2005 N Somerset Avenue Indianapolis, IN $ 155,000
2005 N Somerset Avenue
$ 155,000
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2005 N Somerset Avenue

Indianapolis, IN, 46222
$ 155,000
Bedrooms3 Baths1.0 Sq 1,260

Monthly Estimate*

$ 1,071

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Single Family Home for sale in Indianapolis, IN

for $155,000 with 3 bedrooms and 1 full bath. This 1,260 square foot home was built in 1951 on a lot size of 0.12.

Welcome to this charming 3-bedroom, 1-bathroom bungalow offering 1,260 square feet of comfortable living space! Step inside to a large, welcoming living room that is perfect for relaxing or entertaining guests. The home features a fully fenced in yard and built-in cabinetry in the second bedroom that provides both vintage charm and excellent storage space. Outside, you will find a spacious 2-car detached garage, ideal for vehicle parking, a workshop, or additional storage. Best of all, this home is situated in a prime location just 1.5 miles from the iconic Indianapolis Motor Speedway, making it an incredible opportunity for racing fans or a fantastic option for a short-term rental investment. Whether you are looking for your next primary residence or a smart investment property near the heart of Speedway action, this home is full of potential. Schedule your private showing today!

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Single Family Active

Price

$ 155,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 3,800

Style

Bungalow

Lot Size

0.12

Year Built

1951

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22133028

Features
Interior
Interior Amenities Paddle Fan
Basement (Y/N) N
Half Baths 0
Laundry Features In Unit
Total Bedrooms 3
Main Level Bedrooms 3
Total Baths 1
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General
Heating Forced Air Natural Gas
Cooling Central Air
Possession Closing
Appliances Dryer Gas Water Heater Electric Oven Refrigerator Washer
Garage Spaces 2
Patio/Porch Features Covered
Architectural Style Bungalow
Construction Materials Vinyl Siding
Year Built 1951
Township Wayne
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction N
Property Type Residential
HOA N
Subdivision Name Rainbow Ridge
Garage Y/N Y
Total Rooms 7
Full Baths 1
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4909 - Marion - Wayne
Lot Size Square Feet 5271
Property Attached Y/N N
Current Financing Conventional FHA VA
Additional Parcels Y/N N
Standard Status Active
Tax Lot 615
Legal Description Rainbow Ridge L615
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Exterior
Fencing Full Front Yard
Parking Features Detached
Water Source Public
Foundation Details Crawl Space
Spa N
Building Area Total 1260
Lot Size Acres 0.12
Waterfront Y/N N
Horse Amenities None
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* Excluded Features
List By
Re/Max Advanced Realty

Broker

lindsey@indyhomepros.com

Email

Affordability Calculator

$1,387
Per Month
77%
23%
0%
Monthly Principal & Interest
$1,071
Monthly Property Taxes
$317
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
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/23/2026$155,000 Listed Price

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2005 N Somerset Avenue, Indianapolis, IN, 46222 is a Single Family Home for sale at $155,000 with 1,260 sqft and a lot size of 0.12. 2005 N Somerset Avenue has 3 bedrooms, 1.0 baths, and was built in 1951. The property's zip code is 46222 which is in Indianapolis, IN