7601 Milhouse Road

Indianapolis, IN
$ 250,000 Beds 1 Baths 0 Sq 1,424
Monthly Estimate* How much can I afford?

Unique opportunity to own a versatile property with both residential and commercial potential. This home has long served as the maintenance office for an Ameriplex maintenance and offers a flexible layout ready for a variety of uses. The property includes an attached 1-car garage, a detached 3-car garage, and an additional storage shed, providing ample space for vehicles, tools, and equipment. Set on a convenient and accessible site, the structure could easily transition back to a private residence, continue as a support facility, or be repurposed for small-business operations. With its solid construction and generous storage, this property combines practicality with potential-perfect for tradespeople, small contractors, or investors seeking adaptable space in a prime location.

Active

  • Price
  • $ 250,000
  • City
  • Indianapolis
  • Bedrooms
  • 1
  • Full Bathrooms
  • 0
  • County
  • MARION
  • Half Bathrooms
  • 2
  • Area
  • Decatur
  • Lot Size
  • 0.97 Acres
  • Zip
  • 46241
  • Sqr Footage
  • 1,424
  • Year Built
  • 1977
  • Taxes
  • $ 5160
  • Style
  • Ranch
  • MLS#
  • 22071691
Listed By: Laura Booram with @properties;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Forced Air
Cooling Window Unit(s)
Possession Negotiable
Appliances Gas Water Heater,Microwave,Refrigerator,Water Purifier
Garage Spaces 2
Patio/Porch Features Covered
Architectural Style Ranch
Construction Materials Brick
Year Built 1977
Township Decatur
Levels One
Property Subtype Single Family Residence
Tax Year 2024
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name No Subdivision
Garage Y/N Yes
Total Rooms 6
Status Active
Directions GPS Friendly
High School Decatur Central High School
City Indianapolis
High School District MSD Decatur Township
MLS Area 4908 - Marion - Decatur
Lot Size Square Feet 42253
Property Attached Y/N No
Current Financing Conventional
Middle/Junior High School Decatur Middle School
Standard Status Active
Tax Lot NA
Legal Description Pt W1/2 Ne1/4 S10 T14 R2 Ne Cor P.O.B. W204.55' S258.26' Ne334.06' To Beg .97Ac

Interior Features

Interior Amenities Hi-Speed Internet Availbl
Basement (Y/N) No
Half Baths 2
Total Bedrooms 1
Main Level Bedrooms 1
LivingAreaSource Assessor
Total Baths 2

Exterior Features

Exterior Amenities Barn Mini,Storage,Storage Shed
Fencing Full,Gate
Parking Features Attached,Asphalt,Gated,Guest,Workshop in Garage
Water Source Private
Foundation Details Block
Spa No
Building Area Total 1424
Lot Size Acres 0.97
Waterfront Y/N No
Other Equipment Sump Pump
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Columbus, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Decatur Middle School
High School Decatur Central High School

Price History

11/20/2025 Listed $250,000

Property vs Zip Code Average in 46241

Price
AVG $180K
$250K
Taxes
AVG $2,061
$5,160
Year Built
AVG 1954
1977
Visits
AVG 79
350
Data Provided by Inside Real Estate®

7601 Milhouse Road Indianapolis, IN is a Single Family Home for sale at $250000 with 1424 sqft and a lot size of 0.97 Acres Acre(s). 7601 Milhouse Road Indianapolis has 1 bedrooms, 0 baths and was built in 1977. The property's zip code is 46241 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.