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116 Tulip Drive

Indianapolis, IN 46227

ActiveListed Nov 5, 2026 · 1 day on market

Key facts

Beds
3
Baths
2 full · 1 half
Living area
1,447 sqft
Lot
0.51 acres
Year built
1950
Type
Residential · Single Family Residence
Stories
One
Garage
2 spaces
MLS #
22133462
County
Marion
Subdivision
Victory Terrace
Total building area
2,462 sqft

About this home

Welcome to this beautifully updated 3-bedroom, 2.5-bath brick ranch home with a basement in Perry Township! Situated on a spacious half-acre lot with mature trees, partial fencing, and no HOA, this home offers the perfect combination of comfort, space, and functionality. Inside, you'll find an updated kitchen complete with granite countertops, stainless steel appliances, and newer flooring, along with beautifully refinished hardwood flooring throughout the home and updated bathrooms featuring tile showers. The inviting living room offers a cozy bay window, while the family room features a gas-log fireplace. The convenient mudroom adds everyday functionality, and the primary bedroom includes an attached half bath. Major improvements include newer windows, doors, trim, high efficiency HVAC, and water heater, along with a whole-house water filter, water purification system, and water softener. Enjoy outdoor living with a concrete patio, fire pit, mini barn, and welcoming front wood deck. The attached two-car garage also features a workshop, providing additional space for hobbies, projects, or storage. The basement offers even more potential for additional living space, recreation, or storage. With room to spread out both inside and out, this is a home you won't want to miss!

Description provided by the listing brokerage.

Interior

Appliances
DishwasherDryerDisposalMicrowaveGas OvenRefrigeratorWasherWater HeaterWater PurifierWater Softener Owned
Interior features
Attic Pull Down StairsWood Work Painted
Kitchen
Kitchen Updated
Flooring
Hardwood
Basement
Unfinished
Fireplaces
1
Fireplace type
Family RoomGas Log
Laundry
In Basement
Windows
Bay Window(s)Vinyl Windows
Security
Security System
Rooms
7
Main-level bedrooms
3

Exterior

Exterior features
Barn MiniFire Pit
Patio and porch
DeckPatioPorch
Construction
BrickVinyl Siding
Foundation
BlockCrawl Space
Style
Traditional
Parking and garage
AttachedAsphaltWorkshop in Garage
Fencing
Partial

Systems

Heating
Forced AirNatural Gas
Cooling
Central Air
Water
Private

Schools

School district
Perry Township Schools

Taxes

Estimated annual tax
$4,284 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Price history

Every listing, price change and sale we have on record for this home.

DateEventPrice$/sq ft
Listed for sale$300,000$207 / sq ft
Sold$272,000$188 / sq ft
Price cut$279,900 −6.7%$193 / sq ft
Listed for sale$300,000$207 / sq ft

Properties displayed may be listed or sold by various participants in the MLS.

Information deemed reliable but is not guaranteed accurate.

© 2026 MIBOR REALTOR® Association

Based on information submitted to the Broker Listing Cooperative listing service as of November 12, 2026

Estimate your monthly payment

$1,974per month, estimated
Principal and interest $1,512Property tax $357Insurance $105
20% · $60,000
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
Address
116 Tulip Drive, Indianapolis, IN 46227
County
Marion
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Listed at$300,000
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