2026 Clay St Indianapolis, IN 46205
Fairgrounds NeighborhoodEstimated payment $1,301/month
Highlights
- Ranch Style House
- Property is near a bus stop
- Forced Air Heating System
About This Home
Don't miss this remarkable duplex located in the highly sought-after SoBro neighborhood! The area is bustling with investment, making this a prime time to secure a property in this thriving community. Perfect for a first-time homebuyer that wants to use a renovation loan to buy and renovate, or an newer investor that could live on one side and rent the other side out. The duplex is currently generating income with one tenant on a month-to-month lease, and the other tenant on a one-year lease, paying a total of $1,800/month, with estimated market rent at $2,420/month. The addresses are 2026 and 2028 Clay St. Recent updates to the property include fresh paint, updated light fixtures, modern appliances, and a renovated kitchen and bathroom, ensuring it's move-in ready and low maintenance. Situated in a convenient north side location, this property offers easy access to everything Indy has to offer. Enjoy proximity to schools, parks, shopping, and recreational spots like the Monon Trail. Commuting is simplified with access to the Red & Purple Lines, and major roads such as N College Ave, N Keystone Ave, 38th St, and Fall Creek Pkwy. The Fairgrounds are also just a short distance away. Please note this property can be bundled with the vacant lot next door or 2 other duplexes in the immediate area.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,362
Year Built
- Built in 1958 | Remodeled
Home Design
- Duplex
- Ranch Style House
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Additional Features
- 5,140 Sq Ft Lot
- Property is near a bus stop
Community Details
- Montrose Subdivision
Listing and Financial Details
- The owner pays for insurance, taxes
- Tax Lot 440
- Assessor Parcel Number 490718103434000801
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 | $2,710 | $109,200 | $13,400 | $95,800 |
| 2023 | $2,710 | $109,200 | $13,400 | $95,800 |
| 2022 | $2,479 | $101,800 | $13,400 | $88,400 |
| 2021 | $1,971 | $80,400 | $3,200 | $77,200 |
| 2020 | $1,735 | $70,000 | $3,200 | $66,800 |
| 2019 | $1,647 | $65,000 | $3,200 | $61,800 |
| 2018 | $1,321 | $50,800 | $3,200 | $47,600 |
| 2017 | $1,124 | $47,800 | $3,200 | $44,600 |
| 2016 | $1,046 | $45,200 | $3,200 | $42,000 |
| 2014 | $1,107 | $51,200 | $3,200 | $48,000 |
| 2013 | $1,027 | $49,400 | $3,200 | $46,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/15/2025 08/15/25 | For Sale | $210,000 | 0.0% | -- | |
| 08/13/2025 08/13/25 | Off Market | $210,000 | -- | -- | |
| 07/16/2025 07/16/25 | For Sale | $210,000 | 0.0% | -- | |
| 01/15/2013 01/15/13 | Rented | $550 | -99.1% | -- | |
| 01/09/2013 01/09/13 | Under Contract | -- | -- | -- | |
| 12/03/2012 12/03/12 | For Rent | $60,000 | 0.0% | -- | |
| 09/24/2012 09/24/12 | Sold | $27,900 | -24.4% | $37 / Sq Ft | View Prior Sale |
| 09/12/2012 09/12/12 | Pending | -- | -- | -- | |
| 08/28/2012 08/28/12 | For Sale | $36,900 | -- | $49 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22038494
APN: 49-07-18-103-434.000-801
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