$169,000
$11K PRICE DROP

Estimated payment $1,086/month

Total Views 4,329
2 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 1 Car Detached Garage
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Bungalow
  • Property is near a bus stop

About This Home

Turnkey Duplex Just Minutes from Downtown - Investor Opportunity! Attention investors-don't miss this incredible chance to own a renovated duplex just 5 minutes west of the IU Indianapolis campus and downtown Indy. Each side of this charming property offers one spacious bedroom, one full bathroom, and a partial basement, making it a highly rentable layout. Fully renovated in 2020, the home is in excellent condition and ready for your next tenants. Major systems-including the roof, HVAC, and water heaters-were replaced approximately five years ago, giving you peace of mind and fewer upfront expenses. Each unit enjoys its own fenced backyard, and the property also includes a one-car garage. Whether you're an investor, house hacker, or looking to live in one unit and rent the other, this duplex offers a smart, low-maintenance option in a rapidly developing area. All tenants have moved out. Don't wait-schedule your showing today and come see the potential for yourself!

Listing Agent

Scott McCain

CENTURY 21 Scheetz License #RB16000372 Listed on: 07/02/2025

CENTURY 21 Scheetz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,974

Year Built

  • Built in 1910

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Bungalow
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Washer and Dryer Hookup
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • 4,530 Sq Ft Lot
  • Property is near a bus stop
  • Forced Air Heating and Cooling System

Community Details

  • Malvern Subdivision

Listing and Financial Details

  • Tax Lot 75
  • Assessor Parcel Number 491105125090000901

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,974

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1910
  • Lot Size Acres: 0.1
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: Malvern
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 84500
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Levels: One
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Possible Use: Residential
  • Gross Area Sq Ft: 1198

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Fencing: Full, Privacy
  • Foundation Details: Block, Partial
  • List Price: 169000
  • Waterfront: No
  • Road Access: Frontage Road

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached, Garage Door Opener
  • Unit Parking: 1 Car Space,On Street

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Connections All
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Lot Features: Access, Busline, Sidewalks, Not In Subdivision
  • Property Attached Yn: No
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 4530
  • Parcel Number: 491105125090000901
  • Acres: <1/4 Acre
  • Price Acre: 1690000

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1974
  • Tax Lot: 75
  • Semi Annual Property Tax Amt: 987
  • Tax Exemption: Homestead Tax Exemption

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,022 $147,400 $2,900 $144,500
2023 $2,022 $135,700 $2,900 $132,800
2022 $2,061 $135,700 $2,900 $132,800
2021 $2,271 $94,800 $2,900 $91,900
2020 $2,156 $58,000 $2,900 $55,100
2019 $5,549 $55,300 $2,900 $52,400
2018 $1,210 $47,500 $2,900 $44,600
2017 $1,100 $48,200 $2,900 $45,300
2016 $967 $42,900 $2,900 $40,000
2014 $828 $38,300 $2,900 $35,400
2013 $922 $39,600 $2,900 $36,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 Price Changed $169,000 -2.9% --
08/07/2025 08/07/25 Price Changed $174,000 -0.6% --
07/17/2025 07/17/25 Price Changed $175,000 -2.8% --
07/02/2025 07/02/25 For Sale $180,000 +87.5% --
12/30/2020 12/30/20 Sold $96,000 0.0% $161 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $96,000 0.0% $161 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $96,000 0.0% $161 / Sq Ft
08/31/2020 08/31/20 Off Market $96,000 -- --
08/31/2020 08/31/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $96,000 +170.4% $161 / Sq Ft
07/08/2019 07/08/19 Sold $35,500 -15.3% $59 / Sq Ft
06/27/2019 06/27/19 For Sale $41,900 0.0% $70 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
05/07/2019 05/07/19 Price Changed $41,900 -2.3% $70 / Sq Ft
04/25/2019 04/25/19 Price Changed $42,900 -2.3% $72 / Sq Ft
03/29/2019 03/29/19 For Sale $43,900 -- $73 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Deed $30,000 --
Warranty Deed $30,000 Monument Title Insurance Compa
Deed $26,500 --
Warranty Deed $26,500 Monument Title Insurance Compa
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $109,890 FHA
Closed $88,678 FHA
Closed $83,028 FHA
Source: Public Records

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22044493

MIBOR Broker Listing Cooperative®

APN: 49-11-05-125-090.000-901