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1034 Hervey St, Indianapolis, IN, 46203

2beds
2baths
1,883sqft
$200,000
$106price/sqft
$1,675/moest. monthly cost
$67,000/yrincome needed

About This Home

1034 Hervey St is a charming 2 bedroom, 1 bathroom home located near Garfield Park. This property offers a functional layout with comfortable living space and plenty of natural light throughout. The kitchen provides ample cabinet storage and connects easily to the main living areas, making the home practical for everyday living. Situated on a manageable lot, the property offers a yard with space for outdoor enjoyment. Its location provides convenient access to Garfield Park, local shops, dining, and downtown Indianapolis, making it attractive for both homeowners and investors. Whether you're looking for a starter home, downsizing option, or a solid investment opportunity, this property offers great potential in a growing area of the city. Seller willing to provide a $2,000 appliance credit with acceptable offer. BRAND NEW ROOF on house and the garage.

Getting Around

73
WalkingVery Walkable
37
TransitSome Transit
79
BikeVery Bikeable

Schools

6/10
1/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1921

Materials

  • Foundation: Block,Crawl Space
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: None
  • Laundry features: Connections All

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom2

  • Level: Main
  • Area: 144
  • Dimensions: 12x12

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Features

  • Hardwood Floors,High Speed Internet
  • Flooring: Hardwood
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,883
  • Total interior livable area: 1,883 sqft

Kitchen

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 240
  • Dimensions: 20x12

Living Room

  • Level: Main
  • Area: 240
  • Dimensions: 20x12

Master Bedroom

  • Level: Main
  • Area: 144
  • Dimensions: 12x12

Property

Details

  • Parcel number: 491124114024000101
  • Special condition: Broker Owned
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Deck
  • Fencing: Fenced,Full,Privacy

Lot

  • Lot size: 5,227 sqft
  • Features: City Lot,Sidewalks

Parking

  • Total spaces: 1
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

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

MonthlyAnnual
Mortgage $1,011$12,132
Home Insurance *$147$1,764
Property Taxes $333$3,996
Electricity $184$2,212
Total$1,675$20,100
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$57,428/yr
40% on housing$50,250/yr
45% on housing$44,666/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How 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.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$106This listing

vs Other Active Listings

Avg $/sqft

ZIP 46203$117
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46203$129
Marion County$131

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

DateEventPrice
2026-05-01Listed for sale$214,900
2026-04-08Listing removed$199,900
2026-03-16Pending sale$199,900
2026-03-04Listed for sale$199,900
2025-08-29Sold$110,000
2023-06-11Listing removed--
2023-05-30Listed for rent$795
2020-01-10Listing removed$725
2019-12-30Price change$725
2019-12-09Listed for rent$775
2017-08-10Listing removed$775
2017-08-05Listed for rent$775
2014-07-28Listing removed$750
2014-07-23Listed for rent$750
2014-06-25Sold$37,000
2014-02-24Sold$17,500

For Sale by Agent

AgentAshley Mullin
BrokerageFS Houses LLC

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