For Sale138d on market
7601 Milhouse Rd
Indianapolis, IN, 46241 • Ameriplex • Marion County
$250,000
$176/sqft
Down payment assistance available
1Beds
2Baths
1,424Sqft
0.97 acLot
1977Built
Property DNA
Ranch Style
Built 1977 · 49 years of history
No Subdivision
Ameriplex
Outdoor Living
Covered
Special Features
Barn Mini · Storage
2-Car Garage
Attached · Asphalt · Gated · Guest · Workshop in Garage
This home is getting attention
Listed 138 days ago · 737 views · 28 saves
Market activity
Demand and pricing signals for this listing
737 views
People checking out this listing
28 saves
Buyers have saved this home
138 days on market
Established listing
$176/sqft
Price per square foot
About this home
Single Family · Built 1977
Unique opportunity to own a versatile property with both residential and commercial potential. This home has long served as the maintenance office for an Ameriplex maintenance and offers a flexible layout ready for a variety of uses. The property includes an attached 1-car garage, a detached 3-car garage, and an additional storage shed, providing ample space for vehicles, tools, and equipment. Set on a convenient and accessible site, the structure could easily transition back to a private residence, continue as a support facility, or be repurposed for small-business operations. With its solid construction and generous storage, this property combines practicality with potential-perfect for tradespeople, small contractors, or investors seeking adaptable space in a prime location.
Standout features identified
Our analysis highlights generous storage and convenient and accessible site as key attractions of this home.
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 Built1977
HeatingForced Air
CoolingWindow Unit(s)
Parking2 Attached Garage spaces
Lot0.97 Acres
Days on Zillow138 Days
Price/sqft$176
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleRanch
Year built1977
Stories1
Systems
HeatingForced Air
CoolingWindow Unit(s)
ConstructionBrick
Water / SewerPrivate
Parking & Outdoor
ParkingAttached, Asphalt, Gated, Guest, Workshop in Garage
Garage2 spaces
FencingFenced,Full,Gate
Lot0.97 Acres
Location & Tax
NeighborhoodAmeriplex
Annual tax$5,160
Parcel491310106008000200
Features & details
9 categories of property features
Interior Features
Interior
High Speed Internet
Appliances
Gas Water Heater
Microwave
Refrigerator
Water Purifier
Heating
Forced Air
Cooling
Window Unit(s)
Exterior Features
Exterior
Storage
Parking
Attached
Asphalt
Gated
Guest
Workshop in Garage
Construction
Brick
Patio & Porch
Covered
Other Structures
Barn Mini
Storage
Room details
6 rooms detailed
Master Bedroom
Main12×10 ft120 sqft
Kitchen
Main11×10 ft110 sqft
Other
Living Room
Main17×13 ft221 sqft
Office
Main10×10 ft100 sqft
Office
Main11×9 ft99 sqft
Office
Main12×11 ft132 sqft
Listing insights
Market data and value estimates
StatusFor Sale
Days on market138
Tax rate0.96%
Price/sqft$176
On marketNov 20, 2025
PostedNov 20, 2025
MLS statusActive
MLS updatedNov 22, 2025
Tour days9
Views737
Favorites28
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46241
Price history
1 event
DateEventPrice$/sqftSource
Nov 20, 2025Listed For Sale$250,000$176MIBOR as distributed by MLS GRID
Listed For Sale$250,000
Nov 20, 2025•$176/sqft•MIBOR as distributed by MLS GRID
Tax history
23 years of records
YearTax paidAssessed value
Apr 8, 2024$4,721$230,900
Apr 8, 2023$4,616$206,200
Apr 8, 2022$3,924$201,300
Apr 8, 2021$3,309$167,200
Apr 8, 2020$3,355$142,100
Apr 8, 2019$3,092$142,800
Apr 8, 2018$2,969$133,100
Apr 8, 2017$3,326$125,600
Apr 8, 2016$3,127$134,300
Apr 8, 2014$2,967$127,200
Apr 8, 2013$1,355$127,200
Apr 8, 2012$1,355$124,500
Apr 8, 2011—$118,300
Apr 8, 2010$1,304$120,000
Apr 8, 2009$1,328$122,200
Apr 8, 2007—$133,700
Apr 8, 2006—$134,600
Apr 8, 2005—$113,200
Apr 8, 2004—$113,200
Apr 8, 2003—$113,200
Apr 8, 2002—$61,800
Apr 8, 2001—$20,600
Apr 8, 2000—$20,600
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 04:57:57 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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