1049 S Tremont St Indianapolis, IN 46221
West Indianapolis NeighborhoodEstimated payment $1,818/month
Total Views
557
5
Beds
2
Baths
--
Sq Ft
--
Price per Sq Ft
About This Home
Turnkey duplex just five minutes from downtown Indianapolis, a perfect opportunity for investors or house hackers alike! This fully renovated property features two updated units: a 2-bedroom, 1-bath unit and a 3-bedroom, 1-bath unit, both with separate entrances, spacious layouts, and modern finishes. Each side is move-in ready and ideal for generating immediate rental income. Whether you choose to live in one unit and rent out the other or add this low-maintenance property to your portfolio, it offers both flexibility and strong financial upside. Located near major highways, restaurants, and downtown amenities, this duplex sits in a high-demand rental area with consistent tenant interest and long-term growth potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,418
Year Built
- Built in 1900
Parking
- 2 Car Detached Garage
Home Design
- Duplex
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Fire and Smoke Detector
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Additional Features
- 4,922 Sq Ft Lot
- Forced Air Heating and Cooling System
Community Details
- Jameson's Belmont Subdivision
Listing and Financial Details
- The owner pays for taxes, water
- Tax Lot 91
- Assessor Parcel Number 491109108049000901
Map
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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 |
|---|---|---|---|---|
| 2024 | $3,265 | $144,000 | $3,000 | $141,000 |
| 2023 | $3,265 | $132,600 | $3,000 | $129,600 |
| 2022 | $3,185 | $132,600 | $3,000 | $129,600 |
| 2021 | $2,153 | $88,300 | $3,000 | $85,300 |
| 2020 | $1,858 | $75,300 | $3,000 | $72,300 |
| 2019 | $1,805 | $71,700 | $3,000 | $68,700 |
| 2018 | $1,569 | $61,200 | $3,000 | $58,200 |
| 2017 | $1,442 | $62,800 | $3,000 | $59,800 |
| 2016 | $1,269 | $55,900 | $3,000 | $52,900 |
| 2014 | $1,081 | $50,000 | $3,000 | $47,000 |
| 2013 | $1,196 | $51,700 | $3,000 | $48,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/05/2025 08/05/25 | For Sale | $280,000 | +582.9% | -- |
| 04/16/2018 04/16/18 | Sold | $41,000 | -18.0% | $98 / Sq Ft |
| 03/07/2018 03/07/18 | Pending | -- | -- | -- |
| 01/05/2018 01/05/18 | For Sale | $50,000 | +22.0% | $119 / Sq Ft |
| 01/04/2018 01/04/18 | Off Market | $41,000 | -- | -- |
| 09/18/2017 09/18/17 | For Sale | $50,000 | 0.0% | $119 / Sq Ft |
| 08/28/2017 08/28/17 | Pending | -- | -- | -- |
| 11/22/2016 11/22/16 | Price Changed | $50,000 | -16.7% | $119 / Sq Ft |
| 01/08/2016 01/08/16 | For Sale | $60,000 | +46.3% | $143 / Sq Ft |
| 06/01/2011 06/01/11 | Off Market | $41,000 | -- | -- |
| 12/08/2010 12/08/10 | For Sale | $64,900 | -- | $155 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $90,000 | -- | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $41,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $30,750 | New Conventional |
Source: Public Records
Similar Homes in Indianapolis, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22054895
APN: 49-11-09-108-049.000-901
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