314 Atlantic Street Indianapolis, IN $ 40,000
314 Atlantic Street
$ 40,000
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314 Atlantic Street

Indianapolis, IN, 46227
$ 40,000
Bedrooms2 Baths1.0 Sq 671

Monthly Estimate*

$ 276

314 Atlantic Street, Indianapolis, IN 46227 - Image 1
314 Atlantic Street, Indianapolis, IN 46227 - Image 2

Single Family Home for sale in Indianapolis, IN

for $40,000 with 2 bedrooms and 1 full bath. This 671 square foot home was built in 1940 on a lot size of 0.37.

An opportunity to revamp a property in a great neighborhood. Change the face, create a floor plan, and add new character to this structure. This supervised estate sale is being sold as is. All offers subject to court approval. Enter through the side door and walk-up short steps to the kitchen. Separate laundry room located off entry to kitchen area. Through the kitchen to the living room area and straight to a hallway to find the two bedrooms and 1 full bathroom. Buyer must exercise due diligence in determining status of plumbing, electrical, heating and cooling systems. May not be connected to city water system.

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Single Family Active

Price

$ 40,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 464

Style

Traditional

Lot Size

0.37

Year Built

1940

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22134657

Features
General
Heating None
Cooling None
Possession Closing
Appliances None
Garage Spaces 1
Architectural Style Traditional
Construction Materials Vinyl Siding
Year Built 1940
Township Perry
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction N
Property Type Residential
HOA N
Subdivision Name Elmore Bros Garden
Garage Y/N Y
Total Rooms 6
Full Baths 1
Status Active
Directions GPS Friendly
City Indianapolis
High School District Perry Township Schools
MLS Area 4907 - Marion - Perry
Lot Size Square Feet 15987
Property Attached Y/N N
Standard Status Active
Tax Lot 7
Legal Description Elmore Brothers Garden Heights Add 1st Sec L7
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Exterior
Parking Features Detached
Water Source Other
Foundation Details Crawl Space
Building Area Total 671
Lot Size Acres 0.37
Horse Amenities None
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Interior
Basement (Y/N) N
Half Baths 0
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 1
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* Excluded Features
List By
Carpenter, Realtors®

Broker

tharper@callcarpenter.com

Email

Affordability Calculator

$315
Per Month
88%
12%
0%
Monthly Principal & Interest
$276
Monthly Property Taxes
$39
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
4044910 Elementary School
4044906 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/4/2026$40,000 Listed Price

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314 Atlantic Street, Indianapolis, IN, 46227 is a Single Family Home for sale at $40,000 with 671 sqft and a lot size of 0.37. 314 Atlantic Street has 2 bedrooms, 1.0 baths, and was built in 1940. The property's zip code is 46227 which is in Indianapolis, IN