$459,900

Estimated payment $2,953/month

Total Views 953
3 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 2 Car Attached Garage
  • North Central High School Rated A-
  • 1-Story Property

About This Home

Located at 126 E 86th ST, Indianapolis, IN, this attractive duplex presents an outstanding opportunity. Wonderful options for any buyer with this property: 1) Rent out both sides for long term monthly cash flow, 2) Occupy one unit with in-laws or family next to you in adjacent unit, or 3) Convert to single family use! The property is in great condition and was completely remodeled throughout 2021-2022. Unit B offers 3 bedrooms and 2 bathrooms. The living room offers an inviting atmosphere, enhanced by a vaulted ceiling that creates a sense of spaciousness. Imagine relaxing in this expansive area, perfect for both quiet evenings and social gatherings. The kitchen is truly a chef's dream, featuring a backsplash that adds a touch of elegance, a large kitchen island providing ample workspace, and a wall chimney range hood that combines style and functionality. Shaker cabinets offer plenty of storage, while the kitchen bar provides a casual dining option. Stone countertops complete the picture, offering a durable and beautiful surface for all your culinary creations. The bathroom provides a spa-like experience with a double vanity, offering plenty of space, and a walk-in shower. Unit A offers 2 bedrooms and 1 bathroom. Kitchen offer stainless steel appliances and neutral decor throughout that was also updated in 2021-2022. All appliances included in sale. All of this sits on huge lot at .64 acres! , this duplex offers the space and features to create the lifestyle you have always desired. Close to shops, dining, and all the amenities of NORA and 86th Street! Hurry, this will not last!

Last Listed By

Scott Armstrong

Armstrong Real Estate Brokerag Brokerage Email: armstrongrebrokerage@gmail.com License #RB14037443 Listed on: 05/28/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,138

Year Built

  • Built in 1953

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • 1-Story Property
  • 0.64 Acre Lot

Community Details

  • Pennwood Subdivision

Listing and Financial Details

  • Tax Lot 49-03-14-107-007
  • Assessor Parcel Number 490314107007000800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,138

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1953
  • Lot Size Acres: 0.64
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Pennwood
  • Transaction Type: Sale
  • Conversion: Yes
  • Price Unit: 229950
  • MBR_AttributionContact: armstrongrebrokerage@gmail.com
  • Attribution Contact: armstrongrebrokerage@gmail.com
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 459900
  • Waterfront: No
  • Road Access: Frontage Road

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Solid Waste: No

Fee Information

  • Expenses: 9738

Lot Info

  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 27878
  • Parcel Number: 490314107007000800
  • Acres: 1/2-1 Acre
  • Price Acre: 718594

Green Features

  • Green Certification Y N: No

Multi Family

  • Net Operating Income: 28662
  • Gross Income: 38400
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6138
  • Tax Lot: 49-03-14-107-007
  • Semi Annual Property Tax Amt: 3069
  • Tax Exemption: None

Map

Range of Values:

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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 $6,970 $304,900 $52,500 $252,400
2023 $6,970 $290,100 $52,500 $237,600
2022 $6,314 $214,000 $52,500 $161,500
2021 $5,056 $186,200 $29,300 $156,900
2020 $4,544 $176,200 $29,300 $146,900
2019 $4,028 $165,500 $29,300 $136,200
2018 $3,816 $160,200 $29,300 $130,900
2017 $3,620 $153,600 $29,300 $124,300
2016 $3,258 $147,400 $29,300 $118,100
2014 $3,003 $145,700 $29,300 $116,400
2013 $2,867 $137,800 $29,300 $108,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 For Sale $459,900 -- --
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $185,000 Pinnacle Land Title Compan
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22041555

MIBOR Broker Listing Cooperative®

APN: 49-03-14-107-007.000-800