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$330,000   Price Analysis
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5025 N College Ave
Indianapolis, IN 46205
Unknown bed None bath 2,228 SqFt ($148/SqFt)
6,970SqFt lot. Built 1927
Listed 2024-06-27, Taxes $4,803
Ⓧ USDA Ineligible
due to location

near Indianapolis

South Broad Ripple duplex in a fantastic location with income potential.

Walking distance from restaurants, shops and the IndyGo Red Line. Each side features 1 bedroom on the main level (743 sq ft each unit), full bathroom, finished basement (371 sq ft each unit that includes laundry and bonus room with closet and windows).

Note: Unit 5025 (south unit) also includes a 2nd full bathroom in the basement. The main floor ha s a dining area overlooking the great and a galley kitchen. Large backyard with garage and parking off the alley. Brand new roof June 2024.


Presented by Scott Mccain at
CENTURY 21 Scheetz.
Listing Agent Photo

Property MLS #21986566 from MIBOR

Laundry Features: In Basement

Basement Features: Finished, Partial

Cooling Features: Central Electric
Heating Features: Forced Air, Gas

Fencing: Partial
Road Access: Frontage Road
Road Frontage Type: City Street
Road Surface Type: Asphalt

Lot Description: Busline, City Lot, Sidewalks, Street Lights
Lot Size Acres: 0.16
Lot Size Square Feet: 6969

Garage Spaces: 1
Parking Features: Alley Access, Detached

Association: No
Calculated Total Monthly Association Fees: 0
Pet Description: Pet Restrictions Source: 2, Pet Deposit Fee: 1

Elementary School: James Whitcomb Riley School 43
High School District: Indianapolis Public Schools

James Whitcomb Riley School 43 is a public elementary and middle school located approximately 1.4 miles away.
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The Independence Academy is a private elementary, middle and high school located approximately 0.3 miles away.
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Broad Ripple Magnet High School for the Arts & Humanities (9-12) is a public high school located approximately 1.7 miles away.
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Number of Units: 2
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: 2
Total Rooms in Unit-1: 6
Total Rooms in Unit-2: 6
Unit-1 Square Feet: 1114
Unit-2 Square Feet: 1114
Unit 2 Total Actual Rent: 1000

Tenant Pays: Electricity, Gas, Insurance, Lawncare

Source Listing Status: Active
County: Marion
Directions: GPS Friendly
Tax Year: 2024
Source Property Type: Residential Income
Area: 4903 - Marion - Washington
Source Neighborhood: Harschs College
Owner Pays: Water
Parcel Number: 490612144010000801
Postal Code Plus 4: 1133
Subdivision: Harschs College
Township: Washington
Property Subtype: Duplex
Lot Number: 3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$233,600 + $25,000
$258,600
$4,803
2021$233,600 + $25,000
$258,600
$4,400
2020$210,700 + $25,000
$235,700
$4,013
2019$207,000 + $25,000
$232,000
$4,016
2018$197,300 + $25,000
$222,300
$3,872
2017$188,100 + $25,000
$213,100
$3,291
2016$169,800 + $25,000
$194,800
$2,844
2015$168,100 + $25,000
$193,100
$2,953
2014$169,500 + $25,000
$194,500
$2,905
2013$155,700 + $25,000
$180,700
$2,575
2012$152,600 + $25,000
$177,600
$1,970
2011$110,000 + $25,000
$135,000
$1,391
2010$110,000 + $25,000
$135,000
$1,436
2008$108,000 + $25,000
$133,000
$1,218
2008$111,900 + $25,000
$136,900
$1,218
2006$91,400 + $25,000
$116,400
$2,380

Listed 2024-06-27
$330,000
MIBOR
Sold 2006-07-06
$170,572
Public Record
Sold 2003-10-16
$172,900
Public Record

Year Built: 1927
Construction Materials: Aluminum Siding
Foundation Details: Block
Levels: One
Property Age: 97
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.