Sold987d on marketHistoric · 106 yrs
1027 N Elder Ave
Indianapolis, IN, 46222 • Near Westside • Marion County
$60,000
$60/sqft
1Beds
1Baths
1,008Sqft
0.12 acLot
1920Built
Property DNA
Bungalow Style
Built 1920 · 106 years of history
Stouts 10th St
Near Westside
This home is in high demand
Listed 987 days ago · 9 views · Top 6% likely to sell soon
Market activity
Demand and pricing signals for this listing
9 views
People checking out this listing
987 days on market
Established listing
$60/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 6% 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
Introducing an exceptional investment opportunity. This listing features a house with an active lease ($750/mo) in a neighborhood seeing tremendous development. This property is a cash-flow powerhouse. Best part: the extra large living room lends itself to a build out for a second bedroom. Located within a rapidly evolving community, this house holds significant promise (ask your Agent for Supplements). The neighborhood has attracted substantial investments, generating a surge in demand. This listing is tailor-made for investors seeking strategic opportunities. Don't miss this cash-flowing gem in a neighborhood primed for exceptional growth.
Estimated monthly payment
Based on current rates
$391/month
Principal & Interest$311
Property Tax$60
Insurance$20
Down payment20% ($12,000)
3%50%
Est. 6.75% rate · 30yr fixed · $48,000 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1920
HeatingForced Air
ParkingNone
Lot5,227 sqft
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleBungalow
Year built1920
Stories1
Systems
HeatingForced Air
ConstructionVinyl Siding
Water / SewerMunicipal/City
Parking & Outdoor
ParkingNone
Lot5,227 sqft
Location & Tax
NeighborhoodNear Westside
Annual tax$1,188
Parcel490634105022000101
Bathrooms & Fees
Full baths1
Features & details
6 categories of property features
Interior Features
Interior
Eat-in Kitchen
Appliances
None
Gas Water Heater
Heating
Forced Air
Windows
Screens Some
Wood Work Painted
Exterior Features
Parking
None
Construction
Vinyl Siding
Room details
4 rooms detailed
Master Bedroom
Main13×12 ft156 sqft
Other
Other
Main10×15 ft150 sqft
Other
Kitchen
Main11×18 ft198 sqft
Other
Living Room
Main13×14 ft182 sqft
Other
Listing insights
Market data and value estimates
StatusSold
Days on market987
Est. value$73,000
Est. rent$1,035/mo
Tax rate0.96%
Price/sqft$60
On marketJul 14, 2023
PostedJul 14, 2023
Last sold$60,000
MLS statusSold
MLS updatedJul 27, 2023
Tour days6
Views9
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46222
Price history
15 events
DateEventPrice$/sqftSource
Jul 27, 2023Sold$60,000$60MIBOR as distributed by MLS GRID
Jul 17, 2023Pending Sale$55,000$55MIBOR as distributed by MLS GRID
Jul 14, 2023Listed For Sale$55,000$55MIBOR as distributed by MLS GRID
May 11, 2023Listing Removed——Zillow Rentals
May 3, 2023Listed For Rent$750$1Zillow Rentals
Jun 10, 2021Listing Removed——Zillow Rental Network Premium
May 27, 2021Price Change$700$1Zillow Rental Network Premium
Mar 22, 2021Price Change$775$1Zillow Rental Network Premium
Feb 8, 2021Listed For Rent$800$1Zillow Rental Network Premium
Jul 17, 2015Sold$15,000$15Public Record
Feb 27, 2014Sold$8,210$8MIBOR as distributed by MLS GRID
Feb 11, 2014Pending Sale$5,700$6RE/MAX Advanced Realty
Feb 7, 2014Listed For Sale$5,700$6RE/MAX Advanced Realty
Feb 4, 2014Pending Sale$5,700$6RE/MAX Advanced Realty
Jan 23, 2014Listed For Sale$5,700$6Advanced Realty, LLC
Sold$60,000
Jul 27, 2023•$60/sqft•MIBOR as distributed by MLS GRID
Pending Sale$55,000
Jul 17, 2023•$55/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$55,000
Jul 14, 2023•$55/sqft•MIBOR as distributed by MLS GRID
Listing Removed—
May 11, 2023•Zillow Rentals
Listed For Rent$750
May 3, 2023•$1/sqft•Zillow Rentals
Listing Removed—
Jun 10, 2021•Zillow Rental Network Premium
Price Change$700
May 27, 2021•$1/sqft•Zillow Rental Network Premium
Price Change$775
Mar 22, 2021•$1/sqft•Zillow Rental Network Premium
Listed For Rent$800
Feb 8, 2021•$1/sqft•Zillow Rental Network Premium
Sold$15,000
Jul 17, 2015•$15/sqft•Public Record
Sold$8,210
Feb 27, 2014•$8/sqft•MIBOR as distributed by MLS GRID
Pending Sale$5,700
Feb 11, 2014•$6/sqft•RE/MAX Advanced Realty
Listed For Sale$5,700
Feb 7, 2014•$6/sqft•RE/MAX Advanced Realty
Pending Sale$5,700
Feb 4, 2014•$6/sqft•RE/MAX Advanced Realty
Listed For Sale$5,700
Jan 23, 2014•$6/sqft•Advanced Realty, LLC
Tax history
23 years of records
YearTax paidAssessed value
Apr 10, 2024$1,127$64,000
Apr 10, 2023$1,121$47,500
Apr 10, 2022$303$47,500
Apr 10, 2021$197$40,000
Apr 10, 2020$176$26,100
Apr 10, 2019$151$23,000
Apr 10, 2018$151$19,200
Apr 10, 2017$171$17,200
Apr 10, 2016$130$16,900
Apr 10, 2014$123$16,900
Apr 10, 2013$41$16,600
Apr 10, 2012$41$16,400
Apr 10, 2011—$15,400
Apr 10, 2010$30$15,400
Apr 10, 2009$27$15,400
Apr 10, 2007—$16,600
Apr 10, 2006—$17,400
Apr 10, 2005—$19,600
Apr 10, 2004—$19,600
Apr 10, 2003—$19,600
Apr 10, 2002—$6,800
Apr 10, 2001—$2,270
Apr 10, 2000—$2,270
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 18:33:16 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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