Turnkey Speedway Duplex - Investor's Dream in a Prime Location Don't miss this fantastic investment opportunity in one of the most desirable pockets of Speedway! This full brick, low-maintenance duplex (complete with gutter guards) offers the kind of durability and curb appeal investors love - minimal upkeep means more time focusing on your bottom line. One side has been recently refreshed with new laminate flooring and fresh paint, making it move-in ready for a new tenant or owner-occupant looking to house-hack. The other side offers great bones and upside potential for the next owner to add value. Each unit comes with its own dedicated space in the 2-car detached garage, complete with separate doors - a huge tenant perk that supports strong retention and premium rents. With a potential combined rental income of $2,400/month, this property offers a compelling cap rate in a location known for steady demand, thanks to its proximity to the Speedway community, employment centers, and everyday conveniences. Whether you're growing your rental portfolio or starting your investment journey, this brick duplex checks all the boxes: location, low maintenance, tenant-friendly features, and immediate income potential. Schedule your showing today - properties like this in Speedway don't last long!
Pending
$300,000
1903 Patton Dr, Indianapolis, IN 46224
4beds
2baths
--sqft
Multi Family, Duplex
Built in 1951
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 46 days
- 46
- 4
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Craig Deboor 317-445-0351,
Real Broker, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22114082
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Features
- Has basement: Yes
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Exterior features: Gutter Guards
Lot
- Size: 0.28 Acres
Details
- Parcel number: 490536110002000914
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
- Attached to another structure: Yes
Materials
- Roof: Fiberglass
Condition
- New construction: No
- Year built: 1951
Community & HOA
Community
- Subdivision: Bakers Walnut Grove
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $186,300
- Annual tax amount: $4,642
- Date on market: 7/20/2026
- Cumulative days on market: 47 days
- Road surface type: See Remarks
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2026 | Pending sale | $300,000 |
Source: | ||
| 7/20/2026 | Listed for sale | $300,000 |
Source: | ||
| 12/9/2015 | Listing removed | $775 |
Source: Carpenter, REALTORS #21390248 Report a problem | ||
| 12/8/2015 | Listed for rent | $775 |
Source: Carpenter, REALTORS #21390248 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,621 +8% | $186,300 +1.9% |
| 2024 | $4,277 +2% | $182,800 +7.7% |
| 2023 | $4,193 +41.3% | $169,700 +2% |
| 2022 | $2,967 +16.2% | $166,400 +41.1% |
| 2021 | $2,553 +3.5% | $117,900 +14.9% |
| 2020 | $2,466 +9.1% | $102,600 +3.6% |
| 2019 | $2,260 -0.4% | $99,000 +9.8% |
| 2018 | $2,269 +10.9% | $90,200 -1% |
| 2017 | $2,046 -1% | $91,100 +10% |
| 2016 | $2,066 +11.7% | $82,800 +9.7% |
| 2014 | $1,849 +88.7% | $75,500 -2.5% |
| 2013 | $980 | $77,400 -2.3% |
| 2012 | $980 | $79,200 +1.3% |
| 2011 | -- | $78,200 -3% |
| 2010 | $897 +22.3% | $80,600 |
| 2009 | $734 | $80,600 -5.5% |
| 2007 | -- | $85,300 |
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.Climate risks
Neighborhood: 46224
Nearby schools
Schools provided by the listing agent
- Middle: Speedway Junior High School
- High: Speedway Senior 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.






