Great investment opportunity to own a renovated duplex in the Bates Hendricks neighborhood. Currently operating as high-performing 4.9-star airbnb mid-term furnished rentals and corporate housing (1 to 6 month stays) with high ROI, this property presents a turnkey investment opportunity with strong income potential. Located on a quiet residential street, it is only a mile from the center of Fountain Square's vibrant area with popular restaurants, cafes, and local shopping as well as only 1.5 mile from downtown Indianapolis. Completely renovated a few years back, each side of the duplex is a 2-story townhouse with 3 bedrooms and 2 full bathrooms and provides ideal separation between living and sleeping areas. Higher income potential if operated as short-term rentals.
Active
$475,000
1525 Kennington St, Indianapolis, IN 46225
6beds
4baths
--sqft
Multi Family, Duplex
Built in 1910
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Quiet residential streetRenovated duplex
- 84 days
- 154
- 15
Zillow last checked:
Listing updated:
Listed by:
Lisa Phillips 317-219-9277,
Compass Indiana, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22105962
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Features
- Has basement: Yes
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,920 Square Feet
Details
- Parcel number: 491113162026000101
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Condition
- New construction: No
- Year built: 1910
Community & HOA
Community
- Subdivision: Woodruff Sub Morris Add
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $188,800
- Annual tax amount: $4,808
- Date on market: 6/8/2026
- Cumulative days on market: 172 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Listed for sale | $475,000 |
Source:  MIBOR as distributed by MLS GRID #22105962 Report a problem | ||
| 6/1/2026 | Listing removed | $475,000 |
Source: MIBOR as distributed by MLS GRID #22077872 Report a problem | ||
| 2/27/2026 | Listed for sale | $475,000+691.7% |
Source: MIBOR as distributed by MLS GRID #22077872 Report a problem | ||
| 6/28/2019 | Listing removed | $700 |
Source: Signature Realty Group, LLC #21637704 Report a problem | ||
| 5/2/2019 | Listed for rent | $700+7.7% |
Source: Signature Realty Group, LLC #21637704 Report a problem | ||
| 12/21/2018 | Listing removed | $650 |
Source: Signature Realty Group, LLC #21593789 Report a problem | ||
| 11/14/2018 | Price change | $650-7.1% |
Source: Signature Realty Group, LLC #21593789 Report a problem | ||
| 9/22/2018 | Price change | $700-6.7% |
Source: Signature Realty Group, LLC #21593789 Report a problem | ||
| 9/6/2018 | Price change | $750-11.8% |
Source: Signature Realty Group, LLC #21593789 Report a problem | ||
| 7/29/2018 | Listed for rent | $850 |
Source: Owner Report a problem | ||
| 7/24/2018 | Sold | $60,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,907 +7.5% | $188,800 -8.7% |
| 2024 | $4,564 +4.7% | $206,800 +7.5% |
| 2023 | $4,358 +39.9% | $192,400 +4.2% |
| 2022 | $3,114 +12.4% | $184,600 +36.7% |
| 2021 | $2,770 +48.9% | $135,000 +12.9% |
| 2020 | $1,860 +13.2% | $119,600 +51.8% |
| 2019 | $1,644 -11.4% | $78,800 +14.2% |
| 2018 | $1,855 +77.2% | $69,000 +18.6% |
| 2017 | $1,047 +71.1% | $58,200 +10.6% |
| 2016 | $612 +10.2% | $52,600 +14.3% |
| 2014 | $555 +85.5% | $46,000 |
| 2013 | $299 | $46,000 +0.2% |
| 2012 | $299 | $45,900 +26.4% |
| 2011 | -- | $36,300 |
| 2010 | $205 +10.8% | $36,300 |
| 2009 | $185 | $36,300 -7.6% |
| 2007 | -- | $39,300 -2% |
| 2003 | -- | $40,100 +56% |
| 2002 | -- | $25,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Near Southside
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