239 E Caven St
Indianapolis, IN 46225
Near Southside
Studio
4 Baths
Studio
4 Baths
Local Information
- Map ViewExplore the area around 239 E Caven St.
- Schools3 Preschool Schools4 Elementary Schools1 Middle School4 High Schools
- Shop & Eat
-- mins to
Description
Attention investors and house hackers! Ground has just been broken on this brand-new upper/lower duplex in the highly desirable Bates-Hendricks neighborhood, just south of downtown Indianapolis. Each thoughtfully designed unit will feature an open-concept layout with a spacious living room, dining area, and kitchen, along with three bedrooms, two full baths, and a dedicated laundry room-ideal for today's renters. Located in one of Indy's fastest-growing areas, this property offers strong income potential, with projected rents ranging from $1,800 to $2,200 per month per unit. Estimated completion is set for late September, giving you the opportunity to secure a brand-new, low-maintenance asset before it hits the market. Whether you're looking to expand your investment portfolio or take advantage of a house-hacking opportunity by living in one unit and renting the other, this property checks all the boxes. Enjoy walkable access to the continued growth of Bates-Hendricks and just minutes from the dining, nightlife, and energy of nearby Fountain Square.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
78 days ago
Home Details for 239 E Caven St
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MLS Status: Active |
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Beds & Baths Number of Bathrooms: 4Number of Bathrooms (main level): 6 |
Appliances & Utilities Laundry: Laundry Room |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
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Exterior Home Features Roof: Asphalt |
Frontage Road Frontage: Not Applic |
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Cumulative Days on Market: 43Days on Market: 78 |
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Year Built Year Built: 2026 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family, DuplexStructure Type: DuplexArchitecture: Traditional |
Building Is a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Condition: New ConstructionParcel Number: 491113104056005101 |
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Price List Price: $425,000 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: IndianapolisCommunity: Hildebrands |
School Information High School District: Indianapolis Public Schools |
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Listing Agent Listing ID: 22098184 |
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Lot Area: 3484.8 sqft |
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Mls Number: 22098184 |
Last check for updates: about 5 hours ago
Listing Provided by: Rob Measel, (812) 208-0498
F.C. Tucker Company
Eric Lantz, (317) 914-8296
Source: MIBOR as distributed by MLS GRID, MLS#22098184
Also Listed on MIBOR as distributed by MLS GRID.
Market trends in Indianapolis
Last updated June 2026
Avg. sale price
$243K
$9.18KMoM
Sale-to-List Price
99.2%
0.5%MoM
Price per sq ft
$143
$3MoM
Available listings
3885
69MoM
Price History for 239 E Caven St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/28/2026 | $425,000 | Listed For Sale | MIBOR as distributed by MLS GRID #22098184 |
| 02/23/2026 | $15,000 | Sold | MIBOR as distributed by MLS GRID #22056766 |
| 02/06/2026 | $19,900 | Pending | MIBOR as distributed by MLS GRID #22056766 |
| 12/19/2025 | $19,900 | PriceChange | MIBOR as distributed by MLS GRID #22056766 |
| 11/18/2025 | $24,900 | PriceChange | MIBOR as distributed by MLS GRID #22056766 |
| 10/17/2025 | $29,900 | PriceChange | MIBOR as distributed by MLS GRID #22056766 |
| 09/16/2025 | $38,500 | PriceChange | MIBOR as distributed by MLS GRID #22056766 |
| 08/14/2025 | $44,900 | Listed For Sale | MIBOR as distributed by MLS GRID #22056766 |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $285 |
| Assessment | $12,000 |
Home facts updated by county records
Comparable Sales for 239 E Caven St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.15 | Multi-Family Home | $285,000 | 03/27/26 | 6 | 4 | - | |
0.23 | Multi-Family Home | $215,000 | 10/08/25 | 6 | 4 | - | |
0.21 | Multi-Family Home | $425,000 | 10/16/25 | 6 | 4 | - | |
0.13 | Multi-Family Home | $205,000 | 11/18/25 | 6 | 3 | - | |
0.33 | Multi-Family Home | $598,500 | 12/12/25 | 3 | 4 | - | |
0.20 | Multi-Family Home | $357,426 | 07/02/26 | 2 | 2 | - | |
0.24 | Multi-Family Home | $160,000 | 09/04/25 | 4 | 2 | - | |
0.57 | Multi-Family Home | $130,000 | 08/06/25 | 6 | 4 | - | |
0.32 | Multi-Family Home | $525,000 | 03/25/26 | 6 | 6 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
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FOR SALE
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Assigned Schools
These are the assigned schools for 239 E Caven St.
