1073 W 27th St Indianapolis, IN 46208
Near Northwest Riverside NeighborhoodEstimated payment $1,351/month
Highlights
- Very Popular Property
- Traditional Architecture
- Central Air
- Mature Trees
About This Home
Exceptional Duplex Investment - Rebuilt in 2019 Near IU Med & Downtown Indy! --- Originally built in the early 1900s and completely reconstructed down to the foundation in 2019, this modern duplex offers the charm of a historic neighborhood with the comfort of a nearly new home. Each side features 2 bedrooms, 1.5 baths, open-concept living, updated kitchens, and separate utilities including individual HVAC systems, electric/gas meters, and rear entries. The exterior showcases low-maintenance vinyl siding, covered front porch, and off-street parking. --- Located just 5 minutes from IU Health, Methodist, Eskenazi Hospital, and the VA Medical Center - and only 10 minutes to downtown Indianapolis - this property provides incredible convenience for professionals, students, and healthcare workers alike. Within 2 blocks you'll find the new Eskenazi Neighborhood Health Center and the new U.S. Post Office, plus easy access to major highways, parks, and public transit. --- Each unit is currently rented month-to-month for $1,000 per side, offering immediate income potential and flexibility for investors or owner-occupants. Situated just minutes from Butler University and the IUPUI campus, this duplex sits in a rapidly growing redevelopment and strong rental demand. Whether you're seeking a turnkey addition to your portfolio or a smart house hack opportunity, this rebuilt property delivers modern efficiency, a prime location, and steady cash flow.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,326
Year Built
- Built in 1900
Lot Details
- 3,790 Sq Ft Lot
- Mature Trees
Parking
- Alley Access
Home Design
- Duplex
- Traditional Architecture
- Block Foundation
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Fire and Smoke Detector
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Schools
- George Washington High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Community Details
- Braden Et Al North Indpls Add Subdivision
Listing and Financial Details
- The owner pays for insurance, taxes, sewer, water
- Legal Lot and Block 19 / B23
- Assessor Parcel Number 490627108122000101
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 |
|---|---|---|---|---|
| 2024 | $2,336 | $98,000 | $10,800 | $87,200 |
| 2023 | $2,336 | $79,200 | $10,800 | $68,400 |
| 2022 | $312 | $79,200 | $10,800 | $68,400 |
| 2021 | $2,299 | $9,300 | $2,700 | $6,600 |
| 2020 | $0 | $0 | $0 | $0 |
| 2019 | $0 | $0 | $0 | $0 |
| 2018 | $1,224 | $48,700 | $2,700 | $46,000 |
| 2017 | $3,306 | $50,500 | $2,700 | $47,800 |
| 2016 | $2,027 | $50,500 | $2,700 | $47,800 |
| 2014 | $1,023 | $47,300 | $2,700 | $44,600 |
| 2013 | $983 | $47,300 | $2,700 | $44,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/09/2025 12/09/25 | For Sale | $220,000 | +2344.4% | -- | |
| 10/28/2020 10/28/20 | Sold | $9,000 | 0.0% | $7 / Sq Ft | View Prior Sale |
| 07/23/2020 07/23/20 | Pending | -- | -- | -- | |
| 05/08/2020 05/08/20 | Price Changed | $9,000 | -10.0% | $7 / Sq Ft | |
| 11/12/2019 11/12/19 | For Sale | $10,000 | -- | $8 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $9,000 | First American Title Insurance | |
| Quit Claim Deed | $4,950 | City Of Indianapolis/Dmd | |
| Quit Claim Deed | $4,500 | None Available | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $3,081 | None Available |
About the Listing Agent
With over 15 years of success in real estate, Jeff Cloyd brings a unique blend of market insight, financial leadership, and corporate strategy to every client interaction. As a full-time Realtor with RE/MAX Advanced Realty and a life-long resident of the Indianapolis Metro Area, Jeff specializes in residential real estate throughout Hamilton County and surrounding communities. He has personally closed over $50 million in lifetime sales and has earned the trust and praise of his clients,
Jeff's Other Listings
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22076185
APN: 49-06-27-108-122.000-101
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