$295,000
Original price: $365,000
6 Beds
4 Baths
641 E 31st St, Indianapolis, IN 46205
Est. Mortgage $1,856/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1915
Local Information
- Map ViewExplore the area around 641 E 31st St.
- Schools9 Preschool Schools11 Elementary Schools4 Middle Schools4 High Schools
- Shop & Eat
-- mins to
About this House
Investors take note. Duplex with 3 bedrooms and 1 1/2 bathrooms on each side. Solid surface flooring throughout. Main levels feature large living space connected to upgraded kitchen area. 3 bedrooms on the upper level with spacious room sizes as well. Unit A is vacant and Unit B will be vacant by September 15th. Easy access to downtown and nearby amenities makes this an attractive offering for investors or someone wanting to live on one side with passive income on the other side.
Last check for updates: about 16 hours ago
Listing Provided by: Marty Matlock
Matlock Realty Group
Source: MIBOR as distributed by MLS GRID, MLS#22112637
Also Listed on MIBOR as distributed by MLS GRID.
Home Details for 641 E 31st St
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MLS Status: Active |
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Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 4Number of Bathrooms (main level): 6 |
Appliances & Utilities Laundry: Connections All |
Heating & Cooling Heating: Forced Air,Natural GasHas CoolingAir Conditioning: None,Separate MetersHas HeatingHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Levels: Multi/Split |
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Exterior Home Features Foundation: Block |
Parking & Garage Other Parking: Unit Parking(On Street)No CarportNo Attached GarageParking: Alley Access |
Frontage Road Frontage: City Street, Not ApplicRoad Surface Type: Asphalt |
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Cumulative Days on Market: 30Days on Market: 46 |
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Year Built Year Built: 1915 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family, DuplexStructure Type: DuplexArchitecture: Craftsman |
Building Building: OtherConstruction Materials: Vinyl Siding, Vinyl With StoneNot a New ConstructionNo Additional Parcels |
Property Information Usage of Home: Apt<20, ResidentialParcel Number: 490624138166000101 |
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Price List Price: $295,000 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: IndianapolisCommunity: Boulevard Square |
School Information High School District: Indianapolis Public Schools |
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Listing Agent Listing ID: 22112637 |
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Lot Area: 2613.6 sqft |
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Expense Tenant Pays: All Utilities |
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Owner Pays: Insurance, Grounds Care, Taxes |
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BasementMls Number: 22112637 |
Around this home
- Carl Wilde School 79
- PK-5
- Public
- 472 Students
4/10GreatSchools RatingParent Rating Average
No reviews available for this school. - Ernie Pyle School 90
- PK-5
- Public
- 268 Students
4/10GreatSchools RatingParent Rating AverageNo reviews available for this school. - James Whitcomb Riley School 43
- PK-5
- Public
- 240 Students
4/10GreatSchools RatingParent Rating AverageNo reviews available for this school. - Jonathan Jennings School 109
- PK-5
- Public
- 275 Students
3/10GreatSchools RatingParent Rating AverageWhenever they host an event, the parents park wherever they want, sucg as the street, the houses in front of them, and they just overflow the parking lot.Other Review1y ago - Lew Wallace School 107
- PK-5
- Public
- 440 Students
4/10GreatSchools RatingParent Rating AverageMy daughter has been going here since second grade and she always came home and told me what an amazing experience she had, this school treats their students very well. 6th grade teacher Mr Carr he taught my daughter math very well and i am proud to see m daughter having teachers that can help her and support her and do their job.Parent Review2y ago - Meredith Nicholson School 96
- PK-5
- Public
- 391 Students
5/10GreatSchools RatingParent Rating AverageThis is the worst experience ever for my daughter and I with bullying racism and lack of teachingParent Review1y ago - William Bell School 60 - A Butler Lab Reggio Emilia School
- PK-5
- Public
- 381 Students
4/10GreatSchools 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 - Clarence Farrington School 61
- PK-5
- Public
- 451 Students
3/10GreatSchools RatingParent Rating AverageNo reviews available for this school. - George Washington Carver School 87
- PK-5
- Public
- 246 Students
3/10GreatSchools RatingParent Rating AverageNo reviews available for this school.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Mapleton-Fall Creek
At least 48 Trulia users voted on each feature.
