$176,900
- Indiana
- Marion County
- Indianapolis
- 46222
- Near Westside
- 509 Tomlinson Dr
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