1627 N Talbott St Indianapolis, IN 46202
Near Northside NeighborhoodEstimated payment $1,733/month
About This Home
Located just minutes from downtown Indianapolis, this multifamily property offers significant potential for redevelopment or repositioning. The building includes a surface parking lot and is situated in a highly accessible location near major employers, shopping, dining, and entertainment. This presents an excellent opportunity for an investor to add value in a growing rental market. The property is in distressed condition and will require a full renovation. Limited information is available, and buyers are encouraged to perform their own due diligence. Property is located within the Herron-Morton Place Historic District.
Listing Agent
Keller Williams Indpls Metro N Brokerage Email: doug.fredbeck@kw.com License #RB14042479 Listed on: 04/10/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1867
Home Design
- Quadruplex
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Additional Features
- 3-Story Property
- 8,190 Sq Ft Lot
- Basement
Community Details
- Eliz Talbotts Subdivision
Listing and Financial Details
- Tax Lot 230
- Assessor Parcel Number 490636176012000101
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 | $9,506 | $477,100 | $79,600 | $397,500 |
| 2024 | $9,684 | $400,600 | $79,600 | $321,000 |
| 2023 | $9,684 | $376,700 | $39,800 | $336,900 |
| 2022 | $7,273 | $302,900 | $39,800 | $263,100 |
| 2021 | $6,477 | $275,600 | $36,200 | $239,400 |
| 2020 | $6,928 | $282,400 | $36,200 | $246,200 |
| 2019 | $6,525 | $271,600 | $36,200 | $235,400 |
| 2018 | $6,580 | $271,600 | $36,200 | $235,400 |
| 2017 | $5,687 | $262,800 | $36,200 | $226,600 |
| 2016 | $5,298 | $250,000 | $36,200 | $213,800 |
| 2014 | $5,407 | $250,100 | $36,200 | $213,900 |
| 2013 | $5,720 | $250,100 | $36,200 | $213,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/10/2026 04/10/26 | For Sale | $275,000 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22094650
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Ask me questions while you tour the home.