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.
Sold
$250,000
2536 Madison Ave, Indianapolis, IN 46225
4beds
2baths
--sqft
Multi Family, Duplex
Built in 1940
-- sqft lot
$248,400 Zestimate®
$--/sqft
$1,254 Estimated rent
Home value
$248,400
$236,000 - $261,000
$1,254/mo
Zestimate® history
Owner options
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$1,254/mo
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$1,254/mo
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$1,648/mo
Est. payment
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$1,648/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided 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#: 22085746
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 sqft
- 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 & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Indianapolis
- Subdivision: Hoefgens
Other
Other facts
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 3/30/2026 | Sold | $250,000 |
Source:  MIBOR as distributed by MLS GRID #22085746 Report a problem | ||
| 3/1/2026 | Pending sale | $250,000 |
Source: MIBOR as distributed by MLS GRID #22085746 Report a problem | ||
| 2/24/2026 | Listed for sale | $250,000+22.5% |
Source: MIBOR as distributed by MLS GRID #22085746 Report a problem | ||
| 7/8/2024 | Sold | $204,000-5.1% |
Source: MIBOR as distributed by MLS GRID #21980105 Report a problem | ||
| 5/22/2024 | Pending sale | $215,000 |
Source: MIBOR as distributed by MLS GRID #21980105 Report a problem | ||
| 5/17/2024 | Listed for sale | $215,000+64.9% |
Source: MIBOR as distributed by MLS GRID #21980105 Report a problem | ||
| 4/7/2020 | Sold | $130,400+24.2% |
Source: Agent Provided Report a problem | ||
| 12/9/2017 | Listing removed | $695 |
Source: CENTURY 21 Diversified Realty #21524292 Report a problem | ||
| 11/10/2017 | Listed for rent | $695 |
Source: CENTURY 21 Diversified Realty #21524292 Report a problem | ||
| 7/18/2016 | Sold | $105,000-4.5% |
Source: MIBOR as distributed by MLS GRID #21413238 Report a problem | ||
| 4/23/2016 | Listed for sale | $109,900-12.8% |
Source: DNA Properties, LLC #21413238 Report a problem | ||
| 3/31/2015 | Listing removed | $126,000 |
Source: Tomorrow Realty, Inc. #21318012 Report a problem | ||
| 10/1/2014 | Listed for sale | $126,000 |
Source: Tomorrow Realty, Inc. #21318012 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Nearby schools
GreatSchools rating
- 3/10Daniel Webster School 46Grades: PK-5Distance: 2.2 mi
- 4/10Francis W. Parker School 56Grades: PK-8Distance: 5 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 3.3 mi
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Estimated market value
$248,400
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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
- Indiana
- Marion County
- Indianapolis
- 46225
- Garfield Park
- 2536 Madison Ave
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