116 E  Elbert St, Indianapolis, IN 46227
Property image
Property image
OFF MARKET

116 E Elbert St
Indianapolis, IN 46227

Southdale
  • 3 Beds
  • 1 Bath
  • 1,830 sqft (on 0.63 acres)

$225,400

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $1,419/mo*

$225,400

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $1,419/mo*
3 Beds
1 Bath
1,830 sqft
(on 0.63 acres)

Home Value

Trulia Estimate
$225K
Since last month
Decreased$3K (-1.3%)
Since last year
Increased$16K (+7.7%)
Since last sale
Increased$160K (+246.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +228% in the last 10 years
MonthEstimated value
2026
August 2026$225K
July 2026$226K
June 2026$228K
May 2026$229K
April 2026$219K
March 2026$218K
February 2026$211K
January 2026$208K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
0.17
Single-Family Home
$198,000
06/08/26
3
1
2,100
0.25
Single-Family Home
$85,900
12/12/25
2
1
1,530
0.24
Single-Family Home
$240,000
07/10/26
2
1
1,788
0.43
Single-Family Home
$184,000
01/30/26
3
1
2,364
0.06
Single-Family Home
$254,000
06/03/26
3
2
1,340
0.30
Single-Family Home
$235,000
12/22/25
3
1
2,580
0.06
Single-Family Home
$240,000
04/29/26
5
2
2,100
0.56
Single-Family Home
$140,000
03/02/26
3
2
1,254
0.38
Single-Family Home
$235,000
10/27/25
3
2
1,740
0.32
Single-Family Home
$256,000
06/01/26
3
1.5
2,154

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
0.03
$264,400
4
2
2,040
Off Market
0.04
$252,900
3
1
2,688
Off Market
0.06
$240,000
5
2
2,100
Recently Sold
0.06
$281,900
3
2
1,535
Off Market
0.06
$254,000
3
2
1,340
Recently Sold
0.08
$337,300
4
3
3,383
Off Market
0.12
$292,700
3
1.5
2,368
Off Market
0.12
$232,500
3
1
1,395
Off Market
0.13
$255,000
3
2
1,350
For Sale
0.13
$267,300
3
2
1,653
Off Market
0.15
$221,100
3
2
1,193
Off Market
0.15
$320,500
5
2
2,722
Off Market

Local Information

  • Map ViewExplore the area around 116 E Elbert St.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1947
Lot Size
0.63 acres
Living Area
1,830 sqft
Price/Sqft
$123
Parking
Garage

About this House

This single-family home is located at 116 E Elbert St, Indianapolis, IN. 116 E Elbert St is in the Southdale neighborhood in Indianapolis, IN and in ZIP code 46227. This property has 3 bedrooms, 1 bathroom and approximately 1,830 sqft of floor space. This property has a lot size of 0.63 acres and was built in 1947.
116 E Elbert St, Indianapolis, IN 46227 is a 3 bedroom, 1 bathroom, 1,830 sqft single-family home in Southdale, built in 1947. It last sold for $65,000 on Feb 12, 2016. It is currently off market. The Trulia Estimate is $225,400, with a rent estimate of $1,574/month.

Home Details for 116 E Elbert St

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Interior Details
Number of Rooms: 6
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation Type: Crawl Raised
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1947Year Updated: 1947
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 0.63 acres

Price and Tax history

DateEventPrice
Feb 12, 2016
Source: MIBOR as distributed by MLS GRID #21395658
Sold
$65,000
Jan 29, 2016
Source: Agent Provided
Pending
$61,500
Jan 22, 2016
Source: Agent Provided
Listed For Sale
$61,500
Dec 15, 2015
Source: N/A
Sold
$51,030
Sep 4, 2011
Source: Agent Provided
ListingRemoved
$79,500

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
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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 Southdale

At least 44 Trulia users voted on each feature.
  • 95 % Say car is needed

  • 82 % Say it's dog friendly

  • 80 % Say parking is easy

  • 79 % Say yards are well-kept

  • 78 % Say there's holiday spirit

  • 74 % Say kids play outside

  • 57 % Say there are sidewalks

  • 53 % Say it's quiet

  • 53 % Say they plan to stay for at least 5 years

  • 52 % Say people would walk alone at night

  • 43 % Say there's wildlife

  • 42 % Say neighbors are friendly

  • 34 % Say streets are well-lit

  • 30 % Say it's walkable to grocery stores

  • 27 % Say it's walkable to restaurants

  • 19 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "we need more public transportation and convenience stores butis very neighborly great place to raise your family and the schools is top 3 in the state , shopping is very close and everything you need is in a 3 mile radius and the highway as well downtown Indy and college campus all within a 3 mile radius from the surrounding neighborhoods "
  • Rosario Y. E. A.
    "I like this area because is so quiet and safe we have neighborhood potlucks And movies night. And every Halloween houses are decorated "
  • Maria J.
    "I like to live here because is a nice place and quite and clean and it has holiday spirit in Christmas "
  • Maria J.
    "My neighborhood is a good place to live in it has holiday spirits and good schools and is close to stores "
  • Michael C.
    "Good place to live. Very quiet and pretty safe. Homes prices are on average and homes are newer builds."
  • Brittney W.
    "seems quiet and safe. looks nice and houses are taken care of. people take care of their yards and care about the community. "
  • Bwhitescarver09
    "I've lived in this area for a year and half.everyone here are kind and friendly. schools are close and playgrounds."
  • Gerald R.
    "It’s quiet,low violence minutes from shopping and right next to the highway. Needs more diversity , but other than that it’s cool. "

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Homes for sale near 116 E Elbert St

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Off Market Homes Near 116 E Elbert St

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Frequently asked questions about 116 E Elbert St

  • What is 116 E Elbert St estimated to be worth?
    Trulia's estimated value for 116 E Elbert St in Indianapolis, IN is $225,400.
  • What is the price history for 116 E Elbert St?
    116 E Elbert St in Indianapolis, IN last sold for $65,000 in February 2016.
  • Is Indianapolis a buyer's or seller's market?
    Indianapolis is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Indianapolis?
    The median sale price in Indianapolis is $251K. That is up $10K from the prior month.
  • Does 116 E Elbert St have air conditioning?
    Yes, 116 E Elbert St in Indianapolis, IN has air conditioning.
  • How big is the lot at 116 E Elbert St?
    The lot at 116 E Elbert St in Indianapolis, IN is about 0.63 acres (27,443 sq ft).