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2947 S Taft Avenue

Indianapolis, IN 46241

ActiveListed Nov 3, 2026 · 3 days on market

Key facts

Beds
3
Baths
1 full
Living area
944 sqft
Lot
0.17 acres
Year built
1950
Type
Residential · Single Family Residence
Stories
One
MLS #
22134794
County
Marion
Subdivision
Lafayette Heights
Total building area
1,664 sqft

About this home

Bring your vision and unlock the potential! This 3-bedroom bungalow offers an opportunity for investors and homeowners ready to take on a renovation project and create something of their own. Built in 1950, this single-level home features 1,067 square feet of living space, 1 full bath, vinyl siding, and wood windows. Inside, the existing layout provides a starting point for a fresh transformation, with room to reimagine the living spaces and add your personal touch. Whether you're planning your next flip, looking to expand your rental portfolio, or searching for an affordable home to renovate, this property is full of possibilities. Conveniently located on Indianapolis' southwest side near Stout Field Park, Krannert Park, local shopping, and dining, with easy access to I-465 and Indianapolis International Airport. Ready for your next project? This could be the opportunity you've been waiting for!

Description provided by the listing brokerage.

Interior

Interior features
WoodWorkStain/Painted
Windows
Wood Frames
Rooms
6
Main-level bedrooms
3

Exterior

Construction
Vinyl SidingWood Siding
Foundation
BlockFull
Style
Bungalow

Systems

Heating
Forced AirNatural Gas
Cooling
Central Air
Water
Public

Schools

Elementary school
Stephen Decatur Elementary School
Middle school
Decatur Middle School
High school
Decatur Central High School
School district
MSD Decatur Township

Taxes

Estimated annual tax
$1,146 / 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$98,500$104 / sq ft
Sold$24,000$25 / sq ft
Date not recordedPrice change (date not recorded)$35,000 −30%$37 / sq ft
Listed for sale$50,000$53 / sq ft
Sold$14,000$15 / sq ft
Date not recordedPrice change (date not recorded)$24,500 −29.5%$26 / sq ft
Listed for sale$34,750$37 / 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 5, 2026

Estimate your monthly payment

$626per month, estimated
Principal and interest $497Property tax $96Insurance $34
20% · $19,700
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
2947 S Taft Avenue, Indianapolis, IN 46241
County
Marion
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Listed at$98,500
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