$119,900
$10K PRICE DROP

Estimated payment $824/month

Total Views 77,312
4 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Hot Property
  • Shed
  • Forced Air Heating System
  • Mature Trees
  • 1-Story Property
  • Laundry Facilities

About This Home

Solid Block double. 2-bedrooms per side. Located East of Indianapolis Motor Speedway. Great potential with a little work. Property is currently vacant. Rent has been between $850-$1,200 per month according to past listings.

Listing Agent

Timothy O'Connor

Berkshire Hathaway Home License #RB14010606 Listed on: 06/05/2025

Berkshire Hathaway Home

Co-Listing Agent

Sean O’Connor

Berkshire Hathaway Home License #RB14042922

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,942

Year Built

  • Built in 1950

Lot Details

  • 10,542 Sq Ft Lot
  • Mature Trees

Home Design

  • Duplex
  • Brick Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Ernie Pyle School 90 Elementary School
  • H L Harshman Middle School

Additional Features

  • 1-Story Property
  • Shed
  • City Lot
  • Forced Air Heating System

Community Details

  • Rainbow Ridge Subdivision
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot lot 667 668
  • Assessor Parcel Number 490632115767000901

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,942

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1950
  • Lot Size Acres: 0.24
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: Rainbow Ridge
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 59950
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Total Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Barn Mini
  • Foundation Details: Brick
  • List Price: 119900
  • Waterfront: No
  • Road Access: Frontage Road

Garage/Parking

  • Parking Features: Gravel
  • Unit Parking: Unpaved

Utilities

  • Heating: Forced Air, Natural Gas
  • Laundry Features: Common Laundry
  • Solid Waste: Yes

Fee Information

  • Expenses: 8971

Schools

  • Middle Or Junior School: H L Harshman Middle School

Lot Info

  • Lot Features: City Lot, Mature Trees
  • Property Attached Yn: No
  • Current Use: Residential
  • Lot Size Sq Ft: 10542
  • Parcel Number: 490632115767000901
  • Acres: <1/4 Acre
  • Price Acre: 499583

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1942
  • Tax Lot: lot 667 668
  • Semi Annual Property Tax Amt: 971
  • Tax Exemption: None

MLS Schools

  • Elementary School: Ernie Pyle School 90

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 $1,955 $81,800 $5,700 $76,100
2023 $1,955 $75,800 $5,700 $70,100
2022 $1,906 $75,800 $5,700 $70,100
2021 $1,363 $52,400 $5,700 $46,700
2020 $1,250 $47,500 $5,700 $41,800
2019 $1,222 $45,500 $5,700 $39,800
2018 $1,083 $39,400 $5,700 $33,700
2017 $994 $40,200 $5,700 $34,500
2016 $890 $36,200 $5,700 $30,500
2014 $708 $32,700 $5,700 $27,000
2013 $630 $33,800 $5,700 $28,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2025 08/02/25 Price Changed $119,900 -7.7% --
06/05/2025 06/05/25 For Sale $129,900 -- --
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Sheriffs Deed $33,659 None Listed On Document
Warranty Deed $117,500 Fidelity National Title
Warranty Deed $117,500 Wall Legal Services
Quit Claim Deed $117,500 Wall Legal Services
Warranty Deed -- Mad Anthony Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $127,500 Construction
Source: Public Records

About the Listing Agent

Timothy O'Connor

Berkshire Hathaway Home

(463) 223-9740

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Tim O’Connor is well known in the Indianapolis real estate market for his success in real estate sales over the past 43years. Tim’s sales volume has consistently been in the top 1% for all agents in the Indianapolis market. His career began with a B.S. degree in Business Administration from Indiana University, School of Business, majoring in Real Estate, as well as training as an appraiser, and obtaining his real estate broker’s license. This education and Tim’s years of experience have made

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22043200

MIBOR Broker Listing Cooperative®

APN: 49-06-32-115-767.000-901