$289,900
$60K PRICE DROP

Estimated payment $1,905/month

Total Views 4,805
4 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

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 fully vacant property provides immediate flexibility for an owner-occupant looking to house hack, an investor seeking to place tenants at current market rents, or anyone looking to expand their real estate portfolio. 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 for immediate cash-flow potential or a smart long-term investment, this move-in-ready duplex offers the flexibility and upside today's buyers are looking for. Don't miss this opportunity to own a well-maintained multifamily property just minutes from downtown Indianapolis!

Listing Agent

Justin Wade

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,088

Year Built

Built in 1910

Lot Details

4,617 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Split Level
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2025
  • Year Built: 1910
  • Lot Size Acres: 0.11
  • Structure Type: Duplex
  • Subdivision Name: State Square
  • Transaction Type: Sale
  • Website: www.blkkeyrealty.com
  • Conversion: No
  • Attribution Contact: Jwade@blkkeyrealty.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Levels: Multi/Split
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Other Equipment: Dehumidifier, Smoke Alarm

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Storage Shed
  • View: Neighborhood
  • View Y N: Yes
  • Road Access: Access Rd

Garage/Parking

  • Parking Features: Alley Access, Concrete
  • Unit Parking: On Street,Parking Lot

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Connections All, In Basement
  • Security Features: Smoke Detector(s)
  • Solid Waste: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 4617
  • Parcel Number: 491007205100000101
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 4088
  • Tax Lot: 52
  • Semi Annual Property Tax Amt: 2044
  • Tax Exemption: Homestead Tax Exemption

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
06/05/2026 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
Source: MIBOR Broker Listing Cooperative®

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
Warranty Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- Schmitz David A
Quit Claim Deed -- Schmitz David A
Quit Claim Deed -- Schmitz David A
Warranty Deed $184,537 Schmitz David A
Warranty Deed $185,000 Schmitz David A
Deed $6,900 --
Corporate Deed -- None Available
Sheriffs Deed $15,000 None Available
Source: Public Records

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 $225,834 FHA
Previous Owner $138,750 New Conventional
Previous Owner $138,750 New Conventional
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22089555

MIBOR Broker Listing Cooperative®

APN: 49-10-07-205-100.000-101

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