2029 N Colorado Avenue
Indianapolis, IN 46218
Map
- 2 beds
- 1 bath
- 736 sqft
- 5,532 sqft lot
- $115 per sqft
- 1950 build
Investment opportunity! This 2 bedroom home, located just minutes from Community East, the interstate and downtown, would make a great addition to someone's portfolio (rent has been going for around $1000 in the area depending). Or this would also be the perfect opportunity for someone to make it their own in a small community, at an affordable price point & opportunity to improve value. Needs some TLC to spruce it up, fence needs some repair & the bathroom plumbing currently isn't draining properly. But the hardwood floors add charm, the screened patio makes an excellent spot to enjoy the evenings or morning coffee. Plenty of storage in the unfinished basement and the detached 20x24 ft "garage" (more of a storage barn with the current roof structure being flat and 16 foot doors that open up vs a garage door that goes up. The Furnace is newer and the home already has duct work if someone wanted to add central air. So much opportunity!
Last checked:
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Checking…
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Last updated Jul 2, 2025
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MLS# 22048289 —
The Building
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Year Built:1950
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New Construction:false
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Construction Materials:Aluminum Siding
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Architectural Style:Bungalow, Ranch
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Foundation Details:Block
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Levels:One
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Basement:true
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Basement:Storage Space, Unfinished
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Exterior Features:Storage Shed
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Patio And Porch Features:Covered Porch, Screened Patio
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Accessibility Features:No
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Green Certification:No
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Building Area Total:1456
Interior
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Rooms:4
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Rooms Total:5
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Rooms Total:4
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Interior Features:Paddle Fan, Hardwood Floors, Eat-in Kitchen, Wood Work Stained
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Eating Area:Breakfast Room
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Laundry Features:In Basement
Room Dimensions
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SqFt:736
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Main Level SqFt:736
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Living Area:736
Location
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Directions:GPS Friendly
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Latitude:39.795211
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Longitude:-86.095567
The Property
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View:true
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:false
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Parcel Number:490733158012000101
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Acres:<1/4 Acre
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Lot Size Acres:0.13
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Lot Size SqFt:5,532 Sqft
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Price Per Acre:653846
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Property Condition:Fixer
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Additional Parcels:false
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Fencing:Fence Full Rear, Privacy
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Horse Amenities:None
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Fence:Yes
Listing Agent
- Contact info:
- Agent phone:
- (317) 292-3882
- Office phone:
- (317) 891-0100
Taxes
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Tax Lot:246
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Tax Year:2024
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Semi Annual Property Tax Amt:108
Beds
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Beds:2
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Bedrooms:2
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Bedrooms Total:2
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Main Level Bedrooms:2
Baths
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Baths:1
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Full Baths:1
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Full Baths:1
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Full Baths Main:1
The Listing
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Inspection Warranties:Not Applicable
Heating & Cooling
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Heating:Natural Gas
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Cooling:Window Unit(s)
Utilities
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Utilities:Electricity Connected, Sewer Connected, Water Connected
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Water Source:Municipal/City
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Solid Waste:No
Appliances
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Appliances:Dryer, Gas Water Heater, Electric Oven, Refrigerator, Washer
Schools
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High School District:Indianapolis Public Schools
The Community
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Subdivision Name:Brookside Sunny Grove
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Association:false
Parking
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Parking Features:Detached
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Garage:true
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Garage Spaces:2
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Garage SqFt:520
Monthly cost estimate
Asking price
$85,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$455
|
| Taxes | $18 |
| Insurance | $23 |
| Utilities | $100 See report |
| Total | $596/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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7/2/25
Jul 2, 2025
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Listed / Active | MIBOR | $85,000 |
