4233 Evanston Ave Indianapolis, IN 46205
Fairgrounds NeighborhoodEstimated payment $2,522/month
About This Home
Proposed New Construction 4-Plex | Nickel Plate Village Introducing a brand-new Duplex investment opportunity in the highly desirable Fairgrounds neighborhood. Each unit features a spacious 3-bedroom, 2-bath layout, ranging from 1250 to 1374 square feet, offering modern design, open living spaces, and quality craftsmanship throughout. With projected rents of $1,900 per unit, this property generates strong returns and is ideal for owner-occupants, investors, or house hackers looking to capitalize on Indianapolis's continued growth. Built by Paradigm Construction & Development, a respected local builder committed to quality, transparency, and community impact. Perfectly located just minutes from the $4 billion IU Health Downtown Hospital (scheduled for completion in December 2027) and backs up to newly paved Nickel Plate Trail, State Fairgournds, close to the Monon Trail, Fall Creek Greenway, Broad Ripple and Midtown dining and retail, this property combines walkability, convenience, and long-term appreciation potential. Estimated completion: Approximately 7 months from closing and first construction draw. Reach out directly for full specifications, construction timeline, and builder options.
Listing Agent
Zachary Douglas
Canull Group LLC License #RB25001624 Listed on: 11/04/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $316
Year Built
- New Construction
Home Design
- Duplex
Additional Features
- 6 Bedrooms
- 5,187 Sq Ft Lot
Community Details
- Montrose Subdivision
Listing and Financial Details
- Tax Lot MONTROSE
- Assessor Parcel Number 490718103682008801
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 | -- | $13,300 | $13,300 | -- |
| 2023 | -- | $13,300 | $13,300 | -- |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/04/2025 11/04/25 | For Sale | $475,000 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22071851
APN: 49-07-18-103-682.008-801
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