Investor opportunity under $140K with strong rental potential on Indianapolis' Westside. This 3-bedroom ranch offers more square footage than many recent neighborhood sales and a functional layout with comfortable living space and natural light throughout. The manageable yard supports low-maintenance ownership for both investors and owner-occupants. Recently repositioned at $139,900, the property represents one of the stronger value opportunities currently available as inventory under $140K remains limited. Recent exterior trim painting and soffit repairs have improved curb appeal. Conveniently located near 38th St, I-465, local amenities, and the Indianapolis Motor Speedway, the property offers strong accessibility for both residents and tenants. For buyers evaluating value opportunities on the Westside, this property deserves a closer look.
Single-familyProperty Type
1955Year Built
5,793 sq ftLot Size
$193Est. Price/Sq.Ft.
Listed by Deborah Argenta• Keller Williams Indpls Metro N
3 BR 1 BA ranch in Eagledale. Move in ready. Great first home or investment property. Be in the heart of Speedway with easy access to downtown and 465. Room sizes are approximate.
MIBOR as Distributed by MLS Grid #2827891
May 7, 2009
Listing Removed
—
May 6, 2008
Listed
$50,000
$56/sq ft
MIBOR as Distributed by MLS Grid #2805843
Jan 28, 2008
Listed
$29,900
$33/sq ft
MIBOR as Distributed by MLS Grid #2630035
May 10, 2006
Listed
$43,900
$49/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,043 (+27.4%)
$4,400 + $122,000
$126,400
2024
$2,389 (+5.4%)
$4,400 + $93,300
$97,700
2023
$2,266 (+5.0%)
$4,400 + $93,300
$97,700
2022
$2,158 (+28.4%)
$4,400 + $88,200
$92,600
2021
$1,680 (+32.0%)
$4,400 + $65,500
$69,900
2020
$1,273 (+0.3%)
$4,400 + $65,500
$69,900
2019
$1,269 (+2.5%)
$4,400 + $47,700
$52,100
2018
$1,238 (+14.1%)
$4,400 + $46,600
$51,000
2017
$1,086 (+7.2%)
$4,400 + $43,500
$47,900
2016
$1,013 (−5.7%)
$4,400 + $43,500
$47,900
2015
$1,074 (+11.0%)
$4,400 + $42,500
$46,900
2014
$968 (+3.9%)
$4,400 + $43,900
$48,300
2013
$932
$4,400 + $40,000
$44,400
Tax history for 3148 Keswick Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,043 (+27.4%)
$4,400 + $122,000
$126,400
2024
$2,389 (+5.4%)
$4,400 + $93,300
$97,700
2023
$2,266 (+5.0%)
$4,400 + $93,300
$97,700
2022
$2,158 (+28.4%)
$4,400 + $88,200
$92,600
2021
$1,680 (+32.0%)
$4,400 + $65,500
$69,900
2020
$1,273 (+0.3%)
$4,400 + $65,500
$69,900
2019
$1,269 (+2.5%)
$4,400 + $47,700
$52,100
2018
$1,238 (+14.1%)
$4,400 + $46,600
$51,000
2017
$1,086 (+7.2%)
$4,400 + $43,500
$47,900
2016
$1,013 (−5.7%)
$4,400 + $43,500
$47,900
2015
$1,074 (+11.0%)
$4,400 + $42,500
$46,900
2014
$968 (+3.9%)
$4,400 + $43,900
$48,300
2013
$932
$4,400 + $40,000
$44,400
*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
Beds
3
Baths
—
Stories
1
Lot width
61 ft.
Lot depth
95 ft.
Lot size
5,793 Sq. Ft.
Year renovated
1977
Sq. Ft.
900
Year built
1955
Style
Single Family Residential
County
Marion County
APN
490619112124000901
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 19, 2026.
D5
AIRSPACE SECONDARY ZONING DISTRICT
METRO
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
Airspace Secondary Zoning District
Metro 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
Property details
Interior
Interior Sq. Ft. Information
Building Area Total: 900
Living Area: 900
Main Level Sq. Ft.: 900
Upper Level Sq. Ft.: 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: 1
Full Bathrooms MU: 1
Room 1 Information
Room Type: Bedroom 3
Room Dimensions: 8x12
Room Level: Main
Room 2 Information
Room Type: Living Room
Room Dimensions: 16x12
Room Level: Main
Room 3 Information
Room Type: Kitchen
Room Dimensions: 8x9
Room Level: Main
Room 4 Information
Room Type: Dining Room
Room Dimensions: 10x12
Room Level: Main
Room 5 Information
Room Dimensions: 11x12
Room Level: Main
Room 6 Information
Room Type: Bedroom 2
Room Dimensions: 10x11
Room Level: Main
Other Rooms Information
Rooms Upper: 0
Rooms Main: 6
Rooms Basement: 0
# of Rooms: 6
Heating & Cooling
Heating Information: Electric, Forced Air
Cooling Information: Central Air
Interior Features
Interior Features: Eat-in Kitchen
Appliances: Dishwasher, Microwave, Refrigerator, Water Heater
Exterior
Exterior Features
Exterior Features: Barn Mini
Fence YN: Yes
Fencing: Partial
Farm Information
Horse Amenities: None
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Land Information
Acres: <1/4 Acre
Lot Information
Lot Size Acres: 0.13
Lot Features: Sidewalks, Mature Trees
Utilities
Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Public
Electric: 200+ Amp Service
Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Solid Waste Information: Yes
Location
School Information
High School District: Indianapolis Public Schools
Location Information
Directions: GPS Friendly
Tax Legal Description: Eagledale Third Section Part Two L857
Community Information
Low Maintenance Lifestyle YN: No
Public facts
Beds: 3
Baths: —
Sq. Ft.: 900
Stories: 1.0
Lot Size: 5,793 square feet
Style: Single Family Residential
Year Built: 1955
Year Renovated: 1977
County: Marion County
APN: 490619112124000901
Home facts updated by county records on Oct 19, 2026
Other
Home Information
Foundation Details: Slab
Construction Materials: Vinyl Siding
Levels: One
Around this home
Schools
Clarence Farrington School 61
Public PreK-5 • Assigned • 0.2mi
3/10
Northwest Middle School - An IB World School
Public 6-8 • Assigned • 1.1mi
4/10
Monarca Academy
Charter 6-12 • Assigned • 1.1mi
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 101° expected this year, 19 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over 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 • 46222
Average low and high temperatures (°F)
32
17
42
26
60
40
68
48
71
54
83
65
87
70
83
65
82
58
70
48
54
39
42
28
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
$166,000 – $201,000
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Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2023. This data may not match public records. Learn more.
Listing provided courtesy of: PMI Midwest
Listing agent: Mark Jones (3175463482)
Based on information submitted to the MLS GRID as of Tue Oct 27 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.