Sold223d on market
4817 Rowney St
Indianapolis, IN, 46203 • Near Southeast • Marion County
$129,000
$107/sqft
3Beds
2Baths
1,204Sqft
0.46 acLot
1940Built
Property DNA
Other Style
Built 1940 · 86 years of history
Days Southeastern
Near Southeast
2-Car Garage
Detached
Market activity
Demand and pricing signals for this listing
9 views
People checking out this listing
223 days on market
Established listing
$107/sqft
Price per square foot
About this home
Single Family · Built 1940
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.)
Standout features identified
Our analysis highlights rain barrel on site, spacious lots, and large garden as key attractions of this home.
Estimated monthly payment
Based on current rates
$847/month
Principal & Interest$675
Property Tax$129
Insurance$43
Down payment20% ($25,800)
3%50%
Est. 6.83% rate · 30yr fixed · $103,200 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1940
HeatingForced Air, Natural Gas
CoolingCentral Air
Parking2 Garage spaces
Lot0.46 Acres
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleOther
Year built1940
Stories1
Systems
HeatingForced Air, Natural Gas
CoolingCentral Air
ConstructionWood Siding
Water / SewerPublic
Parking & Outdoor
ParkingDetached
Garage2 spaces
FencingFenced,Chain Link
Lot0.46 Acres
Location & Tax
NeighborhoodNear Southeast
Annual tax$956
Parcel491016112020000101
Bathrooms & Fees
Full baths2
Features & details
6 categories of property features
Interior Features
Interior
Eat-in Kitchen
Appliances
Gas Oven
Gas Water Heater
Heating
Forced Air
Natural Gas
Cooling
Central Air
Exterior Features
Parking
Detached
Construction
Wood Siding
Room details
9 rooms detailed
Master Bedroom
Main14×10 ft140 sqft
Bedroom2
Main8×10 ft80 sqft
Bedroom3
Main11×11 ft121 sqft
Other
Bonus Room
Main15×9 ft135 sqft
Breakfast Room
Main12×9 ft108 sqft
Other
Family Room
Main16×12 ft192 sqft
Listing insights
Market data and value estimates
StatusSold
Days on market223
Est. value$130,900
Est. rent$1,428/mo
Tax rate0.96%
Price/sqft$107
On marketJul 24, 2025
PostedJul 24, 2025
Last sold$129,000
MLS statusSold
MLS updatedSep 2, 2025
Tour days6
Views9
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46203
Price history
10 events
DateEventPrice$/sqftSource
Aug 28, 2025Sold$129,000$107MIBOR as distributed by MLS GRID
Aug 13, 2025Pending Sale$129,000$107MIBOR as distributed by MLS GRID
Aug 12, 2025Listed For Sale$129,000$107MIBOR as distributed by MLS GRID
Jul 25, 2025Pending Sale$129,000$107MIBOR as distributed by MLS GRID
Jul 24, 2025Listed For Sale$129,000$107MIBOR as distributed by MLS GRID
Aug 13, 2018Sold$57,000$47MIBOR as distributed by MLS GRID
Jun 19, 2018Pending Sale$65,000$54Rocket Realty LLC
Jun 1, 2018Listed For Sale$65,000$54Rocket Realty LLC
Apr 26, 2018Pending Sale$65,000$54Rocket Realty LLC
Mar 22, 2018Listed For Sale$65,000$54Rocket Realty LLC
Sold$129,000
Aug 28, 2025•$107/sqft•MIBOR as distributed by MLS GRID
Pending Sale$129,000
Aug 13, 2025•$107/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$129,000
Aug 12, 2025•$107/sqft•MIBOR as distributed by MLS GRID
Pending Sale$129,000
Jul 25, 2025•$107/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$129,000
Jul 24, 2025•$107/sqft•MIBOR as distributed by MLS GRID
Sold$57,000
Aug 13, 2018•$47/sqft•MIBOR as distributed by MLS GRID
Pending Sale$65,000
Jun 19, 2018•$54/sqft•Rocket Realty LLC
Listed For Sale$65,000
Jun 1, 2018•$54/sqft•Rocket Realty LLC
Pending Sale$65,000
Apr 26, 2018•$54/sqft•Rocket Realty LLC
Listed For Sale$65,000
Mar 22, 2018•$54/sqft•Rocket Realty LLC
Tax history
16 years of records
YearTax paidAssessed value
Apr 9, 2024$597$103,600
Apr 9, 2023$716$83,500
Apr 9, 2022$428$84,400
Apr 9, 2021$431$53,400
Apr 9, 2020$404$54,300
Apr 9, 2019$379$49,900
Apr 9, 2018$971$45,400
Apr 9, 2017$981$44,000
Apr 9, 2016$973$42,000
Apr 9, 2014$979$45,000
Apr 9, 2013$1,029$45,900
Apr 9, 2012$1,029$45,500
Apr 9, 2011—$40,400
Apr 9, 2010$905$40,400
Apr 9, 2009$916$40,400
Apr 9, 2007—$43,100
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby neighborhoods
Chapel Hill-Ben DavisDowntownEagledaleEast WarrenFar EastsideGarden CityNear EastsideSnacks-Guion CreekSouth FranklinSouth Perry
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
46203462174621946220462224622446226462274623746254
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Based on information submitted to the MLS GRID as of 2026-04-09 04:07:45 PDT. 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. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
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