Recently Sold — 1245 S Belmont Avenue, Indianapolis, IN 46221
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ABOUT THIS HOME
Welcome to 1245 S Belmont, a well-maintained residential property offering immediate cash flow with a tenant already in place. This home features a functional layout, comfortable living spaces, and consistent rental performance, making it an ideal option for investors looking to add a stabilized property to their portfolio. The property is currently tenant-occupied, providing income from day one. Conveniently located with easy access to local amenities, major roadways, and everyday necessities, this home offers long-term rental appeal in an established neighborhood. Whether you're a seasoned investor or just starting to build your portfolio, 1245 S Belmont presents a solid opportunity with built-in tenancy and minimal upfront effort. Seller will cover %1500 in closing costs. Please do not disturb tenant. Showings by appointment only.
$99,900
$124,900
Welcome to 1245 S Belmont, a well-maintained residential property offering immediate cash flow with a tenant already in place. This home features a functional layout, comfortable living spaces, and consistent rental performance, making it an ideal option for investors looking to add a stabilized pro...
816
Sq Ft
1920
Year Built
3
Bedrooms
1
Bathrooms
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
Sold
$100,000
-$24,900 below list (-19.9%)
- Closed
- May 8, 2026
- Listed at
- $124,900
- Sold
- 5 days ago
- Sold in
- 92 days
Price history
- Sold$100,000
May 8, 2026
- Price reduced$104,900 → $99,900
Apr 23, 2026
- Listedat $124,900
Jan 6, 2026
Kappes & Naltners Belmont · activity
past 6 months
- Sold
- 2
- Median price
- $103,000
- Median DOM
- 92 days
Recent comparable sales
Comparative value
5 comps in this range
This home is 36% below median for similar nearby sales.
FEATURES & AMENITIES
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$124,900Listed· Jan 6, 2026
$99,900Reduced
↓ $25,000 (20.0% off original)
92 days on market
Layout
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis2.4 mi
- Zionsville Community HS14.9 mi
- Monon Trail (Carmel)15.0 mi
- Carmel Central Park15.0 mi
- Carmel High School15.7 mi
- IU Health North Hospital16.1 mi
PROPERTY DETAILS
Living Area
816 sq ft
Year Built
1920
Stories
One
Subdivision
Kappes & Naltners Belmont
Bedrooms
3
Bathrooms
1 full
Garage
2 spaces
School District
Indianapolis Public Schools