$312,500 Price Analysis    ♡   Indianapolis, IN 46203 Unknown bed None bath 1,120 SqFt ($279/SqFt) 6,098SqFt lot. Built 1927 Listed 2024-03-13, Taxes $2,249 | Ⓧ USDA Ineligible due to location near Indianapolis |
Welcome to the vibrant heart of Indianapolis living at 2760-2762 Shelby St!
* Sale Pending *This impeccably maintained duplex, nestled in the up-and-coming area, offers a prime investment opportunity with its turn-key features and prime location. The pr operty boasts two identical units, with 2760 currently owner-occupied and ready to embrace an AirBnb, tenant or owner. Meanwhile, 2762 is already generating income at $1, 350 per month, with a lease expiring in July 2024. This energy-efficient duplex has no deferred maintenance, featuring a 10-year-old roof and recently installed Carrier 96% high-efficiency furnaces and hot water heaters (Oct 2023). The remodeled bathrooms, new insulation and floating floors enhance the comfort and efficiency of both units. Large rooms characterize each unit, including vast living and dining areas, a large eat-in kitchen with a butler pantry and beautifully remodeled bathrooms.
The attention to detail is evident in every corner, from the custom blackout shades in 2760 to the Pella windows throughout. Both kitchens are equipped with new appliances, with washers and dryers in each unit and a bonus deep freezer chest. The basement is dry-locked and painted and offers additional usable space. The outdoor space is an entertainer's dream, featuring a private patio with a fire pit, a large propane grill and a brand-new shed (8 x 6). A custom privacy fence (2021) adds to the charm and privacy. Convenience is key, with separate utilities for each unit, city water/sewer and the option to kep the 2-year-old hot tub/spa. The property is 2 minutes from I-65, while the 132-acre Garfield Park is a mere two blocks away. The neighborhood offers a variety of amenities, including a brewery, bakery and coffee shops on the same street. Commute effortlessly to downtown Indianapolis, Eli Lilly and Fountain Square within 10 minutes. The home is strategically located on the IndyGo Electric bus line. Don't miss this opportunity!!
Presented by Devan Lunceford at
Elite Indy Realty Group.
Property MLS #21968359 from MIBOR
Outdoor Fire Pit
Fencing: Fence Complete, Fence Full Rear, Privacy
Road Access: Frontage Road, Street Cuts
Lot Size Acres: 0.14
Lot Size Square Feet: 6098
Calculated Total Monthly Association Fees: 0
Pet Description: Pet Deposit Fee: 1
Tenant Pays: All Utilities, Insurance
Bedrooms in Unit-1: 2
Total Bathrooms in Unit-1: 1
Total Rooms in Unit-1: 5
Unit-1 Square Feet: 1120
Unit 1 Total Actual Rent: 1350
Map directions Map directions Map directions Map directionsCounty: Marion
Directions: GPS Friendly
Tax Year: 2023
Source Property Type: Residential Income
Area: 4913 - Marion - Center Se
Source Neighborhood: 4913 - Marion - Center Se
Parcel Number: 491124116029000101
Postal Code Plus 4: 5231
Township: Center
Property Subtype: Duplex
Lot Number: 3579
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $110,400 + $21,100 $131,500 | $2,249 |
| 2021 | $110,400 + $21,100 $131,500 | $1,531 |
| 2020 | $101,000 + $21,100 $122,100 | $1,374 |
| 2019 | $87,000 + $14,600 $101,600 | $1,138 |
| 2018 | $75,400 + $14,600 $90,000 | $1,001 |
| 2017 | $69,800 + $14,600 $84,400 | $846 |
| 2016 | $55,600 + $14,600 $70,200 | $681 |
| 2015 | $53,000 + $14,600 $67,600 | $1,488 |
| 2014 | $51,600 + $14,600 $66,200 | $1,431 |
| 2013 | $51,600 + $14,600 $66,200 | $1,376 |
| 2012 | $50,800 + $14,600 $65,400 | $1,467 |
| 2011 | $47,500 + $15,100 $62,600 | $1,306 |
| 2010 | $47,500 + $15,100 $62,600 | $1,338 |
| 2008 | $63,700 + $15,100 $78,800 | $2,228 |
| 2008 | $47,500 + $15,100 $62,600 | $2,228 |
| 2006 | $50,000 + $15,000 $65,000 | $1,744 |
$312,500
MIBOR
Listing removed 2019-10-12
$0
MIBOR
Listing removed 2019-09-30
$0
MIBOR
Price Changed 2019-09-15
$218,000
MIBOR
Price Changed 2019-09-13
$228,000
MIBOR
Price Changed for rent 2019-09-04
$950
MIBOR
Listed for rent 2019-09-03
$900
MIBOR
Price Changed 2019-09-01
$255,000
MIBOR
Listed 2019-08-29
$299,999
MIBOR
Sold 2016-09-15
$81,000
Public Record
Listing removed 2016-09-14
$89,900
MIBOR
Listed 2016-06-20
$89,900
MIBOR
Construction Materials: Brick, Vinyl Siding, Vinyl With Brick
Levels: Two
Property Age: 97
Property Condition: Updated/Remodeled
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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.