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1938 N Alton Avenue

Indianapolis, IN 46222

ActiveListed Oct 8, 2026 · 1 day on market

Key facts

Beds
2
Baths
1 full
Living area
660 sqft
Lot
0.15 acres
Year built
1946
Type
Residential · Single Family Residence
Stories
One
Garage
1 space
MLS #
22130654
County
Marion
Subdivision
Rainbow Ridge
Total building area
1,320 sqft

About this home

Imagine walking through the door of a home that finally feels like yours. This beautifully transformed 2-bedroom, 1-bath home on Indianapolis' west side offers more than fresh finishes-it offers an opportunity to put down roots and start building toward your future. Step inside to discover new luxury vinyl plank flooring, fresh paint, updated light fixtures, and thoughtful improvements throughout, creating a bright, welcoming space that's truly move-in ready. With a convenient location just minutes from Downtown Indianapolis, you'll enjoy easy access to work, dining, entertainment, and everything the city has to offer. Start creating a place of your own. Your next chapter could begin right here. Best of all, LAND CONTRACT FINANCING is available for the right buyer, with down payments as low as 5%, making homeownership more attainable than you may have thought.

Description provided by the listing brokerage.

Interior

Appliances
Electric OvenRefrigeratorRange Hood
Interior features
Kitchen Island
Basement
Unfinished
Security
Smoke Detector(s)
Rooms
5
Main-level bedrooms
2

Exterior

Construction
Vinyl Siding
Foundation
Concrete Perimeter
Style
Traditional
Parking and garage
Detached

Systems

Heating
Forced Air
Cooling
Central Air
Water
Public

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$594 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$858per month, estimated
Principal and interest $756Property tax $50Insurance $53
20% · $30,000
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.

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Listed at$150,000
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