2018 Prospect St Indianapolis, IN 46203
Fountain Square NeighborhoodEstimated payment $3,281/month
Highlights
- Neighborhood Views
- Balcony
- 2 Car Detached Garage
About This Home
RARE DUPLEX TRIPLEX HYBRID: Fully Renovated with 3 Income Streams! Whether you are looking for a lucrative addition to your portfolio or a high-end house hack where your tenants pay your mortgage, this turnkey property delivers unmatched flexibility and cash flow potential. The Layout & Bonus Suite: Two Modern Units: Each side features a spacious 2 BR / 2 BA layout with modern finishes, open concepts, and independent in-unit laundry. The Secret Weapon: One side features a private studio in-law suite with its own separate entrance. Perfect for an Airbnb/VRBO, a mid-term rental for traveling professionals, or multigenerational living. Upgraded From the Studs Up (Zero CapEx Needed): Skip the renovation headaches. Everything is brand new and engineered for efficiency: All-new electrical, plumbing, and HVAC systems. Whole-house tankless instant hot water system (never run out of hot water). Whole-house water softener for added luxury and appliance longevity. Investment Strategy: Live for Free: Occupy one 2-bedroom unit, rent out the other 2-bedroom unit long-term, and run a high-margin short-term rental out of the studio suite!
Listing Agent
Keller Williams Indy Metro Partners Brokerage Email: gloria@gearregroup.com License #RB16001575 Listed on: 07/01/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,592
Year Built
- Built in 1910
Parking
- 2 Car Detached Garage
Home Design
- Triplex
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Additional Features
- Neighborhood Views
- Balcony
- 4,095 Sq Ft Lot
- Basement
Community Details
- Vandeman & Hunters Subdivision
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 491007168001000101
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 | $9,518 | $398,800 | $15,300 | $383,500 |
| 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
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 |
|---|---|---|---|---|---|
| 07/01/2026 07/01/26 | For Sale | $475,000 | +427.8% | -- | |
| 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
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 | -- | None Available | |
| Warranty Deed | $42,000 | First American Title Insurance |
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 | $329,000 | New Conventional |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22111493
APN: 49-10-07-168-001.000-101
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Ask me questions while you tour the home.