4830 E Washington St Indianapolis, IN 46201
Near Eastside NeighborhoodEstimated payment $1,921/month
Total Views
272
5
Beds
5
Baths
--
Sq Ft
--
Price per Sq Ft
About This Home
This 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. Units 2 & 4 are tenant occupied. Unit 2 pays $700 base rent plus a $150 utility addendum. Unit 4 pays $1050 base rent + $225 utility addendum. Units 1 & 3 both have approved applicants moving in 7/1 that will be paying $700/month + $150 utility addendum.
Listing Agent
Trueblood Real Estate Brokerage Email: RVinson@TruebloodRE.com 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
- Brick Exterior Construction
- Stone Foundation
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Utilities
- Window Unit Cooling System
- Forced Air Heating System
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
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 | $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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2025 06/27/25 | For Sale | $295,000 | 0.0% | -- |
| 06/17/2025 06/17/25 | Off Market | $295,000 | -- | -- |
| 06/17/2025 06/17/25 | Pending | -- | -- | -- |
| 06/17/2025 06/17/25 | For Sale | $295,000 | +75.6% | -- |
| 01/07/2022 01/07/22 | Sold | $168,000 | -21.9% | $58 / Sq Ft |
| 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®
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 |
|---|---|---|---|
| Open | $175,000 | New Conventional | |
| Previous Owner | $75,000 | New Conventional | |
| Previous Owner | $110,000 | Purchase Money Mortgage |
Source: Public Records
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Source: MIBOR Broker Listing Cooperative®
MLS Number: 22044613
APN: 49-10-04-103-010.000-101
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