8139 E 48th St, Indianapolis, IN 46226
FOR SALE

8139 E 48th St
Indianapolis, IN 46226

  • 3 Beds
  • 1 Bath
  • 792 sqft

$150,000

Est. Mortgage $944/mo*
Get Pre-Qualified

$150,000

Est. Mortgage $944/mo*
Get Pre-Qualified
3 Beds
1 Bath
792 sqft
We estimate this home will sell faster than 81% nearby.

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Investor opportunity with immediate income in Lawrence. Tenant-occupied property generating $1,600/month ($19,200 annually) with lease in place through 12/31/2027, offering approximately 12.8% gross yield before expenses based on list price. Located within a small portfolio of three rental homes all within approximately .25 miles, providing potential for scale. Fenced back yard. Property is being sold as-is. No yard sign and no showings without an accepted offer. Please do not disturb tenants. Buyer to verify all information. Other property MLS #s 22095897 and 22095893
We estimate this home will sell faster than 81% nearby.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$189
Listed
10 days ago

Home Details for 8139 E 48th St

Active Status

MLS Status: Active

Interior Features

Interior Details
Number of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Kitchen
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 792 Square Feet
Appliances & Utilities
Appliances: Gas Oven, RefrigeratorRefrigerator
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Other Structures: StorageFoundation: Slab
Parking & Garage
No Garage
Farm & Range
Horse Amenities: None

Days on Market

Cumulative Days on Market: 3Days on Market: 10

Property Information

Year Built
Year Built: 1954
Property Type / Style
Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Bungalow
Building
Construction Materials: Vinyl SidingNot a New ConstructionNot Attached Property
Property Information
Parcel Number: 490807101177000407

Price & Status

Price
List Price: $150,000Price Per Sqft: $189

Location

Direction & Address
City: IndianapolisCommunity: Harrison Park
School Information
High School District: MSD Lawrence Township

Agent Information

Listing Agent
Listing ID: 22095884

Building

Building Area
Building Area: 792 Square Feet

HOA

No HOA

Lot Information

Lot Area: 6534 sqft

Listing Info

Special Conditions: As Is

Miscellaneous

Mls Number: 22095884
Last check for updates: about 4 hours ago
Listing Provided by: Mark Gill
Berkshire Hathaway Home
Source: MIBOR as distributed by MLS GRID, MLS#22095884
Also Listed on MIBOR as distributed by MLS GRID.

Price History for 8139 E 48th St

DatePriceEventSource
04/26/2026$150,000Listed For SaleMIBOR as distributed by MLS GRID #22095884
06/12/2023$134,000Sold
N/A

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Property Tax and Assessment

Year2024
Tax$1,594
Assessment$77,000
Home facts updated by county records

Comparable Sales for 8139 E 48th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
8263 E 48th St, Indianapolis, IN
0.12
Single-Family Home
$180,000
10/16/25
3
1
792
8208 E 48th St, Indianapolis, IN
0.05
Single-Family Home
$153,500
02/05/26
2
1
780
8231 E 50th St, Indianapolis, IN
0.18
Single-Family Home
$120,000
08/12/25
3
1
744
8152 Schoen Dr, Indianapolis, IN
0.08
Single-Family Home
$149,000
08/14/25
2
1
744
8047 E 48th St, Indianapolis, IN
0.11
Single-Family Home
$135,000
09/30/25
2
1
792
8243 E 48th St, Indianapolis, IN
0.11
Single-Family Home
$165,000
12/05/25
2
1
792
8210 Patton Dr, Indianapolis, IN
0.24
Single-Family Home
$122,000
07/21/25
2
1
744
8123 Patton Dr, Indianapolis, IN
0.21
Single-Family Home
$95,000
04/03/26
2
1
744
8412 E 47th St, Indianapolis, IN
0.26
Single-Family Home
$134,000
05/14/25
3
1
1,104

Assigned Schools

These are the assigned schools for 8139 E 48th St.
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.

