For Rent99d on market
2854 Merts Dr
Indianapolis, IN, 46237 • University Heights • Marion County
$2,495/mo
$2/sqft
4Beds
1Baths
1,200Sqft
1972Built
Property DNA
Hardwood Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
105 views
People checking out this listing
3 saves
Buyers have saved this home
99 days on market
Established listing
$2/sqft
Price per square foot
About this home
Single Family · Built 1972
Spacious 4-Bedroom Single-Family Home with a Large Fenced Yard on the Southeast Side! Shed for Storage. NO Application Fees!Large Fenced yard for your kids or pet to play! Shed for Storage! Private Driveway. Cozy Front Porch. New paint inside. Fridge and Stove included. Washer/Dryer hookups. Pets OKAY! Section 8 Vouchers gladly accepted: DO need a 4 bedroom voucher. NO application fees! We are willing to work with you on the security deposit. Less than great credit/income is totally okay, as we welcome applicants who are ready for a fresh start or need a second chance.
Standout features identified
Our analysis highlights large fenced yard, private driveway, and cozy front porch as key attractions of this home.
Estimated monthly payment
Based on current rates
$16/month
Principal & Interest$13
Property Tax$2
Insurance$1
Down payment20% ($499)
3%50%
Est. 6.75% rate · 30yr fixed · $1,996 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
CoolingCentral Air
PetsCats, Dogs, Small Dogs
Parking1 Parking space
Deposit & fees$1,995
One-time fees$1,995
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1972
Systems
CoolingCentral Air
Parking & Outdoor
FencingFenced Yard
Location & Tax
NeighborhoodUniversity Heights
Annual tax$2,851
Parcel491029101005000574
Bathrooms & Fees
Full baths1
Features & details
3 categories of property features
Interior Features
Flooring
Hardwood
Cooling
Central Air
Exterior Features
Exterior
Balcony
Fresh paint
Renovated
Unfurnished
Listing insights
Market data and value estimates
StatusFor Rent
Days on market99
Est. rent$2,049/mo
Tax rate0.96%
Price/sqft$2
On marketDec 30, 2025
PostedDec 30, 2025
Last sold$135,000
MLS updatedMar 27, 2026
Tour days6
Views105
Favorites3
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46237
Price history
14 events
DateEventPrice$/sqftSource
Jan 8, 2026Price Change$2,495$2Zillow Rentals
Dec 30, 2025Listed For Rent$2,195$2Zillow Rentals
Dec 15, 2025Sold$135,000$113MIBOR as distributed by MLS GRID
Oct 21, 2025Pending Sale$135,000$113MIBOR as distributed by MLS GRID
Sep 17, 2025Price Change$135,000$113MIBOR as distributed by MLS GRID
Sep 5, 2025Pending Sale$165,000$138MIBOR as distributed by MLS GRID
Sep 2, 2025Price Change$165,000$138MIBOR as distributed by MLS GRID
Aug 13, 2025Listed For Sale$185,000$154MIBOR as distributed by MLS GRID
Apr 19, 2017Listing Removed$1,095$1Barron Properties
Mar 7, 2017Listed For Rent$1,095$1Barron Properties
Jul 15, 2016Sold$45,000$38MIBOR as distributed by MLS GRID
May 25, 2016Pending Sale$45,000$38The Grove Brokerage LLC
May 18, 2016Listed For Sale$45,000$38The Grove Brokerage LLC
Apr 7, 2016Sold$38,000$32Public Record
Price Change$2,495
Jan 8, 2026•$2/sqft•Zillow Rentals
Listed For Rent$2,195
Dec 30, 2025•$2/sqft•Zillow Rentals
Sold$135,000
Dec 15, 2025•$113/sqft•MIBOR as distributed by MLS GRID
Pending Sale$135,000
Oct 21, 2025•$113/sqft•MIBOR as distributed by MLS GRID
Price Change$135,000
Sep 17, 2025•$113/sqft•MIBOR as distributed by MLS GRID
Pending Sale$165,000
Sep 5, 2025•$138/sqft•MIBOR as distributed by MLS GRID
Price Change$165,000
Sep 2, 2025•$138/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$185,000
Aug 13, 2025•$154/sqft•MIBOR as distributed by MLS GRID
Listing Removed$1,095
Apr 19, 2017•$1/sqft•Barron Properties
Listed For Rent$1,095
Mar 7, 2017•$1/sqft•Barron Properties
Sold$45,000
Jul 15, 2016•$38/sqft•MIBOR as distributed by MLS GRID
Pending Sale$45,000
May 25, 2016•$38/sqft•The Grove Brokerage LLC
Listed For Sale$45,000
May 18, 2016•$38/sqft•The Grove Brokerage LLC
Sold$38,000
Apr 7, 2016•$32/sqft•Public Record
Tax history
23 years of records
YearTax paidAssessed value
Apr 9, 2024$2,851$117,400
Apr 9, 2023$2,785$112,100
Apr 9, 2022$2,227$108,900
Apr 9, 2021$2,043$85,800
Apr 9, 2020$1,919$78,200
Apr 9, 2019$1,777$73,000
Apr 9, 2018$1,903$68,300
Apr 9, 2017$164$71,800
Apr 9, 2016$81$70,000
Apr 9, 2014$58$66,800
Apr 9, 2013$69$66,800
Apr 9, 2012$69$67,100
Apr 9, 2011—$68,800
Apr 9, 2010$73$68,800
Apr 9, 2009$58$68,800
Apr 9, 2007—$68,800
Apr 9, 2006—$68,800
Apr 9, 2005—$68,800
Apr 9, 2004—$68,800
Apr 9, 2003—$68,800
Apr 9, 2002—$33,100
Apr 9, 2001—$11,030
Apr 9, 2000—$11,030
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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