601 Manhattan Ave Indianapolis, IN 46241
Garden City Neighborhood
4
Beds
2
Baths
780
Sq Ft
7,144
Sq Ft Lot
Highlights
- 1-Story Property
- Ben Davis University High School Rated A
- Forced Air Heating System
About This Home
As of April 2025Welcome to this fantastic turn-key duplex located just a stone's throw from Speedway on Indy's west side. Both sides are tenant occupied, offering immediate cash flow from day 1. Each unit features 2 bedrooms & 1 bathroom, a comfortable living room, a well-equipped kitchen, and a laundry closet. This duplex offers reliable rental income, so whether you're a seasoned or a first-time investor, this property is a must-see. Don't miss out on this chance to add a high-performing duplex to your investment portfolio.
Last Agent to Sell the Property
Keller Williams Indy Metro NE Brokerage Email: tom@teamendicott.com License #RB14019412 Listed on: 03/28/2025
Co-Listed By
Michael Ernest
Dropped Members Brokerage Email: tom@teamendicott.com License #RB16000416
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,578
Year Built
- Built in 1964
Home Design
- Duplex
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Additional Features
- 1-Story Property
- 7,144 Sq Ft Lot
- Forced Air Heating System
Community Details
- Biltmore Gardens Subdivision
Listing and Financial Details
- Tenant pays for all utilities
- The owner pays for not applic
- Tax Lot 82-83
- Assessor Parcel Number 491212111550000930
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2025
Closed on
Apr 21, 2025
Sold by
Hoss Neal
Bought by
Panella Kevin
Seller's Agent
Tom Endicott
Keller Williams Indy Metro NE
Buyer's Agent
Tasheana Hanza
Hanza Realty, LLC
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%
Views
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,000
Avg. Annual Appreciation
2.32%
Purchase Details
Closed on
Jan 14, 2017
Sold by
Blue Sky Homes Llc
Bought by
Hoss Neal
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
4.19%
Purchase Details
Closed on
Aug 2, 2016
Sold by
Oceanpointe Investments Limited
Bought by
Blue Sky Homes Llc
Purchase Details
Closed on
Sep 15, 2015
Sold by
Hildebrandt Loree A and Hildebrandt Hiram
Bought by
Hildebrandt Loree and The Loree Hildebrandt Living T
Similar Homes in Indianapolis, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $145,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | Mtc | |
| Deed | -- | Mtc | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $52,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/22/2025 04/22/25 | Sold | $145,000 | -3.3% | $186 / Sq Ft |
| 04/02/2025 04/02/25 | Pending | -- | -- | -- |
| 03/28/2025 03/28/25 | For Sale | $149,900 | 0.0% | $192 / Sq Ft |
| 04/15/2024 04/15/24 | Rented | $899 | 0.0% | -- |
| 03/04/2024 03/04/24 | For Rent | $899 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
Tax History Compared to Growth
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 | $2,915 | $118,700 | $5,500 | $113,200 |
| 2023 | $2,915 | $109,700 | $5,500 | $104,200 |
| 2022 | $2,884 | $109,700 | $5,500 | $104,200 |
| 2021 | $2,255 | $75,100 | $5,500 | $69,600 |
| 2020 | $1,974 | $64,500 | $5,500 | $59,000 |
| 2019 | $1,924 | $61,700 | $5,500 | $56,200 |
| 2018 | $1,575 | $53,100 | $5,500 | $47,600 |
| 2017 | $1,587 | $53,900 | $5,500 | $48,400 |
| 2016 | $1,046 | $33,900 | $5,500 | $28,400 |
| 2014 | $658 | $32,700 | $5,500 | $27,200 |
| 2013 | $698 | $34,100 | $5,500 | $28,600 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Tom Endicott
Keller Williams Indy Metro NE
(317) 696-6161
1 in this area
406 Total Sales
-
M
Seller Co-Listing Agent in 2025
Michael Ernest
Dropped Members
-
Buyer's Agent in 2025
Tasheana Hanza
Hanza Realty, LLC
(317) 800-4438
3 in this area
129 Total Sales
-
Seller's Agent in 2024
Mark Jones
PMI Midwest
(463) 207-9326
1 in this area
134 Total Sales
Map
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22029582
APN: 49-12-12-111-550.000-930
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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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