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$725,000   Price Analysis
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43 W Fall Creek Parkway South Dr Unit 1-4
Indianapolis, IN 46208
Unknown bed None bath 5,784 SqFt ($125/SqFt)
Built 1910
Listed 2024-03-27
Ⓧ USDA Ineligible
due to location

near Indianapolis

Welcome to your next best investment.

This cash flowing quadplex offers 3 bed/2 full bath per unit. Each unit is: fully ccupied, updated and well maintained, 100% electric with furnaces and central air, washer/dryer hook ups in the unit. There is a nice common area out back with a deck and partially fenced in yar d.

This home is located in a prime spot by everything downtown has to offer and across the Fall Creek river from Ivy Tech's campus and the Children's museum. You will not be happy if you miss out on this extraordinary investment property!


Presented by Austin Fish at
Go Fish Realty.


Property MLS #21970622 from MIBOR

Laundry Features: Connections All, Laundry Closet, Main Level, Upper Level

Basement Features: Partial, Unfinished

Cooling Features: Central Electric
Heating Features: Heat Pump

Smart Lock(s)
Road Access: Access Rd, Frontage Road

Parking Features: Street Only

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

Gross Income: 5946
Tenant Pays: Electricity

Number of Units: 4
Unit Type: 3 Bedroom, 3 Bedroom, 3 Bedroom, 3 Bedroom
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 3
Bedrooms in Unit-4: 3
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 2
Total Bathrooms in Unit-4: 2
Total Rooms in Unit-1: 6
Total Rooms in Unit-2: 6
Total Rooms in Unit-3: 6
Total Rooms in Unit-4: 6
Unit-1 Square Feet: 1446
Unit-2 Square Feet: 1446
Unit-3 Square Feet: 1446
Unit-4 Square Feet: 1446
Unit 1 Total Actual Rent: 1478
Unit 2 Total Actual Rent: 1481
Unit 3 Total Actual Rent: 1500
Unit 4 Total Actual Rent: 1487

High School District: Indianapolis Public Schools

Elder W. Diggs School 42 is a public elementary school located approximately 1.1 miles away.
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Northwest Community High School (7-8) is a public middle school located approximately 5.4 miles away.
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Believe Circle City High School is a public high school located approximately 0.2 miles away.
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Capitol City Seventh-Day Adventist School is a private elementary and middle school located approximately 0.5 miles away.
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Source Listing Status: Active
County: Marion
Directions: GPS Friendly
Tax Year: 2023
Source Property Type: Residential Income
Area: 4911 - Marion - Center Nw
Source Neighborhood: Rubens Wildwood
Owner Pays: Insurance, Lawncare, Taxes, Sewer, Water
Parcel Number: 490625134014000101
Postal Code Plus 4: 5735
Subdivision: Rubens Wildwood
Township: Center
Property Subtype: Fourplex
Lot Number: 49-06-25-134-012.000-101
Source System Name: C2C

Listed 2024-03-27
$725,000
MIBOR
Listing removed 2022-06-06
$599,900
MIBOR
Listed 2022-03-30
$599,900
MIBOR

Year Built: 1910
Construction Materials: Brick, Cement Siding
Direction Faces: North
Foundation Details: Brick
Levels: Two
Property Age: 114
Property Condition: Updated/Remodeled
Roof: Flat
Architectural Style: TraditonalAmerican
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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.