Active

$144,900

645 Martin St, Indianapolis, IN 46227

3beds

772sqft

$1,084/mo

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Residential, Single Family Residence

Built in 1925

5,227 Square Feet Lot

$144,000 Zestimate^®

$188/sqft

$-- HOA

What's special

Some new windowsUpdated flooringNew doors

Welcome to this beautifully remodeled home, updated in March 2026 with numerous improvements including roofing, plumbing, a new sewer line, updated flooring, new doors, and some new windows. The property also features an oversized detached one-car garage offering additional parking and storage space. Conveniently located near Garfield Park with quick and easy access to I-65 and I-465. The property is currently tenant occupied and rented for $1,450 per month, making it a great opportunity for investors. Tenant rights apply. Showings are permitted Monday through Thursday from 1:00 PM to 3:00 PM and Friday and Saturday from 1:00 PM to 6:00 PM. Per the tenants' request, the seller will be present during all showings and will provide access to the property. Please call the seller directly to obtain approval and confirm the showing prior to arrival.

14 days
278
35

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 3

Primary bedroom

Level: Main
Area: 120 Square Feet
Dimensions: 12x10

Bedroom 2

Level: Main
Area: 80 Square Feet
Dimensions: 10x8

Bedroom 3

Level: Main
Area: 90 Square Feet
Dimensions: 10x9

Kitchen

Level: Main
Area: 130 Square Feet
Dimensions: 13x10

Living room

Level: Main
Area: 130 Square Feet
Dimensions: 13x10

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Electric Oven, Range Hood, Refrigerator

Features

Attic Access, Ceiling Fan(s)
Has basement: No
Attic: Access Only

Interior area

Total structure area: 772
Total interior livable area: 772 sqft

Property

Parking

Total spaces: 2
Parking features: Detached
Garage spaces: 2

Features

Levels: One
Stories: 1

Lot

Size: 5,227 Square Feet

Details

Parcel number: 491125117001149501
Horse amenities: None

Construction

Type & style

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

Materials

Vinyl Siding
Foundation: Crawl Space

Condition

New construction: No
Year built: 1925

Utilities & green energy

Water: Public

Community & HOA

Community

Subdivision: Grasmere

HOA

Has HOA: No

Location

Region: Indianapolis

Financial & listing details

Price per square foot: $188/sqft
Tax assessed value: $70,200
Annual tax amount: $1,742
Date on market: 9/29/2026
Cumulative days on market: 15 days

Estimated market value

$144,000

$137,000 - $151,000

$1,193/mo

Price history

Date	Event	Price
9/29/2026	Listed for sale	$144,900+85.8%$188/sqft
Source: MIBOR as distributed by MLS GRID #22128729 Report a problem
10/28/2025	Sold	$78,000$101/sqft
Source: MIBOR as distributed by MLS GRID #22067980 Report a problem
10/16/2025	Pending sale	$78,000$101/sqft
Source: MIBOR as distributed by MLS GRID #22067980 Report a problem
10/13/2025	Listed for sale	$78,000+160%$101/sqft
Source: MIBOR as distributed by MLS GRID #22067980 Report a problem
9/18/2025	Sold	$30,000$39/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,436 +9.1%	$70,200 +16%
2024	$1,316 +2.9%	$60,500 +9%
2023	$1,280 +28.4%	$55,500 +2.4%
2022	$997 +9%	$54,200 +25.5%
2021	$915 +12%	$43,200 +9.4%
2020	$817 +7.5%	$39,500 +14.2%
2019	$760 +7.5%	$34,600 +8.5%
2018	$707 -2%	$31,900 +0.3%
2017	$721 +6.7%	$31,800 +2.3%
2016	$676 +6.7%	$31,100 +6.1%
2014	$634 -1.9%	$29,300
2013	$646	$29,300 +1.7%
2012	$646	$28,800 +5.5%
2011	--	$27,300
2010	$568 -2.5%	$27,300
2009	$582	$27,300 -4.9%
2007	--	$28,700