Opportunities like this don't come along often. Whether you're looking to grow your investment portfolio or purchase a property that helps offset your monthly mortgage, this fully occupied duplex offers flexibility, dependable income, and room for future growth in a location that continues to see strong demand. Situated just minutes from downtown Indianapolis, Eli Lilly, Lucas Oil Stadium, Fountain Square, and many of the city's top restaurants, entertainment venues, and major employers, the location makes it an attractive option for both tenants and future owners. Built as a true duplex, the property was designed to provide privacy between units while offering practical layouts that continue to appeal to renters. Each unit has its own HVAC system and separate utility meters, allowing tenants to pay their own gas, electric, internet, cable, and other individual utilities. Owner responsibilities are limited to property taxes, insurance, property management, and routine maintenance, making day-to-day ownership simple and predictable. Inside, you'll find features that help set this property apart, including finished lower-level living space, in-unit laundry, hardwood flooring, private outdoor areas, and garage parking. These amenities contribute to long-term tenant satisfaction while helping the property remain competitive in today's rental market. For buyers looking to add value over time, there is also the opportunity to make thoughtful improvements that could increase both rental income and overall property value. Combined with the continued investment and redevelopment taking place throughout the surrounding area, this property offers more than just immediate cash flow-it provides the potential for long-term appreciation as well. Convenient access to major highways, downtown employers, sporting events, parks, and everyday amenities only adds to the property's appeal. Whether you're a seasoned investor searching for your next addition or someone interested in
Active
$299,999
1338 S Talbott St, Indianapolis, IN 46225
2beds
1baths
--sqft
Multi Family, Duplex
Built in 1940
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Garage parkingPractical layoutsIn-unit laundryPrivate outdoor areasFinished lower-level living spaceHardwood flooring
- 1 day |
- 107 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Maurice Brown 317-797-7672,
Berkshire Hathaway Home
Source: MIBOR as distributed by MLS GRID,MLS#: 22102103
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Natural Gas
Cooling
- Separate Meters
Appliances
- Laundry: In Basement
Features
- Has basement: Yes
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
- Details: Unit Parking(2 Car Garage)
Lot
- Size: 4,791 Square Feet
Details
- Parcel number: 491113146115000101
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Condition
- New construction: No
- Year built: 1940
Community & HOA
Community
- Subdivision: Mc Cartys Subdivision
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $220,500
- Annual tax amount: $5,556
- Date on market: 7/6/2026
- Cumulative days on market: 6 days
- Tenant pays: All Utilities, Cable TV, Electricity, Insurance
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Listed for sale | $299,999+9.1% |
Source: | ||
| 9/20/2024 | Listing removed | $999 |
Source: Zillow Rentals Report a problem | ||
| 12/15/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/7/2023 | Price change | $999-9.2% |
Source: Zillow Rentals Report a problem | ||
| 11/2/2023 | Listed for rent | $1,100-4.3% |
Source: Zillow Rentals Report a problem | ||
| 9/21/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/6/2023 | Price change | $1,150-4.1% |
Source: Zillow Rentals Report a problem | ||
| 8/23/2023 | Price change | $1,199-4.1% |
Source: Zillow Rentals Report a problem | ||
| 7/20/2023 | Price change | $1,250-7.4% |
Source: Zillow Rentals Report a problem | ||
| 7/6/2023 | Price change | $1,350-3.6% |
Source: Zillow Rentals Report a problem | ||
| 6/20/2023 | Price change | $1,400-6.7% |
Source: Zillow Rentals Report a problem | ||
| 5/25/2023 | Listed for rent | $1,500-11.7% |
Source: Zillow Rentals Report a problem | ||
| 12/2/2022 | Sold | $275,000-4.8% |
Source: | ||
| 11/2/2022 | Pending sale | $289,000 |
Source: | ||
| 10/25/2022 | Listed for sale | $289,000+295.9% |
Source: | ||
| 2/23/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/25/2020 | Listing removed | $1,699 |
Source: Owner Report a problem | ||
| 4/24/2020 | Price change | $1,699+6.2% |
Source: Owner Report a problem | ||
| 3/28/2020 | Price change | $1,600+8.5% |
Source: Owner Report a problem | ||
| 1/2/2020 | Listed for rent | $1,475 |
Source: Owner Report a problem | ||
| 3/2/2018 | Sold | $73,000+1046.7% |
Source: Public Record Report a problem | ||
| 10/12/2010 | Sold | $6,366-8.4% |
Source: Public Record Report a problem | ||
| 6/10/2010 | Listed for sale | $6,950-34.9% |
Source: NO COMPANY PROVIDED #2949105 Report a problem | ||
| 1/7/2009 | Sold | $10,676 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,555 +4.9% | $220,500 -5.8% |
| 2024 | $5,297 +166.4% | $234,100 +4.8% |
| 2023 | $1,988 +24% | $223,300 +165.2% |
| 2022 | $1,603 +9.9% | $84,200 +21.2% |
| 2021 | $1,459 +28.5% | $69,500 +10.3% |
| 2020 | $1,136 +0.8% | $63,000 +31% |
| 2019 | $1,127 +14.4% | $48,100 +1.7% |
| 2018 | $985 +3.7% | $47,300 +5.3% |
| 2017 | $950 +7% | $44,900 +6.7% |
| 2016 | $888 +6.1% | $42,100 +8.8% |
| 2014 | $837 +3% | $38,700 +7.2% |
| 2013 | $813 | $36,100 +0.3% |
| 2012 | $813 | $36,000 +1.4% |
| 2011 | -- | $35,500 |
| 2010 | $770 -1.8% | $35,500 |
| 2009 | $784 | $35,500 -5.6% |
| 2007 | -- | $37,600 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Near Southside
Nearby schools
GreatSchools rating
- 3/10James A. Garfield School 31Grades: PK-5Distance: 0.4 mi
- 4/10Francis W. Parker School 56Grades: PK-8Distance: 3.7 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 2.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Marion County
- Indianapolis
- 46225
- Near Southside
- 1338 S Talbott St






