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  • Tax assessed value
    $182,300

    1338 E Market St, Indianapolis, IN 46202

    7beds
    4baths
    --sqft
    Multi Family, Quadruplex
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $2,947 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,947/mo

    Zestimate® history
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    What's special

    Separate entrances

    Unique opportunity to own a 4-plex with walkability to downtown Indianapolis and excellent cash flow. Will make a wonderful short-term or mid-term rental. Units have dedicated kitchens and baths with separate entrances to each unit making this property a perfect investment. This property is comprised of one two-bedroom apartment, two one-bedroom apartments, and one studio. Zoning may allow for commercial use as well. Best investment opportunity in Indianapolis right now. 2 units currently rented month to month, the vacant units need updated.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Dustin Kelly 317-370-6700,

    Trueblood Real Estate

    Bought with:

    Christopher Bottorff

    Brick Street Real Estate LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 21916732MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Main level bathrooms: 7
    Appliances
    • Laundry: Common Laundry
    Features
    • Has basement: Yes

    Property

    Parking
    • Details: Unit Parking(On Street)
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 4,791 sqft
    • Features: Access, Corner Lot, Sidewalks, Street Lights
    Details
    • Parcel number: 491006160012000101
    • Zoning: d8

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Quadruplex
    • Attached to another structure: Yes
    Materials
    • Vinyl With Brick, Other
    • Foundation: Block, Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1900

    Community & neighborhood

    Location
    • Region: Indianapolis
    • Subdivision: Lathams

    Other

    Other facts
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    6/20/2023Sold$240,000-2%
    Source: MIBOR as distributed by MLS GRID #21916732 Report a problem
    5/15/2023Pending sale$245,000
    Source: MIBOR as distributed by MLS GRID #21916732 Report a problem
    5/8/2023Listed for sale$245,000
    Source: MIBOR as distributed by MLS GRID #21916732 Report a problem
    4/27/2023Pending sale$245,000
    Source: MIBOR as distributed by MLS GRID #21916732 Report a problem
    4/20/2023Price change$245,000-3.9%
    Source: MIBOR as distributed by MLS GRID #21916732 Report a problem
    2/24/2023Pending sale$254,900
    Source: MIBOR as distributed by MLS GRID #21872973 Report a problem
    1/21/2023Price change$254,900-1.9%
    Source: MIBOR as distributed by MLS GRID #21872973 Report a problem
    12/6/2022Listed for sale$259,900
    Source: MIBOR as distributed by MLS GRID #21872973 Report a problem
    11/24/2022Pending sale$259,900
    Source: MIBOR as distributed by MLS GRID #21872973 Report a problem
    10/7/2022Price change$259,900-3.7%
    Source: MIBOR as distributed by MLS GRID #21872973 Report a problem
    9/16/2022Pending sale$269,900
    Source: MIBOR as distributed by MLS GRID #21872973 Report a problem
    7/29/2022Price change$269,900-3.6%
    Source: MIBOR as distributed by MLS GRID #21872973 Report a problem
    7/22/2022Listed for sale$279,900+330.6%
    Source: MIBOR as distributed by MLS GRID #21872973 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    1/14/2019Listing removed$675
    Source: Owner Report a problem
    12/28/2018Price change$675-12.9%
    Source: Owner Report a problem
    12/11/2018Listed for rent$775-6.1%
    Source: Owner Report a problem
    11/17/2017Listing removed$825
    Source: Owner Report a problem
    10/16/2017Listed for rent$825+10%
    Source: Owner Report a problem
    2/23/2017Listing removed$750
    Source: Owner Report a problem
    2/20/2017Listed for rent$750
    Source: Owner Report a problem
    12/11/2012Listing removed$65,000
    Source: Owner Report a problem
    6/9/2012Listed for sale$65,000
    Source: Owner Report a problem
    2/5/2012Listing removed$65,000
    Source: Owner Report a problem
    8/4/2011Listed for sale$65,000+162.6%
    Source: Owner Report a problem
    10/31/2007Sold$24,750
    Source: MIBOR as distributed by MLS GRID #2715084 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,905 +63%$182,300 -11.8%
    2024$3,010 +27.4%$206,700 +62.9%
    2023$2,363 -42.3%$126,900 -35.7%
    2022$4,095 +405.2%$197,500 +11.3%
    2021$811 +0.1%$177,500 +407.1%
    2020$810 +2.4%$35,000 +2%
    2019$791 -2.6%$34,300 +3.3%
    2018$812 -1.4%$33,200 +3.1%
    2017$824 +21%$32,200 +2.5%
    2016$681 -1.3%$31,400 -1.6%
    2014$690 +25.5%$31,900 +1.3%
    2013$550 $31,500 -3.1%
    2012$550 $32,500 +35.4%
    2011-- $24,000
    2010$499 -2%$24,000 +0.4%
    2009$509 $23,900 -84.7%
    2007-- $155,800 +169.6%
    2005-- $57,800
    2004-- $57,800

    Find assessor info on the county website

    Neighborhood: Near Eastside

    Nearby schools

    GreatSchools rating
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