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Off market
  • $118,200

    1417 Kappes St, Indianapolis, IN 46221

    4beds
    2,162sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $118,200 Zestimate®
    $55/sqft
    $1,259 Estimated rent

    Home value

    $118,200

    $86,000 - $152,000

    $1,259/mo

    Zestimate® history
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    Owner options

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    $1,259/mo

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    $1,259/mo

    Rent Zestimate®

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    $594/mo

    Est. payment

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    $594/mo

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    What's special

    This Homes on Payments property has a sales price of $119,900 with $1500 down and $1049 monthly. Term is 30 years under a purchase contract at a fixed rate of interest (9.66%). There are. . . NO "pre-payment penalties". . . NO "balloon payments". . . NO "adjustable rates" or ANY "adverse conditions" to make you lose your property. Taxes ARE included in payment. The only way you will ever lose your home or property... is if YOU don't make your payments. All properties are offered in "AS-IS" condition to be used as investment income properties. Properties may not be rented, lived in or used as a dwelling until property is brought up to minimum habitability standards. Buyer agrees to pay the cost of all repairs and maintenance. 1417 S Kappes St EZ QUALIFY HOMES ON PAYMENTS FIX-UP HOMES LOCATED IN INDIANAPOLIS, INDIANA 1417 S Kappes St Indianapolis, Indiana 46221 4 Bedrooms . . . . . 1 1/2 . . . . . No Garage Price . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $119,900 Monthly Payment . . . . . . . . . . . . . . . . . . . . . . $1049 Down Payment . . . . . . . . . . . . . . . . . . . . . . . $1500 Here's a 4 bedroom at the right price. 1 bedroom on the main floor and 2 bedrooms up. This home is ready for you to put your finishing touches on and add to your portfolio or use as your own. Call Rainbow Realty and come check this one out today! Our Homes on Payments Fix-Up Home Program offers home purchasing opportunities for families, individuals and investors in the Central Indiana area. Get qualified for a Homes on Payments home in just 3 days with little or nothing down. Our Homes on Payments homes are easy to qualify and bad credit is OK. Why throw your money away renting when you can purchase your own Homes on Payments home. Offered By: Rainbow Realty Group, Inc. WINDSOR VILLAGE OFFICE (EAST) 6104 E 21st Street Indianapolis, Indiana The owners of Rainbow Realty Group, Inc. have been in the Real Estate Business since 1974. They have bought and sold over 1000 homes and have a reputation of being fair but firm. This Homes on Payments property has a sales price of $119,900 with $1500 down and $1049 monthly. Term is 30 years under a purchase contract at a fixed rate of interest (9.66%). There are. . . NO "pre-payment penalties". . . NO "balloon payments". . . NO "adjustable rates" or ANY "adverse conditions" to make you lose your property. Taxes ARE included in payment. The only way you will ever lose your home or property... is if YOU don't make your payments. All properties are offered in "AS-IS" condition to be used as investment income properties. Properties may not be rented, lived in or used as a dwelling until property is brought up to minimum habitability standards. Buyer agrees to pay the cost of all repairs and maintenance. STOP LOOKING ... Rainbow Realty Group is the perfect source of Homes on Payments Homes You Fix in Indianapolis and Central Indiana

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked: 10 hours ago

    Listing updated: March 16, 2026 at 12:13pm

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Appliances
    • Included: WD Hookup
    • Laundry: Hookups
    Features
    • WD Hookup
    Interior area
    • Total interior livable area: 2,162 sqft

    Property

    Parking
    • Details: Contact manager
    Details
    • Parcel number: 491115113004000101

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & neighborhood

    Location
    • Region: Indianapolis

    HOA & financial

    Other fees
    • Deposit fee: $1,500
    • Application fee: $25

    Other

    Other facts
    • Available date: 03/16/2026

    Price history

    DateEventPrice
    3/19/2026Listing removed$1,049
    Source: Zillow Rentals Report a problem
    3/16/2026Listed for rent$1,049
    Source: Zillow Rentals Report a problem
    6/12/2008Sold$13,900+66.5%$6/sqft
    Source: Public Record Report a problem
    5/9/2008Sold$8,350$4/sqft
    Source: MIBOR as distributed by MLS GRID #2773965 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$383 +10.3%$60,800 +3.6%
    2023$347 +6.2%$58,700 -2.8%
    2022$327 -64.4%$60,400 +39.8%
    2021$917 +18.1%$43,200 +9.1%
    2020$777 +2.8%$39,600 +20.4%
    2019$755 +33.2%$32,900 +3.8%
    2018$567 -3%$31,700 +25.8%
    2017$584 +6.6%$25,200
    2016$548 +1.5%$25,200 +0.8%
    2014$541 +125.3%$25,000 -5.3%
    2013$240 $26,400 -8%
    2012$240 $28,700 +8.3%
    2011-- $26,500 -38.5%
    2010$336 +3.9%$43,100 -6.7%
    2009$323 $46,200 -11.8%
    2007-- $52,400 -15.6%
    2006-- $62,100 +35%
    2005-- $46,000
    2004-- $46,000
    2003-- $46,000 +169%
    2002-- $17,100

    Find assessor info on the county website

    Neighborhood: West Indianapolis

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $118,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $118,200