Listing provided courtesy of The Modglin GroupMLS# MBR22090030MLS Provider
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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.

Source: MIBOR, MLS#: MBR22090030

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  • Property Type
    Residential
  • Lot
    0.12 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 1241 W 31st 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
6/18/2026Source: MIBOR Price Reduction
$199,999 -13.0%
5/10/2026Source: MIBOR Price Reduction
$230,000 -8.0%
3/18/2026Source: MIBOR Added to Database
March 18, 2026