Discover an exceptional investment in the thriving neighborhood near Edgewood with this fully occupied triplex. Featuring two cozy upstairs units, each offering 1 bedroom and 1 bathroom, alongside a spacious 2-bedroom, 1-bathroom unit on the first floor, this property presents a diverse range of living options. Enjoy the convenience of steady rental income from all three units, coupled with the allure of a sought-after location close to local amenities and attractions. Seize this prime opportunity to own a profitable piece of real estate in a bustling community.
Sold
$215,000
1220 E Thompson Rd, Indianapolis, IN 46227
4beds
3baths
--sqft
Multi Family, Triplex
Built in 1916
-- sqft lot
$225,400 Zestimate®
$--/sqft
$1,241 Estimated rent
Home value
$225,400
$205,000 - $248,000
$1,241/mo
Zestimate® history
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$1,241/mo
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Rent Zestimate®
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$1,265/mo
Est. payment
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: October 16, 2024 at 12:06pm
Listing Provided by:
Matthew Ford 219-921-9051,
PMI Indianapolis
Bought with:
Denis O'Brien
Keller Williams Indy Metro S
Source: MIBOR as distributed by MLS GRID,MLS#: 21975234
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Features
- Has basement: Yes
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
- Details: Unit Parking(2 Car Garage)
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.71 Acres
Details
- Parcel number: 491031113033000500
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Triplex
Condition
- New construction: No
- Year built: 1916
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: No Subdivision
Price history
| Date | Event | Price |
|---|---|---|
| 10/10/2024 | Sold | $215,000-8.5% |
Source:  MIBOR as distributed by MLS GRID #21975234 Report a problem | ||
| 9/2/2024 | Pending sale | $235,000 |
Source: MIBOR as distributed by MLS GRID #21975234 Report a problem | ||
| 8/16/2024 | Price change | $235,000-2.1% |
Source: MIBOR as distributed by MLS GRID #21975234 Report a problem | ||
| 6/21/2024 | Listed for sale | $240,000 |
Source: MIBOR as distributed by MLS GRID #21975234 Report a problem | ||
| 6/10/2024 | Pending sale | $240,000 |
Source: MIBOR as distributed by MLS GRID #21975234 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,938 +8.5% | $243,500 +4.5% |
| 2023 | $5,472 +18.9% | $233,100 +9.1% |
| 2022 | $4,601 +9.6% | $213,600 +20.9% |
Find assessor info on the county website
Neighborhood: Edgewood
Nearby schools
GreatSchools rating
- 6/10Southport 6th Grade AcademyGrades: 6Distance: 1.1 mi
- 4/10Southport High SchoolGrades: 9-12Distance: 1.7 mi
- 5/10Southport Middle SchoolGrades: 7-8Distance: 1.1 mi
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Estimated market value
$225,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$225,400
- Indiana
- Marion County
- Indianapolis
- 46227
- Edgewood
- 1220 E Thompson Rd