1627 N Talbott St Indianapolis, IN 46202
Near Northside NeighborhoodEstimated payment $1,613/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
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 | $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
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 |
|---|---|---|---|---|
| 06/16/2026 06/16/26 | Price Changed | $250,000 | -3.8% | -- |
| 05/05/2026 05/05/26 | Price Changed | $260,000 | -5.5% | -- |
| 04/10/2026 04/10/26 | For Sale | $275,000 | -- | -- |
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 |
|---|---|---|---|
| Sheriffs Deed | $999,000 | None Listed On Document | |
| Special Warranty Deed | $550,500 | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Quit Claim Deed | $1,000,000 | Bray Miranda D | |
| Warranty Deed | $575,000 | Monument Title | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $455,000 | Monument Title Insurance Compa | |
| Warranty Deed | -- | Mtc | |
| Warranty Deed | -- | -- |
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 | $3,000,000 | New Conventional | |
| Previous Owner | $1,424,998 | Construction | |
| Previous Owner | $1,221,000 | Balloon | |
| Previous Owner | $1,310,250 | New Conventional | |
| Previous Owner | $1,310,250 | New Conventional | |
| Previous Owner | $350,000 | Commercial | |
| Previous Owner | $175,000 | Credit Line Revolving | |
| Previous Owner | $300,000 | Construction | |
| Previous Owner | $575,000 | Commercial | |
| Previous Owner | $759,360 | Commercial | |
| Previous Owner | $233,100 | Commercial | |
| Previous Owner | $152,071 | Future Advance Clause Open End Mortgage |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22094650
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Ask me questions while you tour the home.