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    10231 Penrith Dr Indianapolis, IN 46229

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    For Sale
    $75,000

    Two-bedroom condo with updates and community pool.

    Property Features for 10231 Penrith Dr

    General Information

    Exterior features
    exterior_features, : ["Patio", "Porch", "Municipal Sewer Connected", "Cable Connected"]
    Interior features
    Interior Feature 1, : "Cable Ready", "Interior Feature 2": "Electric", "Interior Feature 3": "Forced Air", "Interior Feature 4": "Central Air", "Interior Feature 5": "Dishwasher", "Interior Feature 6": "Electric Water Heater", "Interior Feature 7": "Disposal", "Interior Feature 8": "Electric Oven", "Interior Feature 9": "Refrigerator"

    Building Details

    Year built
    1973

    Source: Highgarden Real Estate Agent Highgarden Real Estate

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Private Condo in Huntington Heights

    This end-unit condo, built in 1973, is located in the Huntington Heights community. The property offers 1,012 square feet of space, including two bedrooms and 1.5 bathrooms. New kitchen appliances were installed in 2024. Mechanical upgrades include a new furnace and AC installed in 2024 with a smart thermostat, and a new water heater planned for installation in 2025. The property includes an attached one-car garage with direct entry, as well as additional rear parking. The Huntington Heights community provides a neighborhood pool. The Home Owners Association (HOA) covers trash, lawn care, exterior maintenance, snow removal, and insurance. The property is located near Washington Square Mall, I-465, shopping, schools, and downtown.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Dental Office Nail Salon Clothing Store Building Supply Auto Repair Shop Pharmacy Accounting Firm Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -85.9867695
    Latitude
    39.8059121

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    FAQs

    What type of property is this?
    Apartment building - Two-bedroom condo with updates and community pool.
    Where is this apartment building located?
    The property is located at 10231 Penrith Dr Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: - Maintenance-free living: HOA covers trash, lawn care, exterior maintenance, snow removal, and insurance.; - New furnace and AC (2024) with smart thermostat, and new water heater (2025).; - Attached one-car garage with direct entry and additional rear parking.
    Request Owner's contact information
    10231 Penrith Dr Indianapolis, IN 46229
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    Indianapolis, IN 46229
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10231 Penrith Dr Indianapolis, IN 46229
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