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Back 1245 S Belmont Ave
Off Market

1245 S Belmont Ave

Indianapolis IN 46221

3
1
2
1632 sq. ft.
5140 sq. ft.
Single-Family
Last sold for $100,000
Mark JonesMark Jones, last sold this property on 08 May 2026 after 120 days on market.

Overview

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.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
1632 sq. ft. floor area
5140 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Indianapolis over the last 12 months, the estimated median property value of 1245 S Belmont Ave is $230k.

Median value
$230k
Estimated value range
$20k - $369.9k
Median days on market
15
Estimated value trend
0%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Indianapolis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1245 S Belmont Ave

2026
Sold
$100,000
08 May 2026 by Mark Jones, of PMI Midwest
2021
Rented
Undisclosed
02 Aug 2021 by PMI Midwest
2020
Rented
Undisclosed
05 Aug 2020 by PMI Midwest

Happy sellers in Indianapolis

87%
87% of sellers in Indianapolis reported that their sale price either exceeded or met their price expectations.

Indianapolis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Indianapolis over the last 12 months.

Local market activity for 3 bedroom single-family properties in Indianapolis

In the last 12 months, 191 three-bedroom single-family properties similar to 1245 S Belmont Ave, have been sold.

This represents a 19% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Indianapolis

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Jessica Leatherman

Jessica Leatherman is a recommended agent for Indianapolis.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (2 reviews)
  •  1 Review in Indianapolis
  •  1 Sale in Indianapolis
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Rene Hauck

Rene Hauck is an award winning recommended agent for Indianapolis.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (42 reviews)
  •  1 Review in Indianapolis
  •  1 Sale in Indianapolis
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Laura O'Connor

Laura O'Connor is a recommended agent for Indianapolis.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   4.8   (4 reviews)
  •  1 Review in Indianapolis
  •  1 Sale in Indianapolis
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Denise Drain

Denise Drain is a recommended agent for Indianapolis.  They have collected 1 local review across the last 12 months.

  •   5   (1 review)
  •  1 Review in Indianapolis
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