4260 Norwaldo Ave Indianapolis, IN 46205
Fairgrounds Neighborhood
--
Bed
--
Bath
736
Sq Ft
0.25
Acres
Highlights
- Traditional Architecture
- Property is near a bus stop
- Forced Air Heating System
- 1-Story Property
About This Home
As of December 2024Welcome to this awesome duplex opportunity located near SoBro! This property can be used by an owner occupant to live in one side and rent out the other or for an investor looking to add to their portfolio. Current tenant is moving and is paying $765/month. Market rents are $1,250/per side Section 8 rents are $1,350/per side. Updates include a new water heater on 4260 was replaced in 2023 and new floors were installed in 2020. Water heater on 4262 replaced in 2021, floors replaced 2023, furnace 2024, and exterior paint in 2024. The left unit is currently occupied and will be vacant by closing. Invite friends over and walk to Indy Fuel Games or summer nights at the State Fair. Easy access to all of Indy on Fall Creek, Keystone or Binford.
Last Agent to Sell the Property
Compass Indiana, LLC Brokerage Email: hayley.wild@compass.com License #RB17001542 Listed on: 11/07/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,238
Year Built
- Built in 1945
Home Design
- Duplex
- Traditional Architecture
Interior Spaces
- 1-Story Property
- Washer and Dryer Hookup
- Basement
Additional Features
- 0.25 Acre Lot
- Property is near a bus stop
- Forced Air Heating System
Community Details
- Montrose Subdivision
Listing and Financial Details
- Assessor Parcel Number 490718106023000801
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 11, 2025
Sold by
Melchor Hilario
Bought by
Melchors Llc
Purchase Details
Listed on
Nov 7, 2024
Closed on
Dec 5, 2024
Sold by
Kessef Llc
Bought by
Melchor Hilario
Seller's Agent
Hayley Wild
Compass Indiana, LLC
Buyer's Agent
Logan Sanford
Real Broker, LLC
List Price
$199,900
Sold Price
$205,000
Premium/Discount to List
$5,100
2.55%
Views
6
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.78%
Original Mortgage
$153,750
Interest Rate
6.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 2, 2015
Sold by
Froghollow Llc
Bought by
Kessef Llc
Purchase Details
Listed on
Feb 22, 2012
Closed on
Jun 29, 2012
Sold by
Landman Connie M
Bought by
Froghollow Llc
Seller's Agent
Kristie Smith
Indy Homes
Buyer's Agent
Shawn Holsapple
Keller Williams Indy Metro NE
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.31%
Similar Homes in Indianapolis, IN
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Chicago Title | |
| Warranty Deed | $205,000 | Chicago Title | |
| Warranty Deed | -- | Mtc | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $153,750 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/17/2025 06/17/25 | For Rent | $1,200 | 0.0% | -- |
| 12/05/2024 12/05/24 | Sold | $205,000 | +2.6% | $279 / Sq Ft |
| 11/08/2024 11/08/24 | Pending | -- | -- | -- |
| 11/07/2024 11/07/24 | For Sale | $199,900 | +299.8% | $272 / Sq Ft |
| 06/29/2012 06/29/12 | Sold | $50,000 | -9.1% | $68 / Sq Ft |
| 06/12/2012 06/12/12 | Pending | -- | -- | -- |
| 02/22/2012 02/22/12 | For Sale | $55,000 | -- | $75 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $3,395 | $135,900 | $27,600 | $108,300 |
| 2023 | $3,395 | $136,500 | $27,600 | $108,900 |
| 2022 | $2,907 | $128,100 | $27,600 | $100,500 |
| 2021 | $2,236 | $90,400 | $6,500 | $83,900 |
| 2020 | $1,980 | $79,100 | $6,500 | $72,600 |
| 2019 | $1,880 | $73,500 | $6,500 | $67,000 |
| 2018 | $1,743 | $98,800 | $3,200 | $95,600 |
| 2017 | $2,126 | $93,400 | $3,200 | $90,200 |
| 2016 | $1,974 | $88,300 | $3,200 | $85,100 |
| 2014 | $1,909 | $88,100 | $3,200 | $84,900 |
| 2013 | $1,764 | $84,600 | $3,200 | $81,400 |
Source: Public Records
Agents Affiliated with this Home
-
Evona Watson
Seller's Agent in 2025
Evona Watson
Triple E Realty, LLC
(317) 281-9280
129 Total Sales
-
Vernita Harris
Seller Co-Listing Agent in 2025
Vernita Harris
Triple E Realty, LLC
(317) 586-8079
1 Total Sale
-
Hayley Wild
Seller's Agent in 2024
Hayley Wild
Compass Indiana, LLC
(317) 405-7915
2 in this area
343 Total Sales
-
Logan Sanford
L
Buyer's Agent in 2024
Logan Sanford
Real Broker, LLC
(765) 580-1833
4 in this area
99 Total Sales
-
K
Seller's Agent in 2012
Kristie Smith
Indy Homes
-
R
Seller Co-Listing Agent in 2012
Rhonda Hoeft
Keller Williams Indy Metro NE
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22010141
APN: 49-07-18-106-023.000-801
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