Charming 2 Bed, 1 Bath Bungalow in Grace Tuxedo Park - Investor or First-Time Buyer Special! Don't miss this affordable opportunity in the desirable Emerson Heights neighborhood! Whether you're a first-time homebuyer looking to break into the market or an investor seeking rental income or flip potential, this cozy bungalow is full of promise. * Spacious living room with original charm and character * Functional kitchen ready for your personal touch * Two comfortable bedrooms and one full bath * Hardwood floors throughout most of the home * Covered front porch perfect for morning coffee * Large dry basement with Washer and Dryer included * Generous backyard with space to expand or garden * Detached 1.5 garage with 10 foot door and off-street parking* Solid bones and strong neighborhood comps * Convenient to downtown, shopping, dining, and highways * Walking distance to local parks and schools * Low taxes and utilities make this a great rental candidate This home is offering a blank canvas for updates and equity growth. A little TLC will go a long way-instant sweat equity potential! Schedule your showing today before this opportunity is gone!
Sold
$129,900
714 N Chester Ave, Indianapolis, IN 46201
2beds
1,688sqft
Residential, Single Family Residence
Built in 1925
5,227.2 Square Feet Lot
$131,600 Zestimate®
$77/sqft
$1,111 Estimated rent
Home value
$131,600
$122,000 - $141,000
$1,111/mo
Zestimate® history
Owner options
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$1,111/mo
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$1,111/mo
Rent Zestimate®
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$858/mo
Est. payment
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$858/mo
Est. payment
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List your homeWhat's special
Large dry basementCovered front porchOff-street parkingOriginal charm and characterTwo comfortable bedroomsFunctional kitchenGenerous backyard
Zillow last checked:
Listing updated:
Listing Provided by:
Kelly Huff 317-379-5848,
F.C. Tucker Company,
Fred Mills 317-224-3220
Bought with:
Amanda Otero
@properties
Source: MIBOR as distributed by MLS GRID,MLS#: 22068488
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: 110 Square Feet
- Dimensions: 11x10
Bedroom 2
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11x10
Dining room
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13x12
Kitchen
- Level: Main
- Area: 322 Square Feet
- Dimensions: 14 x 23
Laundry
- Features: Other
- Level: Basement
- Area: 529 Square Feet
- Dimensions: 23x23
Living room
- Level: Main
- Area: 240 Square Feet
- Dimensions: 16x15
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Electric Oven, Range Hood, Refrigerator
- Laundry: In Basement
Features
- Hardwood Floors, Eat-in Kitchen
- Flooring: Hardwood
- Basement: Full
Interior area
- Total structure area: 1,688
- Total interior livable area: 1,688 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Glass Enclosed
Lot
- Size: 5,227 sqft
Details
- Parcel number: 491004141250000101
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Materials
- Aluminum Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Water: Public
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: Shannon Park
Price history
| Date | Event | Price |
|---|---|---|
| 1/13/2026 | Sold | $129,900-7.1%$77/sqft |
Source:  MIBOR as distributed by MLS GRID #22068488 Report a problem | ||
| 12/9/2025 | Pending sale | $139,900$83/sqft |
Source: MIBOR as distributed by MLS GRID #22068488 Report a problem | ||
| 10/24/2025 | Listed for sale | $139,900+299.7%$83/sqft |
Source: MIBOR as distributed by MLS GRID #22068488 Report a problem | ||
| 5/14/2015 | Sold | $35,000-5.4%$21/sqft |
Source: MIBOR as distributed by MLS GRID #21306066 Report a problem | ||
| 4/8/2015 | Pending sale | $37,000$22/sqft |
Source: Carpenter, REALTORS #21306066 Report a problem | ||
| 1/14/2015 | Price change | $37,000-5.1%$22/sqft |
Source: Fishers #21306066 Report a problem | ||
| 9/3/2014 | Price change | $39,000-13.1%$23/sqft |
Source: Fishers #21306066 Report a problem | ||
| 7/26/2014 | Listed for sale | $44,900$27/sqft |
Source: Carpenter Realtors #21306066 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $835 +0.8% | $109,100 +12.7% |
| 2024 | $829 -11.3% | $96,800 -2% |
| 2023 | $934 +83.7% | $98,800 -3.3% |
| 2022 | $508 +78.3% | $102,200 +33.6% |
| 2021 | $285 +7.2% | $76,500 +54.9% |
| 2020 | $266 -8.9% | $49,400 +6.7% |
| 2019 | $292 +14.4% | $46,300 -4.7% |
| 2018 | $255 +5.2% | $48,600 +11% |
| 2017 | $243 +20.8% | $43,800 +11.5% |
| 2016 | $201 -73.5% | $39,300 +12.3% |
| 2014 | $757 -38.2% | $35,000 -36.5% |
| 2013 | $1,225 | $55,100 +0.9% |
| 2012 | $1,225 | $54,600 +2.2% |
| 2011 | -- | $53,400 |
| 2010 | $1,110 +300% | $53,400 +4.3% |
| 2009 | $278 | $51,200 -9.1% |
| 2007 | -- | $56,300 +10% |
| 2003 | -- | $51,200 +245.9% |
| 2002 | -- | $14,800 +203.9% |
| 2001 | -- | $4,870 |
| 2000 | -- | $4,870 |
Find assessor info on the county website
Neighborhood: Near Eastside
Nearby schools
GreatSchools rating
- 3/10Ralph Waldo Emerson School 58Grades: PK-5Distance: 0.4 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 3 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 1.9 mi
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Estimated market value
$131,600
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
$131,600
- Indiana
- Marion County
- Indianapolis
- 46201
- Near Eastside
- 714 N Chester Ave
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