1615 E Southport Rd

936 Sq. Ft.
$149 / Sq. Ft.
936
Sq. Ft.
$149
per Sq. Ft.

Description

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...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.
  1. Listed by Mark Jones • PMI Midwest

Property Details for 1615 East Southport Road

Architectural Style
Ranch
Subdivision Name
No Subdivision
Township
Perry
LISTING UPDATED: 01/11/2026 05:31 PM

Property Details for 1615 East Southport Road

StatusActive
MLS #22079394
Days on Market20
Taxes$1,694 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1984
Lot Size0.28 AC / 12,196 SF
CountyMarion County

Location

Listing Courtesy of PMI Midwest
Add your commute

Building Information for 1615 East Southport Road

Stories-Year Built1984Building Size-Lot Size0.28 AC / 12,196 SF

Payment Calculator

$964 per month

30 year fixed, 6.15% Interest

Principal and Interest

$682

Property Taxes

$282

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1615 East Southport Road

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: I-465 South to State Road 37 South, Left on Southport Road to home on the right.
  • Postal Code: 46227
  • Postal Code Plus4: 5213
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 491518129001000500
  • Semi Annual Property Tax Amt: 1694
  • Tax Year: 2024
  • TaxLot: 0
School Information
  • School District: Indianapolis Public Schools
Parking
  • Garage YN: No
  • Garage Spaces: 4.0
Property
Lot Information
  • Acreage: 1/4-1/2 Acre
  • Lot Size Square Feet: 12371.0
  • Lot Size Acres: 0.28
  • Main Level SqFt: 936
  • New Construction: False
  • Living SqFt: 0.0
  • Sqft Total: 936.0
  • Sq Ft Total: 936.0
  • Year Built Numeric: 1984
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Legal Subdivision: Pt Nw1/4 Ne1/4 S18 T14 R4 Beg 37.17' S & 93.46' Eof Nw Cor E 4.61' E 80.32' S 142.65' W 84.77'N 134.43' To Beg Tract B .269 Acres
  • Photos Count: 32
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
Utilities
  • Solid Waste: No
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding
  • Foundation Details: Slab
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Electric Oven, Refrigerator, Gas Water Heater
  • Basement YN: No
  • Cooling: Central Air
  • Eating Area: Dining Combo/Kitchen
  • Fireplaces Total: 0
  • Heating: Forced Air, Natural Gas
  • Interior Features: Paddle Fan
  • Levels: One
  • Additional Equipment: Smoke Alarm
  • Room List: Primary Bedroom, Kitchen, Bedroom 2, Bedroom 3
  • Room and Features: Primary Bedroom-Main, Kitchen-Main-Tile-Ceramic, Bedroom 2-Main, Bedroom 3-Main
  • Main Level Bedrooms: 3
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 4
  • Rooms Total MU: 4
  • Total Rooms: 4
Room 1
  • Room Level: Main
  • Room Dimensions: 14x11
  • Room Type: Primary Bedroom
Room 2
  • Room Level: Main
  • Room Dimensions: 12x9
  • Room Features: Tile-Ceramic
  • Room Type: Kitchen
Room 3
  • Room Level: Main
  • Room Dimensions: 10x10
  • Room Type: Bedroom 2
Room 4
  • Room Level: Main
  • Room Dimensions: 10x10
  • Room Type: Bedroom 3
Bathrooms
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Count: 1
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 1
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 3
  • Bedrooms MU: 3
  • Bedrooms Total: 3

Property History for 1615 East Southport Road

DateEvent & SourcePriceAppreciation
Jan 9, 2026

Listed (Active)

MIBORMLS #22079394

$139,900—
Nov 25, 2020

Sold (Public Record)

Public Record #684705624

$95,000

+11.5% / yr

Nov 25, 2020

Sold

MIBORMLS #21673667

$95,000—
Nov 2, 2020

Pending

MIBORMLS #21673667

—
Oct 17, 2020

Price Change

MIBORMLS #21673667

$104,900—
Oct 10, 2019

Listed (Active)

MIBORMLS #21673667

$99,900—
Jun 29, 2009

Sold (Public Record)

Public Record #278820630

$27,500—
Jun 26, 2009

Sold

MIBORMLS #2903599

$27,500—
Jun 8, 2009

Pending

MIBORMLS #2903599

—
Dec 8, 2008

Listed (Active)

MIBORMLS #2903599

$49,900—
Dec 1, 2008

Expired

MIBORMLS #2851474

—
Sep 1, 2008

Listed (Active)

MIBORMLS #2851474

$129,900—
Feb 16, 2008

Expired

MIBORMLS #2757044

—
Feb 16, 2008

Expired

MIBORMLS #2757052

—
Aug 16, 2007

Listed (Active)

MIBORMLS #2757044

$299,900—
Aug 16, 2007

Listed (Active)

MIBORMLS #2757052

$299,900—
DateEvent & SourcePrice
01/09/2026

Listed (Active)

MIBORMLS #22079394

$139,900
11/25/2020

Sold (Public Record)

Public Record #684705624

$95,000

+11.5% / yr

11/25/2020

Sold

MIBORMLS #21673667

$95,000
11/02/2020

Pending

MIBORMLS #21673667

—
10/17/2020

Price Change

MIBORMLS #21673667

$104,900
10/10/2019

Listed (Active)

MIBORMLS #21673667

$99,900
06/29/2009

Sold (Public Record)

Public Record #278820630

$27,500
06/26/2009

Sold

MIBORMLS #2903599

$27,500
06/08/2009

Pending

MIBORMLS #2903599

—
12/08/2008

Listed (Active)

MIBORMLS #2903599

$49,900
12/01/2008

Expired

MIBORMLS #2851474

—
09/01/2008

Listed (Active)

MIBORMLS #2851474

$129,900
02/16/2008

Expired

MIBORMLS #2757044

—
02/16/2008

Expired

MIBORMLS #2757052

—
08/16/2007

Listed (Active)

MIBORMLS #2757044

$299,900
08/16/2007

Listed (Active)

MIBORMLS #2757052

$299,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1615 East Southport Road

Taxable ValueLand$13,300Additions$119,800Total$133,100
Tax Record2024$3,388 ($282 / month)
Home Facts
Beds0Total Finished SqFt936 SqFtAbove Grade Finished SqFt936 SqFtStories1Lot Size12,371 SqFtStyleSingle Family ResidenceYear Built1984ZoningZO01CountyMARIONAPN49-15-18-129-001.000-500

Schools near 1615 East Southport Road

This home is within Perry Township Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Southport Elementary School
PublicPK to 5

Southport 6th Grade Academy
Public6

Southport Middle School
Public7 to 8

Southport High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1615 East Southport Road is a single family home for sale in Indianapolis, IN 46227. This property was listed for sale on January 9, 2026 by PMI Midwest, it's currently listed at $139,900. It has been on the market for a total of 20 days and was last sold on November 25, 2020. This listing's school district is Perry Township Schools. Nearby schools include Southport Elementary School, Southport 6th Grade Academy and Southport Middle School. 1615 East Southport Road is a 3-bed, 1-bath, 936 sqft single family home built in 1984.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of PMI Midwest

Based on information submitted to the MLS GRID as of 01/11/2026 05:31 PM. 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. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.