312 E 7th St, Indianapolis, IN, 46202
About This Home
This could be your Downtown dream home. Renaissance Place has everything the newly-builts don't: lots of grass, lush trees, flower beds, nature, tranquility, PRIVACY, a large privacy-fenced patio, and elegant brick curb appeal. The Great Room has soaring double-high ceilings with a dramatic wood-burning fireplace. The Main Bedroom is on the second floor with a small deck/balcony looking south to the skyscrapers, a walk-in closet, and attached bathroom with double sinks. The Second Bedroom is a big loft that is currently open to looking over the Great Room below, but many units in the association have enclosed this wall at a modest cost for more privacy. The bones of this property are so good that a moderate investment in kitchen, bath, and paint will yield an easy return. Utilities: gas water heater, high-efficiency gas furnace, and 100 AMP electric. The large paved patio has privacy fencing under mature trees. There is a 20+ page PROSPECTUS available with lots of disclosures, floor plans, taxes, photos, etc. There is a 3-minute narrated video of the property as a virtual tour on the BLC and on YouTube.
Getting Around
Walker's Paradise
Good Transit
Biker's ParadiseSchools
Construction
Condition
- Property condition: Fixer
- Year built: 1982
Materials
- Foundation: Slab
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: None,Disposal,Gas Water Heater
- Laundry features: Laundry Closet,Main Level
Bedroom2
- Level: Upper
- Area: 156
- Dimensions: 13X12
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Dining Room
- Features: Parquet
- Level: Main
- Area: 90
- Dimensions: 10X9
Features
- Cathedral Ceiling(s),Hardwood Floors,High Speed Internet
- Window features: Wood Work Painted
- Flooring: Hardwood
- Number of fireplaces: 1
- Fireplace features: Great Room,Wood Burning
- Fireplace: Yes
Great Room
- Features: Parquet
- Level: Main
- Area: 308
- Dimensions: 22X14
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 1,382
- Total interior livable area: 1,382 sqft
Kitchen
- Level: Main
- Area: 72
- Dimensions: 9X8
Laundry
- Level: Main
- Area: 36
- Dimensions: 6X6
Master Bedroom
- Level: Upper
- Area: 234
- Dimensions: 18X13
Property
Details
- Parcel number: 491101206022000101
- Attached to another structure: Yes
- Special condition: As Is,Defects/See Remarks,Fixer Upper,Needs Updating
- Horse amenities: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Balcony
- Fencing: Fenced,Full,Privacy
Lot
- Lot size: 3,049 sqft
- Features: Access,Curbs,Sidewalks,Storm Sewer,Street Lights,Mature Trees
Parking
- Total spaces: 1
- Parking features: Attached,Concrete,Garage Door Opener
- 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
- Heat Wave
- Inland Flooding
- Strong Wind
- Tornado
- Winter Weather
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 | $1,264 | $15,168 |
| Home Insurance * | $118 | $1,416 |
| Property Taxes | $243 | $2,916 |
| Electricity | $184 | $2,212 |
| Total | $1,809 | $21,708 |
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 |
|---|---|---|
| 2026-08-07 | Pending sale | $250,000 |
| 2026-08-03 | Listed for sale | $250,000 |
View on Zillow