226 Miley Avenue
Indianapolis, IN 46222
Map
- 2 beds
- 1 bath
- 498 sqft
- 7,187 sqft lot
- $170 per sqft
- 1910 build
This investor opportunity on the near westside of Indianapolis presents an exceptional chance to build equity through renovation. As the lowest-priced home in the area, with nearby property values surpassing $200,000, there is significant potential for returns. Originally a duplex, this property has been converted into a two-bedroom single-family home, offering flexibility for future renovations. While it has a newer roof, major updates are still required, and it is priced accordingly for an as-is sale. Seller financing may be available with as little as a 10% down payment, making it an attractive option for investors. Located in a convenient area with access to downtown amenities, this home is ready for rehab and offers the perfect opportunity for investors or buyers looking to add value. Prospective buyers should conduct thorough due diligence before making an offer. Don't miss out on this promising investment opportunity.
Last checked:
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Last updated May 29, 2025
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MLS# 22038757 —
The Building
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Year Built:1910
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New Construction:false
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Construction Materials:Vinyl Siding
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Architectural Style:Bungalow
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Foundation Details:Other
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Levels:One
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Basement:false
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Accessibility Features:No
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Green Certification:No
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Building Area Total:498
Interior
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Rooms:5
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Rooms Total:5
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Rooms Total:5
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Interior Features:Attic Access
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Eating Area:Dining Combo/Kitchen
Room Dimensions
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SqFt:498
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Main Level SqFt:498
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Living Area:498
Location
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Directions:GPS Friendly
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Latitude:39.769804
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Longitude:-86.192845
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:491103171005000101
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Acres:<1/4 Acre
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Lot Size Acres:0.17
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Lot Size SqFt:7,187 Sqft
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Price Per Acre:500000
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Horse Amenities:None
Listing Agent
- Contact info:
- Agent phone:
- (317) 590-5032
- Office phone:
- (317) 472-4570
Taxes
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Tax Lot:1077116
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Tax Year:2024
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Semi Annual Property Tax Amt:728
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
Heating & Cooling
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Heating:No Heating
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Cooling:None
Utilities
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Water Source:Other
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Solid Waste:No
Appliances
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Appliances:None
Schools
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High School District:Indianapolis Public Schools
The Community
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Subdivision Name:No Subdivision
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Association:false
Parking
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Parking Features:Attached
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Garage:true
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Garage Spaces:1
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Garage SqFt:400
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 | $121 |
| Insurance | $23 |
| Utilities | $111 See report |
| Total | $710/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.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/29/25
May 29, 2025
|
Price Changed | MIBOR | $85,000 | -3.4% |
|
5/21/25
May 21, 2025
|
Price Changed | MIBOR | $88,000 | -2.2% |
|
5/16/25
May 16, 2025
|
Price Changed | MIBOR | $90,000 | -2.2% |
