1237 E  Perry St, Indianapolis, IN 46227
OFF MARKET

1237 E Perry St
Indianapolis, IN 46227

University Heights
  • 3 Beds
  • 1 Bath
  • 1,198 sqft

$167,800

Trulia Estimate
as of Aug 8, 2026

$167,800

Trulia Estimate
as of Aug 8, 2026
3 Beds
1 Bath
1,198 sqft

Local Information

  • Map ViewExplore the area around 1237 E Perry St.
  • Schools3 Preschool Schools4 Elementary Schools2 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1968
Living Area
1,198 sqft
Price/Sqft
$140
Parking
Garage

About this House

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. It is currently off market. The Trulia Estimate is $167,800, with a rent estimate of $1,351/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

Price History for 1237 E Perry St

DatePriceEventSource
09/12/2024$1,300ListingRemovedZillow Rentals
08/21/2024$1,300Listed For RentZillow Rentals
06/04/2024$140,000Sold
N/A
05/20/2015$76,500Sold
MIBOR as distributed by MLS GRID #21346358
04/14/2015$73,900Listed For SaleAgent Provided
04/08/2005$84,900Sold
MIBOR as distributed by MLS GRID #2501017

Market trends in Indianapolis

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$243K
$9.18K
MoM
Sale-to-List Price
99.2%
0.5%
MoM
Price per sq ft
$143
$3
MoM
Available listings
3885
69
MoM
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Property Tax and Assessment

Year2025
Tax$1,520
Assessment$161,100
Home facts updated by county records

Comparable Sales for 1237 E Perry St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.08
Single-Family Home
$170,000
12/30/25
3
1.5
1,325
0.16
Single-Family Home
$180,000
02/13/26
4
1
1,465
0.16
Single-Family Home
$197,000
04/27/26
2
1
1,200
0.06
Single-Family Home
$110,000
09/29/25
3
1
2,856
0.15
Single-Family Home
$139,900
06/29/26
2
1
780
0.17
Single-Family Home
$93,000
06/01/26
3
1
840
0.38
Single-Family Home
$136,000
04/21/26
3
1
1,407
0.36
Single-Family Home
$125,000
02/27/26
3
1
1,008
0.36
Single-Family Home
$173,156
11/19/25
3
1
1,032
0.40
Single-Family Home
$139,900
06/10/26
3
1
912

Nearby homes

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Assigned Schools

These are the assigned schools for 1237 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

  • 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."

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Homes for sale near 1237 E Perry St

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Off Market Homes Near 1237 E Perry St

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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 $167,800.
  • 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 balanced market, based on recent for-sale activity.
  • What's the median sale price in Indianapolis?
    The median sale price in Indianapolis is $243K. That is up $9.18K 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.