$450,000
SOLD NOV 20, 2025

8372 E Us Highway 36 Avon, IN 46123

4 Beds
3 Baths
3,310 Sq Ft
39,204 Sq Ft Lot

Sale Details

Date Sold: November 20, 2025

$136 Per Sq Ft

59 Days on Market

Highlights

  • 0.9 Acre Lot
  • 4 Car Detached Garage
  • Central Air
  • Maple Elementary School Rated A

About This Home

As of November 2025

Prime investment opportunity in the heart of Avon producing $3,300/mo ($39,600/yr) in rental income! Positioned directly on US Highway 36, this versatile property offers the rare combination of immediate cash flow, owner-occupant potential, & future development opportunities-all in one of Avon's most visible & high-demand locations. Property Highlights of Duplex Units: Unit 1: 2,562 sq ft, remodeled in 2013, 3 Bedrooms, 2 Bathrooms, Dining Room, Large Family Room, 2 Spacious Lofts, Lower level that can be finished and used as an entertainment room/ flex space. Currently leased for 1 yr at $2,000/mo (lease expires Oct 2026.) Unit 2: 748 sq ft, updated in 2023, 1 Bedroom, 1 Bathroom & is currently leased for 1 yr at $800/month (lease expires Sept 2026.) Entire property zoned R-2 (Residential or potential commercial), expansive 5,000 sq ft asphalt parking lot-ample space for tenants, clients, or future potential commercial use, 4+ car garage w/ attic storage-previously leased to a mechanic shop & currently leased to a small business owner for $500/mo (lease expires Sept 2027) who uses it for storage for their painting/ flooring business. Large backyard/green space-perfect for further development or outdoor use as well. This is more than just a duplex-it's a prime investment opportunity in Avon's thriving market. Whether you're looking to house-hack, expand your rental portfolio, or develop a property with unbeatable exposure, this property checks all the boxes. Please respect tenant privacy in Units 1 & 2. Each unit and outbuilding has it's own utility meters. Tenants pay their own utilities.

Last Agent to Sell the Property

Lindsey Winkhart

RE/MAX Advanced Realty License #RB17000502 Listed on: 09/11/2025

RE/MAX Advanced Realty

Last Buyer's Agent

PAULA VALLE

PDDR, LLC License #RB19000954

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,528

Year Built

  • Built in 1947 | Remodeled

Parking

  • 4 Car Detached Garage

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Basement

  • Partial Basement
  • Sump Pump
  • Crawl Space
  • Basement Window Egress

Schools

  • Maple Elementary School
  • Avon Middle School North
  • Avon Intermediate School East
  • Avon High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • 2-Story Property
  • 39,204 Sq Ft Lot
  • City Lot

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 1
  • Assessor Parcel Number 321001390008000031
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,528

Year Built

Built in 1947 | Remodeled

Lot Details

0.9 Acres

Parking

4

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2025
  • Year Built: 1947
  • Lot Size Acres: 0.9
  • Road Frontage Type: Highway
  • Road Surface Type: Asphalt
  • Structure Type: Duplex
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: No
  • Multi Rooms: 9
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Daylight, Egress Window(s), Partial
  • Levels: Two
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Other Equipment: Sump Pump

Exterior Features

  • Fencing: Partial
  • Foundation Details: Crawl Space
  • Other Structures: Outbuilding
  • Property Condition: Updated/Remodeled
  • View Y N: No
  • Waterfront: No
  • Road Access: Frontage Road

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Detached
  • Unit Parking: Guest Parking,Parking Lot,Paved Area

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Solid Waste: No

Schools

  • Middle Or Junior School: Avon Middle School North
  • MBR_IntermediateSchool: Avon Intermediate School East

Lot Info

  • Lot Features: City Lot, Not In Subdivision, Street Lights
  • Property Attached Yn: Yes
  • Current Use: Residential
  • Lot Size Sq Ft: 39204
  • Parcel Number: 321001390008000031
  • Zoning: R-2 (Avon)
  • Acres: 1/2-1 Acre

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 3528
  • Tax Lot: 1
  • Semi Annual Property Tax Amt: 1764
  • Tax Exemption: None

MLS Schools

  • Elementary School: Maple Elementary School
  • High School: Avon High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2025
Closed on
Nov 20, 2025
Sold by
Equity Estates Llc
Bought by
Dagres Konstantinos D
Seller's Agent
Lindsey Winkhart
RE/MAX Advanced Realty
Buyer's Agent
PAULA VALLE
PDDR, LLC
List Price
$450,000
Sold Price
$450,000
Views
34
Current Estimated Value
$430,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,986
Avg. Annual Appreciation
-12.17%

Purchase Details

Listed on
Aug 7, 2023
Closed on
Oct 27, 2023
Sold by
Higgins Gary M and Higgins Sunny K
Bought by
Equity Estates Llc
Seller's Agent
Jack Lawson
Weichert, Realtors - Lawson & Co.
Buyer's Agent
Jack Lawson
Lawson & Co.
List Price
$1
Sold Price
$240,000
Premium/Discount to List
$239,999
23999900%
Views
233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.48%
Original Mortgage
$156,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 24, 2012
Closed on
Apr 12, 2013
Sold by
Hendricks County Bank & Trt Co
Bought by
Higgins Gary M and Higgins Sunny K
Seller's Agent
Anthony Marsiglio
RE/MAX Centerstone
Buyer's Agent
Anthony Marsiglio
RE/MAX Centerstone
List Price
$99,800
Sold Price
$72,500
Premium/Discount to List
-$27,300
-27.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.02%

Purchase Details

Closed on
Feb 16, 2012
Sold by
Ledfoot Holdings Llc
Bought by
The Hendricks County Bank & Trust Compan

Purchase Details

Closed on
Jun 30, 2005
Sold by
Grimes Kent D
Bought by
Ledfoot Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,271
Interest Rate
5.75%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records
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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 -- Centurion Land Title
Warranty Deed $240,000 None Listed On Document
Warranty Deed -- --
Sheriffs Deed $158,100 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $156,000 New Conventional
Previous Owner $160,271 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2025 11/20/25 Sold $450,000 0.0% $136 / Sq Ft
11/09/2025 11/09/25 Pending -- -- --
09/11/2025 09/11/25 For Sale $450,000 +87.5% $136 / Sq Ft
10/27/2023 10/27/23 Sold $240,000 +20.0% $73 / Sq Ft View Prior Sale
09/05/2023 09/05/23 Price Changed $200,000 +19999900.0% $60 / Sq Ft
09/03/2023 09/03/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $1 -100.0% $0 / Sq Ft
04/11/2013 04/11/13 Sold $72,500 -27.4% $16 / Sq Ft View Prior Sale
12/24/2012 12/24/12 For Sale $99,800 -- $22 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2025 $3,528 $157,500 $26,400 $131,100
2024 $3,528 $157,500 $24,700 $132,800
2023 $6,812 $304,100 $47,400 $256,700
2022 $2,603 $116,200 $18,100 $98,100
2021 $2,622 $116,200 $21,400 $94,800
2020 $2,646 $116,200 $22,000 $94,200
2019 $2,681 $116,200 $21,000 $95,200
2018 $2,368 $100,700 $18,400 $82,300
2017 $2,024 $100,700 $19,000 $81,700
2016 $2,023 $100,700 $19,400 $81,300
2014 $2,023 $100,700 $19,900 $80,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22062136

MIBOR Broker Listing Cooperative®

APN: 32-10-01-390-008.000-031

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