102 S Elder Ave Indianapolis, IN 46222
West Indianapolis NeighborhoodEstimated payment $1,819/month
About This Home
Updated duplex investment opportunity at 102 to 104 S Elder Avenue in Indianapolis. Each unit features 2 bedrooms and 1 full bathroom with functional layouts and modern updates throughout. Both sides are currently occupied by Section 8 tenants, generating strong and reliable income of $1,619 and $1,374 per month. Convenient west side location with easy access to downtown, shopping, and major roadways. Ideal turnkey property for investors seeking steady cash flow and long term potential.
Listing Agent
Trueblood Real Estate Brokerage Email: cody@truebloodre.com License #RB21000315 Listed on: 02/17/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,802
Year Built
- Built in 1920
Parking
- Alley Access
Home Design
- Duplex
- Traditional Architecture
- Block Foundation
- Aluminum Siding
Interior Spaces
- 2-Story Property
- Fire and Smoke Detector
- Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Additional Features
- 5,576 Sq Ft Lot
- Separate Meters
Community Details
- Connatys Subdivision
- No Laundry Facilities
Listing and Financial Details
- Tax Lot 39
- Assessor Parcel Number 491110103015000101
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,802 | $173,200 | $2,800 | $170,400 |
| 2024 | $3,350 | $160,200 | $2,800 | $157,400 |
| 2023 | $3,350 | $136,200 | $2,800 | $133,400 |
| 2022 | $3,428 | $140,200 | $2,800 | $137,400 |
| 2021 | $2,350 | $99,600 | $2,800 | $96,800 |
| 2020 | $912 | $37,200 | $2,800 | $34,400 |
| 2019 | $889 | $35,600 | $2,800 | $32,800 |
| 2018 | $866 | $34,400 | $2,800 | $31,600 |
| 2017 | $584 | $25,400 | $2,800 | $22,600 |
| 2016 | $550 | $24,400 | $2,800 | $21,600 |
| 2014 | $502 | $23,200 | $2,800 | $20,400 |
| 2013 | $590 | $28,400 | $2,800 | $25,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/31/2026 03/31/26 | Price Changed | $278,900 | -2.1% | -- | |
| 02/17/2026 02/17/26 | Price Changed | $284,900 | +3.6% | -- | |
| 02/17/2026 02/17/26 | For Sale | $274,900 | +189.4% | -- | |
| 12/28/2020 12/28/20 | Sold | $95,000 | 0.0% | $90 / Sq Ft | View Prior Sale |
| 11/27/2020 11/27/20 | Pending | -- | -- | -- | |
| 11/24/2020 11/24/20 | For Sale | $95,000 | +102.1% | $90 / Sq Ft | |
| 01/27/2017 01/27/17 | Sold | $47,000 | -5.8% | $44 / Sq Ft | View Prior Sale |
| 01/02/2017 01/02/17 | Pending | -- | -- | -- | |
| 12/07/2016 12/07/16 | For Sale | $49,900 | -- | $47 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $160,000 | Title One | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $62,000 | Monument Title | |
| Deed | $47,000 | -- | |
| Deed | $47,000 | First American Title | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $125,300 | New Conventional | |
| Closed | $125,300 | Construction | |
| Previous Owner | $3,000,000 | New Conventional | |
| Previous Owner | $71,250 | New Conventional |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22083029
APN: 49-11-10-103-015.000-101
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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Ask me questions while you tour the home.