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314 S Randolph Street

Indianapolis, IN 46201

PendingListed Jul 31, 2026 · 56 days on market

Key facts

Beds
3
Baths
2 full
Living area
1,663 sqft
Lot
0.1 acres
Year built
1930
Type
Residential · Single Family Residence
Stories
One and one half
MLS #
22113491
County
Marion
Subdivision
State Square
Total building area
2,174 sqft

About this home

Situated in a rapidly revitalizing pocket on Indianapolis's near southeast side-nestled right between bustling Fountain Square and the booming Near Eastside-314 S Randolph Street offers an incredible turnkey opportunity for both savvy investors and owner-occupants. Less than ten minutes from Downtown, this location sits directly in the path of progress, surrounded by new builds and fresh remodels. Taken down to the studs a few years ago, this 1.5-story, 1,736 sq ft home features a soaring, open floorplan with high ceilings, recessed lighting, updated laminate flooring, and a freshly painted interior that makes it completely move-in or rent-ready. The contemporary eat-in kitchen shines with modern white shaker cabinets, two-tone granite countertops, custom tile backsplash, stainless steel appliances, and a large island with a breakfast bar. The main level hosts two comfortable bedrooms, a full bath, and a dedicated laundry room, while the private upper-level primary suite boasts a tastefully updated full bath and walk-in closet. Outside, the flat 0.10-acre lot features fully fenced front and back yards plus a handy storage shed. For owner-occupants, it delivers a stylish, low-maintenance home near the city's best dining, breweries, and cultural hotspots. For investors, it represents a hassle-free, high-demand rental asset poised for strong cash flow and exceptional long-term appreciation in a high-growth urban corridor.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerDisposalMicrowaveElectric OvenRefrigeratorWasherElectric Water Heater
Interior features
Attic AccessEat-in Kitchen
Kitchen
Kitchen Updated
Basement
Cellar
Laundry
Main Level
Windows
Vinyl Windows
Rooms
7
Main-level bedrooms
2
Condition
Updated/Remodeled

Exterior

Exterior features
Barn Mini
Patio and porch
Covered
Construction
Vinyl Siding
Foundation
Block
Style
Traditional
Parking and garage
On Street
Fencing
Chain LinkFence CompleteFullPrivacy
Other equipment
Smoke Alarm

Systems

Heating
Forced AirElectric
Cooling
Central Air
Water
Public

Lot and HOA

Lot features
Sidewalks

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$5,130 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,392per month, estimated
Principal and interest $902Property tax $428Insurance $63
20% · $35,800
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$179,000
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