1728 N Delaware St Indianapolis, IN 46202
Near Northside NeighborhoodEstimated payment $5,805/month
Highlights
- Craftsman Architecture
- 2 Car Detached Garage
- Wood Siding
About This Home
This STR portfolio is comprised of four properties totaling 16 rentable units. This is a quadplex with four units. Current ownership has demonstrated strong short-term income potential. Near downtown locations and boutique finishes drive high occupancy and opportunities for increased revenue with a combination of STR and MTR. Conversion to townhomes/condos or LTR as well as development of included green space to add units offer multiple investment strategies.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,382
Year Built
- Built in 1950
Parking
- 2 Car Detached Garage
Home Design
- Craftsman Architecture
- Wood Siding
Interior Spaces
- 2-Story Property
- Fire and Smoke Detector
- Basement
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Bathrooms
Additional Features
- 6,200 Sq Ft Lot
- Separate Meters
Community Details
- Allen & Roots North Subdivision
Listing and Financial Details
- Tax Lot 490636158062000101
- Assessor Parcel Number 490636158062000101
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 | $5,549 | $467,700 | $30,100 | $437,600 |
| 2023 | $5,549 | $229,100 | $30,100 | $199,000 |
| 2022 | $4,490 | $185,500 | $30,100 | $155,400 |
| 2021 | $4,002 | $168,800 | $27,400 | $141,400 |
| 2020 | $4,110 | $177,300 | $27,400 | $149,900 |
| 2019 | $4,034 | $170,700 | $27,400 | $143,300 |
| 2018 | $4,052 | $170,100 | $27,400 | $142,700 |
| 2017 | $3,587 | $164,700 | $27,400 | $137,300 |
| 2016 | $3,544 | $156,900 | $27,400 | $129,500 |
| 2014 | $3,472 | $160,600 | $27,400 | $133,200 |
| 2013 | $3,720 | $160,500 | $27,300 | $133,200 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | Price Changed | $1,025,000 | -2.4% | -- |
| 05/16/2025 05/16/25 | For Sale | $1,050,000 | +50.0% | -- |
| 06/28/2022 06/28/22 | Sold | $700,000 | +7.9% | $154 / Sq Ft |
| 05/03/2022 05/03/22 | Pending | -- | -- | -- |
| 04/30/2022 04/30/22 | For Sale | $649,000 | -- | $143 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Investors Title | |
| Quit Claim Deed | -- | None Available | |
| Deed | $543,500 | -- | |
| Deed | $543,547 | Paramount Title Agency | |
| Special Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $560,000 | New Conventional | |
| Previous Owner | $94,094 | Commercial |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22037061
APN: 49-06-36-158-062.000-101
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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