$600,000

Estimated payment $3,969/month

Total Views 3,861
6 Beds
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Smart Locks
  • Forced Air Heating and Cooling System
  • 3-minute walk to Frank and Judy O'Bannon Old Northside Soccer Park

About This Home

A rare opportunity to own a fully furnished, income-generating duplex in the heart of Indianapolis' premier Kennedy-King neighborhood. This professionally managed property features two spacious units, each currently operating as highly profitable short-term rentals with outstanding occupancy rates. Each unit offers three bedrooms and two and a half bathrooms, fully appointed kitchens, and comfortable living spaces. Separate laundry rooms in each unit provide additional convenience, making extended stays a breeze. Enjoy Indiana's four seasons on the welcoming front porch, ideal for relaxing or greeting neighbors in this walkable community. Parking is included, a valuable amenity in this sought-after location just minutes from downtown, the Monon Trail, and popular dining and cultural attractions. Property value continues to appreciate with new construction, amenities and attractions being added each month. Whether you're looking to expand your short-term rental portfolio or reside in one unit while generating income from the other, this turnkey property provides a fully operational, revenue-ready investment in one of Indy's most desirable neighborhoods.

Listing Agent

Allison Steck

Compass Indiana, LLC License #RB14046324 Listed on: 08/03/2025

Compass Indiana, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,474

Year Built

  • Built in 1900

Parking

  • Alley Access

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 6 Bedrooms
  • 3-Story Property
  • Smart Locks

Additional Features

  • 4,050 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Fiscus Sub Johnson Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 490636212008002101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,474

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1900
  • Lot Size Acres: 0.09
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: Fiscus Sub Johnson
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 300000
  • Special Features: None

Interior Features

  • Levels: Three Or More
  • Total Bedrooms: 6
  • Amenities: Fully Furnished

Exterior Features

  • Roof: Asphalt
  • Construction Materials: Vinyl Siding
  • Exterior Features: Smart Lock(s)
  • List Price: 600000
  • Road Access: See Remarks

Garage/Parking

  • Parking Features: Alley Access, Guest
  • Unit Parking: On Street,Other

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Additional Parcels: No
  • Current Use: See Remarks
  • Lot Size Sq Ft: 4050
  • Parcel Number: 490636212008002101
  • Acres: <1/4 Acre
  • Price Acre: 6666667

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 8474
  • Tax Lot: 23
  • Semi Annual Property Tax Amt: 4237

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $4,351 $186,100 $48,500 $137,600
2023 $4,351 $180,500 $48,500 $132,000
2022 $3,612 $176,400 $48,500 $127,900
2021 $3,010 $127,600 $17,000 $110,600
2020 $2,705 $116,800 $17,000 $99,800
2019 $2,566 $108,700 $17,000 $91,700
2018 $2,376 $97,100 $17,000 $80,100
2017 $1,913 $87,200 $17,000 $70,200
2016 $1,755 $85,500 $17,000 $68,500
2014 $1,762 $81,500 $17,000 $64,500
2013 $1,563 $75,200 $17,000 $58,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2025 08/03/25 For Sale $600,000 -- --
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $220,780 Stewart Title
Warranty Deed $425,000 Stewart Title
Interfamily Deed Transfer -- Lsi Title Agency Inc
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $166,000 New Conventional
Closed $166,000 Commercial
Previous Owner $166,000 New Conventional
Previous Owner $150,000 No Value Available
Previous Owner $99,800 New Conventional
Previous Owner $75,360 New Conventional
Previous Owner $135,375 Adjustable Rate Mortgage/ARM
Previous Owner $101,500 New Conventional
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22053729

MIBOR Broker Listing Cooperative®

APN: 49-06-36-212-008.002-101