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Sold
  • $225,000

    1410 N Tuxedo St, Indianapolis, IN 46201

    4beds
    3baths
    --sqft
    Multi Family, Duplex
    Built in 1910
    -- sqft lot
    $232,000 Zestimate®
    $--/sqft
    $1,136 Estimated rent

    Home value

    $232,000

    $216,000 - $251,000

    $1,136/mo

    Zestimate® history
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    $1,136/mo

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    $1,494/mo

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    $1,494/mo

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    What's special

    Welcome to an exceptional investment opportunity in the heart of Indianapolis! This charming duplex, located at 1410-1412 N Tuxedo St, offers two spacious 2-bedroom, 1-bath units. Perfect for investors looking to capitalize on the strong rental market or for those interested in house-hacking-living in one unit while renting out the other. Renting out a 2-bed, 1-bath unit in this area is highly lucrative, with comparable properties typically leasing for around $800 - $1,000 per month per unit. Additionally, for investors interested in Section 8 housing, the Indianapolis Housing Agency provides competitive rental payments, with Section 8 paying around $800 - $900 for a 2-bedroom unit in the 46201 ZIP code, ensuring a steady and reliable income stream. This duplex is ideal for those looking to enter the rental market or expand their portfolio, promising consistent rental income with the added benefit of house-hacking potential. By living in one unit, an owner can offset their mortgage with rental income from the other unit. The property is situated in a burgeoning neighborhood with easy access to local amenities, schools, and public transportation, enhancing its attractiveness to potential tenants. The bike-friendly streets and proximity to parks make it a desirable living location. Don't miss out on this fantastic investment opportunity in one of Indianapolis's most promising areas.

    Zillow last checked:

    Listing updated:

    Listed by:

    Devan Lunceford 812-230-6651,

    Elite Indy Realty Group

    Bought with:

    Joel Mathews

    @properties

    Source: MIBOR as distributed by MLS GRID,MLS#: 21990900MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Appliances
    • Laundry: Other
    Features
    • Has basement: Yes

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached
    • Garage spaces: 2
    • Details: Unit Parking(1 Car Garage)
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 6,098 Square Feet
    • Features: Sidewalks, Storm Sewer
    Details
    • Parcel number: 490732103073000101

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family, Duplex
    Materials
    • Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1910

    Community & HOA

    Community
    • Subdivision: Fletcher South Brookside
    Location
    • Region: Indianapolis

    Financial & listing details

    • Tax assessed value: $239,000
    • Annual tax amount: $2,726
    • Date on market: 7/16/2024
    • Cumulative days on market: 12 days

    Price history

    DateEventPrice
    9/16/2024Sold$225,000+15.4%
    Source: MIBOR as distributed by MLS GRID #21990900 Report a problem
    7/29/2024Pending sale$195,000
    Source: MIBOR as distributed by MLS GRID #21990900 Report a problem
    7/16/2024Listed for sale$195,000+254.5%
    Source: MIBOR as distributed by MLS GRID #21990900 Report a problem
    9/22/2020Listing removed$875
    Source: Go Section8 Report a problem
    7/30/2020Price change$875+12.9%
    Source: Go Section8 Report a problem
    6/11/2020Listed for rent$775+29.2%
    Source: Go Section8 Report a problem
    10/13/2016Listing removed$600-14.3%
    Source: Athena Real Estate Services Report a problem
    6/2/2016Sold$55,000+34.1%
    Source: Public Record Report a problem
    3/22/2016Listing removed$700
    Source: Go Section8 Report a problem
    2/23/2016Listed for rent$700
    Source: Go Section8 Report a problem
    1/17/2016Listing removed$700
    Source: Go Section8 Report a problem
    12/16/2015Listed for rent$700+16.7%
    Source: Go Section8 Report a problem
    5/22/2013Listing removed$600
    Source: HARVEY PROPERTY MANAGEMENT GROUP, LLC. Report a problem
    5/16/2013Listed for rent$600+20%
    Source: HARVEY PROPERTY MANAGEMENT GROUP, LLC. Report a problem
    1/18/2013Listing removed$500
    Source: Complete Real Estate Solutions, LLC Report a problem
    12/22/2012Price change$500-20%
    Source: Complete Real Estate Solutions, LLC Report a problem
    10/15/2012Listed for rent$625
    Source: Complete Real Estate Solutions, LLC Report a problem
    3/3/2005Sold$41,000+78.3%
    Source: MIBOR as distributed by MLS GRID #2505979 Report a problem
    1/25/2001Sold$23,000
    Source: MIBOR as distributed by MLS GRID #2047954 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,723 -35.6%$239,000 +100.3%
    2024$2,676 -1.9%$119,300 +5.8%
    2023$2,727 +36.2%$112,800 -2.3%
    2022$2,002 +0.3%$115,500 +33.1%
    2021$1,996 +2.1%$86,800 +0.7%
    2020$1,955 +2.2%$86,200 +4.1%
    2019$1,913 +11.5%$82,800 +3.1%
    2018$1,716 +337.9%$80,300 +3.2%
    2017$392 +29.9%$77,800 +467.9%
    2016$302 +7.4%$13,700 +5.4%
    2014$281 -8%$13,000 +3.2%
    2013$306 $12,600 -6%
    2012$306 $13,400 -18.8%
    2011-- $16,500
    2010$348 -2.2%$16,500
    2009$356 $16,500 +20.4%
    2007-- $13,700 -52.8%
    2002-- $29,000
    Find assessor info on the county website

    Neighborhood: Near Eastside

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $232,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $232,000