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  • $281,750

    1407 S Alabama St, Indianapolis, IN 46225

    4beds
    2baths
    --sqft
    Multi Family, Duplex
    Built in 1885
    -- sqft lot
    $284,400 Zestimate®
    $--/sqft
    $1,289 Estimated rent

    Home value

    $284,400

    $264,000 - $307,000

    $1,289/mo

    Zestimate® history
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    $1,289/mo

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    $1,289/mo

    Rent Zestimate®

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    $1,758/mo

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    $1,758/mo

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    What's special

    Income-Producing Duplex in the heart of Bates Hendricks - Fully Remodeled & Move-In Ready! Discover this charming duplex in the highly desirable Bates Hendricks neighborhood, where modern updates meet timeless character. Each identical unit offers 2 bedrooms, 1 full bathroom, and its own garage space, providing comfort and convenience for both residents and tenants alike. Step inside and you'll find a home that has been completely remodeled with stylish finishes throughout, including luxury vinyl plank flooring, fresh paint, and sleek euro-style kitchens. Everything is move-in ready - just close on the purchase, place your tenants, and start generating income immediately. Enjoy the outdoors on the covered front porch or entertain in the spacious backyard, which offers even more potential for your investment - envision a carriage house or ADU to expand your rental income. This property is not only a strong investment opportunity, it's also perfect for house-hackers. Live in one unit and rent out the other to offset your mortgage and expenses, all while building long-term wealth. Located just minutes from downtown Indianapolis, this duplex combines modern living with an unbeatable location in a thriving neighborhood with strong rental demand. Whether you're looking for a turnkey investment property or a smart way to own your own home while tenants help pay the bills, this Bates Hendricks duplex is the opportunity you've been waiting for!

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Todd Burton 317-331-8496,

    Berkshire Hathaway Home,

    Derek Gendig 317-828-7773,

    Berkshire Hathaway Home

    Bought with:

    Teresa Ashmore

    T&H Realty Services, Inc.

    Source: MIBOR as distributed by MLS GRID,MLS#: 22065600MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Laundry: Connections All
    Features
    • Has basement: No

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached
    • Garage spaces: 2
    • Details: Unit Parking(2 Car Garage)
    Features
    • Levels: Two
    • Stories: 2
    • Fencing: Fenced,Full
    Lot
    • Size: 7,405 sqft
    • Features: Busline, Curbs
    Details
    • Parcel number: 491113162065000101

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family, Duplex
    Materials
    • Wood Brick
    Condition
    • New construction: No
    • Year built: 1885

    Community & neighborhood

    Location
    • Region: Indianapolis
    • Subdivision: Woodruff Sub Morris Add

    Price history

    DateEventPrice
    5/19/2026Listing removed$1,150
    Source: Zillow Rentals Report a problem
    5/5/2026Price change$1,150-4.2%
    Source: Zillow Rentals Report a problem
    4/15/2026Listed for rent$1,200
    Source: Zillow Rentals Report a problem
    11/24/2025Sold$281,750-9.1%
    Source: MIBOR as distributed by MLS GRID #22065600 Report a problem
    10/25/2025Pending sale$309,999
    Source: MIBOR as distributed by MLS GRID #22065600 Report a problem
    10/22/2025Price change$309,999-4.6%
    Source: MIBOR as distributed by MLS GRID #22065600 Report a problem
    10/6/2025Listed for sale$324,9990%
    Source: MIBOR as distributed by MLS GRID #22065600 Report a problem
    11/30/2023Sold$325,000-7.1%
    Source: MIBOR as distributed by MLS GRID #21943962 Report a problem
    11/4/2023Pending sale$349,900
    Source: MIBOR as distributed by MLS GRID #21943962 Report a problem
    9/18/2023Listed for sale$349,900
    Source: MIBOR as distributed by MLS GRID #21943962 Report a problem
    6/8/2023Listing removed--
    Source: MIBOR as distributed by MLS GRID #21914999 Report a problem
    4/24/2023Pending sale$349,900
    Source: MIBOR as distributed by MLS GRID #21914999 Report a problem
    4/17/2023Listed for sale$349,900+7.7%
    Source: MIBOR as distributed by MLS GRID #21914999 Report a problem
    2/20/2023Listing removed--
    Source: MIBOR as distributed by MLS GRID #21887463 Report a problem
    1/14/2023Pending sale$325,000
    Source: MIBOR as distributed by MLS GRID #21887463 Report a problem
    12/14/2022Listed for sale$325,000-1.5%
    Source: MIBOR as distributed by MLS GRID #21887463 Report a problem
    12/5/2022Listing removed--
    Source: MIBOR as distributed by MLS GRID #21887463 Report a problem
    12/5/2022Price change$330,000-2.9%
    Source: MIBOR as distributed by MLS GRID #21887463 Report a problem
    11/22/2022Price change$340,000-2.9%
    Source: MIBOR as distributed by MLS GRID #21887463 Report a problem
    10/7/2022Listed for sale$350,000+75%
    Source: MIBOR as distributed by MLS GRID #21887463 Report a problem
    4/8/2022Sold$200,000+5.3%
    Source: MIBOR as distributed by MLS GRID #21836293 Report a problem
    2/14/2022Pending sale$190,000
    Source: MIBOR as distributed by MLS GRID #21836293 Report a problem
    2/8/2022Listed for sale$190,000+58.3%
    Source: MIBOR as distributed by MLS GRID #21836293 Report a problem
    12/16/2019Sold$120,000-19.9%
    Source: Agent Provided Report a problem
    12/9/2019Pending sale$149,900
    Source: Keller Williams Indy Metro S #21679517 Report a problem
    12/5/2019Listed for sale$149,900
    Source: Keller Williams Indy Metro S #21679517 Report a problem
    11/22/2019Pending sale$149,900
    Source: Keller Williams Indy Metro S #21679517 Report a problem
    11/14/2019Listed for sale$149,900+274.8%
    Source: Keller Williams Indy Metro S #21679517 Report a problem
    5/11/2016Sold$40,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,492 +34.9%$284,600 -9.9%
    2024$5,553 +2.3%$315,700 +34.9%
    2023$5,426 +39.4%$234,100 +1.9%
    2022$3,892 -4.4%$229,800 +36.2%
    2021$4,071 +153.6%$168,700 -4%
    2020$1,605 -16.1%$175,800 +158.5%
    2019$1,912 -52.1%$68,000 +13.9%
    2018$3,995 +98%$59,700 +17.5%
    2017$2,018 +103.3%$50,800 +10%
    2016$992 +8.7%$46,200 +10%
    2014$913 -3.8%$42,000
    2013$949 $42,000 +0.5%
    2012$949 $41,800 +15.8%
    2011-- $36,100
    2010$796 -1.5%$36,100
    2009$808 $36,100 -7.2%
    2007-- $38,900

    Find assessor info on the county website

    Neighborhood: Near Southside

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $284,400
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    Estimated market value
    $284,400