$129,900
PENDING

Estimated payment $804/month

Total Views 12,717
2 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Corner Lot
  • 1-Story Property
  • Forced Air Heating System
  • 2 Car Detached Garage
  • Property is near bus stop

About This Home

Fantastic Forest Manor duplex that beats the 1% rule. Spacious 1/1 units on each side that come with large living rooms, separate kitchen and dining room and an unfinished basement. Live in one side and rent out the other or cash flow from Day 1 as one side is market ready. Long term tenant at $625/month while current market rents are shown at $725-$750/month. Located on Bus Line #2 (stop in front of house) with 30 minute service connecting you to various areas of Indianapolis through 15 different connections or bringing you to the transit center Downtown.

Listing Agent

Justin Capps

Ferris Property Group Brokerage Email: justin@ferrispropertygroup.com License #RB15000801 Listed on: 02/05/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,552

Year Built

  • Built in 1940

Lot Details

  • 10,193 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Washer and Dryer Hookup
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Location

  • Property is near bus stop

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Forest Manor Subdivision

Listing and Financial Details

  • Legal Lot and Block 846 / C
  • Assessor Parcel Number 490721127167000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,552

Year Built

Built in 1940

Lot Details

10,193 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1940
  • Lot Size Acres: 0.23
  • Structure Type: Duplex
  • Subdivision Name: Forest Manor
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • Multi Rooms: 8
  • Attribution Contact: justin@ferrispropertygroup.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Levels: One
  • Total Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Construction Materials: Aluminum Siding
  • Direction Faces: South
  • Foundation Details: Block
  • Road Access: Street Cuts

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Unit Parking: 2 Car Space,On Street,Unpaved

Utilities

  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Connections All
  • Solid Waste: No

Lot Info

  • Lot Features: Busline, Corner Lot, Storm Sewer
  • Property Attached Yn: No
  • Current Use: Apt<20
  • Lot Size Sq Ft: 10193
  • Parcel Number: 490721127167000101
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 1552
  • Tax Block: C
  • Tax Lot: 846
  • Semi Annual Property Tax Amt: 776
  • Tax Exemption: None

Map

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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 $1,621 $65,400 $7,700 $57,700
2023 $1,621 $61,700 $7,700 $54,000
2022 $1,578 $60,300 $7,700 $52,600
2021 $1,314 $50,400 $7,700 $42,700
2020 $1,111 $41,600 $2,600 $39,000
2019 $1,146 $42,400 $2,600 $39,800
2018 $1,152 $42,400 $2,600 $39,800
2017 $1,033 $42,100 $2,600 $39,500
2016 $953 $39,300 $2,600 $36,700
2014 $796 $36,800 $2,600 $34,200
2013 $835 $36,800 $2,600 $34,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2026 02/11/26 Pending -- -- --
02/05/2026 02/05/26 For Sale $129,900 0.0% --
03/04/2015 03/04/15 Rented $400 0.0% --
03/04/2015 03/04/15 Under Contract -- -- --
11/19/2014 11/19/14 For Rent $400 -- --
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Bray Miranda D
Warranty Deed -- Bray Miranda D
Warranty Deed -- Bray Miranda D
Warranty Deed $30,000 Bray Miranda D
Warranty Deed -- Bray Miranda D
Deed $2,600 --
Deed $2,567 --
Warranty Deed -- Investors Titlecorp
Warranty Deed -- Investors Titlecorp
Quit Claim Deed -- Investors Titlecorp
Source: Public Records

About the Listing Agent

Justin Capps

Ferris Property Group

(463) 300-6559

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I'm an expert real estate agent with Ferris Property Group in Indianapolis, IN and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22082772

MIBOR Broker Listing Cooperative®

APN: 49-07-21-127-167.000-101

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