8465 Bluff Rd Indianapolis, IN 46217
Glenns Valley NeighborhoodEstimated payment $1,947/month
Highlights
- Ranch Style House
- 2 Car Detached Garage
- Heating Available
- Perry Meridian Middle School Rated A-
- Central Air
About This Home
Income-Producing Duplex Portfolio - Four Fully Rented Units Excellent investment opportunity featuring two duplex properties with four total units, all currently rented. The portfolio offers a strong rental history, with all tenants demonstrating a consistent record of on-time payments. In addition to the four residential units, the property includes four separate garages currently available to be rented for storage, providing an additional income stream. The properties are well maintained and have benefited from numerous recent improvements. Three of the four units have been renovated, including new flooring, lighting, drywall, and interior paint. A new roof and gutters were installed in 2024, and three of the four units have received new water heaters between 2023 and 2025. Two of the four units have new HVAC systems, further enhancing the property's reliability and appeal. Electrical panels have all been replaced and are up to code. Both properties are serviced by well and septic system and have been carefully maintained, with all major systems and components reported to be in good working order. Septic pumped in 2026. This is a turnkey investment opportunity with established tenants, multiple income sources, and a strong history of ongoing maintenance and improvements.
Listing Agent
PHT Holdings LLC Brokerage Email: Perreyhometeam@gmail.com License #RB14046079 Listed on: 08/21/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,580
Year Built
- Built in 1976 | Remodeled
Lot Details
- 17,773 Sq Ft Lot
- Additional Parcels
Parking
- 2 Car Detached Garage
Home Design
- Duplex
- Ranch Style House
- Brick Exterior Construction
- Slab Foundation
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Laundry
- Washer and Dryer Hookup
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Tax Lot 49-14-21-121-011.000-500
- Assessor Parcel Number 491421121011000500
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,580 | $215,300 | $15,400 | $199,900 |
| 2024 | $4,752 | $190,400 | $15,400 | $175,000 |
| 2023 | $4,752 | $180,700 | $15,400 | $165,300 |
| 2022 | $3,622 | $168,900 | $15,400 | $153,500 |
| 2021 | $3,467 | $127,800 | $15,400 | $112,400 |
| 2020 | $3,244 | $118,600 | $15,400 | $103,200 |
| 2019 | $2,864 | $103,500 | $15,400 | $88,100 |
| 2018 | $2,354 | $85,100 | $15,400 | $69,700 |
| 2017 | $2,308 | $83,300 | $15,400 | $67,900 |
| 2016 | $2,368 | $85,600 | $15,400 | $70,200 |
| 2014 | $1,758 | $72,500 | $15,400 | $57,100 |
| 2013 | $1,763 | $72,500 | $15,400 | $57,100 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/21/2026 08/21/26 | For Sale | $262,500 | 0.0% | -- | |
| 02/19/2024 02/19/24 | Rented | $1,050 | 0.0% | -- | |
| 01/05/2024 01/05/24 | For Rent | $1,050 | 0.0% | -- | |
| 10/07/2022 10/07/22 | Sold | $200,000 | -7.0% | $256 / Sq Ft | View Prior Sale |
| 08/31/2022 08/31/22 | Pending | -- | -- | -- | |
| 08/21/2022 08/21/22 | For Sale | $215,000 | 0.0% | $276 / Sq Ft | |
| 08/15/2022 08/15/22 | Pending | -- | -- | -- | |
| 06/10/2022 06/10/22 | For Sale | $215,000 | +38.7% | $276 / Sq Ft | |
| 04/19/2021 04/19/21 | Sold | $155,000 | 0.0% | $199 / Sq Ft | View Prior Sale |
| 03/11/2021 03/11/21 | Pending | -- | -- | -- | |
| 03/11/2021 03/11/21 | For Sale | $155,000 | -- | $199 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Chicago Title | |
| Warranty Deed | $155,000 | None Available | |
| Special Warranty Deed | -- | Resource Title Of Cincinnati | |
| Sheriffs Deed | $84,150 | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $320,000 | New Conventional | |
| Previous Owner | $116,250 | New Conventional |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22120492
APN: 49-14-21-121-011.000-500
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Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.