Bank Owned. 4-unit property and 2-bedroom single family home all on 1 lot. Unit 4 is occupied. All 5 units were occupied, and each tenant was paying $1,000 per month. The 2-bedroom single family home has separate furnace and air-conditioner. The 4-unit building has 2 furnaces for the 4 units Owner pays for the gas, electric and water. Great investment opportunity.
Sold
$150,000
1602 E Minnesota St, Indianapolis, IN 46203
11beds
9baths
--sqft
Multi Family, Quadruplex
Built in 1920
-- sqft lot
$-- Zestimate®
$--/sqft
$1,376 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,376/mo
Zestimate® history
Owner options
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$1,376/mo
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$991/mo
Est. payment
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$991/mo
Est. payment
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Separate furnace and air-conditioner
Zillow last checked:
Listing updated:
Listed by:
Tim O'Connor 317-590-3785,
Berkshire Hathaway Home,
Sean O'Connor 317-490-9051
Bought with:
Zachary Purdy
Berkshire Hathaway Home
Source: MIBOR as distributed by MLS GRID,MLS#: 22035110
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 9
- Main level bathrooms: 6
Heating
- Forced Air, Natural Gas
Cooling
- None, Central Air
Appliances
- Laundry: No Laundry Facil.
Features
- Has basement: No
Property
Parking
- Details: Unit Parking(On Street)
Features
- Levels: One
- Stories: 1
Lot
- Size: 5,227 Square Feet
- Features: Corner Lot, Sidewalks
Details
- Parcel number: 491018106052000101
- Special conditions: HUD Owned
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other,Ranch
- Property subtype: Multi Family, Quadruplex
- Attached to another structure: Yes
Materials
- Aluminum Siding
- Foundation: Crawl Space
- Roof: Asphalt
Condition
- Fixer
- New construction: No
- Year built: 1920
Community & HOA
Community
- Subdivision: Hubbard Etal Southeast Add
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $233,900
- Annual tax amount: $2,510
- Date on market: 4/26/2025
- Cumulative days on market: 136 days
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 11/21/2025 | Sold | $150,000+0.1% |
Source:  MIBOR as distributed by MLS GRID #22035110 Report a problem | ||
| 9/9/2025 | Pending sale | $149,900 |
Source: MIBOR as distributed by MLS GRID #22035110 Report a problem | ||
| 7/11/2025 | Price change | $149,900-9.1% |
Source: MIBOR as distributed by MLS GRID #22035110 Report a problem | ||
| 6/24/2025 | Price change | $164,900-10.8% |
Source: MIBOR as distributed by MLS GRID #22035110 Report a problem | ||
| 5/29/2025 | Price change | $184,900-7.5% |
Source: MIBOR as distributed by MLS GRID #22035110 Report a problem | ||
| 4/26/2025 | Listed for sale | $199,900-20.4% |
Source: MIBOR as distributed by MLS GRID #22035110 Report a problem | ||
| 2/7/2025 | Sold | $251,000-8.7% |
Source: Public Record Report a problem | ||
| 6/15/2023 | Listing removed | -- |
Source: MIBOR as distributed by MLS GRID #21896886 Report a problem | ||
| 5/31/2023 | Listed for sale | $275,000 |
Source: MIBOR as distributed by MLS GRID #21896886 Report a problem | ||
| 4/17/2023 | Pending sale | $275,000 |
Source: MIBOR as distributed by MLS GRID #21896886 Report a problem | ||
| 3/23/2023 | Listed for sale | $275,000 |
Source: MIBOR as distributed by MLS GRID #21896886 Report a problem | ||
| 3/4/2023 | Pending sale | $275,000 |
Source: MIBOR as distributed by MLS GRID #21896886 Report a problem | ||
| 2/21/2023 | Listed for sale | $275,000 |
Source: MIBOR as distributed by MLS GRID #21896886 Report a problem | ||
| 2/17/2023 | Pending sale | $275,000 |
Source: MIBOR as distributed by MLS GRID #21896886 Report a problem | ||
| 1/17/2023 | Listed for sale | $275,000 |
Source: MIBOR as distributed by MLS GRID #21896886 Report a problem | ||
| 1/6/2023 | Pending sale | $275,000 |
Source: MIBOR as distributed by MLS GRID #21896886 Report a problem | ||
| 1/3/2023 | Price change | $275,000-7.7% |
Source: MIBOR as distributed by MLS GRID #21896886 Report a problem | ||
| 12/17/2022 | Listed for sale | $298,000-12.3% |
Source: MIBOR as distributed by MLS GRID #21896886 Report a problem | ||
| 9/1/2022 | Listing removed | -- |
Source: MIBOR as distributed by MLS GRID #21848998 Report a problem | ||
| 4/26/2022 | Price change | $339,900-15% |
Source: MIBOR as distributed by MLS GRID #21848998 Report a problem | ||
| 4/18/2022 | Price change | $399,900+2.8% |
Source: MIBOR as distributed by MLS GRID #21848998 Report a problem | ||
| 3/5/2022 | Listed for sale | $389,000+135.8% |
Source: Owner Report a problem | ||
| 9/17/2021 | Sold | $165,000-7.3% |
Source: MIBOR as distributed by MLS GRID #21789976 Report a problem | ||
| 7/30/2021 | Pending sale | $178,000 |
Source: MIBOR as distributed by MLS GRID #21789976 Report a problem | ||
| 6/28/2021 | Listed for sale | $178,000 |
Source: MIBOR as distributed by MLS GRID #21789976 Report a problem | ||
| 6/11/2021 | Pending sale | $178,000 |
Source: MIBOR as distributed by MLS GRID #21789976 Report a problem | ||
| 6/9/2021 | Listed for sale | $178,000-47.2% |
Source: MIBOR as distributed by MLS GRID #21789976 Report a problem | ||
| 1/1/2020 | Listing removed | $337,000+720.6% |
Source: MIBOR REALTOR Association #21681811 Report a problem | ||
| 7/16/2014 | Sold | $41,070+64.3% |
Source: Public Record Report a problem | ||
| 8/14/2009 | Sold | $25,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,574 +92% | $233,900 -0.4% |
| 2024 | $2,903 +15.7% | $234,900 +91.9% |
| 2023 | $2,510 +84.4% | $122,400 +15.1% |
| 2022 | $1,361 -0.4% | $106,300 +80.2% |
| 2021 | $1,366 +2.1% | $59,000 |
| 2020 | $1,339 -0.9% | $59,000 +4.1% |
| 2019 | $1,351 +2% | $56,700 |
| 2018 | $1,324 +15.9% | $56,700 +3.1% |
| 2017 | $1,142 -2.5% | $55,000 +5.4% |
| 2016 | $1,172 +4.6% | $52,200 +0.8% |
| 2014 | $1,120 -23.2% | $51,800 +1.8% |
| 2012 | $1,458 | $50,900 |
Find assessor info on the county website
Neighborhood: Near Southeast
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Nearby schools
GreatSchools rating
- 2/10Frederick Douglass School 19Grades: PK-5Distance: 0.4 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 2.5 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- High: Arsenal Technical High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Indiana
- Marion County
- Indianapolis
- 46203
- Near Southeast
- 1602 E Minnesota St
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