1238 Cottage Ave, Indianapolis, IN, 46203
About This Home
Welcome home to this updated Indianapolis bungalow where timeless character meets everyday comfort. Nestled just minutes from Fountain Square and downtown, this 2-bedroom, 2-full-bath home offers the perfect blend of charm, flexibility, and convenience. Step onto the inviting covered front porch and into a bright living space, with a main-level bedroom suite and a full second bath with a second bedroom upstairs. The detached garage, private backyard, and rear deck create ideal spaces for entertaining, relaxing, or enjoying quiet evenings outdoors. Whether you're a first-time buyer, downsizing, or seeking a turnkey investment property, this home delivers location, lifestyle, and value. The house is currently tenant-occupied on a month-to-month lease at $1,450 per month.
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Block,Crawl Space
- Construction materials: Cedar,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Electric Oven,Refrigerator,Electric Water Heater
Basement
- Has basement: Yes
Bedroom2
- Level: Upper
- Area: 117
- Dimensions: 13x9
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 1
Features
- Breakfast Bar
- Window features: Wood Work Painted
- Finished area below ground: 0
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 1,234
- Total interior livable area: 1,234 sqft
Kitchen
- Level: Main
- Area: 117
- Dimensions: 13x9
Laundry
- Features: Other
- Level: Main
- Area: 81
- Dimensions: 9x9
Living Room
- Level: Main
- Area: 225
- Dimensions: 15x15
Master Bedroom
- Level: Main
- Area: 130
- Dimensions: 13x10
Property
Details
- Parcel number: 491018163003000101
- Horse amenities: None
Features
- Levels: One and One Half
- Stories: 1
Lot
- Lot size: 3,920 sqft
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
- Heat Wave
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 | $1,111 | $13,332 |
| Home Insurance * | $162 | $1,944 |
| Property Taxes | $406 | $4,872 |
| Electricity | $184 | $2,212 |
| Total | $1,863 | $22,356 |
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 |
|---|---|---|
| 2026-07-23 | Price change | $219,900 |
| 2026-06-21 | Price change | $224,500 |
| 2026-05-18 | Listed for sale | $225,000 |
| 2025-06-16 | Listing removed | $1,450 |
| 2025-05-25 | Price change | $1,450 |
| 2022-01-05 | Listing removed | -- |
| 2021-12-29 | Price change | $224,900 |
| 2021-12-10 | Price change | $229,900 |
| 2021-11-30 | Price change | $234,900 |
| 2021-11-11 | Listed for sale | $239,900 |
| 2021-08-18 | Sold | $149,000 |
| 2021-03-24 | Listing removed | -- |
| 2019-05-01 | Listing removed | $160,000 |
| 2019-01-31 | Listed for sale | $160,000 |
| 2018-01-17 | Listing removed | $100,000 |
| 2017-10-18 | Listed for sale | $100,000 |
| 2013-09-09 | Sold | $23,000 |
| 2012-10-16 | Listed for rent | $625 |
| 2009-05-15 | Sold | $19,900 |
| 2009-01-14 | Sold | $6,000 |
| 2008-08-11 | Sold | $64,164 |
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