5834 42nd Street
Indianapolis, IN 46226
- 4 beds
- 1 bath
- 1,228 sqft
- 14,898 sqft lot
- $57 per sqft
- 1953 build
This 4-bedroom, 1-bath home in the sought-after Meadowview neighborhood offers a prime investment opportunity for both fix-and-flip investors and rental property owners. With 1,228 sq. ft. of living space, a spacious great room, and an eat-in kitchen, this property has excellent potential for value-add improvements. The detached 2-car garage adds convenience, and the home's functional layout makes it an attractive option for future buyers or tenants. Located in a strong rental market with increasing home values, this property is ideal for a quick flip or long-term hold. Don't miss out-capitalize on this Meadowview investment today!
Last checked:
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Last updated Mar 10, 2025
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MLS# 22021756 —
The Building
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Year Built:1953
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New Construction:false
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Construction Materials:Vinyl With Brick
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Architectural Style:Ranch
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Levels:One
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Basement:false
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Foundation Details:Slab
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Accessibility Features:No
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Green Certification:No
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Building Area Total:1228
Interior
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Rooms:6
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Rooms Total:6
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Rooms Total:6
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Interior Features:Eat-in Kitchen
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Eating Area:Dining Combo/Kitchen
Room Dimensions
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SqFt:1228
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Main Level SqFt:1228
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Living Area:1228
Location
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Directions:Head southeast on I-465 S/I-69, take the exit toward Pendleton Pike, Sue the 2nd lane from the right to exit toward Indianapolis, proceed to Shadeland Ave. Turn left onto 42nd St. Home will be on the right.
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Latitude:39.833372
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Longitude:-86.069198
The Property
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View:true
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:false
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Parcel Number:490715114138000401
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Acres:1/4-1/2 Acre
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Lot Size Acres:0.34
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Lot Size SqFt:14,898 Sqft
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Price Per Acre:205882
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Horse Amenities:None
Listing Agent
- Contact info:
- Agent phone:
- (317) 603-5548
- Office phone:
- (317) 846-6300
Taxes
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Tax Lot:49-07-15-114-138.000-401
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Tax Year:2023
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Semi Annual Property Tax Amt:298
Beds
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Beds:4
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Bedrooms:4
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Bedrooms Total:4
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Main Level Bedrooms:4
Baths
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Baths:1
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Full Baths:1
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Full Baths:1
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Full Baths Main:1
Heating & Cooling
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Heating:No Heating
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Cooling:Central Electric
Utilities
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Water Source:Municipal/City
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Solid Waste:Yes
Appliances
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Appliances:None
Schools
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High School District:Indianapolis Public Schools
The Community
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Subdivision Name:Meadowview
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Association:false
Parking
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Parking Features:Detached
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Garage:true
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Garage Spaces:2
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Garage SqFt:609
Monthly cost estimate

Asking price
$70,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$374
|
Taxes | $49 |
Insurance | $19 |
Utilities | $123 See report |
Total | $565/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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3/9/25
Mar 9, 2025
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Listed / Active | MIBOR | $70,000 |