3165 Station St Indianapolis, IN 46218
Martindale-Brightwood NeighborhoodEstimated payment $785/month
About This Home
Great opportunity to own a unique up-and-down duplex with strong income potential! This unique up-and-down duplex offers two separate living spaces, making it a perfect addition to any rental portfolio. The lower unit features a comfortable 2-bedroom layout with generous living space and great natural light. The upper level offers a studio apartment - ideal for long-term rental, short-term rental, or even house-hacking. Live in one unit and let the other help cover your mortgage - or rent both for strong monthly cash flow. With its versatile layout and income potential, this property is positioned to be a great performer in your portfolio. Schedule your showing today and explore the possibilities!
Listing Agent
Stanifer & Associates Real Est Brokerage Email: butchstanifer@gmail.com License #RB14046750 Listed on: 02/13/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,480
Year Built
- Built in 1930
Lot Details
- 10,454 Sq Ft Lot
- Corner Lot
Home Design
- Duplex
- Traditional Architecture
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Community Details
- C A Greenleafs Sub Subdivision
Listing and Financial Details
- Legal Lot and Block 55x190 / .24
- Assessor Parcel Number 490720116036000101
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,481 | $69,200 | $5,800 | $63,400 |
| 2024 | $1,638 | $62,400 | $5,800 | $56,600 |
| 2023 | $1,638 | $64,000 | $5,800 | $58,200 |
| 2022 | $1,355 | $52,400 | $5,800 | $46,600 |
| 2021 | $1,131 | $44,000 | $5,800 | $38,200 |
| 2020 | $1,295 | $33,600 | $3,400 | $30,200 |
| 2019 | $868 | $32,000 | $3,400 | $28,600 |
| 2018 | $663 | $23,200 | $3,400 | $19,800 |
| 2017 | $644 | $25,200 | $3,400 | $21,800 |
| 2016 | $573 | $22,400 | $3,400 | $19,000 |
| 2014 | $450 | $20,800 | $3,400 | $17,400 |
| 2013 | $306 | $20,800 | $3,400 | $17,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/27/2026 02/27/26 | Pending | -- | -- | -- |
| 02/13/2026 02/13/26 | For Sale | $124,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $35,000 | Monument Title | |
| Warranty Deed | $14,000 | Monument Title Insurance Compa | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $47,383 | Construction | |
| Closed | $47,383 | Commercial | |
| Previous Owner | $30,000 | Commercial |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22083695
APN: 49-07-20-116-036.000-101
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.