1125 Trowbridge St Indianapolis, IN 46203
Fountain Square NeighborhoodEstimated payment $2,323/month
Total Views
575
3
Beds
2
Baths
--
Sq Ft
--
Price per Sq Ft
About This Home
INVESTOR ALERT!! Presenting New Construction Multi-Family located in one of Indianapolis' rapidly appreciating neighborhoods - FOUNTAIN SQUARE! This vertical duplex or 'Multi-Unit Home' is ideal for both seasoned and first-time investors seeking strong rental income and long-term equity growth. This Professionally built property features two spacious and modern 3-Bedroom, 2-Bathroom units, each with open-concept floor plans, luxury vinyl plank flooring, stainless steel appliances, granite countertops, and energy-efficient HVAC systems. Designed for low maintenance and tenant appeal, each unit includes in-unit laundry, off-street parking, and private entrances for enhanced privacy and convenience. High-Demand Rental Market: Close to downtown, major employers, universities, and highway access. Strategically located within minutes of revitalized commercial corridors, transit lines, and ongoing city development projects, this turnkey asset offers favorable rents and long-term appreciation. Whether you're looking to house hack, add to your rental portfolio, or capitalize on Indy's affordable housing demand, these duplexes check every box for smart investing....Reach out today or schedule an appointment to tour our builds, review lot availability & building specs!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $148
Year Built
- Built in 2025
Home Design
- Duplex
- Block Foundation
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Additional Features
- Laundry Room
- 4,748 Sq Ft Lot
Community Details
- C M Coopers Trs Prospect St Add Subdivision
Listing and Financial Details
- Tax Lot 49-10-17-106-024.000-101
- Assessor Parcel Number 491017106024000101
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 | $147 | $5,300 | $5,300 | -- |
| 2023 | $147 | $5,300 | $5,300 | $0 |
| 2022 | $147 | $5,300 | $5,300 | $0 |
| 2021 | $157 | $5,300 | $5,300 | $0 |
| 2020 | $157 | $5,300 | $5,300 | $0 |
| 2019 | $80 | $3,400 | $3,400 | $0 |
| 2018 | $81 | $3,400 | $3,400 | $0 |
| 2017 | $102 | $3,400 | $3,400 | $0 |
| 2016 | $1,047 | $3,400 | $3,400 | $0 |
| 2014 | $301 | $41,200 | $3,400 | $37,800 |
| 2013 | $815 | $39,200 | $3,400 | $35,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | For Sale | $425,000 | +1207.7% | -- |
| 08/27/2025 08/27/25 | Sold | $32,500 | -18.8% | $34 / Sq Ft |
| 08/11/2025 08/11/25 | Pending | -- | -- | -- |
| 07/17/2025 07/17/25 | Price Changed | $40,000 | -20.0% | $41 / Sq Ft |
| 06/20/2025 06/20/25 | For Sale | $50,000 | -- | $52 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | $1,900 | -- |
Source: Public Records
Similar Homes in Indianapolis, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22059717
APN: 49-10-17-106-024.000-101
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