1602 E Vermont St Indianapolis, IN 46201
Holy Cross NeighborhoodEstimated payment $3,197/month
Total Views
4,079
6
Beds
4
Baths
--
Sq Ft
--
Price per Sq Ft
About This Home
Excellent investment opportunity! This well-maintained four-unit property features a solid brick exterior and long-term tenant history, with potential to support higher rental rates. Unit 1 is a spacious 2-bedroom, 1-bath unit with 1,225 sq ft, central air, and a private washer/dryer. Unit 2 offers 1 bedroom, 1 bath, and 884 sq ft. Unit 3 includes 2 bedrooms, 1 bath, and 827 sq ft. Unit 4 is an efficiency unit. Units 2-4 share access to a washer and dryer located in the basement. Gross annual income is $39,240. See attachment for full lease details and property information.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,490
Year Built
- Built in 1910
Lot Details
- 5,400 Sq Ft Lot
Parking
- Alley Access
Home Design
- Brick Exterior Construction
Interior Spaces
- 2-Story Property
- Fire and Smoke Detector
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Unfinished Basement
- Laundry in Basement
- Basement Storage
Utilities
- Central Air
- Window Unit Cooling System
Community Details
- Sturm & Kollers Subdivision
- Laundry Facilities
Listing and Financial Details
- The owner pays for insurance, taxes
- Tax Lot 52
- Assessor Parcel Number 491006132010000101
Map
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
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 | $6,628 | $448,400 | $7,500 | $440,900 |
| 2023 | $6,628 | $273,600 | $3,800 | $269,800 |
| 2022 | $5,250 | $214,200 | $3,800 | $210,400 |
| 2021 | $4,648 | $195,700 | $3,400 | $192,300 |
| 2020 | $4,714 | $197,900 | $3,400 | $194,500 |
| 2019 | $4,647 | $191,400 | $3,400 | $188,000 |
| 2018 | $4,736 | $193,500 | $3,400 | $190,100 |
| 2017 | $2,689 | $120,800 | $3,400 | $117,400 |
| 2016 | $2,494 | $114,200 | $3,400 | $110,800 |
| 2014 | $2,649 | $122,500 | $3,400 | $119,100 |
| 2013 | -- | $122,500 | $3,400 | $119,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | Price Changed | $485,000 | -2.0% | -- |
| 06/24/2025 06/24/25 | For Sale | $495,000 | +127.6% | -- |
| 04/27/2017 04/27/17 | Sold | $217,500 | -5.4% | -- |
| 03/03/2017 03/03/17 | Pending | -- | -- | -- |
| 02/20/2017 02/20/17 | For Sale | $229,900 | +70.3% | -- |
| 06/19/2015 06/19/15 | Sold | $135,000 | -9.4% | $47 / Sq Ft |
| 05/04/2015 05/04/15 | Pending | -- | -- | -- |
| 10/02/2014 10/02/14 | For Sale | $149,000 | -- | $52 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $218,500 | -- | |
| Deed | -- | First American Title | |
| Warranty Deed | -- | First American Title Ins Co | |
| Warranty Deed | -- | Fat |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $174,000 | New Conventional | |
| Previous Owner | $101,250 | Commercial | |
| Previous Owner | $96,396 | Commercial |
Source: Public Records
Similar Homes in Indianapolis, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22046613
APN: 49-10-06-132-010.000-101
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.
Nearby Homes
- 315 N Arsenal Ave
- 1525 Marlowe Ave
- 433 N State Ave
- 452 N State Ave
- 1421 E New York St
- 43 N Walcott St
- 234 N State Ave
- 302 N Walcott St
- 1405 E Vermont St
- 1536 E Ohio St
- 207 N Arsenal Ave
- 424 N Randolph St
- 437 N State Ave
- 1523 Marlowe Ave
- 1314 E New York St
- 1330 Marlowe Ave
- 43 N Randolph St
- 1601 E Ohio St
- 1613 E Ohio St
- 470 N Randolph St
- 405 N State Ave Unit ID1266063P
- 1641 E Michigan St Unit B
- 248 N Walcott St
- 506 Woodruff Place Middle Dr Unit 506.
- 142 N Oriental St
- 590 Woodruff Place Dr E
- 123 N Highland Ave
- 2107 E Michigan St
- 2109 E Michigan St
- 25 N Highland Ave Unit ID1014506P
- 27 N Highland Ave Unit ID1014508P
- 1301 E Washington St
- 1117 E Market St
- 238 N Beville Ave
- 1324 E 9th St
- 320 N Keystone Ave
- 1718 Southeastern Ave
- 963 Woodruff Place Dr W
- 963 Woodruff Pl Dr W
- 151 Leota St