$310,000

728 E 55th St Indianapolis, IN 46220

Meridian Kessler Neighborhood

Estimated payment $2,134/month

Total Views 331
2 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Very Popular Property
  • 1-Story Property
  • Wood Siding
  • Corner Lot

About This Home

Excellent investment opportunity in the highly sought after Meridian Kessler! This duplex offers a 1 bedroom, 1 bath unit on each side, both currently occupied for immediate cash flow. Each unit includes a basement with washer/dryer hookups. Fantastic location just minutes from Broad Ripple. A great addition to any portfolio!

Listing Agent

Edwin Watson

Triple E Realty, LLC Brokerage Email: edwin@3epropertymgt.com License #RB17000719 Listed on: 01/28/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,286

Year Built

  • Built in 1943

Lot Details

  • 6,926 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Basement
  • Laundry in Basement
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Community Details

  • North View Addition Subdivision

Listing and Financial Details

  • The owner pays for taxes
  • Legal Lot and Block 203 / 13
  • Assessor Parcel Number 490612235036000801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,286

Year Built

Built in 1943

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1943
  • Lot Size Acres: 0.16
  • Structure Type: Duplex
  • Subdivision Name: North View Addition
  • Transaction Type: Sale
  • Conversion: No
  • Attribution Contact: edwin@3epropertymgt.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: One
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Owner Pays: Taxes

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • Foundation Details: Concrete Perimeter
  • Road Access: Access Rd

Garage/Parking

  • Garage Spaces: 2
  • Unit Parking: 2 Car Garage,On Street

Utilities

  • Laundry Features: Connections All, In Basement
  • Solid Waste: Yes

Lot Info

  • Lot Features: Access, Corner Lot, Curbs, Sidewalks
  • Current Use: Residential
  • Lot Size Sq Ft: 6926
  • Parcel Number: 490612235036000801
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 6286
  • Tax Block: 13
  • Tax Lot: 203
  • Semi Annual Property Tax Amt: 3143

Map

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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 $6,531 $264,900 $51,700 $213,200
2023 $6,531 $269,500 $51,700 $217,800
2022 $5,913 $262,600 $51,700 $210,900
2021 $5,183 $218,900 $33,800 $185,100
2020 $5,031 $211,600 $33,800 $177,800
2019 $5,049 $208,400 $33,800 $174,600
2018 $4,989 $204,100 $33,800 $170,300
2017 $4,249 $194,300 $33,800 $160,500
2016 $3,826 $178,300 $33,800 $144,500
2014 $3,669 $169,700 $33,800 $135,900
2013 $3,154 $151,700 $33,800 $117,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2026 01/28/26 For Sale $310,000 +116.8% --
10/19/2015 10/19/15 Sold $143,000 -10.6% $200 / Sq Ft View Prior Sale
08/19/2015 08/19/15 Pending -- -- --
07/30/2015 07/30/15 For Sale $159,900 -- $223 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $107,250 New Conventional
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22081808

MIBOR Broker Listing Cooperative®

APN: 49-06-12-235-036.000-801

Indiana Marion County Indianapolis 46220 Meridian Kessler

728 E 55th St, Indianapolis, IN

For Sale

MultiFamily

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MIBOR Broker Listing Cooperative® 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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Edwin Watson
Listing Agent
Edwin Watson
Section Image
Triple E Realty, LLC
(463) 264-4396