$449,999
$25K PRICE DROP

Estimated payment $2,480/month

Total Views 1,055
2 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Turnkey investment opportunity featuring a new construction duplex in a rapidly developing area near downtown Indianapolis. This well-maintained property offers modern finishes that attract and retain quality tenants, including granite countertops, white shaker cabinetry, stainless steel appliances, luxury flooring, and spacious open-concept living areas. Each unit is thoughtfully designed with private entrances, dedicated parking, in-unit laundry, and functional floor plans that provide strong rental appeal. Located just minutes from downtown Indianapolis, major employers, hospitals, universities, and interstate access, the property benefits from a highly desirable location with consistent rental demand. With low-maintenance construction, contemporary finishes, and established tenancy, this asset provides investors the opportunity to acquire a stabilized income-producing property with long-term growth potential in one of Indianapolis's most active rental markets.

Listing Agent

Nicole Crouch

Crossroads Realty, LLC Brokerage Email: crossroadsrealty@outlook.com License #RB14036446 Listed on: 06/15/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $78

Year Built

  • Built in 2025

Lot Details

  • 4,182 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Community Details

  • Merritt Place Subdivision

Listing and Financial Details

  • Tax Lot 126
  • Assessor Parcel Number 491103111129000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$78

Year Built

Built in 2025

Lot Details

4,182 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 2025
  • Lot Size Acres: 0.1
  • Subdivision Name: Merritt Place
  • Transaction Type: Sale
  • Conversion: No
  • Attribution Contact: crossroadsrealty@outlook.com
  • Special Features: NewHome

Interior Features

  • Total Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Road Access: Access Rd

Garage/Parking

  • Garage Spaces: 1
  • Unit Parking: 1 Car Garage

Utilities

  • Solid Waste: Yes

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 4182
  • Parcel Number: 491103111129000101
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 78
  • Tax Lot: 126
  • Semi Annual Property Tax Amt: 39

Map

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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 $2,267 $93,700 $3,300 $90,400
2024 $92 $3,300 $3,300
2023 $92 $3,300 $3,300 $0
2022 $757 $3,300 $3,300 $0
2021 $98 $3,300 $3,300 $0
2020 $98 $3,300 $3,300 $0
2019 $99 $3,300 $3,300 $0
2018 $667 $3,300 $3,300 $0
2017 $70 $3,300 $3,300 $0
2016 $74 $3,300 $3,300 $0
2014 $74 $3,300 $3,300 $0
2013 $74 $3,300 $3,300 $0
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
07/09/2026 07/09/26 Price Changed $449,999 -5.3% --
06/15/2026 06/15/26 For Sale $475,000 0.0% --
05/01/2026 05/01/26 Rented $1,695 0.0% --
04/10/2026 04/10/26 Under Contract -- -- --
03/06/2026 03/06/26 Price Changed $1,695 -3.1% $2 / Sq Ft
08/03/2025 08/03/25 For Rent $1,750 -- --
Source: MIBOR Broker Listing Cooperative®

Purchase 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 Type Sale Price Title Company
Warranty Deed -- Quality Title
Quit Claim Deed $1,600 None Available
Quit Claim Deed $600 None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $1,774 None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Closed $249,000 Construction
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22108327

MIBOR Broker Listing Cooperative®

APN: 49-11-03-111-129.000-101

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