For Sale12d on market
4002 N Catherwood Ave
Indianapolis, IN, 46226 • Devington • Marion County
$129,900
$132/sqft
Down payment assistance available
4Beds
1Baths
984Sqft
0.16 acLot
1957Built
Property DNA
Bungalow Style
Built 1957 · 69 years of history
Sheridan Heights
Devington
This home is getting attention
Listed 12 days ago · 797 views · 32 saves
Market activity
Demand and pricing signals for this listing
797 views
People checking out this listing
32 saves
Buyers have saved this home
12 days on market
Recently listed
$132/sqft
Price per square foot
About this home
Single Family · Built 1957
Investment opportunity offering strong, reliable cash flow! This 4-bedroom, 1-bath home with a carport is currently occupied by a Section 8 tenant paying $2,126 per month, with a lease in place through 01/01/2027. The long-term lease provides immediate and consistent income, while Section 8 backing adds an additional layer of stability for investors. With solid rental performance and minimal management needed, this property is an excellent addition to any portfolio seeking dependable returns.
Estimated monthly payment
Based on current rates
$856/month
Principal & Interest$683
Property Tax$130
Insurance$43
Down payment20% ($25,980)
3%50%
Est. 6.88% rate · 30yr fixed · $103,920 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1957
HeatingForced Air, Natural Gas
CoolingNone
ParkingCarport
Lot6,969 sqft
Days on Zillow12 Days
Price/sqft$132
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleBungalow
Year built1957
Stories1
Systems
HeatingForced Air, Natural Gas
CoolingNone
ConstructionVinyl Siding, Brick
Water / SewerPublic
Parking & Outdoor
ParkingCarport, Attached
Lot6,969 sqft
Location & Tax
NeighborhoodDevington
Annual tax$2,020
Parcel490714108209000401
Bathrooms & Fees
Full baths1
Features & details
6 categories of property features
Interior Features
Interior
Attic Access
Appliances
Electric Oven
Refrigerator
Heating
Forced Air
Natural Gas
Cooling
None
Exterior Features
Parking
Carport
Attached
Construction
Vinyl Siding
Brick
Room details
6 rooms detailed
Master Bedroom
Main10×10 ft100 sqft
Bedroom2
Main10×8 ft80 sqft
Bedroom3
Main8×10 ft80 sqft
Bedroom4
Main8×10 ft80 sqft
Kitchen
Main8×16 ft128 sqft
Living Room
Main10×16 ft160 sqft
Listing insights
Market data and value estimates
StatusFor Sale
Days on market12
Tax rate0.96%
Price/sqft$132
On marketMar 27, 2026
PostedMar 27, 2026
Last sold$108,120
MLS statusActive
MLS updatedMar 27, 2026
Tour days9
Views797
Favorites32
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46226
Price history
27 events
DateEventPrice$/sqftSource
Mar 27, 2026Listed For Sale$129,900$132MIBOR as distributed by MLS GRID
Oct 28, 2023Listing Removed——Zillow Rentals
Oct 27, 2023Sold$108,120$110MIBOR as distributed by MLS GRID
Sep 27, 2023Listed For Rent$2,126$2Zillow Rentals
Sep 14, 2023Pending Sale$105,000$107MIBOR as distributed by MLS GRID
Sep 12, 2023Listed For Sale$105,000$107MIBOR as distributed by MLS GRID
Sep 5, 2023Pending Sale$105,000$107MIBOR as distributed by MLS GRID
Sep 1, 2023Listed For Sale$105,000$107MIBOR as distributed by MLS GRID
Aug 31, 2023Listing Removed——MIBOR as distributed by MLS GRID
