328 S Grand Avenue

Indianapolis, IN
$ 129,900 Beds 3 Baths 2 Sq 2,372
Monthly Estimate* How much can I afford?

**Turn-key rental opportunity located between Irvington and Christian Park** This 3 bedroom home has been recently updated and is currently tenant occupied at $1500 per month. Tenant lease in place until June 1st, 2027. Primary bedroom is located on the main level with two additional bedrooms upstairs. Kitchen includes stainless appliances, granite counters, and newer cabinetry. Here's your chance to buy cash flow and watch your investment appreciate in an area of improving values. Agents please see private remarks for offer process

Active

  • Price
  • $ 129,900
  • City
  • Indianapolis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • MARION
  • Half Bathrooms
  • 0
  • Area
  • Warren
  • Lot Size
  • 0.16 Acres
  • Zip
  • 46219
  • Sqr Footage
  • 2,372
  • Year Built
  • 1885
  • Taxes
  • $ 2780
  • Style
  • Traditional
  • MLS#
  • 22115135
Listed By: Brian Pachciarz with Estansion Group by BLP;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Forced Air,Natural Gas
Cooling Central Air
Utilities Sewer Connected,Water Connected
Possession Subject To Tenant Rights
Appliances Dishwasher,Electric Oven,Refrigerator,Gas Water Heater
Patio/Porch Features Deck,Covered
Architectural Style Traditional
Construction Materials Other
Year Built 1885
Township Warren
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Myers University Place
Garage Y/N No
Total Rooms 6
Full Baths 2
Status Active
Directions GPS Friendly
City Indianapolis
Disclosures BankOwned
High School District Indianapolis Public Schools
MLS Area 4905 - Marion - Warren
Lot Size Square Feet 6795
Property Attached Y/N No
Standard Status Active
Tax Lot 17
Legal Description Myers University Place L17 B 1

Interior Features

Interior Amenities Attic Access,Walk-In Closet(s)
Basement Unfinished
Basement (Y/N) Yes
Laundry Features Main Level
Total Bedrooms 3
Main Level Bedrooms 1
LivingAreaSource Assessor
Total Baths 2

Exterior Features

Fencing Full,Privacy
Parking Features Guest,None,Other
Lot Features Sidewalks,Storm Sewer
Water Source Public
Foundation Details Block
Building Area Total 2372
Lot Size Acres 0.16
Other Equipment Smoke Alarm,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
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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

7/20/2026 Listed $159,900
8/3/2026 4% - $154,900
9/9/2026 4% - $149,900
9/21/2026 14% - $129,900

Property vs Zip Code Average in 46219

Price
AVG $200K
$130K
Taxes
AVG $2,387
$2,780
Year Built
AVG 1943
1885
Visits
AVG 63
58
Data Provided by Inside Real Estate®

328 S Grand Avenue Indianapolis, IN is a Single Family Home for sale at $129900 with 2372 sqft and a lot size of 0.16 Acres Acre(s). 328 S Grand Avenue Indianapolis has 3 bedrooms, 2 baths and was built in 1885. The property's zip code is 46219 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.