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Active
    • Price cut: $10K (6/16)
    $250,000

    1627 N Talbott St, Indianapolis, IN 46202

    1beds
    1baths
    --sqft
    : 
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    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.
    93 days
    |
    570
    |
    39
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Doug Fredbeck 317-522-8785,

    Keller Williams Indpls Metro N

    Source: MIBOR as distributed by MLS GRID,MLS#: 22094650MLS Logo

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      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: 140 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

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

        Public tax history

        YearProperty taxesTax 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
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Near Northside

        Getting around

        81 / 100
        Very Walkable
        52 / 100
        Good Transit
        73 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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