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$375,000   Price Analysis
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646 E 31st St
Indianapolis, IN 46205
Unknown bed None bath 2,600 SqFt ($144/SqFt)
2,614SqFt lot. Built 1915
Listed 2024-06-20, Taxes $4,821
Ⓧ USDA Ineligible
due to location

near Indianapolis

Welcome to this beautifully renovated duplex

Completed in 2022! This stunning property boasts a new roof, new windows, new HVAC systems and updated plumbing and electrical systems, ensuring peace of mind and low maintenance for years to come. The home features exquisite finishes, including exposed brick, modern light fixtures, a charming original brick fireplace, custom tile features and brand-new appliances. Additionally, washer and dryer hookups are conveniently located in th e basement and one set is included.

Currently, the left side of the duplex is occupied by tenant paying $1, 435 per month, with a lease in place until May 2025. The right side is vacant, offering an excellent opportunity to capture higher rent or for a house hacker looking to live in one unit while renting out the other. This property is perfect for investors seeking a turnkey rental or for homeowners looking to offset their mortgage. Right side is vacant and can be shown anytime. Left side is occupied and will be shown on Thursday, 06/27 from 4-7pm and Saturday, 06/29 from 3-6pm.


Presented by Morgan Thompson at
JUST LIV, LLC.


Property MLS #21985702 from MIBOR

Cooling Features: Central Electric

Road Access: Access Rd
Road Surface Type: Concrete

Lot Size Acres: 0.06
Lot Size Square Feet: 2613

Association: No
Calculated Total Monthly Association Fees: 0
Pet Description: Pet Restrictions Source: 1.5, Pet Deposit Fee: 1.5

Number of Units: 2
Unit Type: 3 Bedroom, 3 Bedroom
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Total Bathrooms in Unit-1: 1.5
Total Bathrooms in Unit-2: 1.5
Total Rooms in Unit-1: 7
Total Rooms in Unit-2: 3
Unit-1 Square Feet: 1300
Unit-2 Square Feet: 1300
Unit 1 Total Actual Rent: 1435

High School District: Indianapolis Public Schools

Elder W. Diggs School 42 is a public elementary school located approximately 1.9 miles away.
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Northwest Community High School (7-8) is a public middle school located approximately 6 miles away.
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St. Richard's Episcopal School is a private elementary and middle school located approximately 0.6 miles away.
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Shortridge High School is a public high school located approximately 0.7 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: Mapleton-Fall Creek
Parcel Number: 490624138183000101
Postal Code Plus 4: 3983
Subdivision: Mapleton-Fall Creek
Township: Center
Property Subtype: Duplex
Lot Number: 1060551
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$98,400 + $5,100
$103,500
$4,821
2021$98,400 + $5,100
$103,500
$2,503
2020$87,200 + $5,100
$92,300
$3,866
2019$85,400 + $5,100
$90,500
$4,855
2018$87,200 + $5,100
$92,300
$3,055
2017$75,200 + $5,100
$80,300
$1,813
2016$75,800 + $5,100
$80,900
$1,176
2015$75,200 + $5,100
$80,300
$1,152
2014$85,800 + $5,100
$90,900
$1,278
2013$85,800 + $5,100
$90,900
$1,244
2012$84,200 + $5,600
$89,800
$2,019
2011$65,100 + $5,600
$70,700
$1,474
2010$65,100 + $5,600
$70,700
$1,511
2008$36,800 + $5,600
$42,400
$1,199
2008$65,100 + $5,600
$70,700
$1,199
2006$38,200 + $5,600
$43,800
$1,175

Price Changed 2024-07-05
$375,000
MIBOR
Listed 2024-06-20
$379,900
MIBOR
Listing removed 2023-01-14
$359,000
MIBOR
Sold 2023-01-04
$296,997
Public Record
Listed 2022-11-16
$359,000
MIBOR
Sold 2021-04-12
$299,811
Public Record
Sold 2020-10-14
$70,000
Public Record

Year Built: 1915
Construction Materials: Vinyl Siding
Levels: Two
Property Age: 109
Property Condition: Updated/Remodeled
Roof: Shingle
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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.