$333,000
SOLD JUL 31, 2023
-- Bed
-- Bath
672 Sq Ft
4,008 Sq Ft Lot

Recently Sold

$496 Per Sq Ft

2% Above List Price

3 Days on Market

About This Home

As of July 2023

Near Eastside, downtown duplex! 2bed 2bath per side; Perfect for you to live on 1 side & generate income from a tenant on the other or place 2 tenants for cash flow. Recent improvements include new roof, pex plumbing, subfloor, LVP flooring, carpet, paint, down 2 studs remodeled kitchens & tiled baths, light fixtures, mini-split a/c units. This property comes move in ready w new stainless steel appliances and washer / dryer sets. New gravel parking lot for multiple cars. Appreciation opportunity with a new home being built directly behind you! Walk to Neidhammer Coffee Co. Conveniently commute in & out of downtown on Washington St. Just north of New Twin Aire Development. 7 min drive to Mass Ave & Ft Square fun!

Last Agent to Sell the Property

Tyler Willis

@properties Brokerage Email: twillis@atpropertiesind.com License #RB21000475 Listed on: 07/06/2023

@properties

Last Buyer's Agent

Lorie Blythe

The Stewart Home Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $974

Year Built

  • Built in 1927

Home Design

  • Duplex

Additional Features

  • 1-Story Property
  • 4,008 Sq Ft Lot
  • Basement

Community Details

  • State Plaza Subdivision

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 491006159063000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$974

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 1927
  • Lot Size Acres: 0.09
  • Subdivision Name: State Plaza
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: twillis@atpropertiesind.com
  • Attribution Contact: twillis@atpropertiesind.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One

Exterior Features

  • List Price: 325000
  • Road Access: Not Applic

Utilities

  • Solid Waste: No

Fee Information

  • Expenses: 0

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 4008
  • Parcel Number: 491006159063000101
  • Zoning: Multi
  • Acres: <1/4 Acre
  • Price Acre: 3700000

Green Features

  • Green Certification Y N: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 974
  • Tax Lot: 101
  • Semi Annual Property Tax Amt: 487

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Jul 31, 2023
Sold by
Infinite Routes Llc
Bought by
Ellis William B
Seller's Agent
Tyler Willis
@properties
Buyer's Agent
Lorie Blythe
The Stewart Home Group
List Price
$325,000
Sold Price
$333,000
Premium/Discount to List
$8,000
2.46%
Views
152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.56%
Original Mortgage
$283,050
Outstanding Balance
$277,274
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
-$44,607

Purchase Details

Closed on
Sep 5, 2022
Sold by
Hoosier Flippers Llc
Bought by
Infinite Routes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
5.22%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 5, 2022
Sold by
Vernon Allen
Bought by
Sampson John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
5.22%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 30, 2015
Sold by
Stevens Mark A
Bought by
Andrews Vernon R

Purchase Details

Closed on
Jan 18, 2011
Sold by
Stevens Mark A
Bought by
Andrews Vernon R

Purchase Details

Closed on
Oct 13, 2006
Sold by
Stevenson Kenneth W
Bought by
Stevens Mark A and Stevens Kenneth S

Purchase Details

Closed on
Oct 3, 2005
Sold by
Juan Sonia
Bought by
Jp Morgan Chase Bank

Purchase Details

Closed on
Jan 9, 2005
Sold by
Jp Morgan Chase Bank
Bought by
Stevenson Kenneth W
Source: Public Records

Similar Homes in Indianapolis, IN

  • 552 Jefferson Ave, Indianapolis, IN 46201

    $290,000

    • 4 Beds
    • 3 Baths
    • 552 Jefferson Ave
    • Indianapolis, IN

    Turnkey Duplex Near Downtown Indianapolis - Newly Remodeled & Fully Occupied Excellent investment opportunity just minutes from downtown Indianapolis! This fully remodeled duplex offers modern updates and strong rental income. Renovated in 2019, the property features a brand-new roof, updated mechanicals, and stylish interior finishes throughout both units. Unit 1: Spacious 3 bedrooms, 2

