2442 Morning Star Dr

$146,000
Price
5
Beds
1,904 Sq. Ft.
$77 / Sq. Ft.
1,904
Sq. Ft.
$77
per Sq. Ft.

Description

Fantastic opportunity for a savvy investor or buyer with a vision. This split-level home offers a spacious 5-bedroom, 2.5-bath layout with a 1-car garage and tremendous upside. This property requires a full renovation but holds the potential for significant after-repair value (ARV) and a strong return on investment. The layout is perfect for multi-generational living or a high-demand rental. This is a chance to transform a diamond in the rough into a stunning, modern home. This is a high-yield project...Fantastic opportunity for a savvy investor or buyer with a vision. This split-level home offers a spacious 5-bedroom, 2.5-bath layout with a 1-car garage and tremendous upside. This property requires a full renovation but holds the potential for significant after-repair value (ARV) and a strong return on investment. The layout is perfect for multi-generational living or a high-demand rental. This is a chance to transform a diamond in the rough into a stunning, modern home. This is a high-yield project not to be missed!
  1. Listed by Robert Salmons • Entera Realty

Property Details for 2442 Morning Star Drive

Architectural Style
Other
Subdivision Name
Parkwood Terrace
Township
Warren
LISTING UPDATED: 12/19/2025 10:16 AM

Property Details for 2442 Morning Star Drive

StatusActive
MLS #22063359
Days on Market97
Taxes$1,555 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1961
Lot Size0.19 AC / 8,276 SF
CountyMarion County

Location

Listing Courtesy of Entera Realty
Add your commute

Building Information for 2442 Morning Star Drive

Stories-Year Built1961Building Size-Lot Size0.19 AC / 8,276 SF

Payment Calculator

$981 per month

30 year fixed, 6.28% Interest

Principal and Interest

$721

Property Taxes

$259

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2442 Morning Star Drive

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46229
  • Postal Code Plus4: 1138
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 490829120038000700
  • Semi Annual Property Tax Amt: 1555
  • Tax Year: 2024
  • TaxLot: 490829120038000700
School Information
  • School District: Indianapolis Public Schools
Parking
  • Garage YN: Yes
  • Garage Spaces: 1.0
  • Garage SqFt: 247
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Size Square Feet: 8320.0
  • Lot Size Acres: 0.19
  • Main Level SqFt: 952
  • New Construction: False
  • Living SqFt: 952.0
  • Sqft Total: 1904.0
  • Sq Ft Total: 1904.0
  • Year Built Numeric: 1961
  • Below Grade Finished Area: 0.0
  • Living Area Source: Appraisal
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Legal Subdivision: Parkwood Terrace 1st Sec Pt L3 Beg 30.77Ft E Of Nwcor E 69.23Ft S 70Ft W 69.23Ft N 70Ft To Beg
  • Photos Count: 12
  • 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: Brick, Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Dishwasher, Refrigerator
  • Basement Description: Partially Finished
  • Basement YN: Yes
  • Cooling: Central Air
  • Eating Area: Dining Combo/Kitchen
  • Heating: Forced Air
  • Interior Features: Walk-In Closet(s)
  • Levels: Two
  • Room List: Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • Room and Features: Primary Bedroom-Main, Bedroom 2-Main, Bedroom 3-Main, Bedroom 4-Basement-Other, Bedroom 5-Basement-Other
  • Main Level Bedrooms: 3
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 2
  • Rooms Basement: 2
Room Information
Room Information
  • Rooms MU: 3
  • Rooms Total MU: 3
  • Total Rooms: 5
Room 1
  • Room Level: Main
  • Room Dimensions: 12x12
  • Room Type: Primary Bedroom
Room 2
  • Room Level: Main
  • Room Dimensions: 10x10
  • Room Type: Bedroom 2
Room 3
  • Room Level: Main
  • Room Dimensions: 10x10
  • Room Type: Bedroom 3
Room 4
  • Room Level: Basement
  • Room Dimensions: 10x10
  • Room Features: Other
  • Room Type: Bedroom 4
Room 5
  • Room Level: Basement
  • Room Dimensions: 10x10
  • Room Features: Other
  • Room Type: Bedroom 5
Bathrooms
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Count: 3
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 2
  • Full Baths Upper: 1
  • Half Baths Basement: 1
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 3
  • Bedrooms MU: 3
  • Bedrooms Total: 5

Property History for 2442 Morning Star Drive

DateEvent & SourcePriceAppreciation
Dec 19, 2025

Price Change

MIBORMLS #22063359

$146,000—
Nov 21, 2025

Price Change

MIBORMLS #22063359

$151,000—
Oct 31, 2025

Price Change

MIBORMLS #22063359

$156,000—
Oct 10, 2025

Price Change

MIBORMLS #22063359

$161,000—
Sep 26, 2025

Price Change

MIBORMLS #22063359

$168,000—
Sep 18, 2025

Listed (Active)

MIBORMLS #22063359

$175,000—
Apr 10, 2013

Sold (Public Record)

Public Record #356471182

$53,000—
Sep 10, 2004

Sold

MIBORMLS #2446797

$61,000—
Aug 26, 2004

Pending

MIBORMLS #2446797

—
Aug 13, 2004

Listed (Active)

MIBORMLS #2446797

$64,500—
DateEvent & SourcePrice
12/19/2025

Price Change

MIBORMLS #22063359

$146,000
11/21/2025

Price Change

MIBORMLS #22063359

$151,000
10/31/2025

Price Change

MIBORMLS #22063359

$156,000
10/10/2025

Price Change

MIBORMLS #22063359

$161,000
09/26/2025

Price Change

MIBORMLS #22063359

$168,000
09/18/2025

Listed (Active)

MIBORMLS #22063359

$175,000
04/10/2013

Sold (Public Record)

Public Record #356471182

$53,000
09/10/2004

Sold

MIBORMLS #2446797

$61,000
08/26/2004

Pending

MIBORMLS #2446797

—
08/13/2004

Listed (Active)

MIBORMLS #2446797

$64,500

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

Public Records for 2442 Morning Star Drive

Taxable ValueLand$17,700Additions$117,500Total$135,200
Tax Record2024$3,110 ($259 / month)
Home Facts
Beds3Total Finished SqFt1,904 SqFtAbove Grade Finished SqFt1,904 SqFtStories2Lot Size8,320 SqFtStyleSingle Family ResidenceYear Built1961ZoningZO01CountyMARIONAPN49-08-29-120-038.000-700Fireplace TypeMasonry

Schools near 2442 Morning Star Drive

This home is within M S D Warren Township.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Lakeside Elementary School
PublicK to 4

Creston Intermediate Academy
Public5 to 6

Creston Middle School
Public5 to 8

Warren Central 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

2442 Morning Star Drive is a single family home for sale in Indianapolis, IN 46229. This property was listed for sale on September 18, 2025 by Entera Realty, it's currently listed at $146,000. It has been on the market for a total of 97 days and was last sold on April 10, 2013. This listing's school district is M S D Warren Township. Nearby schools include Lakeside Elementary School, Creston Intermediate Academy and Creston Middle School. 2442 Morning Star Drive is a 5-bed, 3-bath, 1,904 sqft single family home built in 1961.

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 Entera Realty

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/23/2025 04:01 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.