Investor Special with Incredible Potential! Located in Sheridan Heights, this 3-bedroom home offers approximately 2,280 square feet of living space and is ready for your vision. With great bones, unique architectural features, and a spacious layout, this property presents an excellent opportunity for investors, flippers, or buyers looking to build equity through renovation. The home features a large living area with dramatic vaulted ceilings and exposed beams, creating a standout architectural focal point rarely found at this price point. The floor plan offers multiple living spaces, generously sized bedrooms, and a lower-level area that could easily be transformed into additional living or entertainment space. Outside, the property sits on a mature lot with an attached garage and plenty of yard space. With comparable renovated homes in the area selling for significantly more, this property offers strong upside potential for the right buyer. Bring your contractor and imagination - this is a prime value-add opportunity on Indianapolis' northeast side.
Active
$150,000
4062 N Webster Ave, Indianapolis, IN 46226
3beds
2,280sqft
Est.:
Residential, Single Family Residence
Built in 1957
6,969.6 Square Feet Lot
$-- Zestimate®
$66/sqft
$-- HOA
What's special
- 5 hours |
- 49 |
- 5 |
Zillow last checked:
Listing updated:
Listing Provided by:
Nathan Smith 317-800-4758,
Highgarden Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22096057
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 156 Square Feet
- Dimensions: 13x12
Bedroom 2
- Level: Upper
- Area: 132 Square Feet
- Dimensions: 12x11
Bedroom 3
- Level: Upper
- Area: 110 Square Feet
- Dimensions: 11x10
Dining room
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Kitchen
- Level: Main
- Area: 132 Square Feet
- Dimensions: 11x12
Laundry
- Level: Main
- Area: 64 Square Feet
- Dimensions: 8x8
Living room
- Level: Main
- Area: 405 Square Feet
- Dimensions: 15x27
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Electric Cooktop, Gas Water Heater
Features
- Attic Access
- Basement: Finished
- Attic: Access Only
Interior area
- Total structure area: 2,280
- Total interior livable area: 2,280 sqft
- Finished area below ground: 600
Property
Parking
- Total spaces: 1
- Parking features: Attached, Concrete
- Attached garage spaces: 1
Features
- Levels: One and One Half
- Stories: 1
Lot
- Size: 6,969.6 Square Feet
Details
- Parcel number: 490714108086000401
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Residential, Single Family Residence
- Attached to another structure: Yes
Materials
- Brick, Wood Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1957
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Sheridan Heights
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $66/sqft
- Tax assessed value: $81,000
- Annual tax amount: $1,922
- Date on market: 4/17/2026
- Cumulative days on market: 1 day
Estimated market value
Not available
Estimated sales range
Not available
$1,499/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Listed for sale | $150,000+689.5%$66/sqft |
Source: | ||
| 10/4/2018 | Listing removed | $850 |
Source: Brooks Real Estate Services #21597400 Report a problem | ||
| 9/25/2018 | Listed for rent | $850-5.6% |
Source: Brooks Real Estate Services #21597400 Report a problem | ||
| 1/17/2018 | Listing removed | $900 |
Source: Brooks Real Estate Services #21530196 Report a problem | ||
| 1/4/2018 | Listed for rent | $900 |
Source: Brooks Real Estate Services #21530196 Report a problem | ||
| 5/28/2010 | Sold | $19,000-24%$8/sqft |
Source: | ||
| 8/1/2009 | Listing removed | $25,000$11/sqft |
Source: Atlantis Realty Group Inc. #2924394 Report a problem | ||
| 7/11/2009 | Listed for sale | $25,000$11/sqft |
Source: Atlantis Realty Group Inc. #2924394 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,803 +12.3% | $81,000 +6.6% |
| 2023 | $1,605 +15% | $76,000 +11.8% |
| 2022 | $1,396 +6.9% | $68,000 +12.4% |
| 2021 | $1,306 +5.8% | $60,500 +7.3% |
| 2020 | $1,235 +21.4% | $56,400 +7.8% |
| 2019 | $1,017 -1% | $52,300 +14.2% |
| 2018 | $1,028 +1.3% | $45,800 -2.3% |
| 2017 | $1,014 +3.5% | $46,900 +2.2% |
| 2016 | $980 +17.1% | $45,900 +6% |
| 2014 | $837 -49.1% | $43,300 -27% |
| 2013 | $1,644 | $59,300 -19.1% |
| 2012 | $1,644 | $73,300 +7.3% |
| 2011 | -- | $68,300 |
| 2010 | $524 +9% | $68,300 -2.3% |
| 2009 | $481 | $69,900 -5.2% |
| 2007 | -- | $73,700 +1.5% |
| 2006 | -- | $72,600 +25% |
| 2005 | -- | $58,100 |
| 2004 | -- | $58,100 |
| 2003 | -- | $58,100 +95.6% |
| 2002 | -- | $29,700 +200% |
| 2001 | -- | $9,900 |
| 2000 | -- | $9,900 |
Find assessor info on the county website
Monthly payment
Est. payment
$902/mo
Principal & interest
$782
Property taxes
$120
More affordability tools
Climate risks
Neighborhood: Devington
Nearby schools
GreatSchools rating
- 6/10Rousseau McClellan School 91Grades: PK-8Distance: 3.5 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 4.9 mi
- 3/10Eliza A. Blaker School 55Grades: PK-8Distance: 4 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Indiana
- Marion County
- Indianapolis
- 46226
- Devington
- 4062 N Webster Ave






