PENDING
$16K PRICE DROP
46 N Ritter Ave Indianapolis, IN 46219
Irvington NeighborhoodEstimated payment $3,028/month
Total Views
10,349
6
Beds
4
Baths
--
Sq Ft
--
Price per Sq Ft
About This Home
Great Investment Opportunity in Irvington - Updated Fourplex with Prime Location! This well-maintained Fourplex is an excellent addition to any investment portfolio. Featuring a mix of 2-bedroom and 1-bedroom units. Unit A has a long term resident with a lease through 9/2025, Unit B has a newly signed lease that is through 4/2026 and Unit D has long term resident with a lease through 11/2025, while Unit C is currently vacant, providing a great opportunity for immediate occupancy or rental income. Conveniently located just a short distance from the heart of Irvington, residents will enjoy easy access to public transportation, retail shops, dining options, and are within close proximity to Downtown Indianapolis. Whether you're interested in long-term rentals, short-term leasing or house hacking, this property offers versatility and the potential for steady returns. Don't miss out on this promising investment!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,874
Year Built
- Built in 1915
Lot Details
- 0.31 Acre Lot
Home Design
- Wood Siding
Interior Spaces
- 2-Story Property
- Fire and Smoke Detector
- Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Community Details
- Levi Ritters Subdivision
Listing and Financial Details
- Tax Lot 10 & 11
- Assessor Parcel Number 491003104046002701
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 | $6,011 | $389,900 | $70,600 | $319,300 |
| 2023 | $6,011 | $247,600 | $70,600 | $177,000 |
| 2022 | $5,063 | $208,700 | $70,600 | $138,100 |
| 2021 | $4,092 | $171,600 | $70,600 | $101,000 |
| 2020 | $3,420 | $142,000 | $43,100 | $98,900 |
| 2019 | $3,455 | $140,900 | $43,100 | $97,800 |
| 2018 | $3,176 | $128,000 | $43,100 | $84,900 |
| 2017 | $2,661 | $119,500 | $43,100 | $76,400 |
| 2016 | $2,561 | $112,400 | $43,200 | $69,200 |
| 2014 | $2,015 | $93,200 | $21,600 | $71,600 |
| 2013 | $2,075 | $92,100 | $21,600 | $70,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/20/2025 05/20/25 | Pending | -- | -- | -- |
| 04/14/2025 04/14/25 | Price Changed | $469,500 | -3.2% | -- |
| 03/29/2025 03/29/25 | Price Changed | $484,999 | 0.0% | -- |
| 02/07/2025 02/07/25 | For Sale | $485,000 | 0.0% | -- |
| 07/29/2022 07/29/22 | Rented | $975 | +2.6% | -- |
| 07/28/2022 07/28/22 | Under Contract | -- | -- | -- |
| 07/14/2022 07/14/22 | For Rent | $950 | 0.0% | -- |
| 07/05/2022 07/05/22 | Sold | $435,000 | +13.0% | -- |
| 04/18/2022 04/18/22 | Pending | -- | -- | -- |
| 04/14/2022 04/14/22 | For Sale | $385,000 | 0.0% | -- |
| 11/30/2021 11/30/21 | Rented | -- | -- | -- |
| 11/29/2021 11/29/21 | Under Contract | -- | -- | -- |
| 10/28/2021 10/28/21 | For Rent | $900 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $435,000 | Mccollister Adrienne | |
| Warranty Deed | $186,000 | None Available | |
| Warranty Deed | $186,000 | Bray Miranda D | |
| Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | Royal Title Services | |
| Quit Claim Deed | -- | Royal Title Services | |
| Special Warranty Deed | -- | None Available | |
| Sheriffs Deed | $137,390 | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $190,000 | New Conventional | |
| Previous Owner | $101,250 | New Conventional | |
| Previous Owner | $50,400 | Purchase Money Mortgage | |
| Previous Owner | $0 | Unknown | |
| Closed | $0 | Unknown |
Source: Public Records
Similar Homes in Indianapolis, IN
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22021277
APN: 49-10-03-104-046.002-701
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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