About This Home

This 4-bedroom, 2-bathroom single family at 427 W 42nd Street in Indianapolis, IN is listed for $299,000 ($159 per sqft). Built in 1921, the home offers 1,881 sqft of living space on a 0.21 acres lot.

Key Features

  • Built in 1921
  • 0.21 acre lot
  • 2 stories

Property Details

2 stories
2 full
1921

Amenities

A/C
Listing Description

Welcome home to this beautiful 4-bed, 2-bath 1921 bungalow in one of Indianapolis' most desirable pockets, Butler Tarkington, just minutes from Butler University! The curb appeal makes an immediate impression and has the kind of character new construction simply cannot replicate.

Step inside and you will find a smart, classic floorplan. With brand new carpet throughout creating a fresh, updated feel from the moment you walk in. The dining room is a true standout, featuring unique, original built-ins that showcase the craftsmanship of the era and offer both storage and charm you will not find elsewhere.

The bedroom layout adds real flexibility, with 2 bedrooms on the main level and 2 upstairs, perfect for guests, a home office, a nursery, or multigenerational living. Closet space is exceptional throughout, with HUGE closets that are almost unheard of in a home of this vintage.

Main level laundry (no basement laundry!) makes daily life seamless, and the washer and dryer convey with the home. Upstairs, the full bathroom features a custom tiled shower, adding an elevated touch. Major mechanical updates provide true peace of mind, including the furnace (2020), air conditioning (2020), water heater (2020), roof (2020), and gutters (2020).

With every big ticket item already handled, you can move in and simply enjoy the home for years to come. The uniquely shaped lot runs exceptionally deep and is surrounded by mature trees, creating a private backyard oasis with room for bonfires, grilling, entertaining, gardening, and future projects.

It also offers something truly rare in this neighborhood: off street parking for a lot of vehicles. This is the kind of home buyers hope to find in Butler Tarkington: full of original character, updated where it counts, and sitting on a lot that gives you room to grow. Homes like this in this location do not last long. Come see it before it is gone!

Monthly Cost Estimate

$1,599/mo

20% down · 6.5% · 30 years

Principal$216
Interest$1,296
Insurance$87

Estimates only. Actual payments may vary.

Location

427 W 42nd Street

Indianapolis, IN 46208

Culver Riggs & Lynns

Features & Amenities

Interior Features

Built-in FeaturesWalk-In Closet(s)Hi-Speed Internet Availbl

Property Details

Construction

Wood Siding

Parking

Guest

Heating

Forced AirNatural Gas

Cooling

Central Air

Appliances

MicroHoodElectric OvenBar FridgeGas Water Heater

Questions & Answers

This 4-bedroom, 2-bathroom single family at 427 W 42nd Street is listed at $299,000 ($159/sqft). The estimated monthly payment is $1,599 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1921, 0.21 acre lot, 2 stories. Interior Features: Built-in Features, Walk-In Closet(s), Hi-Speed Internet Availbl.

This property is listed by Bailey Braunecker.

BB

Bailey Braunecker

Agent at eXp Realty

Listed by eXp Realty · Broker phone: (888) 611-3912 · View on Broker Site

MLS# 22121334· Source: Broker Listing Cooperative®· 54 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.

427 W 42nd Street, Indianapolis, IN 46208

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