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1421 King Avenue

Indianapolis, IN 46222

ActiveListed Apr 14, 2026 · 175 days on market

Key facts

Beds
3
Baths
1 full
Living area
1,120 sqft
Lot
0.1 acres
Year built
1920
Type
Residential · Single Family Residence
Stories
One
MLS #
22092763
County
Marion
Subdivision
A V Browns Riverside Park
Total building area
1,680 sqft

About this home

Excellent investment opportunity near Speedway! This rental is a three bedroom single family home with long term tenant in place, currently month to month and wants to renew. Rent is $1,175 per month. Additional 6 properties available from same seller/agent, varying conditions. Property is sold in Receivership - requires UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK approval of contract prior to closing. Property is sold as-is. Buyer to be responsible for all costs on the settlement statement except for Seller paid commissions and management fees. Please see the attached documents. The Seller Addendum must be executed and delivered with all Purchase Offers along with all disclosures and proof of funds. Seller will not assume responsibility for any required repairs to the home to qualify for financing. Seller Addendum is required and must be delivered along with Purchase Offer, disclosures, and proof of funds/pre-approval. See MLS docs. Minimum 24 hour notice for showing requests as tenant must be notified. Management office is open Mon-Fri 9am-4pm.

Description provided by the listing brokerage.

Interior

Interior features
Eat-in Kitchen
Basement
Unfinished
Windows
Screens
Rooms
5
Main-level bedrooms
3

Exterior

Patio and porch
Covered
Construction
BrickVinyl Siding
Foundation
Block
Style
Traditional

Systems

Heating
Forced AirGas
Water
Public

Schools

School district
MSD Wayne Township

Taxes

Estimated annual tax
$2,018 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$775per month, estimated
Principal and interest $567Property tax $168Insurance $39
20% · $22,500
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$112,500
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