What Locals Say about Lawrence

At least 351 Trulia users voted on each feature.

  • 91 % Say car is needed

  • 86 % Say yards are well-kept

  • 85 % Say it's dog friendly

  • 83 % Say parking is easy

  • 79 % Say there are sidewalks

  • 73 % Say kids play outside

  • 71 % Say there's holiday spirit

  • 63 % Say it's quiet

  • 53 % Say people would walk alone at night

  • 51 % Say streets are well-lit

  • 50 % Say neighbors are friendly

  • 47 % Say there's wildlife

  • 47 % Say they plan to stay for at least 5 years

  • 30 % Say it's walkable to restaurants

  • 29 % Say it's walkable to grocery stores

  • 28 % Say there are community events

Learn more about our methodology.
  • Jakki Brooks
    "Easy to live here. Can afford surrounded . Need to be close to the family . Security is well worth it"
    0
    Flag
  • Nicunurse2004
    "Dogs are always welcome. Owners are expected to pick up after their dogs. Some do not owners are very corrective about this."
    0
    Flag
  • Real Raw
    "Certain parts of Lawrence are okay but the people makes it horrible, they’re dirty, have no respect for the neighbors better yet themselves that’s why it’s so cheap bc the people makes it not so nice to live here "
    0
    Flag
  • Trulia User
    "You need a vehicle to commute to most anywhere. There is a bus stop on 46th street. The bus system in Indianapolis is inefficient. It takes an excessive amount of time to travel anywhere except downtown. The bus stop in not covered"
    0
    Flag
  • Linda A.
    "Keeping there dog attended and not wondering around the. neighborhood. It’s a lot of residents that have dogs especially Pitbull so you have to be careful what street you talk a way on."
    0
    Flag
  • Alissa R.
    "it's difficult if you dont have a car. but a lot of places are within walking distance. sometimes you can get a lyft for cheap and quickly. "
    0
    Flag
  • Claire R.
    "I live and went to high school here. Everyone in Kensington Farms takes pride of ownership in their homes, lawns, and neighborhood. The fire department is excellent and so are the EMT's who go to calls with them. "
    0
    Flag
  • Amy P.
    "Near great schools and safe friendly neighborhood. Many children for our children to play with. Xxxx"
    0
    Flag
  • Queelaladerson
    "My neighborhood is great. The neighbor are friendly. Lots of families with kids and pets. Very quiet"
    0
    Flag
  • Nicunurse2004
    "There are great families in our neighborhood and several ponds surrounded by homes! Lots of sports for youth and great schools. Peaceful area!"
    0
    Flag
  • Gary
    "lived in this area for many years very convenient with many places to shop grocery stores, restaurants, auto repair etc."
    0
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  • Makaila B.
    "it's getting worse everyday. it used to just be indy, but it spreads closer and closer. schools arent awful, but they sure arent great"
    0
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  • Nicunurse2004
    "We have lived here for over 20 years and find it very peaceful and secure and good home values! Many of our neighbors have lived here as long as we have love you can count on them if you’re in a pinch!"
    0
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  • Ericka H.
    "I like Lawrence Township it’s a great place to raise your family and make friends stores are close by Mozzo convenient for most essential needs great place for children to play outside with friends "
    0
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  • Ericka H.
    "I like Lawrence it’s a wonderful area to raise your children I want to please I really involved and try really hard to keep the neighbor hood safe I wish they would update the homes but over all great"
    0
    Flag
  • Jada C.
    "The 4th of July parade is really nice but the candy hurts when they throw it sometimes. Other than that they don’t do much in Lawrence that’s “special”."
    0
    Flag
  • Denise D.
    "I have lived in Lawrence the past 15 years. I like the community, lots of grocery stores to choose from and restaurants! Most people are friendly and I enjoy living in Lawrence!"
    0
    Flag
  • Lynn D.
    "Plenty of well maintained sidewalks for walking. Area is safe. Very pet friendly. People do pick up after their dogs. "
    0
    Flag
  • Jamie S.
    "Nice parks. People say hi to each other. It is nice. Seems to be an up and coming area. Room for more growth. "
    0
    Flag
  • Natasha G.
