Located at 4903 Rowney ST, Indianapolis, IN, this single-family residence presents a remarkable investment opportunity. This 1,020 sqft, 2 bedroom/ 1 bathroom home offers a deep 0.31 acre lot with outbuilding and garage. The home has sinking floors and may need to be demolished. Put on your creativity hat for this property. The price is right to rebuild a future home to your liking.
Single-familyProperty Type
1938Year Built
0.31 acresLot Size
$98Est. Price/Sq.Ft.
1 car garageParking
Listed by Kurt Clements• Diverse Property Solutions Ind
Bought with Andrea Garcia Barahona• RE/MAX At The Crossing
Bought with Carrie Garvey-Lawson• RE/MAX At The Crossing
*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
2
Baths
—
Stories
1
Lot width
53 ft.
Lot depth
253 ft.
Lot size
0.31 Acres
Year renovated
1969
Sq. Ft.
1,020
Year built
1938
Style
Single Family Residential
County
Marion County
APN
491016112035000101
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
D3
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
Mar 1, 1996 • Final
Structural permit-1-2 family-miscellaneous
Repair a detached garage.
Remodel
Mar 1, 1996 • Final
Electrical permit-1-2 family-residential addition
Addition
Electrical
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: 396
Parking Features: Detached
Garage Spaces: 1
Has Garage
Interior
Interior Sq. Ft. Information
Building Area Total: 1020
Living Area: 1020
Main Level Sq. Ft.: 1020
Upper Level Sq. Ft.: 0
Bedroom Information
# of Bedrooms Main: 2
Beds MU: 2
Bedrooms MU: 2
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 2
Room Features: Other
Room Dimensions: 11x10
Room Level: Main
Room 2 Information
Room Type: Living Room
Room Features: Other
Room Dimensions: 15x14
Room Level: Main
Room 3 Information
Room Type: Kitchen
Room Features: Other
Room Dimensions: 12x10
Room Level: Main
Room 4 Information
Room Features: Other
Room Dimensions: 12x10
Room Level: Main
Other Rooms Information
Rooms Upper: 0
Rooms Main: 4
Rooms Basement: 0
# of Rooms: 4
Heating & Cooling
Heating Information: None, Forced Air, Natural Gas
Cooling Information: None
Interior Features
Interior Features: Attic Pull Down Stairs, Eat-in Kitchen
Appliances: None, Gas Water Heater
Exterior
Exterior Features
Patio And Porch Features: Covered
Fence YN: No
Farm Information
Horse Amenities: None
Property Information
Property Type: Residential
Property Condition: Fixer
Property Sub Type: Single Family Residence
Land Information
Acres: 1/4-1/2 Acre
Lot Information
Lot Size Acres: 0.31
Lot Features: Mature Trees
Utilities
Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Public
Solid Waste Information: Yes
Location
School Information
High School District: Indianapolis Public Schools
Location Information
Directions: GPS Friendly
Tax Legal Description: Days Southeastern Add L29
Public facts
Beds: 2
Baths: —
Sq. Ft.: 1,020
Stories: 1.0
Lot Size: 0.31 acres
Style: Single Family Residential
Year Built: 1938
Year Renovated: 1969
County: Marion County
APN: 491016112035000101
Home facts updated by county records on Jul 29, 2026
Other
Home Information
Foundation Details: Crawl Space
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)
32
19
42
27
61
40
68
49
72
55
83
67
87
73
82
66
81
62
70
51
54
40
42
29
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
$98,000 – $119,000
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