1124 E  Perry St, Indianapolis, IN 46227
FOR SALE

1124 E Perry St
Indianapolis, IN 46227

University Heights
  • 4 Beds
  • 2 Baths
  • 3,383 sqft

$194,900

Est. Mortgage $1,204/mo*

$194,900

Est. Mortgage $1,204/mo*
4 Beds
2 Baths
3,383 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Investor Alert! This home is the perfect BRRRR. Buy, Rehab, Rent, Refinance, Repeat! Conveniently located close to downtown Indy, University of Indianapolis, parks, shopping, interstates and more. This home would make a great rental for anyone looking to invest in a value-add property in or near downtown Indy. The adjoining lot could serve as a dirt or gravel driveway to allow for off-street parking or it would be a great lot to build a garage with an ADU above it to have multiple streams of income if you choose as it's separately parceled.

Home Highlights

Parking
No Info
Outdoor
Yes
A/C
Heating & Cooling
HOA
None
Price/Sqft
$58
Listed
8 days ago

Home Details for 1124 E Perry St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: CellarNumber of Rooms: 11Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bonus Room, Dining Room, Family Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 4Main Level Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 3383 Square Feet
Appliances & Utilities
Appliances: None
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Windows, Doors, Floors & Walls
Window: Wood Work Painted
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Patio / Porch: CoveredFencing: Fenced, Full, Privacy, GateFoundation: Block
Parking & Garage
Other Parking: Garage Parking Other(Guest Street Parking)No CarportNo GarageNo Attached GarageParking: Gravel
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 3Days on Market: 8

Property Information

Year Built
Year Built: 1915
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Vinyl SidingNot a New ConstructionNot Attached PropertyHas Additional Parcels
Property Information
Condition: FixerParcel Number: 491030122001188501Additional Parcels Description: Golden Addition L181

Price & Status

Price
List Price: $194,900Price Per Sqft: $58
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: IndianapolisCommunity: Mcclains Golden
School Information
High School District: Indianapolis Public Schools

Agent Information

Listing Agent
Listing ID: 22105076

Building

Building Area
Building Area: 3383 Square Feet

HOA

No HOA

Lot Information

Lot Area: 10018.8 sqft

Listing Info

Special Conditions: As Is, Cosmetics Needed, Fixer Upper, Sales Disclosure Supplements

Miscellaneous

BasementMls Number: 22105076
Last check for updates: about 10 hours ago
Listing Provided by: Jocelyn Deal, (317) 777-1367
eXp Realty, LLC
Source: MIBOR as distributed by MLS GRID, MLS#22105076

Market trends in Indianapolis

Last updated April 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$224K
$4.33K
MoM
Sale-to-List Price
98.4%
0.1%
MoM
Price per sq ft
$134
$4
MoM
Available listings
3617
359
MoM

Price History for 1124 E Perry St

DatePriceEventSource
05/29/2026$194,900Listed For SaleMIBOR as distributed by MLS GRID #22105076
05/11/2019$1,250ListingRemovedAgent Provided
04/12/2019$1,250Listed For RentAgent Provided
11/03/2016$65,000ListingRemovedAgent Provided
06/27/2016$65,000Listed For SaleAgent Provided
11/21/2015$825ListingRemovedAgent Provided
11/04/2015$825Listed For RentAgent Provided
10/23/2014$825ListingRemovedAgent Provided
09/25/2014$825Listed For RentAgent Provided
09/12/2012$750ListingRemovedAgent Provided
08/30/2012$750Listed For RentAgent Provided
11/18/2004$35,000Sold
MIBOR as distributed by MLS GRID #2457338

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Property Tax and Assessment

Year2025
Tax$4,587
Assessment$226,000
Home facts updated by county records

Comparable Sales for 1124 E Perry St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.25
Single-Family Home
$270,000
03/13/26
4
2
3,166
0.29
Single-Family Home
$101,500
02/13/26
4
2
1,596
0.14
Single-Family Home
$110,000
09/29/25
3
1
2,856
0.15
Single-Family Home
$170,000
12/30/25
3
1.5
1,325
0.68
Single-Family Home
$64,000
11/18/25
4
1.5
2,472
0.33
Single-Family Home
$219,900
09/16/25
3
2
2,466
0.33
Single-Family Home
$212,000
07/25/25
4
3
3,426
0.29
Single-Family Home
$115,000
01/21/26
3
1
2,730
0.13
Single-Family Home
$214,900
04/29/26
3
2
2,200

