38 Hendricks Place Indianapolis, IN 46201
Near Eastside NeighborhoodEstimated payment $2,254/month
Total Views
107
4
Beds
4
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- Home Security System
- Smart Lights or Controls
- 2-minute walk to Willard Park
- Smart Locks
About This Home
Great Investment Opportunity Near Eastside Downtown Indianapolis! Don't miss this fantastic duplex just minutes from downtown. Each side features 2 bedrooms and 2 bathrooms making it ideal for an owner-occupant looking to live in one unit and rent the other, or for an investor seeking strong cash flow with dual rental income. One side is currently tenant-occupied, generating $1,500 per month in rent, providing immediate income potential. The property also includes smart home features, including a smart TV, smart lighting and smart door locks, and more adding modern convenience and appeal for both tenants and owners. Recent updates include a newer roof (3 years old), updated plumbing, updated electrical, updated paint, flooring, light fixtures and a covered carport with a roll-up garage door for secure off-street parking. Conveniently located near downtown Indianapolis with easy access to major interstates, this property offers a perfect blend of location, updates, and investment potential. Whether you're house hunting or expanding your rental portfolio, this is a must-see opportunity!
Last Listed By
The Stewart Home Group Brokerage Email: lorie@thestewarthomegroup.com License #RB18001966 Listed on: 06/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,446
Year Built
- Built in 1927 | Remodeled
Home Design
- Duplex
- Block Foundation
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Finished Basement
- Laundry in Basement
- Basement Window Egress
Home Security
- Home Security System
- Smart Lights or Controls
- Smart Locks
Parking
- Carport
- Alley Access
- On-Street Parking
Additional Features
- 2-Story Property
- 4,008 Sq Ft Lot
Community Details
- State Plaza Subdivision
Listing and Financial Details
- The owner pays for water
- Tax Lot 491006159063000101
- Assessor Parcel Number 491006159063000101
Map
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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 |
|---|---|---|---|---|
| 2024 | $2,349 | $102,800 | $15,000 | $87,800 |
| 2023 | $2,349 | $94,000 | $15,000 | $79,000 |
| 2022 | $1,564 | $126,400 | $15,000 | $111,400 |
| 2021 | $1,090 | $96,500 | $15,000 | $81,500 |
| 2020 | $830 | $83,000 | $2,200 | $80,800 |
| 2019 | $616 | $65,800 | $2,200 | $63,600 |
| 2018 | $638 | $64,400 | $2,200 | $62,200 |
| 2017 | $534 | $61,500 | $2,200 | $59,300 |
| 2016 | $473 | $55,900 | $2,200 | $53,700 |
| 2014 | $1,075 | $52,300 | $2,200 | $50,100 |
| 2013 | $1,075 | $52,300 | $2,200 | $50,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2025 06/01/25 | For Sale | $380,000 | +14.1% | -- |
| 07/31/2023 07/31/23 | Sold | $333,000 | +2.5% | $496 / Sq Ft |
| 07/10/2023 07/10/23 | Pending | -- | -- | -- |
| 07/06/2023 07/06/23 | For Sale | $325,000 | -- | $484 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Quality Title | |
| Warranty Deed | $99,000 | Eagle Land Title | |
| Warranty Deed | $99,000 | Eagle Land Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Land Contract | $20,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Sheriffs Deed | $21,000 | None Available | |
| Special Warranty Deed | -- | Investors Titlecorp |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $283,050 | New Conventional | |
| Previous Owner | $240,000 | New Conventional | |
| Previous Owner | $115,500 | Construction | |
| Closed | $0 | Seller Take Back |
Source: Public Records
Similar Homes in Indianapolis, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22042240
APN: 49-10-06-159-063.000-101
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