4040 N College Ave Indianapolis, IN 46205
Meridian Kessler NeighborhoodEstimated payment $2,624/month
Total Views
3,170
6
Beds
2
Baths
--
Sq Ft
--
Price per Sq Ft
About This Home
HOT Duplex on College Ave perfect for the owner occupier/house hacker or investor! TOTAL remodel featuring quartz counters, subway tile, matte black features, new LVP flooring, charming ship lap, original built-ins, and stainless steel appliances. MAJOR updates include a NEW roof, NEW electrical, NEW ACs, NEW plumbing, NEW stainless steel appliances, NEW sewer line and COMPLETE kitchen & bathroom remodels (the addition of two half bathrooms!) Each side is a 3 bedroom, 1.5 bathroom with a NEW privacy fence and off-street parking. Previously leased at $1,750! Current left vacant for easy showing access. See it today because this will NOT last!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,048
Year Built
- Built in 1910
Parking
- Alley Access
Home Design
- Duplex
- Block Foundation
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Washer and Dryer Hookup
- Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Bathrooms
Additional Features
- 5,271 Sq Ft Lot
- Property is near a bus stop
- Central Air
Community Details
- Washington Heights Subdivision
Listing and Financial Details
- Tax Lot 407
- Assessor Parcel Number 490613101095000801
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 | $6,297 | $350,700 | $28,500 | $322,200 |
| 2023 | $6,297 | $358,700 | $28,500 | $330,200 |
| 2022 | $5,063 | $290,900 | $28,500 | $262,400 |
| 2021 | $6,679 | $284,500 | $27,000 | $257,500 |
| 2020 | $6,209 | $263,200 | $27,000 | $236,200 |
| 2019 | $5,915 | $245,800 | $27,000 | $218,800 |
| 2018 | $5,922 | $232,500 | $27,000 | $205,500 |
| 2017 | $5,016 | $231,100 | $27,000 | $204,100 |
| 2016 | $4,524 | $212,600 | $27,000 | $185,600 |
| 2014 | $3,513 | $162,500 | $27,000 | $135,500 |
| 2013 | $3,203 | $149,000 | $27,000 | $122,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | Pending | -- | -- | -- |
| 08/08/2025 08/08/25 | For Sale | $389,900 | +4.0% | -- |
| 06/20/2022 06/20/22 | Sold | $375,000 | 0.0% | $149 / Sq Ft |
| 05/17/2022 05/17/22 | Pending | -- | -- | -- |
| 05/10/2022 05/10/22 | For Sale | $375,000 | 0.0% | $149 / Sq Ft |
| 05/07/2022 05/07/22 | Pending | -- | -- | -- |
| 05/04/2022 05/04/22 | For Sale | $375,000 | +87.5% | $149 / Sq Ft |
| 10/18/2021 10/18/21 | Sold | $200,000 | -11.1% | $80 / Sq Ft |
| 09/09/2021 09/09/21 | Pending | -- | -- | -- |
| 08/25/2021 08/25/21 | For Sale | $224,900 | -- | $90 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $375,000 | Mccollister Adrienne | |
| Warranty Deed | $200,000 | None Available | |
| Deed | -- | -- | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $368,207 | FHA | |
| Previous Owner | $225,000 | Commercial | |
| Previous Owner | $225,000 | Commercial | |
| Previous Owner | $10,000 | New Conventional |
Source: Public Records
Similar Homes in Indianapolis, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22054304
APN: 49-06-13-101-095.000-801
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