$425,000
NEW CONSTRUCTION

Estimated payment $2,262/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • New Construction
  • Traditional Architecture
  • Laundry Room

About This Home

Attention investors and house hackers! Ground has just been broken on this brand-new upper/lower duplex in the highly desirable Bates-Hendricks neighborhood, just south of downtown Indianapolis. Each thoughtfully designed unit will feature an open-concept layout with a spacious living room, dining area, and kitchen, along with three bedrooms, two full baths, and a dedicated laundry room-ideal for today's renters. Located in one of Indy's fastest-growing areas, this property offers strong income potential, with projected rents ranging from $1,800 to $2,200 per month per unit. Estimated completion is set for late September, giving you the opportunity to secure a brand-new, low-maintenance asset before it hits the market. Whether you're looking to expand your investment portfolio or take advantage of a house-hacking opportunity by living in one unit and renting the other, this property checks all the boxes. Enjoy walkable access to the continued growth of Bates-Hendricks and just minutes from the dining, nightlife, and energy of nearby Fountain Square.

Listing Agent

Rob Measel

F.C. Tucker Company Brokerage Email: rob.measel@talktotucker.com License #RB14022044 Listed on: 04/28/2026

F.C. Tucker Company

Co-Listing Agent

Eric Lantz

F.C. Tucker Company Brokerage Email: rob.measel@talktotucker.com License #RB14047220

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $284

Year Built

  • Built in 2026 | New Construction

Lot Details

  • 3,528 Sq Ft Lot

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 2-Story Property
  • Laundry Room

Community Details

  • Hildebrands Subdivision

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 491113104056005101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$284

Year Built

Built in 2026 | New Construction

Lot Details

3,528 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Builder Name: ----------------
  • Property Type: Residential Income
  • New Construction: Yes
  • Tax Year: 2024
  • Year Built: 2026
  • Lot Size Acres: 0.08
  • Structure Type: Duplex
  • Subdivision Name: Hildebrands
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • Multi Rooms: 10
  • Attribution Contact: rob.measel@talktotucker.com
  • Special Features: NewHome

Interior Features

  • Levels: Two

Exterior Features

  • Roof: Asphalt
  • Property Condition: New Construction
  • Construction Stage: Foundation In
  • Road Access: Not Applic

Utilities

  • Laundry Features: Laundry Room
  • Solid Waste: Yes

Lot Info

  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Current Use: Apt<20
  • Lot Size Sq Ft: 3528
  • Parcel Number: 491113104056005101
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 284
  • Tax Lot: 36
  • Semi Annual Property Tax Amt: 142
  • Tax Exemption: None

Map

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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 Prior Sale
04/28/2026 04/28/26 For Sale $425,000 +2733.3% --
02/23/2026 02/23/26 Sold $15,000 -24.6% -- View Prior Sale
02/06/2026 02/06/26 Pending -- -- --
12/19/2025 12/19/25 Price Changed $19,900 -20.1% --
11/18/2025 11/18/25 Price Changed $24,900 -16.7% --
10/17/2025 10/17/25 Price Changed $29,900 -22.3% --
09/16/2025 09/16/25 Price Changed $38,500 -14.3% --
08/14/2025 08/14/25 For Sale $44,900 -- --
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $15,000 Title Clearing & Escrow
Quit Claim Deed -- None Listed On Document
Sheriffs Deed $556,410 None Listed On Document
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $550,000 Commercial
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22098184

MIBOR Broker Listing Cooperative®

APN: 49-11-13-104-056.005-101

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