R
Seller's Agent in 2025
Richard Vinson
Trueblood Real Estate
(317) 494-2279
14 in this area
61 Total Sales
4830 E Washington St Indianapolis, IN 46201
Near Eastside Neighborhood
5
Beds
5
Baths
2,012
Sq Ft
3,703
Sq Ft Lot
About This Home
As of December 2025This recently updated quadplex in Indianapolis presents a prime investment opportunity with strong rental potential. Each of the four units has been modernized with contemporary finishes, updated kitchens and bathrooms, making the property move-in ready and low-maintenance. Located in a rapidly developing area with easy access to downtown, major employers, and local amenities, this property is perfectly positioned to attract reliable tenants and generate steady cash flow. Whether you're a seasoned investor or just starting out, this turnkey asset offers both immediate income and long-term value in one of Indianapolis's most promising neighborhoods. Fully tenant occupied. Units 1,2 & 3 pay $700 base rent plus a $150 utility addendum. Unit 4 pays $1050 base rent + $225 utility addendum.
Last Agent to Sell the Property
Trueblood Real Estate License #RB20000241 Listed on: 06/17/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,410
Year Built
- Built in 1912
Home Design
- Quadruplex
- Split Level Home
- Brick Exterior Construction
- Stone Foundation
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
Additional Features
- 2-Story Property
- 3,703 Sq Ft Lot
- Basement
Community Details
- Moores Sub Blankenship Subdivision
Listing and Financial Details
- Tax Lot 491004103010000101
- Assessor Parcel Number 491004103010000101
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 29, 2022
Sold by
Todd Martin
Bought by
Tmjr Investments Llc
Purchase Details
Listed on
Sep 27, 2021
Closed on
Jan 19, 2022
Sold by
Wayde Coleman
Bought by
Martin Todd
Seller's Agent
Luce Simon-William
L.William Realty LLC
Buyer's Agent
Luce Simon-William
L.William Realty LLC
List Price
$215,000
Sold Price
$168,000
Premium/Discount to List
-$47,000
-21.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%
Purchase Details
Listed on
Sep 27, 2021
Closed on
Jan 6, 2022
Sold by
Wayde Coleman
Bought by
Martin Todd
Seller's Agent
Luce Simon-William
L.William Realty LLC
Buyer's Agent
Luce Simon-William
L.William Realty LLC
List Price
$215,000
Sold Price
$168,000
Premium/Discount to List
-$47,000
-21.86%
Purchase Details
Closed on
Jun 8, 2020
Sold by
Baumgartner Joshua D and Baumgartner Jill K
Bought by
Coleman Wayde
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 12, 2016
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 16, 2016
Sold by
Mcneely Harry W and Mcneely Sharon L
Bought by
Oceanpointe Investments Limited
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 5, 2015
Sold by
Mnr 1903 Llc
Bought by
Mcneely Harry W and Mcneely Sharon L
Purchase Details
Closed on
Oct 18, 2006
Sold by
Mcneely Harry W and Mcneely Sharon L
Bought by
Mnr1903 L L C
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Shambaugh Kast Beck & Williams | |
| Warranty Deed | -- | Shambaugh Kast Beck & Williams | |
| Warranty Deed | $168,000 | Shambaugh Kast Beck & Williams | |
| Warranty Deed | $115,000 | Monument Title | |
| Deed | $90,000 | -- | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $75,000 | New Conventional | |
| Previous Owner | $110,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/31/2025 12/31/25 | Sold | $225,000 | -10.0% | $112 / Sq Ft | |
| 11/04/2025 11/04/25 | Pending | -- | -- | -- | |
| 10/29/2025 10/29/25 | Price Changed | $250,000 | -12.3% | $124 / Sq Ft | |
| 10/28/2025 10/28/25 | For Sale | $285,000 | 0.0% | $142 / Sq Ft | |
| 08/22/2025 08/22/25 | Pending | -- | -- | -- | |
| 08/15/2025 08/15/25 | For Sale | $285,000 | 0.0% | $142 / Sq Ft | |
| 07/26/2025 07/26/25 | Pending | -- | -- | -- | |
| 07/23/2025 07/23/25 | Price Changed | $285,000 | -3.4% | $142 / Sq Ft | |
| 06/27/2025 06/27/25 | For Sale | $295,000 | +31.1% | $147 / Sq Ft | |
| 06/17/2025 06/17/25 | Off Market | $225,000 | -- | -- | |
| 06/17/2025 06/17/25 | Pending | -- | -- | -- | |
| 06/17/2025 06/17/25 | For Sale | $295,000 | +75.6% | $147 / Sq Ft | |
| 01/07/2022 01/07/22 | Sold | $168,000 | -21.9% | $58 / Sq Ft | View Prior Sale |
| 12/22/2021 12/22/21 | Pending | -- | -- | -- | |
| 09/27/2021 09/27/21 | For Sale | $215,000 | -- | $74 / Sq Ft |
Source: MIBOR Broker Listing Cooperative®
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 | $3,566 | $139,000 | $17,000 | $122,000 |
| 2023 | $3,566 | $142,600 | $17,000 | $125,600 |
| 2022 | $3,591 | $144,400 | $17,000 | $127,400 |
| 2021 | $3,089 | $126,100 | $17,000 | $109,100 |
| 2020 | $2,742 | $110,700 | $5,900 | $104,800 |
| 2019 | $2,450 | $96,300 | $5,900 | $90,400 |
| 2018 | $2,183 | $84,300 | $5,900 | $78,400 |
| 2017 | $3,392 | $80,000 | $5,900 | $74,100 |
| 2016 | $1,410 | $59,600 | $5,900 | $53,700 |
| 2014 | $1,204 | $55,700 | $5,900 | $49,800 |
| 2013 | -- | $51,700 | $5,900 | $45,800 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Vinson
-
Luce Simon-William
Seller's Agent in 2022
Luce Simon-William
L.William Realty LLC
(317) 934-0603
5 in this area
56 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22044613
APN: 49-10-04-103-010.000-101
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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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