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1245 S Belmont Avenue, Indianapolis, IN 46221

Here's 1245 S Belmont Avenue in Indianapolis, IN 46221. This listing is closed, but I can still walk you through the details.

7 photos from the listing — tap any to expand.

Photo of 1245 S Belmont Avenue, Indianapolis, INSold — 1245 S Belmont Avenue, Indianapolis, IN 462211 / 7

Quick read on the numbers:

$99,900$124,900

Sold
Beds

3

Baths

1

Sq ft

816

Built

1920

Acres

0.12

Key things to know

  • Sold 20% below list in 92 days
  • Tenant-occupied, immediate rental income
  • 2-car garage
  • Established neighborhood location
  • Seller covers $1500 closing costs

About this home

1920s investor-ready rental with tenant in place, 3-bed/1-bath on quiet Indianapolis street. Turnkey cash flow opportunity.

I'll break the details down — open any section that matters.

This home has sold:

Sold

$100,000

-$24,900 below list (-19.9%)

Closed
May 8, 2026
Listed at
$124,900
Sold
1 month ago
Sold in
92 days

Price history

  1. Sold$100,000

    May 8, 2026

  2. Price reduced$104,900 → $99,900

    Apr 23, 2026

  3. Listedat $124,900

    Jan 6, 2026

Kappes & Naltners Belmont · activity

past 6 months

Sold
3
Median price
$103,000
Median DOM
31 days

A few similar homes that recently sold nearby:

Recent comparable sales

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  • 6154 Long River Lane

    $195,000

    6154 Long River Lane

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Comparative value

5 comps in this range

This home is 45% below median for similar nearby sales.

$70K$195KMedian $182K
$100K

A few places to dig deeper:

Kappes & Naltners Belmont Indianapolis Public Schools

MLS# 22078955

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