1552 Shelby St Indianapolis, IN 46203
Bates-Hendricks Neighborhood
3
Beds
2
Baths
1,120
Sq Ft
5,924
Sq Ft Lot
Highlights
- Traditional Architecture
- Forced Air Heating System
- 3-minute walk to Ringgold Park
About This Home
As of June 2025Investor Alert! Rare opportunity in Bates Hendricks, just a 5 minute walk to the heart of Fountain Square. This duplex comes with a third possible unit, small separate free standing house in rear, with it's own electric and gas metering. The rear structure needs a top to bottom full renovation, but has a separate address. Duplex units could do better with cosmetic updates, but are fully functional, units are boarded while vacant, all utilities are on and working in the duplex units. Duplex units have separate gas, water, and electrical meters per side, tenants pay all. Duplex units have updated furnaces and water heaters. This is a home run, great opportunity for multi-unit investment. Duplex units most recent rents were approx. $1,000 per side.
Last Agent to Sell the Property
Barron Property Services Brokerage Email: sam@barronprop.com License #RB14049720 Listed on: 05/22/2025
Co-Listed By
Barron Property Services Brokerage Email: sam@barronprop.com License #RB18001444
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,076
Year Built
- Built in 1912 | Remodeled
Parking
- Alley Access
Home Design
- Triplex
- Traditional Architecture
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Additional Features
- 1.5-Story Property
- 5,924 Sq Ft Lot
- Forced Air Heating System
- Unfinished Basement
Community Details
- Bates Subdivision
Listing and Financial Details
- Tax Lot 13
- Assessor Parcel Number 491113150014000101
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 22, 2025
Closed on
Jun 5, 2025
Sold by
Barron Properties Llc
Bought by
Woolen Enterprises Llc
Seller's Agent
Sam Barron
Barron Property Services
Buyer's Agent
Alexander Foley
Liz Foley Real Estate, Inc.
List Price
$168,000
Sold Price
$152,500
Premium/Discount to List
-$15,500
-9.23%
Views
20
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
416.29%
Purchase Details
Closed on
Nov 22, 2024
Sold by
Jorgyz Llc
Bought by
Barron Properties Llc
Purchase Details
Closed on
Feb 21, 2013
Sold by
Jill Hanson Trust
Bought by
Blue Noble Group Llc
Purchase Details
Closed on
Feb 12, 2013
Similar Homes in Indianapolis, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $75,000 | None Listed On Document | |
| Warranty Deed | -- | -- | |
| Quit Claim Deed | $4,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2025 06/09/25 | Sold | $152,500 | -9.2% | $136 / Sq Ft |
| 05/26/2025 05/26/25 | Pending | -- | -- | -- |
| 05/22/2025 05/22/25 | For Sale | $168,000 | 0.0% | $150 / Sq Ft |
| 05/22/2023 05/22/23 | Rented | $995 | 0.0% | -- |
| 05/05/2023 05/05/23 | Under Contract | -- | -- | -- |
| 04/17/2023 04/17/23 | For Rent | $995 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $3,211 | $172,100 | $34,000 | $138,100 |
| 2023 | $3,211 | $130,300 | $32,300 | $98,000 |
| 2022 | $3,194 | $130,300 | $32,300 | $98,000 |
| 2021 | $3,021 | $125,900 | $32,300 | $93,600 |
| 2020 | $2,775 | $114,900 | $32,300 | $82,600 |
| 2019 | $2,041 | $81,700 | $11,800 | $69,900 |
| 2018 | $1,874 | $74,000 | $11,800 | $62,200 |
| 2017 | $1,568 | $68,700 | $11,800 | $56,900 |
| 2016 | $1,416 | $63,000 | $11,800 | $51,200 |
| 2014 | $1,159 | $53,600 | $11,800 | $41,800 |
| 2013 | $1,246 | $53,600 | $11,800 | $41,800 |
Source: Public Records
Agents Affiliated with this Home
-
Sam Barron
S
Seller's Agent in 2025
Sam Barron
Barron Property Services
(317) 225-4591
1 in this area
23 Total Sales
-
Angela Johnson
A
Seller Co-Listing Agent in 2025
Angela Johnson
Barron Property Services
(317) 416-9373
1 in this area
25 Total Sales
-
Alexander Foley
Buyer's Agent in 2025
Alexander Foley
Liz Foley Real Estate, Inc.
(317) 995-1122
2 in this area
25 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22032161
APN: 49-11-13-150-014.000-101
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