515 Sutherland Ave Indianapolis, IN 46205
Near Northside NeighborhoodEstimated payment $3,072/month
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
F.C. Tucker Company Brokerage Email: dawn.mcclara@talktotucker.com License #RB14040374 Listed on: 09/05/2026
Co-Listing Agent
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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®
MLS Number: 22124636
APN: 49-06-25-113-035.000-101
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Ask me questions while you tour the home.