    Jessica Green CityPlace Realty

    Section Image
  • 2527 E 10th St, Indianapolis, IN 46201

    $317,000

    • 4 Beds
    • 4 Baths
    • 2527 E 10th St
    • Indianapolis, IN

    It's time to take advantage of this excellent invest and hold property! The location is perfect for enjoying nearby restaurants, shopping, and cultural activities. It's just 1.5 miles to Bottleworks, 1 mile to the Factory Arts District, and under a mile to Kan Kan. This area is experiencing growth, and the pricing is still in the early stages, all while tenants cover your mortgage. The duplex is

    Debra Wilson Keller Williams Indpls Metro N

    Section Image
  • 321 E 31st St, Indianapolis, IN 46205

    $330,000

    • 6 Beds
    • 321 E 31st St
    • Indianapolis, IN

    Located in the Mapleton Neighborhood! Welcome to your dream duplex! This beautifully maintained turnkey Duplex property is the perfect property for an investment. From the moment you walk in, you'll be impressed by the thoughtful design, fresh finishes, and immaculate condition-there's nothing to do but move in and start living!

    Timothy O'Connor Berkshire Hathaway Home

    Section Image
  • 38 Hendricks Place, Indianapolis, IN 46201

    $350,000

    • 4 Beds
    • 4 Baths
    • 38 Hendricks Place
    • Indianapolis, IN

    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

    Lorie Blythe The Stewart Home Group

    Section Image
  • 1808 E Washington St, Indianapolis, IN 46201

    $250,000

    • 3 Beds
    • 3 Baths
    • 1808 E Washington St
    • Indianapolis, IN

    SELLER FINANCING AVAILABLE! Urban Duplex with Investment Potential!! Located close to downtown and bus lines, this duplex offers both residential rental investment and commercial opportunity. Zoned C3 Neighborhood Commercial District, it's positioned on busy Washington Street, attracting thousands of passing cars daily. Livable and generating rental income, it offers great potential for updates.

    Martha Hernandez eXp Realty, LLC

    Section Image
  • 238 N Beville Ave, Indianapolis, IN 46201

    $270,000

    • 2 Beds
    • 1 Bath
    • 238 N Beville Ave
    • Indianapolis, IN

    Attention investors and house hackers! This Tenant-occupied duplex could make a great investment property or future personal residence! Located on Indy's east side, just blocks from Neidhammer Coffee Co and Willard Park. Only 10 minutes to the heart of downtown. List price includes both sides of the duplex as well as a garage structure along the alley.

    Chanda Johnson Maywright Property Co.

    Section Image
  • 311 Eastern Ave, Indianapolis, IN 46201

    $250,000

    • 4 Beds
    • 2 Baths
    • 311 Eastern Ave
    • Indianapolis, IN

    SELLER FINANCING available on this turnkey duplex! Desired terms: 6% interest, 5 year balloon, down payment of $130,000. Monthly payments with buyer to pay taxes/insurance separately. Open to lower rate with higher purchase price, and vice versa. Duplex was completely renovated inside & out in 2022! 313 side is leased for $950 on a month to month lease with 60 days notice to vacate. 311 side is

    Emily Huskey Keller Williams Indy Metro S

    Section Image
  • 2623 E Michigan St, Indianapolis, IN 46201

    $249,000

    • 4 Beds
    • 4 Baths
    • 2623 E Michigan St
    • Indianapolis, IN

    Attention all investors! Located in one of Indy's most up-and-coming corridors, 2623 East Michigan Street is surrounded by revitalization, new development, and long-term growth potential. This quadplex, featuring four 1 bed / 1 bath units, sits in a prime location that makes it a standout opportunity for strategic investors. The property is zoned for multifamily use, with special zoning that

    Jacob Deacon eXp Realty, LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Price Changed $350,000 -2.8% --
06/29/2025 06/29/25 Price Changed $360,000 -2.7% --
06/26/2025 06/26/25 Price Changed $370,000 -2.6% --
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®

Tax History Compared to Growth

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 $2,349 $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

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21930776

MIBOR Broker Listing Cooperative®

APN: 49-10-06-159-063.000-101