Sold582d on marketHistoric · 102 yrs
1616 Presto Ave
Indianapolis, IN, 46224 • 46224 • Marion County
$239,900
$117/sqft
2Beds
2Baths
2,052Sqft
0.15 acLot
1924Built
Property DNA
Craftsman,Ranch Style
Built 1924 · 102 years of history
Schloss Home Place
46224
Outdoor Living
Covered
1-Car Garage
Detached · Heated · Storage
This home is in high demand
Listed 582 days ago · 6 views · Top 4% likely to sell soon
Market activity
Demand and pricing signals for this listing
6 views
People checking out this listing
582 days on market
Established listing
$117/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 4% 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
Single Family · Built 1924 · Historic
Step into this charming recently renovated Speedway home with a location that makes it a must see. This delightful residence boasts original hardwood floors that exude warmth and character throughout. The kitchen features stainless steel appliances complemented by a brand-new backsplash that adds a contemporary flair. Located just a short stroll from the picturesque Main Street with an abundance of restaurants, making it ideal for those who appreciate both style and convenience. Whether you're relaxing in the inviting living spaces or entertaining on the back deck with a fully fenced in yard and fire pit, this Speedway gem is sure to capture your heart. Don't miss the opportunity to make this beautifully updated home yours in this vibrant and sought-after neighborhood.
Standout features identified
Our analysis highlights fire pit, back deck, and inviting living spaces as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,574/month
Principal & Interest$1,254
Property Tax$240
Insurance$80
Down payment20% ($47,980)
3%50%
Est. 6.82% rate · 30yr fixed · $191,920 loan
Full calculator →At a glance
Key facts and listing details
TypeResidential, Single Family Residence
Year Built1924
HeatingForced Air
Parking1 Garage space
Lot6,534 sqft
Property
Home typeSingle Family
Sub-typeResidential, Single Family Residence
StyleCraftsman,Ranch
Year built1924
Stories1
Systems
HeatingForced Air
ConstructionVinyl With Brick
Water / SewerMunicipal/City
Parking & Outdoor
ParkingDetached, Heated, Storage
Garage1 spaces
FencingFenced
Lot6,534 sqft
Location & Tax
Neighborhood46224
Annual tax$2,498
Parcel490631103124000914
Bathrooms & Fees
Full baths1
Features & details
8 categories of property features
Interior Features
Interior
Attic Access
Breakfast Bar
Appliances
Dryer
Electric Oven
Refrigerator
Washer
Heating
Forced Air
Exterior Features
Exterior
Fire Pit
Parking
Detached
Heated
Storage
Construction
Vinyl With Brick
Patio & Porch
Covered
Lot Features
Mature Trees
Room details
8 rooms detailed
Master Bedroom
Main11×11 ft121 sqft
Hardwood
Bedroom2
Main9×11 ft99 sqft
Hardwood
Bonus Room
Basement9×11 ft99 sqft
Carpet
Dining Room
Main13×14 ft182 sqft
Hardwood
Great Room
Basement10×22 ft220 sqft
Carpet
Kitchen
Main12×15 ft180 sqft
Hardwood
Listing insights
Market data and value estimates
StatusSold
Days on market582
Est. value$258,700
Est. rent$2,066/mo
Tax rate0.96%
Price/sqft$117
On marketJul 12, 2024
PostedJul 12, 2024
Last sold$239,900
MLS statusSold
MLS updatedApr 22, 2025
Tour days6
Views6
How are the schools in Indianapolis?
3 schools rated nearby
Location
Indianapolis, IN, 46224
Price history
13 events
DateEventPrice$/sqftSource
Sep 4, 2024Sold$239,900$117MIBOR as distributed by MLS GRID
Aug 2, 2024Pending Sale$239,900$117MIBOR as distributed by MLS GRID
Jul 30, 2024Price Change$239,900$117MIBOR as distributed by MLS GRID
Jul 18, 2024Price Change$249,900$122MIBOR as distributed by MLS GRID
Jul 12, 2024Listed For Sale$260,000$127MIBOR as distributed by MLS GRID
Jul 2, 2024Listing Removed——Owner
Jun 11, 2024Price Change$250,000$122Owner
May 31, 2024Pending Sale$270,000$132Owner
May 1, 2024Listed For Sale$270,000$132Owner
Jun 17, 2021Sold$1,450,000$707Public Record
Aug 20, 2014Listing Removed$112,500$55F.C. Tucker Company, Inc.
Jul 29, 2014Price Change$112,500$55F.C. Tucker Company, Inc.
Jul 8, 2014Listed For Sale$116,000$57F.C. Tucker Company, Inc.
Sold$239,900
Sep 4, 2024•$117/sqft•MIBOR as distributed by MLS GRID
Pending Sale$239,900
Aug 2, 2024•$117/sqft•MIBOR as distributed by MLS GRID
Price Change$239,900
Jul 30, 2024•$117/sqft•MIBOR as distributed by MLS GRID
Price Change$249,900
Jul 18, 2024•$122/sqft•MIBOR as distributed by MLS GRID
Listed For Sale$260,000
Jul 12, 2024•$127/sqft•MIBOR as distributed by MLS GRID
Listing Removed—
Jul 2, 2024•Owner
Price Change$250,000
Jun 11, 2024•$122/sqft•Owner
Pending Sale$270,000
May 31, 2024•$132/sqft•Owner
Listed For Sale$270,000
May 1, 2024•$132/sqft•Owner
Sold$1,450,000
Jun 17, 2021•$707/sqft•Public Record
Listing Removed$112,500
Aug 20, 2014•$55/sqft•F.C. Tucker Company, Inc.
Price Change$112,500
Jul 29, 2014•$55/sqft•F.C. Tucker Company, Inc.
Listed For Sale$116,000
Jul 8, 2014•$57/sqft•F.C. Tucker Company, Inc.
Tax history
16 years of records
YearTax paidAssessed value
Apr 10, 2024$2,540$209,500
Apr 10, 2023$2,498$205,000
Apr 10, 2022$1,942$197,400
Apr 10, 2021$1,795$155,300
Apr 10, 2020$1,622$145,700
Apr 10, 2019$1,613$132,600
Apr 10, 2018$1,323$131,200
Apr 10, 2017$1,236$117,900
Apr 10, 2016$1,161$111,700
Apr 10, 2014$1,120$105,800
Apr 10, 2013$1,041$101,500
Apr 10, 2012$1,041$101,800
Apr 10, 2011—$97,700
Apr 10, 2010$875$100,000
Apr 10, 2009$677$100,000
Apr 10, 2007—$107,000
Nearby homes
Neighborhood details
Local context around this listing
Indianapolis, IN • Marion County
Nearby cities
Beech GroveCumberlandIndianapolisLawrenceSouthportSpeedway
Nearby zip codes
4622246224
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-09 23:33:17 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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