429 N Colorado Ave Indianapolis, IN 46201
Near Eastside NeighborhoodEstimated payment $1,682/month
Total Views
5,812
4
Beds
2
Baths
--
Sq Ft
--
Price per Sq Ft
About This Home
This fully renovated duplex on the east side of Indianapolis offers an incredible opportunity for both investors and homeowners looking to offset their mortgage. With both sides vacant and ready to rent, you can move into one side and start collecting rent from the other immediately. Each unit features 2 beds, 1 bath and has been fully renovated in 2022, so there's no work needed-just move in or rent out for instant income. The property boasts brand-new LVP flooring throughout, providing a sleek, durable, and low-maintenance option for both owners and tenants. Located in a prime area close to local amenities, schools, parks, and public transport, this property is perfectly situated for easy living and rental demand. Whether you're looking to live in one unit and rent out the other or add a well-maintained, income-generating asset to your portfolio, this duplex is a fantastic value that you won't want to miss.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,912
Year Built
- Built in 1919
Home Design
- Duplex
Interior Spaces
- 1.5-Story Property
- Fire and Smoke Detector
- Washer and Dryer Hookup
- Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Additional Features
- 5,576 Sq Ft Lot
- Central Air
Community Details
- Tuxedo Park Subdivision
Listing and Financial Details
- Tax Lot 491004119324000101
- Assessor Parcel Number 491004119324000101
Map
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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 | $4,563 | $197,900 | $7,500 | $190,400 |
| 2023 | $4,563 | $187,300 | $7,500 | $179,800 |
| 2022 | $3,029 | $123,300 | $7,500 | $115,800 |
| 2021 | $2,102 | $86,100 | $7,500 | $78,600 |
| 2020 | $2,122 | $86,700 | $2,300 | $84,400 |
| 2019 | $339 | $9,600 | $2,300 | $7,300 |
| 2018 | $332 | $9,300 | $2,300 | $7,000 |
| 2017 | $294 | $8,700 | $2,300 | $6,400 |
| 2016 | $649 | $8,100 | $2,300 | $5,800 |
| 2014 | $169 | $7,800 | $2,300 | $5,500 |
| 2013 | $220 | $8,100 | $2,300 | $5,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/23/2025 07/23/25 | Off Market | $1,275 | -- | -- |
| 07/15/2025 07/15/25 | For Rent | $1,275 | 0.0% | -- |
| 04/28/2025 04/28/25 | Price Changed | $259,999 | -1.9% | -- |
| 04/09/2025 04/09/25 | For Sale | $265,000 | +112.0% | -- |
| 04/29/2022 04/29/22 | Sold | $125,000 | -3.8% | $123 / Sq Ft |
| 04/18/2022 04/18/22 | Pending | -- | -- | -- |
| 04/14/2022 04/14/22 | For Sale | $130,000 | +2.4% | $127 / Sq Ft |
| 10/20/2020 10/20/20 | Sold | $127,000 | -5.9% | $125 / Sq Ft |
| 09/01/2020 09/01/20 | Pending | -- | -- | -- |
| 09/01/2020 09/01/20 | For Sale | $135,000 | +35.0% | $132 / Sq Ft |
| 04/03/2020 04/03/20 | Sold | $100,000 | -20.0% | $98 / Sq Ft |
| 03/06/2020 03/06/20 | Pending | -- | -- | -- |
| 11/18/2019 11/18/19 | For Sale | $125,000 | +16029.0% | $123 / Sq Ft |
| 09/20/2019 09/20/19 | Sold | $775 | 0.0% | $1 / Sq Ft |
| 06/29/2019 06/29/19 | For Sale | $775 | -98.4% | $1 / Sq Ft |
| 05/30/2019 05/30/19 | Sold | $47,500 | -26.9% | $47 / Sq Ft |
| 05/05/2019 05/05/19 | Pending | -- | -- | -- |
| 04/23/2019 04/23/19 | For Sale | $65,000 | 0.0% | $64 / Sq Ft |
| 04/04/2019 04/04/19 | Pending | -- | -- | -- |
| 03/23/2019 03/23/19 | Price Changed | $65,000 | 0.0% | $64 / Sq Ft |
| 03/23/2019 03/23/19 | For Sale | $65,000 | +36.8% | $64 / Sq Ft |
| 03/12/2019 03/12/19 | Off Market | $47,500 | -- | -- |
| 02/22/2019 02/22/19 | For Sale | $60,000 | +500.1% | $59 / Sq Ft |
| 08/30/2016 08/30/16 | Sold | $9,999 | 0.0% | $10 / Sq Ft |
| 07/28/2016 07/28/16 | Pending | -- | -- | -- |
| 07/28/2016 07/28/16 | Off Market | $9,999 | -- | -- |
| 07/27/2016 07/27/16 | For Sale | $9,999 | -- | $10 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $249,000 | Eagle Land Title | |
| Warranty Deed | -- | Schmitz David A | |
| Warranty Deed | $125,000 | Schmitz David A | |
| Warranty Deed | $128,000 | Centurion Land Title | |
| Warranty Deed | $100,000 | Centurion Land Title | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Mtc | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Mtc | |
| Quit Claim Deed | $4,000 | None Available | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $5,948 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Special Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $184,860 | New Conventional | |
| Previous Owner | $190,170 | Construction | |
| Previous Owner | $190,170 | Construction | |
| Previous Owner | $96,000 | Commercial | |
| Previous Owner | $7,500 | Seller Take Back |
Source: Public Records
Similar Homes in Indianapolis, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22031189
APN: 49-10-04-119-324.000-101
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