This beautifully remodeled quadraplex offers an exceptional investment opportunity in the heart of popular Fountain Square. The property features two spacious 2-bedroom, 2-bath units and two well-appointed 1-bedroom, 1-bath units, all thoughtfully updated with granite kitchen countertops, newer appliances, and stackable washer and dryer units in each apartment. The lower-level 2-bedroom, 2-bath units each offer a covered front porch, private rear patio, a small yard/green space, and rear parking, adding to the property's appeal and tenant desirability. All four units are currently leased, providing immediate cash flow from day one. Whether you're looking to expand your investment portfolio or acquire a turnkey income-producing property in one of Indianapolis' most desirable neighborhoods, this quadraplex offers an outstanding opportunity with strong rental potential. Ideally located within walking distance of Fountain Square's popular restaurants, entertainment, coffee shops, and local attractions, the property also offers convenient access to downtown Indianapolis, Eli Lilly, and major downtown events. Combining modern updates with an unbeatable location, this is an excellent opportunity for investors seeking long-term appreciation and immediate rental income.
Active
Price cut: $20K (8/6)
$630,000
1338 Barth Ave, Indianapolis, IN 46203
3beds
3baths
--sqft
Multi Family, Quadruplex
Built in 1880
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Covered front porchRear parkingPrivate rear patioNewer appliancesGranite kitchen countertops
- 108 days
- 159
- 11
Zillow last checked:
Listing updated:
Listed by:
Marissa Bryant 317-418-8912,
Highgarden Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22102398
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Features
- Has basement: Yes
Property
Features
- Fencing: Fenced,Full
Lot
- Size: 6,098 Square Feet
Details
- Parcel number: 491113102008000101
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1880
Community & HOA
Community
- Subdivision: Barth
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $238,300
- Annual tax amount: $5,588
- Date on market: 5/15/2026
- Cumulative days on market: 110 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Price change | $630,000-3.1% |
Source: | ||
| 5/15/2026 | Listed for sale | $650,000+14% |
Source: | ||
| 4/14/2026 | Listing removed | $1,600 |
Source: Zillow Rentals Report a problem | ||
| 4/8/2026 | Price change | $1,600+28% |
Source: Zillow Rentals Report a problem | ||
| 3/30/2026 | Listed for rent | $1,250-16.7% |
Source: Zillow Rentals Report a problem | ||
| 12/20/2025 | Listing removed | $1,500 |
Source: Zillow Rentals Report a problem | ||
| 12/2/2025 | Price change | $1,500-6.3% |
Source: Zillow Rentals Report a problem | ||
| 9/17/2025 | Price change | $1,600-3% |
Source: Zillow Rentals Report a problem | ||
| 4/24/2025 | Listed for rent | $1,650+15.8% |
Source: Zillow Rentals Report a problem | ||
| 7/25/2023 | Sold | $570,000+0.9% |
Source: Public Record Report a problem | ||
| 6/28/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/9/2023 | Price change | $1,425-3.4% |
Source: Zillow Rentals Report a problem | ||
| 5/8/2023 | Listed for rent | $1,475+34.1% |
Source: Zillow Rentals Report a problem | ||
| 10/3/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 9/13/2022 | Listed for rent | $1,100-8.3% |
Source: Zillow Rental Manager Report a problem | ||
| 8/18/2022 | Listing removed | -- |
Source: | ||
| 7/12/2022 | Pending sale | $564,900 |
Source: | ||
| 7/7/2022 | Price change | $564,900-5.8% |
Source: | ||
| 6/17/2022 | Listed for sale | $599,900+2299.6% |
Source: | ||
| 5/1/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 4/29/2022 | Listed for rent | $1,200 |
Source: Zillow Rental Manager Report a problem | ||
| 4/1/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 3/11/2022 | Listed for rent | $1,200+41.2% |
Source: Zillow Rental Network Premium #21841791 Report a problem | ||
| 5/5/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 4/19/2021 | Listed for rent | $850 |
Source: Zillow Rental Network Premium #21736389 Report a problem | ||
| 1/12/2021 | Listing removed | -- |
Source: | ||
| 8/11/2006 | Sold | $25,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,588 +71.3% | $238,300 +1.2% |
| 2024 | $3,262 +53.8% | $235,500 +71.3% |
| 2023 | $2,120 +10.9% | $137,500 +25.8% |
| 2022 | $1,911 -0.3% | $109,300 +9.1% |
| 2021 | $1,917 +3.1% | $100,200 |
| 2020 | $1,860 -1.1% | $100,200 +6.4% |
| 2019 | $1,881 -23.6% | $94,200 |
| 2018 | $2,463 +52.5% | $94,200 +3.6% |
| 2017 | $1,615 +1.2% | $90,900 +5.6% |
| 2016 | $1,596 -13.1% | $86,100 +1.1% |
| 2014 | $1,837 -4.7% | $85,200 |
| 2013 | $1,929 | $85,200 +1.5% |
| 2012 | $1,929 | $83,900 +33.6% |
| 2011 | -- | $62,800 |
| 2010 | $1,412 -1.2% | $62,800 |
| 2009 | $1,428 | $62,800 |
| 2007 | -- | $62,800 |
Find assessor info on the county website
Monthly payment
Est. payment






