$649,000
$46K PRICE DROP

Estimated payment $3,940/month

Total Views 3,644
5 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 1-Story Property
  • Forced Air Heating and Cooling System
  • 2-minute walk to JTV Hill Park

About This Home

Kennedy King Triplex! This property was gut renovated in 2022 and is a perfect live-in investment or cashflowing addition to your portfolio. Rent out the the other two units and live in the third or run your short term rental business. Walkable to the Monon Trail, Greek's Pizzeria, Provider, Tinker Street, and Foundry Provisions. Income and expenses are from 2024. Current unit rents are prorata from 2025 YTD gross income. Agents: proof of funds or preapproval is required to access the property.

Listing Agent

Cory Gardner

Gardner Property Group License #RB17000430 Listed on: 06/03/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,144

Year Built

  • Built in 1960

Home Design

  • Triplex

Interior Spaces

  • 1-Story Property
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • 7,013 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • S A Fletcher Jr North East Subdivision

Listing and Financial Details

  • Tax Lot 490731213319000101
  • Assessor Parcel Number 490731213319000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,144

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1960
  • Lot Size Acres: 0.16
  • Subdivision Name: S A Fletcher Jr North East
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 216333
  • Special Features: None

Interior Features

  • Levels: One
  • Total Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Construction Materials: Other
  • List Price: 649000
  • Road Access: Not Applic

Garage/Parking

  • Unit Parking: On Street,Paved Area

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Laundry Features: Connections All
  • Solid Waste: No

Fee Information

  • Expenses: 21824

Lot Info

  • Lot Features: See Remarks
  • Current Use: Residential
  • Lot Size Sq Ft: 7013
  • Parcel Number: 490731213319000101
  • Acres: <1/4 Acre
  • Price Acre: 4056250

Multi Family

  • Gross Income: 67007
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4144
  • Tax Lot: 490731213319000101
  • Semi Annual Property Tax Amt: 2072

Map

Range of Values:

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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 $4,251 $175,500 $14,700 $160,800
2023 $4,251 $175,500 $14,700 $160,800
2022 $4,230 $175,500 $14,700 $160,800
2021 $1,918 $79,500 $14,700 $64,800
2020 $1,483 $60,500 $3,300 $57,200
2019 $1,481 $59,300 $3,300 $56,000
2018 $1,468 $58,300 $3,300 $55,000
2017 $1,294 $57,300 $3,300 $54,000
2016 $1,266 $57,300 $3,300 $54,000
2014 $1,168 $54,000 $3,300 $50,700
2013 $1,201 $54,000 $3,300 $50,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 For Rent $1,299 0.0% --
06/22/2025 06/22/25 Price Changed $649,000 -6.6% --
06/03/2025 06/03/25 For Sale $695,000 0.0% --
01/08/2024 01/08/24 Rented $1,249 0.0% --
12/21/2023 12/21/23 Price Changed $1,249 -3.8% $1 / Sq Ft
12/11/2023 12/11/23 Price Changed $1,299 -7.1% $1 / Sq Ft
12/07/2023 12/07/23 For Rent $1,399 -- --
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $145,000 None Available
Warranty Deed $103,304 None Available
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Deed $40,700 --
Warranty Deed $40,651 Monument Title
Warranty Deed $40,651 Monument Title
Deed $22,000 --
Deed $22,000 Monument Title
Deed $20,000 --
Deed $20,000 Monument Title Insurance Compa
Deed $6,600 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 New Conventional
Previous Owner $95,250 New Conventional
Previous Owner $20,000 New Conventional
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22042495

MIBOR Broker Listing Cooperative®

APN: 49-07-31-213-319.000-101