$190,000
SOLD MAR 3, 2025
4 Beds
2 Baths
1,196 Sq Ft
3,790 Sq Ft Lot

Recently Sold

$159 Per Sq Ft

24% Below List Price

40 Days on Market

About This Home

As of March 2025

Investor's Dream in Fountain Square! Don't miss this fantastic duplex opportunity in the highly sought-after Fountain Square neighborhood, less than a mile from all the amenities in Fountain Square and just minutes to downtown Indianapolis! Each side offers two bedrooms, one bath, and approximately 1196 square feet of living space on the main floor & upper level, with additional potential in the basement (596 SF) and large garage (storage). This property boasts incredible potential for investors or owner-occupants looking to offset their mortgage by renting out the second unit. The prime location ensures strong rental demand, while nearby amenities, dining, and entertainment add to its appeal. Bring your vision and creativity- this property is ready for updates to unlock its full potential. Whether you're looking for a long-term rental or a short-term Airbnb opportunity, the possibilities are endless! Seize this chance to invest in one of Indy's most vibrant and sought-after communities. Schedule your showing today!

Last Agent to Sell the Property

Cynthia Taylor

Keller Williams Indy Metro S Brokerage Email: cyndie@kw.com License #RB18001293 Listed on: 01/03/2025

Keller Williams Indy Metro S

Last Buyer's Agent

Nicole Lehman

Berkley & State, LLC License #RB22000719

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,962

Year Built

  • Built in 1930

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex
  • Craftsman Architecture
  • Fixer Upper
  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • 2-Story Property
  • 3,790 Sq Ft Lot
  • Unfinished Basement

Community Details

  • Manloves Sub Dunlops Add Subdivision

Listing and Financial Details

  • Tax Lot L6
  • Assessor Parcel Number 491007140006000101
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,962

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1930
  • Lot Size Acres: 0.09
  • Road Frontage Type: City Street
  • Road Surface Type: Concrete
  • Structure Type: Duplex
  • Subdivision Name: Manloves Sub Dunlops Add
  • Transaction Type: Sale
  • Conversion: Yes
  • Price Unit: 95000
  • MBR_AttributionContact: cyndie@kw.com
  • Attribution Contact: cyndie@kw.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Levels: Two
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Possible Use: Residential
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Construction Materials: Brick, Vinyl Siding
  • Foundation Details: Block
  • List Price: 220000
  • Property Condition: Fixer
  • View Y N: No
  • Waterfront: No
  • Road Access: Street Cuts

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached
  • Unit Parking: 1 Car Space

Utilities

  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Current Use: Vacant
  • Lot Size Sq Ft: 3790
  • Parcel Number: 491007140006000101
  • Acres: <1/4 Acre
  • Price Acre: 2111111

Green Features

  • Green Certification Y N: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2962
  • Tax Lot: L6
  • Semi Annual Property Tax Amt: 1481
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2025
Closed on
Mar 3, 2025
Sold by
Doty Edna Mae
Bought by
N & T Consulting Llc
Seller's Agent
Cynthia Taylor
Keller Williams Indy Metro S
Buyer's Agent
Nicole Lehman
Berkley & State, LLC
List Price
$250,000
Sold Price
$190,000
Premium/Discount to List
-$60,000
-24%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Personal Reps Deed $190,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $36,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Pending -- -- --
06/26/2025 06/26/25 For Sale $434,500 +128.7% --
03/03/2025 03/03/25 Sold $190,000 -13.6% $159 / Sq Ft
02/12/2025 02/12/25 Pending -- -- --
02/09/2025 02/09/25 Price Changed $220,000 -12.0% $184 / Sq Ft
01/03/2025 01/03/25 For Sale $250,000 -- $209 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

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 $3,101 $126,400 $18,100 $108,300
2023 $3,101 $124,900 $18,100 $106,800
2022 $2,864 $116,000 $18,100 $97,900
2021 $2,547 $105,000 $18,100 $86,900
2020 $2,113 $86,000 $18,100 $67,900
2019 $2,203 $88,300 $2,800 $85,500
2018 $2,023 $80,100 $2,800 $77,300
2017 $1,715 $75,100 $2,800 $72,300
2016 $1,570 $69,800 $2,800 $67,000
2014 $1,855 $86,000 $2,800 $83,200
2013 $1,884 $86,000 $2,800 $83,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22016650

MIBOR Broker Listing Cooperative®

APN: 49-10-07-140-006.000-101