Back 242 North Arsenal Avenue
Off Market

242 North Arsenal Avenue

Indianapolis IN 46201

4
2
1
3155 sq. ft.
6752 sq. ft.
Single-Family
Last sold for $385,000
Rich CostelloRich Costello, last sold this property on 23 July 2026 after 321 days on market.

Overview

Quintessential Victorian in the Holy Cross neighborhood with 4BRs, 2 full baths, extra wide lot, all with 2,805 square feet of living space! Original woodwork with lots of character (not painted!), fireplace and hardwood floors. You can't miss this house with it's 2-story turret and exquisite windows - on a great stretch of Arsenal Ave. All new interior paint. Sunny kitchen has lots of windows and counter space. 3 BRs and FB on main level, upstairs you will find a lg. full bath, huge closet, sep. HVAC system, and a 20 x 50 open space to make all your own: primary BR, rec/entertainment area, studio or office space. Recent upgrades include all new exterior paint & siding 2024, newer trough gutters, ALL new electric in 2026, main floor insulation, newly renovated main floor bathroom with new shower. Newer main furnace. Basement for storage, and a 1 car block garage with newer bay door. All appliances stay, including washer and dryer. Enjoy the swing on the front porch. Original oak front door, and it's cool storm door. Nice perennials in sunny back yard. Last 2 owners inhabited for 94 years! Great location close to everything, watch the fireworks from Highland Park, walk to coffee shops, Midland Antiques, and the restaurants King Dough, La Parada, Yazsh, Public Smokehouse, etc. Dedicated bike paths on Michigan and New York Sts. Easy walk/ride to downtown, Mass Ave. and the Cultural/Monon Trail! Earnest Money may be submitted via Earnnest. Click or visit https://www.callcarpenter.com/earnest-money. Property address, Buyer Agent name, and bank account info will be required. Check supplements for instructions.

Features

4 bedrooms
2 bathrooms
1 carspace
1 garage space
3155 sq. ft. floor area
6752 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Indianapolis over the last 12 months, the estimated median property value of 242 North Arsenal Avenue is $252.5k.

Median value
$252.5k
Estimated value range
$85k - $886.75k
Median days on market
45
Estimated value trend
-10%
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 242 North Arsenal Avenue

2026
Sold
$385,000
23 Jul 2026 by Rich Costello, of Carpenter Realtors - East

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 6 reviews in Indianapolis over the last 12 months.

Local market activity for 4 bedroom single-family properties in Indianapolis

In the last 12 months, 53 four-bedroom single-family properties similar to 242 North Arsenal Avenue, have been sold.

This represents a 37% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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