1124 E  Perry St, Indianapolis, IN 46227
Property image
Property image
FOR SALE

$140,000

  • 4 Beds
  • 2 Baths
  • 3,383 sqft

1124 E Perry St, Indianapolis, IN 46227

University Heights
Est. Mortgage $908/mo*
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Home Highlights

Property Type
Single-Family Home
Year Built
1915
Price/Sqft
$41

Local Information

  • Map ViewExplore the area around 1124 E Perry St.
  • Schools9 Preschool Schools12 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

About this House

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.
Last check for updates: about 3 hours ago
Listing Provided by: Jocelyn Deal, (317) 777-1367
eXp Realty, LLC
Evan Deal
eXp Realty, LLC
Source: MIBOR as distributed by MLS GRID, MLS#22105076

Home Details for 1124 E Perry St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: CellarNumber of Rooms: 11Types of Rooms: 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: 56Days on Market: 18

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 PropertyNo Additional Parcels
Property Information
Condition: FixerParcel Number: 491030122001188501

Price & Status

Price
List Price: $140,000Price Per Sqft: $41
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: 6098.4 sqft

Listing Info

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

Miscellaneous

BasementMls Number: 22105076

Around this home

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

  • 19 % 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."

Market trends in Indianapolis

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$251K
$10K
MoM
Sale-to-List Price
99.6%
0.3%
MoM
Price per sq ft
$145
$3
MoM
Available listings
4043
154
MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.14
Single-Family Home
$110,000
09/29/25
3
1
2,856
0.25
Single-Family Home
$137,700
08/20/26
3
2
2,260
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
0.29
Single-Family Home
$115,000
01/21/26
3
1
2,730
0.22
Single-Family Home
$64,900
12/18/25
2
1
2,318
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
0.46
Single-Family Home
$235,000
04/21/26
5
2
2,882

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.02
$149,500
2
1.5
1,184
Off Market
0.05
$103,950
2
1
832
Recently Sold
0.01
$20,000
-
-
-
For Sale
0.07
$118,800
2
1
1,480
Off Market
0.08
$178,000
3
2
2,125
For Sale
0.07
$182,800
3
1
1,148
Off Market
0.08
$109,200
4
1
2,085
Off Market
0.11
$95,900
2
1
1,188
Off Market
0.07
$156,300
2
1
900
Off Market
0.10
$172,600
2
1.5
1,597
Off Market
0.07
$139,400
3
1
956
Off Market

Price and Tax history

DateEventPrice
Aug 14, 2026
Source: MIBOR as distributed by MLS GRID #22105076
Listed For Sale
$140,000
Jul 28, 2026
Source: eXp Realty #22105076
ListingRemoved
$140,000
Jul 9, 2026
Source: MIBOR as distributed by MLS GRID #22105076
Pending
$189,900
Jun 11, 2026
Source: MIBOR as distributed by MLS GRID #22105076
PriceChange
$189,900
Price decreased by 3%
May 29, 2026
Source: MIBOR as distributed by MLS GRID #22105076
Listed For Sale
$194,900

LGBTQ Local Legal Protections

Jocelyn Deal, eXp Realty, LLC
Agent Phone: (317) 777-1367
Based on information submitted to the MLS GRID as of 2026-09-01 13:28:13 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

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Frequently asked questions about 1124 E Perry St

  • What is the estimated monthly payment for 1124 E Perry St?
    Based on a $140,000 list price with 20% down at today's rates, the estimated monthly payment for 1124 E Perry St in Indianapolis, IN is approximately $928 (about $741 principal & interest, $112 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 1124 E Perry St compare to homes in Indianapolis?
    1124 E Perry St in Indianapolis, IN is listed at $140,000, about 44% below the $251K median sale price in Indianapolis.
  • What do residents say about the University Heights neighborhood?
    Residents describe the University Heights neighborhood in Indianapolis, IN as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See homes for sale in University Heights, Indianapolis.
  • What are the closest schools to 1124 E Perry St?
    The closest schools to 1124 E Perry St in Indianapolis, IN are Arsenal Technical High School (rated 2/10), Christian Park School 82 (Pre-K/Elementary, rated 3/10), Crispus Attucks Medical Magnet High School (9-12) (rated 4/10).
  • Does 1124 E Perry St have air conditioning?
    Yes, 1124 E Perry St in Indianapolis, IN has air conditioning.
  • Does 1124 E Perry St have a yard?
    Yes, 1124 E Perry St in Indianapolis, IN has a yard.
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 Aug 14, 2026. The MLS # for this home is MLS# 22105076.