$150,000
SOLD MAR 24, 2025
4 Beds
2 Baths
1,622 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$92 Per Sq Ft

6 Days on Market

About This Home

As of March 2025

This Indianapolis duplex is a fantastic income-producing property. With a newer roof and insulated vinyl windows installed in 2021, it offers both durability and energy efficiency. The projected rental income is $2,200 per month, making it an attractive investment opportunity. Each unit is all-electric and features 2 bedrooms and 1 bathroom, providing comfortable living spaces for tenants. Perfect for investors looking for a low-maintenance property with strong rental potential!

Last Agent to Sell the Property

Lindsay Adams

Pillario Property Management LLC Brokerage Email: lindsay@ironcladrei.com License #RB14050510 Listed on: 02/19/2025

Last Buyer's Agent

Peter Stewart

Keller Williams Indpls Metro N License #RB15000083

Keller Williams Indpls Metro N

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,604

Year Built

  • Built in 1915

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Shingle Siding

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Community Details

  • Allens 2Nd North Add Subdivision
  • No Laundry Facilities

Listing and Financial Details

  • Tax Lot 128
  • Assessor Parcel Number 490626150056000101
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,604

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1915
  • Lot Size Acres: 0.09
  • Road Surface Type: Asphalt
  • Subdivision Name: Allens 2nd North Add
  • Transaction Type: Sale
  • Conversion: No
  • Price Unit: 75000
  • MBR_AttributionContact: lindsay@ironcladrei.com
  • Attribution Contact: lindsay@ironcladrei.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Total Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Construction Materials: Shingle/Shake
  • List Price: 150000
  • Road Access: Not Applic

Garage/Parking

  • Unit Parking: On Street,Other

Utilities

  • Laundry Features: No Laundry Facil.
  • Security Features: Smoke Alarm
  • Solid Waste: Yes

Fee Information

  • Expenses: 1603

Lot Info

  • Lot Features: Not Applicable
  • Property Attached Yn: Yes
  • Current Use: Residential
  • Lot Size Sq Ft: 3920
  • Parcel Number: 490626150056000101
  • Acres: <1/4 Acre
  • Price Acre: 1666667

Green Features

  • Green Certification Y N: No

Multi Family

  • Gross Income: 2200
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1604
  • Tax Lot: 128
  • Semi Annual Property Tax Amt: 802

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2025
Closed on
Mar 21, 2025
Sold by
Emergent Property Llc
Bought by
Vanengelenburg Ruben B
Seller's Agent
Lindsay Adams
Pillario Property Management LLC
Buyer's Agent
Peter Stewart
Keller Williams Indpls Metro N
List Price
$150,000
Sold Price
$150,000
Total Days on Market
6
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-18.85%
Original Mortgage
$112,500
Outstanding Balance
$112,500
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$31,663

Purchase Details

Listed on
Jan 9, 2023
Closed on
Jul 3, 2023
Sold by
Arnold Eric
Bought by
Emergent Property Llc
Seller's Agent
Rafael Ayala
eXp Realty, LLC
Buyer's Agent
Courtney Colbert
@properties
List Price
$132,000
Sold Price
$127,000
Premium/Discount to List
-$5,000
-3.79%
Views
601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%

Purchase Details

Listed on
Jan 9, 2023
Closed on
Jun 8, 2023
Sold by
G-Properties
Bought by
Arnold Eric
Seller's Agent
Rafael Ayala
eXp Realty, LLC
Buyer's Agent
Courtney Colbert
@properties
List Price
$132,000
Sold Price
$127,000
Premium/Discount to List
-$5,000
-3.79%
Views
601

Purchase Details

Closed on
Aug 17, 2011
Sold by
Guyinn Dlg Lois Douglass
Bought by
G Properties

Purchase Details

Closed on
Sep 12, 2005
Sold by
Guyinn Daniel
Bought by
Guyinn Lois Douglass
Source: Public Records

Similar Homes in Indianapolis, IN

  • 1105 N Parker Ave, Indianapolis, IN 46201

    $160,000

    • 4 Beds
    • 2 Baths
    • 1105 N Parker Ave
    • Indianapolis, IN

    Great investment opportunity! This well-maintained duplex features two spacious 2-bedroom, 1-bath units, each offering comfortable living with a functional open floor plan between the living and dining areas-perfect for tenants. Located just minutes from downtown Indianapolis, this property offers excellent access to public transportation with bus lines nearby, making it ideal for commuters.

