1633 N New Jersey St, Indianapolis, IN, 46202
About This Home
Fully occupied Townhome with a Premium 1 Bedroom Carriage House in the Historic Herron-Morton neighborhood. This exceptional dual-residence property at 1633 & 1637 N New Jersey St offers a rare blend of turn-key living and high-performance investment potential in one of Indianapolis's most coveted historic districts. The main structure features a spacious 2BR/2BA layout with an unfinished basement. The home welcomes you with a deep, covered front porch leading into a seamless, modern interior highlighted by updated finishes, generous living areas, and a gourmet kitchen. Beyond the interior, the home offers a private, spacious fenced-in backyard. Adding unparalleled value is the 2-car detached garage topped by a fully-appointed 1BR/1BA carriage house. This unit provides 716 sq ft of additional living space, perfect for a high-end short-term rental, a long-term tenant, or a private guest retreat. The home & the carriage house are currently tenant occupied for immediate cash flow at a total of $3,834/month. Ideally located steps from Tinker Street, Foundry Coffee, Kroger and much more. Whether you are looking for a sophisticated "house-hack" or a flagship addition to your portfolio, this property delivers a perfect blend of performance and prestige. ***Home photos are from unit 1635 & the Carriage House is from a similar unit***
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1919
Materials
- Foundation: Brick/Mortar,Crawl Space
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Electric Oven,Refrigerator,Washer,Electric Water Heater,Microwave
- Laundry features: Laundry Closet,Upper Level
Basement
- Has basement: Yes
- Basement: Unfinished
Bedroom2
- Level: Upper
- Area: 192.375
- Dimensions: 14'3 x 13'6"
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Dining Room
- Level: Main
- Area: 176.2222
- Dimensions: 8'8" x 19'16"
Features
- Ceiling Fan(s),In-Law Floorplan,Eat-in Kitchen,Pantry
- Finished area below ground: 0
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 1,717
- Total interior livable area: 1,717 sqft
Kitchen
- Level: Main
- Area: 120.5556
- Dimensions: 12'11" x 9'4"
Living Room
- Level: Main
- Area: 184.0625
- Dimensions: 12'11" x 14'3"
Master Bedroom
- Level: Upper
- Area: 236.5
- Dimensions: 14'4" x 16'6"
Property
Details
- Parcel number: 490636158180000101
- Attached to another structure: Yes
- Horse amenities: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
- Fencing: Fenced,Full,Privacy,Gate
- Has view: Yes
- View description: City,Neighborhood
Lot
- Lot size: 3,049 sqft
- Features: Sidewalks,Street Lights
Parking
- Total spaces: 2
- Parking features: Alley Access,Detached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Cold Wave
- Heat Wave
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,527 | $30,324 |
| Home Insurance * | $237 | $2,844 |
| Property Taxes | $923 | $11,076 |
| Electricity | $184 | $2,212 |
| Total | $3,871 | $46,452 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-09 | Listed for sale | $575,000 |
| 2025-06-05 | Listing removed | $2,399 |
| 2025-01-21 | Listed for rent | $2,399 |
| 2022-06-24 | Listing removed | -- |
| 2022-05-24 | Listed for rent | $2,150 |
| 2021-02-23 | Listing removed | -- |
| 2020-04-06 | Listing removed | $2,000 |
| 2020-02-05 | Listed for rent | $2,000 |
| 2019-04-16 | Listing removed | $2,000 |
| 2019-03-02 | Listed for rent | $2,000 |
| 2017-03-08 | Listing removed | $2,000 |
| 2017-02-22 | Listed for rent | $2,000 |
| 2015-03-06 | Sold | $95,000 |
| 2015-02-18 | Pending sale | $109,900 |
| 2015-02-11 | Listed for sale | $109,900 |
For Sale by Agent
View on Zillow