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2820 E 16th Street

Indianapolis, IN 46201

PendingListed May 27, 2026 · 130 days on market

Key facts

Beds
2
Baths
2 full
Living area
854 sqft
Lot
0.102 acres
Year built
1920
Type
Residential · Single Family Residence
Stories
One
MLS #
22104420
County
Marion
Subdivision
Ottes Sub S K Fletcher 1st Brookside
Total building area
1,708 sqft

About this home

NEW PRICE, MORE OPPORTUNITY! If you've been looking for an affordable home with space, flexibility, and some important updates already completed, this well maintained brick ranch is worth a closer look. With a new price, this is a great opportunity for a first time buyer, downsizer, investor, or anyone looking for a home with room to grow. Step inside and you'll find a welcoming enclosed front porch, a comfortable main level layout, and a versatile bonus room that could easily function as a home office, guest room, hobby room, playroom, or flex space. The basement provides abundant storage and even more possibilities, with plenty of room for a workshop, home gym, recreation area, or future finished living space. Several updates have already been completed, including a newer roof, newer A/C, newer basement windows, and new window screens, giving you some of the big ticket improvements already in place. Outside, the spacious backyard adds even more value and versatility. Enjoy the patio and fire pit, make use of the storage shed, or take advantage of the wheelchair accessible ramp. There's plenty of room for entertaining, gardening, pets, outdoor activities, or simply enjoying your own private space. For investors, the property also offers a proven rental history of $1,300 per month, making this a property worth considering from both an owner occupant and investment perspective. New price, brick construction, flexible living space, basement, spacious yard, and valuable updates, there's a lot to appreciate here. Come take a look and see how this home could work for you!

Description provided by the listing brokerage.

Interior

Appliances
DryerDisposalGas Water HeaterGas OvenRange HoodRefrigeratorWasherWater Heater
Interior features
Paddle FanHandicap Accessible InteriorHi-Speed Internet AvailblWood Work Painted
Kitchen
Kitchen Galley
Basement
DaylightUnfinished
Laundry
Connections AllIn Basement
Windows
Screens
Accessibility
Accessible Entrance
Security
Fire AlarmSecurity LightsSecurity System OwnedSmoke Detector(s)
Rooms
6
Main-level bedrooms
2
Condition
Updated/Remodeled

Exterior

Exterior features
Exterior Handicap AccessibleStorage ShedFire Pit
Patio and porch
Covered
Construction
Vinyl With BrickBrick
Foundation
Brick/Mortar
Style
Bungalow
Parking and garage
Alley AccessConcrete
Fencing
Partial

Systems

Heating
Forced AirNatural Gas
Cooling
Central Air
Water
Public
Utilities
Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Lot and HOA

Lot features
SidewalksTrees-Small (Under 20 Ft)

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$3,108 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$959per month, estimated
Principal and interest $655Property tax $259Insurance $45
20% · $25,980
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$129,900
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