1615 E Southport Rd

Off Market

1615 E Southport Rd

Indianapolis IN 46227

936 sq. ft.

12371 sq. ft.

Single-Family

Last sold for $122,500

Mark Jones, last sold this property on 27 March 2026 after 76 days on market.

Overview

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.

Features

3 bedrooms

1 bathroom

4 carspaces

4 garage spaces

936 sq. ft. floor area

12371 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 1615 E Southport Rd is $235k.

Median value

$235k

Estimated value range

$92k - $542k

Median days on market

Estimated value trend

-2%

decrease 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 1615 E Southport Rd

2026

Sold

$122,500

27 Mar 2026 by Mark Jones, of PMI Midwest

2025

Rented

Undisclosed

20 Aug 2025 by PMI Midwest

2021

Rented

Undisclosed

01 Feb 2021 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, 270 three-bedroom single-family properties similar to 1615 E Southport Rd, have been sold.

This represents a 10% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Indianapolis for a market analysis.

Alicia McAvene

at Highgarden Real Estate

(17 reviews)

Get a market analysis

Georgina Becerra

at F.C. Tucker Company

(2 reviews)

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Barbara Whiteside

at Keller Williams Indy Metro NE

(80 reviews)

Get a market analysis

Sarah Riggen

at Keller Williams Indy Metro S

(2 reviews)

Get a market analysis

Nearby agents

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

Alicia McAvene

Alicia McAvene is an award winning recommended agent for Indianapolis. They have 1 local sale and collected 2 local reviews across the last 12 months.