OFF MARKET

Off market jul 2024 for $261K

$250,843

•

1,358

sq ft

2321 Waterman Ave, Indianapolis, IN 46203

About this home

****OPEN HOUSE 6/2 2:00pm-4:00pm****Welcome to your dream home! This charming 2-bedroom, 2-bathroom house has been meticulously maintained and thoughtfully improved over the years, offering a perfect blend of classic elegance and modern convenience. Step inside to find stunning parquet and hardwood floors that add warmth and character to every room. Outside, immerse yourself in a garden oasis that boasts vibrant flowers and serene green spaces. Enjoy the tranquility of nature under a covered pergola or relax on the spacious covered patio, perfect for outdoor dining and entertaining. The property features two separate two-car garages. The first has been transformed into a fantastic party room, equipped with new electrical systems and ready to host your next gathering. The second garage is incredibly spacious, offering ample storage, a home office, and a workshop, making it ideal for hobbyists and professionals alike. Nestled on a wooded .78-acre lot, this home provides a sense of privacy and a connection to nature while still being conveniently located. This home is move-in ready and waiting for you to make it your own. Don't miss out on this rare opportunity to own a piece of paradise. Schedule your showing today!

Single-familyProperty Type

1929Year Built

0.78 acresLot Size

$185Est. Price/Sq.Ft.

4 car garageParking

Listed by Amber Hite • Keller Williams Indy Metro Partners

Contact: amber.j.hite@kw.com

Bought with Vickie Jordan • Home Bound Real Estate LLC

Redfin checked: a minute ago

•Source:MIBOR as Distributed by MLS Grid #21982506

Redfin Estimate

$250,843

$10K since sold in July 2024$1,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 48.1% higher than the average sale price ($169K) of 6 comparable homes.

SOLD AUG 26, 2026
$125,000
A
3 beds1 bath1,289 sq ft
5960 Terrace Ave, Indianapolis, IN 46203
SOLD JUN 12, 2026
$210,000
B
3 beds2 baths1,398 sq ft
1402 S Hawthorne Ln, Indianapolis, IN 46203
SOLD SEP 28, 2026
$75,000
C
2 beds1 bath1,200 sq ft
5414 E Orange St, Indianapolis, IN 46203
SOLD AUG 21, 2026
$225,000
D
3 beds2 baths1,248 sq ft
5014 Reeder St, Indianapolis, IN 46203
SOLD AUG 14, 2026
$180,000
E
3 beds2 baths1,288 sq ft
2902 S Sheridan, Indianapolis, IN 46203
SOLD APR 24, 2026
$201,500
F
3 beds2 baths1,580 sq ft
5811 E Troy Ave, Indianapolis, IN 46203

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Earn from this home

Sell

$34,360

Est. take-home

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Rent

$1,613/mo

Redfin rental estimate

List your home for rent

Market trends in 46203, IN

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

96.6%

0.0% MoM

Median sale price

$192K

$8K MoM

Avg. days on market

32d

6 days MoM

Recently sold homes

185

22 MoM

New listings for sale

NEW 3 HRS AGO
$725,000
4 beds3.5 baths3,324 sq ft
1155 Fletcher Ave, Indianapolis, IN 46203
NEW 5 HRS AGO
$135,000
2 beds1 bath864 sq ft
3709 Fletcher Ave, Indianapolis, IN 46203
$135,000
3 beds1 bath2,075 sq ft
1419 Leonard St, Indianapolis, IN 46203
$194,900
3 beds2 baths1,760 sq ft
1530 Barth, Indianapolis, IN 46203
$196,900
3 beds1.5 baths1,712 sq ft
3839 Hoyt Ave, Indianapolis, IN 46203
$320,000
1 bed1 bath1,135 sq ft
735 Lexington Ave #20, Indianapolis, IN 46203
$350,000
3 beds2.5 baths3,398 sq ft
627 E Morris St, Indianapolis, IN 46203
$230,000
2 beds1 bath738 sq ft
1418 Terrace Ave, Indianapolis, IN 46203
$299,000
3 beds2 baths1,308 sq ft
1064 Hosbrook, Indianapolis, IN 46203
$219,900
3 beds2 baths2,227 sq ft
1219 E Nelson Ave, Indianapolis, IN 46203
See all

