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$255,319   Price Analysis
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1218 Union St
Indianapolis, IN 46225
Unknown bed None bath 2,524 SqFt ($101/SqFt)
3,049SqFt lot. Built 1940
Listed 2024-06-18, Taxes $1,620
Ⓧ USDA Ineligible
due to location

near Indianapolis

Your next duplex investment!

3BR, 2 full BA downstairs; 4BR , 2 full BA upstairs. Currently a SFH with an easy conversion back to a Duplex by closing off a doorway to stairs in kitchen on main level. Home cmes with Central Air, 2 water heaters (new as of 2020), heat pump and HVAC new around 2020 too.

Painted with new flooring (2022). An organization that provides housing (such as rehabilitation programs) or an Investor's dream. There is a separate entrance to the basement (front porch and kitchen access) and a separate entrance to the upstairs on the side of the property. Also a potential to rent per bed (12 bed max) for rehabilitation housing.


Presented by Hector David Orton at
Fair Market Value Investment Sales.
Listing Agent Photo

Property MLS #21985855 from MIBOR

Fencing: Chain Link, Partial
Road Access: Street Cuts
Road Surface Type: Concrete

Lot Size Acres: 0.07
Lot Size Square Feet: 3049

Parking Features: Street Only

Association: No
Calculated Total Monthly Association Fees: 0
Pet Description: Pet Restrictions Source: 2, Pet Deposit Fee: 2

Gross Scheduled Income: 3000
Tenant Pays: Electricity, Sewer, Water

Number of Units: 2
Unit Type: 3 Bedroom, 4 Bedroom Or More
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 4
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Rooms in Unit-1: 8
Total Rooms in Unit-2: 9
Unit-1 Square Feet: 1326
Unit-2 Square Feet: 1198
Unit 1 Total Actual Rent: 1500
Unit 2 Total Actual Rent: 1500

High School District: Indianapolis Public Schools

James A. Garfield School 31 is a public elementary and middle school located approximately 0.5 miles away.
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Lumen Christi Catholic School is a private elementary, middle and high school located approximately 0.7 miles away.
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Purdue Polytechnic High School Ind is a public high school located approximately 1 miles away.
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Source Listing Status: Active
County: Marion
Directions: GPS Friendly
Tax Year: 2023
Source Property Type: Residential Income
Possible Use: Residential
Area: 4913 - Marion - Center Se
Source Neighborhood: Mccartys South Add
Owner Pays: Taxes
Parcel Number: 491113146072000101
Postal Code Plus 4: 1664
Subdivision: Mccartys South Add
Township: Center
Property Subtype: Duplex
Lot Number: 491113146072000101
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$58,000 + $3,200
$61,200
$1,620
2021$58,000 + $3,200
$61,200
$1,446
2020$58,000 + $3,200
$61,200
$1,450
2019$55,500 + $3,200
$58,700
$1,418
2018$55,500 + $3,200
$58,700
$1,429
2017$53,500 + $3,200
$56,700
$1,233
2016$50,400 + $3,200
$53,600
$1,142
2015$50,400 + $3,200
$53,600
$1,180
2014$50,000 + $3,200
$53,200
$1,150
2013$50,000 + $3,200
$53,200
$1,106
2012$48,700 + $3,200
$51,900
$1,182
2011$44,800 + $5,900
$50,700
$1,113
2010$44,800 + $5,900
$50,700
$1,130
2008$44,800 + $5,900
$50,700
$1,434
2008$44,800 + $5,900
$50,700
$1,434
2006$75,200 + $5,900
$81,100
$1,360

Listed 2024-06-18
$255,319
MIBOR
Listing removed 2022-08-26
$0
MIBOR
Price Changed 2022-06-06
$287,000
MIBOR
Price Changed 2022-05-13
$297,000
MIBOR
Listed 2022-04-25
$327,000
MIBOR
Sold 2003-10-31
$108,528
Public Record

Year Built: 1940
Construction Materials: Vinyl Siding
Foundation Details: Block
Levels: Two
Property Age: 84
Roof: Asphalt
Architectural Style: TraditonalAmerican
Click Thumbnail Images To View Full Size
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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.