4304 Norwaldo Ave Indianapolis, IN 46205
Fairgrounds NeighborhoodEstimated payment $1,729/month
Highlights
- 0.26 Acre Lot
- Traditional Architecture
- 1-Story Property
About This Home
Fully occupied, income producing, recently renovated, well-kept SoBro duplex, sitting on a corner double lot... That spells opportunity! With 140 feet of frontage on 43rd St, the potential to expand with more doors is easy to see. The roof, as well as both water heaters, furnaces, and AC's have all been replaced in the last 2-3 years, so expect no major expenses in the foreseeable future. Whether taking an aggressive approach, or just sitting back and collecting the established rent, this property will start paying you back on day one.
Listing Agent
eXp Realty, LLC Brokerage Email: nino@ninoismyhomeboy.com License #RB15000418 Listed on: 05/07/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,770
Year Built
- Built in 1945
Home Design
- Duplex
- Traditional Architecture
- Vinyl Siding
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Additional Features
- 1-Story Property
- 11,200 Sq Ft Lot
- Basement
Community Details
- Montrose Subdivision
Listing and Financial Details
- Tax Lot 20
- Assessor Parcel Number 490718106040000801
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 |
|---|---|---|---|---|
| 2025 | $3,771 | $236,900 | $30,700 | $206,200 |
| 2024 | $3,889 | $158,900 | $30,700 | $128,200 |
| 2023 | $3,889 | $158,900 | $30,700 | $128,200 |
| 2022 | $3,348 | $149,100 | $30,700 | $118,400 |
| 2021 | $2,585 | $107,000 | $7,200 | $99,800 |
| 2020 | $2,277 | $93,400 | $7,200 | $86,200 |
| 2019 | $2,162 | $86,800 | $7,200 | $79,600 |
| 2018 | $2,131 | $84,800 | $7,200 | $77,600 |
| 2017 | $1,799 | $79,600 | $7,200 | $72,400 |
| 2016 | $1,674 | $75,400 | $7,200 | $68,200 |
| 2014 | $1,622 | $75,000 | $7,200 | $67,800 |
| 2013 | $1,505 | $72,400 | $7,200 | $65,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/07/2026 05/07/26 | For Sale | $265,000 | 0.0% | -- | |
| 06/27/2024 06/27/24 | Rented | $1,250 | 0.0% | -- | |
| 06/16/2024 06/16/24 | For Rent | $1,250 | 0.0% | -- | |
| 06/07/2024 06/07/24 | Rented | $1,250 | 0.0% | -- | |
| 04/23/2024 04/23/24 | For Rent | $1,250 | 0.0% | -- | |
| 04/22/2024 04/22/24 | Sold | $245,000 | +2.1% | $333 / Sq Ft | View Prior Sale |
| 04/08/2024 04/08/24 | Pending | -- | -- | -- | |
| 04/05/2024 04/05/24 | For Sale | $240,000 | -- | $326 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Enterprise Title | |
| Warranty Deed | $245,000 | Enterprise Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $115,000 | None Listed On Document | |
| Quit Claim Deed | -- | American Integrity Title Inc | |
| Special Warranty Deed | -- | None Available | |
| Sheriffs Deed | $32,708 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $182,750 | Credit Line Revolving | |
| Previous Owner | $165,000 | New Conventional | |
| Previous Owner | $165,000 | New Conventional |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22101009
APN: 49-07-18-106-040.000-801
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Ask me questions while you tour the home.