8217 E 48th St
Indianapolis, IN 46226
- 3 Beds
- 1 Bath
- 792 sqft
$107,727
Last Sold: Jul 17, 2026
20% below list $135K
$136/sqft
Est. Refi. Payment $709/mo*
$107,727
Last Sold: Jul 17, 2026
20% below list $135K
$136/sqft
Est. Refi. Payment $709/mo*
3 Beds
1 Bath
792 sqft
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1954
Living Area
792 sqft
Price/Sqft
$136/sqft
Parking
Garage
Description
Investor opportunity with immediate income in Lawrence. Tenant-occupied property generating $1,200/month ($14,400 annually) with lease in place through 12/31/2027, offering approximately 10.7% 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 MLS #s: 22095884 and 22095897
8217 E 48th St, Indianapolis, IN 46226 is a 3 bedroom, 1 bathroom, 792 sqft single-family home built in 1954. It last sold for $107,727 on Jul 17, 2026 (20% below the $135,000 asking price). It is currently off market. The Trulia Estimate is $131,400, with a rent estimate of $1,231/month.
Home Details for 8217 E 48th St
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MLS Status: Sold |
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Interior Details Number of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Living Room |
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: Electric Cooktop, Dishwasher, Gas Water HeaterDishwasher |
Heating & Cooling Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1Levels: One |
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Exterior Home Features Patio / Porch: PatioFencing: Fenced, FullFoundation: Slab |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached |
Farm & Range Horse Amenities: None |
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Cumulative Days on Market: 54 |
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Year Built Year Built: 1954 |
Property Type / Style Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Bungalow,Mid-Century Modern |
Building Construction Materials: Vinyl SidingNot a New ConstructionNot Attached Property |
Property Information Parcel Number: 490807101113000407 |
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Price List Price: $135,000Price Per Sqft: $136/sqft |
Status Change & Dates Off Market Date: Wed Jun 17 2026 |
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Direction & Address City: IndianapolisCommunity: Harrison Park |
School Information High School District: MSD Lawrence Township |
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Building Area Building Area: 792 Square Feet |
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No HOA |
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Lot Area: 8276.4 sqft |
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Special Conditions: As Is |
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Mls Number: 22095893 |
Last check for updates: about 2 hours ago
Listed by Mark Gill
Berkshire Hathaway Home
Bought with: Mark Gill, Berkshire Hathaway Home
Source: MIBOR as distributed by MLS GRID, MLS#22095893

Price History for 8217 E 48th St
| Date | Price | Event | Source |
|---|---|---|---|
| 07/17/2026 | $107,727 | Sold | MIBOR as distributed by MLS GRID #22095893 |
| 06/18/2026 | $135,000 | Pending | MIBOR as distributed by MLS GRID #22095893 |
| 04/26/2026 | $135,000 | Listed For Sale | MIBOR as distributed by MLS GRID #22095893 |
| 01/04/2011 | $74,900 | ListingRemoved | Agent Provided |
| 11/08/2010 | $74,900 | PriceChange | Agent Provided |
| 09/18/2010 | $79,900 | Listed For Sale | Agent Provided |
Market trends in Lawrence
Last updated June 2026
Avg. sale price
$271K
$12.33KMoM
Sale-to-List Price
99.8%
1.0%MoM
Price per sq ft
$150
$3MoM
Available listings
152
12MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $1,583 |
| Assessment | $79,300 |
Home facts updated by county records
Comparable Sales for 8217 E 48th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.07 | Single-Family Home | $136,364 | 07/17/26 | 3 | 1 | 792 | |
0.06 | Single-Family Home | $180,000 | 10/16/25 | 3 | 1 | 792 | |
0.04 | Single-Family Home | $165,000 | 12/05/25 | 2 | 1 | 792 | |
0.11 | Single-Family Home | $170,000 | 05/27/26 | 3 | 1 | 744 | |
0.18 | Single-Family Home | $100,000 | 07/07/26 | 2 | 1 | 744 | |
0.03 | Single-Family Home | $153,500 | 02/05/26 | 2 | 1 | 780 | |
0.11 | Single-Family Home | $149,000 | 08/14/25 | 2 | 1 | 744 | |
0.16 | Single-Family Home | $146,000 | 05/29/26 | 2 | 1 | 744 | |
0.19 | Single-Family Home | $95,000 | 04/03/26 | 2 | 1 | 744 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 8217 E 48th St.
What Locals Say about Lawrence
At least 352 Trulia users voted on each feature.
91 % Say car is needed
86 % Say it's dog friendly
86 % Say yards are well-kept
83 % Say parking is easy
78 % 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
50 % Say neighbors are friendly
50 % Say streets are well-lit
47 % Say there's wildlife
47 % Say they plan to stay for at least 5 years
30 % Say it's walkable to restaurants
28 % Say it's walkable to grocery stores
28 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 8217 E 48th St
Off Market Homes Near 8217 E 48th St

Based on information submitted to the MLS GRID as of 2026-07-21 12:48:16 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

