About This Home

This 3-bedroom, 2-bathroom single family at 1040 Tulip Drive in Indianapolis, IN is listed for $300,000 ($165 per sqft). Built in 1951, the home offers 1,822 sqft of living space on a 0.82 acres lot.

Key Features

  • Built in 1951
  • 0.82 acre lot

Property Details

1 story
1 full, 1 half
1-car garage
1951

Amenities

A/C
Listing Description

Experience the charm and character of the Homecroft Historic District in this beautifully maintained 3-bedroom, 1.5-bath brick ranch situated on a nearly 1-acre lot. Just minutes from downtown Indianapolis, this home offers a rare combination of historic neighborhood appeal, modern updates, and exceptional outdoor space.

Inside, hardwood floors span the main level, complemented by updated bathrooms, abundant natural light, and stylish new light fixtures. The kitchen blends mid-century modern character with contemporary convenience, featuring white-painted cabinetry, stainless steel appliances, a farmhouse sink, sleek countertops, and a tile backsplash.

Recent appliance upgrades include a new oven/range, dishwasher, and microwave. The full basement provides valuable additional living and flexible-use space, including an oversized recreation or playroom with luxury vinyl plank flooring, a wet bar rough-in, and a separate room ideal for a home office, workout room, or hobby space.

The partially unfinished area offers dedicated laundry, storage, and workshop space. Additional updates and features include a new HVAC system, sump pump with battery backup, radon mitigation system, and garage door opener. Step outside to enjoy the privacy and tranquility of the expansive, fenced backyard, shaded by mature maple trees.

The impressive 450 sqft paver patio, complemented by an extended stoop and illuminated stairway, creates an inviting setting for entertaining, outdoor dining, or relaxing. With nearly an acre of land, there is ample room for gardening, pets, recreation, and gatherings.

Living in the Homecroft Historic District means enjoying a close-knit community with convenient access to Indianapolis amenities. With its timeless brick construction, thoughtful modern improvements, spacious basement, and exceptional outdoor setting, this Homecroft property offers a unique opportunity to enjoy historic charm with the comforts of modern living.

Monthly Cost Estimate

$1,604/mo

20% down · 6.5% · 30 years

Principal$217
Interest$1,300
Insurance$88

Estimates only. Actual payments may vary.

Location

1040 Tulip Drive

Indianapolis, IN 46227

Laura Templetons

Features & Amenities

Interior Features

Bath Sinks Double MainBuilt-in FeaturesPaddle Fan

Property Details

Construction

Brick

Outdoor Features

Patio

Parking

Open

Heating

Natural Gas

Cooling

Central Air

Appliances

DishwasherDisposalGas Water HeaterMicroHoodElectric OvenRefrigerator

Questions & Answers

This 3-bedroom, 2-bathroom single family at 1040 Tulip Drive is listed at $300,000 ($165/sqft). The estimated monthly payment is $1,605 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1951, 0.82 acre lot. Interior Features: Bath Sinks Double Main, Built-in Features, Paddle Fan.

This property is listed by Ron Rose and can be reached at (317) 888-5000.

RR

Ron Rose

Agent at Indiana Realty Pros, Inc.

(317) 888-5000
Agent website

Listed by Indiana Realty Pros, Inc. · Broker phone: (317) 888-5000 · View on Broker Site · Broker website

MLS# 22127953· Source: Broker Listing Cooperative®· 12 days on PropertySimple

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1040 Tulip Drive, Indianapolis, IN 46227

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