2047 Roosevelt Ave, Indianapolis, IN, 46218
About This Home
2047/2049 Roosevelt Ave is a beautifully updated duplex featuring two 1-bedroom, 1-bathroom units. Renovated within the last three years, the property offers numerous improvements, including fresh interior paint, new flooring, updated plumbing fixtures and electrical, a new roof, and a newly constructed concrete patio and deck. These thoughtful updates provide low-maintenance ownership while offering comfortable, modern living for tenants. Conveniently located near downtown, major employers, dining, shopping, and entertainment, this property presents an excellent opportunity for investors or owner-occupants seeking a move-in-ready duplex in a growing area.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Fixer
- Year built: 1925
Materials
- Construction materials: Vinyl Siding,Wood Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subType: Multi Family,Duplex
Interior
Appliances
- Laundry features: No Laundry Facil.
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Main level bathrooms: 2
Cooling
- Cooling features: Separate Meters
Property
Details
- Parcel number: 490731193002000101
- Zoning: D5
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 4,791 sqft
- Features: Access,Sidewalks
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
- Cold Wave
- Heat Wave
- Inland Flooding
- 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 | $606 | $7,272 |
| Home Insurance * | $152 | $1,824 |
| Property Taxes | $245 | $2,940 |
| Electricity | $184 | $2,212 |
| Total | $1,187 | $14,244 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
Hail
WindHow 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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-20 | Listed for sale | $119,900 |
| 2026-07-14 | Pending sale | $119,900 |
| 2026-07-08 | Listed for sale | $119,900 |
| 2023-04-20 | Sold | $55,000 |
| 2023-03-30 | Pending sale | $69,000 |
| 2023-03-21 | Listed for sale | $69,000 |
| 2021-08-04 | Sold | $62,400 |
| 2021-06-27 | Pending sale | $64,900 |
| 2021-06-24 | Price change | $64,900 |
| 2021-06-07 | Listed for sale | $69,000 |
| 2020-07-07 | Listing removed | $445 |
| 2020-06-25 | Price change | $445 |
| 2020-05-28 | Listed for rent | $495 |
| 2019-02-21 | Listing removed | $475 |
| 2019-02-05 | Price change | $475 |
| 2018-09-20 | Listed for rent | $525 |
| 2015-10-08 | Sold | $1,883 |
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