5713 Bluff Rd Indianapolis, IN 46217
Southdale NeighborhoodEstimated payment $2,116/month
Highlights
- 1.05 Acre Lot
- 1-Story Property
- Forced Air Heating and Cooling System
- Perry Meridian Middle School Rated A-
About This Home
Prime cash-flowing quadplex located in Perry Township on Indy's quiet southside, offering two freestanding buildings-one triplex and one standalone unit. Three of the four units are currently rented, providing steady income with room to grow. Unit A is a 2-bedroom that was last rented for $1,135 and could be increased to $1,150-$1,200. Unit B is a 1-bedroom rented at $760 through 10/31/25, Unit C is a 1-bedroom rented at $640 through 9/30/25, and Unit D is a 1-bedroom rented at $900 through 4/30/26. Tenants pay their own gas and electric with separate meters, and the property runs on well and septic to reduce overhead. Located in a safe, desirable school district, this is a strong opportunity for investors looking for a high-yield, low-maintenance asset.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,260
Year Built
- Built in 1929
Home Design
- Quadruplex
- Block Foundation
Interior Spaces
- 1-Story Property
- Unfinished Basement
- Natural lighting in basement
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Additional Features
- 1.05 Acre Lot
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tax Lot 491402122004000500
- Assessor Parcel Number 491402122004000500
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 | $6,125 | $232,300 | $25,000 | $207,300 |
| 2023 | $6,125 | $230,300 | $25,000 | $205,300 |
| 2022 | $5,523 | $205,700 | $25,000 | $180,700 |
| 2021 | $4,766 | $173,800 | $25,000 | $148,800 |
| 2020 | $4,664 | $169,100 | $25,000 | $144,100 |
| 2019 | $5,021 | $153,500 | $21,200 | $132,300 |
| 2018 | $3,917 | $141,600 | $21,200 | $120,400 |
| 2017 | $3,737 | $134,700 | $21,200 | $113,500 |
| 2016 | $3,454 | $123,900 | $21,200 | $102,700 |
| 2014 | $2,947 | $121,500 | $21,200 | $100,300 |
| 2013 | $1,331 | $121,500 | $21,200 | $100,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/04/2025 12/04/25 | For Sale | $320,000 | 0.0% | -- |
| 11/19/2025 11/19/25 | Pending | -- | -- | -- |
| 11/15/2025 11/15/25 | Price Changed | $320,000 | -1.5% | -- |
| 09/26/2025 09/26/25 | For Sale | $325,000 | 0.0% | -- |
| 07/14/2025 07/14/25 | Pending | -- | -- | -- |
| 05/08/2025 05/08/25 | Price Changed | $325,000 | -1.5% | -- |
| 04/11/2025 04/11/25 | For Sale | $330,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Hocker Janet Davis | |
| Warranty Deed | $210,000 | Hocker Janet Davis | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Special Warranty Deed | -- | None Available | |
| Deed | $63,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $669,200 | New Conventional | |
| Closed | $669,200 | New Conventional | |
| Previous Owner | $200,000 | Construction | |
| Previous Owner | $200,000 | Construction | |
| Previous Owner | $128,269 | New Conventional | |
| Previous Owner | $439,000 | Purchase Money Mortgage |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22032195
APN: 49-14-02-122-004.000-500
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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