$152,500 Price Analysis    ♡   Indianapolis, IN 46201 Unknown bed None bath 1,400 SqFt ($108/SqFt) 3,920SqFt lot. Built 1925 Listed 2024-04-22, Taxes $3,385 | Ⓧ USDA Ineligible due to location near Indianapolis |
INVESTOR ALERT!
Welcome to your next turnkey investment opportunity in Indianapolis - a lovely remodeled ranch duplex in the popular Tuxedo Park neighborhood. Located in the heart of Indy's near Eastside, this duplex is strategically situated fr convenience and growth. It's an excellent location with tons of development happening in the area and less than a 10-minute drive into downtown. Completely renovated in the last ~4 years, this property boasts a newer roof, siding, windows, furnace, water heater, electrical, plumbing, carpet, paint and more. Brand new furnace on the 509 side!
Both units are identical, each featuring 1 bedroom/1 bathroom, 700sq ft, with an unfinished basement. Both are currently occupied, ensuring immediate income for the savvy investor. Rents are $650 per side. Unit 507's lease is month to month and 509's is up in Oct 2024. Tenants pay for electricity and the owner pays for water/sewer. Surrounded by parks, schools, shopping, dining, transportation and more, this property offers a desirable lifestyle for tenants, ensuring strong demand and occupancy rates. Don't miss out on this prime o pportunity to secure steady returns in a flourishing area!
Presented by Peter Stewart at
Keller Williams Indpls Metro N.
Property MLS #21972584 from MIBOR
Lot Size Acres: 0.09
Lot Size Square Feet: 3920
Calculated Total Monthly Association Fees: 0
Pet Description: Pet Restrictions Source: 1, Pet Deposit Fee: 1
Unit Type: 1 Bedroom, 1 Bedroom
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 4
Total Rooms in Unit-2: 4
Unit-1 Square Feet: 700
Unit-2 Square Feet: 700
Unit 1 Total Actual Rent: 650
Unit 2 Total Actual Rent: 650
Map directions Map directions Map directions Map directionsCounty: Marion
Directions: GPS Friendly
Tax Year: 2023
Source Property Type: Residential Income
Area: 4912 - Marion - Center Ne
Source Neighborhood: Tuxedo Park
Owner Pays: Sewer, Water
Parcel Number: 491004119417000101
Postal Code Plus 4: 2640
Subdivision: Tuxedo Park
Township: Center
Zoning: MU1
Property Subtype: Duplex
Lot Number: 14
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $64,600 + $6,100 $70,700 | $3,385 |
| 2021 | $64,600 + $6,100 $70,700 | $1,697 |
| 2020 | $66,200 + $1,900 $68,100 | $3,224 |
| 2019 | $61,400 + $1,900 $63,300 | $1,558 |
| 2018 | $59,800 + $1,900 $61,700 | $1,533 |
| 2017 | $54,400 + $1,900 $56,300 | $1,257 |
| 2016 | $40,800 + $1,900 $42,700 | $1,320 |
| 2015 | $36,600 + $1,900 $38,500 | $847 |
| 2013 | $39,400 + $1,900 $41,300 | $858 |
| 2012 | $41,000 + $2,400 $43,400 | $978 |
| 2011 | $25,700 + $6,400 $32,100 | $672 |
| 2010 | $25,700 + $6,400 $32,100 | $980 |
| 2008 | $34,200 + $6,400 $40,600 | $1,148 |
| 2008 | $39,400 + $6,400 $45,800 | $1,148 |
| 2006 | $41,400 + $6,400 $47,800 | $1,282 |
$152,500
MIBOR
Listed 2024-04-22
$159,000
MIBOR
Listing removed 2023-09-24
$175,000
MIBOR
Relisted 2023-05-31
$175,000
MIBOR
Listing removed 2023-05-18
$175,000
MIBOR
Price Changed 2023-04-26
$175,000
MIBOR
Listed 2023-03-23
$185,000
MIBOR
Listing removed 2021-11-08
$0
Rently
Sold 2021-10-26
$150,000
Public Record
Listed for rent 2021-10-25
$650
Rently
Sold 2021-06-17
$60,000
Public Record
Listing removed 2021-06-11
$65,000
MIBOR
Listed 2021-04-18
$65,000
MIBOR
Listing removed 2019-01-18
$0
AppfolioUnits
Listing removed 2019-01-11
$0
AppfolioUnits
Listing removed 2018-11-18
$500
AppfolioUnits
Price Changed for rent 2018-10-19
$500
AppfolioUnits
Listed for rent 2018-10-03
$530
AppfolioUnits
Listing removed 2018-03-31
$0
AppfolioUnits
Listed for rent 2018-03-28
$500
AppfolioUnits
Listing removed 2018-03-10
$0
AppfolioUnits
Listing removed 2018-02-22
$500
AppfolioUnits
Listed for rent 2017-12-08
$500
AppfolioUnits
Construction Materials: Vinyl Siding
Foundation Details: Block
Levels: One
Property Age: 99
Property Attached: Yes
Roof: Asphalt
Architectural Style: Ranch
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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.