$273,500
SOLD MAR 18, 2025
6 Beds
1 Bath
1,264 Sq Ft
5,445 Sq Ft Lot

Recently Sold

$216 Per Sq Ft

3% Above List Price

7 Days on Market

About This Home

As of March 2025

This updated duplex features 3 bedrooms and 1 bathroom per side and is just minutes from downtown. One side is already rented, making it an instant income opportunity! Recent updates include all-new siding, updated kitchen and bath in unit 606, and new water heaters. The unfinished basement provides additional storage space for each unit. Don't miss out on this investment opportunity. Live in one side and produce income on the other!

Last Agent to Sell the Property

Mallorie Wilson

The Real Estate Group Brokerage Email: malloriewilsonrealty@gmail.com License #RB14035766 Listed on: 02/06/2025

The Real Estate Group

Co-Listed By

Cory Frutiger

The Real Estate Group Brokerage Email: malloriewilsonrealty@gmail.com License #RB14047374

Last Buyer's Agent

Dylan Hostetter

Everhart Studio, Ltd.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,172

Year Built

  • Built in 1920

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 1 Bathroom

Additional Features

  • 2-Story Property
  • 5,445 Sq Ft Lot
  • Basement

Community Details

  • Langes E Michigan St Subdivision

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 491005155012000101
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,172

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1920
  • Co List Office Phone: 317-590-3434
  • Lot Size Acres: 0.13
  • Subdivision Name: Langes E Michigan St
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 136750
  • MBR_AttributionContact: malloriewilsonrealty@gmail.com
  • Attribution Contact: malloriewilsonrealty@gmail.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Total Bathrooms: 1
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 265000
  • Road Access: Not Applic

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Central Electric
  • Solid Waste: Yes

Fee Information

  • Expenses: 1

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 5445
  • Parcel Number: 491005155012000101
  • Acres: <1/4 Acre
  • Price Acre: 2103846

Green Features

  • Green Certification Y N: No

Multi Family

  • Gross Income: 1
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1172
  • Tax Lot: 37
  • Semi Annual Property Tax Amt: 586

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2025
Closed on
Mar 18, 2025
Sold by
Bht Properties Llc
Bought by
Rimali Saku Valtteri and Powers Summer Logan
Seller's Agent
Mallorie Wilson
The Real Estate Group
Buyer's Agent
Dylan Hostetter
Everhart Studio, Ltd.
List Price
$265,000
Sold Price
$273,500
Premium/Discount to List
$8,500
3.21%
Views
25
Current Estimated Value
$265,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,035
Avg. Annual Appreciation
-7.02%
Original Mortgage
$199,900
Outstanding Balance
$199,222
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$65,086

Purchase Details

Listed on
Mar 23, 2023
Closed on
Jun 13, 2023
Sold by
Trimpe Braden
Bought by
Bht Properties Llc
Seller's Agent
Lee Smith
@properties
Buyer's Agent
Collin Ebel
@properties
List Price
$250,000
Sold Price
$250,000
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
Original Mortgage
$212,500
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 23, 2023
Closed on
Apr 27, 2023
Sold by
J & E Remodeling Home Improvement Llc
Bought by
Trimpe Braden
Seller's Agent
Lee Smith
@properties
Buyer's Agent
Collin Ebel
@properties
List Price
$250,000
Sold Price
$250,000
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 26, 2021
Closed on
Aug 13, 2021
Sold by
Sohn Ronald C
Bought by
J & E Remodeling Home Improvement Llc
Seller's Agent
Christian Foy
Ethosity Property Management G
Buyer's Agent
Christian Foy
Ethosity Property Management G
List Price
$49,900
Sold Price
$61,000
Premium/Discount to List
$11,100
22.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
130.40%
Original Mortgage
$43,200
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2018
Sold by
Otoro Investment Llc
Bought by
Sohn Ronald C

Purchase Details

Listed on
Mar 29, 2017
Closed on
Jun 30, 2017
Bought by
Tang Kwunhung
Seller's Agent
Evona Watson
Triple E Realty, LLC
Buyer's Agent
Peter Stewart
Peter Stewart Realty LLC
List Price
$65,000
Sold Price
$62,500
Premium/Discount to List
-$2,500
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.25%
Original Mortgage
$45,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 29, 2017
Closed on
Jun 29, 2017
Sold by
Sheffa Center Llc
Bought by
Tang Kwunhung
Seller's Agent
Evona Watson
Triple E Realty, LLC
Buyer's Agent
Peter Stewart
Peter Stewart Realty LLC
List Price
$65,000
Sold Price
$62,500
Premium/Discount to List
-$2,500
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2015
Closed on
Jul 20, 2015
Sold by
Ml Us Holdings Llc
Bought by
Sheffa Center Llc
Seller's Agent
Sam Barron
Barron Property Services
Buyer's Agent
Andrew Dallas
Blue Properties Brokerage
List Price
$35,000
Sold Price
$28,000
Premium/Discount to List
-$7,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.01%

