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2830 Roberta Dr, Indianapolis, IN, 46222

3beds
2baths
1,200sqft
$245,000
$204price/sqft
$1,862/moest. monthly cost
$74,480/yrincome needed

About This Home

Investor opportunity! This well-maintained 3-4 bedroom, 1.5 bath home offers strong rental potential and is conveniently located near Marian University. The property is currently tenant-occupied with a lease generating $2,100 per month, making it an excellent addition to an investment portfolio. Inside, you'll find LVP flooring throughout, granite countertops with a matching backsplash, and a full suite of stainless steel appliances. The washer and dryer are also included and will convey with the sale. The HVAC system has been regularly serviced and maintained, and the water heater is less than one year old. Additional recent improvements include a new garage roof, gutters, downspouts, and garage windows, all completed in August 2025. Whether you're looking to expand your rental portfolio or purchase a home with modern updates, this property offers a combination of value, functionality, and income potential.

Getting Around

32
WalkingCar-Dependent
33
TransitSome Transit
50
BikeBikeable

Schools

4/10
Ernie Pyle School 90Grades PK-51.1 mi
4/10
Cold Spring SchoolGrades K-81.3 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1971

Materials

  • Foundation: Block
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Disposal,Gas Water Heater,MicroHood,Refrigerator,Washer
  • Laundry features: Laundry Room,Main Level

Bedroom2

  • Level: Main
  • Area: 110
  • Dimensions: 10x11

Bedroom3

  • Level: Main
  • Area: 130
  • Dimensions: 10x13

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Dining Room

  • Level: Main
  • Area: 104
  • Dimensions: 13x8

Features

  • Attic Access,Kitchen Island
  • Attic: Access Only

Heating & Cooling

  • Heating features: Natural Gas,High Efficiency (90%+ AFUE )
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,200
  • Total interior livable area: 1,200 sqft

Kitchen

  • Level: Main
  • Area: 221
  • Dimensions: 13x17

Laundry

  • Features: Tile-Ceramic
  • Level: Main
  • Area: 40
  • Dimensions: 5x8

Living Room

  • Level: Main
  • Area: 234
  • Dimensions: 13x18

Master Bedroom

  • Level: Main
  • Area: 130
  • Dimensions: 10x13

Property

Details

  • Parcel number: 490628116034000901
  • Special condition: Other
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck,Patio,Porch

Lot

  • Lot size: 8,276 sqft
  • Features: Sidewalks,Mature Trees

Parking

  • Total spaces: 2
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Tornado
Lightning
Strong Wind
Winter Weather

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 $1,238$14,856
Home Insurance *$259$3,108
Property Taxes $181$2,172
Electricity $184$2,212
Total$1,862$22,344
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$63,840/yr
40% on housing$55,860/yr
45% on housing$49,653/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

$204This listing

vs Other Active Listings

Avg $/sqft

ZIP 46222$89
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
2026-08-10Price change$237,500
2026-07-23Listed for sale$245,000
2021-07-09Sold$181,000
2021-05-20Pending sale$179,900
2021-05-18Listed for sale$179,900
2021-05-10Pending sale$179,900
2021-05-07Listed for sale$179,900
2020-06-01Sold$62,000
2020-05-01Pending sale$59,900
2020-04-13Price change$59,900
2020-04-12Listed for sale$53,000

For Sale by Agent

AgentMichael Moore
BrokerageTrueblood Real Estate

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