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3221 N Pennsylvania Street

Indianapolis, IN 46205

ActiveListed Sep 27, 2026 · 11 days on market

Key facts

Beds
4
Baths
2 full
Living area
3,050 sqft
Lot
0.32 acres
Year built
1905
Type
Residential · Single Family Residence
Stories
Three or more
Garage
2 spaces
MLS #
22127888
County
Marion
Subdivision
Atkins & Perkins University Place
Total building area
3,740 sqft

About this home

**INVESTOR'S DREAM - HISTORIC HOME WITH TONS OF POTENTIAL!** Bring your vision and creativity to this historic home offering incredible potential for renovation and restoration. With its classic character, spacious layout, and convenient location, this property is ready for an investor or ambitious buyer to bring it back to life. The home features a **formal dining room, sunroom, and third-story bonus room**, providing plenty of space and possibilities for a stunning transformation. The **interior needs a complete rehab**, making this an excellent opportunity to redesign and update the home while preserving its historic charm. Outside, you'll find a **fenced yard**, **patio** and a desirable **two-car detached garage**, adding convenience and additional storage. Location is another major advantage-this property is **just minutes from downtown and convenient highway access**, making commuting, entertainment, dining, and everything the city has to offer easily accessible. Whether you're looking for your next flip, renovation project, or long-term investment, this historic property offers the space, character, location, and potential you've been searching for. **Bring your contractor, your ideas, and your vision-this one is ready for its next chapter!**

Description provided by the listing brokerage.

Interior

Appliances
WasherRefrigeratorDryer
Interior features
Attic Stairway
Basement
Unfinished
Fireplaces
1
Fireplace type
MasonryLiving Room
Laundry
In Basement
Rooms
10
Main-level bedrooms
1

Exterior

Construction
Wood Siding
Parking and garage
Detached
View
Trees/Woods
Other equipment
Dehumidifier

Systems

Heating
Wood StoveOther – See Remarks
Cooling
Central Air
Water
Public

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$3,610 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,991per month, estimated
Principal and interest $2,515Property tax $301Insurance $175
20% · $99,800
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$499,000
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