$188,000
SOLD SEP 5, 2025

10208 E 46th St Indianapolis, IN 46235

2 Beds
1 Bath
-- Sq Ft
0.5 Acres

Recently Sold

2% Above List Price

38 Days on Market

Highlights

  • 0.5 Acre Lot
  • Ranch Style House
  • Forced Air Heating and Cooling System

About This Home

As of September 2025

Back on market! Buyer flaked last minute!! Welcome to 10208 E 46th St, a beautifully updated side-by-side duplex located in the desirable Lawrence Township school district. This full brick ranch-style property sits on a generous, flat 1/2-acre lot with no HOA, offering low-maintenance living and a fantastic investment opportunity for both owner-occupants and investors alike. Each unit is a mirror image of the other, featuring 2 bedrooms, 1.5 bathrooms, and an attached 1-car garage. With 948 sq ft per unit, the layout includes spacious eat-in kitchens, dedicated utility rooms with washer/dryer hookups, and central heat and air for year-round comfort. Both units have been recently renovated and are move-in or rent-ready with fresh paint, updated flooring, and modern finishes-making this a true turnkey investment. Whether you're an investor looking for a cash-flowing asset or a savvy buyer seeking to live in one unit while renting out the other to offset your mortgage, this duplex checks all the boxes. Opportunities like this in a strong rental market and a well-rated school district don't come around often. Don't miss your chance-schedule your showing today and make 10208 E 46th St your next investment success!

Last Agent to Sell the Property

Peter Stewart

Keller Williams Indpls Metro N License #RB15000083 Listed on: 07/28/2025

Keller Williams Indpls Metro N

Last Buyer's Agent

Sandra Moreno Corona

F.C. Tucker Company License #RB21001199

F.C. Tucker Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,792

Year Built

  • Built in 1956 | Remodeled

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • Washer and Dryer Hookup
  • 0.5 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 490809107012000407
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,792

Year Built

Built in 1956 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1956
  • Lot Size Acres: 0.5
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 94000
  • Multi Rooms: 10
  • Special Features: VirtualTour

Interior Features

  • Levels: One
  • Total Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Construction Materials: Brick
  • List Price: 185000
  • Property Condition: Updated/Remodeled
  • View Y N: No
  • Waterfront: No
  • Road Access: Frontage Road

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Gravel
  • Unit Parking: 1 Car Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Connections All
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Access, Not In Subdivision
  • Additional Parcels: No
  • Lot Size Sq Ft: 21780
  • Parcel Number: 490809107012000407
  • Acres: 1/2-1 Acre
  • Price Acre: 376000

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2792
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 1396
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2019
Sold by
Martinez Richard and Martinez Susan
Bought by
Merton Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,250
Outstanding Balance
$84,576
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$128,502

Purchase Details

Closed on
Dec 12, 2008
Sold by
Mar Investments Llc
Bought by
Martinez Richard and Martinez Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
5.96%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $127,000 Eagle Land Title Llc
Warranty Deed -- First Title Of Indiana Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $95,250 New Conventional
Previous Owner $67,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 Sold $188,000 +1.6% --
09/04/2025 09/04/25 Pending -- -- --
09/04/2025 09/04/25 For Sale $185,000 0.0% --
07/31/2025 07/31/25 Pending -- -- --
07/28/2025 07/28/25 For Sale $185,000 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

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
2024 $2,899 $128,200 $15,500 $112,700
2023 $2,899 $128,200 $15,500 $112,700
2022 $2,693 $117,800 $15,500 $102,300
2021 $2,541 $109,600 $15,500 $94,100
2020 $2,562 $109,600 $15,500 $94,100
2019 $2,289 $109,600 $15,500 $94,100
2018 $2,930 $141,800 $53,700 $88,100
2017 $2,286 $109,800 $15,500 $94,300
2016 $2,206 $106,000 $15,500 $90,500
2014 $2,052 $102,600 $15,500 $87,100
2013 $1,780 $91,400 $15,500 $75,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22052067

MIBOR Broker Listing Cooperative®

APN: 49-08-09-107-012.000-407