Price Reduction
Address
4147 Bowman Avenue, Indianapolis, IN
Price
$ 170,000
Property Attributes
- MLS#22110189
- TypeSingle Family
- Listing Status Active
- CountyMARION
- CityIndianapolis
- AreaPerry
- NeighborhoodUniversity Heights
- Zip46227
- StyleRanch
- Year Built1968
- Taxes$ 2458
- Price$ 170,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms1
- Sqr Footage1034
- Lot Size0.12 Acres
Data Source:
MIBOR Broker Listing Cooperative
Property Description
Investment Opportunity Near the University of Indianapolis! This move-in-ready 3-bedroom, 1.5-bath ranch offers exceptional potential for investors, first-time homebuyers, and those seeking a strong rental property in a high-demand Indianapolis location. Situated on the city's south side, this property is just minutes from the University of Indianapolis, major employers, I-65, downtown Indianapolis, shopping, dining, and entertainment. Inside, you'll find beautiful hardwood floors throughout, a functional floor plan, and a remodeled eat-in kitchen featuring updated modern finishes and stainless steel appliances. A dedicated laundry room, enclosed front porch, and detached 2-car garage add convenience and value, while the spacious lot provides room for outdoor enjoyment and future improvements. With strong rental demand near the University of Indianapolis and continued growth throughout the south Indianapolis market, this property presents multiple investment strategies, including buy-and-hold, long-term rental, owner-occupant, or value-add opportunities. Its desirable location, solid condition, and income-producing potential make it an attractive addition to any real estate portfolio. Don't miss this opportunity to own an affordable Indianapolis investment property with excellent upside potential. Schedule your private showing today and discover the possibilities.
| Elementary School | Middle School | High School |
|---|---|---|
| Raymond F Brandes School 65 Elementary School | Arlington Community Middle School | Arsenal Technical High School |
| Price History | |
|---|---|
| 6/24/2026 | Listed $180,000 |
| 7/14/2026 | 3$175,000 |
| 7/31/2026 | 3$170,000 |
General Features
| Heating | Electric,Forced Air |
|---|---|
| Cooling | Central Air |
| Possession | Closing |
| Appliances | Dryer,Microwave,Electric Oven,Refrigerator,Washer |
| Garage Spaces | 2 |
| Patio/Porch Features | Glass Enclosed |
| Architectural Style | Ranch |
| Construction Materials | Brick |
| Year Built | 1968 |
| Township | Perry |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2024 |
| County | Marion |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | University Heights |
| Garage Y/N | Yes |
| Total Rooms | 6 |
| Full Baths | 1 |
| Status | Active |
| Directions | GPS Friendly |
| High School | Arsenal Technical High School |
| City | Indianapolis |
| High School District | Indianapolis Public Schools |
| MLS Area | 4907 - Marion - Perry |
| Lot Size Square Feet | 5401 |
| Elementary School | Raymond F Brandes School 65 |
| Property Attached Y/N | No |
| Middle/Junior High School | Arlington Community Middle School |
| Standard Status | Active |
| Tax Lot | 191 |
| Virtual Tour | https://my.matterport.com/show/?m=NAkzZMRmkH7&ts=1 |
| Legal Description | Elders University Hgts L191 |
Interior Features
| Interior Amenities | Hardwood Floors |
|---|---|
| Basement (Y/N) | No |
| Half Baths | 1 |
| Total Bedrooms | 3 |
| Main Level Bedrooms | 3 |
| LivingAreaSource | Assessor |
| Total Baths | 2 |
Exterior Features
| Parking Features | Detached |
|---|---|
| Water Source | Public |
| Foundation Details | Crawl Space |
| Building Area Total | 1034 |
| Lot Size Acres | 0.12 |
| 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 46227
Price
Taxes
Year Built
Visits
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Last Updated: August 19, 2026 6:28 PM UTC
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS.
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
