$150,000
PENDING

Estimated payment $1,008/month

Total Views 153
1 Bed
1 Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • Central Air

About This Home

Listed at $150,000, this well-maintained duplex on Norwaldo Ave is an excellent opportunity for an owner-occupant or investor. One side is occupied by a long-term tenant paying $650/month plus utilities, while the other side is in great move-in condition and ready to place a new tenant immediately, with market rents in the area averaging $850-$900/month. A garage in the back provides additional income potential, making this property a strong cash-flow option with flexibility to live in one unit or rent both. Showing for vacant side only.

Listing Agent

Tasheana Hanza

Hanza Realty, LLC License #RB14045896 Listed on: 08/29/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,364

Year Built

  • Built in 1956

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Additional Features

  • 1-Story Property
  • 5,445 Sq Ft Lot
  • Central Air

Community Details

  • Montrose Subdivision

Listing and Financial Details

  • Tax Lot 223
  • Assessor Parcel Number 490718103416000801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,364

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1956
  • Lot Size Acres: 0.13
  • Subdivision Name: Montrose
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 75000
  • Special Features: None

Interior Features

  • Levels: One
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Possible Use: Residential

Exterior Features

  • List Price: 150000
  • Road Access: Street Cuts

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling: Central Air
  • Solid Waste: Yes

Fee Information

  • Expenses: 0

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 5445
  • Parcel Number: 490718103416000801
  • Acres: <1/4 Acre
  • Price Acre: 1153846

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2364
  • Tax Lot: 223
  • Semi Annual Property Tax Amt: 1182

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $2,501 $99,600 $13,600 $86,000
2023 $2,501 $99,600 $13,600 $86,000
2022 $4,236 $93,000 $13,600 $79,400
2021 $1,746 $69,900 $3,200 $66,700
2020 $1,539 $60,800 $3,200 $57,600
2019 $1,463 $56,500 $3,200 $53,300
2018 $1,365 $52,000 $3,200 $48,800
2017 $1,213 $51,300 $3,200 $48,100
2016 $1,136 $48,800 $3,200 $45,600
2014 $1,044 $48,300 $3,200 $45,100
2013 $1,176 $46,400 $3,200 $43,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2025 08/30/25 Pending -- -- --
08/29/2025 08/29/25 For Sale $150,000 +621.5% --
05/10/2013 05/10/13 Sold $20,790 -45.3% $14 / Sq Ft
04/03/2013 04/03/13 Pending -- -- --
03/21/2013 03/21/13 For Sale $38,000 -- $26 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Deed $48,000 --
Deed $48,000 Paramount Title Agency
Deed $65,000 --
Special Warranty Deed -- --
Deed $207,900 --
Sheriffs Deed -- --
Sheriffs Deed $22,600 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $25,000 Seller Take Back
Source: Public Records

Similar Homes in Indianapolis, IN

  • 2318 E 36th St, Indianapolis, IN 46218

    $129,900

    • 2 Beds
    • 2 Baths
    • 2318 E 36th St
    • Indianapolis, IN

    Great Income Property! This duplex offers an exciting opportunity to embrace in Indy's up and coming area! With 1152 spacious square feet in each unit, this 1940s duplex offers a flexible layout to suit your lifestyle/tenants needs. Updates to included new exterior and interior doors, some windows, new carpet, flooring and bathroom remodel. The porch offers a transition from the outside world to

    Aubrey Walters eXp Realty, LLC

    Section Image
  • 944 N Hamilton Ave, Indianapolis, IN 46201

    $170,000

    • 2 Beds
    • 2 Baths
    • 944 N Hamilton Ave
    • Indianapolis, IN

    Fully leased with gross annual rent of \$18,780, this 2-unit property offers immediate, reliable income. Each unit features 1 bed, 1 bath, and approx. 700 sq. ft., plus split basements for storage. Recent upgrades in one unit include new LVP flooring and appliances. Tenants pay all utilities, keeping expenses predictable and low. Amenities include both street and off-street parking, along

