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Sold
  • $277,000

    2749 S Illinois St, Indianapolis, IN 46225

    4beds
    2baths
    --sqft
    Multi Family, Duplex
    Built in 1962
    -- sqft lot
    $283,300 Zestimate®
    $--/sqft
    $1,061 Estimated rent

    Home value

    $283,300

    $258,000 - $309,000

    $1,061/mo

    Zestimate® history
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    $1,061/mo

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    $1,741/mo

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    $1,741/mo

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    What's special

    Updated living spaceHistoric charmTree-lined streetsNew flooringFresh paint
    Situated in the thriving Garfield Park area, this freshly painted 2025 duplex is a prime house-hacking or investment opportunity! Each unit offers 2 bedrooms, 1 bathroom, and 900 sq ft of updated living space, making it ideal for homeowners looking to offset their mortgage or investors seeking a strong rental property. The second unit (98 Gimber St) features a 1.5-car garage with a workshop, providing valuable storage space or an ideal setup for hobbyists. Both units received extensive renovations in 2020, including new flooring, showers, cabinets, appliances, and fresh paint, ensuring a modern, move-in-ready feel. Additionally, the crawl space was professionally cleaned, reinforced, and fully waterproofed in 2020 to enhance the property's longevity and structural integrity. One unit is currently leased on a month-to-month basis, while the other has a 90-day lease, with a tenant eager to stay, offering immediate rental income potential or flexibility for an owner-occupant. This duplex sits minutes from downtown Indianapolis, placing residents near top dining, entertainment, and shopping destinations. The sought-after Garfield Park area offers tree-lined streets, historic charm, and easy access to walking trails, a conservatory, an arts center, and year-round events. The Southside's vibrant community scene features unique coffee shops, breweries, and markets, while I-65 access makes commuting a breeze. Whether you're looking to live in one unit while renting out the other to cover costs, expand your real estate portfolio, or secure a well-maintained rental property in a high-demand area, this duplex delivers on value, location, and long-term potential. Don't miss this rare opportunity-schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Craig Deboor 317-445-0351,

    Real Broker, LLC,

    Kyle DeBoor,

    Real Broker, LLC

    Bought with:

    Evona Watson

    Triple E Realty, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22028244MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Appliances
    • Laundry: Common Laundry

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached
    • Garage spaces: 1
    • Details: Unit Parking(On Street, 2 Car Space)
    Features
    • Levels: One
    • Stories: 1
    • Fencing: Fenced,Partial
    Lot
    • Size: 0.26 Acres
    • Features: Storm Sewer
    Details
    • Parcel number: 491123119054000101

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Multi Family, Duplex
    • Attached to another structure: Yes
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1962

    Community & HOA

    Community
    • Security: Smoke Alarm
    • Subdivision: No Subdivision
    Location
    • Region: Indianapolis

    Financial & listing details

    • Tax assessed value: $96,900
    • Annual tax amount: $1,964
    • Date on market: 3/21/2025
    • Cumulative days on market: 6 days

    Price history

    DateEventPrice
    4/30/2025Sold$277,000+0.7%
    Source: MIBOR as distributed by MLS GRID #22028244 Report a problem
    3/27/2025Pending sale$275,000
    Source: MIBOR as distributed by MLS GRID #22028244 Report a problem
    3/21/2025Listed for sale$275,000+450%
    Source: MIBOR as distributed by MLS GRID #22028244 Report a problem
    3/17/2020Sold$50,000-35.1%
    Source: MIBOR as distributed by MLS GRID #21695426 Report a problem
    9/2/2010Price change$77,000-3.6%
    Source: Doc Real Estate, Inc. #21031199 Report a problem
    6/19/2010Listed for sale$79,900
    Source: Doc Real Estate, Inc. #21031199 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,012 +2.5%$96,900 +14.3%
    2024$1,964 -8%$84,800 +2.4%
    2023$2,134 +9.4%$82,800 -8.4%
    2022$1,952 -16.8%$90,400 +6.9%
    2021$2,346 -4.5%$84,600 -16.5%
    2020$2,458 +2.8%$101,300 -2.7%
    2019$2,390 +12.1%$104,100 +4.6%
    2018$2,132 +3.1%$99,500 +2.2%
    2017$2,068 +3.9%$97,400 +4.7%
    2016$1,991 +10.8%$93,000 +13.8%
    2014$1,797 -7.7%$81,700
    2013$1,947 $81,700 -3.9%
    2012$1,947 $85,000 -4.5%
    2011-- $89,000
    2010$1,885 -2.1%$89,000
    2009$1,926 $89,000 -6.2%
    2007-- $94,900
    Find assessor info on the county website

    Neighborhood: Garfield Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $283,300
    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
    $283,300