Provided by Redfin

Sale history for 2321 Waterman Ave

Year

Property tax

Land + Additions

Assessment*

2025

$1,711 (+16.1%)

$24,300 + $124,500

$148,800

2024

$1,474 (+51.9%)

$24,300 + $94,400

$118,700

2023

$970 (+2.5%)

$24,300 + $94,400

$118,700

2022

$947 (+5.0%)

$24,300 + $89,100

$113,400

2021

$902 (+5.1%)

$24,300 + $76,100

$100,400

2020

$858 (−1.3%)

$24,300 + $76,100

$100,400

2019

$869 (+2.5%)

$24,300 + $76,100

$100,400

2018

$848 (+3.2%)

$24,300 + $76,100

$100,400

2017

$822 (+0.9%)

$24,300 + $73,900

$98,200

2016

$815 (+27.9%)

$24,300 + $73,900

$98,200

2015

$637 (−0.5%)

$24,300 + $71,300

$95,600

2014

$640 (+1.1%)

$24,300 + $70,000

$94,300

2013

$633

$24,300 + $69,100

$93,400

Tax history for 2321 Waterman Ave

Year

Property tax

Land + Additions

Assessment*

2025

$1,711 (+16.1%)

$24,300 + $124,500

$148,800

2024

$1,474 (+51.9%)

$24,300 + $94,400

$118,700

2023

$970 (+2.5%)

$24,300 + $94,400

$118,700

2022

$947 (+5.0%)

$24,300 + $89,100

$113,400

2021

$902 (+5.1%)

$24,300 + $76,100

$100,400

2020

$858 (−1.3%)

$24,300 + $76,100

$100,400

2019

$869 (+2.5%)

$24,300 + $76,100

$100,400

2018

$848 (+3.2%)

$24,300 + $76,100

$100,400

2017

$822 (+0.9%)

$24,300 + $73,900

$98,200

2016

$815 (+27.9%)

$24,300 + $73,900

$98,200

2015

$637 (−0.5%)

$24,300 + $71,300

$95,600

2014

$640 (+1.1%)

$24,300 + $70,000

$94,300

2013

$633

$24,300 + $69,100

$93,400

*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
Permits

Beds

Baths

—

Stories

Lot width

128 ft.

Lot depth

265 ft.

Lot size

0.78 Acres

Year renovated

1929

Sq. Ft.

1,358

Year built

1929

Style

Single Family Residential

County

Marion County

APN

491022114032000700

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

METRO

Dwelling District Two

The D-2 District is intended for use in suburban areas. Ample yards, trees and passive open spaces easily serving each individual lot are envisioned for this District. The D-2 District has a typical density of 1.9 units per gross acre. Two-family dwellings are permitted on corner lots in this District. This District fulfills the lowest density recommendation of the Comprehensive General Land Use Plan. Public water and sewer facilities must be present. Development plans, which may include the use of clustering, should incorporate and promote environmental and aesthetic considerations, working within the constraints and advantages presented by existing site conditions, including vegetation, topography, drainage and wildlife.

Zone overlays

Metro Context Area

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Housing-Multiple units
Communications tower
Park & open space

Property details

Parking

Parking Information
Garage Parking Other: Garage Door Opener,Service Door
Parking Features: Detached, Asphalt, Garage Door Opener, Guest Parking, Storage, Workshop in Garage
Garage Spaces: 4
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 1358
Living Area: 1358
Main Level Sq. Ft.: 1358

Bedroom Information
# of Bedrooms Main: 2
Beds MU: 2
Bedrooms MU: 2

Bathroom Information
# of Full Baths (Total): 2
# of Full Baths (Main): 2
Full Baths MU: 2
Full Bathrooms MU: 2
Primary Bathroom Description: Tub Full with Shower

Room 1 Information
Room Features: Hardwood
Room Dimensions: 12x13
Room Level: Main

