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1937 N Colorado Avenue, Indianapolis, IN 46218

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For Sale
Sale Pending

$165,000

2 beds • 1 baths • 720 sqft

Estimated Payment

$ 857 /mo. †

6.76% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $229.17
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Welcome Home! Adorable bungalow with a charming covered front porch and fenced-in front yard that offers both privacy and a safe space for pets. Once inside you'll find a bright and airy living space with a gorgeous updated kitchen, complete with newer stainless steel appliances and a gas stove, ideal for cooking enthusiasts. LVP flooring throughout the kitchen and living room with newer carpeting in both bedrooms. The basement is a clean and versatile space perfect for extra storage or an additional living area. The laundry room is spacious and the washer and dryer do stay. Partially fenced in back yard. Detached garage offers additional storage or workspace, providing extra convenience and flexibility. Great location, close to many parks and neighboring communities.
MLS# 22017678

Courtesy Of Hoosier REALTORS LLC

(317) 862-5200

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dishwasher, Dryer, Oven - Gas, Refrigerator, Washer
  • Architecture Style
    Bungalow
  • Exterior Type
    Aluminum Siding, Vinyl Siding
  • Heating System
    Forced Air
  • Lot Size
    0.13 Acres
  • Rooms
    Basement, Kitchen, Living Room

Map and Directions

Directions to 1937 N Colorado Avenue, Indianapolis, IN 46218

Home seller CENTURY 21 Scheetz

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Scheetz

(317) 814-5500
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $857
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $857

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Center For Inquiry School 27

Grades PK-8 Public School

Indianapolis, IN 46202 2.8 miles
545 e 19th st

493 total students
13:1 Student teacher ratio

School Rating: D+

School Details

Rousseau Mcclellan Montessori School 91

Grades PK-8 Public School

Indianapolis, IN 46205 4 miles
5111 evanston ave

587 total students
14:1 Student teacher ratio

School Rating: C

School Details

Ips Butler University Laboratory School 55

Grades PK-8 Public School

Indianapolis, IN 46220 4.5 miles
1349 e 54th st

418 total students
12:1 Student teacher ratio

School Rating: D-

School Details

Brookside Elementary School 54

Grades KG-6 Public School

Indianapolis, IN 46201 1.2 miles
3150 e 10th st

388 total students
10:1 Student teacher ratio

School Rating: D+

School Details

Arlington Middle School

Grades 7-8 Public School

Indianapolis, IN 46204 3.9 miles
120 e walnut st

435 total students
8:1 Student teacher ratio

School Rating: C

School Details

Purdue Polytechnic High School

Grades 9-12 Public School

Indianapolis, IN 46225 4.1 miles
525 s meridian st ste lla

543 total students
22:1 Student teacher ratio

School Rating: D-

School Details

Arsenal Technical High School

Grades 9-12 Public School

Indianapolis, IN 46201 2.4 miles
1500 e michigan st

2103 total students
10:1 Student teacher ratio

School Rating: F

School Details

Crispus Attucks High School

Grades 9-12 Public School

Indianapolis, IN 46202 4 miles
1140 dr martin luther king jr st

1157 total students
10:1 Student teacher ratio

School Rating: F

School Details

George Washington High School

Grades 9-12 Public School

Indianapolis, IN 46222 5.9 miles
2215 w washington st

798 total students
9:1 Student teacher ratio

School Rating: F

School Details

Shortridge High School

Grades 9-12 Public School

Indianapolis, IN 46208 3.6 miles
3401 n meridian st

1077 total students
9:1 Student teacher ratio

School Rating: D

School Details
Other Nearby Schools Distance Type Grades School Rating
Little Flower Catholic School 0.6 miles Private PK-8
Scecina Memorial High School 0.7 miles Private 9-12
James Russell Lowell Elementary School 51 0.8 miles Public PK-6 D+
The Oaks Academy - Brookside 1 miles Private PK-5
Paramount Brookside 1 miles Public KG-8 A+
Him By Her Collegiate School For T 1.4 miles Public KG-2
Ralph W. Emerson Elementary School 58 1.4 miles Public PK-6 D+
Anna Brochhausen Elementary School 88 1.5 miles Public KG-6 D
Arlington Woods Elementary School 99 1.7 miles Public KG-6 D
Shepherd Community Academy 1.7 miles Private PK-5
Kipp Indy Legacy High School 1.9 miles Public 9-10
Thomas D. Gregg Elementary School 15 1.9 miles Public PK-6 C
Rooted School Indianapolis 1.9 miles Public 9
Paramount Englewood 2 miles Public 5-8 A
George W. Julian Elementary School 57 2 miles Public KG-6 C-
Theodore Potter Magnet Elementary School 74 2.1 miles Public KG-6 D+
H. L. Harshman Magnet Middle School 2.2 miles Public 7-8 D+
Kipp Indy Unite Elementary School 2.2 miles Public KG-5 D+
Kipp Indy College Preparatory Middle School 2.2 miles Public 6-8 F

