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About This Home

This 6-bedroom, 2-bathroom single family at 1241 W 31st Street in Indianapolis, IN is listed for $250,000 ($307 per sqft). Built in 1930, the home offers 814 sqft of living space on a 0.12 acres lot.

Agent Description

Fully Renovated 6-Bedroom Home - Investment or Owner-Occupant Opportunity! Welcome to this beautifully renovated home located at 1241 W 31st St in the heart of Indianapolis. This spacious 6-bedroom, 2-bathroom single-level property offers a rare combination of size, functionality, and modern updates.

Recently updated throughout, the home features fresh flooring, updated kitchens and bathrooms, making it completely move-in ready. With all bedrooms conveniently located on one floor, the layout is ideal for large households, shared living, or maximizing rental potential.

This property is a fantastic investment opportunity with strong rental appeal due to the high bedroom count, but it's equally well-suited for an end user looking for space and flexibility. Whether you're an investor seeking cash flow or a homeowner wanting room to grow, this property delivers.

Conveniently located near downtown, major roadways, and local amenities, this home sits in an area seeing continued growth and development-adding to its long-term upside. Don't miss your chance to own a turnkey, high-capacity home in a growing Indianapolis market. Bedroom and Living room are virtually staged.

Key Features

  • Built in 1930
  • 0.12 acre lot

Property Details

2 full
1930

Amenities

Basement

Monthly Cost Estimate

$1,337/mo

20% down · 6.5% · 30 years

Principal$181
Interest$1,083
Insurance$73

Estimates only. Actual payments may vary.

Location

1241 W 31st Street

Indianapolis, IN 46208

Armstrongs 1st Add

Features & Amenities

Interior Features

Attic AccessPaddle Fan

Property Details

Construction

BrickStoneVinyl Siding

Heating

Zoned (Heating)

Cooling

Central Air

Appliances

MicrowaveRefrigerator

Questions & Answers

This 6-bedroom, 2-bathroom single family at 1241 W 31st Street is listed at $250,000 ($307/sqft). The estimated monthly payment is $1,083 based on 20% down at 6.5% interest.

Key features include: Built in 1930, 0.12 acre lot. Interior Features: Attic Access, Paddle Fan.

This property is listed by Ely Berger and can be reached at 3173413325 or ely@themodglingroup.com.

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EB

Ely Berger

Agent at The Modglin Group

(317) 341-3325

Listed by The Modglin Group · View on Broker Site

MLS# 22090030· Source: listhub· Updated 44 days ago

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1241 W 31st Street, Indianapolis, IN 46208

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