$119,900

2040 Laurel St Indianapolis, IN 46203

$1,424
Closing credit¹
2 beds
1 full
672 sqft
0.06 acres
$178 / sqft
House

Property details

About 2040 Laurel St

100% Financing Available | Agents see attached flyer | Welcome to this well-maintained 2-bedroom, 1-bathroom rental property, primed and ready for turn-key investment! This home features a new water heater, AC unit, luxury vinyl plank flooring, a newly renovated backyard space, and fresh paint throughout. Located just east of Bates-Hendricks, this home boasts a prime location with easy access to the vibrant shopping and retail scene in Fountain Square. Quick access to I-65 makes commuting a breeze, while the beautiful Garfield Park Conservatory is just a short distance away. Inside, the home features an open-concept layout with a living room that seamlessly connects to the kitchen. Both bedrooms are well-sized and adaptable, perfect for tenants seeking a comfortable living arrangement or the flexibility to use the rooms as home offices or creative spaces. Outside, the modestly sized backyard is ready to be fenced in for added privacy and enjoyment, making it an ideal spot for tenants to relax, garden, or entertain. This property is an excellent opportunity for investors looking for a rental property ready to go. With its desirable location, functional layout, and ready-to-rent appeal, it's the perfect start or addition to any portfolio.

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusSale Pending
(Pending)
CoolingCentral Air
Size672 sqft
Lot size0.06 Acres
Year built1953
MLS #22025245

Summary

  • MLS Number: 22025245
  • MLS Name: MIBOR
  • Office Name: @properties
  • Office Email: tyler@tylerlingle.com
  • Listing Agent: Tyler Lingle

IDX Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

Copyright ©2025 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to helpdesk@miborsupport.com and DMCAnotice@MLSGrid.com.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 6:16:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

bungalow-style home featuring fence

$119,900

2040 Laurel St

$1,424

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 05, 2021
Home Sold
$79,900
Oct 05, 2020
Home Sold
$52,500
Feb 13, 2006
Home Sold
$15,500

Tax history

YearAssessmentProperty Tax
2023$60,700$1,439
2022$60,700$1,433
2021$42,900$958
2020$41,400$1,075
2019$43,500$993
2018$39,700$847
2017$37,700$775

History based on county public records data.

Nearby schools

3

Eleanor Skillen Elementary School 34

Public District PK-6

0.3 mi

1410 Wade St

4

Piloted Schools Bethel Park

Public Charter KG-4

1.1 mi

2710 Bethel Ave

6

William McKinley Elementary School 39

Public District PK-6

1.4 mi

1733 Spann Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $37,386. The most common annual income of people living in Indianapolis, IN is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

How much money do the neighbors make?

47%
<35k
50%
35k-100k
2%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

52%
Single, No Kids
17%
Single, with Kids
18%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
8%
12-17 yrs old
23%
18-34 yrs old
41%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Golden CorralGolden Corral
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

  • RockRock
  • Adult StandardsAdult Standards
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 2040 Laurel St

This home is located at 2040 Laurel St in Indianapolis, IN and zip code 46203 in the Near Southeast neighborhood. This 672 square foot home, which was built in 1953, sits on a 0.06 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 6, 2025 and is currently priced at $119,900.

While more than 85 listings in Indianapolis, IN in February 2025 were sold above asking price, there were more than 159 listings sold at asking price, and more than 402 were sold below. The inventory of homes for sale in Indianapolis, IN between January and February 2025 increased by 4.3%. In February 2025 median list price was $249,976 and the average listing age was 55 days.

From Rocket Homes Real Estate and based on county public records data.

More resources