3349 N College Avenue

Indianapolis, IN
$ 449,900 Beds 5 Baths 5.5 Sq 4,230
Monthly Estimate* How much can I afford?

Room to spread out, room to grow, and plenty of possibilities! This spacious 5-bedroom, 4.5-bath home offers 3,348 sq ft with a flexible layout that is perfect for multi-generational living, a large household, or a smart investment opportunity. With three en-suite bedrooms, the home offers plenty of privacy and flexibility for multiple occupants. The property was previously used for veterans housing, making it an especially interesting opportunity for an investor looking for a property with a layout well suited to shared or specialized residential use. The generous bedroom count, multiple full baths, and three en-suite bedrooms create excellent flexibility for a variety of potential uses. The home blends updates with original character, featuring an updated kitchen, beautiful original built-in wood bookshelves, and fireplaces in both the living room and basement. Recent improvements include all new windows (2024) a roof approximately (2024), new carpet (2025), updated 200-amp electrical service, plumbing, hot water system (2026), HVAC (2026), fencing (2026), and more. Outside, enjoy a fully fenced backyard and detached 2-car garage. Whether you're looking for a comfortable multi-generational home or a property with strong investment potential and a proven history as veterans housing, the house offers space, flexibility, and opportunity!

Active

  • Price
  • $ 449,900
  • City
  • Indianapolis
  • Bedrooms
  • 5
  • Full Bathrooms
  • 5
  • County
  • MARION
  • Half Bathrooms
  • 1
  • Area
  • Center
  • Lot Size
  • 0.18 Acres
  • Zip
  • 46205
  • Sqr Footage
  • 4,230
  • Year Built
  • 1926
  • Taxes
  • $ 1630
  • Style
  • Colonial,Traditional
  • MLS#
  • 22127742
Listed By: Chizuki Lothamer with @properties;
Data Source: MIBOR Broker Listing Cooperative

Features

General

Heating Forced Air,Natural Gas
Cooling Central Air
Possession Closing
Appliances Down Draft,Dryer,Refrigerator,Water Heater,Water Softener Owned
Garage Spaces 2
Architectural Style Colonial,Traditional
Construction Materials Brick
Year Built 1926
Township Center
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction No
Property Type Residential
HOA No
Subdivision Name Osgoods Forest Park
Garage Y/N Yes
Total Rooms 11
Full Baths 5
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 8015
Property Attached Y/N No
Current Financing Conventional,FHA,Owner,VA
Additional Parcels Y/N No
Standard Status Active
Tax Lot 510
Legal Description Osgood Forest Park L189

Interior Features

Interior Amenities Hi-Speed Internet Availbl,Pantry,Walk-In Closet(s)
Basement Full
Total Fireplaces 2
Fireplace Features Basement,Wood Burning
Basement (Y/N) Yes
Half Baths 1
Laundry Features In Basement
Total Bedrooms 5
Below Grade Finished Area 211
Main Level Bedrooms 2
LivingAreaSource Broker
Total Baths 6

Exterior Features

Fencing Privacy,Gate,Security
Parking Features Detached
Water Source Public
Foundation Details Block
Building Area Total 4230
Lot Size Acres 0.18
Waterfront Y/N No
Horse Amenities None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Greenwood, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/26/2026 Listed $449,900

Property vs Zip Code Average in 46205

Price
AVG $340K
$450K
Taxes
AVG $3,926
$1,630
Year Built
AVG 1938
1926

3349 N College Avenue Indianapolis, IN is a Single Family Home for sale at $449900 with 4230 sqft and a lot size of 0.18 Acres Acre(s). 3349 N College Avenue Indianapolis has 5 bedrooms, 5 baths and was built in 1926. The property's zip code is 46205 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.