NOT LISTED FOR SALE

Estimated Value: $237,000 - $289,000

6 Beds
-- Bath
1,422 Sq Ft
$183/Sq Ft Est. Value

Sale Details

Date Sold: March 11, 2025

Last sale price $275,000 $193 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,902 / mo

144 Days on Market

Highlights

  • A-Frame Home
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of March 2025

Investor's Dream Duplex Near Downtown Indy, generating $2600 in passive income monthly!! Welcome to this fantastic investment opportunity in the heart of Indianapolis! This duplex is located close to downtown, offering convenience and city living. Each side of this property features 3 bedrooms and 1.5 baths, providing large and comfortable living spaces for the tenants. The duplex offers several attractive features for investors, including newer HVAC systems, newer windows that ensure efficiency and tenant comfort year-round. Recently updated kitchens showcase new flooring, modern appliances, while the bathrooms have been also renovated to appeal to any and all tenants expectations. The exterior and interiors have been freshly painted within the last few years, newer flooring in several rooms that enhances the overall appeal and upkeep of the property. For added peace of mind, this property has been inspected and approved by the City/State, ensuring it meets all safety and habitability standards necessary for hassle-free renting. Both sides of the duplex are currently leased, with reliable tenants who have expressed interest in continuing their occupancy, providing immediate rental income for the new owner. With its great location near downtown Indianapolis, this duplex presents a great opportunity for savvy investors looking to capitalize on a thriving rental market. Whether you're looking to expand your investment portfolio or start anew, this property offers a solid foundation for long-term rental income and growth potential. Don't miss out on this great investment opportunity! Schedule your showing today and seize this lucrative opportunity to invest in Indianapolis Real Estate!

Last Agent to Sell the Property

Adam Hopkins

eXp Realty LLC Brokerage Email: adam@icongrouprealtors.com License #RB14050862 Listed on: 07/12/2024

Last Buyer's Agent

Gwendolyn Porter

Buy Faith REALTORS LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,244

Year Built

  • Built in 1915

Lot Details

  • 5,445

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • A-Frame Home
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 6 Bedrooms
  • 2-Story Property
  • Fire and Smoke Detector
  • Washer and Dryer Hookup
  • Unfinished Basement

Additional Features

  • Exterior Lighting
  • 5,445 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Tuxedo Park Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot L15/B9
  • Assessor Parcel Number 491004119270000101
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,244

Year Built

Built in 1915

Lot Details

5,445 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: A-Frame
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1915
  • Lot Size Acres: 0.13
  • Structure Type: Duplex
  • Subdivision Name: Tuxedo Park
  • Transaction Type: Sale
  • Website: hopshomes.com
  • Conversion: No
  • MBR_AttributionContact: adam@icongrouprealtors.com
  • Multi Rooms: 3
  • Attribution Contact: adam@icongrouprealtors.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Levels: Two
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Vinyl Siding
  • Exterior Features: Lighting
  • Foundation Details: Block
  • Road Access: Access Rd

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Unit Parking: Other

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air
  • Laundry Features: Connections All, Other
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Lot Info

  • Lot Features: Access
  • Property Attached Yn: Yes
  • Current Use: See Remarks
  • Lot Size Sq Ft: 5445
  • Parcel Number: 491004119270000101
  • Zoning: ZO01
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 3244
  • Tax Lot: L15/B9
  • Semi Annual Property Tax Amt: 1622

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
Jul 12, 2024
Closed on
Mar 11, 2025
Sold by
Bought by
Seller's Agent
Adam Hopkins
eXp Realty LLC
Buyer's Agent
Gwendolyn Porter
Buy Faith REALTORS LLC
List Price
$280,000
Sold Price
$275,000
Premium/Discount to List
-$5,000
-1.79%
Views
64
Current Estimated Value
$260,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,383
Avg. Annual Appreciation
-3.82%
Original Mortgage
$275,000
Outstanding Balance
$271,443
Interest Rate
6.95%
Mortgage Type
VA
Estimated Equity
-$10,826

