1206 N Gladstone Ave Indianapolis, IN 46201
Near Eastside Neighborhood
2
Beds
2
Baths
798
Sq Ft
5,619
Sq Ft Lot
About This Home
As of August 2025The duplex of dreams! This duplex offers two units, each of which offers 1 bedroom and 1 bathroom per side. With plenty of updates to both the interior and exterior, you can add this property to your portfolio right away and get the cash flowing. The 1206 unit is currently vacant, updated, and ready for someone to move right in. Whether you are looking to rent out both units or move into one, this is a plug and play property from the start. The 1208 unit is occupied by a long-term tenant with below market rent, which provides a great value-add opportunity. Don't miss the opportunity on this Little Flower duplex!
Last Agent to Sell the Property
Wilmoth Group License #RB15000880 Listed on: 06/25/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,248
Year Built
- Built in 1924
Home Design
- Duplex
- Ranch Style House
- Brick Exterior Construction
- Block Foundation
- Vinyl Construction Material
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Additional Features
- Washer and Dryer Hookup
- 5,619 Sq Ft Lot
- Separate Meters
- Basement
Community Details
- Johnsons East 10Th St Subdivision
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, all utilities
- The owner pays for insurance, taxes
- Tax Lot 62
- Assessor Parcel Number 490733178187000101
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 16, 2020
Closed on
Jun 9, 2020
Sold by
Longhorn 1993 Llc
Bought by
Koldyke Chris M
Seller's Agent
Maxwell Richter
Wilmoth Group
Buyer's Agent
Colton Cassel
Trueblood Real Estate
List Price
$79,900
Sold Price
$77,900
Premium/Discount to List
-$2,000
-2.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.89%
Original Mortgage
$58,425
Outstanding Balance
$52,018
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$80,522
Purchase Details
Listed on
Jun 5, 2017
Closed on
Aug 28, 2017
Sold by
Walsh Phillip
Bought by
Longhorn 1993 Llc
Seller's Agent
Jill Dixon
Keller Williams Realty
Buyer's Agent
Jennifer Wilmoth
Wilmoth Group
List Price
$59,900
Sold Price
$45,000
Premium/Discount to List
-$14,900
-24.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.32%
Purchase Details
Closed on
Nov 23, 2011
Sold by
Duckwall Thomas E
Bought by
Walsh Phillip
Purchase Details
Closed on
Apr 26, 2010
Sold by
Wells Fargo Bank N A
Bought by
Duckwall Thomas E
Purchase Details
Closed on
Mar 1, 2010
Sold by
See Scott A
Bought by
Wells Fargo Bank N A
Purchase Details
Closed on
Mar 17, 2006
Sold by
Pelton Timothy R
Bought by
See Scott A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,920
Interest Rate
2.77%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jan 17, 2006
Sold by
Steer James W
Bought by
Pelton Timothy R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,920
Interest Rate
2.77%
Mortgage Type
Adjustable Rate Mortgage/ARM
Similar Homes in Indianapolis, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Deed | $45,000 | -- | |
| Warranty Deed | $45,000 | Ata National Title Group Of In | |
| Warranty Deed | -- | None Available | |
| Limited Warranty Deed | -- | None Available | |
| Sheriffs Deed | $24,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $58,425 | New Conventional | |