Purchase Details

Closed on
Apr 27, 2012
Sold by
American Real Estate Investments Llc
Bought by
Ml Us Holdings Llc

Purchase Details

Closed on
Jul 2, 2008
Sold by
Coachs Corner Enterprises Inc
Bought by
Rose Ronald

Purchase Details

Closed on
May 28, 2008
Sold by
Fannie Mae
Bought by
Kaylin N Kompany Llc and Coachs Corner Enterprises Inc

Purchase Details

Closed on
Feb 28, 2008
Sold by
Sowers Kent E and Sowers Teresa Ann
Bought by
Federal National Mortgage Association
Source: Public Records

Similar Homes in Indianapolis, IN

  • 1221 N Rural St, Indianapolis, IN 46201

    $210,000

    • 5 Beds
    • 2 Baths
    • 1221 N Rural St
    • Indianapolis, IN

    Welcome to Brookside! A Solid Investment Opportunity in an up and coming area! This two-story duplex contains 2564 total square feet, providing ample room for comfortable living and creative design. Newer appliances, light fixtures, water heaters, privacy fence for each unit, new garage roof and more! Situated on a spacious lot, this property provides a possibility for various outdoor activities.

    Aubrey Walters eXp Realty, LLC

    Section Image
  • 552 Jefferson Ave, Indianapolis, IN 46201

    $286,000

    • 4 Beds
    • 3 Baths
    • 552 Jefferson Ave
    • Indianapolis, IN

    Turnkey Duplex Near Downtown Indianapolis - Newly Remodeled & Fully Occupied Excellent investment opportunity just minutes from downtown Indianapolis! This fully remodeled duplex offers modern updates and strong rental income. Renovated in 2019, the property features a brand-new roof, updated mechanicals, and stylish interior finishes throughout both units. Unit 1: Spacious 3 bedrooms, 2

    Jessica Green CityPlace Realty

    Section Image
  • 4114 E Washington St, Indianapolis, IN 46201

    $239,000

    • 5 Beds
    • 4 Baths
    • 4114 E Washington St
    • Indianapolis, IN

    ***Through no fault of the Seller, this home is back on the market*** This property is calling for the savvy investor. Rent all 3 units for a generous passive stream of income or live on one side and rent the other 2 units. This multi-unit has a ton of potential. One 1/2 of the home is a 3 bedrooms and 2 bathrooms. Other side is 2 units; both are 1 bedroom, 1 bathroom. Home has off street parking

    Lindsay Adams Pillario Property Management LLC

    Section Image
  • 321 E 31st St, Indianapolis, IN 46205

    $330,000

    • 6 Beds
    • 321 E 31st St
    • Indianapolis, IN

    Located in the Mapleton Neighborhood! Welcome to your dream duplex! This beautifully maintained turnkey Duplex property is the perfect property for an investment. From the moment you walk in, you'll be impressed by the thoughtful design, fresh finishes, and immaculate condition-there's nothing to do but move in and start living!

    Timothy O'Connor Berkshire Hathaway Home

    Section Image
  • 943 N Dearborn St, Indianapolis, IN 46201

    $225,000

    • 6 Beds
    • 943 N Dearborn St
    • Indianapolis, IN

    This fully remodeled duplex at 941-943 North Dearborn presents a strong investment opportunity in a desirable and growing area of Indianapolis. Each side of the property features 3 bedrooms and 1.5 bathrooms, making it ideal for long-term tenants or an owner-occupant. The 941 unit is currently leased at $1,500 per month through August 2026, providing immediate, stable rental income. The 943 unit

    Jacob Deacon eXp Realty, LLC

    Section Image
  • 2623 E Michigan St, Indianapolis, IN 46201

    $249,000

    • 4 Beds
    • 4 Baths
    • 2623 E Michigan St
    • Indianapolis, IN

    Attention all investors! Located in one of Indy's most up-and-coming corridors, 2623 East Michigan Street is surrounded by revitalization, new development, and long-term growth potential. This quadplex, featuring four 1 bed / 1 bath units, sits in a prime location that makes it a standout opportunity for strategic investors. The property is zoned for multifamily use, with special zoning that

