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Pending
  • $189,900

    1130 E Kelly St, Indianapolis, IN 46203

    4beds
    3baths
    --sqft
    : 
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    Multi Family, Duplex
    Built in 1937
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Full unfinished basementPrivate side entranceQuality-built all-brick duplex
    Rare opportunity to own a quality-built, all-brick duplex just minutes from downtown Indianapolis! This property showcases the kind of craftsmanship that's hard to find today-no sloping or soft floors, no bowing walls, just a rock-solid building built to last. Each unit features its own covered concrete patio and private side entrance. The property also includes a rare all-brick 3-car detached garage, with the occupied unit using the 1-car bay and the vacant unit enjoying the 2-car garage. It's incredibly uncommon to find a 2-bedroom rental this close to downtown with a 2-car garage. Additional gravel parking along the side and rear alley provides plenty of off-street parking for tenants and guests. One unit was fully renovated in 2021 and is in excellent condition. It also features a basement bedroom and half-bath suite completed in 2020, creating a functional 3-bedroom layout. The second unit currently has 2 bedrooms after the original family room was converted into a bedroom, while the full unfinished basement offers an excellent opportunity to add a basement bedroom and bath similar to the renovated unit. A future owner could create two 3-bedroom units or maximize income with a room-by-room rental strategy. Excellent location just a 4-minute drive to Fountain Square, only 3 miles from the heart of downtown Indianapolis, and within walking distance of Garfield Park. Whether you're looking to house hack, expand your portfolio, or add value through future improvements, this solid brick duplex is a rare investment opportunity.
    5 days
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    269
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    18
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    Zillow last checked:

    Listing updated:

    Listed by:

    Travis Carpenter 317-250-8052,

    Indiana Ford Realty LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22112276MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Laundry: Connections All
      Features
      • Basement: Partially Finished

      Property

      Parking
      • Total spaces: 3
      • Parking features: Detached
      • Garage spaces: 3
      • Details: Unit Parking(2 Car Garage, On Street)
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 4,356 Square Feet
      • Features: Busline, Sidewalks, Storm Sewer
      Details
      • Parcel number: 491019145007000101
      • Special conditions: As Is,Broker Owned

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Multi Family, Duplex
      Materials
      • Brick
      • Foundation: Block
      • Roof: Asphalt
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1937

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Downeys Southeast
      Location
      • Region: Indianapolis

      Financial & listing details

      • Tax assessed value: $143,400
      • Annual tax amount: $3,472
      • Date on market: 7/6/2026
      • Cumulative days on market: 6 days
      • Tenant pays: Electricity, Gas, Sewer, Trash Collection

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/7/2026Pending sale$189,900
        Source: MIBOR as distributed by MLS GRID #22112276 Report a problem
        7/6/2026Listed for sale$189,900+109.8%
        Source: MIBOR as distributed by MLS GRID #22112276 Report a problem
        9/5/2023Listing removed--
        Source: Zillow Rentals Report a problem
        8/22/2023Listed for rent$1,200
        Source: Zillow Rentals Report a problem
        5/19/2021Sold$90,500
        Source: MIBOR as distributed by MLS GRID #21779589 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,472 -10.1%$143,400 -2%
        2024$3,862 +12.7%$146,300 -10.1%
        2023$3,426 +35.4%$162,800 +12.2%
        2022$2,531 +10.1%$145,100 +32.3%
        2021$2,299 +10.3%$109,700 +10.5%
        2020$2,085 +20.9%$99,300 +12.5%
        2019$1,725 +16.2%$88,300 +22%
        2018$1,484 -1.8%$72,400 +8.2%
        2017$1,512 +5.3%$66,900
        2016$1,436 +6.8%$66,900 +7.6%
        2014$1,345 -5.2%$62,200
        2013$1,419 $62,200 +1.5%
        2012$1,419 $61,300 +21.1%
        2011-- $50,600
        2010$1,090 -1.9%$50,600
        2009$1,111 $50,600 -15%
        2007-- $59,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Garfield Park

        Getting around

        73 / 100
        Very Walkable
        37 / 100
        Some Transit
        79 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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