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Sold
    • $250,000

    2536 Madison Ave, Indianapolis, IN 46225

    4beds
    2baths
    --sqft
    Multi Family, Duplex
    Built in 1940
    -- sqft lot
    $248,400 Zestimate®
    $--/sqft
    $1,107 Estimated rent

    Home value

    $248,400

    $236,000 - $261,000

    $1,107/mo

    Zestimate® history
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    What's special

    Fully tenanted duplex. 2 bedrooms / 1 bath with full unfinished basement per side. LVP floors throughout the living space. Gravel drive with off street parking behind the property. Leases in place through November 2026 at $1200 per month. Oven/range and refrigerator on both sides stay with the property.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joshua Carpenter 317-402-9111,

    Trueblood Real Estate,

    Kim Carpenter 317-509-4000,

    Trueblood Real Estate

    Bought with:

    Ryan Rominger

    Trueblood Real Estate

    Source: MIBOR as distributed by MLS GRID,MLS#: 22085746MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Main level bathrooms: 4
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Laundry: Connections All, In Basement
    Features
    • Has basement: Yes

    Property

    Parking
    • Parking features: Gravel
    • Details: Unit Parking(Unpaved)
    Features
    • Levels: One
    • Stories: 1
    • Fencing: Fenced,Partial,Privacy
    Lot
    • Size: 8,712 Square Feet
    • Features: Sidewalks, Street Lights, Mature Trees
    Details
    • Parcel number: 491124131009000101
    • Special conditions: As Is,Broker Owned

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Bungalow
    • Property subtype: Multi Family, Duplex
    Materials
    • Aluminum Siding
    • Foundation: Block
    • Roof: Shingle
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1940

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Hoefgens
    Location
    • Region: Indianapolis

    Financial & listing details

    • Tax assessed value: $197,100
    • Annual tax amount: $6,372
    • Date on market: 2/24/2026
    • Cumulative days on market: 5 days
    • Tenant pays: Insurance
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    3/30/2026Sold$250,000
    Source: MIBOR as distributed by MLS GRID #22085746 Report a problem
    3/1/2026Pending sale$250,000
    Source: MIBOR as distributed by MLS GRID #22085746 Report a problem
    2/24/2026Listed for sale$250,000+22.5%
    Source: MIBOR as distributed by MLS GRID #22085746 Report a problem
    7/8/2024Sold$204,000-5.1%
    Source: MIBOR as distributed by MLS GRID #21980105 Report a problem
    5/22/2024Pending sale$215,000
    Source: MIBOR as distributed by MLS GRID #21980105 Report a problem
    5/17/2024Listed for sale$215,000+64.9%
    Source: MIBOR as distributed by MLS GRID #21980105 Report a problem
    4/7/2020Sold$130,400+24.2%
    Source: Agent Provided Report a problem
    12/9/2017Listing removed$695
    Source: CENTURY 21 Diversified Realty #21524292 Report a problem
    11/10/2017Listed for rent$695
    Source: CENTURY 21 Diversified Realty #21524292 Report a problem
    7/18/2016Sold$105,000-4.5%
    Source: MIBOR as distributed by MLS GRID #21413238 Report a problem
    4/23/2016Listed for sale$109,900-12.8%
    Source: DNA Properties, LLC #21413238 Report a problem
    3/31/2015Listing removed$126,000
    Source: Tomorrow Realty, Inc. #21318012 Report a problem
    10/1/2014Listed for sale$126,000
    Source: Tomorrow Realty, Inc. #21318012 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,187 -3.9%$197,100 +46.8%
    2024$3,316 -4%$134,300 -3.9%
    2023$3,455 +20.2%$139,700 -4.4%
    2022$2,873 +18.1%$146,200 +17.5%
    2021$2,433 +74.3%$124,400 +18.6%
    2020$1,396 -0.9%$104,900 +77.8%
    2019$1,409 +14.5%$59,000
    2018$1,231 +0.8%$59,000 +7.7%
    2017$1,221 +11.3%$54,800 +6.6%
    2016$1,097 +12.1%$51,400 +14%
    2014$978 -4.2%$45,100
    2013$1,021 $45,100
    2012$1,021 $45,100 -8.9%
    2011-- $49,500
    2010$1,038 -2.1%$49,500
    2009$1,060 $49,500 -10.2%
    2007-- $55,100
    Find assessor info on the county website

    Neighborhood: Garfield Park

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    Estimated market value
    $248,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $248,400

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