41 S Tuxedo St Indianapolis, IN 46201
Christian Park NeighborhoodEstimated payment $1,787/month
About This Home
Meet this beautifully renovated quadplex, which offers a rare, truly turnkey investment opportunity. Taken down to the studs, this property has been completely transformed with quality craftsmanship and modern finishes throughout. Updates include brand-new siding, new flooring, fresh interior and exterior paint, updated kitchens featuring granite countertops, and fully renovated bathrooms. Each unit has been thoughtfully redesigned to appeal to today's tenants, providing clean, modern living spaces that support strong rental demand. The property is fully leased, offering immediate cash flow and peace of mind for the next owner. With all major renovations already completed, this is an ideal opportunity for investors seeking a low-maintenance asset with long-term potential. Enjoy the benefits of a stabilized, income-producing property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,676
Year Built
- Built in 1890
Home Design
- Quadruplex
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Additional Features
- 2-Story Property
- 4,792 Sq Ft Lot
- Basement
Community Details
- Englewood Subdivision
Listing and Financial Details
- The owner pays for all utilities
- Tax Lot 49-10-05-119-001.000-101
- Assessor Parcel Number 491005119001000101
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 |
|---|---|---|---|---|
| 2024 | $1,675 | $70,600 | $4,000 | $66,600 |
| 2023 | $1,792 | $67,800 | $4,000 | $63,800 |
| 2022 | $1,783 | $67,800 | $4,000 | $63,800 |
| 2021 | $1,463 | $55,600 | $4,000 | $51,600 |
| 2020 | $2,080 | $49,400 | $2,200 | $47,200 |
| 2019 | $1,507 | $44,800 | $2,200 | $42,600 |
| 2018 | $1,171 | $41,800 | $2,200 | $39,600 |
| 2017 | $1,035 | $40,600 | $2,200 | $38,400 |
| 2016 | $1,006 | $40,200 | $2,200 | $38,000 |
| 2014 | $852 | $39,400 | $2,200 | $37,200 |
| 2013 | $819 | $39,400 | $2,200 | $37,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/06/2026 01/06/26 | Pending | -- | -- | -- | |
| 01/06/2026 01/06/26 | For Sale | $315,000 | +443.1% | -- | |
| 12/19/2025 12/19/25 | Sold | $58,000 | -3.3% | $60 / Sq Ft | View Prior Sale |
| 11/27/2025 11/27/25 | Pending | -- | -- | -- | |
| 11/23/2025 11/23/25 | For Sale | $60,000 | -- | $62 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Sheriffs Deed | $20,005 | None Available | |
| Trustee Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $375,000 | Future Advance Clause Open End Mortgage |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22078628
APN: 49-10-05-119-001.000-101
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Based on information submitted to the MLS GRID. 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.
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