Listing provided courtesy of Trueblood Real EstateMLS# MBR22085688MLS Provider
  • 116 days on site
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Located at 421 W 39th Street in Indianapolis, this 1907 two-story single-family home presents a strong opportunity for investors seeking a rental-ready or value-add property. The home offers four bedrooms and two full bathrooms, providing a functional layout that appeals to tenants needing flexible space. One bedroom includes a walk-in closet for added storage. A dedicated laundry room adds everyday convenience. The kitchen features shaker-style cabinets, stone countertops, a backsplash, and a chimney-style range hood, offering durable and practical finishes suitable for long-term use. Exterior features include a covered front porch, rear patio, and a fenced backyard - desirable amenities for renters. The lot offers manageable outdoor space with privacy potential. With its simple layout, solid updates, and a little TLC, this property is well-suited for buy-and-hold investors or those looking to expand their rental portfolio in the Indianapolis market.

Source: MIBOR, MLS#: MBR22085688

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  • Property Type
    Residential
  • Lot
    0.15 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 421 W 39th Street


Schools

School data unavailable,
School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/11/2026Source: MIBOR Price Reduction
$225,000 -4.3%
4/13/2026Source: MIBOR Price Reduction
$235,000 -2.1%
3/7/2026Source: MIBOR Added to Database
March 07, 2026