91 % Say there are sidewalks
85 % Say it's dog friendly
83 % Say yards are well-kept
79 % Say car is needed
74 % Say parking is easy
68 % Say neighbors are friendly
64 % Say kids play outside
59 % Say there's holiday spirit
54 % Say streets are well-lit
43 % Say there's wildlife
41 % Say there are community events
41 % Say they plan to stay for at least 5 years
40 % Say it's quiet
37 % Say people would walk alone at night
36 % Say it's walkable to restaurants
12 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
Market trends in Indianapolis
Last updated August 2026
Avg. sale price
$257K
$6.7KMoM
Sale-to-List Price
99.7%
0.1%MoM
Price per sq ft
$145
$1MoM
Available listings
4241
187MoM
Home Value
Trulia Estimate
$289KSince last month
Decreased$60K (-17.3%)Since last year
Decreased$64K (-18%)Since last sale
Decreased$61K (-17.5%)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 +371% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $289K |
| August 2026 | $284K |
| July 2026 | $349K |
| June 2026 | $356K |
| May 2026 | $348K |
| April 2026 | $350K |
| March 2026 | $348K |
| February 2026 | $351K |
| January 2026 | $339K |
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 |
|---|---|---|---|---|---|---|---|
0.16 | Multi-Family Home | $295,000 | 08/20/26 | 6 | 4 | - | |
0.22 | Multi-Family Home | $235,000 | 08/03/26 | 8 | 4 | - | |
0.17 | Multi-Family Home | $422,000 | 03/09/26 | 6 | 6 | - | |
0.29 | Multi-Family Home | $295,000 | 07/20/26 | 6 | 4 | - | |
0.33 | Multi-Family Home | $400,000 | 01/27/26 | 6 | 4 | - | |
0.28 | Multi-Family Home | $496,110 | 03/25/26 | 6 | 4 | - | |
0.22 | Multi-Family Home | $310,000 | 04/10/26 | 6 | 2 | - | |
0.05 | Multi-Family Home | $301,000 | 10/27/25 | 4 | 2 | - | |
0.35 | Multi-Family Home | $284,265 | 07/08/26 | 6 | 4 | - | |
0.22 | Multi-Family Home | $325,000 | 03/10/26 | 6 | 2 | - |
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 | $290,800 | 4 | 3 | 2,599 | Off Market | |
0.01 | $235,900 | 6 | 2 | 1,690 | Off Market | |
0.03 | $266,700 | 3 | 2 | 2,171 | Off Market | |
0.02 | $366,800 | 6 | 4 | - | Off Market | |
0.05 | $279,900 | 3 | 2.5 | 2,340 | For Sale | |
0.05 | $301,800 | 4 | 2 | - | Off Market | |
0.06 | $281,700 | 3 | 2 | 2,935 | Off Market | |
0.06 | $299,900 | 3 | 2.5 | 3,466 | For Sale | |
0.07 | $390,400 | 4 | 3.5 | 2,882 | Off Market | |
0.07 | $285,000 | 4 | 3.5 | 3,440 | For Sale | |
0.07 | $399,900 | 4 | 3 | 2,462 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 29, 2026 Source: MIBOR as distributed by MLS GRID #22112637 | PriceChange | $295,000 Price decreased by 19% |
Aug 12, 2026 Source: MIBOR as distributed by MLS GRID #22112637 | PriceChange | $365,000 Price decreased by 3% |
Jul 31, 2026 Source: MIBOR as distributed by MLS GRID #22112637 | Listed For Sale | $375,000 |
Jun 29, 2022 Source: N/A | Sold | $350,000 |
Sep 16, 2021 Source: N/A | Sold | $341,000 |
Aug 14, 2020 Source: N/A | Sold | $99,000 |
Sep 10, 2015 Source: N/A | Sold | $17,500 |
Jul 23, 2015 Source: N/A | Sold | $8,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $7,214 | $314,400 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Marty Matlock, Matlock Realty Group
Based on information submitted to the MLS GRID as of 2026-09-14 16:43:00 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 641 E 31st St
- What is the estimated monthly payment for 641 E 31st St?Based on a $295,000 list price with 20% down at today's rates, the estimated monthly payment for 641 E 31st St in Indianapolis, IN is approximately $1,921 (about $1,610 principal & interest, $236 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 641 E 31st St compare to homes in Indianapolis?641 E 31st St in Indianapolis, IN is listed at $295,000, about 15% above the $257K median sale price in Indianapolis.
- What do residents say about the Mapleton-Fall Creek neighborhood?Residents describe the Mapleton-Fall Creek neighborhood in Indianapolis, IN as pedestrian-friendly, dog-friendly, and well-kept. See homes for sale in Mapleton-Fall Creek, Indianapolis.
- What are the closest schools to 641 E 31st St?The closest schools to 641 E 31st St in Indianapolis, IN are Arsenal Technical High School (rated 2/10), Carl Wilde School 79 (Pre-K/Elementary, rated 4/10), Clarence Farrington School 61 (Pre-K/Elementary, rated 3/10).
- Does 641 E 31st St have air conditioning?Yes, 641 E 31st St in Indianapolis, IN has air conditioning.
- Does 641 E 31st St have laundry facilities?Yes, 641 E 31st St in Indianapolis, IN has laundry facilities.
641 E 31st St, Indianapolis, IN 46205 is a 6 bedroom, 4 bathroom multi-family built in 1915. 641 E 31st St is located in Mapleton-Fall Creek, Indianapolis. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Jul 31, 2026. The MLS # for this home is MLS# 22112637.