$75,000
PENDING

Estimated payment $474/month

Total Views 6,717
4 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Seize the opportunity to expand your investment portfolio with this promising duplex located on the up-and-coming west side of Indianapolis, near the beautiful Riverside Park. The area is experiencing a surge of investment, making it an ideal time to capitalize on this potential-laden property. Both units in this duplex are gutted down to the studs, offering a blank canvas for your renovation vision. With market rents projected at $2,420 total per month, this property promises a lucrative return once renovations are complete. The addresses are 2127 and 2129 Winfield Ave. The duplex is strategically positioned in a convenient west side location, offering seamless access to essential amenities such as schools, parks, and shopping. Major roads like Lafayette Rd, W 16th St, and highways I-70/65 are easily accessible, ensuring a smooth commute. The area is near significant employment centers including 16 Tech, IU Health Methodist Hospital, and downtown Indianapolis, as well as entertainment and recreational locations like Speedway and Riverside Park. This is a rare chance to acquire a significant real estate portfolio in a rapidly developing area. Invest today in a future of potential growth and development!

Listing Agent

Andy Tresize

Compass Indiana, LLC License #RB14042164 Listed on: 07/16/2025

Compass Indiana, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Fixer Upper
  • Brick Exterior Construction
  • Block Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • 2-Story Property
  • 5,009 Sq Ft Lot
  • Unfinished Basement

Community Details

  • Boulevard Plaza Subdivision

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 490628112048000901

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1950
  • Lot Size Acres: 0.12
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: Boulevard Plaza
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 37500
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Levels: Two
  • Total Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt
  • Construction Materials: Brick
  • Foundation Details: Block
  • List Price: 75000
  • Property Condition: Fixer
  • Road Access: Street Cuts

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Unit Parking: 2 Car Garage

Utilities

  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Lot Size Sq Ft: 5009
  • Parcel Number: 490628112048000901
  • Acres: <1/4 Acre
  • Price Acre: 625000

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2168
  • Tax Lot: 40
  • Semi Annual Property Tax Amt: 1084

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,349 $101,900 $2,200 $99,700
2023 $2,349 $94,000 $2,200 $91,800
2022 $2,285 $94,000 $2,200 $91,800
2021 $467 $15,200 $2,200 $13,000
2020 $427 $13,500 $2,200 $11,300
2019 $422 $13,100 $2,200 $10,900
2018 $382 $11,400 $2,200 $9,200
2017 $357 $11,700 $2,200 $9,500
2016 $1,683 $10,400 $2,200 $8,200
2014 $1,131 $52,300 $2,200 $50,100
2013 $1,245 $54,000 $2,200 $51,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 Pending -- -- --
08/15/2025 08/15/25 For Sale $75,000 0.0% --
08/13/2025 08/13/25 Off Market $75,000 -- --
07/16/2025 07/16/25 For Sale $75,000 -- --
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- --
Quit Claim Deed -- None Available
Quit Claim Deed -- --
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes -- --
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $78,850 New Conventional
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22038104

MIBOR Broker Listing Cooperative®

APN: 49-06-28-112-048.000-901