Active

$250,000

7601 Milhouse Rd, Indianapolis, IN 46241

1beds

1,424sqft

$1,683/mo

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Residential, Single Family Residence

Built in 1977

0.97 Acres Lot

$-- Zestimate^®

$176/sqft

$-- HOA

What's special

Generous storageConvenient and accessible site

Unique opportunity to own a versatile property with both residential and commercial potential. This home has long served as the maintenance office for an Ameriplex maintenance and offers a flexible layout ready for a variety of uses. The property includes an attached 1-car garage, a detached 3-car garage, and an additional storage shed, providing ample space for vehicles, tools, and equipment. Set on a convenient and accessible site, the structure could easily transition back to a private residence, continue as a support facility, or be repurposed for small-business operations. With its solid construction and generous storage, this property combines practicality with potential-perfect for tradespeople, small contractors, or investors seeking adaptable space in a prime location.

260 days

273

12

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 2
1/2 bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 1

Primary bedroom

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

Kitchen

Features: Other
Level: Main
Area: 110 Square Feet
Dimensions: 11x10

Living room

Level: Main
Area: 221 Square Feet
Dimensions: 17x13

Office

Level: Main
Area: 100 Square Feet
Dimensions: 10x10

Office

Level: Main
Area: 99 Square Feet
Dimensions: 11x9

Office

Level: Main
Area: 132 Square Feet
Dimensions: 12x11

Heating

Forced Air

Cooling

Window Unit(s)

Appliances

Included: Gas Water Heater, Microwave, Refrigerator, Water Purifier

Features

High Speed Internet
Has basement: No

Interior area

Total structure area: 1,424
Total interior livable area: 1,424 sqft

Property

Parking

Total spaces: 2
Parking features: Attached, Asphalt, Gated, Guest, Workshop in Garage
Attached garage spaces: 2

Features

Levels: One
Stories: 1
Patio & porch: Covered
Exterior features: Storage
Fencing: Fenced,Full,Gate

Lot

Size: 0.97 Acres

Details

Additional structures: Barn Mini, Storage
Parcel number: 491310106008000200
Horse amenities: None

Construction

Type & style

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

Materials

Brick
Foundation: Block

Condition

New construction: No
Year built: 1977

Utilities & green energy

Water: Private

Community & HOA

Community

Subdivision: No Subdivision

HOA

Has HOA: No

Location

Region: Indianapolis

Financial & listing details

Price per square foot: $176/sqft
Tax assessed value: $231,300
Annual tax amount: $5,160
Date on market: 11/20/2025
Cumulative days on market: 262 days

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
11/20/2025	Listed for sale	$250,000$176/sqft
Source: MIBOR as distributed by MLS GRID #22071691 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,159 +9.3%	$231,300 +0.2%
2024	$4,721 +2.3%	$230,900 +12%
2023	$4,616 +17.6%	$206,200 +2.4%
2022	$3,924 +18.6%	$201,300 +20.4%
2021	$3,309 -1.4%	$167,200 +17.7%
2020	$3,355 +8.5%	$142,100 -0.5%
2019	$3,092 +4.1%	$142,800 +7.3%
2018	$2,969 -10.7%	$133,100 +6%
2017	$3,326 +6.4%	$125,600 -6.5%
2016	$3,127 +5.4%	$134,300 +5.6%
2014	$2,967 +119%	$127,200
2013	$1,355	$127,200 +2.2%
2012	$1,355	$124,500 +5.2%
2011	--	$118,300 -1.4%
2010	$1,304 -1.8%	$120,000 -1.8%
2009	$1,328	$122,200 -8.6%
2007	--	$133,700 -0.7%
2006	--	$134,600 +18.9%
2005	--	$113,200
2004	--	$113,200
2003	--	$113,200 +83.2%
2002	--	$61,800 +200%
2001	--	$20,600
2000	--	$20,600

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: Ameriplex

Getting around

3 / 100

Car-Dependent

21 / 100

Minimal Transit

47 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

6/10
Blue Academy
Grades: K-6Distance: 2.5 mi
3/10
Decatur Middle School
Grades: 7-8Distance: 1.2 mi
3/10
Decatur Central High School
Grades: 9-12Distance: 1.2 mi

Schools provided by the listing agent

Middle: Decatur Middle School
High: Decatur Central High School

Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.