$337,000
$63K PRICE DROP

Estimated payment $2,091/month

Total Views 12,799
4 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Explore this attractively priced duplex in vibrant Fountain Square, just minutes from Downtown Indianapolis. Ideal for entrepreneurs, it offers a unique opportunity to use the top unit as an office while residing in or renting out the other. This property has a strong rental history, providing consistent income with its dual-unit setup. Each unit features modern kitchens, spacious living areas, and privacy-perfect for both living and business needs. Located near top city attractions and the bustling arts scene of Fountain Square, this duplex is a smart investment or great starter home that's ready to generate income immediately. Don't miss this chance to combine your living and professional space in one prime location!

Listing Agent

Alexandria Hyche

Dix Realty Group Brokerage Email: alex@alexhycherealtor.com License #RB14050337 Listed on: 09/14/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,228

Year Built

  • Built in 1955

Lot Details

  • 5,140 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Basement
  • Laundry in Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Community Details

  • Morris & Mills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491007188001000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,228

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1955
  • Lot Size Acres: 0.12
  • Structure Type: Duplex
  • Subdivision Name: Morris & Mills
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 168500
  • MBR_AttributionContact: alex@alexhycherealtor.com
  • Attribution Contact: alex@alexhycherealtor.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Owner Pays: All Utilities
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 337000
  • Road Access: Access Rd

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached
  • Unit Parking: 2 Car Garage,On Street

Utilities

  • Laundry Features: In Basement
  • Solid Waste: No

Fee Information

  • Expenses: 12000

Lot Info

  • Current Use: Apt<20
  • Lot Size Sq Ft: 5140
  • Parcel Number: 491007188001000101
  • Acres: <1/4 Acre
  • Price Acre: 2808333

Green Features

  • Green Certification Y N: No

Multi Family

  • Net Operating Income: 46888
  • Gross Income: 30000
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3228
  • Tax Lot: n/a
  • Semi Annual Property Tax Amt: 1614

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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 $3,600 $155,300 $18,100 $137,200
2023 $3,600 $147,300 $18,100 $129,200
2022 $2,934 $136,700 $18,100 $118,600
2021 $2,934 $122,800 $18,100 $104,700
2020 $2,313 $99,900 $18,100 $81,800
2019 $993 $93,100 $2,400 $90,700
2018 $993 $84,300 $2,400 $81,900
2017 $851 $79,800 $2,400 $77,400
2016 $1,037 $74,000 $2,400 $71,600
2014 $906 $90,600 $2,400 $88,200
2013 $873 $90,600 $2,400 $88,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Price Changed $337,000 -2.3% --
01/27/2025 01/27/25 Price Changed $345,000 -11.5% --
01/06/2025 01/06/25 Price Changed $390,000 -2.5% --
09/14/2024 09/14/24 For Sale $400,000 -- --
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Personal Reps Deed -- None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $1,151 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $92,625 New Conventional
Previous Owner $51,000 New Conventional
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22001556

MIBOR Broker Listing Cooperative®

APN: 49-10-07-188-001.000-101