OFF MARKET

Off Market Aug 2025 for $129K

$214,197

Est. refi paymentEst. refi $1,075/mo

•

1,204

sq ft

4817 Rowney St, Indianapolis, IN 46203

About this home

Opportunity Knocks! This property sits on two spacious lots, offering endless potential for the right buyer. While the home is in need of updating, its generous footprint creates a rare investment opportunity. Whether you're an investor looking for your next value-add project or a homeowner ready to roll up your sleeves and build equity, this is your chance to transform a diamond in the rough. Great space for a large garden with your own rain barrel on site! With vision and the right improvements, this property could deliver a strong return!! New furnace in 2023 and water heater replaced in 2021. Property is being sold "AS IS", Some items in the garage will be removed along with the TV in the house. All other items will not be removed from the property. (Room measurements are not exact and do not match the assessor's interior measurements due to the back porch being enclosed and a kitchen, sitting room, dining room and bedroom added.)

Single-familyProperty Type

1940Year Built

0.46 acresLot Size

$178Est. Price/Sq.Ft.

2 car garageParking

Listed by Sarah Flynn • CENTURY 21 Scheetz

Bought with Luis Coronel • Realty of America LLC

Redfin checked: 2 minutes ago

•Source:MIBOR as Distributed by MLS Grid #22052113

Redfin Estimate

$214,197

$85K since sold in August 2025$3,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 22.5% higher than the average sale price ($175K) of 6 comparable homes.

SOLD AUG 21, 2026
$225,000
A
3 beds2 baths1,248 sq ft
5014 Reeder St, Indianapolis, IN 46203
SOLD JUN 12, 2026
$210,000
B
3 beds2 baths1,398 sq ft
1402 S Hawthorne Ln, Indianapolis, IN 46203
SOLD BY REDFIN AUG 3, 2026
$205,000
C
3 beds2 baths1,225 sq ft
5230 Cheryl Ln, Indianapolis, IN 46203
SOLD APR 10, 2026
$120,000
D
3 beds2 baths1,278 sq ft
1405 S Butler Ave, Indianapolis, IN 46203
SOLD JUN 26, 2026
$180,000
E
3 beds1 bath1,092 sq ft
3838 Terrace Ave, Indianapolis, IN 46203
SOLD MAY 6, 2026
$108,990
F
2 beds2 baths1,130 sq ft
4624 Terrace Ave, Indianapolis, IN 46203

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Earn from this home

Sell

$98,817

Est. take-home

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Refinance

Est. cash available

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Rent

$1,445/mo

Redfin rental estimate

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Market trends in 46203, IN

Last updated August 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

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See all

Provided by Redfin

Sale history for 4817 Rowney St

Date

Event

Price

Public Records

Sep 23, 2025

Sold

$157,200

$131/sq ft

MIBOR as Distributed by MLS Grid #22052113

Aug 28, 2025

Sold

$129,000

$107/sq ft

Aug 13, 2025

Pending

—

Aug 12, 2025

Relisted

—

Jul 25, 2025

Pending

—

Jul 24, 2025

Listed

$129,000

$107/sq ft

MIBOR as Distributed by MLS Grid #21552610

Aug 13, 2018

Sold

$57,000

$47/sq ft

Jun 19, 2018

Pending

—

Jun 1, 2018

Relisted

—

Apr 26, 2018

Pending

—

Mar 22, 2018

Listed

$65,000

$54/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$1,224 (+13.3%)

$22,700 + $98,500

$121,200

2024

$1,080 (+49.5%)

$22,700 + $80,900

$103,600

2023

$722 (−13.8%)

$22,700 + $80,900

$103,600

2022

$838 (+53.1%)

$22,700 + $60,800

$83,500

2021

$547

$11,000 + $42,400

$53,400

2020

$547 (+5.7%)

$11,000 + $42,400

$53,400

2019

$517 (+5.9%)

$11,000 + $43,300

$54,300

2018

$489 (−53.3%)

$7,000 + $42,900

$49,900

2017

$1,046 (+6.8%)

$7,000 + $37,000

$44,000

2016

$980 (+0.7%)

$7,000 + $37,000

$44,000

2015

$973 (−0.6%)

$7,000 + $35,000

$42,000

2014

$979 (+1.9%)

$7,000 + $36,900

$43,900

2013

$961

$7,000 + $38,000

$45,000

Tax history for 4817 Rowney St

Year

Property tax

Land + Additions

Assessment*

2025

$1,224 (+13.3%)

$22,700 + $98,500

$121,200

2024

$1,080 (+49.5%)

$22,700 + $80,900

$103,600

2023

$722 (−13.8%)

$22,700 + $80,900

$103,600

2022

$838 (+53.1%)

$22,700 + $60,800

$83,500

2021

$547

$11,000 + $42,400

$53,400

2020

$547 (+5.7%)

$11,000 + $42,400

$53,400

2019

$517 (+5.9%)

$11,000 + $43,300

$54,300

2018

$489 (−53.3%)

$7,000 + $42,900

$49,900

2017

$1,046 (+6.8%)

$7,000 + $37,000

$44,000

2016

$980 (+0.7%)

$7,000 + $37,000

$44,000

2015

$973 (−0.6%)

$7,000 + $35,000

$42,000

2014

$979 (+1.9%)

$7,000 + $36,900

$43,900

2013

$961

$7,000 + $38,000

$45,000

*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

100 ft.

