The duplex of dreams! This duplex offers two units, each of which offers 1 bedroom and 1 bathroom per side. With plenty of updates to both the interior and exterior, you can add this property to your portfolio right away and get the cash flowing. The 1206 unit is currently vacant, updated, and ready for someone to move right in. Whether you are looking to rent out both units or move into one, this is a plug and play property from the start. The 1208 unit is occupied by a long-term tenant with below market rent, which provides a great value-add opportunity. Don't miss the opportunity on this Little Flower duplex!
Sold
$125,000
1206 N Gladstone Ave, Indianapolis, IN 46201
2beds
2baths
--sqft
Multi Family, Duplex
Built in 1924
-- sqft lot
$126,200 Zestimate®
$--/sqft
$1,154 Estimated rent
Home value
$126,200
$116,000 - $136,000
$1,154/mo
Zestimate® history
Owner options
List your home for rent
$1,154/mo
Rent Zestimate®
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$1,154/mo
Rent Zestimate®
Refinance and save
$628/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$628/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Maxwell Richter 317-842-3400,
Wilmoth Group
Bought with:
Maxwell Richter
Wilmoth Group
Source: MIBOR as distributed by MLS GRID,MLS#: 22047055
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Cooling
- Separate Meters
Appliances
- Laundry: Connections All
Features
- Has basement: Yes
Property
Parking
- Details: Unit Parking(Paved Area)
Features
- Levels: One
- Stories: 1
Lot
- Size: 5,662 Square Feet
- Features: Sidewalks
Details
- Parcel number: 490733178187000101
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family, Duplex
- Attached to another structure: Yes
Materials
- Vinyl With Brick, Brick
- Foundation: Block
Condition
- New construction: No
- Year built: 1924
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Johnsons East 10th St
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $112,600
- Annual tax amount: $2,248
- Date on market: 6/25/2025
- Cumulative days on market: 55 days
- Tenant pays: Cable TV, Electricity, Gas, All Utilities
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2025 | Sold | $125,000-10.7% |
Source:  MIBOR as distributed by MLS GRID #22047055 Report a problem | ||
| 8/18/2025 | Pending sale | $140,000 |
Source: MIBOR as distributed by MLS GRID #22047055 Report a problem | ||
| 7/29/2025 | Price change | $140,000-3.4% |
Source: MIBOR as distributed by MLS GRID #22047055 Report a problem | ||
| 6/25/2025 | Listed for sale | $145,000+86.1% |
Source: MIBOR as distributed by MLS GRID #22047055 Report a problem | ||
| 10/22/2020 | Listing removed | $545 |
Source: Wilmoth Group #21738126 Report a problem | ||
| 10/7/2020 | Price change | $545-8.4% |
Source: Wilmoth Group #21738126 Report a problem | ||
| 9/11/2020 | Listed for rent | $595+8.2% |
Source: Wilmoth Group #21738126 Report a problem | ||
| 7/9/2020 | Sold | $77,900-2.5% |
Source: MIBOR as distributed by MLS GRID #21689725 Report a problem | ||
| 5/27/2020 | Pending sale | $79,900 |
Source: Wilmoth Group #21689725 Report a problem | ||
| 5/20/2020 | Listed for sale | $79,900 |
Source: Wilmoth Group #21689725 Report a problem | ||
| 4/26/2020 | Pending sale | $79,900 |
Source: Wilmoth Group #21689725 Report a problem | ||
| 4/24/2020 | Price change | $79,900-90.6% |
Source: Wilmoth Group #21689725 Report a problem | ||
| 1/16/2020 | Listed for sale | $850,000+1788.9% |
Source: Wilmoth Group #21689725 Report a problem | ||
| 8/12/2018 | Listing removed | $550 |
Source: Wilmoth Group #21581276 Report a problem | ||
| 7/12/2018 | Listed for rent | $550 |
Source: WILMOTH Group Report a problem | ||
| 3/15/2018 | Sold | $45,000 |
Source: Public Record Report a problem | ||
| 9/8/2017 | Sold | $45,000-18.2% |
Source: MIBOR as distributed by MLS GRID #21490120 Report a problem | ||
| 6/26/2017 | Price change | $55,000-8.2% |
Source: RE/MAX Realty Group #21490120 Report a problem | ||
| 6/5/2017 | Listed for sale | $59,900+299.3% |
Source: RE/MAX Realty Group #21490120 Report a problem | ||
| 12/27/2011 | Sold | $15,000-46.7% |
Source: Public Record Report a problem | ||
| 5/14/2010 | Listing removed | $28,165 |
Source: J S Ruiz Realty, Inc. #21019172 Report a problem | ||
| 4/11/2010 | Listed for sale | $28,165+17.4% |
Source: J S Ruiz Realty, Inc. #21019172 Report a problem | ||
| 3/18/2010 | Sold | $24,000-36% |
Source: Public Record Report a problem | ||
| 1/17/2006 | Sold | $37,500 |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,653 +13.4% | $112,600 +0.7% |
| 2024 | $2,339 +4.1% | $111,800 +13.4% |
| 2023 | $2,248 +3.9% | $98,600 +3.6% |
| 2022 | $2,164 +11.2% | $95,200 +1.5% |
| 2021 | $1,945 +8.1% | $93,800 +11.7% |
| 2020 | $1,799 +16.2% | $84,000 +10.2% |
| 2019 | $1,548 +21.1% | $76,200 +17.2% |
| 2018 | $1,278 +2.6% | $65,000 +13.6% |
| 2017 | $1,246 +4.7% | $57,200 +4.4% |
| 2016 | $1,189 -1.1% | $54,800 -1.4% |
| 2014 | $1,202 -11% | $55,600 -2.6% |
| 2013 | $1,351 | $57,100 -4.8% |
| 2012 | $1,351 | $60,000 +19.3% |
| 2011 | -- | $50,300 |
| 2010 | $1,051 -2.4% | $50,300 |
| 2009 | $1,076 | $50,300 -17.3% |
| 2007 | -- | $60,800 |
Find assessor info on the county website
Neighborhood: Near Eastside
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Nearby schools
GreatSchools rating
- 4/10Brookside School 54Grades: PK-5Distance: 0.8 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 3.1 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 2.1 mi
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Estimated market value
$126,200
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
$126,200
- Indiana
- Marion County
- Indianapolis
- 46201
- Near Eastside
- 1206 N Gladstone Ave
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