$489,000 Price Analysis    ♡   Indianapolis, IN 46208 Unknown bed None bath 3,120 SqFt ($156/SqFt) 8,276SqFt lot. Built 1940 Listed 2024-05-31, Taxes $10,067 | Ⓧ USDA Ineligible due to location near Indianapolis |
This Butler-Tarkington duplex sounds like a dream for those who appreciate historic charm and the allure of an income producing opportunity!
* Sale Pending *Live in one unit and have rent income from the second. With original hardwoods, preserved woodwork and vintage glass doorknobs, it exudes old-world charm while offering modern conveniences like updated kitchens and separate HVAC, electric and water meters for each unit. Kenwood, the 3-bedroom unit, boasts a formal dining area, a living room with a fireplace and French doors opening to covered patio, while 137 W 47th Street, the 2-bedroom unit, features a large study that could easily serve as a third bedroom and a sizeable screened-in porch with access to a private yard.
Storage won't be an issue with dedicated basement areas for each unit, complete with laundry rooms and washers and dryers included. Plus, the 2-car detached garage with separate entry doors provides convenience for both units. An exceptional opportunity for those seeking the charm of a historic neighborhood combined with the comfort of conve nient amenities. Only Kenwood unit is pictured, 137 w 47th street is tenant occupied, please do not disturb. Can be viewed by a separate appointment with serious buyers.
Presented by Lori Davis Smith at
Highgarden Real Estate.
Property MLS #21980221 from MIBOR
Heating Features: Gas
Road Access: Not Applic
Road Frontage Type: City Street
Lot Size Acres: 0.19
Lot Size Square Feet: 8276
Parking Features: Detached
Calculated Total Monthly Association Fees: 0
Pet Description: Pet Restrictions Source: 2, Pet Deposit Fee: 1
Tenant Pays: All Utilities, Cable TV, Electricity, Garage Available, Gas, Association Fees, Insurance, Sewer, Water
Unit Type: 2 Bedroom, 3 Bedroom
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 2
Total Rooms in Unit-1: 6
Total Rooms in Unit-2: 7
Unit-1 Square Feet: 1560
Unit-2 Square Feet: 1560
Unit 1 Total Actual Rent: 1650
Unit 2 Total Actual Rent: 2200
Map directions Map directions Map directionsCounty: Marion
Directions: GPS Friendly
Tax Year: 2023
Source Property Type: Residential Income
Possible Use: Residential
Insurance Expense: 1943
Area: 4903 - Marion - Washington
Source Neighborhood: A V Browns W Meridian
Owner Pays: Insurance, Lawncare
Parcel Number: 490611105052000801
Postal Code Plus 4: 3528
Subdivision: A V Browns W Meridian
Township: Washington
Property Subtype: Duplex
Lot Number: 31
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $372,000 + $41,100 $413,100 | $10,067 |
| 2021 | $372,000 + $41,100 $413,100 | $9,671 |
| 2020 | $312,500 + $41,100 $353,600 | $8,326 |
| 2019 | $225,300 + $41,100 $266,400 | $6,423 |
| 2018 | $221,200 + $41,100 $262,300 | $4,462 |
| 2017 | $278,500 + $41,100 $319,600 | $4,284 |
| 2016 | $271,600 + $41,100 $312,700 | $4,709 |
| 2015 | $266,600 + $41,100 $307,700 | $3,579 |
| 2014 | $261,600 + $41,100 $302,700 | $4,592 |
| 2013 | $149,000 + $41,100 $190,100 | $2,684 |
| 2012 | $264,000 + $41,100 $305,100 | $4,795 |
| 2011 | $209,000 + $41,100 $250,100 | $3,612 |
| 2010 | $209,000 + $41,100 $250,100 | $3,692 |
| 2008 | $203,400 + $41,100 $244,500 | $4,117 |
| 2008 | $209,000 + $41,100 $250,100 | $4,117 |
| 2006 | $304,700 + $41,100 $345,800 | $4,413 |
$489,000
MIBOR
Sold 2021-08-17
$410,000
Public Record
Sold 2019-07-03
$306,250
Public Record
Listing removed 2019-05-31
$0
MIBOR
Sold 2003-06-27
$260,680
Public Record
Construction Materials: Brick, Vinyl Siding
Foundation Details: Block
Levels: Two
Property Age: 84
Property Condition: Updated/Remodeled
Architectural Style: Craftsman
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.