Great cash flow with this duplex in an area that is ripe for continued growth, between Stringtown and Central State on the Near West Side. The main level unit rents for $850/mo and offers 2 bedrooms plus a finished bonus room in the basement. It also features a tiled tub surround in the bathroom and a new central air unit. Both units have their own furnaces, fenced yards, and pay their own utilities. The upstairs unit is vacantwith a market rate of $850/mo, and is easy to show. It does not have central air. The main level unit has access to the 2 car detached garage. This property is being sold in as-is condition. Please show 281 1/2, but do not disturb the tenants at 281 until after an accepted offer.
Sold
$155,000
281 N Addison St, Indianapolis, IN 46222
4beds
2baths
--sqft
Multi Family, Duplex
Built in 1882
-- sqft lot
$162,000 Zestimate®
$--/sqft
$917 Estimated rent
Home value
$162,000
$147,000 - $178,000
$917/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: December 04, 2024 at 11:46am
Listing Provided by:
Jeremy Sandlin 317-441-4675,
F.C. Tucker Company
Bought with:
Justin Pugh
The Wyman Group
Source: MIBOR as distributed by MLS GRID,MLS#: 21989080
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Main level bathrooms: 4
Heating
- Dual, Forced Air
Cooling
- None
Features
- Basement: Finished,Partial
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Fencing: Fenced,Chain Link,Fence Complete,Fence Full Rear,Front Yard
Lot
- Size: 5,227 sqft
Details
- Parcel number: 491104110011000901
- Special conditions: As Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Wood
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1882
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: West Park
Other
Other facts
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 12/3/2024 | Sold | $155,000+3.4% |
Source:  MIBOR as distributed by MLS GRID #21989080 Report a problem | ||
| 10/25/2024 | Pending sale | $149,900 |
Source: MIBOR as distributed by MLS GRID #21989080 Report a problem | ||
| 10/18/2024 | Price change | $149,900+3.4% |
Source: MIBOR as distributed by MLS GRID #21989080 Report a problem | ||
| 8/21/2024 | Pending sale | $145,000 |
Source: MIBOR as distributed by MLS GRID #21989080 Report a problem | ||
| 8/19/2024 | Listed for sale | $145,000 |
Source: MIBOR as distributed by MLS GRID #21989080 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,786 +2.7% | $173,100 +8.5% |
| 2023 | $3,686 +135.1% | $159,600 +2.2% |
| 2022 | $1,568 +17.6% | $156,100 +47.4% |
Find assessor info on the county website
Neighborhood: Near Westside
Nearby schools
GreatSchools rating
- 7/10George Washington Carver School 87Grades: PK-8Distance: 2.9 mi
- 1/10George Washington Community High School (9-12)Grades: 9-12Distance: 0.4 mi
- 1/10Crispus Attucks Medical Magnet High School (9-12)Grades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: George Washington Carver School 87
- High: George Washington High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$162,000
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
$162,000
- Indiana
- Marion County
- Indianapolis
- 46222
- Near Westside
- 281 N Addison St