Price Reduction
Address
3130 N Olney Street, Indianapolis, IN
Price
$ 149,899
Property Attributes
- MLS#22109591
- TypeSingle Family
- Listing Status Active
- CountyMARION
- CityIndianapolis
- AreaCenter
- NeighborhoodNorth Plaza
- Zip46218
- StyleRanch
- Year Built1968
- Taxes$ 1426
- Price$ 149,899
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms1
- Sqr Footage1044
- Lot Size0.13 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description
Strong-yield investment opportunity on Indianapolis' near northeast side, offered at $149,899 and leased at $1,735 per month, one of the highest rent-to-price ratios in this portfolio. Built in 1968, this is the newest building in the group, offering three bedrooms, one full and one half bathroom, and approximately 1,044 square feet on a slab foundation. The property is currently occupied under a one-year lease with approximately eight months remaining, delivering income from the closing table with no turnover or lease-up period. System ages include roof at eight to ten years, furnace and air conditioning at six to eight years, water heater at four years, and flooring at two to four years, with no reported plumbing or electrical issues. The property has required one maintenance call in the last six months and the tenant pays all utilities. No open code violations or liens. Located just east of the Indiana State Fairgrounds and minutes from Brookside Park in a corridor attracting continued reinvestment. One of thirteen buildings in a 17-unit Indianapolis rental portfolio available individually or as a package. Current rent roll available upon request. Property sold as-is.
| Price History | |
|---|---|
| 6/26/2026 | Listed $149,999 |
| 7/29/2026 | 1$149,899 |
General Features
| Heating | Forced Air,Natural Gas |
|---|---|
| Cooling | Central Air |
| Possession | Closing |
| Appliances | Refrigerator,Gas Water Heater |
| Architectural Style | Ranch |
| Construction Materials | Vinyl Siding,Wood Siding |
| Year Built | 1968 |
| Township | Center |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2024 |
| County | Marion |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | North Plaza |
| Garage Y/N | No |
| Total Rooms | 5 |
| Full Baths | 1 |
| Status | Active |
| Directions | GPS Friendly |
| City | Indianapolis |
| High School District | Indianapolis Public Schools |
| MLS Area | 4910 - Marion - Center |
| Lot Size Square Feet | 5619 |
| Property Attached Y/N | No |
| Standard Status | Active |
| Tax Lot | 490720108010000101 |
| Legal Description | North Plaza Add L57 |
Interior Features
| Interior Amenities | Attic Access,Central Vacuum,Eat-in Kitchen |
|---|---|
| Basement (Y/N) | No |
| Half Baths | 1 |
| Laundry Features | In Unit |
| Total Bedrooms | 3 |
| Main Level Bedrooms | 3 |
| LivingAreaSource | Assessor |
| Total Baths | 2 |
Exterior Features
| Parking Features | None |
|---|---|
| Water Source | Public |
| Foundation Details | Slab,Crawl Space |
| Building Area Total | 1044 |
| Lot Size Acres | 0.13 |
| Horse Amenities | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 46218
Price
Taxes
Year Built
Visits
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Last Updated: August 19, 2026 6:28 PM UTC
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Information last updated on August 19, 2026 6:40 PM UTC
The content relating to real estate for sale and/or lease on this Web site comes in part from
the Internet Data eXchange ("IDX") program of the Northwest Indiana REALTORS® Association Multiple Listing Service ("NIRA MLS"). and is communicated verbatim, without change, as filed by its members. This information is being provided for the consumers' personal, noncommercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing
