5901 W Morris St Indianapolis, IN 46241
Garden City NeighborhoodEstimated payment $1,254/month
Highlights
- Laundry Room
- 1-Story Property
- Baseboard Heating
- Ben Davis University High School Rated A
About This Home
Stop searching and start earning! This well maintained duplex at 5901 is a rare, fully occupied, investment property that delivers reliable cash flow from day one. Whether you're a first time investor looking for a solid entry point into the lucrative Indianapolis real estate market or a seasoned professional aiming to expand your growing portfolio, this duplex is an exceptional find.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,456
Year Built
- Built in 1969
Lot Details
- 7,971 Sq Ft Lot
Home Design
- Duplex
- Brick Exterior Construction
Interior Spaces
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
Community Details
- Lookout Gardens Subdivision
Listing and Financial Details
- Tax Lot 520
- Assessor Parcel Number 491213106002000930
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 | $2,562 | $104,500 | $6,300 | $98,200 |
| 2023 | $2,562 | $96,500 | $6,300 | $90,200 |
| 2022 | $2,527 | $96,500 | $6,300 | $90,200 |
| 2021 | $1,957 | $66,100 | $6,300 | $59,800 |
| 2020 | $1,734 | $56,900 | $6,300 | $50,600 |
| 2019 | $1,821 | $58,900 | $6,300 | $52,600 |
| 2018 | $1,496 | $50,900 | $6,300 | $44,600 |
| 2017 | $1,509 | $51,700 | $6,300 | $45,400 |
| 2016 | $1,369 | $46,500 | $6,300 | $40,200 |
| 2014 | $862 | $43,100 | $6,300 | $36,800 |
| 2013 | $890 | $44,500 | $6,300 | $38,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/12/2025 11/12/25 | For Sale | $199,000 | 0.0% | -- | |
| 11/27/2018 11/27/18 | Rented | $625 | 0.0% | -- | |
| 10/09/2018 10/09/18 | For Rent | $625 | 0.0% | -- | |
| 03/02/2018 03/02/18 | Sold | $71,500 | -10.5% | $102 / Sq Ft | View Prior Sale |
| 02/17/2018 02/17/18 | Pending | -- | -- | -- | |
| 02/12/2018 02/12/18 | For Sale | $79,900 | -- | $113 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $85,000 | First American Title Insurance | |
| Deed | $143,000 | -- | |
| Deed | -- | None Available | |
| Deed | $143,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $63,750 | New Conventional |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22072897
APN: 49-12-13-106-002.000-930
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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