$120,000
PENDING

Estimated payment $856/month

Total Views 3,424
6 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Greetings from 1216 Newman ST, INDIANAPOLIS, IN! This duplex is waiting for you to come in and imagine the possibilities. With its prime location and unique character, this duplex is ready to become the backdrop for your next great adventure. Bring your imagination for this one is gutted down to the studs in an area of homes of high-end prices, fixed up and some like new construction. Once a double but prior owner had tax file altered to be two separate townhomes but never got the work off the ground aside from gutting it. But your luck that it can be made into what ever one would could dream up. Near Fletcher Park, Kankan theater, new restaurants, brew pubs and Bottleworks. What a great opportunity to invest into a great area. This property offers a generous 2527 square feet of living space, giving you plenty of room. *** Selling whole building not just one side. *** H&B due Sunday 8/24 6p.m

Listing Agent

Jackie Lovell

New Quantum Realty Group License #RB14026114 Listed on: 08/16/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,436

Year Built

  • Built in 1960

Lot Details

  • 5,000 Sq Ft Lot
  • Additional Parcels

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Fixer Upper
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Schools

  • Theodore Potter School 74 Elementary School
  • H L Harshman Middle School
  • Arsenal Technical High School

Additional Features

  • 2-Story Property
  • City Lot
  • Unfinished Basement

Community Details

  • Kisners Brookside Subdivision

Listing and Financial Details

  • Tax Lot 49-07-31-200-021.000-101
  • Assessor Parcel Number 490731200021000001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,436

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1960
  • Lot Size Acres: 0.11
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: Kisners Brookside
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Website: www.newquantumrealtygroup.com
  • Conversion: Yes
  • Price Unit: 60000
  • Multi Rooms: 14
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Levels: Two
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Owner Pays: Not Applic
  • Possible Use: Residential
  • Gross Area Sq Ft: 2527

Exterior Features

  • Roof: Asphalt
  • Construction Materials: Vinyl Siding
  • Disclosures: BankOwned
  • Exterior Features: Not Applicable
  • Foundation Details: Brick/Mortar
  • List Price: 120000
  • Property Condition: Fixer
  • View Y N: No
  • Waterfront: No
  • Road Access: Frontage Road

Garage/Parking

  • Garage Spaces: 1

Utilities

  • Cooling: None
  • Heating: None
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Schools

  • Middle Or Junior School: H L Harshman Middle School

Lot Info

  • Lot Features: City Lot
  • Property Attached Yn: No
  • Additional Parcels Description: 49-07-31-200-021.001-101
  • Additional Parcels: Yes
  • Current Use: Residential
  • Lot Size Sq Ft: 5000
  • Parcel Number: 490731200021000001
  • Acres: <1/4 Acre
  • Price Acre: 1090909

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2436
  • Tax Lot: 49-07-31-200-021.000-101
  • Semi Annual Property Tax Amt: 1218
  • Tax Exemption: None

MLS Schools

  • Elementary School: Theodore Potter School 74
  • High School: Arsenal Technical High School

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,338 $99,700 $11,900 $87,800
2023 $2,338 $89,700 $11,600 $78,100
2022 -- $21,500 $21,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 Pending -- -- --
08/16/2025 08/16/25 For Sale $120,000 -- --
Source: MIBOR Broker Listing Cooperative®

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,365,000 Construction
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22057136

MIBOR Broker Listing Cooperative®

APN: 49-07-31-200-021.001-101