Income producing 3 bedroom 2 bath condo currently tenant occupied and ready to go for an investor seeking immediate rental income. This unit offers a functional floor plan with a private patio and an attached garage. The unit was rehabbed prior to the current tenant moving in and has been maintained during tenancy. Located within an established condominium association. Ideal for investors focused on cash flow rather than location amenities. Property is priced accordingly and being sold as an income producing asset.dining, and major commuter routes. Ideal opportunity to add a low maintenance rental to your portfolio.
Active
Price cut: $29K (5/14)
$50,000
9887 Royce Dr, Indianapolis, IN 46235
3beds
1,048sqft
:
Get pre-qualifiedN/A
Residential, Condominium
Built in 1973
-- sqft lot
$47,700 Zestimate®
$48/sqft
$250/mo HOA
What's special
Attached garagePrivate patioFunctional floor plan
- 214 days |
- 1,143 |
- 69 |
Zillow last checked:
Listing updated:
Listed by:
MeMe Howard 317-997-9646,
Compass Indiana, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22076441
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Bedroom 2
- Level: Upper
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 3
- Level: Upper
- Area: 100 Square Feet
- Dimensions: 10x10
Kitchen
- Level: Main
- Area: 80 Square Feet
- Dimensions: 8x10
Living room
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Electric Cooktop, Electric Oven
Features
- Eat-in Kitchen
- Has basement: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,048
- Total interior livable area: 1,048 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
Accessibility
- Accessibility features: Accessible Full Bath
Features
- Levels: Two
- Stories: 2
- Entry location: Building Private Entry
Details
- Parcel number: 490820115013000701
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: Condo
- Architectural style: A-Frame
- Property subtype: Residential, Condominium
- Attached to another structure: Yes
Materials
- Wood Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Tudor Park
HOA
- Has HOA: Yes
- HOA fee: $250 monthly
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $48/sqft
- Annual tax amount: $38
- Date on market: 12/20/2025
- Cumulative days on market: 108 days
Estimated market value
$47,700
$45,000 - $50,000
$1,450/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Listed for sale | $50,000$48/sqft |
Source:  MIBOR as distributed by MLS GRID #22076441 Report a problem | ||
| 5/16/2026 | Pending sale | $50,000$48/sqft |
Source: MIBOR as distributed by MLS GRID #22076441 Report a problem | ||
| 5/14/2026 | Price change | $50,000-36.7%$48/sqft |
Source: MIBOR as distributed by MLS GRID #22076441 Report a problem | ||
| 4/28/2026 | Listed for sale | $79,000$75/sqft |
Source: MIBOR as distributed by MLS GRID #22076441 Report a problem | ||
| 4/10/2026 | Pending sale | $79,000$75/sqft |
Source: MIBOR as distributed by MLS GRID #22076441 Report a problem | ||
| 4/9/2026 | Price change | $79,000-12.2%$75/sqft |
Source: MIBOR as distributed by MLS GRID #22076441 Report a problem | ||
| 2/19/2026 | Pending sale | $90,000$86/sqft |
Source: MIBOR as distributed by MLS GRID #22076441 Report a problem | ||
| 2/19/2026 | Listed for sale | $90,000$86/sqft |
Source: MIBOR as distributed by MLS GRID #22076441 Report a problem | ||
| 2/19/2026 | Pending sale | $90,000$86/sqft |
Source: MIBOR as distributed by MLS GRID #22076441 Report a problem | ||
| 12/20/2025 | Listed for sale | $90,000+12.5%$86/sqft |
Source: MIBOR as distributed by MLS GRID #22076441 Report a problem | ||
| 2/1/2024 | Sold | $80,000-5.9%$76/sqft |
Source: MIBOR as distributed by MLS GRID #21960248 Report a problem | ||
| 1/19/2024 | Pending sale | $85,000$81/sqft |
Source: MIBOR as distributed by MLS GRID #21960248 Report a problem | ||
| 1/18/2024 | Listed for sale | $85,000$81/sqft |
Source: MIBOR as distributed by MLS GRID #21960248 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Far Eastside
Nearby schools
GreatSchools rating
- 4/10George S. Buck School 94Grades: PK-6Distance: 1.9 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 9.2 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 8.2 mi
- $80,0003 bd2 ba1.2k sqft9887 E Royce Dr, Indianapolis, IN 46235Sold
- $63,2002 bd1 ba1k sqft9891 E Royce Dr, Indianapolis, IN 46235Off Market
- $85,1002 bd1 ba1k sqft9885 E Royce Dr, Indianapolis, IN 46235Off Market
- $95,7002 bd2 ba1k sqft9885 Royce Dr, Indianapolis, IN 46235Off Market
- $77,4002 bd0 ba1k sqft9889 E Royce Dr, Indianapolis, IN 46235Off Market
- $91,1002 bd2 ba1k sqft9889 Royce Dr, Indianapolis, IN 46235Off Market
- $78,3002 bd1 ba1k sqft9893 E Royce Dr, Indianapolis, IN 46235Off Market
- $77,9002 bd2 ba1k sqft9899 Royce Dr, Indianapolis, IN 46235Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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