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3227 E Southport

Indianapolis, IN 46227

ActiveListed Oct 14, 2026 · 1 day on market

Key facts

Beds
3
Baths
1 full · 1 half
Living area
2,168 sqft
Lot
0.68 acres
Year built
1958
Type
Residential · Single Family Residence
Stories
One
Garage
4 spaces
MLS #
22131438
County
Marion
Subdivision
No Subdivision

About this home

Great Investment Opportunity with Tons of Potential! This spacious brick and stone home offers an excellent opportunity for investors, rental property owners, or buyers looking to add their personal touch. Featuring 3 bedrooms with hardwood floors and generous closet space, a living room with a gas fireplace, and a flexible layout with a bedroom that could serve as a formal dining room. The partially finished basement offers additional living space with its own full kitchen, gas fireplace, half bath, and separate shower, creating great potential for an in-law suite or extended living quarters. The property also features an attached 2-car basement garage, an additional 2-car detached garage, a Florida room, back patio, two storage sheds, and a spacious lot with mature trees. New roof in 2025! With some updates and TLC, this property has plenty of potential. Whether you're looking for your next investment, rental property, or renovation project, this is an opportunity you won't want to miss. Property is being sold AS IS.

Description provided by the listing brokerage.

Interior

Appliances
Electric CooktopDishwasher
Interior features
Eat-in Kitchen
Fireplaces
1
Fireplace type
Family Room
Rooms
8
Main-level bedrooms
3

Exterior

Patio and porch
Screened
Construction
Brick
Foundation
Concrete Perimeter
Style
Mid-Century Modern
Parking and garage
AttachedDetached

Systems

Heating
Gas
Cooling
Central Air
Water
Public

Schools

High school
Indianapolis Metropolitan High Sch
School district
Indianapolis Metropolitan High Sch

Taxes

Estimated annual tax
$3,294 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,622per month, estimated
Principal and interest $1,260Property tax $275Insurance $88
20% · $50,000
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$250,000
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