Little Flower Catholic School

Distance: 0.6 miles

Type Private

Grades: PK-8

Scecina Memorial High School

Distance: 0.7 miles

Type Private

Grades: 9-12

James Russell Lowell Elementary School 51

Distance: 0.8 miles

Type Public

Grades: PK-6

D+

The Oaks Academy - Brookside

Distance: 1 miles

Type Private

Grades: PK-5

Paramount Brookside

Distance: 1 miles

Type Public

Grades: KG-8

A+

Him By Her Collegiate School For T

Distance: 1.4 miles

Type Public

Grades: KG-2

Ralph W. Emerson Elementary School 58

Distance: 1.4 miles

Type Public

Grades: PK-6

D+

Anna Brochhausen Elementary School 88

Distance: 1.5 miles

Type Public

Grades: KG-6

D

Arlington Woods Elementary School 99

Distance: 1.7 miles

Type Public

Grades: KG-6

D

Shepherd Community Academy

Distance: 1.7 miles

Type Private

Grades: PK-5

Kipp Indy Legacy High School

Distance: 1.9 miles

Type Public

Grades: 9-10

Thomas D. Gregg Elementary School 15

Distance: 1.9 miles

Type Public

Grades: PK-6

C

Rooted School Indianapolis

Distance: 1.9 miles

Type Public

Grades: 9

Paramount Englewood

Distance: 2 miles

Type Public

Grades: 5-8

A

George W. Julian Elementary School 57

Distance: 2 miles

Type Public

Grades: KG-6

C-

Theodore Potter Magnet Elementary School 74

Distance: 2.1 miles

Type Public

Grades: KG-6

D+

H. L. Harshman Magnet Middle School

Distance: 2.2 miles

Type Public

Grades: 7-8

D+

Kipp Indy Unite Elementary School

Distance: 2.2 miles

Type Public

Grades: KG-5

D+

Kipp Indy College Preparatory Middle School

Distance: 2.2 miles

Type Public

Grades: 6-8

F

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Indianapolis, IN 46218

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Indianapolis, IN 46218

This community’s employment is highest in the administrative support and construction industries. The area’s overall household expenses are below the national average.

86° July
Hottest Average Month
18° January
Coldest Average Month
12,316 Total Households in Area
0.6% Increase in population since the year 2010
26.2%
of households
have children
26 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Indianapolis, IN 46218

Indianapolis, IN 46218 has a population of 30,555 people in 12,316 households with a median age of 39.6 years old.

0.6%
Increase in population
since the year 2010
Population is Trending up
12,253
Total households as of 2010
3.2%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 39.6 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

Black 65%
White 17%
Hispanic 14%
Other 9%
Native American <1%
Asian <1%
The most prevalent ethnicity is Black at 65%, followed by White at 17%, Hispanic at 14%, and Other at 9%.

Economics
for Indianapolis, IN 46218

3,220 /sq mi
Population Density
$33,768 /yr
Median Household Income
$154,687
Median Sales Price
26 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Under $15k representing 23.34% of the households.

Transportation to Work

  • Drive 81%
  • Public Transit 9%
  • Work from Home 8%
  • Walk or Bike 2%

Occupancy by Type

Rented 6,697 46%
Owned 5,619 38%
Vacant 2,290 16%

White vs Blue Collar Jobs







White Collar 55%
Blue Collar 45%

Family & Education Facts
for Indianapolis, IN 46218

39.6 Median Age

Average Household Size

2.5
persons per
household

20%

Married Households

Community Population By Education

High School Graduate 40%
Some High School 22%
Some College 18%
Bachelors Degree 8%
Associates Degree 8%
Graduate Degree 3%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 40.18% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
26.1% of households have children

Weather
for Indianapolis, IN 46218

The weather for this area ranges from a high of 86° F in July to a low of 18° F in January

86° July
Hottest Average Month
18° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
18°
35°
Feb
21°
39°
Mar
30°
50°
Apr
40°
62°
May
51°
73°
Jun
60°
82°
Jul
64°
86°
Aug
62°
84°
Sep
54°
78°
Oct
42°
66°
Nov
33°
52°
Dec
23°
39°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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