This single-story ranch delivers outstanding versatility for today's buyers. Whether you're stepping into your first home, seeking a streamlined lifestyle without stairs, or looking for a turnkey investment with immediate income, this home checks every box. Currently tenant-occupied with reliable government-guaranteed rent on a month-to-month lease, it offers instant cash flow for investors. At the same time, the flexible tenancy means an owner-occupant can move in with just 30 days' notice. Three bedrooms and 1.5 baths provide practical space without the hassle of stairs or high upkeep. Located just a couple of miles from Fort Harrison Park, you'll enjoy quick access to trails, recreation, and community amenities. Downtown Indianapolis is only 15 minutes away, giving you effortless access to dining, entertainment, sports, shopping, and major employers. This convenient setting makes daily life smoother and more enjoyable for any lifestyle. Practical, flexible, and perfectly positioned-this home adapts to your needs while offering strong long-term value in a desirable area. Ready to see it for yourself? Schedule your private tour today and take the next step toward making this property yours!
Pending
$179,900
7242 E 52nd St, Indianapolis, IN 46226
3beds
1,043sqft
:
Get pre-qualified$1,260/mo
Residential, Single Family Residence
Built in 1967
8,276 Square Feet Lot
$179,100 Zestimate®
$172/sqft
$-- HOA
What's special
Single-story ranchThree bedrooms
- 53 days |
- 46 |
- 0 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Robert Lappin 317-970-4993,
Circle 8, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22105499
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Bedroom 2
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Bedroom 3
- Level: Main
- Area: 88 Square Feet
- Dimensions: 11x8
Kitchen
- Level: Main
- Area: 81 Square Feet
- Dimensions: 9x9
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Microwave, Electric Oven, Refrigerator, Gas Water Heater
Features
- Walk-In Closet(s)
- Has basement: No
Interior area
- Total structure area: 1,043
- Total interior livable area: 1,043 sqft
Video & virtual tour
Property
Parking
- Parking features: Gravel
Features
- Levels: One
- Stories: 1
Lot
- Size: 8,276 Square Feet
Details
- Parcel number: 490712112068000407
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Brick
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1967
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: North Lawrence Park
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $172/sqft
- Tax assessed value: $169,900
- Annual tax amount: $3,713
- Date on market: 6/2/2026
- Cumulative days on market: 53 days
Estimated market value
$179,100
$170,000 - $188,000
$1,405/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Pending sale | $179,900$172/sqft |
Source:  MIBOR as distributed by MLS GRID #22105499 Report a problem | ||
| 6/2/2026 | Listed for sale | $179,900+22.4%$172/sqft |
Source: MIBOR as distributed by MLS GRID #22105499 Report a problem | ||
| 12/2/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/27/2022 | Listed for rent | $1,265$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/9/2021 | Sold | $147,000+87.3%$141/sqft |
Source: Public Record Report a problem | ||
| 12/21/2020 | Sold | $78,500$75/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,277 +5.4% | $169,900 +12.9% |
| 2024 | $3,110 +7.2% | $150,500 +5.2% |
| 2023 | $2,900 +66.9% | $143,000 +8.3% |
| 2022 | $1,737 +6.8% | $132,100 +69.1% |
| 2021 | $1,627 +17.8% | $78,100 +8% |
| 2020 | $1,381 +2.7% | $72,300 +4.9% |
| 2019 | $1,345 0% | $68,900 +2.7% |
| 2018 | $1,345 +3% | $67,100 |
| 2017 | $1,306 +0% | $67,100 +6.5% |
| 2016 | $1,306 +9.3% | $63,000 +5.7% |
| 2014 | $1,194 -18.7% | $59,600 +3.3% |
| 2013 | $1,469 | $57,700 -21.3% |
| 2012 | $1,469 | $73,300 +9.1% |
| 2011 | -- | $67,200 |
| 2010 | $1,346 -10.8% | $67,200 -10.9% |
| 2009 | $1,510 | $75,400 +0.5% |
| 2007 | -- | $75,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 46226
Nearby schools
GreatSchools rating
- 3/10Harrison Hill Elementary SchoolGrades: 1-6Distance: 0.3 mi
- 3/10Belzer Middle SchoolGrades: 7-8Distance: 0.4 mi
- 3/10Lawrence Central High SchoolGrades: 9-12Distance: 0.6 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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