Michelle McClain
Smythe & Co, Inc
(844) 254-3213
51 Total Sales
1 in Near Eastside
$163,000 Price
213 N Gray St Indianapolis, IN 46201
Near Eastside Neighborhood
6
Beds
2.5
Baths
2,856
Sq Ft
5,184
Sq Ft Lot
Highlights
- Living Room with Fireplace
- Wood Flooring
- Formal Dining Room
- Traditional Architecture
- No HOA
- Central Air
About This Home
As of August 2026Investor opportunity with immediate income and strong value-add potential! This side-by-side duplex features two spacious units, each with a private basement. Unit 213 offers 3 bedrooms and 1.5 bathrooms, while Unit 215 includes 3 bedrooms and 1 bathroom. The property also features a covered front porch and a spacious backyard. Conveniently located less than 3 miles from Downtown Indianapolis, the property provides easy access to employment centers, dining, entertainment, and major highways. Both units are tenant-occupied, with one tenant in place since 2022 and the other since 2023, generating a combined monthly rental income of $1,625. Current rents are below market rates, presenting an excellent opportunity for future rental increases and enhanced cash flow. Whether you're looking to expand your portfolio or add a value-add asset, this duplex offers outstanding investment potential.
Last Agent to Sell the Property
Rize Commercial Realty LLC Brokerage Email: karancheemaindy@gmail.com License #RB16001799 Listed on: 07/13/2026
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Home Details
Home Type
- Single Family
Year Built
- Built in 1915
Lot Details
- 5,184 Sq Ft Lot
Home Design
- Traditional Architecture
- Concrete Perimeter Foundation
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Living Room with Fireplace
- 2 Fireplaces
- Formal Dining Room
- Basement
Flooring
- Wood
- Carpet
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 6 Bedrooms
Utilities
- Central Air
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 49-10-05-165-007.000-101
- Assessor Parcel Number 491005165007000101
- Seller Concessions Not Offered
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 5, 2008
Sold by
Us Bank National Association
Bought by
Purchase Details
Closed on
Mar 28, 2008
Sold by
Heacock Richard H and Wells Fargo Bank
Bought by
Us Bank National Association
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Near Eastside, IN
-
Michelle McClain
-
Derrin Phoenix
Derrin Phoenix
Carpenter, REALTORS®
(833) 983-5492
178 Total Sales
2 in Near Eastside
$85K - $115K Price Range
-
Danielle Johnson
Danielle Johnson
Snyder Strategy Realty, Inc
(833) 222-5635
22 Total Sales
1 in Near Eastside
$174,900 Price
-
Timothy Birky
Timothy Birky
F.C. Tucker Company
(317) 886-1885
151 Total Sales
5 in Near Eastside
$130K - $370K Price Range
-
Jess Martin
Jess Martin
Maywright Property Co.
(877) 270-2489
175 Total Sales
17 in Near Eastside
$15K - $410K Price Range
-
Bob Magiera
Bob Magiera
Hoosier Realtors
(930) 966-2273
109 Total Sales
1 in Near Eastside
$200,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | Statewide Title Company Inc | |
| Sheriffs Deed | $27,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $40,000 | Unknown | |
| Previous Owner | $67,500 | New Conventional |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/17/2026 08/17/26 | Sold | $149,000 | -5.1% | $52 / Sq Ft |
| 07/17/2026 07/17/26 | Pending | -- | -- | -- |
| 07/13/2026 07/13/26 | For Sale | $157,000 | -- | $55 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $4,386 | $180,500 | $11,900 | $168,600 |
| 2024 | $3,675 | $165,500 | $11,900 | $153,600 |
| 2023 | $3,675 | $149,100 | $11,900 | $137,200 |
| 2022 | $3,793 | $154,900 | $11,900 | $143,000 |
| 2021 | $2,761 | $113,900 | $11,900 | $102,000 |
| 2020 | $1,497 | $59,000 | $2,200 | $56,800 |
| 2019 | $1,418 | $54,600 | $2,200 | $52,400 |
| 2018 | $1,365 | $52,000 | $2,200 | $49,800 |
| 2017 | $1,207 | $51,000 | $2,200 | $48,800 |
| 2016 | $1,090 | $46,600 | $2,200 | $44,400 |
| 2014 | $865 | $40,000 | $2,200 | $37,800 |
| 2013 | $896 | $43,100 | $2,200 | $40,900 |
Source: Public Records
Agents Affiliated with this Home
-
Karanjod Cheema
Seller's Agent in 2026
Karanjod Cheema
Rize Commercial Realty LLC
(317) 657-9985
1 in this area
5 Total Sales
-
David Price
Buyer's Agent in 2026
David Price
Fathom Realty
(317) 496-8992
37 in this area
88 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22114218
APN: 49-10-05-165-007.000-101
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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