Nearby homes

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Assigned Schools

These are the assigned schools for 1124 E Perry St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about University Heights

At least 46 Trulia users voted on each feature.
  • 85 % Say car is needed

  • 77 % Say yards are well-kept

  • 75 % Say parking is easy

  • 71 % Say it's dog friendly

  • 65 % Say there's holiday spirit

  • 61 % Say kids play outside

  • 54 % Say it's walkable to restaurants

  • 52 % Say it's quiet

  • 49 % Say there are sidewalks

  • 45 % Say it's walkable to grocery stores

  • 43 % Say neighbors are friendly

  • 41 % Say people would walk alone at night

  • 40 % Say there's wildlife

  • 35 % Say they plan to stay for at least 5 years

  • 25 % Say streets are well-lit

  • 20 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Lauren Geist
    "Plenty of sidewalks and many other dog walkers & owners on every block. Friendly neighbors that care for their animals"
  • Lauren Geist
    "Many dog owners in this neighborhood. Friendly owners that take care of their furry family members!!!! "
  • Nicole Cooper-Dakus
    "We do not have community events. Other families have events that make them park in front of our driveway and make it impossible for us to get in or out. "
  • Trulia User
    "When taking our your dog there be dropping everywhere because people are too lazy to just pick their dogs dropppings."
  • Trulia User
    "great neighbors! I've lived here all my life, and it's a peaceful neighborhood. very pet friendly. don't usually get no trouble from anyone .."
  • Trulia User
    "lived here all my life. quiet, friendly neighborhood near the university. Perry township schools are excellent, and very short distance to interstate and several bus stops. great neighbors, my large male pitbull has got out a few times and every time was back home shortly after thanks to helpful neighbors. "
  • Trulia User
    "Not many places to go with your dogs, a lot of stray cats run around the neighborhood so if your dog has little self control it can be a bit of a hassle. "
  • Amcclaren5834
    "its nice and quiet around. the area is close to every thing you might need. the police are a bit over populated and the lack of bike lanes causes issues for me"
  • Andrea
    "Perfect for those who would take the red line. Unique new restaurant within walking distance. Fun university neighborhood. Great place for walks in the afternoon. Safe and quiet- protected by uindy police. "
  • Kassidy S.
    "It’s a good place to live with kids to grow up. Good for dogs but lot of police in area. College is great view and peaceful to walk around. "
  • Silverdove1984
    "Have lived here for 2.5 years and it is a neighborhood that will hopefully get better in time. A lot of random people walking through and through traffic speeds. Needs speed bumps and patrols. "
  • Audreyrenee2012
    "There are many parks in the area. It is a very safe and friendly place to live. There are stores and schools nearby."
  • Shannon
    "its a quiet neighborhood and people are nice and the school #65 is a great school. the college kids use the neighborhood for jogging and live here also."
  • M c.
    "it's a decent neighborhood. really like it. wouldn't mind owning a home here. the commute to work is decent as well"
  • dana m.
    "Great area to live and relax. 10 minute drive to downtown and close to 465 and 65 for easy access anywhere. 3 parks are in walking distance of my home and close to Southeastway or Southwestway Indy parks for the longer hikes. Restaurants are easy to access in any direction. 20 minutes to Castleton and 20 minutes to Greenwood!"
  • executivedelavega
    "I like the area is close to the higway, restaurants, shopping centers, I love the fact that I can walk to eat breakfast at McDonalds, Dennis restaurants or grocery shoping like Walt mart. Higly recomend it, is a quiet community & I really enjoy it."

LGBTQ Local Legal Protections

Jocelyn Deal, eXp Realty, LLC
Agent Phone: (317) 777-1367
Based on information submitted to the MLS GRID as of 2026-06-07 01:03:12 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
1124 E Perry St, Indianapolis, IN 46227 is a 4 bedroom, 2 bathroom, 3,383 sqft single-family home built in 1915. 1124 E Perry St is located in University Heights, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on May 29, 2026. The MLS # for this home is MLS# 22105076.