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1636 N Alton Avenue

Indianapolis, IN 46222

PendingListed Jul 27, 2026 · 23 days on market

Key facts

Beds
3
Baths
1 full
Living area
864 sqft
Lot
0.15 acres
Year built
1954
Type
Residential · Single Family Residence
Stories
One
MLS #
22116780
County
Marion
Subdivision
Rainbow Ridge

About this home

Ready for a playful project? This single-family residence built in 1954, spanning 864 square feet, is a fantastic option for investors and handy homeowners alike! Located within a mile of the Indianapolis Motor Speedway! This bungalow offers three bedrooms, and the single full bathroom is ready for a stylish refresh, offering a clean slate for your design dreams. Don't miss the chance to transform this delightful bungalow into a good home or a lucrative investment! Sold As-Is! Needs repairs.

Description provided by the listing brokerage.

Interior

Interior features
Eat-in Kitchen
Laundry
Main Level
Rooms
6
Main-level bedrooms
3

Exterior

Patio and porch
Covered
Construction
Aluminum Siding
Foundation
Block
Style
Bungalow
Fencing
Partial

Systems

Cooling
Central Air
Water
Public
Utilities
See Remarks

Lot and HOA

Lot features
Street Lights

Schools

High school
George Washington High School
School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$112 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$241per month, estimated
Principal and interest $217Property tax $9Insurance $15
20% · $8,600
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$43,000
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