1466 S Worth Avenue Indianapolis, IN $ 240,000
1466 S Worth Avenue
$ 240,000
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1466 S Worth Avenue

Indianapolis, IN, 46241
$ 240,000
Bedrooms2 Baths1.0 Sq 1,020

Monthly Estimate*

$ 1,658

1466 S Worth Avenue, Indianapolis, IN 46241 - Image 1
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Single Family Home for sale in Indianapolis, IN

for $240,000 with 2 bedrooms and 1 full bath. This 1,020 square foot home was built in 1940 on a lot size of 0.19.

Looking for a turnkey investment opportunity? This unique property offers two fully renovated homes on one lot, providing immediate rental income and excellent flexibility. The 1,020 sq. ft. main home features 2 bedrooms and 1 full bath and is currently leased for $1,590 per month. A separate 750 sq. ft. garage apartment offers an additional 1 bedroom and 1 full bath and is currently leased for $1,100 per month. The main home has been extensively renovated with major updates including a newer roof, flooring, plumbing, electrical, windows, HVAC system, and a beautifully updated kitchen with new appliances. Spacious bedrooms and comfortable living areas make this a desirable and functional home for tenants. The detached garage apartment has also been fully renovated and features its own updated kitchen, appliances, and private bath. With separate living spaces and strong rental income, this property presents an excellent opportunity for investors seeking a low-maintenance addition to their portfolio. Both residences share a driveway and offer ample yard space. Current combined rental income is $2,690 per month. Tenant rights apply.

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Single Family Active

Price

$ 240,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 2,810

Style

Traditional

Lot Size

0.19

Year Built

1940

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22123393

Features
Interior
Interior Amenities Vaulted Ceiling(s) Cathedral Ceiling(s)
Total Fireplaces 0
Basement (Y/N) N
Half Baths 0
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 1
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General
Heating Forced Air
Cooling Central Air
Possession Closing
Appliances Dishwasher MicroHood Electric Oven Refrigerator
Garage Spaces 0
Patio/Porch Features Porch
Architectural Style Traditional
Security Features Smoke Detector(s)
Construction Materials Vinyl Siding
Year Built 1940
Township Wayne
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction N
Property Type Residential
HOA N
Subdivision Name Sunset Park
Garage Y/N N
Total Rooms 4
Full Baths 1
Status Active
Directions GPS Friendly
High School Ben Davis High School
City Indianapolis
High School District MSD Wayne Township
MLS Area 4909 - Marion - Wayne
Lot Size Square Feet 8276
Elementary School Maplewood Elementary School
Property Attached Y/N N
Standard Status Active
Tax Lot 49-12-13-101-187.000-930
Legal Description Sunset Park L 41
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Exterior
Parking Features Detached
Lot Features Mature Trees Trees-Small (Under 20 Ft)
Water Source Public
Foundation Details Crawl Space
Building Area Total 1020
Lot Size Acres 0.19
Waterfront Y/N N
Horse Amenities None
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* Excluded Features
List By
Matlock Realty Group

Broker

beau@matlockgroup.net

Email

Affordability Calculator

$1,892
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,658
Monthly Property Taxes
$234
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4301291 Elementary School
4045003 Middle School
Ben Davis High School High School
Pricing History
DatePricePrice ChangeDescription
9/16/2026$240,000 -3.96% Price Down
9/16/2026$249,900 Listed Price

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1466 S Worth Avenue, Indianapolis, IN, 46241 is a Single Family Home for sale at $240,000 with 1,020 sqft and a lot size of 0.19. 1466 S Worth Avenue has 2 bedrooms, 1.0 baths, and was built in 1940. The property's zip code is 46241 which is in Indianapolis, IN