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  • $650,000

    1338 Barth Ave, Indianapolis, IN 46203

    3beds
    3baths
    --sqft
    : 
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    Multi Family, Quadruplex
    Built in 1880
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Covered front porchRear parkingPrivate rear patioNewer appliancesGranite kitchen countertops
    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 area, and rear parking, adding additional appeal for tenants or owner-occupants alike. Three of the four units are currently leased, providing immediate income potential. Whether you choose to owner-occupy one unit while allowing the others to offset your mortgage, add a strong cash-flowing asset to your portfolio, or explore short-term rental opportunities for additional income, this property offers excellent flexibility and upside. Ideally located within walking distance to Fountain Square's restaurants, entertainment, and attractions, the property also offers convenient access to downtown Indianapolis, Eli Lilly, and major downtown events.
    59 days
    |
    162
    |
    13
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Marissa Bryant 317-418-8912,

    Highgarden Real Estate

    Source: MIBOR as distributed by MLS GRID,MLS#: 22102398MLS Logo

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      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: 61 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/15/2026Listed for sale$650,000+14%
        Source: MIBOR as distributed by MLS GRID #22102398 Report a problem
        4/14/2026Listing removed$1,600
        Source: Zillow Rentals Report a problem
        4/8/2026Price change$1,600+28%
        Source: Zillow Rentals Report a problem
        3/30/2026Listed for rent$1,250-16.7%
        Source: Zillow Rentals Report a problem
        12/20/2025Listing removed$1,500
        Source: Zillow Rentals Report a problem
        12/2/2025Price change$1,500-6.3%
        Source: Zillow Rentals Report a problem
        9/17/2025Price change$1,600-3%
        Source: Zillow Rentals Report a problem
        4/24/2025Listed for rent$1,650+15.8%
        Source: Zillow Rentals Report a problem
        7/25/2023Sold$570,000+0.9%
        Source: Public Record Report a problem
        6/28/2023Listing removed--
        Source: Zillow Rentals Report a problem
        6/9/2023Price change$1,425-3.4%
        Source: Zillow Rentals Report a problem
        5/8/2023Listed for rent$1,475+34.1%
        Source: Zillow Rentals Report a problem
        10/3/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        9/13/2022Listed for rent$1,100-8.3%
        Source: Zillow Rental Manager Report a problem
        8/18/2022Listing removed--
        Source: MIBOR as distributed by MLS GRID #21862142 Report a problem
        7/12/2022Pending sale$564,900
        Source: MIBOR as distributed by MLS GRID #21862142 Report a problem
        7/7/2022Price change$564,900-5.8%
        Source: MIBOR as distributed by MLS GRID #21862142 Report a problem
        6/17/2022Listed for sale$599,900+2299.6%
        Source: MIBOR as distributed by MLS GRID #21862142 Report a problem
        5/1/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        4/29/2022Listed for rent$1,200
        Source: Zillow Rental Manager Report a problem
        4/1/2022Listing removed--
        Source: Zillow Rental Network Premium Report a problem
        3/11/2022Listed for rent$1,200+41.2%
        Source: Zillow Rental Network Premium #21841791 Report a problem
        5/5/2021Listing removed--
        Source: Zillow Rental Network Premium Report a problem
        4/19/2021Listed for rent$850
        Source: Zillow Rental Network Premium #21736389 Report a problem
        1/12/2021Listing removed--
        Source: MIBOR as distributed by MLS GRID Report a problem
        9/2/2020Listed for rent$850
        Source: PMI Midwest #21736389 Report a problem
        8/11/2006Sold$25,000
        Source: MIBOR as distributed by MLS GRID #2648685 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Fountain Square

        Getting around

        78 / 100
        Very Walkable
        39 / 100
        Some Transit
        88 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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