$130,000
SOLD NOV 14, 2025
8 Beds
5 Baths
-- Sq Ft
4,920 Sq Ft Lot

Recently Sold

13% Below List Price

21 Days on Market

Highlights

  • Mature Trees
  • Corner Lot
  • Central Air

About This Home

As of November 2025

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.

Last Agent to Sell the Property

Jocelyn Deal

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

eXp Realty LLC

Co-Listed By

Samantha Tennessen

eXp Realty LLC

Last Buyer's Agent

Jocelyn Deal

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

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

  • Quadruplex
  • 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
  • Seller Concessions Not Offered

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
  • Special Features: Auction

Interior Features

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

Exterior Features

  • Direction Faces: South
  • Foundation Details: Slab
  • Road Access: Access Rd

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Solid Waste: Yes

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

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
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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 List to Sale Price per Sq Ft
11/14/2025 11/14/25 Sold $130,000 -13.3% --
09/30/2025 09/30/25 Pending -- -- --
09/09/2025 09/09/25 For Sale $150,000 -- --
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

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 $1,986 $70,200 $8,200 $62,000
2023 $1,986 $66,500 $8,100 $58,400
2022 $1,943 $0 $0 $0
2021 $1,817 $67,200 $9,600 $57,600
2020 $1,816 $67,200 $9,600 $57,600
2019 $1,768 $64,200 $9,600 $54,600
2018 $1,800 $64,200 $9,600 $54,600
2017 $1,555 $62,100 $9,600 $52,500
2016 $1,428 $59,100 $9,600 $49,500
2014 $1,433 $57,000 $9,600 $47,400
2013 $1,416 $57,000 $9,600 $47,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22057011

MIBOR Broker Listing Cooperative®