513 N Colorado Ave Indianapolis, IN 46201
Near Eastside NeighborhoodEstimated payment $1,120/month
Total Views
55,847
6
Beds
2
Baths
--
Sq Ft
--
Price per Sq Ft
About This Home
Spacious duplex with 3 bedrooms and 1 bath on each side. Ideal for investors or owner-occupants, this property is ready for updates and improvements to unlock its full potential. Live in one unit and rent out the other, or lease both for consistent income. Strong rental demand in the area makes this a great option for those seeking cash flow with value-add upside. This property is in an auction, being sold as-is and where-is. Visit Auction dot com for all details and to place a bid.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 4,748 Sq Ft Lot
Home Design
- Duplex
- Craftsman Architecture
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Washer and Dryer Hookup
- Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Bathrooms
Community Details
- Chas E Reynolds North Tuxedo Add Subdivision
Listing and Financial Details
- Tax Lot 249
- Assessor Parcel Number 491004145147000101
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 | $4,207 | $178,100 | $5,300 | $172,800 |
| 2023 | $4,207 | $172,300 | $5,300 | $167,000 |
| 2022 | $4,030 | $163,900 | $5,300 | $158,600 |
| 2021 | $2,019 | $82,500 | $5,300 | $77,200 |
| 2020 | $2,006 | $81,700 | $2,500 | $79,200 |
| 2019 | $1,909 | $76,100 | $2,500 | $73,600 |
| 2018 | $1,876 | $74,100 | $2,500 | $71,600 |
| 2017 | $1,555 | $68,100 | $2,500 | $65,600 |
| 2016 | $890 | $37,700 | $2,500 | $35,200 |
| 2014 | $623 | $28,800 | $2,500 | $26,300 |
| 2013 | $830 | $39,900 | $2,500 | $37,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/11/2025 09/11/25 | For Sale | $145,000 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Sheriffs Deed | $323,873 | None Listed On Document | |
| Warranty Deed | -- | Bray Miranda D | |
| Warranty Deed | $480,000 | Bray Miranda D | |
| Quit Claim Deed | -- | Bray Miranda D | |
| Warranty Deed | -- | Bray Miranda D | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Quit Claim Deed | $165,000 | Bray Miranda D | |
| Warranty Deed | $165,000 | Bray Miranda D | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $360,000 | New Conventional | |
| Previous Owner | $360,000 | New Conventional | |
| Previous Owner | $1,000,000 | Construction | |
| Previous Owner | $1,000,000 | Construction |
Source: Public Records
About the Listing Agent
After raising three awesome kids and enjoying a successful 22-year career in IT, I turned my focus to my real passion… real estate! There is nothing better than seeing the smiles on the faces of my clients at the closing table! Whether I am helping a first-time buyer navigate through the process of purchasing their first home or helping empty nesters downsize to a smaller home, I am honored to be the professional they have chosen to assist them.
I am a full-time Realtor, team leader, and
James' Other Listings
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22062400
APN: 49-10-04-145-147.000-101
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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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