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  • $405,000

    1706 Ingram St, Indianapolis, IN 46218

    3beds
    2baths
    --sqft
    Multi Family, Duplex
    Built in 2026
    -- sqft lot
    $405,300 Zestimate®
    $--/sqft
    $1,843 Estimated rent

    Home value

    $405,300

    $381,000 - $434,000

    $1,843/mo

    Zestimate® history
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    What's special

    Turnkey New Construction townhome! Strong Cash Flow & Upside. The Unit Mix: 3 bed/2 bath per unit x2 Units! Projected Monthly Rent: $1,794 (3x2) / $3,588 Gross Monthly Total. Units: 2. Step into this new construction duplex in one of Indianapolis' fastest-growing corridors for residential and mixed-use development. This turnkey home is designed for strong cash flow, long-term appreciation, and excellent tax advantages. Martindale-Brightwood is a historically significant neighborhood undergoing a visible transformation as public and private investment flows into this near-downtown enclave. Bordered by Fall Creek to the west and Interstate 70 to the south, the area offers strong locational fundamentals-just minutes from the Bottleworks District, Mass Ave, and IU Health's expanding downtown campus. Long overlooked by institutional capital, Martindale-Brightwood is now a focus area for infill residential development, community revitalization efforts, and scalable investment opportunities. This neighborhood is primed for investors seeking long-term upside in emerging urban markets with strong affordability metrics and barriers to entry in nearby submarkets. Strong tenant demand driven by workforce housing, student housing, and new amenities. Consistent rent growth projected with stable expense load. Why Invest Here? This duplex offers investors: 1. New construction peace of mind - minimal maintenance, modern finishes. 2. Attractive returns in a market with limited new build inventory. 3. Generous depreciation & tax benefits to offset income. 4. Great neighborhood with rising property values and planned redevelopment. Please Reach out to our Investment team - 7655252161.

    Zillow last checked:

    Listing updated:

    Listed by:

    Edward Neu 317-339-5874,

    Neu Real Estate Group

    Bought with:

    Scott Veerkamp

    My Agent

    Source: MIBOR as distributed by MLS GRID,MLS#: 22080143MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Features
    • Has basement: No

    Property

    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 5,227 Square Feet
    Details
    • Parcel number: 490731198092000101

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2026
    Details
    • Builder name: Ipa

    Community & HOA

    Community
    • Subdivision: I Fletchers Oak Hill
    Location
    • Region: Indianapolis

    Financial & listing details

    • Tax assessed value: $4,500
    • Annual tax amount: $106
    • Date on market: 1/15/2026
    • Cumulative days on market: 217 days
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    8/18/2026Listing removed$2,000
    Source: Zillow Rentals Report a problem
    6/8/2026Price change$2,000-4.8%
    Source: Zillow Rentals Report a problem
    5/19/2026Listed for rent$2,100
    Source: Zillow Rentals Report a problem
    4/30/2026Sold$405,000-6.9%
    Source: MIBOR as distributed by MLS GRID #22080143 Report a problem
    3/3/2026Pending sale$435,000
    Source: MIBOR as distributed by MLS GRID #22080143 Report a problem
    1/15/2026Listed for sale$435,000
    Source: MIBOR as distributed by MLS GRID #22080143 Report a problem
    1/2/2026Listing removed$435,000
    Source: MIBOR as distributed by MLS GRID #22051416 Report a problem
    11/17/2025Price change$435,000+7.4%
    Source: MIBOR as distributed by MLS GRID #22051416 Report a problem
    10/1/2025Price change$405,000-4.7%
    Source: MIBOR as distributed by MLS GRID #22051416 Report a problem
    7/17/2025Price change$425,000+167.3%
    Source: MIBOR as distributed by MLS GRID #22051416 Report a problem
    6/21/2025Pending sale$159,000+354.3%
    Source: MIBOR as distributed by MLS GRID #21931271 Report a problem
    6/20/2025Sold$35,000-78%
    Source: MIBOR as distributed by MLS GRID #21931271 Report a problem
    7/23/2024Listed for sale$159,000
    Source: MIBOR as distributed by MLS GRID #21931271 Report a problem
    7/9/2024Listing removed--
    Source: MIBOR as distributed by MLS GRID #21931271 Report a problem
    7/10/2023Listed for sale$159,000+87.1%
    Source: MIBOR as distributed by MLS GRID #21931271 Report a problem
    7/16/2022Listing removed--
    Source: MIBOR as distributed by MLS GRID #21800794 Report a problem
    7/26/2021Listed for sale$85,000
    Source: MIBOR as distributed by MLS GRID #21800794 Report a problem
    7/5/2021Listing removed--
    Source: MIBOR as distributed by MLS GRID #21770433 Report a problem
    3/9/2021Listed for sale$85,000-10.5%
    Source: MIBOR as distributed by MLS GRID #21770433 Report a problem
    9/9/2020Listing removed$95,000
    Source: MIBOR REALTOR Association #21704511 Report a problem
    1/11/2020Listed for sale$95,000+14674.5%
    Source: MIBOR REALTOR Association #21688931 Report a problem
    9/15/2017Sold$643-87.1%
    Source: Public Record Report a problem
    7/10/2015Listing removed$5,000
    Source: F.C. Tucker Company #21306323 Report a problem
    7/29/2014Listed for sale$5,000
    Source: F.C. Tucker Company, Inc. #21306323 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$107 -14.5%$4,500
    2024$125 -0.2%$4,500
    2023$125 -6.3%$4,500
    2022$133 +66.9%$4,500
    2021$80 -1.8%$4,500 +66.7%
    2020$81 -3%$2,700
    2019$84 $2,700
    2018-- $2,700
    2017$399 +387.8%$2,700
    2016$82 +3.7%$2,700
    2014$79 +30.2%$2,700
    2013$61 $2,700
    2012$61 $2,700 -52.6%
    2011-- $5,700
    2010$119 -2.5%$5,700
    2009$121 $5,700
    2007-- $5,700
    Find assessor info on the county website

    Neighborhood: Martindale-Brightwood

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $405,300
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    Estimated market value
    $405,300