$375,000
SOLD DEC 11, 2025
5 Beds
4 Baths
1,911 Sq Ft
2,548 Sq Ft Lot

Recently Sold

$196 Per Sq Ft

3 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating System
  • 5-minute walk to Herron-Morton Place Historic Park
  • Fire Pit
  • Wood Siding

About This Home

As of December 2025

Charming 4-Plex in the historic Herron-Morton neighborhood of downtown. Includes three 1-bedroom units and one 2-bedroom unit. Currently, all units are occupied The prime location makes leasing straightforward. Perfect for an investor looking to pick up 4 turnkey units to add to their portfolio. Recent updates include fresh paint, new carpet, and upgraded appliances, along with a new roof (August 2018), new furnaces (2018), and two tankless water heaters (2021). The building features a grand entry with high ceilings and beautiful inlaid hardwood floors. Talk about "great bones." Enjoy the spacious covered front porch and a private backyard with a fire pit. Just a short walk to restaurants, Herron High School, and more! Leases and ledgers can be provided upon request.

Last Agent to Sell the Property

Ryan Rominger

Trueblood Real Estate License #RB18002043 Listed on: 11/06/2025

Trueblood Real Estate

Last Buyer's Agent

Ryan Rominger

Trueblood Real Estate License #RB18002043 Listed on: 11/06/2025

Trueblood Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Wood Siding
  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Schools

  • Center For Inquiry School 27 Elementary School
  • Arsenal Technical High School

Additional Features

  • 2-Story Property
  • Fire Pit
  • 2,548 Sq Ft Lot
  • Forced Air Heating System
  • Basement

Community Details

  • Eliz Talbotts Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, insurance
  • The owner pays for ins hazard, lawncare, taxes, trash collection, water
  • Tax Lot 49-06-36-176-196.000-101
  • Assessor Parcel Number 490636176196000101
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1905
  • Lot Size Acres: 0.06
  • Structure Type: Quadruplex
  • Subdivision Name: Eliz Talbotts
  • Transaction Type: Sale
  • Website: https://drive.google.com/drive/folders/1iWoHIB_3tFhffFvZhn39tjL3vd1-KafF?usp=drive_link
  • Conversion: No
  • Multi Rooms: 18
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Levels: Two
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Owner Pays: Ins Hazard, Lawncare, Taxes, Trash Collection, Water
  • Amenities: Fire-pit, large covered front porch

Exterior Features

  • Construction Materials: Brick, Block, Vinyl Siding, Wood Siding
  • Exterior Features: Fire Pit
  • Fencing: Partial, Privacy
  • Road Access: Access Rd

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Heating: Forced Air
  • Solid Waste: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 2548
  • Parcel Number: 490636176196000101
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance

Tax Info

  • Tax Annual Amount: 9794
  • Tax Lot: 49-06-36-176-196.000-101
  • Semi Annual Property Tax Amt: 4897

MLS Schools

  • Elementary School: Center for Inquiry School 27
  • High School: Arsenal Technical High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2025
Closed on
Dec 9, 2025
Sold by
Norris Joshua and Norris Ashley
Bought by
Indy Rental Llc
Seller's Agent
Ryan Rominger
Trueblood Real Estate
Buyer's Agent
Ryan Rominger
Trueblood Real Estate
List Price
$375,000
Sold Price
$375,000
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
216.30%
Original Mortgage
$300,000
Outstanding Balance
$299,712
Interest Rate
6.19%
Mortgage Type
New Conventional
Estimated Equity
$135,844

Purchase Details

Listed on
Oct 4, 2021
Closed on
Nov 16, 2021
Sold by
Williams David Bailey
Bought by
Norris Joshua and Norris Ashley
Seller's Agent
Terry Rankin
CENTURY 21 Scheetz
Buyer's Agent
Tamra Sutton
F.C. Tucker Company
List Price
$430,000
Sold Price
$395,000
Premium/Discount to List
-$35,000
-8.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.27%
Original Mortgage
$296,250
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 30, 2018
Closed on
Nov 9, 2018
Sold by
Jarvis Jointer
Bought by
Bailey Williams David
Seller's Agent
Edwin Watson
Triple E Realty, LLC
Buyer's Agent
Terry Rankin
CENTURY 21 Scheetz
List Price
$300,000
Sold Price
$285,000
Premium/Discount to List
-$15,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.33%
Original Mortgage
$213,750
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 26, 2018
Closed on
Jul 11, 2018
Bought by
Jionter Jarvis
Seller's Agent
Derek Gutting
Keller Williams Indpls Metro N
Buyer's Agent
Candice Darring
F.C. Tucker Company
List Price
$225,000
Sold Price
$170,000
Premium/Discount to List
-$55,000
-24.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
378.62%
Original Mortgage
$127,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 28, 2014
Closed on
Jul 23, 2014
Sold by
C & D Homes Llc
Bought by
Fraser Claudia M
Seller's Agent
Scott Adams
Realty Wealth Advisors
Buyer's Agent
Scott Adams
Realty Wealth Advisors
List Price
$244,900
Sold Price
$238,750
Premium/Discount to List
-$6,150
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.18%

