602 S Biltmore Ave Indianapolis, IN 46241
Garden City NeighborhoodEstimated payment $1,520/month
Highlights
- 1-Story Property
- Ben Davis University High School Rated A
- Forced Air Heating and Cooling System
About This Home
Turnkey All-Brick Duplex in Indianapolis - Ideal Investment Opportunity! This fantastic duplex in the heart of Indianapolis is a perfect opportunity for investors or owner-occupants looking for an income-generating property. Each unit features spacious living areas, well-appointed kitchens, comfortable bedrooms, and in-unit laundry hookups, offering a great layout for tenants. The property boasts separate entrances, utilities, and ample parking, ensuring convenience and privacy for each resident. The exterior is all brick, providing durability, low maintenance, and classic curb appeal. Located in a desirable neighborhood and just minutes from downtown Indianapolis, shopping, dining, parks, and major highways, making it an attractive rental option. With strong rental potential and move-in-ready condition, this property won't last long! This spacious duplex offers functional layouts, separate utilities, and private entrances, providing a seamless living experience for both units. The prime location near downtown ensures easy access to amenities, while the property's income-generating potential makes it a smart investment. Don't miss out on this prime investment opportunity!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1968
Parking
- Common or Shared Parking
Home Design
- Duplex
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Additional Features
- 1-Story Property
- 5,140 Sq Ft Lot
- Forced Air Heating and Cooling System
Community Details
- Biltmore Gardens Subdivision
Listing and Financial Details
- The owner pays for insurance
- Tax Lot 171
- Assessor Parcel Number 491212111762000930
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 | $4,647 | $233,000 | $4,400 | $228,600 |
| 2023 | $4,647 | $178,500 | $4,400 | $174,100 |
| 2022 | $4,565 | $173,300 | $4,400 | $168,900 |
| 2021 | $2,439 | $82,300 | $4,400 | $77,900 |
| 2020 | $2,227 | $82,300 | $4,400 | $77,900 |
| 2019 | $2,227 | $82,300 | $4,400 | $77,900 |
| 2018 | $2,529 | $88,700 | $4,400 | $84,300 |
| 2017 | $2,488 | $87,700 | $4,400 | $83,300 |
| 2016 | $2,066 | $87,700 | $4,400 | $83,300 |
| 2014 | $1,859 | $92,700 | $4,400 | $88,300 |
| 2013 | $1,859 | $92,700 | $4,400 | $88,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/11/2025 11/11/25 | Price Changed | $215,000 | -6.5% | -- | |
| 10/26/2025 10/26/25 | For Sale | $230,000 | 0.0% | -- | |
| 09/29/2023 09/29/23 | Rented | $850 | 0.0% | -- | |
| 09/11/2023 09/11/23 | Under Contract | -- | -- | -- | |
| 09/06/2023 09/06/23 | Price Changed | $850 | -5.0% | $1 / Sq Ft | |
| 08/25/2023 08/25/23 | Price Changed | $895 | -8.7% | $1 / Sq Ft | |
| 08/16/2023 08/16/23 | Price Changed | $980 | -10.5% | $1 / Sq Ft | |
| 08/16/2023 08/16/23 | For Rent | $1,095 | 0.0% | -- | |
| 08/14/2023 08/14/23 | Sold | $232,600 | -6.6% | $316 / Sq Ft | View Prior Sale |
| 07/14/2023 07/14/23 | Pending | -- | -- | -- | |
| 07/06/2023 07/06/23 | For Sale | $249,000 | +100.8% | $338 / Sq Ft | |
| 10/20/2021 10/20/21 | Sold | $124,000 | -11.4% | $168 / Sq Ft | View Prior Sale |
| 09/27/2021 09/27/21 | Pending | -- | -- | -- | |
| 09/18/2021 09/18/21 | For Sale | $139,900 | -- | $190 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $232,600 | None Listed On Document | |
| Deed | -- | Chicago Title | |
| Quit Claim Deed | -- | Chicago Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $154,000 | New Conventional | |
| Previous Owner | $154,000 | New Conventional |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22070241
APN: 49-12-12-111-762.000-930
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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