This well-maintained duplex in the heart of Fountain Square offers a strong investment opportunity with reliable tenants in place. Unit 1228 is rented at $995 per month, while Unit 1226 generates $1,225 per month, with options to renew at a higher rate. Tenants pay all utilities, ensuring minimal expenses for the owner. Recent updates include a paved driveway, electrical upgrades, and reinforced basement walls. Located near popular restaurants and just minutes from downtown Indianapolis, this property is ideal for investors or owner-occupants seeking a prime location with strong rental income. Seller is not open to seller financing.
Sold
$281,300
1226 Saint Paul St, Indianapolis, IN 46203
4beds
2baths
--sqft
Multi Family, Duplex
Built in 1943
-- sqft lot
$284,300 Zestimate®
$--/sqft
$1,117 Estimated rent
Home value
$284,300
$267,000 - $304,000
$1,117/mo
Zestimate® history
Owner options
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$1,117/mo
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$1,117/mo
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$1,754/mo
Est. payment
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$1,754/mo
Est. payment
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Paved driveway
Zillow last checked:
Listing updated:
Listed by:
Annie Scott 317-902-8622,
F.C. Tucker Company
Bought with:
Jake Rupp
@properties
Source: MIBOR as distributed by MLS GRID,MLS#: 22063696
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Appliances
- Laundry: Connections All
Features
- Has basement: Yes
Property
Lot
- Size: 5,227 Square Feet
Details
- Parcel number: 491018173009000101
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow,Traditional
- Property subtype: Multi Family, Duplex
Condition
- New construction: No
- Year built: 1943
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Atkinson
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $265,700
- Annual tax amount: $5,816
- Date on market: 9/19/2025
- Cumulative days on market: 148 days
Price history
| Date | Event | Price |
|---|---|---|
| 3/18/2026 | Sold | $281,300-2.7% |
Source:  MIBOR as distributed by MLS GRID #22063696 Report a problem | ||
| 2/14/2026 | Pending sale | $289,000 |
Source: MIBOR as distributed by MLS GRID #22063696 Report a problem | ||
| 11/4/2025 | Price change | $289,000-3.3% |
Source: MIBOR as distributed by MLS GRID #22063696 Report a problem | ||
| 9/19/2025 | Listed for sale | $299,000-2.3% |
Source: MIBOR as distributed by MLS GRID #22063696 Report a problem | ||
| 2/7/2025 | Listing removed | $306,000 |
Source: MIBOR as distributed by MLS GRID #22020062 Report a problem | ||
| 2/3/2025 | Listed for sale | $306,000+62.9% |
Source: MIBOR as distributed by MLS GRID #22020062 Report a problem | ||
| 9/11/2024 | Listing removed | $1,225 |
Source: Zillow Rentals Report a problem | ||
| 8/24/2024 | Price change | $1,225+4.3% |
Source: Zillow Rentals Report a problem | ||
| 8/22/2024 | Price change | $1,175-6.4% |
Source: Zillow Rentals Report a problem | ||
| 7/29/2024 | Price change | $1,255-8.7% |
Source: Zillow Rentals Report a problem | ||
| 5/30/2024 | Price change | $1,375+1.9% |
Source: Zillow Rentals Report a problem | ||
| 5/14/2024 | Price change | $1,350-6.9% |
Source: Zillow Rentals Report a problem | ||
| 4/29/2024 | Listed for rent | $1,450+26.1% |
Source: Zillow Rentals Report a problem | ||
| 1/23/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/17/2023 | Price change | $1,150+4.5% |
Source: Zillow Rentals Report a problem | ||
| 1/9/2023 | Listed for rent | $1,100 |
Source: Zillow Rentals Report a problem | ||
| 9/1/2020 | Sold | $187,900 |
Source: MIBOR as distributed by MLS GRID #21681095 Report a problem | ||
| 7/3/2020 | Pending sale | $187,900 |
Source: MIBOR REALTOR Association #21681095 Report a problem | ||
| 6/18/2020 | Price change | $187,900-1.1% |
Source: MIBOR REALTOR Association #21681095 Report a problem | ||
| 5/26/2020 | Pending sale | $189,900 |
Source: MIBOR REALTOR Association #21681095 Report a problem | ||
| 5/12/2020 | Price change | $189,900-2.9% |
Source: MIBOR REALTOR Association #21681095 Report a problem | ||
| 5/7/2020 | Price change | $195,500-0.5% |
Source: MIBOR REALTOR Association #21681095 Report a problem | ||
| 4/28/2020 | Price change | $196,500-0.5% |
Source: MIBOR REALTOR Association #21681095 Report a problem | ||
| 4/21/2020 | Price change | $197,500-0.3% |
Source: MIBOR REALTOR Association #21681095 Report a problem | ||
| 4/7/2020 | Price change | $198,000-1% |
Source: MIBOR REALTOR Association #21681095 Report a problem | ||
| 12/22/2019 | Pending sale | $199,900+227.7% |
Source: MIBOR REALTOR Association #21681095 Report a problem | ||
| 5/31/2019 | Sold | $61,000 |
Source: Agent Provided Report a problem | ||
| 3/31/2016 | Sold | --0 |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,816 -1.1% | $265,700 +8.4% |
| 2024 | $5,880 +7.7% | $245,100 -1.1% |
| 2023 | $5,461 +12.8% | $247,900 +7.2% |
| 2022 | $4,842 +107.6% | $231,300 +10.2% |
| 2021 | $2,332 +32.9% | $209,900 +108.4% |
| 2020 | $1,754 +10.1% | $100,700 +35.5% |
| 2019 | $1,594 +20.1% | $74,300 +11.1% |
| 2018 | $1,327 +7.2% | $66,900 +12.4% |
| 2017 | $1,238 +3.5% | $59,500 +8% |
| 2016 | $1,196 +6.2% | $55,100 +5.8% |
| 2014 | $1,126 -3.7% | $52,100 |
| 2013 | $1,169 | $52,100 +0.4% |
| 2012 | $1,169 | $51,900 +33.4% |
| 2011 | -- | $38,900 |
| 2010 | $814 -2.4% | $38,900 |
| 2009 | $833 | $38,900 -8.5% |
| 2007 | -- | $42,500 |
Find assessor info on the county website
Neighborhood: Fountain Square
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Nearby schools
GreatSchools rating
- 6/10William McKinley School 39Grades: PK-5Distance: 0.7 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 2.5 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 1.9 mi
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Estimated market value
$284,300
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$284,300
- Indiana
- Marion County
- Indianapolis
- 46203
- Fountain Square
- 1226 Saint Paul St
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