For Sale31d on market
2721 Palo Verde Ct
Indianapolis, IN, 46227 • South Perry • Marion County
$125,000
$81/sqft
Down payment assistance available
3Beds
2Baths
1,544Sqft
0.02 acLot
1978Built
Property DNA
Tile Floors
Quality flooring throughout
This home is getting attention
Listed 31 days ago · 1,300 views · 56 saves
Market activity
Demand and pricing signals for this listing
1,300 views
People checking out this listing
56 saves
Buyers have saved this home
31 days on market
Established listing
$81/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 14% 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
Condo · Built 1978
This beautifully updated second-floor condo is a rare find, offering 3 bedrooms, 2 full baths, an office, and an open, comfortable layout perfect for everyday living or entertaining. Recent renovations include new living room flooring, kitchen updates, and new water heater and air conditioner, providing peace of mind and modern convenience. The private one-car garage features a newly installed automatic opener. The primary bedroom includes a generous walk-in closet and a private en suite bath. An enclosed patio extends your living space, ideal for gatherings or relaxing evenings, with convenient pass-through access to the kitchen and breezeway entry to the expansive living room. Residents enjoy access to a large community swimming pool and a children’s playground. The condo association covers roof maintenance, water, sewer, and snow removal, making this a low-maintenance, high-comfort home, all for just $285/mo. This home is conveniently located close to a variety of dining and shopping venues, including Greenwood Park Mall.
Standout features identified
Our analysis highlights private one-car garage, open comfortable layout, and private en suite bath as key attractions of this home.
Estimated monthly payment
Based on current rates
$824/month
Principal & Interest$657
Property Tax$125
Insurance$42
Down payment20% ($25,000)
3%50%
Est. 6.88% rate · 30yr fixed · $100,000 loan
Full calculator →At a glance
Key facts and listing details
TypeCondo
Year Built1978
HeatingForced air, Electric
CoolingCentral, Other
Parking1 Parking space
Days on Zillow31 Days
Price/sqft$81
Property
Home typeCondo
Year built1978
Systems
HeatingForced air, Electric
CoolingCentral, Other
RoofAsphalt
ConstructionOther
Parking & Outdoor
ParkingGarage - Detached, Off-street
BasementNone
Lot871 sqft
Location & Tax
NeighborhoodSouth Perry
Annual tax$1,175
Parcel491520104199000500
Bathrooms & Fees
Full baths2
Features & details
6 categories of property features
Interior Features
Appliances
Dishwasher
Dryer
Garbage disposal
Range / Oven
Refrigerator
Washer
Flooring
Tile
Laminate
Heating
Forced air
Electric
Cooling
Central
Other
Exterior Features
Parking
Garage - Detached
Off-street
Construction
Other
Room details
6 rooms detailed
Walk In Closet
Dining Room
Laundry Room
Master Bath
Office
Pantry
Listing insights
Market data and value estimates
StatusFor Sale
Days on market31
Est. rent$1,360/mo
Tax rate0.96%
Price/sqft$81
On marketMar 8, 2026
PostedMar 8, 2026
Last sold$42,000
Tour days6
Views1,300
Favorites56
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46227
Price history
16 events
DateEventPrice$/sqftSource
Mar 8, 2026Listed For Sale$125,000$81Owner
Mar 4, 2025Listing Removed$1,450$1Zillow Rentals
Feb 20, 2025Listed For Rent$1,450$1Zillow Rentals
Jul 10, 2022Listing Removed——Zillow Rental Manager
Jun 9, 2022Listed For Rent$1,150$1Zillow Rental Manager
Mar 24, 2021Listing Removed——Owner
May 31, 2017Listing Removed$850$1Owner
May 1, 2017Listed For Rent$850$1Owner
Apr 7, 2017Sold$42,000$27MIBOR as distributed by MLS GRID
Mar 29, 2017Pending Sale$46,290$30Carpenter Realtors, Inc.
Feb 22, 2017Price Change$46,290$30South Meridian
Jan 18, 2017Price Change$48,735$32South Meridian
Dec 6, 2016Price Change$51,300$33South Meridian
Nov 15, 2016Price Change$54,000$35South Meridian
Sep 28, 2016Price Change$57,900$38South Meridian
Aug 9, 2016Listed For Sale$62,900$41Carpenter, REALTORS
Listed For Sale$125,000
Mar 8, 2026•$81/sqft•Owner
Listing Removed$1,450
Mar 4, 2025•$1/sqft•Zillow Rentals
Listed For Rent$1,450
Feb 20, 2025•$1/sqft•Zillow Rentals
Listing Removed—
Jul 10, 2022•Zillow Rental Manager
Listed For Rent$1,150
Jun 9, 2022•$1/sqft•Zillow Rental Manager
Listing Removed—
Mar 24, 2021•Owner
Listing Removed$850
May 31, 2017•$1/sqft•Owner
Listed For Rent$850
May 1, 2017•$1/sqft•Owner
Sold$42,000
Apr 7, 2017•$27/sqft•MIBOR as distributed by MLS GRID
Pending Sale$46,290
Mar 29, 2017•$30/sqft•Carpenter Realtors, Inc.
Price Change$46,290
Feb 22, 2017•$30/sqft•South Meridian
Price Change$48,735
Jan 18, 2017•$32/sqft•South Meridian
Price Change$51,300
Dec 6, 2016•$33/sqft•South Meridian
Price Change$54,000
Nov 15, 2016•$35/sqft•South Meridian
Price Change$57,900
Sep 28, 2016•$38/sqft•South Meridian
Listed For Sale$62,900
Aug 9, 2016•$41/sqft•Carpenter, REALTORS
Tax history
21 years of records
YearTax paidAssessed value
Apr 8, 2024$1,175$118,900
Apr 8, 2023$1,095$119,400
Apr 8, 2022$626$106,100
Apr 8, 2021$548$77,100
Apr 8, 2020$514$70,000
Apr 8, 2019$420$65,600
Apr 8, 2018$510$53,100
Apr 8, 2017$2,763$60,600
Apr 8, 2016$1,258$51,100
Apr 8, 2014$1,380$56,900
Apr 8, 2013$1,363$56,900
Apr 8, 2012$1,363$55,800
Apr 8, 2011—$59,500
Apr 8, 2010$1,252$62,600
Apr 8, 2009$1,252$62,600
Apr 8, 2007—$67,000
Apr 8, 2006—$66,900
Apr 8, 2005—$66,900
Apr 8, 2004—$66,900
Apr 8, 2003—$66,900
Apr 8, 2002—$36,600
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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