Sold301d on market
3014 Alice Ave
Indianapolis, IN, 46237 • University Heights • Marion County
$104,500
$144/sqft
2Beds
1Baths
728Sqft
0.36 acLot
1942Built
Property DNA
Bungalow Style
Built 1942 · 84 years of history
No Subdivision
University Heights
1-Car Garage
Detached
Market activity
Demand and pricing signals for this listing
4 views
People checking out this listing
301 days on market
Established listing
$144/sqft
Price per square foot
About this home
Single Family · Built 1942
Investor-ready or perfect for a first-time buyer. This 2-bedroom, 1-bath home is currently tenant-occupied with a month-to-month lease at $1,200/month, offering immediate cash flow. With solid updates and strong rental income, this property is a great addition to any portfolio. Seller is open to lease options, seller financing, FHA, and conventional buyers-making this a flexible and accessible opportunity. Available individually or as part of a larger portfolio on Alice Ave.
Estimated monthly payment
Based on current rates
$682/month
Principal & Interest$542
Property Tax$105
Insurance$35
Down payment20% ($20,900)
3%50%
Est. 6.75% rate · 30yr fixed · $83,600 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1942
HeatingForced Air, Natural Gas
CoolingWindow Unit(s)
Parking1 Garage space
Lot0.36 Acres
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleBungalow
Year built1942
Stories1
Systems
HeatingForced Air, Natural Gas
CoolingWindow Unit(s)
ConstructionAluminum Siding
Water / SewerMunicipal/City
Parking & Outdoor
ParkingDetached
Garage1 spaces
Lot0.36 Acres
Location & Tax
NeighborhoodUniversity Heights
Annual tax$2,360
Parcel491029106014000574
Bathrooms & Fees
Full baths1
Features & details
6 categories of property features
Interior Features
Interior
Eat-in Kitchen
Appliances
Gas Oven
Heating
Forced Air
Natural Gas
Cooling
Window Unit(s)
Exterior Features
Parking
Detached
Construction
Aluminum Siding
Room details
5 rooms detailed
Master Bedroom
Main12×12 ft144 sqft
Other
Bedroom2
Main12×12 ft144 sqft
Other
Dining Room
Main12×10 ft120 sqft
Other
Kitchen
Main12×15 ft180 sqft
Other
Living Room
Main12×15 ft180 sqft
Other
Listing insights
Market data and value estimates
StatusSold
Days on market301
Est. value$115,900
Est. rent$1,341/mo
Tax rate0.96%
Price/sqft$144
On marketMar 18, 2025
PostedMar 18, 2025
Last sold$104,500
MLS statusSold
MLS updatedJun 12, 2025
Tour days6
Views4
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46237
Price history
10 events
DateEventPrice$/sqftSource
Aug 2, 2025Listing Removed$1,149$2Zillow Rentals
Jul 22, 2025Listed For Rent$1,149$2Zillow Rentals
Jun 11, 2025Sold$104,500$144MIBOR as distributed by MLS GRID
May 9, 2025Pending Sale$126,900$174MIBOR as distributed by MLS GRID
Mar 18, 2025Listed For Sale$126,900$174MIBOR as distributed by MLS GRID
Jan 14, 2023Listing Removed——MIBOR as distributed by MLS GRID
Dec 7, 2022Listed For Rent$1,025$1MIBOR as distributed by MLS GRID
Apr 22, 2022Listing Removed——Zillow Rental Manager
Apr 14, 2022Price Change$1,125$2Zillow Rental Manager
Mar 15, 2022Listed For Rent$1,200$2Zillow Rental Manager
Listing Removed$1,149
Aug 2, 2025•$2/sqft•Zillow Rentals
Listed For Rent$1,149
Jul 22, 2025•$2/sqft•Zillow Rentals
Sold$104,500
Jun 11, 2025•$144/sqft•MIBOR as distributed by MLS GRID
Pending Sale$126,900
May 9, 2025•$174/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$126,900
Mar 18, 2025•$174/sqft•MIBOR as distributed by MLS GRID
Listing Removed—
Jan 14, 2023•MIBOR as distributed by MLS GRID
Listed For Rent$1,025
Dec 7, 2022•$1/sqft•MIBOR as distributed by MLS GRID
Listing Removed—
Apr 22, 2022•Zillow Rental Manager
Price Change$1,125
Apr 14, 2022•$2/sqft•Zillow Rental Manager
Listed For Rent$1,200
Mar 15, 2022•$2/sqft•Zillow Rental Manager
Tax history
16 years of records
YearTax paidAssessed value
Apr 9, 2024$2,360$96,800
Apr 9, 2023$2,189$92,800
Apr 9, 2022$2,086$85,600
Apr 9, 2021$1,935$80,400
Apr 9, 2020$1,660$74,100
Apr 9, 2019$1,614$63,200
Apr 9, 2018$1,638$62,100
Apr 9, 2017$1,645$61,700
Apr 9, 2016$1,524$60,200
Apr 9, 2014$1,431$59,000
Apr 9, 2013$1,477$59,000
Apr 9, 2012$1,477$60,500
Apr 9, 2011—$56,200
Apr 9, 2010$1,124$56,200
Apr 9, 2009$1,124$56,200
Apr 9, 2007—$55,300
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 17:33:00 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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