$425,000

Estimated payment $2,363/month

Total Views 412
3 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Modern New Construction Duplex in Martindale-Brightwood | Investment or House Hack Opportunity! Discover this brand-new duplex located in the rapidly revitalizing Martindale-Brightwood neighborhood - one of Indianapolis' most exciting up-and-coming areas for homeowners and investors alike! This thoughtfully designed new build offers two spacious units, each featuring 3 bedrooms and 2 full bathrooms, modern open-concept layouts, and high-end finishes throughout. Property Highlights: 3 Beds, 2 Baths per Unit - Ideal for families, young professionals, or student renters. Contemporary Kitchens with stainless steel appliances, durable vinyl plank flooring, and stylish cabinetry. Energy-Efficient Design - Modern windows, insulation, and mechanicals for low utility costs. Private Off-Street Parking - 2-car parking pad for each unit plus street parking available. Low-Maintenance Exterior - New construction means fewer repairs and lower ongoing expenses. House Hack Ready! Live in one side, rent the other, and offset your mortgage - or lease both units for strong rental cash flow. Located just minutes from downtown Indianapolis, the Monon Trail, Bottleworks District, and major employers like IU Health and Eli Lilly, this duplex is perfectly positioned for growth and appreciation. Martindale-Brightwood is seeing exciting new development and community investment, making this an excellent long-term hold. Whether you're a savvy investor building your portfolio or a first-time buyer ready to house hack, this new construction duplex is your chance to secure a low-maintenance, income-generating property in one of Indy's next hot neighborhoods. Reach out to Alec Neu at 3172583080 to Learn More!

Listing Agent

Ed Neu

Neu Real Estate Group License #RB14039123 Listed on: 07/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $106

Year Built

  • Built in 2025

Lot Details

  • 5,314 Sq Ft Lot

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Community Details

  • I Fletchers Oak Hill Subdivision

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 490731198092000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$106

Year Built

Built in 2025

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Builder Name: IPA
  • Property Type: Residential Income
  • New Construction: Yes
  • Tax Year: 2024
  • Year Built: 2025
  • Lot Size Acres: 0.12
  • Subdivision Name: I Fletchers Oak Hill
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 212500
  • Special Features: NewHome

Interior Features

  • Total Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • List Price: 425000
  • Construction Stage: Permit on File
  • Road Access: See Remarks

Utilities

  • Solid Waste: No

Fee Information

  • Expenses: 8329

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 5314
  • Parcel Number: 490731198092000101
  • Acres: <1/4 Acre
  • Price Acre: 3541667

Multi Family

  • Gross Income: 40880
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 106
  • Tax Lot: 101
  • Semi Annual Property Tax Amt: 53

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 $125 $4,500 $4,500 --
2023 $125 $4,500 $4,500 $0
2022 $125 $4,500 $4,500 $0
2021 $133 $4,500 $4,500 $0
2020 $80 $2,700 $2,700 $0
2019 $81 $2,700 $2,700 $0
2018 $84 $2,700 $2,700 $0
2017 $0 $2,700 $2,700 $0
2016 $71 $2,700 $2,700 $0
2014 $79 $2,700 $2,700 $0
2013 $56 $2,700 $2,700 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $425,000 +1114.3% --
06/20/2025 06/20/25 Sold $35,000 -78.0% --
07/23/2024 07/23/24 For Sale $159,000 +354.3% --
07/08/2024 07/08/24 Off Market $35,000 -- --
07/10/2023 07/10/23 For Sale $159,000 -- --
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Eagle Land Title
Deed $1,900 --
Deed $1,900 --
Quit Claim Deed $1,900 --
Deed $643 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $290,750 New Conventional
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22051416

MIBOR Broker Listing Cooperative®

APN: 49-07-31-198-092.000-101