1805 Southeastern Ave Indianapolis, IN 46201
Christian Park NeighborhoodEstimated payment $1,920/month
Highlights
- Neighborhood Views
- Forced Air Heating and Cooling System
- Dehumidifier
- Shed
About This Home
Welcome to 1805 Southeastern Ave, a turnkey duplex offering an exceptional investment opportunity in the heart of Indianapolis! This income-producing property is already generating strong cash flow, with one unit currently rented for $1,500 per month and the second unit scheduled to be occupied beginning August 1 at $1,500 per month, bringing the total monthly rental income to $3,000 ($36,000 annually). Each unit is separately metered, helping keep operating expenses low, and both units feature in-unit washer and dryer hookups for added convenience. Recent improvements include two new furnaces and two new A/C units, providing peace of mind for years to come. Whether you're looking to add a stable, cash-flowing asset to your portfolio or secure a well-maintained multifamily investment in a growing area, this property is a fantastic opportunity. Conveniently located just minutes from downtown Indianapolis, 1805 Southeastern Ave is ready to start producing income from day one. Don't miss your chance to own this exceptional investment property!
Listing Agent
BLK Key Realty Brokerage Email: Jwade@blkkeyrealty.com License #RB18001552 Listed on: 03/17/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,088
Year Built
- Built in 1910
Lot Details
- 4,617 Sq Ft Lot
Parking
- Alley Access
Home Design
- Duplex
- Split Level Home
- Brick Exterior Construction
Interior Spaces
- Multi-Level Property
- Neighborhood Views
- Unfinished Basement
- Laundry in Basement
- Fire and Smoke Detector
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Outdoor Features
- Shed
- Storage Shed
Utilities
- Forced Air Heating and Cooling System
- Dehumidifier
Community Details
- State Square Subdivision
Listing and Financial Details
- Tax Lot 52
- Assessor Parcel Number 491007205100000101
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $4,088 | $233,600 | $6,200 | $227,400 |
| 2024 | $4,012 | $241,400 | $6,200 | $235,200 |
| 2023 | $4,012 | $233,800 | $6,200 | $227,600 |
| 2022 | $2,140 | $133,800 | $6,200 | $127,600 |
| 2021 | $2,653 | $109,200 | $6,200 | $103,000 |
| 2020 | $2,456 | $100,400 | $6,200 | $94,200 |
| 2019 | $1,592 | $62,000 | $2,200 | $59,800 |
| 2018 | $1,499 | $57,600 | $2,200 | $55,400 |
| 2017 | $1,309 | $55,800 | $2,200 | $53,600 |
| 2016 | $1,269 | $55,200 | $2,200 | $53,000 |
| 2014 | $1,168 | $54,000 | $2,200 | $51,800 |
| 2013 | -- | $54,000 | $2,200 | $51,800 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/27/2026 06/27/26 | Price Changed | $1,500 | 0.0% | $1 / Sq Ft | |
| 06/27/2026 06/27/26 | For Rent | $1,500 | 0.0% | -- | |
| 06/05/2026 06/05/26 | Price Changed | $289,900 | -3.0% | -- | |
| 04/22/2026 04/22/26 | Price Changed | $299,000 | -9.4% | -- | |
| 04/08/2026 04/08/26 | Price Changed | $330,000 | -5.7% | -- | |
| 03/17/2026 03/17/26 | For Sale | $350,000 | 0.0% | -- | |
| 11/30/2024 11/30/24 | Off Market | $1,400 | -- | -- | |
| 11/06/2024 11/06/24 | For Rent | $1,400 | 0.0% | -- | |
| 12/17/2021 12/17/21 | Sold | $185,000 | +12.2% | $181 / Sq Ft | View Prior Sale |
| 11/11/2021 11/11/21 | Pending | -- | -- | -- | |
| 11/09/2021 11/09/21 | For Sale | $164,900 | -- | $162 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Quit Claim Deed | -- | Schmitz David A | |
| Warranty Deed | $184,537 | Schmitz David A | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $185,000 | -- | |
| Deed | $6,900 | -- | |
| Corporate Deed | -- | None Available | |
| Sheriffs Deed | $15,000 | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $268,620 | FHA | |
| Closed | $225,834 | FHA | |
| Previous Owner | $138,750 | New Conventional |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22089555
APN: 49-10-07-205-100.000-101
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Ask me questions while you tour the home.