4225 E Washington St Indianapolis, IN 46201
Near Eastside NeighborhoodEstimated payment $3,482/month
Highlights
- New Construction
- Contemporary Architecture
- Forced Air Heating and Cooling System
About This Home
Calling all investors or house hackers, this is your next big buy and hold opportunity, new construction 4-plex, estimated to be completed by 10/01/2026. Each unit features approximately 962 sq feet of living space, with 2 bedrooms and 1.5 baths per unit. This project being new construction, all you have to do is worry about cashing the rent checks for years to come, with no worries about big ticket repair items. This project is being built knowing there will be tenants so there will be no carpet, 1st and 2nd floor will have LVP and staircase will be a hardwood oak staircase. The kitchen will not have builder grade cabinets that easily fall apart with rentals, they will be all plywood construction, with soft close doors and drawers, granite countertops, double hung vinyl high efficient double pane windows. This home can also be purchased for a primary residence where you occupy one unit and renting the other 3 units, have the other 3 units pay your mortgage payment. This property can be purchased by itself or purchase the other two 4-plex properties right next door, 12 units in all for sale. Other addresses are 4221 E Washington ST (Listing ID: 22114049) and 4223 E Washington St (Listing ID: 22114066) Current Construction Phase...all mechanicals are complete waiting on inspection.
Listing Agent
Victory Realty Team Brokerage Email: shane@victoryrealtyteam.com License #RB18000283 Listed on: 07/15/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $268
Year Built
- Built in 2026 | New Construction
Parking
- Alley Access
Home Design
- Quadruplex
- Contemporary Architecture
- Block Foundation
- Vinyl Siding
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Laundry
- Laundry on upper level
- Washer and Dryer Hookup
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
Additional Features
- 2-Story Property
- Exterior Lighting
- 6,316 Sq Ft Lot
- City Lot
Community Details
- Haywoods Boulevard Subdivision
Listing and Financial Details
- The owner pays for not applic
- Tax Lot 1061090
- Assessor Parcel Number 491004124028000101
Map
Home Values in the Area
Average Home Value in this Area
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 | $268 | $11,300 | $11,300 | |
| 2024 | $313 | $11,300 | $11,300 | |
| 2023 | $313 | $11,300 | $11,300 | $0 |
| 2022 | $314 | $11,300 | $11,300 | $0 |
| 2021 | $335 | $11,300 | $11,300 | $0 |
| 2020 | $136 | $4,600 | $4,600 | $0 |
| 2019 | $139 | $4,600 | $4,600 | $0 |
| 2018 | $143 | $4,600 | $4,600 | $0 |
| 2017 | $127 | $4,600 | $4,600 | $0 |
| 2016 | $96 | $4,600 | $4,600 | $0 |
| 2014 | $99 | $4,600 | $4,600 | $0 |
| 2013 | $96 | $4,600 | $4,600 | $0 |
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 |
|---|---|---|---|---|
| 07/15/2026 07/15/26 | For Sale | $635,000 | -- | -- |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | First American Title | |
| Warranty Deed | -- | Quality Title | |
| Warranty Deed | -- | Quality Title | |
| Quit Claim Deed | $2,000 | None Available | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $890 | None Available |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $325,000 | Construction |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22114269
APN: 49-10-04-124-028.000-101
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Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.