$850,000

Estimated payment $4,491/month

Total Views 3,062
3 Beds
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Proposed New Construction 4-Unit Townhome (Step-Down) | 3033 Sutherland Ave, Indianapolis New 4-plex in a prime Midtown corridor. Each unit offers approximately 1,500 square feet with 3 bedrooms, 2.5 baths, and an open kitchen/dining/living plan. Projected rent of approximately $1,800 per unit makes this an ideal opportunity for owner-occupants or savvy house hackers. Built by Paradigm Construction & Development, a local grassroots builder focused on quality and community. Just minutes from the $4 billion IU Health Downtown Hospital, slated for completion in December 2027, and close to the Monon 30, Monon Trail, Fall Creek Greenway, and Midtown dining.

Listing Agent

Zachary Douglas

Canull Group LLC License #RB25001624 Listed on: 11/04/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $440

Year Built

  • New Construction

Home Design

  • Quadruplex

Additional Features

  • 3 Bedrooms
  • 6,888 Sq Ft Lot

Community Details

  • G S Wrights 1St North Subdivision

Listing and Financial Details

  • Tax Lot 1037966
  • Assessor Parcel Number 490624169005000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$440

Year Built

New Construction

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Builder Name: Paradigm Constr.
  • Property Type: Residential Income
  • New Construction: Yes
  • Tax Year: 2024
  • Year Built: 2026
  • Lot Size Acres: 0.16
  • Subdivision Name: G S Wrights 1st North
  • Transaction Type: Sale
  • Website: www.buildwithparadigm.com/investments
  • Conversion: No
  • Special Features: NewHome

Interior Features

  • Total Bedrooms: 3

Exterior Features

  • Construction Stage: Proposed
  • Road Access: Frontage Road

Utilities

  • Solid Waste: No

Lot Info

  • Current Use: See Remarks
  • Lot Size Sq Ft: 6888
  • Parcel Number: 490624169005000101
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 440
  • Tax Lot: 1037966
  • Semi Annual Property Tax Amt: 220

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $438 $15,800 $15,800 --
2023 $438 $15,800 $15,800 $0
2022 $439 $15,800 $15,800 $0
2021 $409 $13,800 $13,800 $0
2020 $409 $13,800 $13,800 $0
2019 $416 $13,800 $13,800 $0
2018 $429 $13,800 $13,800 $0
2017 $746 $13,800 $13,800 $0
2016 $1,107 $13,800 $13,800 $0
2014 $403 $13,800 $13,800 $0
2013 $408 $13,800 $13,800 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2025 11/04/25 For Sale $850,000 +2781.4% --
01/19/2022 01/19/22 Sold $29,500 -15.7% -- View Prior Sale
12/16/2021 12/16/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $35,000 +40.0% --
02/05/2021 02/05/21 Sold $25,000 -7.4% -- View Prior Sale
12/18/2020 12/18/20 Pending -- -- --
12/16/2020 12/16/20 For Sale $27,000 -- --
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Hall Render Killian Heath & Ly
Warranty Deed $59,000 Hall Render Killian Heath & Ly
Deed -- None Listed On Document
Warranty Deed $25,000 None Available
Deed $400 --
Quit Claim Deed $350 --
Sheriffs Deed $1,101 --
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22071773

MIBOR Broker Listing Cooperative®

APN: 49-06-24-169-005.000-101