$245,000
$5K PRICE DROP

Estimated payment $1,707/month

Total Views 65,761
6 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

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 fixtures, new refrigerators and new ranges, and new PEX water lines. Tenants can enjoy the off-street parking on the paved lot with alley access. This is a turnkey investment opportunity you don't want to miss! Seller will not review seller financing offers.

Listing Agent

Elizabeth Ewbank

Highgarden Real Estate License #RB20001822 Listed on: 07/16/2025

Highgarden Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,942

Year Built

  • Built in 1925

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System

Additional Features

  • 2-Story Property
  • 6,795 Sq Ft Lot
  • Basement

Community Details

  • Adams George F Subdivision

Listing and Financial Details

  • The owner pays for insurance, taxes
  • Tax Lot 49-10-05-223-007.000-101
  • Assessor Parcel Number 491005223007000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,942

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1925
  • Lot Size Acres: 0.16
  • Subdivision Name: Adams George F
  • Transaction Type: Sale
  • Conversion: No
  • Multi Rooms: 12
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Owner Pays: Insurance, Taxes
  • Gross Area Sq Ft: 2496

Exterior Features

  • Road Access: Not Applic

Garage/Parking

  • Unit Parking: Parking Lot,Paved Area

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Solid Waste: Yes

Lot Info

  • Property Attached Yn: Yes
  • Current Use: Residential
  • Lot Size Sq Ft: 6795
  • Parcel Number: 491005223007000101
  • Acres: <1/4 Acre

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Net Operating Income: 20705

Tax Info

  • Tax Annual Amount: 4942
  • Tax Lot: 49-10-05-223-007.000-101
  • Semi Annual Property Tax Amt: 2471
  • Tax Exemption: None

Map

Range of Values:

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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 $4,762 $208,300 $5,900 $202,400
2023 $4,762 $195,700 $5,900 $189,800
2022 $4,836 $188,300 $5,900 $182,400
2021 $2,522 $104,700 $5,900 $98,800
2020 $2,451 $101,300 $2,300 $99,000
2019 $2,319 $93,900 $2,300 $91,600
2018 $1,846 $73,300 $2,300 $71,000
2017 $1,628 $71,700 $2,300 $69,400
2016 $1,250 $55,100 $2,300 $52,800
2014 $957 $44,500 $2,300 $42,200
2013 $923 $44,500 $2,300 $42,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2025 08/27/25 Price Changed $245,000 -2.0% --
07/16/2025 07/16/25 For Sale $250,000 +16.3% --
06/21/2024 06/21/24 Sold $215,000 -18.9% $171 / Sq Ft View Prior Sale
05/19/2024 05/19/24 Pending -- -- --
05/16/2024 05/16/24 Price Changed $264,999 -1.9% $211 / Sq Ft
04/24/2024 04/24/24 Price Changed $269,999 -3.6% $215 / Sq Ft
04/04/2024 04/04/24 For Sale $280,000 -- $223 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- None Available
Warranty Deed -- None Listed On Document
Warranty Deed $120,000 None Available
Warranty Deed $120,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Special Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $12,000 Stand Alone Second
Previous Owner $12,000 Stand Alone Second
Source: Public Records

About the Listing Agent

Elizabeth Ewbank

Highgarden Real Estate

(317) 680-7951

Section Image

I’m a realtor because I love helping people make transformative real estate investments. I get to be a consultant, guide, analyst, advisor, project manager and friend, as we navigate the real estate process culminating in a successful closing where you felt empowered, informed and supported the entire way. After taking the time to thoroughly understand your goals, priorities and constraints, I pull from a vast array of tools and strategies to help you get where you want to be.

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 22051174

MIBOR Broker Listing Cooperative®

APN: 49-10-05-223-007.000-101