520 E 11th St Indianapolis, IN 46202
Chatham Arch NeighborhoodEstimated payment $4,664/month
About This Home
Seeing triple with this blue-chip Chatham Arch Triplex! This income-producing property is in pristine condition and ready to be added to your portfolio. The location doesn't get much better, with easy access to all things Massachusetts Avenue and Bottleworks. These units are well updated and well maintained, equipped with hardwood floors, large windows, and preserved historic qualities that really make the property shine. Parking for tenants behind the property is a plus, and street parking is easy. First-floor unit is rented for $1,760 per month; the lease expires on 8/31/2026. Second-floor unit is rented for $1,550 per month; the lease expires on 4/30/2026. Third-floor unit is rented for $1,230 per month; the lease expires on 8/31/2026. Tenants pay all utilities except water. This one is a no-brainer!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,378
Year Built
- Built in 1900
Home Design
- Triplex
- Wood Siding
Interior Spaces
- 3-Story Property
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Additional Features
- 4,225 Sq Ft Lot
- Property is near a bus stop
Community Details
- Ovid Butlers Subdivision
Listing and Financial Details
- The owner pays for water
- Tax Lot 91
- Assessor Parcel Number 490636227075000101
Map
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 | $9,673 | $437,300 | $75,100 | $362,200 |
| 2023 | $9,673 | $402,200 | $75,100 | $327,100 |
| 2022 | $9,729 | $395,200 | $75,100 | $320,100 |
| 2021 | $8,632 | $368,500 | $34,500 | $334,000 |
| 2020 | $8,575 | $364,700 | $34,500 | $330,200 |
| 2019 | $7,891 | $328,800 | $34,500 | $294,300 |
| 2018 | $5,645 | $231,600 | $34,500 | $197,100 |
| 2017 | $4,782 | $219,300 | $34,500 | $184,800 |
| 2016 | $4,602 | $215,500 | $34,500 | $181,000 |
| 2014 | $4,497 | $208,000 | $34,500 | $173,500 |
| 2013 | $4,324 | $208,000 | $34,500 | $173,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/15/2025 12/15/25 | Pending | -- | -- | -- |
| 08/28/2025 08/28/25 | For Sale | $725,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22059184
APN: 49-06-36-227-075.000-101
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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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