$135,883

929 Olin Ave Indianapolis, IN 46222

$1,614
Closing credit¹
3 beds
1 full
720 sqft
0.08 acres
$189 / sqft
House

Property details

About 929 Olin Ave

An Investor's Perfect Play Cash Flow from Day One You've been searching for the perfect addition to your portfolio a property that doesn't just promise potential but delivers results from the start. Then, you find it. A fully remodeled, tenant-occupied **cash-flowing investment** that's already working for you. The numbers check out. The tenant is secured through September 2025, meaning no vacancies, no searching, and no stress just immediate and steady income. As you walk up to the home, you notice the fresh siding and new roof, a clear sign that maintenance headaches won't be an issue. Inside, the transformation is undeniable stripped to the studs and rebuilt with brand-new HVAC, water heater, windows, and updated electrical. It's turn-key, no extra work is needed. The kitchen steals the show. Stainless steel appliances and butcher block countertops make it a standout feature appealing to tenants, built for durability, and designed to keep occupancy rates high. With two bedrooms, a bonus room, and a well-thought-out layout, the home offers comfort and functionality, ensuring long-term renter appeal. Then, the location. Just steps from the B&O Trail, perfect for tenants who enjoy an active lifestyle. A short drive to I-70 and the airport, making commutes easy. It's a prime rental spot, attracting consistent demand. This isn't just another property it's an investment that works from day one. No delays, no renovations, no uncertainty. The rent is already rolling in. Seize this opportunity before another investor does. Add this winner to your portfolio!

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size720 sqft
Lot size0.08 Acres
Year built1953
MLS #21987832

Summary

  • Full Bathrooms: 1
  • Appliances: Dishwasher, Disposal, Microwave Hood, Gas Oven, Refrigerator
  • Basement: No
  • Interior: Attic Access
  • Total Bedroom Count: 3
  • Architectural Style: Cape Cod
  • Heating: Forced Air, Natural Gas
  • List Price: $135,883
  • Price/SqFt: $188
  • Annual Tax Amount: $1,126
  • Tax Year: 2023
  • Directions: GPS Friendly
  • Year Built: 1953
  • Living Area: 720 SqFt
  • Lot Size: 0.08 Acres
  • MLS Number: 21987832
  • MLS Name: MIBOR
  • Office Name: Resolute Realty
  • Office Email: drivers@resolute-rd.com
  • Listing Agent: Dana Rivers

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.

DMCA Notice

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.

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Last updated on: 6/23/2025, 11:46:27 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

929 Olin Ave, Indianapolis, IN 46222 - exterior space featuring a patio and a lawn

$135,883

929 Olin Ave

$1,614

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 16, 2024
Home Sold
$52,000

Tax history

YearAssessmentProperty Tax
2023$47,500$1,126
2022$45,100$1,064
2021$30,400$578
2020$25,000$593
2019$23,100$576
2018$22,200$516
2017$22,100$572

History based on county public records data.

Nearby schools

5

Allegiant Preparatory Academy

Public Charter KG-3

0.7 mi

3125 Concord Ct Ste B

4

Ernie Pyle Magnet Elementary School 90

Public District PK-6

0.9 mi

3351 W 18th St

7

Carl G. Fisher Elementary School

Public District KG-6

1.3 mi

5151 W 14th St

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 $37,232. Most Indianapolis, IN residents have annual incomes less than $<35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

47%
<35k
46%
35k-100k
6%
100k-200k
1%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

45%
Single, No Kids
24%
Single, with Kids
16%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
8%
12-17 yrs old
28%
18-34 yrs old
39%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Big LotsBig Lots

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

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

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Frequently asked questions

About 929 Olin Ave

The listing price of 929 Olin Ave property is $135,883.

The property 929 Olin Ave is a house located in Indianapolis, Indiana, 46222.

Active Listing: 929 Olin Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 929 Olin Ave are: Allegiant Preparatory Academy (GreatSchools Rating 5/10), Ernie Pyle Magnet Elementary School 90 (GreatSchools Rating 4/10), Carl G. Fisher Elementary School (GreatSchools Rating 7/10), The Path School (GreatSchools Rating 3/10), Christel House Academy West (GreatSchools Rating 4/10), Speedway Junior High School (GreatSchools Rating 8/10), George Washington High School (GreatSchools Rating 1/10), Excel Center for Adult Learners (GreatSchools Rating 1/10), Indianapolis Metropolitan High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $1,126 (source: MLS/based on county public records data).

The last sale was on February 16, 2024 for $52,000 (source: MLS/tax record).

The property at 929 Olin Ave has 3 bedrooms and 1 bathroom.

The property 929 Olin Ave is 720 SqFt (source: MLS/tax record).

The year of construction for 929 Olin Ave is 1953.

This home is located at 929 Olin Ave in Indianapolis, IN and zip code 46222 in the Near Westside neighborhood. This 720 square foot home, which was built in 1953, sits on a 0.08 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 28, 2024 and is currently priced at $135,883.

Indianapolis, IN housing market in May 2025 saw over 300 listings sold above listed price, more than 315 sold at listed price and over 544 sold below. Between April and May 2025, Indianapolis, IN real estate market has seen increase in the number of listings by 3.7%. Listings spent 34 days on the market in May 2025, and had a median list price of $250,180 during the same period.

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

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