Jeffrey Mitchell
Wise Choice Real Estate LLC
(888) 307-3804
91 Total Sales
1 in Stringtown
$160,000 Price
38 N Elder Ave Indianapolis, IN 46222
Stringtown NeighborhoodEstimated Value: $222,000 - $237,000
2
Beds
2
Baths
630
Sq Ft
$364/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Heating System Uses Natural Gas
- 2-minute walk to Indianola Park
- 1-Story Property
About This Home
As of May 2025Charming Duplex with Airbnb Income Near Downtown Indy Located just minutes from downtown Indianapolis and Indianola Park, this well-maintained duplex on North Elder Avenue is a standout investment opportunity. Both 2-bedroom, 1-bathroom units are currently rented as successful Airbnb listings, providing steady short-term rental income. Each 810 sq. ft. unit features an inviting front porch, classic vinyl siding, and a landscaped yard. Inside, enjoy an open-concept layout with abundant natural light, laminate flooring, a functional kitchen, dedicated dining area, and spacious bedrooms with ample closet space. Unit 1 includes access to a partial basement, while Unit 2 is equipped with its own washer and dryer. Efficient heating and cooling systems ensure year-round comfort. An excellent opportunity in a convenient location-schedule your showing today!
Last Agent to Sell the Property
R. P. Lux Company Brokerage Email: sflanagan@rplux.com License #RB16001253 Listed on: 04/10/2025
Last Buyer's Agent
Stephen Ferguson
Highgarden Real Estate
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,598
Year Built
- Built in 1890
Lot Details
- 6,970
Parking
- Alley Access
Home Design
- Duplex
- Traditional Architecture
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Partial Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Additional Features
- 6,970 Sq Ft Lot
- Heating System Uses Natural Gas
Community Details
- Mileys Subdivision
Listing and Financial Details
- Tax Lot 43
- Assessor Parcel Number 491103142009000101
- Seller Concessions Not Offered
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2025
Closed on
May 20, 2025
Sold by
Ck Rents Llc
Bought by
Seller's Agent
Steve Flanagan
R. P. Lux Company
Buyer's Agent
Stephen Ferguson
Highgarden Real Estate
List Price
$260,000
Sold Price
$260,000
Views
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,500
Avg. Annual Appreciation
-9.29%
Original Mortgage
$189,000
Outstanding Balance
$180,251
Interest Rate
5.94%
Mortgage Type
New Conventional
Estimated Equity
$49,249
Purchase Details
Closed on
Jul 19, 2022
Sold by
Urquhart Group Llc
Bought by
Ck Rents Llc
Purchase Details
Closed on
Jun 9, 2020
Sold by
Urquhart Kenne and Urquhart Latrice C
Bought by
Urquhart Group Llc
Purchase Details
Listed on
May 11, 2018
Closed on
Jun 19, 2018
Sold by
38Nelder Llc
Bought by
Urquhart Keene and Urquhart Latrice
Seller's Agent
Chastity Nolan
Dropped Members
Buyer's Agent
Chastity Nolan
RE/MAX At The Crossing
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.63%
Original Mortgage
$48,750
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 11, 2017
Closed on
Nov 27, 2017
Sold by
Price Brian J
Bought by
38Nelder Llc
Seller's Agent
Brenda Outcalt
Carpenter, REALTORS®
Buyer's Agent
Chastity Nolan
RE/MAX At The Crossing
List Price
$29,900
Sold Price
$20,000
Premium/Discount to List
-$9,900
-33.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
690.75%
Purchase Details
Closed on
Apr 9, 2015
Sold by
Price James E and Price Patricia Ann
Bought by
Price Brian J
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Stringtown, IN
-
Jeffrey Mitchell
-
Chassidy King
Chassidy King
King's Landing Real Estate
(844) 972-2535
23 Total Sales
1 in Stringtown
$85,000 Price
-
Lori Davis Smith
Lori Davis Smith
Highgarden Real Estate
(833) 341-7685
135 Total Sales
1 in Stringtown
$110,000 Price
-
Eric Forney
Eric Forney
Keller Williams Indy Metro Partners
(463) 215-6116
1,009 Total Sales
1 in Stringtown
$70,000 Price
-
Brian Wignall
Brian Wignall
F.C. Tucker Company
(877) 506-2672
342 Total Sales
1 in Stringtown
$260,000 Price
-
Nathaniel Cromlich
Nathaniel Cromlich
CENTURY 21 Scheetz
(463) 234-9783
53 Total Sales
1 in Stringtown
$216,100 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| Ck Rents Llc | -- | Mccollister Adrienne | |
| Urquhart Group Llc | -- | None Available | |
| Urquhart Keene | $54,000 | Stewart Title | |
| Keene Urquhart | $54,000 | -- | |
| 38Nelder Llc | $20,000 | -- | |
| Said Aliyev Member | $20,000 | -- | |
| Price Brian J | -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $189,000 | ||
| Closed | Achufusi Ann | $189,000 | |
| Previous Owner | Ck Rents Llc | $163,500 | |
| Previous Owner | Urquhart Keene | $48,750 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/23/2025 05/23/25 | Sold | $260,000 | 0.0% | $413 / Sq Ft | |
| 04/17/2025 04/17/25 | Pending | -- | -- | -- | |
| 04/10/2025 04/10/25 | For Sale | $260,000 | +300.0% | $413 / Sq Ft | |
| 06/25/2018 06/25/18 | Sold | $65,000 | -7.0% | $103 / Sq Ft | View Prior Sale |
| 05/23/2018 05/23/18 | Pending | -- | -- | -- | |
| 05/11/2018 05/11/18 | For Sale | $69,900 | +249.5% | $111 / Sq Ft | |
| 11/28/2017 11/28/17 | Sold | $20,000 | -33.1% | $32 / Sq Ft | View Prior Sale |
| 11/09/2017 11/09/17 | For Sale | $29,900 | 0.0% | $47 / Sq Ft | |
| 11/06/2017 11/06/17 | Pending | -- | -- | -- | |
| 10/11/2017 10/11/17 | For Sale | $29,900 | -- | $47 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Agents Affiliated with this Home
-
Steve Flanagan
SF
Seller's Agent in 2025
Steve Flanagan
R. P. Lux Company
(317) 236-9172
3 in this area
31 Total Sales
-
SF
Buyer's Agent in 2025
Stephen Ferguson
Highgarden Real Estate
-
BW
Buyer Co-Listing Agent in 2025
Brian Wignall
F.C. Tucker Company
-
CN
Seller's Agent in 2018
Chastity Nolan
Dropped Members
-
Brenda Outcalt
BO
Seller's Agent in 2017
Brenda Outcalt
Carpenter, REALTORS®
(317) 362-9594
19 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22027751
APN: 49-11-03-142-009.000-101
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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