Rare Investment Opportunity in 46205! Back on the market after 40+ years of prideful ownership, this classic American-style home is a blank canvas ready for your vision. Located just minutes from downtown, this 3 bedroom, 1 bath property includes a dedicated office space, offering the perfect layout for a modern rental or a high-end renovation. The home features a solid structure with "great bones" and timeless character. The deep, expansive backyard provides significant value-add potential, with ample room for a garage addition, gardening, or a private entertainment space. Whether you are a seasoned pro looking for a BRRRR/Flip candidate or a first-time investor looking to build sweat equity in a high-demand area, this is a must-see. The seller is highly motivated. Don't miss your chance to secure a high-upside property in one of Indy's most active and popular pockets!
Single-familyProperty Type
1918Year Built
5,445 sq ftLot Size
$85Price/Sq.Ft.
$3/moHOA Dues
Listed by Cameron Mason• Keller Williams Indpls Metro N
Listed by Ernest Hanohano-Pastushin
Bought with Cameron Mason• Keller Williams Indpls Metro N
Bought with Ernest Hanohano-Pastushin• Keller Williams Indpls Metro N
Est. $1,375 per month, based on comparable rentals
Sale and tax history for 2957 Winthrop Ave
Sale History
Tax History
Date
Event
Price
MIBOR as Distributed by MLS Grid #22101479
Jul 14, 2026
Sold
$145,000
$85/sq ft
Jul 4, 2026
Pending
—
Jun 20, 2026
Relisted
—
Jun 16, 2026
Pending
—
May 15, 2026
Listed
$175,000
$102/sq ft
MIBOR as Distributed by MLS Grid #22017491
Jan 2, 2026
Listing Removed
—
Oct 27, 2025
Relisted
—
Oct 21, 2025
Pending
—
Sep 16, 2025
Price Changed
$179,500
$105/sq ft
Jun 26, 2025
Price Changed
$180,000
$105/sq ft
Apr 10, 2025
Price Changed
$190,000
$111/sq ft
Jan 10, 2025
Listed
$215,000
$126/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,834 (−1.1%)
$26,300 + $132,900
$159,200
2024
$3,875 (+6.8%)
$26,300 + $133,200
$159,500
2023
$3,629 (+22.6%)
$26,300 + $133,200
$159,500
2022
$2,959 (+41.5%)
$26,300 + $123,000
$149,300
2021
$2,091 (+14.5%)
$4,400 + $82,600
$87,000
2020
$1,826 (+1.2%)
$4,400 + $82,600
$87,000
2019
$1,804 (−2.3%)
$4,400 + $70,900
$75,300
2018
$1,846 (+49.6%)
$4,400 + $68,600
$73,000
2017
$1,234 (+9.8%)
$4,400 + $50,100
$54,500
2016
$1,124 (+3.6%)
$4,400 + $50,100
$54,500
2015
$1,085 (−2.7%)
$4,400 + $46,100
$50,500
2014
$1,115 (+4.0%)
$4,400 + $44,900
$49,300
2013
$1,072
$4,400 + $47,200
$51,600
Public record
Public record
Zoning
Permits
Beds
4
Baths
—
Stories
2
Lot width
40 ft.
Lot depth
136 ft.
Lot size
5,445 Sq. Ft.
Year renovated
1964
Sq. Ft.
1,140
Year built
1918
Style
Single Family Residential
County
Marion County
APN
490730109043000101
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 3, 2026.
D5
COMPACT
Dwelling District Five
The D-5 district is intended for medium and large- lot housing formats, primarily for detached houses, but may incorporate small- scale multi- unit building types in strategic locations. This district can be used for new, walkable suburban neighborhoods or for infill situation in established urban areas, including both low density and medium density residential recommendations of the Comprehensive Plan, and the Suburban Neighborhood and Traditional Neighborhood Typologies of the Land Use Pattern Book.
Zone overlays
Compact Context Area
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Communications tower
Housing-Mobile home park
Park & open space
Apr 12, 2019 • Active
Right of way permit-excavation
Perform geotechnical soil boring.
Grading
Apr 4, 2005 • Active
Structural permit-1-2 family-miscellaneous
Remodel
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Features: Gravel, On Street
Interior
Interior Sq. Ft. Information
Building Area Total: 1710
Living Area: 1140
Main Level Sq. Ft.: 570
Upper Level Sq. Ft.: 570
Lower/Basement Level Sq. Ft (Finished): 0
Bedroom Information
# of Upper Bedrooms: 3
Beds MU: 3
Bedrooms MU: 3
Bathroom Information
# of Full Baths (Total): 1
# of Full Baths (Upper): 1
Full Baths MU: 1
Full Bathrooms MU: 1
Room 1 Information
Room Type: Living Room
Room Dimensions: 16x11
Room Level: Main
Room 2 Information
Room Type: Dining Room
Room Dimensions: 13x13
Room Level: Main
Room 3 Information
Room Type: Kitchen
Room Dimensions: 21x9
Room Level: Main
Room 4 Information
Room Type: Laundry
Room Features: Other
Room Dimensions: 12x12
Room Level: Basement
Room 5 Information
Room Dimensions: 12x16
Room Level: Upper
Room 6 Information
Room Type: Bedroom 2
Room Dimensions: 9x10
Room Level: Upper
Room 7 Information
Room Type: Bedroom 3
Room Dimensions: 9x9
Room Level: Upper
Other Rooms Information
Rooms Upper: 3
Rooms Main: 3
Rooms Basement: 0
# of Rooms: 6
Basement Information
Has Basement
Heating & Cooling
Heating Information: Natural Gas
Cooling Information: Window Unit(s)
Interior Features
Interior Features: Eat-in Kitchen
Appliances: None
Exterior
Building Information
Percent Optional Level Finished: 0
Exterior Features
Patio And Porch Features: Covered
Farm Information
Horse Amenities: None
Property Information
Ownership Interest Types: Voluntary Fee
Property Type: Residential
Property Sub Type: Single Family Residence
Land Information
Acres: <1/4 Acre
Lot Information
Lot Size Acres: 0.13
Utilities
Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Public
Utilities: Cable Available, Electricity Connected, Natural Gas Connected
Solid Waste Information: Yes
Location
HOA Information
Has HOA
Association Fee: $36
Association Fee Frequency: Annually
School Information
High School District: Indianapolis Public Schools
Location Information
Directions: GPS Friendly
Tax Legal Description: Meadland Grandview Add L47
Public facts
Beds: 4
Baths: —
Sq. Ft.: 1,140
Stories: 2.0
Lot Size: 5,445 square feet
Style: Single Family Residential
Year Built: 1918
Year Renovated: 1964
County: Marion County
APN: 490730109043000101
Home facts updated by county records on Aug 3, 2026
Other
Green Information
Direction Faces: West
Home Information
Foundation Details: Block
Construction Materials: Vinyl With Brick
Levels: Two
Around this home
Schools
Francis W. Parker School 56
Public PreK-8 • Assigned • 0.7mi
4/10
Shortridge High School
Public 9-12 • Assigned • 1.0mi
2/10
Provided by GreatSchools
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 102° expected this year, 19 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46205
Average low and high temperatures (°F)
32
18
42
27
60
40
68
49
71
54
84
67
88
72
84
66
82
60
71
49
54
40
42
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
89/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.4 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$143,000 – $173,000
Sell confidently with a local market expert in Indianapolis.