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1217 W 31st

Indianapolis, IN 46208

ActiveListed Jul 12, 2026 · 32 days on market

Key facts

Beds
3
Baths
2 full
Living area
2,272 sqft
Lot
0.13 acres
Year built
1920
Type
Residential · Single Family Residence
Stories
Two
MLS #
22113724
County
Marion
Subdivision
Armstrong
Total building area
3,052 sqft

About this home

**Investment Opportunity - 3-Bedroom Home with Endless Potential!** Unlock the possibilities with this 3-bedroom, 2-level home that's ready for your vision. Whether you're looking for your next rental property or a profitable fix-and-flip project, this home offers a solid foundation and plenty of upside. The spacious layout features three bedrooms, two levels of living space, and an unfinished basement that provides ample storage or the opportunity to add future living space. While the property requires remodeling, it presents an excellent chance to customize finishes, increase value, and maximize your return on investment. Ideal for investors, contractors, or buyers seeking a renovation project, this property has the potential to become a desirable rental or an attractive resale after updates. Bring your ideas and transform this diamond in the rough into a standout property. Don't miss this opportunity to invest in a home with great potential and endless possibilities!

Description provided by the listing brokerage.

Interior

Interior features
Walk-In Closet(s)
Basement
Unfinished
Rooms
9
Main-level bedrooms
1

Exterior

Exterior features
Storage Shed
Foundation
Concrete Perimeter

Systems

Heating
Natural Gas
Cooling
Central Air
Water
Public

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$710 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$585per month, estimated
Principal and interest $491Property tax $59Insurance $34
20% · $19,500
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$97,500
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