| Previous Owner | $55,920 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $37,035 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | Sold | $125,000 | -10.7% | $157 / Sq Ft |
| 08/18/2025 08/18/25 | Pending | -- | -- | -- |
| 07/29/2025 07/29/25 | Price Changed | $140,000 | -3.4% | $175 / Sq Ft |
| 06/25/2025 06/25/25 | For Sale | $145,000 | 0.0% | $182 / Sq Ft |
| 08/09/2024 08/09/24 | Rented | $725 | 0.0% | -- |
| 07/30/2024 07/30/24 | Under Contract | -- | -- | -- |
| 07/08/2024 07/08/24 | For Rent | $725 | +11.5% | -- |
| 06/16/2022 06/16/22 | Rented | $650 | 0.0% | -- |
| 06/14/2022 06/14/22 | Under Contract | -- | -- | -- |
| 05/20/2022 05/20/22 | For Rent | $650 | +19.3% | -- |
| 10/31/2020 10/31/20 | Rented | $545 | 0.0% | -- |
| 10/21/2020 10/21/20 | Under Contract | -- | -- | -- |
| 10/06/2020 10/06/20 | Price Changed | $545 | -8.4% | $1 / Sq Ft |
| 09/10/2020 09/10/20 | For Rent | $595 | 0.0% | -- |
| 07/09/2020 07/09/20 | Sold | $77,900 | -2.5% | $98 / Sq Ft |
| 05/27/2020 05/27/20 | Pending | -- | -- | -- |
| 05/20/2020 05/20/20 | For Sale | $79,900 | 0.0% | $100 / Sq Ft |
| 04/26/2020 04/26/20 | Pending | -- | -- | -- |
| 04/24/2020 04/24/20 | Price Changed | $79,900 | -90.6% | $100 / Sq Ft |
| 01/16/2020 01/16/20 | For Sale | $850,000 | 0.0% | $1,065 / Sq Ft |
| 08/10/2018 08/10/18 | Under Contract | -- | -- | -- |
| 08/03/2018 08/03/18 | Rented | $550 | 0.0% | -- |
| 07/12/2018 07/12/18 | For Rent | $550 | 0.0% | -- |
| 09/08/2017 09/08/17 | Sold | $45,000 | -18.2% | $56 / Sq Ft |
| 06/26/2017 06/26/17 | Price Changed | $55,000 | -8.2% | $69 / Sq Ft |
| 06/05/2017 06/05/17 | For Sale | $59,900 | -- | $75 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $2,459 | $111,800 | $13,400 | $98,400 |
| 2023 | $2,459 | $98,600 | $13,400 | $85,200 |
| 2022 | $2,366 | $95,200 | $13,400 | $81,800 |
| 2021 | $2,280 | $93,800 | $13,400 | $80,400 |
| 2020 | $2,060 | $84,000 | $5,200 | $78,800 |
| 2019 | $1,912 | $76,200 | $5,200 | $71,000 |
| 2018 | $1,659 | $65,000 | $5,200 | $59,800 |
| 2017 | $1,323 | $57,200 | $5,200 | $52,000 |
| 2016 | $1,246 | $54,800 | $5,200 | $49,600 |
| 2014 | $1,202 | $55,600 | $5,200 | $50,400 |
| 2013 | $1,187 | $57,100 | $5,200 | $51,900 |
Source: Public Records
Agents Affiliated with this Home
-
Maxwell Richter
Seller's Agent in 2025
Maxwell Richter
Wilmoth Group
(317) 842-3400
46 in this area
259 Total Sales
-
C
Buyer's Agent in 2020
Colton Cassel
Trueblood Real Estate
-
Joel Wilmoth
J
Seller's Agent in 2018
Joel Wilmoth
Wilmoth Group
(317) 622-5023
4 Total Sales
-
Jill Dixon
Seller's Agent in 2017
Jill Dixon
Keller Williams Realty
(317) 586-0121
102 Total Sales
-
J
Buyer's Agent in 2017
Jennifer Wilmoth
Wilmoth Group
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22047055
APN: 49-07-33-178-187.000-101
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.
Nearby Homes
- 1214 N Gladstone Ave
- 1168 N Gladstone Ave
- 4102 E 11th St
- 1125 N Colorado Ave
- 1408 N Gladstone Ave
- 1409 N Grant Ave
- 1411 N Grant Ave
- 4214 E 10th St
- 1425 N Grant Ave
- 1328 N Chester Ave
- 1311 N Denny St
- 4014 E 10th St
- 3916 E 10th St
- 1433 N Colorado Ave
- 4412 E 10th St
- 1335 N Linwood Ave
- 3823 E 10th St
- 1411 N Linwood Ave
- 1517 N Gladstone Ave
- 1521 N Gladstone Ave