425 N Grant Ave Indianapolis, IN 46201
Near Eastside NeighborhoodEstimated payment $1,398/month
About This Home
Incredible turnkey investment opportunity in the heart of Near Eastside! This entire residential multi-family building features both units 90/95% remodeled this year (2026), offering a seamless addition to your portfolio. Structurally sound with a historical 1910 character and an effective modern design, the property is split into two optimized units. Each side delivers an expansive 3-bedroom, 2-full bathroom floor plan, featuring a spacious front living area, a functional modern kitchen, and a primary bedroom situated quietly in the back on the first floor. Capitalize on strong rental demand with updated interiors, modern flooring, and an easy-access frontage road lot layout. Perfect for a savvy landlord looking for cash flow or an owner-occupant wanting a house-hack setup with little work left to complete. Don't miss out on this double-income generating asset!
Listing Agent
Ask Pat About Real Estate Brokerage Email: pat@askpataboutrealestate.com License #RB19001454 Listed on: 06/09/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,400
Year Built
- Built in 1910
Lot Details
- 6,970 Sq Ft Lot
Home Design
- Duplex
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Listing and Financial Details
- Tax Lot 101
- Assessor Parcel Number 491004119467000101
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 | $3,399 | $76,900 | $4,600 | $72,300 |
| 2024 | $3,085 | $78,700 | $4,600 | $74,100 |
| 2023 | $3,085 | $74,600 | $4,600 | $70,000 |
| 2022 | $1,602 | $0 | $0 | $0 |
| 2021 | $1,155 | $45,800 | $8,200 | $37,600 |
| 2020 | $1,091 | $42,900 | $2,500 | $40,400 |
| 2019 | $1,086 | $41,900 | $2,500 | $39,400 |
| 2018 | $1,051 | $40,100 | $2,500 | $37,600 |
| 2017 | $886 | $37,300 | $2,500 | $34,800 |
| 2016 | $805 | $34,300 | $2,500 | $31,800 |
| 2014 | $703 | $32,500 | $2,500 | $30,000 |
| 2013 | $601 | $33,900 | $2,500 | $31,400 |
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 |
|---|---|---|---|---|---|
| 08/14/2026 08/14/26 | For Sale | $210,000 | 0.0% | -- | |
| 08/08/2026 08/08/26 | Off Market | $210,000 | -- | -- | |
| 07/14/2026 07/14/26 | Price Changed | $210,000 | -6.7% | -- | |
| 07/01/2026 07/01/26 | Price Changed | $225,000 | -2.2% | -- | |
| 06/09/2026 06/09/26 | Price Changed | $230,000 | +4.5% | -- | |
| 06/09/2026 06/09/26 | For Sale | $220,000 | +185.7% | -- | |
| 01/16/2026 01/16/26 | Sold | $77,000 | -13.5% | $75 / Sq Ft | View Prior Sale |
| 11/24/2025 11/24/25 | Pending | -- | -- | -- | |
| 10/31/2025 10/31/25 | For Sale | $89,000 | +423.5% | $87 / Sq Ft | |
| 10/19/2017 10/19/17 | Sold | $17,000 | -31.7% | $17 / Sq Ft | View Prior Sale |
| 10/09/2017 10/09/17 | Pending | -- | -- | -- | |
| 09/01/2017 09/01/17 | Price Changed | $24,900 | -16.7% | $24 / Sq Ft | |
| 07/24/2017 07/24/17 | Price Changed | $29,900 | -9.1% | $29 / Sq Ft | |
| 06/16/2017 06/16/17 | For Sale | $32,900 | -- | $32 / Sq Ft |
About the Listing Agent
Pat McNeill is a licensed Realtor, certified appraiser, and experienced real estate investor in Indianapolis. As founder of Ask Pat About Real Estate LLC, Pat leverages deep market knowledge, precise valuation expertise, and proven investment strategies to support homeowners and investors in reaching their real estate goals.
Guided by the principle “For investors by investors – for homeowners by investors who care,” Pat is recognized for integrity, effective solutions, and a commitment
Patrick's Other Listings
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22106977
APN: 49-10-04-119-438.000-101
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Ask me questions while you tour the home.