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2717 Highland Place

Indianapolis, IN 46208

ActiveListed Jul 17, 2026 · 83 days on market

Key facts

Beds
3
Baths
1 full
Living area
2,112 sqft
Lot
0.12 acres
Year built
1920
Type
Residential · Single Family Residence
Stories
Two
MLS #
22114954
County
Marion
Subdivision
No Subdivision
Total building area
3,158 sqft

About this home

This 3-bedroom, 1-bathroom home offers a functional layout and plenty of indoor and outdoor living space. The main level features a spacious eat-in kitchen, a formal dining room, one bedroom, and a full bathroom, while two additional bedrooms are located upstairs. The basement provides flexible space for recreation, entertaining, or additional storage. A new furnace was installed in November 2024. Enjoy relaxing on the covered front porch or entertaining on the concrete patio overlooking the spacious backyard. The property also offers convenient alley access with a concrete parking pad for two vehicles, along with generous front and rear yard space. Conveniently located less than one mile from I-65 and the Children's Museum, this home provides easy access to Downtown Indianapolis, local amenities, and major transportation routes. The property is currently leased to a long-term tenant who has occupied the home for over 20 years. Current rent is below market value, presenting an excellent opportunity to increase rents to market levels and create additional value. This property offers immediate rental income with strong value-add potential.

Description provided by the listing brokerage.

Interior

Interior features
Eat-in Kitchen
Flooring
Hardwood
Rooms
7
Main-level bedrooms
1

Exterior

Patio and porch
Covered
Construction
Vinyl With Brick
Foundation
Concrete Perimeter
Style
Traditional
Parking and garage
Alley AccessConcrete

Systems

Heating
Gas
Cooling
Central Air
Water
Public

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$3,388 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$967per month, estimated
Principal and interest $640Property tax $282Insurance $44
20% · $25,400
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$127,000
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