    "The neighborhood is good if it’s not near post road around 42nd street. I would say German church road around 46th street and stay north is the better areas to reside. "
    0
    Flag
  • Kendra H.
    "I lived in this neighborhood for 6 years and I love it, the school system is good, and the resident’s look out for each other"
    0
    Flag
  • Tyandtracy4.14.14
    "I drive everywhere I go as bus service isn’t convenient in my area. Busses are available in other areas but not those further away from the city."
    0
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  • Linda A.
    "The Catholic Church by my home present summer fair yearly for the community. The community does not offer a lot of event. "
    0
    Flag
  • Carla Y.
    "We have a Jazz in the park we have farmers market and then we have the Fort Harrison Nature parkWe have a lot of dog parks we have a lot of friendly people it’s just like a big family"
    0
    Flag
  • Fanchon B.
    "Please keep children out of street, and in yards or sidewalks. So many fast drivers throughout neighborhood. Seen a young girl get hit on bike and driver kept going. "
    0
    Flag
  • Yep
    "not a great neighborhood to raise kids. it's quite sad because I have grown up here but Lawrence has gone completely and entirely downhill"
    0
    Flag
  • Lady U.
    "I've lived in this neighborhood for 2 years and went to LNHS for high school. The neighborhood is beautiful, homes were built to last and of quality. Neighbors take pride on their homes and landscaping which make it pleasant to come home to and be proud to live here."
    0
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  • Mrs. D
    "the commute is great. local store in 5-10 min range. High traffic in the morning, but not congested. slower traffic in the evening. "
    0
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  • Dee N.
    "Great neighborhood, somewhat diverse. Like a area and would recommend for families. property value to high in some neighborhoods. Ask for too much with no updated features in home. "
    0
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  • Cdice
    "nice neighborhood, everyone on my street communicates, looks out for eachother and keep up with the yards well. we feel comfortable and safe"
    0
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  • SR
    "The teens ask their neighbors for permission before having an event to make sure they aren’t bothered. "
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  • Candace P.
    "I’ve been living in area for 2 years it’s quiet half the time. My neighbors are pleasant, take pride in maintaining their yards. The apartments in area well 2 are under new management the Residence Apartments are nice. The Lenox still under renovations no comment."
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  • Kassybride95
    "Everyone keeps to themselves. Railroad is just down the block and two close gas stations down the road. Semi-safe area but would not suggest going out after dark."
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  • Mia T.
    "I’m not a dog owner however it seems like our community is dog friendly and we have plenty of parks and trails for one to walk their dog. "
    0
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  • Candace P.
    "My apartment community is smaller than any other place I’ve lived in. Neighbors are pleasant and the area is in my opinion a prime area. Minute away from Castleton Square and wide variety of stores and restaurants. "
    0
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  • Toni L. A.
    "good neighborhood for children to grow up. quiet and friendly neighbors easily accessible to restaurants and stores"
    0
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  • Maria M.
    "dogs on leashes only. not too many stray pets. most yards are fenced. families walking dogs is very common. "
    0
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  • Monique B.
    "It’s a spacious environment where dogs have room to run free and use the bathroom when they need to. Everyone with dogs here are also pretty friendly to other dog owners "
    0
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LGBTQ Local Legal Protections

Mark Gill, Berkshire Hathaway Home
Based on information submitted to the MLS GRID as of 2026-05-06 10:28:16 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
8139 E 48th St, Indianapolis, IN 46226 is a 3 bedroom, 1 bathroom, 792 sqft single-family home built in 1954. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Apr 26, 2026. The MLS # for this home is MLS# 22095884.