A great opportunity in the heart of downtown Indianapolis! This completely renovated duplex offers two identical units, each featuring 2 bedrooms, a comfortable living room, updated kitchen and updated bath. 1331 Has a New Refrigerator, O/R and both have New Microhoods. They also have washer/dryer hookups for added convenience. Each with new HVAC systems that add peace of mind and efficiency. Outside, offers a shared covered front porch and open patio area, creating inviting spaces to relax or entertain. A mini barn provides additional storage with each side having their own access. Also off street parking in back with a fresh gravel driveway. With its convenient downtown location, thoughtful updates, and matching layouts, this duplex is an excellent opportunity for an investor looking to add to their portfolio or an owner-occupant seeking additional rental income. Live in one side and let the other help pay the mortgage! These units are ready to move right in!
Pending
$205,000
1329 Kappes St, Indianapolis, IN 46221
4beds
2baths
--sqft
Multi Family, Duplex
Built in 1920
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Open patio areaShared covered front porchFresh gravel drivewayNew microhoodsUpdated kitchenNew hvac systemsUpdated bath
- 3 days |
- 234 |
- 32 |
Zillow last checked:
Listing updated:
Listed by:
Shea Duymovic 317-809-0295,
REMAX ONE
Source: MIBOR as distributed by MLS GRID,MLS#: 22121321
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Main level bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Laundry: Connections All
Features
- Has basement: No
Property
Parking
- Parking features: Gravel
- Details: Unit Parking(On Street, Other)
Features
- Levels: One
- Stories: 1
Lot
- Size: 4,791 Square Feet
- Features: Curbs, Sidewalks, Street Lights
Details
- Additional structures: Barn Mini
- Parcel number: 491115145015000101
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family, Duplex
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Asphalt
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1920
Community & HOA
Community
- Subdivision: C F Reisners W Indpls Sub
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $117,000
- Annual tax amount: $2,874
- Date on market: 8/22/2026
- Cumulative days on market: 3 days
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Pending sale | $205,000 |
Source:  MIBOR as distributed by MLS GRID #22121321 Report a problem | ||
| 8/22/2026 | Listed for sale | $205,000+925% |
Source: MIBOR as distributed by MLS GRID #22121321 Report a problem | ||
| 5/23/2014 | Sold | $20,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,482 +17.3% | $117,000 +11.9% |
| 2024 | $2,116 -2.2% | $104,600 +17.3% |
| 2023 | $2,163 +42.9% | $89,200 -2.6% |
| 2022 | $1,513 +29.2% | $91,600 +39.6% |
| 2021 | $1,172 +3% | $65,600 +29.6% |
| 2020 | $1,138 +2.5% | $50,600 +5% |
| 2019 | $1,110 +16.7% | $48,200 +3.4% |
| 2018 | $952 +1% | $46,600 +11.5% |
| 2017 | $942 +8.6% | $41,800 +4% |
| 2016 | $868 +473.4% | $40,200 +474.3% |
| 2014 | $151 -18.9% | $7,000 -10.3% |
| 2013 | $187 | $7,800 -3.7% |
| 2012 | $187 | $8,100 -81.1% |
| 2011 | -- | $42,900 |
| 2010 | $899 -2.3% | $42,900 |
| 2009 | $920 | $42,900 -21% |
| 2007 | -- | $54,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: West Indianapolis
Nearby schools
GreatSchools rating
- 4/10Daniel Webster School 46Grades: PK-5Distance: 0.2 mi
- 3/10William Penn School 49Grades: 6-8Distance: 0.4 mi
- 1/10George Washington Community High School (9-12)Grades: 9-12Distance: 1.2 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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