$700,000
SOLD AUG 27, 2026
8 Beds
-- Baths
-- Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: August 27, 2026

5% Below List Price

35 Days on Market

Highlights

  • Under Construction
  • Forced Air Heating and Cooling System
  • Wood Siding
  • Traditional Architecture

About This Home

As of August 2026

Purpose-built multifamily 4-plex in the heart of the Monon Yard neighborhood. Currently under construction, this brand new building is engineered for investors or house-hackers: maximizing rental performance while virtually eliminating the "CapEx" headaches of older conversions. Buyers can expect reduced operating costs, minimal maintenance, and strong demand from tenants seeking modern living near one of Indy's most active redevelopment corridors. Each of the four units features a spacious layout designed for function and style With "new everything", from high-efficiency HVAC systems to modern finishes, stainless appliances and in unit laundry. The expected completion date is mid to late June 2026. This development features one upgraded unit that could serve as an owner's suite OR mid-term rental. A side door has been added for an optional outdoor deck. It also features an upgraded trim package. Photos are from a recently completed unit. Location Highlights: * Close proximity to the Monon Trail * Easy access to Downtown Indianapolis, Broad Ripple, and major employment centers * Surrounded by continued investment and new residential development * Walkable and bike-friendly area with improving amenities. This is a rare chance to acquire a brand-new four-unit building. Ideal for investors seeking stable long-term returns, low vacancy potential, and a property positioned for strong appreciation.

Last Agent to Sell the Property

Dan McNeal

@properties Brokerage Email: dan@atpropertiesind.com License #RB19000327 Listed on: 03/27/2026

@properties

Last Buyer's Agent

Cameron Mason

Keller Williams Indpls Metro N License #RB19000178

Keller Williams Indpls Metro N
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $380

Year Built

  • Built in 2026 | Under Construction

Home Design

  • Quadruplex
  • Traditional Architecture
  • Block Foundation
  • Wood Siding

Interior Spaces

  • 8 Bedrooms
  • 2-Story Property
  • Washer and Dryer Hookup

Additional Features

  • 7,405 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Hadleys Grandview Subdivision

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 490625162013000101
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$380

Year Built

Built in 2026 | Under Construction

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Sub Type: Quadruplex
  • Architectural Style: Traditional
  • Builder Name: Arcadia 1 Dev.
  • Property Type: Residential Income
  • New Construction: Yes
  • Tax Year: 2024
  • Year Built: 2026
  • Lot Size Acres: 0.17
  • Structure Type: Quadruplex
  • Subdivision Name: Hadleys Grandview
  • Transaction Type: Sale
  • Conversion: No
  • Attribution Contact: dan@atpropertiesind.com
  • Special Features: NewHome

Interior Features

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

Exterior Features

  • Roof: Asphalt
  • Construction Materials: Wood Siding
  • Foundation Details: Block
  • Property Condition: Under Construction
  • Construction Stage: Foundation In,Framed,Under Roof
  • Road Access: Not Applic

Garage/Parking

  • Unit Parking: Unpaved

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Connections All
  • Solid Waste: No

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 7405
  • Parcel Number: 490625162013000101
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 380
  • Tax Lot: 29
  • Semi Annual Property Tax Amt: 190

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
Dec 11, 2025
Sold by
Historic Grandview Llc
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,825
Outstanding Balance
$151,692
Interest Rate
6.22%
Mortgage Type
Construction
Estimated Equity
-$46,692

Purchase Details

Closed on
Jan 26, 2007
Sold by
Mcquiston Monte
Bought by
Historic Grandview Llc

Purchase Details

Closed on
Jan 10, 2007
Sold by
Walker Lorenzo
Bought by
Mcquistonof Monte
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
08/27/2026 08/27/26 Sold $700,000 -5.3% --
05/01/2026 05/01/26 Pending -- -- --
03/27/2026 03/27/26 For Sale $739,000 -- --
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 $376 $16,000 $16,000
2024 $444 $16,000 $16,000
2023 $444 $16,000 $16,000 $0
2022 $83 $16,000 $16,000 $0
2021 $89 $3,000 $3,000 $0
2020 $89 $3,000 $3,000 $0
2019 $90 $3,000 $3,000 $0
2018 $93 $3,000 $3,000 $0
2017 $83 $3,000 $3,000 $0
2016 $78 $3,000 $3,000 $0
2014 $65 $3,000 $3,000 $0
2013 $67 $3,000 $3,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22091622

MIBOR Broker Listing Cooperative®

APN: 49-06-25-162-013.000-101

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