Aug 29, 2023Listed For Sale$105,000$107MIBOR as distributed by MLS GRID
Aug 27, 2023Listing Removed——Zillow Rentals
Aug 25, 2023Listed For Rent$750$1Zillow Rentals
Apr 22, 2020Sold$78,275$80Public Record
Mar 21, 2020Listing Removed$750$1Alpine Leasing
Mar 2, 2020Listed For Rent$750$1Alpine Leasing, LLC
Jan 6, 2020Sold$34,000$35Public Record
Nov 20, 2019Price Change$47,769$49Auction.com
Nov 18, 2019Price Change$47,761$49Auction.com
Nov 13, 2019Price Change$47,725$49Auction.com
Nov 10, 2019Price Change$47,642$48Auction.com
Nov 8, 2019Price Change$47,646$48Auction.com
Nov 6, 2019Price Change$47,599$48Auction.com
Nov 4, 2019Price Change$47,542$48Auction.com
Nov 3, 2019Price Change$47,533$48Auction.com
Nov 1, 2019Price Change$47,499$48Auction.com
Oct 30, 2019Price Change$48,107$49Auction.com
Oct 27, 2019Listed For Sale$48,105$49Auction.com
Listed For Sale$129,900
Mar 27, 2026•$132/sqft•MIBOR as distributed by MLS GRID
Listing Removed—
Oct 28, 2023•Zillow Rentals
Sold$108,120
Oct 27, 2023•$110/sqft•MIBOR as distributed by MLS GRID
Listed For Rent$2,126
Sep 27, 2023•$2/sqft•Zillow Rentals
Pending Sale$105,000
Sep 14, 2023•$107/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$105,000
Sep 12, 2023•$107/sqft•MIBOR as distributed by MLS GRID
Pending Sale$105,000
Sep 5, 2023•$107/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$105,000
Sep 1, 2023•$107/sqft•MIBOR as distributed by MLS GRID
Listing Removed—
Aug 31, 2023•MIBOR as distributed by MLS GRID
Listed For Sale$105,000
Aug 29, 2023•$107/sqft•MIBOR as distributed by MLS GRID
Listing Removed—
Aug 27, 2023•Zillow Rentals
Listed For Rent$750
Aug 25, 2023•$1/sqft•Zillow Rentals
Sold$78,275
Apr 22, 2020•$80/sqft•Public Record
Listing Removed$750
Mar 21, 2020•$1/sqft•Alpine Leasing
Listed For Rent$750
Mar 2, 2020•$1/sqft•Alpine Leasing, LLC
Sold$34,000
Jan 6, 2020•$35/sqft•Public Record
Price Change$47,769
Nov 20, 2019•$49/sqft•Auction.com
Price Change$47,761
Nov 18, 2019•$49/sqft•Auction.com
Price Change$47,725
Nov 13, 2019•$49/sqft•Auction.com
Price Change$47,642
Nov 10, 2019•$48/sqft•Auction.com
Price Change$47,646
Nov 8, 2019•$48/sqft•Auction.com
Price Change$47,599
Nov 6, 2019•$48/sqft•Auction.com
Price Change$47,542
Nov 4, 2019•$48/sqft•Auction.com
Price Change$47,533
Nov 3, 2019•$48/sqft•Auction.com
Price Change$47,499
Nov 1, 2019•$48/sqft•Auction.com
Price Change$48,107
Oct 30, 2019•$49/sqft•Auction.com
Listed For Sale$48,105
Oct 27, 2019•$49/sqft•Auction.com
Tax history
23 years of records
YearTax paidAssessed value
Apr 8, 2024$1,895$85,200
Apr 8, 2023$1,686$79,900
Apr 8, 2022$1,458$71,400
Apr 8, 2021$1,359$63,200
Apr 8, 2020$323$58,700
Apr 8, 2019$278$54,400
Apr 8, 2018$262$47,400
Apr 8, 2017$285$45,400
Apr 8, 2016$234$44,200
Apr 8, 2014$215$41,500
Apr 8, 2013$362$45,300
Apr 8, 2012$362$55,500
Apr 8, 2011—$52,000
Apr 8, 2010$310$52,000
Apr 8, 2009$286$53,200
Apr 8, 2007—$55,900
Apr 8, 2006—$55,100
Apr 8, 2005—$44,700
Apr 8, 2004—$44,700
Apr 8, 2003—$44,700
Apr 8, 2002—$22,800
Apr 8, 2001—$7,600
Apr 8, 2000—$7,600
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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