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  • $420,000

    1363 Blaine Ave, Indianapolis, IN 46221

    7beds
    4baths
    --sqft
    Multi Family
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $1,395 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,395/mo

    Zestimate® history
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    $2,112/mo

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    What's special

    Discover a fantastic investment opportunity with this remodeled, cash-flowing 4-unit apartment building located in the heart of Indianapolis. Whether you're an experienced investor or a first-time buyer, this property is a must-see. Each unit has been thoughtfully updated with modern finishes, including new flooring, fresh paint, updated kitchens with stainless steel appliances, and renovated bathrooms. Three units are currently rented with stable tenants, generating consistent rental income. Unit 4 is vacant and ready for a new tenant! This property is ideal for investors looking to secure immediate returns. Conveniently situated in a vibrant and growing neighborhood, with easy access to public transportation, shopping, dining, and entertainment. Enjoy the benefits of Indianapolis' thriving rental market. Includes off-street parking for tenants and a shared outdoor area for relaxation or entertainment. The recent renovations ensure that the property is in excellent condition, reducing the need for immediate repairs or upgrades. With the increasing demand for rental properties in Indianapolis, this building is poised to provide long-term, reliable cash flow and value appreciation. Don't miss out on this incredible opportunity to own a turnkey, cash-flowing 4-unit property in a prime Indianapolis location. Schedule a showing today to see the potential firsthand!

    Zillow last checked:

    Listing updated:

    Listed by:

    Nathaniel Cromlich 317-537-1597,

    CENTURY 21 Scheetz

    Bought with:

    Jocelyn Deal

    eXp Realty LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22027594MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    Features
    • Has basement: Yes

    Property

    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 5,227 Square Feet
    Details
    • Parcel number: 491115100111000101

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1950

    Community & HOA

    Community
    • Subdivision: No Subdivision
    Location
    • Region: Indianapolis

    Financial & listing details

    • Tax assessed value: $113,900
    • Annual tax amount: $3,173
    • Date on market: 4/3/2025
    • Cumulative days on market: 246 days

    Price history

    DateEventPrice
    7/25/2025Listing removed$975
    Source: Zillow Rentals Report a problem
    7/15/2025Price change$975-2.5%
    Source: Zillow Rentals Report a problem
    7/1/2025Listed for rent$1,000
    Source: Zillow Rentals Report a problem
    5/15/2025Sold$420,000-6.6%
    Source: MIBOR as distributed by MLS GRID #22027594 Report a problem
    4/7/2025Pending sale$449,900
    Source: MIBOR as distributed by MLS GRID #22027594 Report a problem
    4/3/2025Listed for sale$449,9000%
    Source: MIBOR as distributed by MLS GRID #22027594 Report a problem
    2/27/2025Listing removed$450,000
    Source: MIBOR as distributed by MLS GRID #21989362 Report a problem
    1/7/2025Listed for sale$450,000+12.5%
    Source: MIBOR as distributed by MLS GRID #21989362 Report a problem
    8/16/2024Listing removed$400,000
    Source: MIBOR as distributed by MLS GRID #21989362 Report a problem
    7/9/2024Listed for sale$400,000+100%
    Source: MIBOR as distributed by MLS GRID #21989362 Report a problem
    3/26/2022Listing removed--
    Source: MIBOR as distributed by MLS GRID #21844664 Report a problem
    3/23/2022Listed for sale$200,000
    Source: MIBOR as distributed by MLS GRID #21844664 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,667 +68.1%$113,900 +1.3%
    2024$1,587 +30%$112,400 +68%
    2023$1,221 +12.1%$66,900 +29.4%
    2022$1,089 -11.6%$51,700 +9.5%
    2021$1,232 +2.1%$47,200 -11.3%
    2020$1,206 -67.6%$53,200 +4.1%
    2019$3,727 +254.7%$51,100
    2018$1,051 +0.2%$51,100 +3.2%
    2017$1,049 +1.3%$49,500 +5.3%
    2016$1,035 +3%$47,000 +1.1%
    2014$1,005 -4%$46,500
    2013$1,047 $46,500 +2%
    2012$1,047 $45,600 +4.8%
    2011-- $43,500
    2010$1,022 -0.5%$43,500
    2009$1,027 $43,500
    2007-- $43,500
    Find assessor info on the county website

    Neighborhood: West Indianapolis

    Nearby schools

    GreatSchools rating
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