$299,000
$70K PRICE DROP

Estimated payment $1,922/month

Total Views 11,040
3 Beds
1 Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • City View
  • Hiking Trails
  • Property is near a bus stop
  • Craftsman Architecture
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

Discover this solid investment opportunity with this charming Craftsman-style duplex, ideally situated between Garfield Park and Fountain Square-two of Indy's most vibrant neighborhoods. Each unit features 3 bedrooms and 1 bath, offering spacious living areas filled with character. With just modest updates needed, this property provides an excellent chance to add your personal touch and maximize its appeal. Enjoy the convenience of being close to popular restaurants, parks, and scenic trails, making it an attractive location for renters. The area is rapidly developing, bringing a sense of excitement and growth to the community, and ensuring a steady pool of potential tenants eager to move in. This property includes a two-car garage, plus a generous third bay perfect for extra storage or a workshop. The anticipated rental income positions this duplex to deliver positive cash flow, making it a smart addition to any portfolio. To sweeten the deal, the seller is open to offering a generous credit for appliances with reasonable offers. Don't miss out on this opportunity to invest in an up-and-coming area with strong income potential.

Listing Agent

Patrick Keller

CrestPoint Real Estate License #RB15001255 Listed on: 10/11/2024

Co-Listing Agent

Paul Gorrell

CrestPoint Real Estate License #RB24000835

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,550

Year Built

  • Built in 1920

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Craftsman Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • City Views
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Additional Features

  • 5,184 Sq Ft Lot
  • Property is near a bus stop
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1053156
  • Assessor Parcel Number 491113208633000101

Community Details

Overview

  • Beatys Subdivision

Recreation

  • Hiking Trails

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,550

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1920
  • Lot Size Acres: 0.12
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: Beatys
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 149500
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Partial
  • Levels: Two
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Amenities: parks, trails, restaurants, shops

Exterior Features

  • Roof: Asphalt
  • Construction Materials: Brick, Vinyl With Brick
  • Fencing: Full
  • Foundation Details: Block, Brick, Divided, Partial
  • List Price: 299000
  • View: City
  • View Y N: Yes
  • Waterfront: No
  • Road Access: Access Rd,Frontage Road

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Unit Parking: 2 Car Garage,Covered,On Street

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Solid Waste: No

Fee Information

  • Expenses: 5000

Lot Info

  • Lot Features: Access, Busline, Not In Subdivision, On Trail, Sidewalks
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Current Use: Vacant
  • Lot Size Sq Ft: 5184
  • Parcel Number: 491113208633000101
  • Acres: <1/4 Acre
  • Price Acre: 2491667

Multi Family

  • Gross Income: 42600
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3550
  • Tax Lot: 1053156
  • Semi Annual Property Tax Amt: 1775
  • Tax Exemption: None

Map

Range of Values:

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Average Value
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Sold Price
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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
2024 $3,689 $158,300 $19,600 $138,700
2023 $3,689 $149,700 $19,600 $130,100
2022 $1,664 $149,700 $19,600 $130,100
2021 $1,307 $130,500 $19,600 $110,900
2020 $1,158 $117,500 $19,600 $97,900
2019 $760 $80,000 $3,800 $76,200
2018 $621 $71,500 $3,800 $67,700
2017 $464 $65,500 $3,800 $61,700
2016 $355 $60,100 $3,800 $56,300
2014 $91 $41,300 $3,800 $37,500
2013 $91 $41,300 $3,800 $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 Price Changed $299,000 -0.3% --
07/20/2025 07/20/25 For Sale $300,000 0.0% --
06/10/2025 06/10/25 Pending -- -- --
05/29/2025 05/29/25 Price Changed $300,000 -8.8% --
04/21/2025 04/21/25 For Sale $329,000 0.0% --
04/04/2025 04/04/25 Pending -- -- --
03/31/2025 03/31/25 Price Changed $329,000 -5.7% --
03/07/2025 03/07/25 Price Changed $349,000 -2.8% --
02/17/2025 02/17/25 For Sale $359,000 0.0% --
01/17/2025 01/17/25 Pending -- -- --
12/20/2024 12/20/24 Price Changed $359,000 -2.7% --
10/11/2024 10/11/24 For Sale $369,000 -- --
Source: MIBOR Broker Listing Cooperative®

Purchase History

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

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22006325

MIBOR Broker Listing Cooperative®

APN: 49-11-13-208-633.000-101