$649,000
$30K PRICE DROP

Estimated payment $3,859/month

Total Views 18,798
6 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 1.1 Acre Lot
  • 3 Car Attached Garage
  • Parking Storage or Cabinetry
  • Ranch Style House
  • Laundry closet
  • Guest Parking

About This Home

Stop searching for your next investment-start earning from day one. This 6 bedroom, 3 bathroom, double unit home is a rare opportunity to acquire not just a property, but a fully operational, high-yield business with a proven track record and phenomenal potential. This turnkey powerhouse has been beautifully updated into two stunning, income-producing rental units, and is being sold fully furnished. The numbers speak for themselves: with one unit grossing over $67K in 2024 and a combined gross of over $40K in the first half of 2025 alone, your path to immediate ROI is clear. Set on a sprawling 1.1 acres with no HOA, each 3-bedroom unit is a masterclass in guest experience. Guests will love the modern kitchens with quartz countertops, cozying up by the stylish stone or shiplap fireplaces, and enjoying the dedicated game rooms. The outdoor amenities are a destination in themselves, featuring two hot tubs, a fire pit, and a private deck-ensuring 5-star reviews and repeat bookings. And the real magic lies in the potential. A third, unfinished unit with a private entry sits above the 3-car garage, offering a straightforward path to dramatically increase your cash flow. This space, previously a long-term rental grossing $1K a month, is your blank canvas to supercharge this income producing asset. This property's flexibility is its superpower-perfect for a savvy investor, a multi-generational family, or an owner who wants to live in one unit while the other pays the mortgage. A turnkey business like this, in a market hungry for unique getaways, is an investor's dream and will be gone in a flash. Schedule your private showing today before another investor claims your financial future!

Listing Agent

Eric Forney

Keller Williams Indy Metro S License #RB14051770 Listed on: 10/01/2025

Keller Williams Indy Metro S

Co-Listing Agent

Danielle Britton

Keller Williams Indy Metro S License #RB14049180

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,590

Year Built

  • Built in 1950 | Remodeled

Parking

  • 3 Car Attached Garage
  • Parking Storage or Cabinetry
  • Rear-Facing Garage
  • Side Facing Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Duplex
  • Ranch Style House
  • Block Foundation
  • Vinyl Siding
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Unfinished Basement

  • Partial Basement
  • Crawl Space
  • Natural lighting in basement

Schools

  • Hawthorne Elementary School
  • Raymond Park Intermediate & Middle School
  • Warren Central High School

Additional Features

  • Fire Pit
  • 1.1 Acre Lot
  • Property is near bus stop
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 490736110001000700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,590

Year Built

Built in 1950 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1950
  • Co List Office Phone: 317-271-5959
  • Lot Size Acres: 1.1
  • Structure Type: Duplex, FreeStand
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Conversion: No
  • Multi Rooms: 12
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Daylight, Partial, Unfinished
  • Levels: One
  • Total Bathrooms: 3
  • Total Bedrooms: 6

Exterior Features

  • Construction Materials: Stone, Vinyl Siding
  • Direction Faces: South
  • Exterior Features: Fire Pit
  • Foundation Details: Block, Crawl Space, Partial
  • Property Condition: Updated/Remodeled
  • Waterfront: No
  • Road Access: County Rd

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Attached, Asphalt, Garage Door Opener, Guest, Garage Faces Rear, Garage Faces Side, Storage
  • Unit Parking: 1 Car Garage,2 Car Garage,Guest Parking,Parking Lot,Paved Area

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Connections All, Laundry Closet
  • Solid Waste: Yes

Schools

  • MBR_IntermediateSchool: Raymond Park Intermediate & Middle

Lot Info

  • Lot Features: Busline, Not In Subdivision
  • Additional Parcels: No
  • Current Use: See Remarks
  • Lot Size Sq Ft: 47916
  • Parcel Number: 490736110001000700
  • Acres: 1-3 Acres

Tax Info

  • Tax Annual Amount: 5590
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 2795

MLS Schools

  • Elementary School: Hawthorne Elementary School
  • High School: Warren Central High School

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 $5,874 $243,000 $16,400 $226,600
2023 $5,874 $241,200 $16,400 $224,800
2022 $4,095 $171,600 $16,400 $155,200
2021 $4,051 $169,600 $16,400 $153,200
2020 $4,158 $174,600 $16,400 $158,200
2019 $4,113 $172,800 $16,400 $156,400
2018 $3,649 $152,200 $16,400 $135,800
2017 $3,045 $138,400 $16,400 $122,000
2016 $1,899 $131,600 $16,400 $115,200
2014 $1,472 $119,800 $16,400 $103,400
2013 $1,489 $118,200 $16,400 $101,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2025 10/14/25 Price Changed $649,000 -4.4% --
10/01/2025 10/01/25 For Sale $679,000 -- --
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Personal Reps Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $123,500 Purchase Money Mortgage
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22065116

MIBOR Broker Listing Cooperative®

APN: 49-07-36-110-001.000-700