8246 E 48th St, Indianapolis, IN 46226
Property image
Property image
OFF MARKET

$114,800

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 900 sqft

8246 E 48th St, Indianapolis, IN 46226

Est. Refi. Payment $758/mo*
Refinance Your Home
Currently Off Market - Sold Jul 25, 2014 for $41,000

Home Value

Trulia Estimate
$115K
Since last month
Decreased$3K (-2.1%)
Since last year
Decreased$9K (-7.3%)
Since last sale
Increased$74K (+180%)
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 +156% in the last 10 years
MonthEstimated value
2026
August 2026$115K
July 2026$117K
June 2026$123K
May 2026$123K
April 2026$122K
March 2026$123K
February 2026$124K
January 2026$121K
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
7325 E 53rd St, Indianapolis, IN
1.01
Multi-Family Home
$195,000
08/12/26
3
1
-
7642 E 34th St, Indianapolis, IN
1.91
Multi-Family Home
$110,000
10/21/25
3
1
804
5356 N Kercheval Dr, Indianapolis, IN
1.09
Multi-Family Home
$170,000
08/17/26
4
2
-
8820 E 45th St, Indianapolis, IN
0.64
Multi-Family Home
$270,000
01/06/26
4
4
-
7150 E 43rd St, Indianapolis, IN
1.35
Multi-Family Home
$170,000
11/18/25
4
2
-
10208 E 46th St, Indianapolis, IN
1.86
Multi-Family Home
$188,000
09/05/25
2
1
-
5935 Devington Rd, Indianapolis, IN
2.36
Multi-Family Home
$375,000
06/29/26
2
1
-
5115 Banbury Rd, Indianapolis, IN
2.03
Multi-Family Home
$327,500
03/03/26
4
2
-
5315 E 38th St, Indianapolis, IN
3.30
Multi-Family Home
$64,000
11/03/25
2
-
792
3918 N Grand Ave, Indianapolis, IN
3.44
Multi-Family Home
$51,000
06/26/26
2
1
-

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
8243 E 48th St, Indianapolis, IN 46226
0.03
$165,000
2
1
792
Recently Sold
8263 E 48th St, Indianapolis, IN 46226
0.05
$180,500
3
1
792
Off Market
8217 E 48th St, Indianapolis, IN 46226
0.06
$107,727
3
1
792
Recently Sold
E, Indianapolis, IN 46226
0.08
$172,800
3
1
792
Off Market
8303 E Schoen Dr, Indianapolis, IN 46226
0.02
$115,600
2
1
936
Off Market
8203 E 48th St, Indianapolis, IN 46226
0.09
$109,900
3
1
792
For Sale
8208 E 48th St, Indianapolis, IN 46226
0.08
$153,500
2
1
780
Recently Sold
8219 Schoen Dr, Indianapolis, IN 46226
0.08
$173,000
3
1
816
Off Market
8304 Schoen Dr, Indianapolis, IN 46226
0.05
$157,000
3
1
1,128
Recently Sold
8207 Schoen Dr, Indianapolis, IN 46226
0.10
$179,500
3
2
1,272
Off Market
8139 E 48th St, Indianapolis, IN 46226
0.12
$136,364
3
1
792
Recently Sold
8231 E 50th St, Indianapolis, IN 46226
0.07
$170,000
3
1
744
Recently Sold

Local Information

  • Map ViewExplore the area around 8246 E 48th St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1954
Living Area
900 sqft
Price/Sqft
$128

About this House

Nice SF Handyman Special for Sale located in Lawrence Township at 8246 E 48th Street Indianapolis, IN 46226! The house has 800 SqFt of living area, it was converted to 2br but can easily be converted back to a 3br with one bath, with a large backyard and privacy fence. The furnace and water heater were replaced in 1999, there is a built in fan the filters air throughout the house, and there is an active alarm system in place. The house is priced to sell at $21,000. Drive by and give me a call to see the inside.

Video and Walk Through:

http://www.flickr.com/photos/76034152@N07/sets/72157629733818638/
8246 E 48th St, Indianapolis, IN 46226 is a 2 bedroom, 1 bathroom, 900 sqft multi-family built in 1954. It last sold for $41,000 on Jul 25, 2014. More recently, it was listed as a rental in August 2018 with an asking price of $750 per month. That rental listing was removed on August 18, 2018. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $114,800, with a rent estimate of $1,153/month.

Home Details for 8246 E 48th St

Interior Features

Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Hardwood
Interior Details
AtticNumber of Rooms: 4Types of Rooms: Walk In ClosetCeiling Fan
Appliances & Utilities
DryerRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: Other

Property Information

Year Built
Year Built: 1954Year Updated: 1954
Property Type / Style
Property Type: Multi FamilyArchitecture: Bungalow

Rental Terms, Policies & Fees

Furnished

Community

Units in Building: 1

Lot Information

Lot Area: 5924 sqft

Price and Tax history

DateEventPrice
Aug 18, 2018
Source: Agent Provided
ListingRemoved
$750
Aug 7, 2018
Source: Agent Provided
Listed For Rent
$750
Jul 25, 2014
Source: MIBOR as distributed by MLS GRID #21302782
Sold
$41,000
Oct 18, 2013
Source: Agent Provided
ListingRemoved
$46,900
Aug 6, 2013
Source: Agent Provided
PriceChange
$46,900
Price decreased by 6%

Market trends in Lawrence

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$269K
$1.15KMoM
Sale-to-List Price
100.0%
0.2%MoM
Price per sq ft
$143
$6MoM
Available listings
142
10MoM

Around this home

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 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.
  • Jakki Brooks
    "Easy to live here. Can afford surrounded . Need to be close to the family . Security is well worth it"
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  • Nicunurse2004
    "Dogs are always welcome. Owners are expected to pick up after their dogs. Some do not owners are very corrective about this."
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  • 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 "
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  • 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
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  • 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."
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  • 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. "
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    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
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  • 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!"
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  • 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!"
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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
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  • 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
    Flag
  • 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."
    0
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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
    Flag
  • 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
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 8246 E 48th St

  • What is 8246 E 48th St estimated to be worth?
    Trulia's estimated value for 8246 E 48th St in Indianapolis, IN is $114,800.
  • What is the price history for 8246 E 48th St?
    8246 E 48th St in Indianapolis, IN last sold for $41,000 in July 2014.
  • Is Indianapolis a buyer's or seller's market?
    Indianapolis is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Indianapolis?
    The median sale price in Indianapolis is $269K. That is up $1.15K from the prior month.
  • Does 8246 E 48th St have laundry facilities?
    Yes, 8246 E 48th St in Indianapolis, IN has in-unit laundry.

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Off Market Homes Near 8246 E 48th St

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