Pending

$250,000

1627 N Talbott St, Indianapolis, IN 46202

1beds

1baths

--sqft

$1,750/mo

Get pre-qualified

Multi Family, Quadruplex

Built in 1867

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Surface parking lot

Located just minutes from downtown Indianapolis, this multifamily property offers significant potential for redevelopment or repositioning. The building includes a surface parking lot and is situated in a highly accessible location near major employers, shopping, dining, and entertainment. This presents an excellent opportunity for an investor to add value in a growing rental market. The property is in distressed condition and will require a full renovation. Limited information is available, and buyers are encouraged to perform their own due diligence. Property is located within the Herron-Morton Place Historic District.

166 days
121
2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1

Features

Has basement: Yes

Property

Parking

Details: Unit Parking(Parking Lot)

Features

Levels: Three Or More

Lot

Size: 8,276 Square Feet

Details

Parcel number: 490636176012000101
Special conditions: As Is,Corporate Owned,Historic District

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Quadruplex

Condition

New construction: No
Year built: 1867

Community & HOA

Community

Subdivision: Eliz Talbotts

Location

Region: Indianapolis

Financial & listing details

Tax assessed value: $477,100
Annual tax amount: $9,506
Date on market: 4/10/2026
Cumulative days on market: 170 days

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/11/2026	Pending sale	$250,000
Source: MIBOR as distributed by MLS GRID #22094650 Report a problem
6/16/2026	Price change	$250,000-3.8%
Source: MIBOR as distributed by MLS GRID #22094650 Report a problem
5/5/2026	Price change	$260,000-5.5%
Source: MIBOR as distributed by MLS GRID #22094650 Report a problem
4/10/2026	Listed for sale	$275,000
Source: MIBOR as distributed by MLS GRID #22094650 Report a problem
1/27/2026	Listing removed	$275,000
Source: MIBOR as distributed by MLS GRID #22064880 Report a problem
1/9/2026	Listed for sale	$275,000
Source: MIBOR as distributed by MLS GRID #22064880 Report a problem
10/22/2025	Listing removed	$275,000
Source: MIBOR as distributed by MLS GRID #22064880 Report a problem
10/20/2025	Price change	$275,000-8.3%
Source: MIBOR as distributed by MLS GRID #22064880 Report a problem
9/26/2025	Listed for sale	$300,000-70%
Source: MIBOR as distributed by MLS GRID #22064880 Report a problem
5/14/2025	Sold	$999,000+81.5%
Source: Public Record Report a problem
5/9/2023	Sold	$550,500-4.3%
Source: Public Record Report a problem
7/29/2020	Sold	$575,000+26.4%
Source: Public Record Report a problem
12/4/2019	Sold	$455,000+49.2%
Source: Public Record Report a problem
11/7/2014	Sold	$305,000
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,506 +6.4%	$477,100 +19.1%
2024	$8,935 +24.9%	$400,600 +6.3%
2023	$7,151 +12.5%	$376,700 +24.4%
2022	$6,358 -2.8%	$302,900 +9.9%
2021	$6,540 +2%	$275,600 -2.4%
2020	$6,412 -0.9%	$282,400 +4%
2019	$6,470 +15.3%	$271,600
2018	$5,612 +5.9%	$271,600 +3.3%
2017	$5,298 -6%	$262,800 +5.1%
2016	$5,638 +4.3%	$250,000 0%
2014	$5,407 -5.5%	$250,100
2013	$5,720	$250,100 +2.7%
2012	$5,720	$243,500 +6.6%
2011	--	$228,500
2010	$5,297 +20.8%	$228,500 +16.2%
2009	$4,383	$196,600
2007	--	$196,600