$150,000

Estimated payment $943/month

Total Views 692
8 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Mature Trees
  • Corner Lot
  • Central Air

About This Home

This property is in an auction, being sold as-is and where-is. Visit Auction dot com for all details and to place a bid. Excellent investment opportunity in the sought-after Fountain Square area! This two-story quadplex features four separate units: a 3-bedroom, 1-bath, two 2-bedroom units (one with 2 baths), and a 1-bedroom, 1-bath, each with its own living room and kitchen. Just minutes from downtown Fountain Square, residents will enjoy easy access to local shopping, dining, and entertainment, along with quick interstate connections. Whether you choose to occupy one unit while generating rental income from the others or lease all four for maximum returns, this property offers strong potential. Being sold as-is with one unit currently occupied by squatters, it requires renovation but presents a great opportunity for significant cash flow in one of Indianapolis's most desirable neighborhoods.

Listing Agent

Jocelyn Deal

eXp Realty LLC License #RB18000459 Listed on: 09/09/2025

eXp Realty LLC

Co-Listing Agent

Samantha Tennessen

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 4,920 Sq Ft Lot
  • Corner Lot
  • Mature Trees

Parking

  • 1 Car Garage

Home Design

  • Slab Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Schools

  • William Mckinley School 39 Elementary School
  • Hw Longfellow Med/Stem Magnet Midl Middle School
  • Arsenal Technical High School

Additional Features

  • 2-Story Property
  • City Lot
  • Central Air

Community Details

  • E L Atkinsons Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 491007136011002101

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1921
  • Co List Office Phone: 888-611-3912
  • Lot Size Acres: 0.113
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: E L Atkinsons
  • Transaction Type: Sale
  • Website: https://www.auction.com/details/2102-prospect-indianapolis-in-1838369
  • Conversion: No
  • Price Unit: 37500
  • Special Features: Auction

Interior Features

  • Basement: No
  • Levels: Two
  • Total Bathrooms: 5
  • Total Bedrooms: 8

Exterior Features

  • Direction Faces: South
  • Foundation Details: Slab
  • List Price: 150000
  • Road Access: Access Rd

Garage/Parking

  • Garage Spaces: 1
  • Unit Parking: 1 Car Garage

Utilities

  • Cooling: Central Air
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Schools

  • Middle Or Junior School: HW Longfellow Med/STEM Magnet Midl

Lot Info

  • Lot Features: Access, City Lot, Corner Lot, Curbs, Not In Subdivision, Sidewalks, Storm Sewer, Street Lights, Mature Trees
  • Current Use: Vacant
  • Lot Size Sq Ft: 4920
  • Parcel Number: 491007136011002101
  • Acres: <1/4 Acre
  • Price Acre: 1327434

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5154.18
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 2577.09
  • Tax Exemption: None

MLS Schools

  • Elementary School: William McKinley School 39
  • High School: Arsenal Technical High School

Map

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 For Sale $150,000 -- --
Source: MIBOR Broker Listing Cooperative®

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22057011

MIBOR Broker Listing Cooperative®