242 N Arsenal Avenue Indianapolis IN 46201 (House For Sale) | MLS 22108421
Frequently Asked Questions
Are house prices dropping in Indianapolis?
The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $11,590.12. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.
What is the housing market like in Indianapolis at this time?
The housing market and house prices in Indianapolis are going down. The average house price is $262,593.00 and the average price per square feet is $154.69 per square foot. At the moment, there are 18657 homes listed - 2889 active, 1461 pending, and 14307 sold in Indianapolis.
What is the most popular place to buy a house in Indianapolis?
The most popular place to buy a home in Indianapolis is 4910 - Marion - Center. 4910 - Marion - Center has the most properties listed and appears to have the highest demand.
What is the amount of property taxes you have to pay for a house in Indianapolis?
The average amount of property taxes you would have to pay for a home in Indianapolis is $3,545.13. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.
How fast are houses listed in Indianapolis being sold?
Properties in Indianapolis stay on the market for an average of 88 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.
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The last home listed in Indianapolis was 886 minutes ago.
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The cost of the most expensive home in Indianapolis is $5,400,000.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.
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The average property size in Indianapolis is 2093.98 sq.ft., the largest being 13549 sq.ft., and the smallest being 200 sq.ft.
Additional Details
Property Details
Lot Dimensions:
6752
Lot Features:
Curbs, Sidewalks, Storm Sewer, Street Lights, Mature Trees, Trees Small (Under 20 Ft)
Water Source:
Public
Main Level Sq. Ft.:
1, 565
Upper Level Sq. Ft.:
1, 240
Total Sq. Ft.:
3, 155
Basement:
Yes
Directions:
GPS Friendly. Between New York And Marlow Ave. Arsenal Is A One Way Street.
Interior Features
Entrance Foyer, Hardwood Floors, Walk In Closet(S), Wood Work Stain/Painted
Appliances
Dishwasher, Disposal, Gas Water Heater, Exhaust Fan, Electric Oven, Refrigerator, Water Purifier, Washer, Dryer
Cool
Central Air
Water Heater
Dishwasher, Disposal, Gas Water Heater, Exhaust Fan, Electric Oven, Refrigerator, Water Purifier, Washer, Dryer
Heat
Zoned, Electric, Forced Air, Natural Gas
Total Rooms
8 Rooms
Schools
High School:
Arsenal Technical High School
Tax and Financial Info
Semi-Annual Property Tax:
$1, 593
Tax Year:
2024
Quick View
Address:
242 N Arsenal Avenue Indianapolis IN 46201
Status:
Pending
On Site:
17 Days On Site
Price:
$425, 000
Bedrooms:
4 Beds
Bathrooms:
2 Full Baths
Sq. Feet:
3, 155
Year Built:
1898
Lot Size:
0.16
County:
Marion
Township:
Center
MLS #:
22108421
Property Type:
Single Family Residence
Exterior Type
Wood Siding
Community Information
Description
Quintessential Victorian in the Holy Cross neighborhood with 4BRs, 2 full baths, extra wide lot, all with 2,805 square feet of living space! Original woodwork with lots of character (not painted!), fireplace and hardwood floors. You can't miss this house with it's 2-story turret and exquisite windows - on a great stretch of Arsenal Ave. All new interior paint. Sunny kitchen has lots of windows and counter space. 3 BRs and FB on main level, upstairs you will find a lg. full bath, huge closet, sep. HVAC system, and a 20 x 50 open space to make all your own: primary BR, rec/entertainment area, studio or office space. Recent upgrades include all new exterior paint & siding 2024, newer trough gutters, ALL new electric in 2026, main floor insulation, newly renovated main floor bathroom with new shower. Newer main furnace. Basement for storage, and a 1 car block garage with newer bay door. All appliances stay, including washer and dryer. Enjoy the swing on the front porch. Original oak front door, and it's cool storm door. Nice perennials in sunny back yard. Last 2 owners inhabited for 94 years! Great location close to everything, watch the fireworks from Highland Park, walk to coffee shops, Midland Antiques, and the restaurants King Dough, La Parada, Yazsh, Public Smokehouse, etc. Dedicated bike paths on Michigan and New York Sts. Easy walk/ride to downtown, Mass Ave. and the Cultural/Monon Trail! Earnest Money may be submitted via Earnnest. Click or visit https://www.callcarpenter.com/earnest-money. Property address, Buyer Agent name, and bank account info will be required. Check supplements for instructions.
Source: MIBOR as distributed by MLS GRID, MLS ID: 22108421
Listing provided courtesy of Richard Costello 317-899-4600 with Carpenter, REALTORS®
Last Updated: 6/26/2026 | 5:10 PM
Home Details
Status: Pending
Price: $425,000
Address: 242 N Arsenal Avenue, Indianapolis, IN 46201
Quintessential Victorian in the Holy Cross neighborhood with 4BRs, 2 full baths, extra wide lot, all with 2,805 square feet of living space! Original woodwork with lots of character (not painted!), fireplace and hardwood floors. You can't miss this house with it's 2-story turret and exquisite windows - on a great stretch of Arsenal Ave. A...
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Source: MIBOR as distributed by MLS GRID, MLS ID: 22108421
Listing provided courtesy of Richard Costello 317-899-4600 with Carpenter, REALTORS®
Holy Cross offers diverse housing options, including single detached homes, duplexes, townhouses, and lofts ranging up to four bedrooms, accommodating varied preferences. The neighborhood features convenient access to several bus lines with stops located nearby, alongside easy car access and plentiful parking. Commuting by bicycle is simple thanks to accommodating infrastructure. Primary and high schools, both public and private, are located close to residences, ensuring educational options are readily accessible. Dining choices are abundant with numerous eateries nearby, providing excellent opportunities to savor various cuisines. Well-positioned green spaces offer pleasant outdoor settings, enhancing the neighborhood’s inviting and comfortable atmosphere.
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