1631 Columbia Ave Indianapolis, IN 46202
Martindale-Brightwood NeighborhoodEstimated payment $3,803/month
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.
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
- 6 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
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 |
|---|---|---|---|---|
| 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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | Rented | $1,299 | 0.0% | -- |
| 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 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $145,000 | None Available | |
| Warranty Deed | $103,304 | None Available | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| 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 | -- |
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: MIBOR Broker Listing Cooperative®
MLS Number: 22042495
APN: 49-07-31-213-319.000-101
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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.
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