For Sale20d on marketHistoric · 96 yrs
1241 W 31st St
Indianapolis, IN, 46208 • Near NW-Riverside • Marion County
$250,000
$154/sqft
Down payment assistance available
6Beds
2Baths
1,628Sqft
0.12 acLot
1930Built
Property DNA
Ranch Style
Built 1930 · 96 years of history
Armstrongs 1st Add
Near NW-Riverside
This home is getting attention
Listed 20 days ago · 483 views · 8 saves
Market activity
Demand and pricing signals for this listing
483 views
People checking out this listing
8 saves
Buyers have saved this home
20 days on market
Recently listed
$154/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 49% 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 1930 · Historic
Fully Renovated 6-Bedroom Home - Investment or Owner-Occupant Opportunity! Welcome to this beautifully renovated home located at 1241 W 31st St in the heart of Indianapolis. This spacious 6-bedroom, 2-bathroom single-level property offers a rare combination of size, functionality, and modern updates. Recently updated throughout, the home features fresh flooring, updated kitchens and bathrooms, making it completely move-in ready. With all bedrooms conveniently located on one floor, the layout is ideal for large households, shared living, or maximizing rental potential. This property is a fantastic investment opportunity with strong rental appeal due to the high bedroom count, but it's equally well-suited for an end user looking for space and flexibility. Whether you're an investor seeking cash flow or a homeowner wanting room to grow, this property delivers. Conveniently located near downtown, major roadways, and local amenities, this home sits in an area seeing continued growth and development-adding to its long-term upside. Don't miss your chance to own a turnkey, high-capacity home in a growing Indianapolis market. Bedroom and Living room are virtually staged.
Estimated monthly payment
Based on current rates
$1,566/month
Principal & Interest$1,232
Property Tax$250
Insurance$83
Down payment20% ($50,000)
3%50%
Est. 6.26% rate · 30yr fixed · $200,000 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1930
HeatingZoned
CoolingCentral Air
ParkingNo Data
Lot5,227 sqft
Days on Zillow20 Days
Price/sqft$154
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleRanch
Year built1930
Stories1
Systems
HeatingZoned
CoolingCentral Air
ConstructionVinyl Siding, Vinyl With Stone, Brick
Water / SewerPublic
Parking & Outdoor
Lot5,227 sqft
Location & Tax
NeighborhoodNear NW-Riverside
Annual tax$1,888
Parcel490622102064000101
Bathrooms & Fees
Full baths2
Features & details
5 categories of property features
Interior Features
Interior
Attic Access
Ceiling Fan(s)
Appliances
Microwave
Electric Oven
Refrigerator
Water Heater
Heating
Zoned
Cooling
Central Air
Exterior Features
Construction
Vinyl Siding
Vinyl With Stone
Brick
Room details
7 rooms detailed
Master Bedroom
MainBedroom2
MainBedroom3
MainBedroom4
MainBedroom5
MainBedroom6
MainListing insights
Market data and value estimates
StatusFor Sale
Days on market20
Tax rate0.96%
Price/sqft$154
On marketMar 18, 2026
PostedMar 18, 2026
Last sold$190,000
MLS statusActive
MLS updatedMar 18, 2026
Tour days9
Views483
Favorites8
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46208
Price history
5 events
DateEventPrice$/sqftSource
Mar 18, 2026Listed For Sale$250,000$154MIBOR as distributed by MLS GRID
Feb 20, 2026Listing Removed$275,000$169MIBOR as distributed by MLS GRID
Nov 18, 2025Listed For Sale$275,000$169MIBOR as distributed by MLS GRID
Apr 23, 2024Sold$190,000$117Public Record
Jun 2, 2023Sold$60,000$37Public Record
Listed For Sale$250,000
Mar 18, 2026•$154/sqft•MIBOR as distributed by MLS GRID
Listing Removed$275,000
Feb 20, 2026•$169/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$275,000
Nov 18, 2025•$169/sqft•MIBOR as distributed by MLS GRID
Sold$190,000
Apr 23, 2024•$117/sqft•Public Record
Sold$60,000
Jun 2, 2023•$37/sqft•Public Record
Tax history
16 years of records
YearTax paidAssessed value
Apr 8, 2024$2,206$79,600
Apr 8, 2023$1,912$93,000
Apr 8, 2022$909$81,000
Apr 8, 2021$926$39,400
Apr 8, 2020$812$40,000
Apr 8, 2019$772$34,400
Apr 8, 2018$616$32,400
Apr 8, 2017$925$26,000
Apr 8, 2016$529$26,000
Apr 8, 2014$502$23,200
Apr 8, 2013$514$23,200
Apr 8, 2012$514$22,900
Apr 8, 2011—$29,200
Apr 8, 2010$612$29,200
Apr 8, 2009$627$29,200
Apr 8, 2007—$31,600
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 10:02:53 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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