$417,000

Estimated payment $3,072/month

Total Views 101
4 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Craftsman Architecture
  • Forced Air Heating System
  • Wood Siding
  • Mature Trees

About This Home

Live in one side and let the other help pay the mortgage! This updated duplex offers a fantastic opportunity for an owner-occupant looking to house hack or an investor seeking a versatile addition to their portfolio. Each unit features 2 bedrooms, 1.5 baths, plus finished third-floor attic space offering valuable flexibility as a bonus room, home office, dressing area, hobby space, or additional storage. Both units have benefited from numerous updates and improvements. The 515 side features renovated bathrooms, updated kitchen finishes including granite and butcher block countertops, updated plumbing and light fixtures, newer carpeting, a repaired rear porch, replacement dishwasher and recently replaced washing machine. A portion of the exterior sewer line serving the property was also replaced approximately two years ago. The 517 side has been freshly painted throughout and features new granite kitchen countertops, an updated upstairs bathroom, updated plumbing and light fixtures, newer carpeting throughout the stairways and third floor, a newer refrigerator, and recently replaced washer and dryer. The rear deck has also received additional repairs and fresh paint. With two spacious units, flexible finished attic areas, separate living spaces, and extensive updates already completed, this property offers options for a variety of buyers. Live in one unit while generating rental income from the other, rent both units for investment income, or create a multigenerational living arrangement while maintaining separate spaces.Conveniently located with access to everything Indianapolis has to offer, 515-517 Sutherland is ready for its next chapter. Home is on Indiana Historic Landmark Registry (see attached covenant).

Listing Agent

Dawn McClara

F.C. Tucker Company Brokerage Email: dawn.mcclara@talktotucker.com License #RB14040374 Listed on: 09/05/2026

F.C. Tucker Company

Co-Listing Agent

Will Lonnemann

F.C. Tucker Company Brokerage Email: dawn.mcclara@talktotucker.com License #RB14045710

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,248

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 3,311 Sq Ft Lot
  • Mature Trees

Home Design

  • Duplex
  • Craftsman Architecture
  • Traditional Architecture
  • Brick Foundation
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Fire and Smoke Detector
  • Washer and Dryer Hookup
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

  • Wrights Park Ave Subdivision

Listing and Financial Details

  • Tax Lot 25 and 24
  • Assessor Parcel Number 490625113035000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,248

Year Built

Built in 1900 | Remodeled

Lot Details

3,311 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Craftsman, Traditional
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2025
  • Year Built: 1900
  • Co List Office Phone: 317-686-0612
  • Lot Size Acres: 0.08
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: Wrights Park Ave
  • Transaction Type: Sale
  • Conversion: No
  • Multi Rooms: 12
  • Attribution Contact: dawn.mcclara@talktotucker.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Three Or More
  • Total Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Shingle
  • Construction Materials: Wood Siding
  • Direction Faces: North
  • Fencing: Partial
  • Foundation Details: Brick
  • Property Condition: Updated/Remodeled
  • Road Access: Street Cuts

Garage/Parking

  • Unit Parking: Guest Parking,Unpaved

Utilities

  • Cooling: Separate Meters
  • Heating: Forced Air
  • Laundry Features: Connections All
  • Security Features: Smoke Detector(s)
  • Solid Waste: Yes

Lot Info

  • Lot Features: Sidewalks, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Size Sq Ft: 3311
  • Parcel Number: 490625113035000101
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 9248
  • Tax Lot: 25 and 24
  • Semi Annual Property Tax Amt: 4624
  • Tax Exemption: None

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $8,538 $388,200 $34,600 $353,600
2024 $6,282 $359,800 $34,600 $325,200
2023 $6,282 $359,800 $34,600 $325,200
2022 $6,024 $328,200 $34,600 $293,600
2021 $4,146 $244,400 $16,600 $227,800
2020 $5,774 $244,400 $16,600 $227,800
2019 $5,618 $233,200 $16,600 $216,600
2018 $3,138 $124,400 $16,600 $107,800
2017 $2,589 $119,800 $16,600 $103,200
2016 $2,532 $119,800 $16,600 $103,200
2014 $27 $114,400 $16,600 $97,800
2013 $27 $114,400 $16,600 $97,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/05/2026 09/05/26 For Sale $417,000 +21.6% --
09/02/2021 09/02/21 Sold $343,000 +4.3% $279 / Sq Ft View Prior Sale
07/12/2021 07/12/21 Pending -- -- --
07/10/2021 07/10/21 For Sale $329,000 -- $267 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22124636

MIBOR Broker Listing Cooperative®

APN: 49-06-25-113-035.000-101

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