1916 N Colorado Ave, Indianapolis, IN, 46218
About This Home
Whether you're looking for your next home or a great investment opportunity, this beautifully renovated 2-bedroom, 1-bath home is a must-see! Featuring modern updates throughout, this move-in-ready property offers the perfect blend of comfort, convenience, and value. Relax on the inviting covered front porch, enjoy the privacy of the fenced front yard, and take advantage of the spacious backyard-ideal for entertaining, gardening, pets, or future outdoor projects. Conveniently located with quick access to three major highways, commuting is a breeze while keeping you close to shopping, dining, schools, and everything the area has to offer. Property Highlights: Fully renovated and move-in ready 2 Bedrooms | 1 Bathroom Covered front porch Fenced front yard Large backyard with endless possibilities Convenient access to three major highways Perfect for homeowners or investors seeking a turnkey property Don't miss this opportunity to own a beautifully updated home that's ready for its next chapter. Schedule your private showing today!
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1950
Materials
- Foundation: Crawl Space
- Construction materials: Aluminum Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: None
Bedroom2
- Level: Main
- Area: 80
- Dimensions: 10x8
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Features
- Window features: Wood Work Painted
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 676
- Total interior livable area: 676 sqft
Kitchen
- Level: Main
- Area: 50
- Dimensions: 10x5
Laundry
- Level: Main
- Area: 56
- Dimensions: 8x7
Living Room
- Level: Main
- Area: 208
- Dimensions: 16x13
Master Bedroom
- Level: Main
- Area: 120
- Dimensions: 12x10
Property
Details
- Parcel number: 490733115037000101
- Special condition: As Is
- Horse amenities: None
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 7,405 sqft
Parking
- Total spaces: 1
- Parking features: Detached
- 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
- Heat Wave
- 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 | $530 | $6,360 |
| Home Insurance * | $133 | $1,596 |
| Property Taxes | $199 | $2,388 |
| Electricity | $184 | $2,212 |
| Total | $1,046 | $12,552 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-30 | Price change | $105,000 |
| 2026-07-20 | Price change | $110,000 |
| 2026-06-24 | Listed for sale | $115,000 |
| 2026-03-16 | Listing removed | $114,900 |
| 2025-10-30 | Price change | $114,900 |
| 2025-10-02 | Listed for sale | $119,900 |
| 2021-04-10 | Listing removed | -- |
| 2021-03-22 | Listed for rent | $700 |
| 2018-01-24 | Listing removed | $650 |
| 2017-12-26 | Listed for rent | $650 |
| 2017-12-11 | Sold | $17,500 |
| 2017-11-01 | Sold | $13,300 |
| 2002-08-14 | Sold | $42,000 |
View on Zillow