NOT LISTED FOR SALE

1402 N High School Rd Indianapolis, IN 46224

Garden City Neighborhood

Estimated Value: $189,907 - $211,000

4 Beds
2 Baths
784 Sq Ft
$260/Sq Ft Est. Value

Last Sold February 07, 2025

Last sale price $209,000 $267 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,344/month

35 Days on Market

Highlights

  • 1-Story Property
  • Ben Davis University High School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of February 2025

Located just minutes from the iconic Indianapolis Motor Speedway, this well-maintained duplex offers great potential for both investors and house hackers. Each unit features 2 bedrooms and 1 bathroom, with the left side tenant-occupied and generating steady rental income, while the right side has been recently updated with fresh interior paint and is vacant, ready for new tenants or an owner-occupant. The property provides the perfect opportunity to live in one unit and rent out the other to offset your mortgage or increase cash flow with minimal effort. Situated in an area with easy access to Speedway, shopping, dining, and major highways, this duplex is ideal for anyone looking to expand their rental portfolio or invest in a property that offers multiple income streams. Book a showing today!

Last Agent to Sell the Property

Tyler Lingle

@properties Brokerage Email: tyler@tylerlingle.com License #RB21001983 Listed on: 12/05/2024

@properties

Co-Listed By

Kyle Hoffman

@properties Brokerage Email: tyler@tylerlingle.com License #RB23001739

Last Buyer's Agent

Tyler Lingle

@properties Brokerage Email: tyler@tylerlingle.com License #RB21001983 Listed on: 12/05/2024

@properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,140

Year Built

  • Built in 1966

Lot Details

  • 0.31

Home Design

  • Duplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • 1-Story Property
  • 0.31 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • Anchorage Subdivision

Listing and Financial Details

  • Tax Lot 490536124004000982
  • Assessor Parcel Number 490536124004000982
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,140

Year Built

Built in 1966

Lot Details

0.31 Acres

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1966
  • Co List Office Phone: 317-489-3441
  • Lot Size Acres: 0.31
  • On Market Date: 2024-12-05
  • Structure Type: Duplex
  • Subdivision Name: Anchorage
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: tyler@tylerlingle.com
  • Attribution Contact: tyler@tylerlingle.com
  • Special Features: None

Interior Features

  • Levels: One
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Brick
  • Fencing: Partial
  • Road Access: Not Applic

Garage/Parking

  • Unit Parking: 2 Car Space

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air
  • Laundry Features: Other
  • Solid Waste: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 13460
  • Parcel Number: 490536124004000982
  • Acres: 1/4-1/2 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3140
  • Tax Lot: 490536124004000982
  • Semi Annual Property Tax Amt: 1570

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2024
Closed on
Feb 7, 2025
Sold by
Spohn Jack
Bought by
Johnson Hsu and Johnson Taneshia Ngo
Seller's Agent
Tyler Lingle
@properties
Buyer's Agent
Tyler Lingle
@properties
List Price
$225,000
Sold Price
$209,000
Premium/Discount to List
-$16,000
-7.11%
Views
68
Current Estimated Value
$203,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,031
Avg. Annual Appreciation
-2.17%
Original Mortgage
$156,750
Outstanding Balance
$154,990
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$48,979

Purchase Details

Closed on
May 31, 2022
Sold by
Heather Roush
Bought by
Spohn Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,250
Interest Rate
5.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Johnson Hsu $209,000 Foundation Title
Spohn Jack -- Hall Render Killian Heath & Ly
Roush Heather -- Hall Render Killian Heath & Ly
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Hsu $156,750
Previous Owner Roush Heather $119,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2025 02/07/25 Sold $209,000 -2.8% $267 / Sq Ft
01/09/2025 01/09/25 Pending -- -- --
01/02/2025 01/02/25 Price Changed $215,000 -4.4% $274 / Sq Ft
12/05/2024 12/05/24 For Sale $225,000 -- $287 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $3,398 $147,200 $6,300 $140,900
2024 $3,316 $144,600 $6,300 $138,300
2023 $3,316 $133,600 $6,300 $127,300
2022 $3,247 $133,600 $6,300 $127,300
2021 $2,632 $91,100 $6,300 $84,800
2020 $2,283 $78,300 $6,300 $72,000
2019 $2,182 $74,700 $6,300 $68,400
2018 $1,674 $64,400 $6,300 $58,100
2017 $1,694 $65,400 $6,300 $59,100
2016 $1,629 $62,800 $6,300 $56,500
2014 $1,135 $56,600 $6,300 $50,300
2013 $1,185 $58,400 $6,300 $52,100
Source: Public Records

Agents Affiliated with this Home

  • Tyler Lingle

    Seller's Agent in 2025

    Tyler Lingle

    @properties

    (317) 443-5258

    3 in this area

    180 Total Sales

    Tyler Lingle
    Section Image

  • K

    Seller Co-Listing Agent in 2025

    Kyle Hoffman

    @properties

    (317) 506-9002

    1 in this area

    86 Total Sales

    Kyle Hoffman
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22013905

MIBOR Broker Listing Cooperative®

APN: 49-05-36-124-004.000-982

Indiana Marion County Indianapolis 46224 Garden City

1402 N High School Rd, Indianapolis, IN

Not Listed for Sale

MultiFamily

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.

MIBOR Broker Listing Cooperative® 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.
Based on information submitted to the MLS GRID

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