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315 W 43rd Street

Indianapolis, IN 46208

ActiveListed Jan 16, 2026 · 246 days on market

Key facts

Beds
3
Baths
1 full
Living area
2,160 sqft
Lot
0.14 acres
Year built
1943
Type
Residential · Single Family Residence
Stories
Two
MLS #
22079635
County
Marion
Subdivision
Corydon Co Add

About this home

Welcome to this delightful Cape Cod-style home just minutes from Butler University and the charming Butler-Tarkington area. This home checks so many boxes; An ideal primary home, a proven short-term rental opportunity in a high-demand location or a long-term rental investment. Step inside to find beautiful original hardwood floors throughout the main level and a warm, inviting layout perfect for everyday living and entertaining. The updated kitchen features an eat-in nook-perfect for casual meals and morning coffee. The main level offers two bedrooms and a full bath, while upstairs you'll find a generously sized primary bedroom retreat with flexible space that works beautifully as a sitting area, reading nook, or home office. Downstairs, the partially finished basement adds valuable space-ideal for a movie room, game room, or guest hangout-plus storage and daylight windows for a brighter feel. Outside, enjoy convenient parking with a carport and an easy-to-love location close to dining, shops, campus, and all things Indy. For investors, this property has been operating as a successful short-term rental with strong performance and positive cash flow (details available upon request). Whether you're looking for a place to call home or a property that can generate income from day one, this one is a must-see-schedule your showing today!

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerElectric Water HeaterDisposalMicroHoodElectric OvenRefrigeratorWasher
Interior features
Breakfast BarHi-Speed Internet AvailblEat-in KitchenWired for DataSmart Thermostat
Kitchen
Kitchen Some Updates
Flooring
Hardwood
Basement
DaylightFinished
Laundry
In Basement
Windows
ScreensWood Frames
Rooms
6
Main-level bedrooms
2

Exterior

Exterior features
Barn MiniFire Pit
Patio and porch
Covered
Construction
Aluminum Siding
Foundation
Block
Style
Cape Cod
Parking and garage
CarportConcrete
Fencing
Full
Other equipment
Radon System

Systems

Heating
Natural Gas
Cooling
Central Air
Water
Public
Utilities
Cable AvailableElectricity ConnectedNatural Gas Connected

Lot and HOA

Lot features
SidewalksStorm SewerStreet LightsMature Trees

Schools

School district
MSD Washington Township

Taxes

Estimated annual tax
$3,274 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$1,561per month, estimated
Principal and interest $1,205Property tax $273Insurance $84
20% · $47,800
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$239,000
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