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1108 N Warman Ave, Indianapolis, IN, 46222

2beds
1baths
1,693sqft
$103,500
$61price/sqft
$989/moest. monthly cost
$39,560/yrincome needed

About This Home

Opportunity knocks at 1108 N Warman Ave! This home is being sold as-is, offering the perfect chance for an investor, rehabber, or buyer looking to build equity with some vision and elbow grease. The property features solid structure and great bones, making it an ideal candidate for a thoughtful refresh. Inside, the home is ready for a full cosmetic update-bring your ideas and transform the space into something truly special. With the right improvements, this property has strong potential for value-add upside whether as a flip or long-term hold. Conveniently located with easy access to downtown Indianapolis, schools, and major routes, this is a great opportunity to invest in an area with continued growth and development. Don't miss the chance to unlock the potential in this hidden gem!

Getting Around

60
WalkingSomewhat Walkable
40
TransitSome Transit
50
BikeBikeable

Schools

4/10
Ernie Pyle School 90Grades PK-50.7 mi
4/10
William Penn School 49Grades 6-82.1 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1913

Materials

  • Foundation: Crawl Space
  • Construction materials: Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Craftsman
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Electric Oven,Refrigerator,Water Heater

Basement

  • Has basement: Yes
  • Basement: Partial

Bedroom2

  • Level: Upper
  • Area: 126
  • Dimensions: 14x09

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Family Room

  • Level: Main
  • Area: 126
  • Dimensions: 14x09

Features

  • Attic Access
  • Attic: Access Only
  • Finished area below ground: 58

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,693
  • Total interior livable area: 1,693 sqft

Kitchen

  • Level: Main
  • Area: 225
  • Dimensions: 15X15

Laundry

  • Features: Other
  • Level: Main
  • Area: 80
  • Dimensions: 8 X 10

Master Bedroom

  • Level: Main
  • Area: 144
  • Dimensions: 12X12

Property

Details

  • Parcel number: 490633153220000901
  • Special condition: As Is
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered

Lot

  • Lot size: 4,791 sqft

Parking

  • Parking features: Alley Access

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
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Tornado

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

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

MonthlyAnnual
Mortgage $523$6,276
Home Insurance *$109$1,308
Property Taxes $173$2,076
Electricity $184$2,212
Total$989$11,868
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$33,908/yr
40% on housing$29,670/yr
45% on housing$26,373/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How 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.

Insurance Growth Rate5-year average: 10.6%
10.6%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$61This listing

vs Other Active Listings

Avg $/sqft

ZIP 46222$90
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46222$96
Marion County$131

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

DateEventPrice
2026-08-07Price change$99,900
2026-07-14Price change$103,500
2026-07-06Pending sale$108,500
2026-06-16Listed for sale$108,500
2025-04-03Sold$74,900
2021-07-23Sold$50,500
2019-06-21Listing removed$54,900
2019-06-03Price change$54,900
2019-04-03Listed for sale$59,900

For Sale by Agent

AgentAlysea Ragland
BrokerageF.C. Tucker Company

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