Here is a great investment opportunity! This 3 bdrm/1 bath home is in prime location for a rental, and could bring a nice income for new owner. Within walking distance to grocery; plus nearby to Greenwood Mall and other shopping. The lot has mature trees and a small creek running through the back of the property. Great potential, could have commercial zoning possibilities, with 100+ road frontage on Stop 11 Rd. Sits adjacent, connection to commercial land being sold on Madison Ave. next to CVS.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
1.34 Acres
Year renovated
1926
Sq. Ft.
1,164
Year built
1926
Style
Single Family Residential
County
Marion County
APN
491518126004000500
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
C1
METRO
AIRSPACE SECONDARY ZONING DISTRICT
TOD
Office-Buffer District
The C-1 District is designed to perform two functions: act as a buffer between uses, and provide for a freestanding area that office uses, compatible office-type uses, such as medical and dental facilities, education services, and certain public and semipublic uses may be developed with the assurance that retail and other heavier commercial uses with incompatible characteristics will not impede or disrupt. Since the buildings for office, office-type and public and semipublic uses are typically much less commercial in appearance, landscaped more fully and architecturally more harmonious with residential structures, this District can serve as a buffer between protected Districts and more intense commercial or industrial areas/Districts - if designed accordingly. This District, with its offices and other buffer type uses, may also be used along certain thoroughfares where a gradual and reasonable transition from existing residential use should occur.
Zone overlays
Metro Context Area
Airspace Secondary Zoning District
Transit Oriented Development Secondary Zoning District
Permitted uses
Include but are not limited to:
Religious facility
Bank
Day care facility
Housing-Senior
Bed & breakfast
Office
Medical office
Research & development
Library
Park & open space
Property details
Parking
Parking Information
Parking Features: Gravel, None
Interior
Virtual Tour
Interior Sq. Ft. Information
Building Area Total: 2328
Living Area: 1164
Main Level Sq. Ft.: 1164
Upper Level Sq. Ft.: 0
Lower/Basement Level Sq. Ft (Finished): 0
Bedroom Information
# of Bedrooms Main: 3
Beds MU: 3
Bedrooms MU: 3
Bathroom Information
# of Full Baths (Total): 1
# of Full Baths (Main): 1
Full Baths MU: 3
Full Bathrooms MU: 1
Room 1 Information
Room Features: Carpet
Room Dimensions: 9x11
Room Level: Main
Room 2 Information
Room Type: Kitchen
Room Features: Vinyl
Room Dimensions: 6x17
Room Level: Main
Room 3 Information
Room Type: Dining Room
Room Features: Carpet
Room Dimensions: 11x13
Room Level: Main
Room 4 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 10x9
Room Level: Main
Room 5 Information
Room Type: Bedroom 3
Room Features: Carpet
Room Dimensions: 9x9
Room Level: Main
Room 6 Information
Room Type: Family Room
Room Features: Carpet
Room Dimensions: 25x12
Room Level: Main
Other Rooms Information
# of Rooms: 6
Basement Information
Has Basement
Basement Features: Partial, Unfinished
Fireplace Information
Fireplace Features: None
Heating & Cooling
Heating Information: No Heating, Gas
Cooling Information: None
Interior Features
Interior Features: Attic Stairway, Eat-in Kitchen
Appliances: Gas Cooktop, Gas Water Heater
Exterior
Building Information
Percent Optional Level Finished: 0-25%
Exterior Features
Patio And Porch Features: Covered Porch
Exterior Features: Storage Shed
Waterfront Information
Waterfront Features: Creek
Property Information
Ownership Interest Types: None
Other Equipment: Smoke Alarm
Property Type: Residential
Property Sub Type: Single Family Residence
Land Information
Acres: 1-3 Acres
Lot Information
Lot Size Acres: 1.339
Lot Features: Not In Subdivision, Mature Trees
Utilities
Utility Information
Utility Prim Sewage Disp: Septic
Water Source: Municipal/City
Utilities: Sewer Connected
Solid Waste Information: Yes
Location
School Information
High School District: Perry Township Schools
Location Information
Directions: From I-65 south on US31 to Stop 11, east to address. Last house on north side of stop 11 before Madison Ave.
Tax Legal Description: PT E1/2 SE1/4 S18 T14 R4 BEG 294.33' E&45.93 NOF SW COR N 523.07' E 111.47 S 523.07' W 111.47' to BEG 1.339 ACRES
Public facts
Beds: 2
Baths: —
Sq. Ft.: 1,164
Stories: 1.0
Lot Size: 1.34 acres
Style: Single Family Residential
Year Built: 1926
Year Renovated: 1926
County: Marion County
APN: 491518126004000500
Home facts updated by county records on Jul 29, 2026
Other
Listing Information
Attribution Contact: karenneligh@gmail.com
Green Information
Green Certification YN: No
Home Information
Foundation Details: Block
Construction Materials: Aluminum Siding, Wood
Levels: One
Around this home
Schools
Winchester Village Elementary School
Public 1-5 • Assigned • 0.5mi
3/10
Southport 6th Grade Academy
Public 6 • Assigned • 2.3mi
4/10
Southport High School
Public 9-12 • Assigned • 1.6mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 101° expected this year, 19 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46227
Average low and high temperatures (°F)
32
17
42
25
61
39
68
47
72
53
83
65
88
71
83
64
81
59
70
48
54
38
41
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.6 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
9.6 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$135,000 – $163,000
Sell confidently with a local market expert in Indianapolis. 3 minutes to get started.