Sold — 1615 E Southport Road, Indianapolis, IN 46227
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ABOUT THIS HOME
Welcome to 1615 Southport Road, a solid investment opportunity offering immediate rental income with a tenant already in place. This property features a practical layout with comfortable living space and a history of rental demand, making it a strong addition to any investment portfolio. The home is currently tenant-occupied, allowing for cash flow from day one. Conveniently located near major roadways, shopping, dining, and everyday amenities, the property offers long-term appeal for tenants and ease of management for owners. Ideal for investors seeking a stabilized asset with minimal upfront work, 1615 Southport Road presents a straightforward opportunity in an accessible and well-connected area. Please do not disturb tenant. Showings by appointment only.
$129,900
$139,900
Welcome to 1615 Southport Road, a solid investment opportunity offering immediate rental income with a tenant already in place. This property features a practical layout with comfortable living space and a history of rental demand, making it a strong addition to any investment portfolio. The home...
936
Sq Ft
1984
Year Built
3
Bedrooms
1
Bathrooms
Key things to know
- Sold 12% below list in 57 days
- 4-car garage
Sold
$122,500
-$17,400 below list (-12.4%)
- Closed
- Mar 27, 2026
- Listed at
- $139,900
- Sold
- 1 month ago
- Sold in
- 57 days
Price history
- Sold$122,500
Mar 27, 2026
- Price reduced$134,900 → $129,900
Mar 4, 2026
- Listedat $139,900
Jan 9, 2026
Recent comparable sales
Comparative value
5 comps in this range
This home is 38% below median for similar nearby sales.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$139,900Listed· Jan 9, 2026
$129,900Reduced
↓ $10,000 (7.1% off original)
57 days on market
Layout
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis7.3 mi
- Monon Trail (Carmel)20.3 mi
- IU Health North Hospital20.8 mi
- Carmel Central Park20.9 mi
- Carmel High School21.0 mi
- Zionsville Community HS21.5 mi
PROPERTY DETAILS
Living Area
936 sq ft
Year Built
1984
Stories
One
Subdivision
No Subdivision
Bedrooms
3
Bathrooms
1 full
School District
Indianapolis Public Schools