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741 Parkway Avenue

Indianapolis, IN 46203

PendingListed Sep 24, 2026 · 18 days on market

Key facts

Beds
3
Baths
2 full · 1 half
Living area
2,300 sqft
Lot
0.08 acres
Year built
1900
Type
Residential · Single Family Residence
Stories
Three or more
Garage
2 spaces
MLS #
22128342
County
Marion
Subdivision
South Park
Total building area
3,121 sqft

About this home

Looking for a property that gives you options? This Bates Hendricks home is currently being operated as an Airbnb and offers the flexibility to continue as a short-term rental or make it your own personal residence. With Fountain Square, Garfield Park, Downtown Indianapolis, and interstate access all just minutes away, you'll be close to plenty of restaurants, entertainment, parks, and everything downtown has to offer. The home underwent a complete rehab in 2016, creating a comfortable blend of modern updates and the character of an older Indianapolis home. There is plenty of room to spread out, with two separate living spaces, including a loft upstairs that can be used as a second living room, office, or additional hangout space. The main level includes the primary bedroom, making everyday living convenient. The suite has a walk-in closet and private bathroom with a tiled walk-in shower. You'll also find the laundry on the main floor. At the center of the home is a spacious kitchen with plenty of room for cooking and entertaining. It features a large island, breakfast bar, quartz countertops, and stainless-steel appliances. The cabinets have a designer faux-laminate finish with the color built into the laminate rather than simply painted on. Upstairs you'll find two additional bedrooms, a full bathroom, and the large loft area. Outside, the sidewalks make it easy to enjoy the neighborhood on foot, while the oversized two-car garage gives you room for vehicles, storage, hobbies, or a workshop. Whether you're looking for an investment that is already being used as an Airbnb or a home in one of Indianapolis' popular urban neighborhoods, this property gives you the flexibility to go either direction.

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerDisposalGas Water HeaterMicrowaveGas OvenRefrigeratorWasherWater Heater
Interior features
Breakfast BarHigh CeilingsKitchen IslandHi-Speed Internet AvailblEat-in KitchenSmart Thermostat
Kitchen
Kitchen Updated
Other rooms and areas
Laundry in UnitLiving Room Formal
Flooring
Hardwood
Basement
Storage SpaceUnfinished
Fireplaces
1
Fireplace type
ElectricLiving Room
Laundry
Main Level
Security
Smoke Detector(s)
Rooms
8
Main-level bedrooms
1
Condition
Updated/Remodeled

Exterior

Exterior features
Smart Lock(s)
Construction
Cement Siding
Foundation
Block
Style
Traditional
Parking and garage
Detached
Other equipment
Radon System

Systems

Heating
Forced AirGas
Cooling
Central Air
Water
Public
Utilities
Cable AvailableNatural Gas ConnectedSewer ConnectedWater Connected

Lot and HOA

Lot features
CurbsSidewalksStorm SewerMature Trees

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$9,242 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,711per month, estimated
Principal and interest $1,815Property tax $770Insurance $126
20% · $72,000
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.

Talk to a lender we trust
Listing Office:
@properties
Listing Office Phone:
317-489-3441
Listed by
Firm
@properties
Firm phone
317-489-3441
MLS #
22128342
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Listed at$360,000
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