INVESTOR ALERT!! Presenting New Construction Multi-Family located in one of Indianapolis' rapidly appreciating neighborhoods - FOUNTAIN SQUARE! This vertical duplex or 'Multi-Unit Home' is ideal for both seasoned and first-time investors seeking strong rental income and long-term equity growth. This Professionally built property features two spacious and modern 3-Bedroom, 2-Bathroom units, each with open-concept floor plans, luxury vinyl plank flooring, stainless steel appliances, granite countertops, and energy-efficient HVAC systems. Designed for low maintenance and tenant appeal, each unit includes in-unit laundry, off-street parking, and private entrances for enhanced privacy and convenience. High-Demand Rental Market: Close to downtown, major employers, universities, and highway access. Strategically located within minutes of revitalized commercial corridors, transit lines, and ongoing city development projects, this turnkey asset offers favorable rents and long-term appreciation. Whether you're looking to house hack, add to your rental portfolio, or capitalize on Indy's affordable housing demand, these duplexes check every box for smart investing....Reach out today or schedule an appointment to tour our builds, review lot availability & building specs!
Active
$425,000
1125 Trowbridge St, Indianapolis, IN 46203
3beds
2baths
--sqft
Est.:
Multi Family, Duplex
Built in 2025
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Off-street parkingIn-unit laundryPrivate entrancesOpen-concept floor plansGranite countertopsStainless steel appliancesEnergy-efficient hvac systems
- 111 days |
- 156 |
- 13 |
Zillow last checked: 8 hours ago
Listing updated: October 30, 2025 at 11:38am
Listing Provided by:
April Fitzgerald 317-201-1548,
Richfield Realty Group
Source: MIBOR as distributed by MLS GRID,MLS#: 22059717
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Appliances
- Laundry: Laundry Room
Property
Parking
- Total spaces: 2
- Parking features: Concrete
- Details: Unit Parking(2 Car Space)
Lot
- Size: 4,791.6 Square Feet
Details
- Parcel number: 491017106024000101
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Foundation: Block
Condition
- New Construction
- New construction: Yes
- Year built: 2025
Details
- Builder name: Bentley Construction
Community & HOA
Community
- Subdivision: C M Coopers Trs Prospect St Add
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $5,300
- Annual tax amount: $148
- Date on market: 8/29/2025
- Cumulative days on market: 113 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2025 | Listed for sale | $425,000+1207.7% |
Source: | ||
| 8/27/2025 | Sold | $32,500-18.8% |
Source: | ||
| 8/12/2025 | Pending sale | $40,000 |
Source: | ||
| 7/17/2025 | Price change | $40,000-20% |
Source: | ||
| 6/20/2025 | Listed for sale | $50,000 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $147 -0.2% | $5,300 |
| 2023 | $147 -6.3% | $5,300 |
| 2022 | $157 +0.2% | $5,300 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,494/mo
Principal & interest
$2033
Property taxes
$312
Home insurance
$149
Climate risks
Neighborhood: Fountain Square
Nearby schools
GreatSchools rating
- 7/10William McKinley School 39Grades: PK-6Distance: 0.7 mi
- 6/10Center for Inquiry School 2Grades: K-8Distance: 2.4 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 1.9 mi
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