Investor Special! Looking for a duplex that easily meets the 1% rule? Look no further! This ready-to-rent Little Flower gem offers strong cash flow potential with projected rents of $900+ per unit. Each unit features 2 bedrooms, 1 bath, and full basement storage. The solid brick exterior and 5-year-old roof ensure low-maintenance ownership. Recent updates include breaker boxes, both water heaters replaced within the past 3 years, and newer furnace in Unit 1505. Tenants will enjoy front and back porches, plus off-street parking in the rear. Don't miss this opportunity to secure a high-yield duplex in one of Indy's desirable neighborhoods!
Sold
$150,000
1503 N Gladstone Ave, Indianapolis, IN 46201
4beds
2baths
--sqft
Multi Family, Duplex
Built in 1945
-- sqft lot
$151,700 Zestimate®
$--/sqft
$1,100 Estimated rent
Home value
$151,700
$141,000 - $164,000
$1,100/mo
Zestimate® history
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$1,000/mo
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List your homeWhat's special
Solid brick exteriorFull basement storageFront and back porchesOff-street parking
Zillow last checked:
Listing updated:
Listed by:
Corey Batt 317-331-5200,
F.C. Tucker Company
Bought with:
Corey Batt
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22034112
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Main level bathrooms: 4
Heating
- Forced Air, Natural Gas
Appliances
- Laundry: Connections All, In Basement
Features
- Basement: Daylight,Full,Interior Entry,Storage Space,Unfinished
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Tandem
- Details: Unit Parking(2 Car Space)
Features
- Levels: One
- Stories: 1
Lot
- Size: 5,227 Square Feet
- Features: City Lot, Corner Lot, Sidewalks
Details
- Parcel number: 490733178033000101
- Special conditions: As Is,Estate
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family, Duplex
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Block, Full
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1945
Community & HOA
Community
- Subdivision: Johnsons East 10th Street
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $107,500
- Annual tax amount: $2,636
- Date on market: 10/1/2025
- Cumulative days on market: 6 days
- Tenant pays: All Utilities
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 11/6/2025 | Sold | $150,000-1.9% |
Source:  MIBOR as distributed by MLS GRID #22034112 Report a problem | ||
| 10/6/2025 | Pending sale | $152,900 |
Source: MIBOR as distributed by MLS GRID #22034112 Report a problem | ||
| 10/1/2025 | Listed for sale | $152,900+154.8% |
Source: MIBOR as distributed by MLS GRID #22034112 Report a problem | ||
| 4/5/2018 | Listing removed | $500 |
Source: CityPlace Property Management Report a problem | ||
| 3/20/2018 | Listed for rent | $500 |
Source: CityPlace Property Management Report a problem | ||
| 3/31/2017 | Listing removed | $500 |
Source: CityPlace Property Management Report a problem | ||
| 3/23/2017 | Listed for rent | $500 |
Source: CityPlace Property Management Report a problem | ||
| 8/26/2015 | Sold | $60,000+135.3% |
Source: Public Record Report a problem | ||
| 1/5/2012 | Sold | $25,500 |
Source: MIBOR as distributed by MLS GRID #21018915 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,534 +13.2% | $107,500 +0.7% |
| 2024 | $2,239 +4% | $106,800 +13.1% |
| 2023 | $2,153 +3.6% | $94,400 +3.5% |
| 2022 | $2,079 +12.2% | $91,200 +1.2% |
| 2021 | $1,853 +8.2% | $90,100 +12.6% |
| 2020 | $1,712 +16.1% | $80,000 +10.3% |
| 2019 | $1,475 +21% | $72,500 +17.1% |
| 2018 | $1,219 +3.7% | $61,900 +13.8% |
| 2017 | $1,175 -1.5% | $54,400 +4.4% |
| 2016 | $1,194 -0.7% | $52,100 -6.6% |
| 2014 | $1,202 -11% | $55,800 -2.6% |
| 2013 | $1,350 | $57,300 -5% |
| 2012 | $1,350 | $60,300 +15.7% |
| 2011 | -- | $52,100 |
| 2010 | $1,086 -2.2% | $52,100 |
| 2009 | $1,111 | $52,100 -17.2% |
| 2007 | -- | $62,900 |
Find assessor info on the county website
Neighborhood: Near Eastside
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Nearby schools
GreatSchools rating
- 4/10Brookside School 54Grades: PK-5Distance: 0.9 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 3.2 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 2.2 mi
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Estimated market value
$151,700
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
$151,700
- Indiana
- Marion County
- Indianapolis
- 46201
- Near Eastside
- 1503 N Gladstone Ave
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