    Jacob Deacon eXp Realty, LLC

    Section Image
  • 914 N Tuxedo St, Indianapolis, IN 46201

    $245,000

    • 6 Beds
    • 2 Baths
    • 914 N Tuxedo St
    • Indianapolis, IN

    This updated duplex meets the 1% rule with great tenants paying $1250 each side for an annual gross income of $30,000. This property features a newer privacy fence around the entire perimeter of the property, front and back! BOTH units have updated kitchens and bathrooms, fresh paint through-out, LVP flooring, PLUS new electrical panels for each side, new furnaces, new vanities, new sink

    Elizabeth Ewbank Highgarden Real Estate

    Section Image
  • 3328 E New York St, Indianapolis, IN 46201

    $245,000

    • 4 Beds
    • 2 Baths
    • 3328 E New York St
    • Indianapolis, IN

    Prime Investment Opportunity in the growing Near Eastside corridor of Downtown Indy! 3328-3330 E New York St. is a new renovation on a classic Indy 4-square duplex. This property was fully renovated inside & out in 2023, and is now occupied by tenants on both sides ($1100 / mo, residents pay their own utilities). New York Street was recently converted into a 2-way as of 2025, which is poised to

    Tyler Lingle @properties

    Section Image
  • 450 N Kealing Ave, Indianapolis, IN 46201

    $239,900

    • 4 Beds
    • 4 Baths
    • 450 N Kealing Ave
    • Indianapolis, IN

    Income-Producing Duplex - Ideal for Investors or House Hackers! Don't miss this exceptional opportunity to own a well-maintained duplex featuring two spacious 2 bed / 2 bath units. Whether you're an investor seeking strong returns or a buyer looking to offset your mortgage by living in one unit and renting the other, this property checks all the boxes. Unit 450 is currently leased at $1,100 per

    Tyler Lingle @properties

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- First American Title
Quit Claim Deed -- None Listed On Document
Warranty Deed $250,000 First American Title
Warranty Deed $61,000 None Available
Special Warranty Deed $71,500 Krieg Devault Llp
Deed $62,500 --
Quit Claim Deed $62,500 First American Title
Warranty Deed -- First American Title
Warranty Deed -- Attorney
Warranty Deed -- None Available
Warranty Deed -- None Available
Corporate Deed -- None Available
Special Warranty Deed -- None Available
Sheriffs Deed $69,554 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $199,900 New Conventional
Previous Owner $212,500 New Conventional
Previous Owner $43,200 New Conventional
Previous Owner $45,000 New Conventional
Previous Owner $45,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 Sold $273,500 +3.2% $216 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
02/06/2025 02/06/25 For Sale $265,000 +6.0% $210 / Sq Ft
04/24/2023 04/24/23 Sold $250,000 0.0% $198 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $250,000 +309.8% $198 / Sq Ft
08/16/2021 08/16/21 Sold $61,000 +22.2% $48 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $49,900 0.0% $39 / Sq Ft
03/01/2018 03/01/18 Rented $595 0.0% --
02/25/2018 02/25/18 Under Contract -- -- --
02/01/2018 02/01/18 For Rent $595 0.0% --
06/30/2017 06/30/17 Sold $62,500 -3.8% $49 / Sq Ft
04/20/2017 04/20/17 For Sale $65,000 +4.0% $51 / Sq Ft
04/20/2017 04/20/17 Off Market $62,500 -- --
04/18/2017 04/18/17 For Sale $65,000 +4.0% $51 / Sq Ft
04/03/2017 04/03/17 Off Market $62,500 -- --
03/28/2017 03/28/17 For Sale $65,000 0.0% $51 / Sq Ft
11/01/2016 11/01/16 Rented $595 0.0% --
09/27/2016 09/27/16 Price Changed $595 -8.5% $0 / Sq Ft
08/31/2016 08/31/16 Price Changed $650 +9.2% $0 / Sq Ft
06/13/2016 06/13/16 For Rent $595 0.0% --
07/07/2015 07/07/15 Sold $28,000 -20.0% $43 / Sq Ft
06/14/2015 06/14/15 Pending -- -- --
05/12/2015 05/12/15 For Sale $35,000 -- $54 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

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 $1,291 $230,000 $6,600 $223,400
2023 $1,291 $81,200 $6,600 $74,600
2022 $1,969 $78,400 $6,600 $71,800
2021 $1,680 $67,800 $6,600 $61,200
2020 $1,666 $120,900 $2,300 $118,600
2019 $2,754 $111,900 $2,300 $109,600
2018 $2,193 $87,400 $2,300 $85,100
2017 $1,926 $85,600 $2,300 $83,300
2016 $1,468 $65,500 $2,300 $63,200
2014 $1,139 $52,700 $2,300 $50,400
2013 $205 $52,700 $2,300 $50,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22014848

MIBOR Broker Listing Cooperative®

APN: 49-10-05-155-012.000-101