1237 E Perry St, Indianapolis, IN 46227
OFF MARKET

$163,600

Trulia Estimate
as of Sep 23, 2026
  • 3 Beds
  • 1 Bath
  • 1,198 sqft

1237 E Perry St, Indianapolis, IN 46227

University Heights

Home Highlights

Single-Family Home
Built in 1968
1,198 sqft
$137/sqft
Garage

Local Information

  • Map ViewExplore the area around 1237 E Perry St.
  • Schools9 Preschool Schools12 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Central airHuge detached garage
This is a 3 bedroom/1 bath single family home located in Center Township. The home comes with a refrigerator, stove/oven, microwave, dishwasher, and central air! This homes has a huge detached garage and is close to Fountain Square and just minutes to Downtown Indy. Centrally located near schools, parks, and shopping. Pets are welcome. This home does not accept section 8. All properties prohibit smoking/vaping. LEASE TERMS: 12 months. UTILITIES: Electric Stove Hook-up, Electric Dryer Hook-up, Gas Furnace, Gas Water Heater. TENANT PAYS: All Utilities. CENTRAL AIR: Yes Pet Deposit/Pet Policy: A maximum of 2 pets per property will be allowed with a non-refundable pet fee of $300. There will be a $30 per pet per month charge for pet rent. The following breeds are restricted: Pit Bull and Rottweiler. By applying for eligible properties, Resident understands and agrees to auto-enrollment in the Asset Protect Renters Insurance Policy for $16.00/month without demand, payable with rent as outlined. This includes the mandatory $100,000 liability policy as well as $10,000 in personal property protection for the resident, OR Tenant must provide a copy of their Renters Insurance policy with CityPlace PM as Additional Interest PRIOR to moving in.
1237 E Perry St, Indianapolis, IN 46227 is a 3 bedroom, 1 bathroom, 1,198 sqft single-family home in University Heights, built in 1968. It last sold for $140,000 on Jun 4, 2024 (10,669% above the $1,300 asking price). More recently, it was listed as a rental in August 2024 with an asking price of $1,300 per month. That rental listing was removed on September 12, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $163,600, with a rent estimate of $1,226/month.

Home Details for 1237 E Perry St

Property Information

Year Built
Year Built: 1968
Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: Contact For Details

Interior Features

Appliances & Utilities
DishwasherMicrowaveRefrigerator
Heating & Cooling
Air ConditioningCooling System: Central Air
Levels, Entrance, & Accessibility
Floors: Hardwood

Exterior Features

Parking & Garage
GarageParking: Garage, On Site

Comparable Sales for 1237 E Perry St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1534 Bacon St, Indianapolis, IN
0.18
Single-Family Home
$140,700
12/01/25
3
1
912 sqft
1226 Bacon St, Indianapolis, IN
0.08
Single-Family Home
$170,000
12/30/25
3
1.5
1,325 sqft
1529 Martin St, Indianapolis, IN
0.16
Single-Family Home
$180,000
02/13/26
4
1
1,465 sqft
1152 Knox St, Indianapolis, IN
0.16
Single-Family Home
$197,000
04/27/26
2
1
1,200 sqft
1219 Martin St, Indianapolis, IN
0.06
Single-Family Home
$110,000
09/29/25
3
1
2,856 sqft
1228 Knox St, Indianapolis, IN
0.15
Single-Family Home
$139,900
06/29/26
2
1
780 sqft
1124 E Murry St, Indianapolis, IN
0.17
Single-Family Home
$93,000
06/01/26
3
1
840 sqft
1802 Martin St, Indianapolis, IN
0.38
Single-Family Home
$136,000
04/21/26
3
1
1,407 sqft
3134 Asbury St, Indianapolis, IN
0.36
Single-Family Home
$125,000
02/27/26
3
1
1,008 sqft
1715 E Troy Ave, Indianapolis, IN
0.36
Single-Family Home
$173,156
11/19/25
3
1
1,032 sqft

Nearby homes

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Rental Market Trends in University Heights

Last updated Sep 2026
Trulia Rent Estimate$1,226/mo
Average rent
$1.4K
$100MoM
Available listings
28
View rental market trends in Indianapolis, IN

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

University Heights
See Local Highlights
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"
    0
    Flag
  • Lauren Geist
    "Many dog owners in this neighborhood. Friendly owners that take care of their furry family members!!!! "
    0
    Flag
  • 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. "
    0
    Flag
  • Trulia User
    "When taking our your dog there be dropping everywhere because people are too lazy to just pick their dogs dropppings."
    0
    Flag
  • 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 .."
    1
    Flag
  • 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. "
    4
    Flag
  • 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. "
    0
    Flag
  • 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"
    5
    Flag
  • 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. "
    8
    Flag
  • 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. "
    2
    Flag
  • 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. "
    1
    Flag
  • Audreyrenee2012
    "There are many parks in the area. It is a very safe and friendly place to live. There are stores and schools nearby."
    0
    Flag
  • 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."
    1
    Flag
  • 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"
    0
    Flag
  • 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!"
    0
    Flag
  • 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."
    1
    Flag

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Sep 12, 2024
Source: Zillow Rentals
ListingRemoved
$1,300
Aug 21, 2024
Source: Zillow Rentals
Listed For Rent
$1,300
Jun 4, 2024
Source: N/A
Sold
$140,000
May 20, 2015
Source: MIBOR as distributed by MLS GRID #21346358
Sold
$76,500
Apr 14, 2015
Source: Agent Provided
Listed For Sale
$73,900

Frequently asked questions about 1237 E Perry St

  • What is 1237 E Perry St estimated to be worth?
    Trulia's estimated value for 1237 E Perry St in Indianapolis, IN is $163,600.
  • What is the price history for 1237 E Perry St?
    1237 E Perry St in Indianapolis, IN last sold for $140,000 in June 2024.
  • 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 $257K. That is up $6.7K from the prior month.
  • Does 1237 E Perry St have air conditioning?
    Yes, 1237 E Perry St in Indianapolis, IN has air conditioning.
  • Does 1237 E Perry St have a garage?
    Yes, 1237 E Perry St in Indianapolis, IN has a garage.

Homes for rent near 1237 E Perry St

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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