For Sale90d on marketHistoric · 106 yrs
1245 S Belmont Ave
Indianapolis, IN, 46221 • West Indianapolis • Marion County
$109,900
$67/sqft
-$5,000 since Mar 31, 2026
Down payment assistance available
3Beds
1Baths
1,632Sqft
0.12 acLot
1920Built
Property DNA
Traditional Style
Built 1920 · 106 years of history
Kappes & Naltners Belmont
West Indianapolis
2-Car Garage
Detached
This home is getting attention
Listed 90 days ago · 1,081 views · 47 saves
Market activity
Demand and pricing signals for this listing
1,081 views
People checking out this listing
47 saves
Buyers have saved this home
90 days on market
Established listing
$67/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 48% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1920 · Historic
Welcome to 1245 S Belmont, a well-maintained residential property offering immediate cash flow with a tenant already in place. This home features a functional layout, comfortable living spaces, and consistent rental performance, making it an ideal option for investors looking to add a stabilized property to their portfolio. The property is currently tenant-occupied, providing income from day one. Conveniently located with easy access to local amenities, major roadways, and everyday necessities, this home offers long-term rental appeal in an established neighborhood. Whether you're a seasoned investor or just starting to build your portfolio, 1245 S Belmont presents a solid opportunity with built-in tenancy and minimal upfront effort. Please do not disturb tenant. Showings by appointment only.
Standout features identified
Our analysis highlights comfortable living spaces and functional layout as key attractions of this home.
Estimated monthly payment
Based on current rates
$717/month
Principal & Interest$570
Property Tax$110
Insurance$37
Down payment20% ($21,980)
3%50%
Est. 6.75% rate · 30yr fixed · $87,920 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1920
HeatingForced Air, Natural Gas
CoolingNone
Parking2 Garage spaces
Lot5,227 sqft
Days on Zillow90 Days
Price/sqft$67
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleTraditional
Year built1920
Stories1
Systems
HeatingForced Air, Natural Gas
CoolingNone
ConstructionVinyl Siding
Water / SewerPublic
Parking & Outdoor
ParkingDetached
Garage2 spaces
BasementUnfinished
Lot5,227 sqft
Location & Tax
NeighborhoodWest Indianapolis
Annual tax$2,776
Parcel491115141013000101
Bathrooms & Fees
Full baths1
Features & details
5 categories of property features
Interior Features
Appliances
Refrigerator
Gas Water Heater
Heating
Forced Air
Natural Gas
Cooling
None
Exterior Features
Parking
Detached
Construction
Vinyl Siding
Room details
2 rooms detailed
Master Bedroom
Main10×10 ft100 sqft
Kitchen
Main10×10 ft100 sqft
Listing insights
Market data and value estimates
StatusFor Sale
Days on market90
Est. rent$1,543/mo
Tax rate0.96%
Price/sqft$67
On marketJan 7, 2026
PostedJan 7, 2026
Last sold$97,000
MLS statusActive
MLS updatedMar 31, 2026
Tour days9
Views1,081
Favorites47
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46221
Price history
19 events
DateEventPrice$/sqftSource
Mar 31, 2026Price Change$109,900$67MIBOR as distributed by MLS GRID
Mar 29, 2026Listed For Sale$114,900$70MIBOR as distributed by MLS GRID
Mar 11, 2026Pending Sale$114,900$70MIBOR as distributed by MLS GRID
Mar 4, 2026Price Change$114,900$70MIBOR as distributed by MLS GRID
Jan 30, 2026Price Change$119,900$73MIBOR as distributed by MLS GRID
Jan 7, 2026Listed For Sale$124,900$77MIBOR as distributed by MLS GRID
Aug 2, 2021Listing Removed——Zillow Rental Network Premium
Jul 18, 2021Listed For Rent$899$1Zillow Rental Network Premium
Aug 6, 2020Listing Removed$899$1PMI Midwest
Jul 11, 2020Listed For Rent$899$1PMI Midwest
Jul 3, 2020Sold$97,000$59MIBOR as distributed by MLS GRID
Jun 29, 2020Pending Sale$119,000$73Partnered Property Management
Jun 23, 2020Listed For Sale$119,000$73Partnered Property Management
Nov 6, 2019Sold$12,500$8MIBOR as distributed by MLS GRID
Oct 30, 2019Pending Sale$25,000$15United Real Estate Indpls
Sep 23, 2019Price Change$25,000$15United Real Estate Indpls
Aug 25, 2019Listed For Sale$30,000$18United Real Estate Indpls
Aug 2, 2018Sold$38,392$24Public Record
Jun 19, 2018Listed For Sale——Auction.com
Price Change$109,900
Mar 31, 2026•$67/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$114,900
Mar 29, 2026•$70/sqft•MIBOR as distributed by MLS GRID
Pending Sale$114,900
Mar 11, 2026•$70/sqft•MIBOR as distributed by MLS GRID
Price Change$114,900
Mar 4, 2026•$70/sqft•MIBOR as distributed by MLS GRID
Price Change$119,900
Jan 30, 2026•$73/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$124,900
Jan 7, 2026•$77/sqft•MIBOR as distributed by MLS GRID
Listing Removed—
Aug 2, 2021•Zillow Rental Network Premium
Listed For Rent$899
Jul 18, 2021•$1/sqft•Zillow Rental Network Premium
Listing Removed$899
Aug 6, 2020•$1/sqft•PMI Midwest
Listed For Rent$899
Jul 11, 2020•$1/sqft•PMI Midwest
Sold$97,000
Jul 3, 2020•$59/sqft•MIBOR as distributed by MLS GRID
Pending Sale$119,000
Jun 29, 2020•$73/sqft•Partnered Property Management
Listed For Sale$119,000
Jun 23, 2020•$73/sqft•Partnered Property Management
Sold$12,500
Nov 6, 2019•$8/sqft•MIBOR as distributed by MLS GRID
Pending Sale$25,000
Oct 30, 2019•$15/sqft•United Real Estate Indpls
Price Change$25,000
Sep 23, 2019•$15/sqft•United Real Estate Indpls
Listed For Sale$30,000
Aug 25, 2019•$18/sqft•United Real Estate Indpls
Sold$38,392
Aug 2, 2018•$24/sqft•Public Record
Listed For Sale—
Jun 19, 20180•Auction.com
Tax history
23 years of records
YearTax paidAssessed value
Apr 8, 2024$2,673$117,000
Apr 8, 2023$2,741$112,700
Apr 8, 2022$1,912$116,100
Apr 8, 2021$1,408$82,900
Apr 8, 2020$1,192$60,800
Apr 8, 2019$294$50,500
Apr 8, 2018$245$48,900
Apr 8, 2017$277$42,300
Apr 8, 2016$252$42,400
Apr 8, 2014$242$44,600
Apr 8, 2013$341$47,200
Apr 8, 2012$341$52,300
Apr 8, 2011—$52,900
Apr 8, 2010$322$52,900
Apr 8, 2009$313$56,200
Apr 8, 2007—$63,000
Apr 8, 2006—$70,300
Apr 8, 2005—$53,500
Apr 8, 2004—$53,500
Apr 8, 2003—$53,500
Apr 8, 2002—$19,500
Apr 8, 2001—$6,500
Apr 8, 2000—$5,260
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 2026-04-08 10:22:56 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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