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2321 Guilford Ave, Indianapolis, IN, 46205

3beds
2baths
--sqft
$300,000
--price/sqft
$2,123/moest. monthly cost
$84,920/yrincome needed

About This Home

Steps from the Monon Trail and sitting at the center of one of Indianapolis' most actively transforming corridors, this freshly renovated duplex offers strong fundamentals for house-hackers and buy-and-hold investors alike. Each unit features a practical 3-bedroom, 1.5-bath layout with brand new LVP flooring throughout, and functional living spaces ready for immediate occupancy - live in one side while the other generates income from day one, or place both units into a rental portfolio. The location is the real story here: the M30 Collective mixed-use development bringing residential units, dining, retail, and entertainment to the Monon at 30th Street is actively under construction just minutes away, the $4.29 billion IU Health hospital campus is set to open in 2027 and will generate enormous sustained demand for nearby workforce housing, and the Monon Trail itself is undergoing a funded widening from 10th to 96th Street. Add walking/biking proximity to Bottleworks, downtown, Ivy Tech, and the Fall Creek Greenway, and this property sits directly in the path of where Indianapolis is growing - at a price point that still makes the numbers work.

Getting Around

57
WalkingSomewhat Walkable
43
TransitSome Transit
72
BikeVery Bikeable

Schools

3/10
2/10
Shortridge High SchoolGrades 9-121.4 mi
4/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1920

Materials

  • Foundation: Block

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Multi Family,Duplex

Interior

Appliances

  • Laundry features: Connections All,In Basement

Basement

  • Has basement: Yes
  • Basement: Daylight,Interior Entry,Partial,Storage Space,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Main level bathrooms: 6

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Property

Details

  • Parcel number: 490625187092000101
  • Attached to another structure: Yes

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Storage,Lighting
  • Fencing: Fenced,Chain Link,Partial,Privacy

Lot

  • Lot size: 5,662 sqft
  • Features: City Lot,Curbs,Sidewalks,Storm Sewer,Street Lights,Trees-Small (Under 20 Ft)

Parking

  • Parking features: Alley Access,Concrete,On Street

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

  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Cold Wave
Heat Wave
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 $1,516$18,192
Home Insurance *$201$2,412
Property Taxes $222$2,664
Electricity $184$2,212
Total$2,123$25,476
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$72,788/yr
40% on housing$63,690/yr
45% on housing$56,613/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

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 46205$135
Marion County$125

vs Homes Sold Last Month

Median $/sqft

ZIP 46205$135
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
2026-05-08Price change$310,000
2026-03-18Price change$325,000
2026-02-12Price change$335,000
2025-12-05Listed for sale$375,000
2025-11-01Listing removed$1,350
2025-10-14Price change$1,350
2025-08-25Price change$1,400
2025-08-11Price change$1,475
2025-07-14Listed for rent$1,500
2025-02-24Listing removed$1,250
2025-02-11Price change$1,250
2025-01-30Listed for rent$1,500
2024-03-28Sold$241,000
2024-02-07Pending sale$225,000
2024-02-02Listed for sale$225,000

For Sale by Agent

AgentConnor Jones
BrokerageMark Dietel Realty, LLC

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