$115,000
$25K PRICE DROP

Estimated payment $806/month

Total Views 6,346
1 Bed
1 Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • City View
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Traditional Architecture
  • 1-Story Property
  • 3-minute walk to Denver Park

About This Home

Unlock the potential of this affordable duplex located in the heart of Indianapolis, perfect for investors looking to expand their rental portfolio! This property offers TWO units, presenting a fantastic opportunity to generate steady rental income with some TLC. Currently, one side is rented for $700/month, providing immediate cash flow while you renovate the other unit. This fixer-upper is being sold AS-IS, making it an ideal project for those with a vision to restore and enhance its charm. The duplex features a spacious layout with vinyl plank flooring, as seen in the photos, and plenty of natural light streaming through large windows. Each unit offers ample space for customization, with existing cabinetry and countertops in the kitchen areas, ready for your upgrades. The property also includes a detached garage, perfect for additional storage or parking, and a driveway with room for multiple vehicles. Situated in a convenient location, this duplex is close to local amenities, schools, and major highways, making it attractive for tenants seeking urban accessibility. The exterior showcases a classic brick facade with a large lot, offering potential for landscaping improvements or outdoor enhancements. Whether you're a seasoned investor or just starting out, this duplex is a diamond in the rough waiting for your personal touch. Don't miss the chance to add two income-generating units to your portfolio at an unbeatable price! Schedule a showing today and envision the possibilities.

Last Listed By

Kevin Hudoba

Keller Williams Indpls Metro N Brokerage Email: Kevin@HudobaRealEstate.com License #RB16001621 Listed on: 04/02/2025

Keller Williams Indpls Metro N

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,962

Year Built

  • Built in 1930

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Fixer Upper
  • Block Foundation

Interior Spaces

  • 1-Story Property
  • City Views
  • Unfinished Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Additional Features

  • 6,011 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • Rosners Concord Subdivision
  • No Laundry Facilities

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 490633105027000901

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,962

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1930
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: Rosners Concord
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 57500
  • MBR_AttributionContact: Kevin@HudobaRealEstate.com
  • Attribution Contact: Kevin@HudobaRealEstate.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Levels: One
  • Total Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Construction Materials: Wood Brick
  • Direction Faces: South
  • Foundation Details: Block
  • List Price: 115000
  • Property Condition: Fixer
  • View: City
  • View Y N: Yes
  • Waterfront: No
  • Road Access: Frontage Road

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Unit Parking: 2 Car Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Laundry Features: No Laundry Facil.
  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Sidewalks
  • Property Attached Yn: No
  • Additional Parcels: No
  • Current Use: Apt<20
  • Lot Size Sq Ft: 6011
  • Parcel Number: 490633105027000901
  • Acres: <1/4 Acre
  • Price Acre: 821429

Green Features

  • Green Certification Y N: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1962
  • Tax Lot: 3
  • Semi Annual Property Tax Amt: 981
  • Tax Exemption: None

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 $2,100 $89,600 $3,000 $86,600
2023 $2,100 $82,700 $3,000 $79,700
2022 $2,048 $82,700 $3,000 $79,700
2021 $1,412 $55,400 $3,000 $52,400
2020 $919 $49,600 $3,000 $46,600
2019 $1,212 $45,900 $3,000 $42,900
2018 $960 $35,000 $3,000 $32,000
2017 $884 $35,800 $3,000 $32,800
2016 $716 $28,600 $3,000 $25,600
2014 $484 $22,400 $3,000 $19,400
2013 $503 $24,200 $3,000 $21,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2025 05/31/25 Price Changed $115,000 -11.5% --
04/23/2025 04/23/25 Price Changed $129,900 -7.1% --
04/02/2025 04/02/25 For Sale $139,900 +311.5% --
09/14/2018 09/14/18 Sold $34,000 -14.8% $49 / Sq Ft
08/26/2018 08/26/18 Pending -- -- --
08/17/2018 08/17/18 Price Changed $39,900 -88.2% $57 / Sq Ft
08/16/2018 08/16/18 Price Changed $339,500 +750.9% $488 / Sq Ft
08/06/2018 08/06/18 For Sale $39,900 -- $57 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Special Warranty Deed $108,500 Mccollister Adrienne
Warranty Deed $108,500 Mccollister Adrienne
Deed $34,000 --
Warranty Deed $34,000 Chicago Title
Warranty Deed -- Attorney
Special Warranty Deed -- Ctic Smith Valley
Sheriffs Deed $34,781 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $232,125 New Conventional
Previous Owner $96,600 Construction
Previous Owner $25,000 Unknown
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22030267

MIBOR Broker Listing Cooperative®

APN: 49-06-33-105-027.000-901