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  • $490,000

    2602 Winthrop Ave, Indianapolis, IN 46205

    3beds
    3baths
    --sqft
    Multi Family, Duplex
    Built in 2025
    -- sqft lot
    $493,200 Zestimate®
    $--/sqft
    $2,412 Estimated rent

    Home value

    $493,200

    $454,000 - $533,000

    $2,412/mo

    Zestimate® history
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    $2,412/mo

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    $2,412/mo

    Rent Zestimate®

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    $3,056/mo

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    $3,056/mo

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    What's special

    Investors!! Welcome to 2602 Winthrop Ave.! A newly constructed Duplex minutes from downtown and a simple 3 minute walk to the Monon trail. This property is ideal for investors or savvy buyers looking for a value-add opportunity! Whether you're looking to expand your portfolio or live in one unit while renting out the other, this versatile property offers excellent income potential and a low-maintenance experience! Units are in final stages of completion. Each unit offers its own entrance and layout, making it perfect for a rental. One unit is a 2 bedroom/2 bathroom, 2 full kitchens with dishwasher and washer/dryer, and one unit is a 1 bedroom/1 bathroom with full kitchen, dishwasher and washer/dryer, with a shared backyard and a large concrete parking area, and additional alley and street parking. Units have individual electric meters & units are set up as all electric. Units have shared water meter. Buyer should conduct own measurements for accuracy. Builder is providing PWSC 2/10 Warranty. Don't miss out on this rare opportunity to own a turnkey multifamily property in a fast-growing community! Preliminary title work ordered through First American Title Insurance. Listing broker to hold EM.

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Schrader 317-557-3485,

    United Real Estate Indpls

    Bought with:

    Paul Shay

    CENTURY 21 Scheetz

    Source: MIBOR as distributed by MLS GRID,MLS#: 22048800MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    Heating
    • Forced Air, Heat Pump, High Efficiency (90%+ AFUE )
    Cooling
    • Central Air
    Appliances
    • Laundry: Laundry Closet
    Features
    • Basement: Apartment,Egress Window(s),Exterior Entry,Finished,Full

    Property

    Parking
    • Details: Unit Parking(Guest Parking, On Street, Paved Area)
    Features
    • Levels: Three Or More
    Lot
    • Size: 5,662 Square Feet
    Details
    • Parcel number: 490625173119000101
    • Special conditions: Broker Owned

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    Materials
    • Foundation: Concrete Perimeter
    • Roof: Shingle
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2025
    Details
    • Builder name: He Homes

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: Nordyke & Hollowells
    Location
    • Region: Indianapolis

    Financial & listing details

    • Tax assessed value: $26,100
    • Annual tax amount: $620
    • Date on market: 7/14/2025
    • Cumulative days on market: 6 days

    Price history

    DateEventPrice
    10/16/2025Listing removed$1,295
    Source: Zillow Rentals Report a problem
    10/2/2025Price change$1,295+8.4%
    Source: Zillow Rentals Report a problem
    9/25/2025Price change$1,195-4%
    Source: Zillow Rentals Report a problem
    9/17/2025Price change$1,245-3.9%
    Source: Zillow Rentals Report a problem
    9/12/2025Listed for rent$1,295
    Source: Zillow Rentals Report a problem
    8/22/2025Sold$490,000-1.8%
    Source: MIBOR as distributed by MLS GRID #22048800 Report a problem
    7/19/2025Pending sale$499,000
    Source: MIBOR as distributed by MLS GRID #22048800 Report a problem
    7/14/2025Listed for sale$499,000+1563.3%
    Source: MIBOR as distributed by MLS GRID #22048800 Report a problem
    9/4/2019Sold$30,000-14.3%
    Source: Public Record Report a problem
    9/5/2017Listed for sale$35,000
    Source: RE/MAX Metro #21511081 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$619 -14.4%$26,100
    2024$724 +466%$26,100
    2023$128 -6.3%$26,100 +467.4%
    2022$136 +0.2%$4,600
    2021$136 -1.7%$4,600
    2020$139 -3%$4,600
    2019$143 $4,600
    2018-- $4,600
    2017$546 +292.1%$4,600
    2016$139 +40%$4,600
    2014$99 +43.3%$4,600
    2013$69 $4,600 -44.6%
    2012$69 $8,300 +12.2%
    2011-- $7,400
    2010$58 +11.4%$7,400
    2009$52 $7,400 +13.8%
    2007-- $6,500 -25.3%
    2004-- $8,700 -81.1%
    2003-- $46,100 +385.3%
    2002-- $9,500 +199.7%
    2000-- $3,170
    Find assessor info on the county website

    Neighborhood: Near Northside

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $493,200
    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
    $493,200