    Dana Rivers Resolute Realty

    Section Image
  • 2109 Lexington Ave, Indianapolis, IN 46203

    $165,000

    • 2 Beds
    • 2 Baths
    • 2109 Lexington Ave
    • Indianapolis, IN

    Potential abounds with this duplex located near downtown, on a large lot, with income generating options. Each side features two bedrooms, 2 bathroom, a spacious kitchen with eat in dining options, high ceilings on the first level, a large back yard with options for a fence for your furry friends or a garage addition all with a super accessible location. Check this one out for yourself or for

    Natanja Tabb-Peterson @properties

    Section Image
  • 1703 E 34th St, Indianapolis, IN 46218

    $179,000

    • 1 Bed
    • 1 Bath
    • 1703 E 34th St
    • Indianapolis, IN

    This income producing property houses four tenants in separate studios. Each unit has private entrance, bath, kitchen and living space. Currently FULLY LEASED with some guaranteed payments via VA or Section 8. Rent varies with each unit but average $844 per month. Landlord pays all utilities at an average of Appox. $500 per month. Buyer can view one of the 4 units and the others will be available

    Brett Young eXp Realty, LLC

    Section Image
  • 3046 Central Ave, Indianapolis, IN 46205

    $162,500

    • 3 Beds
    • 1 Bath
    • 3046 Central Ave
    • Indianapolis, IN

    A unique investment opportunity is available, featuring 2-unit property with both units vacant. Perfect for living on one side and renting the other, each unit offers 3 bedrooms and 1 bathroom.

    Kelly Wood RE/MAX At The Crossing

    Section Image
  • 2870 Stuart St, Indianapolis, IN 46218

    $150,000

    • 2 Beds
    • 2 Baths
    • 2870 Stuart St
    • Indianapolis, IN

    Great investment opportunity or home buyer opportunity to live in one side and rent the other! This fully updated duplex offers two charming 1-bedroom, 1-bath units, each with a comfortable living area and kitchen. Both units have been thoughtfully renovated with new cabinets, refreshed bathrooms, and laminate flooring throughout. Whether you're looking to add to your portfolio or start your

    Timeko Whitaker F.C. Tucker Company

    Section Image
  • 1246 W Congress Ave, Indianapolis, IN 46208

    $134,900

    • 2 Beds
    • 1 Bath
    • 1246 W Congress Ave
    • Indianapolis, IN

    Charming duplex offering a total of two units-each featuring 2 bedrooms, 1 bathroom, and its own basement. Perfectly located near Downtown, Newfields, the Children's Museum, golf courses, and other wonderful attractions, this property offers both convenience and charm. Whether you're looking for an investment opportunity or a place to call home, this duplex is ready for you-and there's plenty of

    Salhma Lauro-Alvarado F.C. Tucker Company

    Section Image
  • 1263 W 32nd St, Indianapolis, IN 46208

    $159,900

    • 2 Beds
    • 1 Bath
    • 1263 W 32nd St
    • Indianapolis, IN

    STOP! Look at this well-maintained brick duplex it offers an excellent investment opportunity with long-term potential. Each side of the property features 2 bedrooms and 1 full bathroom, providing functional layouts and consistent rental appeal. One unit is currently vacant-perfect for owner-occupants or investors looking to show, renovate, or rent at market rates. With durable construction,

    Ernest Hanohano-Pastushin F.C. Tucker Company

    Section Image
  • 2507 Rader St, Indianapolis, IN 46208

    $144,900

    • 1 Bed
    • 1 Bath
    • 2507 Rader St
    • Indianapolis, IN

    INVESTOR SPECIAL! Note: this is a package of three structures (2 parcels) containing a single family home, duplex and corner shop. Single is a 1 bed, 1 bath. Duplex has 2, 1 bedroom units (possibly could be converted into 2 bedrooms). Shopfront on the corner is spacious and provides several different possibilities. All structures need work, but are priced accordingly.

    Barry Hines Realty Wealth Advisors

    Section Image

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22059880

MIBOR Broker Listing Cooperative®

APN: 49-07-18-103-416.000-801