Lot depth

202 ft.

Lot size

0.48 Acres

Year renovated

1970

Sq. Ft.

1,204

Year built

1940

Style

Single Family Residential

County

Marion County

APN

491016112020000101

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

COMPACT

Dwelling District Three

The D-3 District provides for low or medium intensity residential development. Land in this District should have good thoroughfare access, be relatively flat in topography, and be afforded pedestrian linkages to community and neighborhood services and facilities (schools, parks, shopping areas, etc.). Recreational facilities developed for the neighborhood complement the treed yards on the individual lots. Predominantly single-family detached dwellings are envisioned with two-family dwellings on corner lots in this District. The D-3 District has a typical density of 2.6 units per gross acre. This District fulfills the low density residential classification of the Comprehensive General Land Use Plan. All public utilities and 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 considerations, including vegetation, topography, drainage and wildlife.

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

Feb 27, 2006 • Final

Right of way permit-excavation

Perform emergency repairs on a main line.

Grading

Mar 1, 1996 • Final

Structural permit-1-2 family-miscellaneous

Tear off the existing roof and install a new roof.

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
Garage SqFt: 576
Parking Features: Detached
Garage Spaces: 2
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 1204
Living Area: 1204
Main Level Sq. Ft.: 1204
Upper Level Sq. Ft.: 0

Bedroom Information
# of Bedrooms Main: 3
Beds MU: 3
Bedrooms MU: 3

Bathroom Information
# of Full Baths (Total): 2
# of Full Baths (Main): 2
Full Baths MU: 2
Full Bathrooms MU: 2

Room 1 Information
Room Type: Kitchen
Room Dimensions: 10x10
Room Level: Main

Room 2 Information
Room Type: Kitchen
Room Dimensions: 10x7
Room Level: Main

Room 3 Information
Room Type: Family Room
Room Dimensions: 16x12
Room Level: Main

Room 4 Information
Room Type: Breakfast Room
Room Features: Other
Room Dimensions: 12x9
Room Level: Main

Room 5 Information
Room Dimensions: 14x10
Room Level: Main

Room 6 Information
Room Type: Bedroom 2
Room Dimensions: 8x10
Room Level: Main

Room 7 Information
Room Type: Bedroom 3
Room Features: Other
Room Dimensions: 11x11
Room Level: Main

Room 8 Information
Room Type: Bonus Room
Room Dimensions: 15x9
Room Level: Main

Room 9 Information
Room Type: Laundry
Room Dimensions: 11x8
Room Level: Main

Other Rooms Information
Rooms Upper: 0
Rooms Main: 9
Rooms Basement: 0
# of Rooms: 9

Heating & Cooling
Heating Information: Forced Air, Natural Gas
Cooling Information: Central Air

Interior Features
Interior Features: Eat-in Kitchen
Appliances: Gas Oven, Gas Water Heater
Areas Interior: Laundry in Unit

Exterior

Exterior Features
Fence YN: Yes
Fencing: Chain Link

Farm Information
Horse Amenities: None

Property Information
Property Type: Residential
Has Additional Parcels
Property Sub Type: Single Family Residence

Land Information
Acres: 1/4-1/2 Acre

Lot Information
Lot Size Acres: 0.46

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Public
Utilities: Natural Gas Connected
Solid Waste Information: Yes

Location

School Information
High School District: Indianapolis Public Schools

Location Information
Directions: 465 E to Exit 49 onto Southeastern Ave to US 421 toward Southeastern Ave, turn Right to Worchester Ave, Turn Right to Rowney
Tax Legal Description: Days Southeastern Add L30 & L31

Public facts

Beds: 1
Baths: —
Sq. Ft.: 1,204
Stories: 1.0
Lot Size: 0.48 acres
Style: Single Family Residential
Year Built: 1940
Year Renovated: 1970
County: Marion County
APN: 491016112020000101

Home facts updated by county records on Jul 29, 2026

Other

Home Information
Foundation Details: Crawl Space, Partial
Construction Materials: Wood Siding
Levels: One

Around this home

Schools

Christian Park School 82

Public PreK-5 • Assigned • 0.9mi

3/10

Thomas Carr Howe Middle School - An IB World School

Public 6-8 • Assigned • 1.4mi

1/10

Purdue Polytechnic High School - Englewood

Charter 9-12 • Assigned • 2.0mi

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

$204,000 – $247,000

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Home values near 4817 Rowney St

Data from public records.

Address	Redfin Estimate
4907 Rowney St, Indianapolis, IN - Beds \| - Baths \| 1040 Sq. Ft.	$149,567
4811 Rowney St, Indianapolis, IN 2 Beds \| 1 Baths \| 896 Sq. Ft.	$98,758

Address	Redfin Estimate
4903 Rowney St, Indianapolis, IN 2 Beds \| 1 Baths \| 1020 Sq. Ft.	$99,862
4929 Rowney St, Indianapolis, IN 2 Beds \| - Baths \| 660 Sq. Ft.	$88,858

Address	Redfin Estimate
4807 Rowney St, Indianapolis, IN 3 Beds \| - Baths \| 1400 Sq. Ft.	$145,993
4808 Rowney St, Indianapolis, IN 2 Beds \| - Baths \| 768 Sq. Ft.	$103,676

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2025. This data may not match . Learn more.

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