814 E 48th St, Indianapolis, IN, 46205
About This Home
Great opportunity for investors or buyers looking for an affordable, turnkey property. This 1 bed, 1 bath home includes a utility basement and has already seen major improvements with new mechanicals, updated kitchen, and renovated bathroom. The fenced backyard and covered pergola add desirable outdoor space for tenants or owners alike. Currently styled with a unique Alice-themed design, the seller is open to removing and returning the home to a clean, neutral finish prior to closing. Strong rental potential or perfect for a single occupant or couple looking to build equity.
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1926
Materials
- Foundation: Block
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Microwave,Refrigerator,Dishwasher,Range Hood
Basement
- Has basement: Yes
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Dining Room
- Level: Main
- Area: 80
- Dimensions: 10x8
Features
- Hardwood Floors,Smart Thermostat
- Flooring: Hardwood
- Finished area below ground: 0
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 1,014
- Total interior livable area: 1,014 sqft
Kitchen
- Level: Main
- Area: 60
- Dimensions: 10x6
Living Room
- Level: Main
- Area: 196
- Dimensions: 14x14
Master Bedroom
- Level: Main
- Area: 120
- Dimensions: 10x12
Property
Details
- Parcel number: 490612150088000801
- Horse amenities: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered,Porch
Lot
- Lot size: 2,613 sqft
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
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 | $1,061 | $12,732 |
| Home Insurance * | $140 | $1,680 |
| Property Taxes | $400 | $4,800 |
| Electricity | $184 | $2,212 |
| Total | $1,785 | $21,420 |
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 |
|---|---|---|
| 2026-04-23 | Listed for sale | $215,000 |
| 2023-09-08 | Sold | $175,000 |
| 2001-06-11 | Sold | $35,000 |
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