Recently Sold — 2442 Morning Star Drive, Indianapolis, IN 46229
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ABOUT THIS HOME
Fantastic opportunity for a savvy investor or buyer with a vision. This split-level home offers a spacious 5-bedroom, 2.5-bath layout with a 1-car garage and tremendous upside. This property requires a full renovation but holds the potential for significant after-repair value (ARV) and a strong return on investment. The layout is perfect for multi-generational living or a high-demand rental. This is a chance to transform a diamond in the rough into a stunning, modern home. This is a high-yield project not to be missed!
$140,000
$175,000
Fantastic opportunity for a savvy investor or buyer with a vision. This split-level home offers a spacious 5-bedroom, 2.5-bath layout with a 1-car garage and tremendous upside. This property requires a full renovation but holds the potential for significant after-repair value (ARV) and a strong retu...
1,904
Sq Ft
1961
Year Built
5
Bedrooms
2.1
Bathrooms
Key things to know
- Sold 23% below list in 176 days
- Basement
- Parkwood Terrace subdivision
Sold
$134,000
-$41,000 below list (-23.4%)
- Closed
- Apr 29, 2026
- Listed at
- $175,000
- Sold
- 2 weeks ago
- Sold in
- 176 days
Price history
- Sold$134,000
Apr 29, 2026
- Price reduced$143,000 → $140,000
Feb 6, 2026
- Listedat $175,000
Sep 18, 2025
Parkwood Terrace · activity
past 6 months
- Sold
- 12
- Median price
- $194,900
- Median DOM
- 70 days
Recent comparable sales
$295,000
2536 Autumn Road
4bd · 3ba · 2,244 sqft
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$285,000
2228 Rosswood Boulevard
4bd · 3ba · 2,456 sqft
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$205,000
2613 Sheffield Drive
4bd · 2ba · 1,752 sqft
Sold Apr 2026
$288,000
12075 Country Side Drive
4bd · 3ba · 2,390 sqft
Sold Apr 2026
$310,000
2403 Borgman Drive
4bd · 3ba · 2,460 sqft
Sold Apr 2026
Comparative value
5 comps in this range
This home is 53% 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
$175,000Listed· Sep 18, 2025
$140,000Reduced
↓ $35,000 (20.0% off original)
176 days on market
Layout
Schools
Indianapolis Public Schools
Neighborhood
- Downtown Indianapolis8.3 mi
- Fishers High School11.2 mi
- Conner Prairie11.4 mi
- IU Health North Hospital11.4 mi
- Monon Trail (Carmel)12.2 mi
- Carmel High School12.8 mi
PROPERTY DETAILS
Living Area
1,904 sq ft
Year Built
1961
Stories
Two
Subdivision
Parkwood Terrace
Bedrooms
5
Bathrooms
2 full, 1 half
Garage
1 spaces
School District
Indianapolis Public Schools