257 N Tacoma Avenue

Indianapolis, IN
$ 395,000 Beds 4 Baths 4 Sq 2,392
Monthly Estimate* How much can I afford?

$4,100/Month in Rental Income! Fully renovated, turnkey income-producing property with both units currently tenant-occupied. The 4-bed, 4-bath main home generates $2,700/month, while the converted garage features a 2-bed, 1-bath apartment generating $1,400/month. A strong investment opportunity producing immediate cash flow from day one.

Active

  • Price
  • $ 395,000
  • City
  • Indianapolis
  • Bedrooms
  • 4
  • Full Bathrooms
  • 4
  • County
  • MARION
  • Half Bathrooms
  • 0
  • Area
  • Center
  • Lot Size
  • 0.1 Acres
  • Zip
  • 46201
  • Sqr Footage
  • 2,392
  • Year Built
  • 1955
  • Taxes
  • $ 2838
  • Style
  • Craftsman
  • MLS#
  • 22090355
Listed By: Max Welch with eXp Realty, LLC;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Natural Gas
Cooling Central Air
Possession Subject To Tenant Rights
Appliances Electric Cooktop,Dishwasher,Microwave,Oven,Double Oven,Refrigerator
Patio/Porch Features Deck
Architectural Style Craftsman
Construction Materials Wood Siding
Year Built 1955
Township Center
Levels Two
Property Subtype Single Family Residence
Tax Year 2024
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name A M Ogle Et Al East Park
Garage Y/N No
Total Rooms 7
Full Baths 4
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 4356
Property Attached Y/N No
Property Condition Updated/Remodeled
Standard Status Active
Tax Lot Lot 219 and Lot 220
Legal Description Ogle Et Al Sub Ogle Et Al E Park L219 & 9.5' S Side L220

Interior Features

Interior Amenities Breakfast Bar,High Ceilings,Eat-in Kitchen,Pantry,Kitchen Island
Basement Unfinished
Basement (Y/N) Yes
Laundry Features Connections All
Total Bedrooms 4
Main Level Bedrooms 2
LivingAreaSource Assessor
Total Baths 4

Exterior Features

Exterior Amenities Balcony,Fire Pit
Fencing Full,Front Yard
Parking Features Alley Access,On Street
Water Source Public
Foundation Details Block,Crawl Space,Partial
Building Area Total 2392
Lot Size Acres 0.1
Waterfront Y/N No
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
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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 Unknown Middle School
High School Unknown High School

Price History

3/20/2026 Listed $410,000
8/13/2026 3% - $400,000
9/3/2026 2% - $395,000

Property vs Zip Code Average in 46201

Price
AVG $230K
$400K
Taxes
AVG $2,861
$2,838
Year Built
AVG 1931
1955
Visits
AVG 91
213
Data Provided by Inside Real Estate®

257 N Tacoma Avenue Indianapolis, IN is a Single Family Home for sale at $395000 with 2392 sqft and a lot size of 0.1 Acres Acre(s). 257 N Tacoma Avenue Indianapolis has 4 bedrooms, 4 baths and was built in 1955. The property's zip code is 46201 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.