- Arsenal Technical High School
- 9-12
- Public
- 2360 Students
1/10GreatSchools RatingParent Rating AverageMy experience with the school has been excellent at distinct levels. I rate this school high in safety and teaching. The teachers are dedicated and caring. Too often, the media focuses on deficit views of the school, yet the assets offered by this school are often ignored.Parent Review3y ago - Crispus Attucks Medical Magnet High School (9-12)
- 9-12
- Public
- 1269 Students
1/10GreatSchools RatingParent Rating AverageMt child is new to Attucks this year and it has been amazing. The staff and atmosphere is wonderful for a child wi th health issues.Other Review10y ago - Francis W. Parker School 56
- PK-8
- Public
- 274 Students
4/10GreatSchools RatingParent Rating AverageI wouldn't recommend sending your children hereParent Review4y ago - James A. Garfield School 31
- PK-5
- Public
- 173 Students
3/10GreatSchools RatingParent Rating AverageReally positive. We know this school has had a pretty bad rap for years, but we wanted our kids to be a part of a neighborhood school and we have seriously had no regrets. Much has changed in the past couple years and by all accounts that change has momentum to continue to get better. At this school our child is known by a really professional staff who genuinely care about him, he is learning a lot, and the atmosphere is super positive. They also have a really great after-school program run by a local community nonprofit :-) We love this school.Parent Review6y ago - William Bell School 60 - A Butler Lab Reggio Emilia School
- PK-5
- Public
- 381 Students
5/10GreatSchools RatingParent Rating AverageAs a current 8th Grade student in this school, I love it. The style of schooling might not be for everyone but I really enjoy it. I've been here since kindergarten and loved everything from elementary to middle school. I'm mostly leaving this review as I've noticed some very negative reviews from years back when middle school was just developing. Now though the middle school is great with tons of amazing teachers. This school isn't for everybody but I would definitely recommend at least checking it out.Student Review3y ago - Center for Inquiry School 2
- K-5
- Public
- 303 Students
7/10GreatSchools RatingParent Rating AverageIt's one of the best schools definitely is preparing me college the teachers are respectful better than any public school in the area I'm in the 8th grade and the curriculum is amazingStudent Review1y ago - George Washington Community High School (9-12)
- 9-12
- Public
- 729 Students
1/10GreatSchools RatingParent Rating AverageThis school has several bright points and also many challenges. I think the school does a really good job with providing a quality place to learn; many awesome teachers, some not as great, that's the way it would go at any school. The principal cares about the students and, in my experience, so do the teachers. Maybe it's not a 5/5, but it's also not a 1, so I want to balance it out.Other Review3y ago - Shortridge High School
- 9-12
- Public
- 1206 Students
2/10GreatSchools RatingParent Rating Averagenever been here but like my online friend goes here and he's like super cooool wsp brandon how u doinOther Review2y ago 
Check out schools near 239 E Caven St.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Near Southside
At least 56 Trulia users voted on each feature.
95 % Say there are sidewalks
86 % Say yards are well-kept
81 % Say it's dog friendly
72 % Say car is needed
67 % Say kids play outside
65 % Say it's walkable to restaurants
65 % Say parking is easy
64 % Say streets are well-lit
63 % Say there's holiday spirit
59 % Say neighbors are friendly
59 % Say there's wildlife
48 % Say people would walk alone at night
43 % Say they plan to stay for at least 5 years
41 % Say it's walkable to grocery stores
41 % Say it's quiet
39 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Rob Measel, F.C. Tucker Company
Agent Phone: (812) 208-0498
Based on information submitted to the MLS GRID as of 2026-07-15 18:38:06 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
239 E Caven St, Indianapolis, IN 46225 is a studio, 4 bathroom multi-family built in 2026. 239 E Caven St is located in Near Southside, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Apr 28, 2026. The MLS # for this home is MLS# 22098184.