614 E 21st Street Indianapolis IN 46202 (House For Sale) | MLS 22101364
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.
How often are houses listed for sale in Indianapolis?
The last home listed in Indianapolis was 796 minutes ago.
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Currently, there are 49 open houses available for viewing in Indianapolis.
What is the most expensive house in Indianapolis?
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.
What is the cheapest house in Indianapolis?
The cost of the cheapest home in Indianapolis is $1,000.00. Buying a cheaper home can keep payments low and leave room for customization.
How old are the homes in Indianapolis?
The oldest home in Indianapolis was built in 1848, and the newest in 2026.
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How big are the homes in Indianapolis?
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:
8190
Water Source:
Public
Main Level Sq. Ft.:
856
Upper Level Sq. Ft.:
1, 576
Total Sq. Ft.:
2, 432
Directions:
GPS Friendly
Interior Features
Breakfast Bar, Hardwood Floors, Pantry
Appliances
Dishwasher, Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator
Cool
Central Air
Water Heater
Dishwasher, Electric Water Heater, Disposal, Microwave, Electric Oven, Refrigerator
Heat
Electric, Forced Air
Total Rooms
7 Rooms
Tax and Financial Info
Semi-Annual Property Tax:
$2, 834
Tax Year:
2024
Quick View
Address:
614 E 21st Street Indianapolis IN 46202
Status:
Active
On Site:
52 Days On Site
Price:
$475, 000
Bedrooms:
4 Beds
Bathrooms:
3 Full Baths, 1 Half Baths
Sq. Feet:
2, 432
Year Built:
2008
Lot Size:
0.19
County:
Marion
Township:
Center
MLS #:
22101364
Property Type:
Single Family Residence
Exterior Type
Cement Siding
Community Information
Description
Investor opportunity in the heart of Indianapolis! Welcome to 614 E 21st St, Indianapolis, IN 46202! Strong cash flow potential meets quality construction in this exceptional investment property located in one of Indianapolis' growing urban corridors. Whether you're expanding your rental portfolio, executing a house-hack strategy, or seeking a short-/mid-term rental opportunity, this asset offers multiple income streams and long-term upside. The primary residence is a well-appointed traditional home featuring upgraded finishes that attract quality tenants, including a modern kitchen with granite countertops, stainless steel appliances, dark cabinetry, an undermount sink, and a butler's pantry. Engineered hardwood flooring throughout the main level enhances durability and appeal, while the spacious layout supports strong rental demand. The upper-level primary suite includes premium finishes with a custom tiled shower, granite dual vanities, and an attractive bath design, while additional bathrooms offer comparable upgraded finishes-helping position the property above average rental inventory. The true value-add is the detached income-producing carriage house, creating a compelling multi-income opportunity. This separate unit includes private access, dedicated laundry, private patio, garage bay, and carport parking, making it highly marketable for long-term tenants, furnished rentals, guest housing, or owner-occupant offset income. Exterior amenities, including a private fenced backyard and large patio further increase tenant desirability and retention. Both units are currently occupied. The main house is leased until 9/30/2026, and the Carriage house is leased as a rental arbitrage until 7/31/2028 as an Airbnb. This property is professionally managed, and the current management company is interested in continuing to manage this property.
Source: MIBOR as distributed by MLS GRID, MLS ID: 22101364
Listing provided courtesy of Todd Carpenter 317-800-3358 with Eddy Properties, LLC
Last Updated: 5/15/2026 | 10:19 PM
Home Details
Status: Active
Price: $475,000
Address: 614 E 21st Street, Indianapolis, IN 46202
Investor opportunity in the heart of Indianapolis! Welcome to 614 E 21st St, Indianapolis, IN 46202! Strong cash flow potential meets quality construction in this exceptional investment property located in one of Indianapolis' growing urban corridors. Whether you're expanding your rental portfolio, executing a house-hack strategy, or see...
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Source: MIBOR as distributed by MLS GRID, MLS ID: 22101364
Listing provided courtesy of Todd Carpenter 317-800-3358 with Eddy Properties, LLC
Near Northside offers a vibrant community with convenient access to multiple bike lanes and gentle slopes, making cycling a practical choice for transportation and recreation. Nearby highways such as I-70 allow for easy car travel and ample parking options are available throughout the neighborhood. Food options are plentiful, with numerous restaurants and cafes close at hand to satisfy diverse tastes. Educational institutions, including both public and private schools, are conveniently located across the area, supporting a strong foundation for learning. This neighborhood features abundant green spaces that provide relaxing outdoor environments for residents seeking natural scenery. Housing is diverse, including single detached homes, townhouses, apartments, and lofts in a wide range of sizes.
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