Key facts
- Beds
- 3
- Baths
- 1 full
- Living area
- 1,260 sqft
- Lot
- 0.12 acres
- Year built
- 1951
- Type
- Residential · Single Family Residence
- Stories
- One
- Garage
- 2 spaces
- MLS #
- 22133028
- County
- Marion
- Subdivision
- Rainbow Ridge
About this home
Welcome to this charming 3-bedroom, 1-bathroom bungalow offering 1,260 square feet of comfortable living space! Step inside to a large, welcoming living room that is perfect for relaxing or entertaining guests. The home features a fully fenced in yard and built-in cabinetry in the second bedroom that provides both vintage charm and excellent storage space. Outside, you will find a spacious 2-car detached garage, ideal for vehicle parking, a workshop, or additional storage. Best of all, this home is situated in a prime location just 1.5 miles from the iconic Indianapolis Motor Speedway, making it an incredible opportunity for racing fans or a fantastic option for a short-term rental investment. Whether you are looking for your next primary residence or a smart investment property near the heart of Speedway action, this home is full of potential. Schedule your private showing today!
Description provided by the listing brokerage.
Interior
- Appliances
- Interior features
- Laundry
- Rooms
- 7
- Main-level bedrooms
- 3
Exterior
- Patio and porch
- Construction
- Foundation
- Style
- Parking and garage
- Fencing
Systems
- Heating
- Cooling
- Water
Schools
- School district
- Indianapolis Public Schools
Taxes
- Estimated annual tax
- $908 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Estimate your monthly payment
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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