Room 2 Information
Room Type: Bedroom 2
Room Features: Hardwood
Room Dimensions: 11x13
Room Level: Main

Room 3 Information
Room Type: Kitchen
Room Dimensions: 12x13
Room Level: Main

Room 4 Information
Room Type: Dining Room
Room Dimensions: 12x9
Room Level: Main

Room 5 Information
Room Type: Living Room
Room Features: Parquet
Room Dimensions: 19x14
Room Level: Main

Room 6 Information
Room Type: Laundry
Room Dimensions: 9x11
Room Level: Main

Other Rooms Information
Rooms Upper: 0
Rooms Main: 5
Rooms Basement: 0
# of Rooms: 5

Laundry Room Information
Laundry Features: Laundry Room, Main Level

Heating & Cooling
Heating Information: Baseboard, Gas, Hot Water
Cooling Information: Central Electric

Interior Features
Interior Features: Breakfast Bar, Hardwood Floors, Eat-in Kitchen, Pantry, Screens Complete, Windows Vinyl
Appliances: Electric Cooktop, Dishwasher, Dryer, ENERGY STAR Qualified Water Heater, Electric Water Heater, Oven, Washer, Water Softener Owned
Areas Interior: Utility Room

Exterior

Exterior Features
Patio And Porch Features: Breeze Way, Gazebo, Open Patio
Exterior Features: Lighting, Out Building With Utilities, Water Feature Fountain
Fence YN: No

Farm Information
Horse Amenities: None

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: 1/2-1 Acre

Lot Information
Lot Size Acres: 0.78
Lot Features: Not In Subdivision, Mature Trees, Trees-Small (Under 20 Ft), Wooded

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Private Well
Electric: 200+ Amp Service
Utilities: Cable Connected, Electricity Connected, Gas, Sewer Connected, Well
Solid Waste Information: Yes

Location

School Information
Elementary School: Lowell Elementary School
Intermediate School: Raymond Park Intermediate & Middle
High School: Warren Central High School
High School District: MSD Warren Township

Location Information
Directions: GPS Friendly
Tax Legal Description: WATERMANS AMENDED ARLINGTON AVE ADD L30

Public facts

Beds: 3
Baths: —
Sq. Ft.: 1,358
Stories: 1.0
Lot Size: 0.78 acres
Style: Single Family Residential
Year Built: 1929
Year Renovated: 1929
County: Marion County
APN: 491022114032000700

Home facts updated by county records on Jul 29, 2026

Other

Listing Information
Attribution Contact: amber.j.hite@kw.com

Green Information
Green Certification YN: No
Direction Faces: West

Home Information
Foundation Details: Block
Construction Materials: Block, Vinyl Siding
Levels: One

Around this home

Schools

Lowell Elementary School

Public K-4 • Assigned • 0.8mi

4/10

Raymond Park Middle School (7-8)

Public 5-8 • Assigned • 2.6mi

4/10

Warren Central High School

Public 9-12 • Assigned • 5.2mi

3/10

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

3/10 Heat Factor

7 days above 102° 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 • 46203

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.7 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

9.7 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$239,000 – $289,000

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Home values near 2321 Waterman Ave

Data from public records.

Address	Redfin Estimate
2312 Waterman Road, Indianapolis, IN 3 Beds \| - Baths \| 2080 Sq. Ft.	$227,893
2234 Waterman Road, Indianapolis, IN 3 Beds \| 2 Baths \| 2657 Sq. Ft.	$210,564

Address	Redfin Estimate
2317 Waterman Road, Indianapolis, IN 3 Beds \| - Baths \| 2032 Sq. Ft.	$164,728
2229 Waterman Road, Indianapolis, IN 3 Beds \| - Baths \| 1186 Sq. Ft.	$171,988

Address	Redfin Estimate
2225 Waterman Road, Indianapolis, IN 3 Beds \| - Baths \| 1608 Sq. Ft.	$191,009
2228 Waterman Road, Indianapolis, IN 3 Beds \| 2 Baths \| 1416 Sq. Ft.	$161,586

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

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