2018 Prospect St Indianapolis, IN 46203
Fountain Square NeighborhoodEstimated payment $3,351/month
About This Home
Nestled in the heart of Indianapolis, Indiana, at 2018 Prospect St, this attractive property presents a unique opportunity to own a piece of architectural history. Built in 1910, this triplex has been lovingly maintained and is in great condition. Units 1 and 2 are mirror images of each other. The living rooms are a bright and airy space, enhanced by the soaring vaulted ceiling, which creates an atmosphere of grandeur and openness. The kitchen features shaker cabinets and a backsplash, creating a stylish and functional eat-in area. There is also a laundry area, complete with a washer and dryer at the end of this space. Both bedrooms and one full bathroom are upstairs, while there is an extra full bathroom downstairs. These units have been used as both mid and short-term rentals, but there is plenty of flexibility to live in one unit with the possibilities of short, mid, or long-term rentals for all units. Furnishings are negotiable. Bonus! a studio apartment in the back upstairs, accessed by exterior stairs to a deck/balcony. This unit is consistently booked as a profitable short-term rental. This property also features a porch, a fenced backyard, and a detached 2-car garage offering a variety of outdoor spaces to enjoy. With 2880 square feet of living area on a 4095 square feet lot, this completely renovated two-story triplex offers an exceptional investment opportunity for discerning buyers seeking a blend of historic charm and modern amenities.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,592
Year Built
- Built in 1910
Parking
- 2 Car Detached Garage
Home Design
- Triplex
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Washer and Dryer Hookup
- Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Additional Features
- 4,095 Sq Ft Lot
- Cooling System Mounted In Outer Wall Opening
Community Details
- Vandeman & Hunters Subdivision
Listing and Financial Details
- The owner pays for all utilities
- Tax Lot 2
- Assessor Parcel Number 491007168001000101
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 | $8,687 | $362,100 | $15,300 | $346,800 |
| 2023 | $8,687 | $361,200 | $15,300 | $345,900 |
| 2022 | $5,803 | $238,600 | $15,300 | $223,300 |
| 2021 | $2,195 | $90,100 | $15,300 | $74,800 |
| 2020 | $1,821 | $73,700 | $15,300 | $58,400 |
| 2019 | $941 | $77,500 | $2,000 | $75,500 |
| 2018 | $861 | $70,200 | $2,000 | $68,200 |
| 2017 | $740 | $65,900 | $2,000 | $63,900 |
| 2016 | $678 | $61,000 | $2,000 | $59,000 |
| 2014 | $285 | $38,300 | $2,000 | $36,300 |
| 2013 | $331 | $38,300 | $2,000 | $36,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/19/2025 11/19/25 | For Sale | $500,000 | +455.6% | -- | |
| 06/14/2019 06/14/19 | Sold | $90,000 | -10.0% | $63 / Sq Ft | View Prior Sale |
| 06/05/2019 06/05/19 | Pending | -- | -- | -- | |
| 05/30/2019 05/30/19 | For Sale | $100,000 | -- | $69 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $42,000 | First American Title Insurance |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $329,000 | New Conventional |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22072753
APN: 49-10-07-168-001.000-101
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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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