1229 E Market St, Indianapolis, IN, 46202
About This Home
Back on the market at no fault of the home or seller and ready for a new owner. This adorable half duplex is just minutes from Downtown Indy and Fountain Square. This move in ready home features an updated kitchen with stainless steel appliances and bamboo wood floors throughout the main level, creating a warm and inviting space. Upstairs you will find two bedrooms with brand new carpet and a full bath complete with double sinks, a large soaking tub, and a subway tile surround. The primary bedroom features soaring ceilings and abundant natural light, making the space feel open and airy. On the main level, the den provides flexible use and could easily be converted into a third bedroom, home office, or additional living space. Step outside to the spacious back deck, perfect for relaxing or entertaining on summer evenings under the lights. This home is truly turnkey and offers a great opportunity for both homeowners and investors, with strong rental or short term income potential. Very motivated seller. Schedule your showing today.
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1970
Materials
- Foundation: Block
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Electric Water Heater,Disposal,Gas Oven,Range Hood,Refrigerator
- Laundry features: Laundry Closet
Basement
- Has basement: Yes
- Basement: Unfinished
Bedroom2
- Level: Upper
- Area: 100
- Dimensions: 10x10
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Dining Room
- Level: Main
- Area: 144
- Dimensions: 12x12
Features
- Attic Access,Hardwood Floors,Walk-In Closet(s)
- Window features: Wood Work Painted
- Flooring: Hardwood
- Attic: Access Only
- Finished area below ground: 0
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 1,939
- Total interior livable area: 1,939 sqft
Kitchen
- Level: Main
- Area: 156
- Dimensions: 13x12
Library
- Level: Main
- Area: 90
- Dimensions: 10x09
Living Room
- Level: Main
- Area: 156
- Dimensions: 13x12
Loft
- Level: Upper
- Area: 63
- Dimensions: 09x07
Master Bedroom
- Level: Upper
- Area: 156
- Dimensions: 13x12
Property
Details
- Parcel number: 491006181019001101
- Attached to another structure: Yes
- Horse amenities: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
- Fencing: Fenced,Privacy
Lot
- Lot size: 2,178 sqft
- Features: Sidewalks,Storm Sewer,Street Lights,Not In Subdivision
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
- 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 | $1,264 | $15,168 |
| Home Insurance * | $118 | $1,416 |
| Property Taxes | $230 | $2,760 |
| Electricity | $184 | $2,212 |
| Total | $1,796 | $21,552 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-11 | Price change | $265,000 |
| 2026-04-13 | Listed for sale | $275,000 |
| 2026-03-18 | Pending sale | $275,000 |
| 2025-11-24 | Price change | $275,000 |
| 2025-08-22 | Listed for sale | $298,000 |
| 2022-05-25 | Listing removed | -- |
| 2022-04-28 | Listed for sale | $250,000 |
| 2014-04-01 | Sold | $113,000 |
For Sale by Agent
View on Zillow