$419,900

Estimated payment $2,643/month

Total Views 1,205
4 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 1-Story Property
  • University Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

Perfect investment opportunity includes both 122 and 124 N Clark Street, near the IU campus and all the east side amenities! This package includes two 768 square foot homes with two bedrooms and one bathroom in each home on one lot. These homes are located within minutes of the famous Mother Bears Pizza, the IU Auditorium, Memorial Stadium and Assembly Hall. This unique property offers an opportunity for a straight investment or to purchase for your student with the opportunity to rent the rest of the space to offset your expense. Current owner had central air installed in 2024. These investment homes have had 100% occupancy for the last 30 plus years!

Listing Agent

Mark Linder

CENTURY 21 Scheetz Brokerage Email: marklinderteam@c21scheetz.com License #RB14044403 Listed on: 08/14/2026

CENTURY 21 Scheetz

Co-Listing Agent

Craig Click

CENTURY 21 Scheetz Brokerage Email: marklinderteam@c21scheetz.com License #RB21001620

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,914

Year Built

  • Built in 1946

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

  • 1-Story Property
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • 5,271 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • The owner pays for ins hazard, lawncare, taxes
  • Legal Lot and Block 41-42 / Y
  • Assessor Parcel Number 530534414010000005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,914

Year Built

Built in 1946

Lot Details

5,271 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2025
  • Year Built: 1946
  • Co List Office Phone: 317-881-2100
  • Lot Size Acres: 0.12
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: No
  • Attribution Contact: marklinderteam@c21scheetz.com
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Owner Pays: Ins Hazard, Lawncare, Taxes

Exterior Features

  • Roof: Shingle
  • Construction Materials: Block
  • Exterior Features: Not Applicable
  • Foundation Details: Slab
  • Road Access: Access Rd

Garage/Parking

  • Parking Features: Concrete
  • Unit Parking: On Street

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Connections All
  • Solid Waste: No

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Current Use: Comm Mul Ten
  • Lot Size Sq Ft: 5271
  • Parcel Number: 530534414010000005
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: All Utilities, Insurance

Multi Family

  • Net Operating Income: 23900
  • Insurance Expense: 1800

Tax Info

  • Tax Annual Amount: 3914
  • Tax Block: Y
  • Tax Lot: 41-42
  • Semi Annual Property Tax Amt: 1957
  • Tax Exemption: None

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,914 $197,700 $73,100 $124,600
2024 $4,296 $209,400 $73,100 $136,300
2023 $2,124 $200,200 $70,300 $129,900
2022 $3,794 $187,000 $70,300 $116,700
2021 $3,748 $180,400 $55,400 $125,000
2020 $3,539 $171,500 $52,400 $119,100
2019 $3,076 $146,300 $38,900 $107,400
2018 $3,309 $157,000 $52,700 $104,300
2017 $3,143 $148,800 $48,600 $100,200
2016 $2,964 $142,600 $48,600 $94,000
2014 $2,845 $136,400 $48,600 $87,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/14/2026 08/14/26 For Sale $419,900 -- --
Source: MIBOR Broker Listing Cooperative®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $370,000 John Bethel Title Company
Deed $65,000 --
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22120105

MIBOR Broker Listing Cooperative®

APN: 53-05-34-414-010.000-005

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