$459,900
PENDING $40K PRICE DROP

Estimated payment $3,114/month

Total Views 5,305
8 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • View of Trees or Woods
  • Balcony
  • Forced Air Heating and Cooling System
  • 0.53 Acre Lot

About This Home

Welcome to a prime investment opportunity in one of Indianapolis' most desirable locations! 6016 Dixon Road offers four mirrored two-bedroom, one-bath units, each thoughtfully designed with an open-concept layout and a modern kitchen island as the centerpiece. Every unit is fully turnkey and rent-ready, with consistent rental income of $1,100 per month. To make showings seamless, the owner has intentionally left one unit vacant for prospective buyers to tour. The upper-level units feature private balconies, while all units enjoy the convenience of a covered carport. Each apartment is equipped with central air conditioning and efficient forced-air heating for year-round comfort. This property checks all the boxes: strong cash flow, well-maintained interiors, and an unbeatable location that continues to appreciate in value. Whether you're looking to expand your portfolio or secure a high-demand rental property in a thriving area, this one is ready to perform from day one.

Listing Agent

Jacob Deacon

eXp Realty, LLC License #RB23000132 Listed on: 08/31/2025

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960 | Remodeled

Parking

  • Carport

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Views of Woods
  • Basement
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Ductless Heating Or Cooling System
  • Heat Pump System

Additional Features

  • Balcony
  • 0.53 Acre Lot

Listing and Financial Details

  • Tax Lot 4011908
  • Assessor Parcel Number 490711102031000401

Property Details

Home Type

Multi-Family

Year Built

Built in 1960 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1960
  • Lot Size Acres: 0.53
  • Road Surface Type: Asphalt
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Exterior Entry
  • Levels: Two, One
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Possible Use: Residential

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Balcony
  • Property Condition: Updated/Remodeled
  • View: Trees/Woods
  • View Y N: Yes
  • Road Access: Access Rd

Garage/Parking

  • Carport Spaces: 4
  • Parking Features: Carport
  • Unit Parking: Covered,Paved Area

Utilities

  • Cooling: Central Air, Ductless, Heat Pump
  • Heating: Forced Air, Natural Gas, Heat Pump
  • Security Features: Smoke Detector(s)
  • Solid Waste: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 23000
  • Parcel Number: 490711102031000401
  • Acres: 1/2-1 Acre

Tax Info

  • Tax Annual Amount: 12710
  • Tax Lot: 4011908
  • Semi Annual Property Tax Amt: 6355

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $8,224 $535,600 $31,800 $503,800
2023 $8,224 $336,600 $31,800 $304,800
2022 $6,471 $269,500 $31,800 $237,700
2021 $2,912 $121,700 $14,500 $107,200
2020 $2,599 $107,900 $14,500 $93,400
2019 $2,548 $103,800 $14,500 $89,300
2018 $2,566 $103,800 $14,500 $89,300
2017 $2,502 $113,600 $14,500 $99,100
2016 $2,330 $108,000 $14,500 $93,500
2014 $2,320 $107,300 $14,500 $92,800
2013 $2,612 $107,200 $14,400 $92,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2025 10/27/25 Pending -- -- --
10/09/2025 10/09/25 Price Changed $459,900 -5.2% --
10/01/2025 10/01/25 Price Changed $485,000 -1.0% --
10/01/2025 10/01/25 Price Changed $489,900 -1.6% --
09/15/2025 09/15/25 Price Changed $497,900 -0.4% --
08/31/2025 08/31/25 For Sale $499,900 +12.1% --
02/05/2024 02/05/24 Sold $446,000 +0.2% -- View Prior Sale
12/16/2023 12/16/23 Pending -- -- --
12/15/2023 12/15/23 For Sale $445,000 +111.9% --
02/18/2021 02/18/21 Sold $210,000 0.0% -- View Prior Sale
12/30/2020 12/30/20 Pending -- -- --
12/26/2020 12/26/20 For Sale $210,000 -- --
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $210,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $431,114 FHA
Previous Owner $431,114 Construction
Previous Owner $146,250 New Conventional
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22059651

MIBOR Broker Listing Cooperative®

APN: 49-07-11-102-031.000-401