$191,900
SOLD FEB 23, 2026
4 Beds
2 Baths
841 Sq Ft
10,890 Sq Ft Lot

Recently Sold

$228 Per Sq Ft

9% Below List Price

36 Days on Market

About This Home

As of February 2026

Prime Turnkey Investment: Brick Duplex with Immediate Cash Flow in High-Growth Indianapolis! Capitalize on one of the Midwest's most resilient rental hubs with this excellently maintained brick duplex in the heart of Indianapolis. Recognized as a "Top 10" housing hotspot for late 2025 by both Zillow and the National Association of Realtors, Indianapolis continues to outperform national averages in job growth and rental demand. This property offers a rare combination of immediate income stability and significant value-add potential in a market where 2-bedroom rental rates have seen steady annual increases. Each side of this mirror-image duplex offers nearly 850 sq. ft. of clean, contemporary living space optimized for long-term tenant appeal. A welcoming, quaint living room greets you upon entry, featuring modern Luxury Vinyl Plank (LVP) flooring and a fresh, neutral paint palette designed for durability and style. The functional kitchens are equipped with ample cabinetry and generous counter space, perfectly suited for all culinary needs. Each unit provides two spacious bedrooms and a full bathroom featuring a classic tub/shower combination. Private laundry areas in each unit enhance resident retention. Comfort is maintained year-round with individual central AC systems. A utility shed for each unit offers valuable additional storage for both residents. Unit 2603 is securely leased through April 2027 at $975 per month, providing predictable, long-term cash flow from day one. Unit 2601 is currently vacant and move-in ready. Utilities are separately metered. Located in a thriving metro area driven by diverse sectors including healthcare, logistics, and technology, this property benefits from proximity to major 2025 employers like Eli Lilly, Salesforce, and IU Health. Don't miss the opportunity to add this high-performing asset to your portfolio in a top-ranked 2025 investment market. Schedule your private showing today!

Last Agent to Sell the Property

Rosie Berzenye

T&H Realty Services, Inc. Brokerage Email: rosie@threaltyinc.com License #RB21000043 Listed on: 12/17/2025

T&H Realty Services, Inc.

Last Buyer's Agent

Kristina Swatts

T&H Realty Services, Inc. License #RB14033815

T&H Realty Services, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,492

Year Built

  • Built in 1964

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Washer and Dryer Hookup
  • Crawl Space
  • 0.25 Acre Lot

Community Details

  • Mechanics Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, insurance
  • Tax Lot 17
  • Assessor Parcel Number 491020131042000101
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,492

Year Built

Built in 1964

Lot Details

0.25 Acres

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1964
  • Lot Size Acres: 0.25
  • Structure Type: Duplex
  • Subdivision Name: Mechanics
  • Transaction Type: Sale
  • Website: threaltyinc.com
  • Conversion: No
  • Attribution Contact: rosie@threaltyinc.com
  • Special Features: None

Interior Features

  • Basement: No
  • Levels: One
  • Total Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Crawl Space
  • Road Access: Not Applic

Garage/Parking

  • Unit Parking: On Street

Utilities

  • Laundry Features: Connections All
  • Solid Waste: No

Lot Info

  • Lot Features: Access
  • Property Attached Yn: No
  • Current Use: Residential
  • Lot Size Sq Ft: 10890
  • Parcel Number: 491020131042000101
  • Acres: 1/4-1/2 Acre

Rental Info

  • Tenant Pays: All Utilities, Insurance

Tax Info

  • Tax Annual Amount: 2492
  • Tax Lot: 17
  • Semi Annual Property Tax Amt: 1246
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 4, 2023
Sold by
Carrington Jessica Rae
Bought by
Abc Property Investments Llc

Purchase Details

Closed on
Jun 30, 2023
Sold by
Carrington Jessica Rae
Bought by
Abc Property Investments Llc

Purchase Details

Listed on
Nov 19, 2019
Closed on
Dec 31, 2019
Sold by
Parc 7 Llc
Bought by
Carrington Jessica Ra
Seller's Agent
Brian Campbell
BFC Realty Group
Buyer's Agent
Brian Campbell
BFC Realty Group
List Price
$675
Sold Price
$595
Premium/Discount to List
-$80
-11.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
157.30%
Original Mortgage
$75,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2019
Closed on
Jul 11, 2019
Sold by
Bank Of Newyork Mellon
Bought by
Parc 7 Llc
Seller's Agent
Scott Wynkoop
Wynkoop Brokerage Firm, LLC
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$60,600
Sold Price
$43,000
Premium/Discount to List
-$17,600
-29.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-99.99%

Purchase Details

Closed on
May 17, 2019
Sold by
Marion County Sheriff
Bought by
Bank Of New York Mellon and Bank Of New York

Purchase Details

Closed on
Mar 31, 2005
Sold by
Allens Enterprises Inc
Bought by
Bryant Virgil D and Bryant Sandra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,600
Interest Rate
5.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2004
Sold by
Allens Enterprises Inc
Bought by
Bryant Virgil and Bryant Sandra
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Available
Special Warranty Deed $45,500 Enterprise Title
Sheriffs Deed -- None Available
Warranty Deed -- None Available
Legal Action Court Order $51,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $75,000 New Conventional
Previous Owner $49,600 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2026 02/23/26 Sold $191,900 -8.6% $228 / Sq Ft
01/22/2026 01/22/26 Pending -- -- --
01/07/2026 01/07/26 For Sale $209,900 0.0% $250 / Sq Ft
12/22/2025 12/22/25 Pending -- -- --
12/17/2025 12/17/25 For Sale $209,900 +35177.3% $250 / Sq Ft
01/17/2020 01/17/20 Sold $595 0.0% $1 / Sq Ft View Prior Sale
12/01/2019 12/01/19 Price Changed $595 -11.9% $1 / Sq Ft
11/19/2019 11/19/19 For Sale $675 -98.4% $1 / Sq Ft
07/29/2019 07/29/19 Sold $43,000 -29.0% $51 / Sq Ft View Prior Sale
07/28/2019 07/28/19 Pending -- -- --
06/07/2019 06/07/19 For Sale $60,600 -- $72 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $2,492 $143,600 $12,400 $131,200
2024 $2,425 $105,000 $12,400 $92,600
2023 $2,425 $105,000 $12,400 $92,600
2022 $2,493 $100,600 $12,400 $88,200
2021 $2,123 $87,000 $12,400 $74,600
2020 $1,967 $80,000 $12,400 $67,600
2019 $1,708 $67,600 $5,400 $62,200
2018 $1,631 $63,800 $5,400 $58,400
2017 $1,366 $59,200 $5,400 $53,800
2016 $1,271 $56,000 $5,400 $50,600
2014 $1,384 $64,000 $5,400 $58,600
2013 $1,331 $64,000 $5,400 $58,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22077189

MIBOR Broker Listing Cooperative®

APN: 49-10-20-131-042.000-101

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