8315 East 36th Place

Indianapolis, IN 46226

$120,000
Price
3
Beds
1
Bath
1
1/2 Bath
1,181 Sq. Ft.
$102 / Sq. Ft.
1,181
Sq. Ft.
$102
per Sq. Ft.

Description

Investor alert! This is your opportunity to secure a cash-flowing property with built-in upside potential. Currently rented at $900 per month through January 2025, this turnkey 3-bedroom, 1.5-bath ranch home provides immediate income and a strong foundation for long-term gains. Once the lease expires, you can adjust the rent to match current market rates-or go even further and tap into the Section 8 program. With the IHA rate for a 3-bedroom property in Marion County at $2,110, you'll quickly surpass...Investor alert! This is your opportunity to secure a cash-flowing property with built-in upside potential. Currently rented at $900 per month through January 2025, this turnkey 3-bedroom, 1.5-bath ranch home provides immediate income and a strong foundation for long-term gains. Once the lease expires, you can adjust the rent to match current market rates-or go even further and tap into the Section 8 program. With the IHA rate for a 3-bedroom property in Marion County at $2,110, you'll quickly surpass the coveted 1% rule and significantly boost your monthly cash flow. Located on the far east side of Indianapolis, your tenants will appreciate the convenience of being just minutes from Pendleton Pike's abundant shopping and dining options, close to the expansive Fort Harrison State Park for weekend recreation, and near major freeways for easy commutes. Dubarry Park is only a few blocks away, adding to the property's appeal. Plus, the newly installed HVAC system ensures low-maintenance comfort. Whether you're new to real estate investing or looking to add a stable, cash-flow-focused asset to your portfolio, this property is already working for you-and there's room to grow. Don't let this rare opportunity slip by!
  1. Listed by Peter Stewart • Keller Williams Indpls Metro N • peter@peterstewartrealty.com

Property Details for 8315 East 36th Place

Architectural Style
TraditonalAmerican
Subdivision Name
North Eastwood
Township
Warren
Waterfront
No
LISTING UPDATED: 12/22/2024 02:26 PM

Property Details for 8315 East 36th Place

StatusPending
MLS #22015467
Days on Market2
Taxes$1,063 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1960
Lot Size0.33 AC / 14,374 SF
CountyMarion County

Building Information for 8315 East 36th Place

Stories-Year Built1960Building Size-Lot Size0.33 AC / 14,374 SF

Property Information for 8315 East 36th Place

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46226
  • Postal Code Plus4: 6005
  • State Or Province: IN
  • View: No
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 490819112152000701
  • Semi Annual Property Tax Amt: 1063
  • Tax Exemption: None
  • Tax Year: 2023
  • TaxLot: 18
School Information
  • School District: Indianapolis Public Schools
Parking
  • Garage YN: Yes
  • Garage Spaces: 1.0
  • Garage SqFt: 240
Property
Lot Information
  • Acreage: 1/4-1/2 Acre
  • Lot Description: Mature Trees
  • Lot Size Square Feet: 14201.0
  • Lot Size Acres: 0.33
  • Main Level SqFt: 1181
  • New Construction: False
  • Living SqFt: 0.0
  • Sqft Total: 1181.0
  • Sq Ft Total: 1181.0
  • Year Built Numeric: 1960
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Legal Subdivision: North Eastwood 1st Sec L 18
  • Photos Count: 12
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: Yes
  • Utilities: Cable Connected, Gas
  • Water Source: Municipal/City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding
  • Exterior Features: Storage Shed
  • Foundation Details: Slab
  • Pool Private: No
  • Horse Amenities: None
  • Fencing: Chain Link, Partial
Interior Features
  • Accessibility Features: No
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Electric Oven, Range Hood, Refrigerator, Washer
  • Areas Interior: Living Room Formal
  • Basement YN: No
  • Cooling: Central Electric
  • Eating Area: Dining Combo/Kitchen
  • Fireplaces Total: 0
  • Heating: Forced Air, Gas
  • Interior Features: Entrance Foyer, Eat-in Kitchen
  • Levels: One
  • Room List: Laundry, Mud Room, Primary Bedroom, Family Room, Kitchen, Bedroom 3, Bedroom 2
  • Room and Features: Laundry-Main-Vinyl, Mud Room-Main-Vinyl, Primary Bedroom-Main-Carpet, Family Room-Main-Carpet, Kitchen-Main-Vinyl, Bedroom 3-Main-Carpet, Bedroom 2-Main-Carpet
  • Spa: No
  • Main Level Bedrooms: 3
  • Laundry Features: Main Level
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 6
  • Rooms Total MU: 6
  • Total Rooms: 6
Room 1
  • Room Level: Main
  • Room Dimensions: 6x5
  • Room Features: Vinyl
  • Room Type: Laundry
Room 2
  • Room Level: Main
  • Room Dimensions: 06X08
  • Room Features: Vinyl
  • Room Type: Mud Room
Room 3
  • Room Level: Main
  • Room Dimensions: 11X12
  • Room Features: Carpet
  • Room Type: Primary Bedroom
Room 4
  • Room Level: Main
  • Room Dimensions: 14X15
  • Room Features: Carpet
  • Room Type: Family Room
Room 5
  • Room Level: Main
  • Room Dimensions: 11X14
  • Room Features: Vinyl
  • Room Type: Kitchen
Room 6
  • Room Level: Main
  • Room Dimensions: 10X12
  • Room Features: Carpet
  • Room Type: Bedroom 3
Room 7
  • Room Level: Main
  • Room Dimensions: 10X10
  • Room Features: Carpet
  • Room Type: Bedroom 2
Bathrooms
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total Count: 2
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 1
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 1
  • Half Baths MU: 1
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 3
  • Bedrooms MU: 3
  • Bedrooms Total: 3

Property History for 8315 East 36th Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8315 East 36th Place

Taxable ValueLand$15,000Additions$74,600Total$89,600
Tax Record2023$2,126 ($177 / month)
Home Facts
Beds3Total Finished SqFt1,181 SqFtAbove Grade Finished SqFt1,181 SqFtStories1Lot Size14,201 SqFtStyleSingle Family ResidenceYear Built1960ZoningZO01CountyMARIONAPN49-08-19-112-152.000-701Fireplace TypeMasonry

Schools near 8315 East 36th Place

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
George S. Buck School 94
PublicPK to 6

Arlington Community Middle School
Public7 to 8

Arsenal Technical High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Indpls Metro N

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.