1217 W 31st

Indianapolis, IN
$ 97,500 Beds 3 Baths 2 Sq 3,052
Monthly Estimate* How much can I afford?

**Investment Opportunity - 3-Bedroom Home with Endless Potential!** Unlock the possibilities with this 3-bedroom, 2-level home that's ready for your vision. Whether you're looking for your next rental property or a profitable fix-and-flip project, this home offers a solid foundation and plenty of upside. The spacious layout features three bedrooms, two levels of living space, and an unfinished basement that provides ample storage or the opportunity to add future living space. While the property requires remodeling, it presents an excellent chance to customize finishes, increase value, and maximize your return on investment. Ideal for investors, contractors, or buyers seeking a renovation project, this property has the potential to become a desirable rental or an attractive resale after updates. Bring your ideas and transform this diamond in the rough into a standout property. Don't miss this opportunity to invest in a home with great potential and endless possibilities!

Active

  • Price
  • $ 97,500
  • City
  • Indianapolis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • MARION
  • Half Bathrooms
  • 0
  • Area
  • Center
  • Lot Size
  • 0.13 Acres
  • Zip
  • 46208
  • Sqr Footage
  • 3,052
  • Year Built
  • 1920
  • Taxes
  • $ 710
  • Style
  • MLS#
  • 22113724
Listed By: Gilford Condray with United Real Estate Indpls;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Natural Gas
Cooling Central Air
Possession Closing
Appliances None
Architectural Style Other
Construction Materials Other
Year Built 1920
Electric Circuit Breakers
Township Center
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Armstrong
Garage Y/N No
Total Rooms 9
Full Baths 2
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 5793
Property Attached Y/N No
Standard Status Active
Tax Lot 1033016
Legal Description Armstrong 1st Add L26 Blk13

Interior Features

Interior Amenities Walk-In Closet(s)
Basement Unfinished
Basement (Y/N) Yes
Total Bedrooms 3
Main Level Bedrooms 1
LivingAreaSource Plans
Total Baths 2

Exterior Features

Exterior Amenities Storage Shed
Water Source Public
Foundation Details Concrete Perimeter
Building Area Total 3052
Lot Size Acres 0.13
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

7/13/2026 Listed $100,000
8/11/2026 3% - $97,500

Property vs Zip Code Average in 46208

Price
AVG $240K
$100K
Taxes
AVG $3,085
$710
Year Built
AVG 1937
1920
Visits
AVG 80
24
Data Provided by Inside Real Estate®

1217 W 31st Indianapolis, IN is a Single Family Home for sale at $97500 with 3052 sqft and a lot size of 0.13 Acres Acre(s). 1217 W 31st Indianapolis has 3 bedrooms, 2 baths and was built in 1920. The property's zip code is 46208 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.