Purchase Details

Listed on
Apr 11, 2023
Closed on
Jun 5, 2023
Sold by
Bought by
Seller's Agent
Chris Jenkins
La Terre Boutique
Buyer's Agent
Adam Hopkins
eXp Realty, LLC
List Price
$249,000
Sold Price
$240,000
Premium/Discount to List
-$9,000
-3.61%
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%
Original Mortgage
$180,000
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 28, 2022
Closed on
Jun 15, 2022
Sold by
Bought by
Seller's Agent
Ronda Bailey-Cooper
Weichert REALTORS® Cooper Grou
Buyer's Agent
Chris Jenkins
La Terre Boutique
List Price
$150,000
Sold Price
$160,000
Premium/Discount to List
$10,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.24%

Purchase Details

Listed on
Jan 8, 2019
Closed on
Mar 1, 2019
Sold by
Bought by
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
Ronda Bailey-Cooper
Weichert REALTORS® Cooper Grou
List Price
$72,500
Sold Price
$40,000
Premium/Discount to List
-$32,500
-44.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.40%

Purchase Details

Closed on
Aug 3, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2008
Sold by
Bought by

Purchase Details

Closed on
Jun 26, 2008
Sold by
Bought by

Purchase Details

Closed on
May 27, 2008
Sold by
Bought by

Purchase Details

Closed on
Oct 4, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,560
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,560
Interest Rate
5.88%
Mortgage Type
New Conventional
Source: Public Records
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

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
-- Lenders Escrow & Title
-- Lenders Escrow & Title
$160,000 Hall Render Killian Heath & Ly
-- --
-- None Available
-- None Available
-- Accurate Land Title Llc
$21,000 Resource Title Agency Inc
-- None Available
-- 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 $275,000
Previous Owner $180,000
Previous Owner $44,000
Previous Owner $14,560
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
03/11/2025 03/11/25 Sold $275,000 -1.8% $193 / Sq Ft
12/09/2024 12/09/24 Price Changed $279,900 0.0% $197 / Sq Ft
12/04/2024 12/04/24 Pending -- -- --
11/15/2024 11/15/24 For Sale $280,000 +1.8% $197 / Sq Ft
10/30/2024 10/30/24 Off Market $275,000 -- --
10/23/2024 10/23/24 For Sale $280,000 0.0% $197 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
10/05/2024 10/05/24 For Sale $280,000 +1.8% $197 / Sq Ft
10/01/2024 10/01/24 Off Market $275,000 -- --
10/01/2024 10/01/24 For Sale $280,000 +1.8% $197 / Sq Ft
09/05/2024 09/05/24 Off Market $275,000 -- --
07/12/2024 07/12/24 For Sale $280,000 +16.7% $197 / Sq Ft
06/05/2023 06/05/23 Sold $240,000 -3.6% $169 / Sq Ft View Prior Sale
04/15/2023 04/15/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $249,000 +55.6% $175 / Sq Ft
05/24/2022 05/24/22 Sold $160,000 +6.7% $113 / Sq Ft View Prior Sale
05/01/2022 05/01/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $150,000 +275.0% $105 / Sq Ft
02/28/2019 02/28/19 Sold $40,000 -44.8% $28 / Sq Ft View Prior Sale
02/08/2019 02/08/19 Pending -- -- --
01/08/2019 01/08/19 For Sale $72,500 -- $51 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax 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.

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
2025 $5,778 $238,700 $7,300 $231,400
2024 $3,507 $243,500 $7,300 $236,200
2023 $3,507 $142,000 $7,300 $134,700
2022 $3,380 $137,400 $7,300 $130,100
2021 $2,325 $95,000 $7,300 $87,700
2020 $2,357 $96,100 $2,200 $93,900
2019 $2,348 $94,000 $2,200 $91,800
2018 $2,268 $89,900 $2,200 $87,700
2017 $1,888 $83,100 $2,200 $80,900
2016 $905 $37,700 $2,200 $35,500
2014 $731 $33,800 $2,200 $31,600
2013 $1,986 $74,900 $2,200 $72,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21990027

MIBOR Broker Listing Cooperative®

APN: 49-10-04-119-270.000-101

Your Personal Tour Guide

Ask me questions while you tour the home.