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Sold
  • $197,050

    1130 E Kelly St, Indianapolis, IN 46203

    4beds
    3baths
    --sqft
    Multi Family, Duplex
    Built in 1937
    -- sqft lot
    $197,700 Zestimate®
    $--/sqft
    $1,265 Estimated rent

    Home value

    $197,700

    $186,000 - $210,000

    $1,265/mo

    Zestimate® history
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    $1,310/mo

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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Travis Carpenter 317-250-8052,

    Indiana Ford Realty LLC

    Bought with:

    Ragan Matthews

    BlackMatt Realty Group, 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: 2 days
    • Tenant pays: Electricity, Gas, Sewer, Trash Collection

    Price history

    DateEventPrice
    8/5/2026Sold$197,050+3.8%
    Source: MIBOR as distributed by MLS GRID #22112276 Report a problem
    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

    Neighborhood: Garfield Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $197,700
    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
    $197,700