An opportunity to revamp a property in a great neighborhood. Change the face, create a floor plan, and add new character to this structure. This supervised estate sale is being sold as is. All offers subject to court approval. Enter through the side door and walk-up short steps to the kitchen. Separate laundry room located off entry to kitchen area. Through the kitchen to the living room area and straight to a hallway to find the two bedrooms and 1 full bathroom. Buyer must exercise due diligence in determining status of plumbing, electrical, heating and cooling systems. May not be connected to city water system.
Active
$40,000
314 E Atlantic St, Indianapolis, IN 46227
2beds
671sqft
Residential, Single Family Residence
Built in 1940
0.37 Acres Lot
$-- Zestimate®
$60/sqft
$-- HOA
What's special
Two bedrooms
- 8 days
- 498
- 34
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Tamara Harper tharper@callcarpenter.com,
Carpenter, REALTORS®
Source: MIBOR as distributed by MLS GRID,MLS#: 22134657
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Bedroom 2
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10x11
Dining room
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Kitchen
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11x9
Laundry
- Level: Main
- Area: 90 Square Feet
- Dimensions: 9x10
Living room
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13x10
Heating
- None
Cooling
- None
Appliances
- Included: None
Features
- Has basement: No
Interior area
- Total structure area: 671
- Total interior livable area: 671 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.37 Acres
Details
- Parcel number: 491125122025000500
- Special conditions: As Is,Defects/See Remarks,Probate Listing,Fixer Upper,Other
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Vinyl Siding
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Water: Other
Community & HOA
Community
- Subdivision: Elmore Bros Garden
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $60/sqft
- Tax assessed value: $43,200
- Annual tax amount: $464
- Date on market: 11/4/2026
- Cumulative days on market: 10 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2026 | Listed for sale | $40,000$60/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $43,200 +2.9% |
| 2024 | -- | $42,000 +1.9% |
| 2023 | -- | $41,200 -23.1% |
| 2022 | -- | $53,600 +10.3% |
| 2021 | $376 +26.2% | $48,600 +1% |
| 2020 | $298 +4.7% | $48,100 +26.2% |
| 2019 | $285 -41.8% | $38,100 +5.8% |
| 2018 | $490 -3.1% | $36,000 -3% |
| 2017 | $506 +80.7% | $37,100 +2.2% |
| 2016 | $280 +8.2% | $36,300 +3.1% |
| 2014 | $259 -2.6% | $35,200 |
| 2013 | $266 | $35,200 +0.9% |
| 2012 | $266 | $34,900 -21% |
| 2011 | -- | $44,200 |
| 2010 | $288 +26.7% | $44,200 |
| 2009 | $228 | $44,200 +2.6% |
| 2007 | -- | $43,100 +31% |
| 2006 | -- | $32,900 |
| 2005 | -- | $32,900 |
| 2004 | -- | $32,900 |
| 2003 | -- | $32,900 +108.2% |
| 2002 | -- | $15,800 +199.8% |
| 2001 | -- | $5,270 |
| 2000 | -- | $5,270 |
Find assessor info on the county website
Monthly payment
Est. payment




