Attention investors and house hackers! Ground has just been broken on this brand-new upper/lower duplex in the highly desirable Bates-Hendricks neighborhood, just south of downtown Indianapolis. Each thoughtfully designed unit will feature an open-concept layout with a spacious living room, dining area, and kitchen, along with three bedrooms, two full baths, and a dedicated laundry room-ideal for today's renters. Located in one of Indy's fastest-growing areas, this property offers strong income potential, with projected rents ranging from $1,800 to $2,200 per month per unit. Estimated completion is set for late September, giving you the opportunity to secure a brand-new, low-maintenance asset before it hits the market. Whether you're looking to expand your investment portfolio or take advantage of a house-hacking opportunity by living in one unit and renting the other, this property checks all the boxes. Enjoy walkable access to the continued growth of Bates-Hendricks and just minutes from the dining, nightlife, and energy of nearby Fountain Square.
81 days
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111
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3
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Zillow last checked:
Listing updated:
Listed by:
Rob Measel812-208-0498,
F.C. Tucker Company,
Eric Lantz317-914-8296
Source: MIBOR as distributed by MLS GRID,MLS#: 22098184
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Facts & features
Interior
Bedrooms & bathrooms
Bathrooms: 4
Main level bathrooms: 6
Appliances
Laundry: Laundry Room
Property
Features
Levels: Two
Stories: 2
Lot
Size: 3,484 Square Feet
Details
Parcel number: 491113104056005101
Construction
Type & style
Home type: MultiFamily
Architectural style: Traditional
Property subtype: Multi Family, Duplex
Attached to another structure: Yes
Materials
Roof: Asphalt
Condition
New Construction
New construction: Yes
Year built: 2026
Community & HOA
Community
Subdivision: Hildebrands
Location
Region: Indianapolis
Financial & listing details
Tax assessed value: $12,000
Annual tax amount: $284
Date on market: 4/28/2026
Cumulative days on market: 83 days
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
4/28/2026
Listed for sale
$425,000+2733.3%
Source: MIBOR as distributed by MLS GRID #22098184Report a problem
2/23/2026
Sold
$15,000-24.6%
Source: MIBOR as distributed by MLS GRID #22056766Report a problem
2/6/2026
Pending sale
$19,900
Source: MIBOR as distributed by MLS GRID #22056766Report a problem
12/19/2025
Price change
$19,900-20.1%
Source: MIBOR as distributed by MLS GRID #22056766Report a problem
11/18/2025
Price change
$24,900-16.7%
Source: MIBOR as distributed by MLS GRID #22056766Report a problem
10/17/2025
Price change
$29,900-22.3%
Source: MIBOR as distributed by MLS GRID #22056766Report a problem
9/16/2025
Price change
$38,500-14.3%
Source: MIBOR as distributed by MLS GRID #22056766Report a problem
8/14/2025
Listed for sale
$44,900
Source: MIBOR as distributed by MLS GRID #22056766Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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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