This unique ranch-style home in need of some vision offers a blank slate with endless possibilities. Originally a traditional layout, the interior has been opened up and currently functions as a spacious studio with 1.5 baths and a full kitchen. Whether you're an investor, builder, or buyer looking to reconfigure from the ground up, this 980 sq ft home gives you the space and flexibility to make it your own. Built in 1923 with a vinyl exterior and sitting on a generous lot, there's plenty of room to add a garage or expand the footprint. Out back, you'll find a separate storage unit and a quirky old bar setup that adds a bit of character. Bring your ideas and your toolbox-this one is ready for its next chapter.
Sold
$125,000
637 Olin Ave, Indianapolis, IN 46222
0beds
1,604sqft
Residential, Single Family Residence
Built in 1923
3,920 Square Feet Lot
$168,000 Zestimate®
$78/sqft
$1,306 Estimated rent
Home value
$168,000
$144,000 - $190,000
$1,306/mo
Zestimate® history
Owner options
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$1,306/mo
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$1,306/mo
Rent Zestimate®
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$628/mo
Est. payment
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$628/mo
Est. payment
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List your homeWhat's special
Vinyl exteriorGenerous lotQuirky old bar setupFull kitchenSpacious studioSeparate storage unit
Zillow last checked:
Listing updated:
Listed by:
Terry Young 765-335-1905,
Red Bridge Real Estate
Bought with:
Luis Coronel
Realty of America LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22047588
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
Great room
- Features: Other
- Level: Main
- Area: 667 Square Feet
- Dimensions: 29x23
Kitchen
- Features: Other
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13x10
Laundry
- Features: Other
- Level: Main
- Area: 56 Square Feet
- Dimensions: 8x7
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: None
Features
- Windows: WoodWorkStain/Painted
- Has basement: Yes
Interior area
- Total structure area: 1,604
- Total interior livable area: 1,604 sqft
- Finished area below ground: 156
Property
Parking
- Parking features: None
Features
- Levels: One
- Stories: 1
Lot
- Size: 3,920 Square Feet
Details
- Parcel number: 491105117197000901
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Fairfax
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $78/sqft
- Tax assessed value: $110,300
- Annual tax amount: $2,046
- Date on market: 6/27/2025
- Cumulative days on market: 11 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/18/2025 | Sold | $125,000$78/sqft |
Source:  MIBOR as distributed by MLS GRID #22047588 Report a problem | ||
| 7/7/2025 | Pending sale | $125,000$78/sqft |
Source: MIBOR as distributed by MLS GRID #22047588 Report a problem | ||
| 6/27/2025 | Listed for sale | $125,000+557.9%$78/sqft |
Source: MIBOR as distributed by MLS GRID #22047588 Report a problem | ||
| 2/24/2014 | Sold | $19,000-23.7%$12/sqft |
Source: MIBOR as distributed by MLS GRID #21268157 Report a problem | ||
| 2/7/2014 | Pending sale | $24,900$16/sqft |
Source: Taylor Penrod Realty Inc #21268157 Report a problem | ||
| 1/11/2014 | Price change | $24,900-16.7%$16/sqft |
Source: Taylor Penrod Realty Inc #21268157 Report a problem | ||
| 12/12/2013 | Listed for sale | $29,900$19/sqft |
Source: Taylor Penrod Realty Inc #21268157 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,238 +3.3% | $110,300 +17% |
| 2024 | $2,166 +5.8% | $94,300 +3.3% |
| 2023 | $2,047 +55.9% | $91,300 +5.3% |
| 2022 | $1,313 +21.6% | $86,700 +52.4% |
| 2021 | $1,079 +6.5% | $56,900 +22.1% |
| 2020 | $1,013 +2.9% | $46,600 +8.6% |
| 2019 | $984 +10.1% | $42,900 +3.9% |
| 2018 | $894 -15% | $41,300 +1.7% |
| 2017 | $1,052 +2.7% | $40,600 -13.6% |
| 2016 | $1,024 -1.7% | $47,000 -2.5% |
| 2014 | $1,042 +217.7% | $48,200 +6.9% |
| 2013 | $328 | $45,100 -11.7% |
| 2012 | $328 | $51,100 -5.2% |
| 2011 | -- | $53,900 -3.4% |
| 2010 | $341 +13.3% | $55,800 +1.3% |
| 2009 | $301 | $55,100 |
Find assessor info on the county website
Neighborhood: Near Westside
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Nearby schools
GreatSchools rating
- 4/10Ernie Pyle School 90Grades: PK-5Distance: 1.1 mi
- 4/10William Penn School 49Grades: 6-8Distance: 2.3 mi
- 1/10George Washington Community High School (9-12)Grades: 9-12Distance: 1.6 mi
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Estimated market value
$168,000
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Estimated market value
$168,000
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