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2817 N New Jersey St, Indianapolis, IN, 46205

3beds
3baths
2,739sqft
$215,000
$78price/sqft
$1,872/moest. monthly cost
$74,880/yrincome needed

About This Home

The hardest part of this renovation is already behind you. This distressed property has been transformed with brand-new framing, electrical, and plumbing rough-ins completely finished, saving you months of prep work. Designed for today's buyer, the home features a spectacular, modern open-concept layout that flows seamlessly in one cohesive room from the front door all the way to the kitchen. The structure is expertly framed for a highly desirable 3-bedroom, 3-bathroom footprint, highlighted by a private, luxury primary suite spanning the entire upstairs level. With area ARVs soaring well over $300k, this is the dream scenario for an investor or flipper looking for a fast, high-margin flip. Much like the thriving Fountain Square market, demand in Mapleton Fallcreek is sky-high. Jump straight into the fun phase of construction and finishes. Sold strictly as-is!

Getting Around

66
WalkingSomewhat Walkable
50
TransitGood Transit
66
BikeBikeable

Construction

Condition

  • Property condition: Fixer
  • Year built: 1960

Materials

  • Foundation: Block
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: None

Basement

  • Has basement: Yes

Bedroom2

  • Features: Other
  • Level: Main
  • Area: 168
  • Dimensions: 12x14

Bedroom3

  • Features: Other
  • Level: Upper
  • Area: 195
  • Dimensions: 13x15

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Dining Room

  • Features: Other
  • Level: Main
  • Area: 192
  • Dimensions: 12x16

Features

  • Finished area below ground: 0

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 2,739
  • Total interior livable area: 2,739 sqft

Kitchen

  • Features: Other
  • Level: Main
  • Area: 132
  • Dimensions: 12x11

Living Room

  • Features: Other
  • Level: Main
  • Area: 288
  • Dimensions: 16x18

Master Bedroom

  • Features: Other
  • Level: Main
  • Area: 156
  • Dimensions: 12x13

Property

Details

  • Parcel number: 490625116035000101
  • Special condition: As Is
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 5,227 sqft

Parking

  • Parking features: Detached

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
    Inland FloodingVery High
  • Earthquake
    EarthquakeRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Earthquake
Tornado
Cold Wave
Hail
Heat Wave
Strong Wind
Winter Weather

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 $1,087$13,044
Home Insurance *$144$1,728
Property Taxes $390$4,680
Electricity $251$3,012
Total$1,872$22,464
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$64,182/yr
40% on housing$56,160/yr
45% on housing$49,920/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

$78This listing

vs Other Active Listings

Avg $/sqft

ZIP 46205$136
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46205$135
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
2026-07-22Listed for sale$215,000
2026-03-02Sold$125,000
2026-02-13Pending sale$148,900
2025-07-01Price change$148,900
2025-01-14Listed for sale$159,900
2023-08-15Listing removed--
2023-08-09Price change$950
2023-06-21Listed for rent$1,100
2019-01-25Listing removed$950
2018-12-11Listed for rent$950
2016-02-08Listing removed$795
2015-10-20Listed for rent$795
2010-10-01Sold$8,522

For Sale by Agent

AgentAlexander Moore
BrokerageFULL CANOPY REAL ESTATE, LLC

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