710 Bacon Street
Indianapolis, IN 46227
Map
- 1 bed
- 1 bath
- 754 sqft
- 5,140 sqft lot
- $198 per sqft
- 1940 build
Charming 1-Bedroom Home with Finished Bonus Room located on an oversized double Lot - Ideal for Investors and First-Time Buyers alike. This well-maintained home offers a spacious one-bedroom layout with a finished upstairs bonus room-perfect for an office, guest suite, or hobby space. The first-floor master bedroom provides easy accessibility, while the open floor plan includes a cozy living area and functional kitchen, creating a warm, inviting atmosphere. Located on a large double lot, the property offers plenty of outdoor space for gardening, gatherings, or future expansion. The home sits on one lot, with an adjacent lot featuring a detached 2 oversized car garage-ideal for parking, storage, or a workshop. Two driveways ensure plenty of parking options. This home is located just south of Fountain Square and the Bates-Hendricks neighborhoods making this home conveniently close to vibrant restaurants, entertainment, and local boutiques, as well as downtown Indianapolis. Let's go Pacers! Enjoy the best of city living with nearby parks such a Garfield Park with its beautiful conservatory, sunken gardens, and MacAllister Amphitheater, cultural attractions such as Eiteljorg Museum, White River State Park and the Madam Walker Legacy Center, and easy commuting options like Indy Go's Red Line. For investors or those seeking flexible living, this property presents an excellent value opportunity. With low annual property taxes of just $828 and no HOA fees, making it highly affordable. Plus, there are no HOA rental restrictions, making it attractive for Rentals, Airbnb, or other short-term leasing opportunities. Additional features include mature landscaping and a quiet neighborhood setting. Whether you're looking for a cozy home with room to grow, an income-producing rental, or both, this property offers great value and potential. Don't miss out on this rare opportunity in the Garfield Park Neighborhood-schedule your showing today and see the possibilities!
Last checked:
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Last updated May 29, 2025
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MLS# 22040932 —
The Building
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Year Built:1940
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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:Slab
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Levels:One
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Basement:false
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Exterior Features:Out Building With Utilities
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Patio And Porch Features:Porch Open
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Accessibility Features:No
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Direction Faces:South
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Green Certification:No
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Building Area Total:754
Interior
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Rooms:4
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Rooms Total:4
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Rooms Total:4
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Interior:Laundry in Unit
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Interior Features:Windows Vinyl, Paddle Fan, Hi-Speed Internet Availbl, Vaulted Ceiling(s)
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Other Equipment:Smoke Alarm
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Eating Area:Dining Combo/Living Room
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Laundry Features:Laundry Closet, Laundry Room
Room Dimensions
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SqFt:754
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Main Level SqFt:754
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Living Area:754
Location
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Directions:GPS Friendly
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Latitude:39.721058
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Longitude:-86.145987
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:491125117001016501
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Acres:<1/4 Acre
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Lot Features:Busline, City Lot, Not In Subdivision, Storm Sewer, Mature Trees
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Lot Size Acres:0.24
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Lot Size SqFt:5,140 Sqft
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Price Per Acre:625000
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Additional Parcels:true
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Additional Parcels Description:Tax ID: 49-11-25-117-001.126-501
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View:false
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Waterfront:false
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Fencing:Partial
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Horse Amenities:None
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Fence:Yes
Listing Agent
- Contact info:
- Agent phone:
- (317) 874-8171
- Office phone:
- (317) 216-8800
Taxes
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Tax Lot:49-11-25-117-001.016-501
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Tax Year:2024
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Tax Exemptions:Homestead Tax Exemption,Mortgage Tax Exemption
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Semi Annual Property Tax Amt:414
Beds
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Beds:1
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Bedrooms:1
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Bedrooms Total:1
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Main Level Bedrooms:1
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Primary Bedroom Description:Closet Walk in
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:Forced Air, Electric
Utilities
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Utilities:Cable Available
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Electric:100 Amp Service
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Water Source:Municipal/City
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Solid Waste:Yes
Appliances
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Appliances:Dryer, Electric Oven, Washer, Electric Water Heater
Schools
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High School District:Perry Township Schools
The Community
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Subdivision Name:Grasmere
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Spa:false
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Pool Private:false
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Association:false
Parking
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Parking Features:Concrete, Detached
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Garage:true
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Garage Spaces:2
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Garage & Parking:Finished Garage
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Garage SqFt:480
Monthly cost estimate
Asking price
$150,000
| 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. |
$803
|
| Taxes | $69 |
| Insurance | $41 |
| Utilities | $113 See report |
| Total | $1,026/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 |
|---|---|---|---|---|
|
5/28/25
May 28, 2025
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Listed / Active | MIBOR | $150,000 | 57.9% (16.2% / YR) |
|
10/28/21
Oct 28, 2021
|
MIBOR | $95,000 | -4.0% | |
|
10/4/21
Oct 4, 2021
|
MIBOR | $99,000 |
