This 3-bedroom, 1-bath home is currently rented for $1,200 per month and offers dependable cash flow in a central Indianapolis location. The layout is efficient and easy to maintain, appealing to a wide range of tenants. Conveniently located near downtown, parks, and transit options. A solid investment property with steady rental performance.
Active
$160,000
531 N Alton Ave, Indianapolis, IN 46222
3beds
2,481sqft
Est.:
Residential, Single Family Residence
Built in 1927
4,356 Square Feet Lot
$-- Zestimate®
$64/sqft
$-- HOA
What's special
- 25 days
- on Zillow |
- 648 |
- 42 |
Zillow last checked: 7 hours ago
Listing updated: July 19, 2025 at 03:34pm
Listing Provided by:
Olga Bliuc-Haggard 317-910-6505,
New Quantum Realty Group,
Justin Haggard
Source: MIBOR as distributed by MLS GRID,MLS#: 22050427

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Bedroom 2
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 3
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Dining room
- Level: Main
- Area: 130 Square Feet
- Dimensions: 10x13
Kitchen
- Level: Main
- Area: 112.5 Square Feet
- Dimensions: 15x7.5
Living room
- Level: Main
- Area: 247 Square Feet
- Dimensions: 13x19
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Gas Water Heater, MicroHood, Microwave, Electric Oven, Refrigerator
Features
- Has basement: Yes
Interior area
- Total structure area: 2,481
- Total interior livable area: 2,481 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached
- Garage spaces: 1
Features
- Levels: One and One Half
- Stories: 1
Lot
- Size: 4,356 Square Feet
Details
- Parcel number: 491105125114000901
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Stone
- Foundation: Block
Condition
- New construction: No
- Year built: 1927
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $64/sqft
- Tax assessed value: $87,400
- Annual tax amount: $2,074
- Date on market: 7/17/2025
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