Opportunity meets affordability in this well-positioned 3-bedroom, 2-bath home, offering flexibility for both owner-occupants and investors alike. Previously operated as a rental and most recently leased for $1,450 per month, the property presents a compelling option for buyers looking to add a proven rental to their portfolio. For first-time buyers, it offers the chance to step into homeownership with a functional layout, convenient location, and room to make the space their own. Whether you are looking to build equity, expand your investment portfolio, or secure a home with long-term potential, this property delivers a smart entry point into the market.
The I-2 district is for those industries that present minimal risk and typically do not create objectionable characteristics (such as dirt, noise, glare, heat, odor, etc.) that extend beyond the lot lines. Outdoor operations and storage are completely screened if adjacent to protected districts, and are limited throughout the district to a Percentage of the total operation. Wherever possible, this district is located between a protected district and a heavier industrial area to serve as a buffer.
Zone overlays
Airspace Secondary Zoning District
Metro Context Area
Permitted uses
Include but are not limited to:
Agriculture
Gas station
Day care facility
Manufacturing
Self-Storage / mini-Storage
Warehouse
Research & development
Marina
Communications tower
Park & open space
May 20, 2002 • Active
Heating & cooling permit-1-2 family-replacement
HVAC
Aug 29, 2000 • Final
Right of way permit-excavation
Install a new gas main.
Gas
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: Attached, Concrete
Garage Spaces: 2
Has Garage
Interior
Interior Sq. Ft. Information
Building Area Total: 1296
Living Area: 1296
Main Level Sq. Ft.: 1296
Upper Level Sq. Ft.: 0
Bedroom Information
Primary Bedroom Description: Bedroom Split
# 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
Primary Bathroom Description: Tub Full with Separate Shower
Room 1 Information
Room Type: Bedroom 3
Room Dimensions: 12x08
Room Level: Main
Room 2 Information
Room Type: Bedroom 2
Room Dimensions: 12x11
Room Level: Main
Room 3 Information
Room Type: Master Bedroom
Room Dimensions: 13x12
Room Level: Main
Room 4 Information
Room Type: Dining Room
Room Dimensions: 13x10
Room Level: Main
Room 5 Information
Room Type: Laundry
Room Dimensions: 05x04
Room Level: Main
Room 6 Information
Room Type: Kitchen
Room Dimensions: 12x10
Room Level: Main
Room 7 Information
Room Type: Living Room
Room Dimensions: 18x12
Room Level: Main
Other Rooms Information
Rooms Upper: 0
Rooms Main: 7
Rooms Basement: 0
# of Rooms: 7
Heating & Cooling
Heating Information: Forced Air, Electric
Cooling Information: Central Air
Interior Features
Interior Features: Vaulted Ceiling(s), Wood Work Stained, Eat-in Kitchen, Pantry
Appliances: Dishwasher, Exhaust Fan, Electric Oven, Refrigerator, Electric Water Heater
Exterior
Exterior Features
Patio And Porch Features: Deck, Porch
Exterior Features: Barn Mini
Fence YN: Yes
Fencing: Full, Privacy
Farm Information
Horse Amenities: None
Property Information
Ownership Interest Types: Mandatory Fee
Other Equipment: Smoke Alarm
Property Type: Residential
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
Utilities: Cable Connected
Solid Waste Information: No
Location
HOA Information
Has HOA
Association Fee: $45
Association Fee Frequency: Monthly
School Information
High School District: MSD Decatur Township
Location Information
Directions: GPS Friendly
Tax Legal Description: SHENANDOAH SEC 1 L58 & 37.50FT E SIDE L59
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,296
Stories: 1.0
Lot Size: 0.31 acres
Style: Single Family Residential
Year Built: 1987
Year Renovated: 2002
County: Marion County
APN: 491235100059000200
Home facts updated by county records on Jul 29, 2026
Other
Home Information
Foundation Details: Crawl Space
Construction Materials: Vinyl Siding
Levels: One
Around this home
Schools
Valley Mills Elementary School
Public K-6 • Assigned • 0.7mi
6/10
Decatur Middle School
Public 7-8 • Assigned • 0.8mi
3/10
Decatur Central High School
Public 9-12 • Assigned • 0.9mi
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
3/10 Heat Factor
7 days above 101° expected this year, 18 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46241
Average low and high temperatures (°F)
32
18
42
27
60
40
68
48
71
54
82
66
87
71
82
66
81
60
70
50
54
40
41
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Indianapolis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$171,000 – $207,000
Sell confidently with a local market expert in Indianapolis.