$169,999

Estimated payment $1,268/month

Total Views 1,623
6 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

INVESTOR SPECIAL*** This 3 Bedroom per unit duplex in Marion County presents a compelling prospect for those with a vision for investment and improvement. This property, while holding significant potential, is an excellent opportunity in a rapidly developing area of Indianapolis. With alley access parking and a prime location near Downtown Indianapolis and major highways. There's an excellent opportunity to reconfigure this duplex by potentially splitting the property in half and having two units, both being two stories. There is also potential to add a half bath in both units and a washer/dryer hook-up. The property includes a porch, a charming feature that enhances the curb appeal and offers a space to relax and enjoy the neighborhood ambiance. This has the potential to be a fantastic rental or perfect for an owner occupying one side and using the other side as a rental once complete! Don't pass on this promising multi-family rental, it's a great addition to your portfolio. Both sides are vacant and ready to be rehabbed.

Listing Agent

Keivan Rahimi

Renaissance Property Management Listed on: 08/21/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Additional Features

  • 2-Story Property
  • 5,184 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Tax Lot 1016371
  • Assessor Parcel Number 490626171008000101

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1910
  • Lot Size Acres: 0.12
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: Yes
  • Price Unit: 85000
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Total Bathrooms: 2
  • Total Bedrooms: 6

Exterior Features

  • List Price: 169999
  • Road Access: Not Applic

Utilities

  • Cooling: None
  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 5184
  • Parcel Number: 490626171008000101
  • Acres: <1/4 Acre
  • Price Acre: 1416658

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4404
  • Tax Lot: 1016371
  • Semi Annual Property Tax Amt: 2202

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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 $4,133 $185,600 $17,800 $167,800
2023 $4,133 $169,200 $17,800 $151,400
2022 $1,322 $65,600 $17,800 $47,800
2021 $882 $33,200 $3,200 $30,000
2020 $888 $33,400 $3,200 $30,200
2019 $887 $32,800 $3,200 $29,600
2018 $787 $28,400 $3,200 $25,200
2017 $661 $26,000 $3,200 $22,800
2016 $618 $24,600 $3,200 $21,400
2014 $469 $52,000 $3,200 $48,800
2013 $454 $21,000 $3,200 $17,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 For Sale $169,999 +47.8% --
08/05/2025 08/05/25 Sold $115,005 +15.1% $51 / Sq Ft
07/20/2025 07/20/25 Pending -- -- --
07/09/2025 07/09/25 For Sale $99,900 -- $44 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $115,005 None Listed On Document
Sheriffs Deed $165,000 None Listed On Document
Warranty Deed -- Schmitz David A
Warranty Deed $180,000 Schmitz David A
Quit Claim Deed -- None Available
Special Warranty Deed -- None Available
Sheriffs Deed $19,800 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $153,000 New Conventional
Previous Owner $153,000 New Conventional
Previous Owner $84,750 Adjustable Rate Mortgage/ARM
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22056107

MIBOR Broker Listing Cooperative®

APN: 49-06-26-171-008.000-101