Purchase Details

Closed on
Jan 7, 2008
Sold by
U S Bank National Association
Bought by
C & D Homes Llc

Purchase Details

Closed on
Dec 31, 2006
Sold by
Sisson Andre
Bought by
Us Bank Na

Purchase Details

Closed on
Feb 28, 2005
Sold by
Prater Samuel
Bought by
Sisson Andre
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- First American Title
Warranty Deed -- First American Title
Warranty Deed $395,000 Enterprise Title
Warranty Deed $395,000 Enterprise Title
Deed $285,000 --
Warranty Deed $285,000 Enterprise Title
Deed $285,000 --
Warranty Deed $285,000 Enterprise Title
Deed $170,000 --
Deed $170,000 Chicago Title
Deed $170,000 --
Deed $170,000 Chicago Title
Deed $238,750 First American Title Insuran
Warranty Deed -- None Available
Deed $238,750 First American Title Insuran
Warranty Deed -- None Available
Special Warranty Deed -- Investors Titlecorp
Special Warranty Deed -- Investors Titlecorp
Sheriffs Deed -- None Available
Sheriffs Deed -- None Available
Special Warranty Deed -- None Available
Special Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $296,250 New Conventional
Previous Owner $213,750 New Conventional
Previous Owner $127,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2025 12/11/25 Sold $375,000 0.0% $196 / Sq Ft
11/09/2025 11/09/25 Pending -- -- --
11/06/2025 11/06/25 For Sale $375,000 -5.1% $196 / Sq Ft
11/23/2021 11/23/21 Sold $395,000 -8.1% $207 / Sq Ft View Prior Sale
10/23/2021 10/23/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $430,000 +50.9% $225 / Sq Ft
11/09/2018 11/09/18 Sold $285,000 -5.0% $149 / Sq Ft View Prior Sale
10/11/2018 10/11/18 Pending -- -- --
10/04/2018 10/04/18 For Sale $300,000 0.0% $157 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
08/30/2018 08/30/18 For Sale $300,000 +76.5% $157 / Sq Ft
07/13/2018 07/13/18 Sold $170,000 -15.0% $89 / Sq Ft View Prior Sale
06/07/2018 06/07/18 Pending -- -- --
05/30/2018 05/30/18 Price Changed $200,000 -11.1% $105 / Sq Ft
05/14/2018 05/14/18 For Sale $225,000 0.0% $118 / Sq Ft
04/26/2018 04/26/18 Pending -- -- --
04/26/2018 04/26/18 For Sale $225,000 -5.8% $118 / Sq Ft
07/23/2014 07/23/14 Sold $238,750 -2.5% $187 / Sq Ft View Prior Sale
06/28/2014 06/28/14 Pending -- -- --
06/28/2014 06/28/14 For Sale $244,900 0.0% $192 / Sq Ft
06/28/2013 06/28/13 Rented $600 0.0% --
06/28/2013 06/28/13 Under Contract -- -- --
03/19/2013 03/19/13 For Rent $600 -- --
Source: MIBOR Broker Listing Cooperative®

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 $5,959 $412,700 $24,700 $388,000
2023 $5,959 $247,500 $12,400 $235,100
2022 $4,711 $195,900 $12,400 $183,500
2021 $2,783 $117,400 $11,200 $106,200
2020 $2,792 $117,400 $11,200 $106,200
2019 $2,730 $112,700 $11,200 $101,500
2018 $2,673 $112,700 $11,200 $101,500
2017 $2,387 $108,800 $11,200 $97,600
2016 $2,219 $103,200 $11,200 $92,000
2014 $2,220 $102,700 $11,200 $91,500
2013 $2,308 $102,700 $11,200 $91,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22068379

MIBOR Broker Listing Cooperative®

APN: 49-06-36-176-196.000-101