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$160,000   Price Analysis
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1322 W Lee St
Indianapolis, IN 46221
Unknown bed None bath 418 SqFt ($382/SqFt)
5,663SqFt lot. Built 1860
Listed 2024-04-19, Taxes $2,647
Ⓧ USDA Ineligible
due to location

near Indianapolis

This two-unit duplex presents an exceptional opportunity for real estate investors seeking immediate cash flow.

The property features long-term tenants, ensuring a steady rental income from the outset. Additionally, the duplex includes a vast two-car garage and a sizable basement.

This property represents an ideal foundation for building a successful real estate portfolio. Schedule an appointment today to explore ths investment opportunity.


Presented by Gregory Nelson at
Trueblood Real Estate.


Property MLS #21974811 from MIBOR

Cooling Features: Central Electric

Road Access: Access Rd

Lot Size Acres: 0.13
Lot Size Square Feet: 5662

Garage Spaces: 2
Parking Features: Detached

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

Gross Income: 500
Tenant Pays: Electricity

Number of Units: 2
Bedrooms in Unit-1: 2
Total Bathrooms in Unit-1: 2
Total Rooms in Unit-1: 4
Unit-1 Square Feet: 418
Unit 1 Total Actual Rent: 726

High School District: Indianapolis Public Schools

Daniel Webster School 46 is a public elementary and middle school located approximately 0.2 miles away.
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George Washington Community High School (9-12) is a public high school located approximately 1.2 miles away.
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Providence Cristo Rey High School is a private high school located approximately 1.4 miles away.
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Source Listing Status: Active
County: Marion
Directions: GPS Friendly
Tax Year: 2023
Source Property Type: Residential Income
Area: 4912 - Marion - Center Ne
Source Neighborhood: 4912 - Marion - Center Ne
Parcel Number: 491115147011000101
Postal Code Plus 4: 1522
Township: Center
Property Subtype: Duplex
Lot Number: /49-11-15-147-011.000-101
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$69,700 + $8,300
$78,000
$2,647
2021$69,700 + $8,300
$78,000
$1,902
2020$53,100 + $8,300
$61,400
$1,522
2019$50,400 + $8,300
$58,700
$1,484
2018$35,900 + $8,300
$44,200
$1,148
2017$26,000 + $8,300
$34,300
$821
2016$24,800 + $8,300
$33,100
$778
2015$24,400 + $8,300
$32,700
$721
2014$23,400 + $8,300
$31,700
$686
2013$29,200 + $8,300
$37,500
$781
2012$28,300 + $8,800
$37,100
$839
2011$20,000 + $8,800
$28,800
$606
2010$20,000 + $8,800
$28,800
$620
2008$27,300 + $8,800
$36,100
$1,021
2008$20,000 + $8,800
$28,800
$1,021
2006$29,500 + $8,800
$38,300
$1,027

Listed 2024-04-19
$160,000
MIBOR
Listing removed 2024-02-07
$150,000
MIBOR
Listing removed 2024-02-06
$150,000
MIBOR
Listed 2024-01-18
$150,000
MIBOR
Sold 2018-07-02
$50,625
Public Record
Listing removed 2018-06-26
$54,000
MIBOR
Listing removed 2018-06-25
$54,000
MIBOR
Listed 2018-05-22
$54,000
MIBOR
Listing removed 2017-08-10
$49,900
MIBOR
Price Changed 2017-04-22
$49,900
MIBOR
Listed 2017-02-02
$59,900
MIBOR

Year Built: 1860
Levels: One
Property Age: 164
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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.