151 Bakemeyer St Indianapolis, IN 46225
Garfield Park NeighborhoodEstimated payment $1,689/month
Highlights
- 0.24 Acre Lot
- Central Air
- Heating Available
- Shed
About This Home
Turnkey investment opportunity with immediate cash flow and additional upside flexibility. Investor-friendly setup with one unit already stabilized and the second ready for immediate income placement or the perfect opportunity to house hack. Conveniently located with easy access to downtown Indianapolis, major highways and local amenities. Whether you're a seasoned investor or looking to get started, this is a rare chance to secure a high-yield duplex with built-in upside.
Listing Agent
Indiana Ford Realty LLC Brokerage Email: Matthew@indianafordrealty.com License #RB22002002 Listed on: 04/02/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,102
Year Built
- Built in 1925 | Remodeled
Home Design
- Duplex
- Block Foundation
- Aluminum Siding
Bedrooms and Bathrooms
- 7 Bedrooms
- 2 Bathrooms
Outdoor Features
- Shed
- Storage Shed
Utilities
- Central Air
- Heating Available
Additional Features
- 2-Story Property
- 10,498 Sq Ft Lot
- Unfinished Basement
Listing and Financial Details
- Tax Lot 49-11-23-121-016.000-101
- Assessor Parcel Number 491123121016000101
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,102 | $101,600 | $11,800 | $89,800 |
| 2024 | $2,194 | $88,600 | $11,800 | $76,800 |
| 2023 | $2,194 | $88,000 | $11,800 | $76,200 |
| 2022 | $2,182 | $88,000 | $11,800 | $76,200 |
| 2021 | $1,979 | $81,400 | $11,800 | $69,600 |
| 2020 | $1,831 | $74,800 | $11,800 | $63,000 |
| 2019 | $1,846 | $74,100 | $5,700 | $68,400 |
| 2018 | $859 | $70,700 | $5,700 | $65,000 |
| 2017 | $766 | $69,500 | $5,700 | $63,800 |
| 2016 | $715 | $66,100 | $5,700 | $60,400 |
| 2014 | $606 | $62,300 | $5,700 | $56,600 |
| 2013 | $1,391 | $62,300 | $5,700 | $56,600 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 07/09/2026 07/09/26 | Price Changed | $274,900 | -3.5% | -- | |
| 06/24/2026 06/24/26 | Price Changed | $284,900 | -5.0% | -- | |
| 04/02/2026 04/02/26 | For Sale | $299,900 | +71.4% | -- | |
| 03/31/2025 03/31/25 | Sold | $175,000 | -16.7% | $112 / Sq Ft | View Prior Sale |
| 03/07/2025 03/07/25 | Pending | -- | -- | -- | |
| 02/20/2025 02/20/25 | Price Changed | $210,000 | -4.5% | $134 / Sq Ft | |
| 01/26/2025 01/26/25 | For Sale | $220,000 | +411.6% | $141 / Sq Ft | |
| 12/21/2018 12/21/18 | Sold | $43,000 | +7.5% | $27 / Sq Ft | View Prior Sale |
| 11/27/2018 11/27/18 | Pending | -- | -- | -- | |
| 11/26/2018 11/26/18 | For Sale | $40,000 | 0.0% | $26 / Sq Ft | |
| 10/30/2018 10/30/18 | Pending | -- | -- | -- | |
| 10/12/2018 10/12/18 | For Sale | $40,000 | -- | $26 / Sq Ft |
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 |
|---|---|---|---|
| Warranty Deed | -- | Fidelity National Title Compan | |
| Warranty Deed | -- | Fidelity National Title Compan | |
| Quit Claim Deed | $5,000 | -- | |
| Special Warranty Deed | $43,000 | None Available | |
| Deed In Lieu Of Foreclosure | $39,958 | Stewart Title Co | |
| Deed | $40,000 | -- |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $49,500 | Adjustable Rate Mortgage/ARM |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22093098
APN: 49-11-23-121-016.000-101
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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.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.