2510 S Pennsylvania St, Indianapolis, IN, 46225
About This Home
Solid 2-Bedroom Opportunity Near Downtown - Perfect for Investors! New furnace installed in December 2025. This home has great bones and is ready for your finishing touches! Featuring 2 bedrooms and 1 bath, it's ideally located close to downtown, shopping, and IPS schools-making it a smart choice for a flip, rental, or Airbnb investment. Currently rented on a month-to-month lease, this property offers immediate income potential while you plan your updates. The open floor plan creates a spacious feel, and its manageable size is perfect for someone who wants the comfort of a home without the hassle of maintaining a large space. Step outside and enjoy a very private backyard, ideal for gatherings, weekend barbecues, or simply relaxing in your own secluded retreat. Being sold as-is, this is your chance to unlock the hidden potential in a home with character, convenience, and endless possibilities. Don't miss this one-schedule your showing today!
Getting Around
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Fixer
- Year built: 1923
Materials
- Foundation: Crawl Space
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Gas Oven,Refrigerator
- Laundry features: Connections All,Laundry Room,Main Level
Basement
- Has basement: Yes
- Basement: Cellar
Bedroom2
- Level: Main
- Area: 100
- Dimensions: 10x10
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Dining Room
- Level: Main
- Area: 132
- Dimensions: 12x11
Features
- Attic Access,Ceiling Fan(s)
- Attic: Access Only
- Finished area below ground: 0
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: None
Interior Area
- Total structure area: 1,592
- Total interior livable area: 1,592 sqft
Kitchen
- Level: Main
- Area: 110
- Dimensions: 11x10
Laundry
- Level: Main
- Area: 36
- Dimensions: 9x4
Living Room
- Level: Main
- Area: 144
- Dimensions: 12x12
Master Bedroom
- Level: Main
- Area: 110
- Dimensions: 11x10
Property
Details
- Parcel number: 491124158014000101
- Special condition: As Is,Fixer Upper,Sales Disclosure Supplements
- Horse amenities: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered,Patio
- Fencing: Fenced,Chain Link,Full,Privacy
Lot
- Lot size: 5,227 sqft
- Features: Mature Trees
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
- 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 | $833 | $9,996 |
| Home Insurance * | $115 | $1,380 |
| Property Taxes | $301 | $3,612 |
| Electricity | $184 | $2,212 |
| Total | $1,433 | $17,196 |
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 |
|---|---|---|
| 2025-10-11 | Price change | $164,900 |
| 2025-08-28 | Price change | $169,900 |
| 2025-08-07 | Listed for sale | $179,900 |
| 2015-11-24 | Sold | $15,000 |
| 2010-12-02 | Sold | $6,300 |
| 2010-07-23 | Sold | $6,300 |
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