    Jessica Green CityPlace Realty

    Section Image
  • 733 W 25th St, Indianapolis, IN 46208

    $139,950

    • 3 Beds
    • 2 Baths
    • 733 W 25th St
    • Indianapolis, IN

    Don't miss this exciting investment opportunity to own a vacant duplex at 733 W 25th St in the heart of Indianapolis! This upstairs/downstairs duplex offers endless flexibility for a savvy investor or owner-occupant. The main level features 2 spacious bedrooms, 1 full bath, and a functional layout, while the upstairs unit includes 1 bedroom plus a bonus room-perfect for a home office, second

    Charlene Gaard No Limit Real Estate, LLC

    Section Image
  • 316 W 29th St, Indianapolis, IN 46208

    $135,000

    • 2 Beds
    • 2 Baths
    • 316 W 29th St
    • Indianapolis, IN

    Turnkey Duplex in Up-and-Coming Highland Vicinity - Strong Investment Potential! Located at 316 W 29th St, Indianapolis, this well-maintained duplex offers an excellent opportunity for investors seeking monthly cash flow and long-term appreciation. Situated in the Highland Vicinity neighborhood, this area is beginning to see revitalization and sits just minutes from some of Indy's top

    Peter Stewart Keller Williams Indpls Metro N

    Section Image
  • 3249 N Capitol Ave, Indianapolis, IN 46208

    $130,000

    • 4 Beds
    • 2 Baths
    • 3249 N Capitol Ave
    • Indianapolis, IN

    This duplex presents a fantastic investment opportunity in a desirable location. Featuring a spacious layout with 2 bedrooms and 1 bathroom per unit, this property is perfect for buyers looking to enhance value through improvements. While the property is in need of updates, it offers strong potential for those with a vision and a passion for renovation. Property is being sold as-is.

    Doug Fredbeck Keller Williams Indpls Metro N

    Section Image
  • 3319 N Capitol Ave, Indianapolis, IN 46208

    $179,900

    • 6 Beds
    • 2 Baths
    • 3319 N Capitol Ave
    • Indianapolis, IN

    Excellent investment opportunity duplex with 2 bedrooms per side. Location is near dowtown, children's museum, and fairgrounds. Duplex has alley access and parking as well as street parking. Must see and this will not last long.

    Kurt Clements Diverse Property Solutions Ind

    Section Image
  • 3046 Central Ave, Indianapolis, IN 46205

    $175,000

    • 3 Beds
    • 1 Bath
    • 3046 Central Ave
    • Indianapolis, IN

    A unique investment opportunity is available, featuring 2-unit property with both units vacant. Perfect for living on one side and renting the other, each unit offers 3 bedrooms and 1 bathroom.

    Kelly Wood RE/MAX At The Crossing

    Section Image
  • 4017 Clarendon Rd, Indianapolis, IN 46208

    $144,900

    • 2 Beds
    • 2 Baths
    • 4017 Clarendon Rd
    • Indianapolis, IN

    Duplex in Butler-Tarkington - Great Investment Opportunity! This 1 bed, 1 bath per unit duplex is perfect for investors or owner-occupants! New vinyl siding and roof! Live in one side and rent out the other. 4017 is month-to-month and 4019 is currently vacant for easy showing. Both units are mirror images of each other. Located near shopping, dining, hospitals, and downtown Indianapolis, this

    Gregory Randolph Kevin Warren

    Section Image
  • 205 N Sheffield Ave, Indianapolis, IN 46222

    $180,000

    • 2 Beds
    • 1 Bath
    • 205 N Sheffield Ave
    • Indianapolis, IN

    This duplex with a 2-car garage is just steps away from The Workingman's Friend, and less than 2 mi. from IU/PUI, major hospitals and businesses downtown. Great location for university students. Each unit has a living room, dining room, kitchen with washer dryer hookups, and full bath on the main, and two bedrooms up. Foundation/crawl updates, front porch redone and exterior painted in 2022, one

    Barb Getty Barnes Property Management LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 -- Eagle Land Title
Quit Claim Deed -- None Listed On Document
Warranty Deed $127,000 Foundation Title
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 Sold $150,000 0.0% $92 / Sq Ft
02/25/2025 02/25/25 Pending -- -- --
02/19/2025 02/19/25 For Sale $150,000 +18.1% $92 / Sq Ft
06/06/2023 06/06/23 Sold $127,000 -3.8% $78 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $132,000 0.0% $81 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
03/23/2023 03/23/23 Price Changed $132,000 -5.0% $81 / Sq Ft
01/13/2023 01/13/23 Price Changed $139,000 -0.7% $86 / Sq Ft
01/09/2023 01/09/23 For Sale $140,000 -- $86 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

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 $1,691 $116,200 $9,800 $106,400
2023 $1,691 $67,600 $9,800 $57,800
2022 $1,602 $65,400 $9,800 $55,600
2021 $1,362 $55,400 $2,600 $52,800
2020 $1,250 $50,400 $2,600 $47,800
2019 $1,247 $49,400 $2,600 $46,800
2018 $758 $28,500 $2,600 $25,900
2017 $635 $26,300 $2,600 $23,700
2016 $601 $25,300 $2,600 $22,700
2014 $564 $26,100 $2,600 $23,500
2013 $731 $31,700 $2,600 $29,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22022988

MIBOR Broker Listing Cooperative®

APN: 49-06-26-150-056.000-101