1305 Ringgold Ave Indianapolis, IN 46203
Fountain Square NeighborhoodEstimated payment $5,243/month
About This Home
Welcome to a rare investment and lifestyle opportunity to own a beautifully renovated duplex in the heart of the desirable Fountain Square neighborhood. Perfectly positioned on a quiet and residential street just two blocks from Fountain Square's vibrant center and iconic fountain, you'll enjoy easy access to popular restaurants, cafes, and local shopping. Completely transformed through an extensive gut renovation, this property was rebuilt with quality, comfort, and modern living in mind. Each side of the duplex is a 2-story townhouse with 3 bedrooms and 3.5 bathrooms and provides ideal separation between living and sleeping areas as well as an abundance of bathrooms for convenience for residents and guests alike. Additional highlights include 4 dedicated parking spaces created at the rear of the property. Currently operating as high-performing mid-term furnished rentals and corporate housing (1 to 6 month stays) with exceptional revenue, this property presents a turnkey investment opportunity with strong income potential. Higher income potential if operated as short-term rentals. Preference is to sell this duplex as a package with other properties also operating as mid-term furnished rentals (15 units in total) with the others being: 5724 Julian Ave (six 1br/1ba units), 717 S Randolph (duplex with 2br/2ba townhouses), 1525 Kennington (duplex with 3br/2ba townhouses) and 1529 Kennington (2br/1ba SFH) - a total of 15 units producing high revenues.
Listing Agent
Compass Indiana, LLC Brokerage Email: lisa.phillips@compass.com License #RB14038063 Listed on: 02/27/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,784
Year Built
- Built in 1920
Home Design
- Duplex
Additional Features
- 6 Bedrooms
- 4,443 Sq Ft Lot
Community Details
- Fountain Square Subdivision
Listing and Financial Details
- Tax Lot 9
- Assessor Parcel Number 491113163046000101
Map
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 |
|---|---|---|---|---|
| 2025 | $8,661 | $384,400 | $49,400 | $335,000 |
| 2024 | $8,854 | $365,000 | $49,400 | $315,600 |
| 2023 | $8,854 | $368,200 | $49,400 | $318,800 |
| 2022 | $5,685 | $233,800 | $49,400 | $184,400 |
| 2021 | $4,000 | $150,600 | $49,400 | $101,200 |
| 2020 | $1,364 | $105,000 | $49,400 | $55,600 |
| 2019 | $1,135 | $71,200 | $11,400 | $59,800 |
| 2018 | $1,009 | $62,400 | $11,400 | $51,000 |
| 2017 | $821 | $56,400 | $11,400 | $45,000 |
| 2016 | $709 | $50,000 | $11,400 | $38,600 |
| 2014 | $956 | $44,200 | $11,400 | $32,800 |
| 2013 | -- | $70,400 | $11,400 | $59,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/07/2026 03/07/26 | For Sale | $850,000 | 0.0% | -- | |
| 02/28/2026 02/28/26 | Off Market | $850,000 | -- | -- | |
| 02/27/2026 02/27/26 | For Sale | $850,000 | +390.7% | -- | |
| 08/21/2020 08/21/20 | Sold | $173,230 | -8.3% | $133 / Sq Ft | View Prior Sale |
| 08/06/2020 08/06/20 | Pending | -- | -- | -- | |
| 08/05/2020 08/05/20 | For Sale | $189,000 | 0.0% | $145 / Sq Ft | |
| 08/04/2020 08/04/20 | Pending | -- | -- | -- | |
| 08/03/2020 08/03/20 | For Sale | $189,000 | -- | $145 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $173,230 | Ata National Title | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | -- | |
| Deed | $24,700 | -- |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22077875
APN: 49-11-13-163-046.000-101
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.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID
- 1245 Ringgold Ave
- 1244 Ringgold Ave
- 1247 Hartford St
- 1202 Hartford St
- 934 E Morris St
- 910 E Morris St
- 1409 Barth Ave
- 1138 Olive St
- 835 Parkway Ave
- 818 Parkway Ave
- 1414 Leonard St
- 1418 Olive St
- 840 Cottage Ave
- 828 Cottage Ave
- 1417 Olive St
- 1427 Olive St
- 741 Parkway Ave
- 729 E Morris St
- 1012 E Palmer St
- 744 Terrace Ave
- 1301 Ringgold Ave Unit SI ID1303750P
- 929 Sanders St
- 1140 Shelby St
- 1233 Shelby St
- 1514 Ringgold Ave
- 1123 Olive St Unit SI ID1303765P
- 1205 Cottage Ave Unit SI FL2-ID1372938P
- 734 Parkway Ave
- 1409 Linden St Unit SI ID1028898P
- 717 Parkway Ave
- 1224 Prospect St
- 1063 Hosbrook St Unit B
- 623 Orange St
- 1026 Laurel St
- 1121 Laurel St
- 823 Iowa St
- 518 Prospect St Unit SI ID1353834P
- 518 Prospect St Unit SI ID1357365P
- 1529 S East St
- 1523 S East St Unit SI ID1338299P
Ask me questions while you tour the home.