$250,000

Estimated payment $1,620/month

Total Views 1,178
3 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Colonial Architecture
  • Wood Siding
  • 4-minute walk to Willard Park
  • Forced Air Heating and Cooling System

About This Home

Welcome to this Victorian colonial style residential duplex located in Indianapolis Indiana. Ideally located near downtown and along established bus routes, this well-positioned duplex offers a unique opportunity for both residential rental income and potential commercial use. Zoned C3 Neighborhood Commercial District, the property sits along high-traffic Washington Street, providing excellent visibility and exposure to a steady flow of daily commuters. One unit is currently tenant-occupied, generating immediate rental income, while the second unit offers flexibility for owner-occupancy or additional leasing. This configuration makes the property attractive to both seasoned investors seeking to expand their portfolio and first-time investors interested in offsetting living expenses with rental income. The property is currently livable and income-producing, though it would benefit from updates and improvements-presenting a strong value-add opportunity for the right buyer. This duplex combines immediate cash flow with long-term potential in a highly visible and accessible location.

Listing Agent

Jim Gilday

eXp Realty, LLC Brokerage Email: JIM@THEGILDAYGROUP.COM License #RB14048800 Listed on: 04/20/2026

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,640

Year Built

  • Built in 1890

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Fixer Upper
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Exterior Lighting
  • 3,659 Sq Ft Lot
  • City Lot

Community Details

  • Willard Place Subdivision

Listing and Financial Details

  • The owner pays for all utilities, insurance, lawncare, taxes, sewer, trash collection, water
  • Legal Lot and Block 76 / 107
  • Assessor Parcel Number 491006185095000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,640

Year Built

Built in 1890

Lot Details

3,659 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Colonial
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1890
  • Lot Size Acres: 0.08
  • Road Surface Type: Concrete
  • Structure Type: Duplex
  • Subdivision Name: Willard Place
  • Transaction Type: Sale
  • Conversion: No
  • Attribution Contact: JIM@THEGILDAYGROUP.COM
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Levels: Two
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Owner Pays: All Utilities, Insurance, Lawncare, Taxes, Sewer, Trash Collection, Water

Exterior Features

  • Roof: Shingle
  • Construction Materials: Wood Siding, Brick
  • Exterior Features: Lighting
  • Fencing: Partial
  • Property Condition: Fixer
  • Waterfront: No
  • Road Access: Access Rd

Garage/Parking

  • Parking Features: On Street
  • Unit Parking: On Street

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Other
  • Security Features: Smoke Detector(s)
  • Solid Waste: No

Lot Info

  • Lot Features: City Lot, Storm Sewer, Street Lights
  • Current Use: Residential
  • Lot Size Sq Ft: 3659
  • Parcel Number: 491006185095000101
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: Insurance, Rent Only

Multi Family

  • Net Operating Income: 21950
  • Insurance Expense: 1200

Tax Info

  • Tax Annual Amount: 3640
  • Tax Block: 107
  • Tax Lot: 76
  • Semi Annual Property Tax Amt: 1820

Map

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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
2025 $3,640 $160,000 $11,400 $148,600
2024 $3,467 $153,400 $11,400 $142,000
2023 $3,467 $139,200 $11,400 $127,800
2022 $3,257 $131,000 $11,400 $119,600
2021 $2,553 $103,600 $11,400 $92,200
2020 $1,220 $45,700 $1,800 $43,900
2019 $1,020 $36,400 $1,800 $34,600
2018 $1,007 $35,600 $1,800 $33,800
2017 $882 $34,100 $1,800 $32,300
2016 $803 $31,100 $1,800 $29,300
2014 $631 $29,200 $1,800 $27,400
2013 $551 $29,200 $1,800 $27,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/20/2026 04/20/26 For Sale $250,000 +233.3% --
04/19/2019 04/19/19 Sold $75,000 -8.4% $44 / Sq Ft View Prior Sale
03/13/2019 03/13/19 Pending -- -- --
02/18/2019 02/18/19 Price Changed $81,900 -28.8% $48 / Sq Ft
11/01/2018 11/01/18 For Sale $115,000 -- $68 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Quit Claim Deed -- None Listed On Document
Warranty Deed -- None Available
Quit Claim Deed -- --
Quit Claim Deed -- None Available
Quit Claim Deed -- --
Personal Reps Deed -- None Available
Personal Reps Deed -- None Available
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22091469

MIBOR Broker Listing Cooperative®

APN: 49-10-06-185-095.000-101

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