Call owner for questions, Investors the Gross rate of return is 10%. Nothing broken, nothing lacking in this beautiful income producing property. This a Garfield Park gem. 6 blocks to University of Indianapolis. 2760 side is owner occupied is a Turn key townhouse that could be an Airbnb, all furnishings come with this unit from toro lawn mower to Kitchen dishes and 6 person Hot tub/spa which is 2 yrs old, 48 jets. 2762 side is rented at $1,350 month which is a little light. Lease exp. 7/24. Energy efficient property. No deferred maintenance. Roof 10 yrs old. New Carrier 96% high efficiency furnaces gas and hot water heaters Oct 2023. Remodeled bathrooms. New insulation in walls, attic and basement. Floating floors. Large rooms through out, living room, dining room, large eat in kitchen with butler pantry, large remodeled bathrooms and plumbing, new sensor vent fans vented through the roof in Sept. 2023. Both units are identical. All appliances are new in last 2 years, except stove. Appliances remain with a washer & dryer in both units and one deep freezer chest. Basements have been dry locked painted grey and white and are usable spaces. 2760 side has $2k worth of custom black out shades through out (2) years old. Pella windows through out. New 8 x 6 shed 2023, custom privacy fence 2021, new led light fixtures in both units. Private patio with plenty of space for entertaining, with fire pit & large propane grill. Many other upgrades. Seperate utilities for both units. City water/sewer. Hot tub/spa can remain 2 yrs old. You are 2 minutes to I-65, 132 acre Garfield Park 2 blocks away, Brewery, bakery, coffee shops on the same street and 10 minutes to downtown Indianapolis, Eli Lilly, Fountain Square. Home sits on IndyGo Electric bus line. New paint in both units in last 2 years. Do not disturb tenant. Tenant pays all utilities. Property taxes are $1124.63 per year. Verify all property information on your own. You may view owner side with proof of funds or financing submitted prior to touring.Tenant side can be viewed after an agreement has been reached. You will not be held to an agreement unless you approve of the tenant unit. Tenant side is carpeted except for kitchen, bathroom and hallway. Other than that units are identical, mechanicals, square footage, room colors etc. There are 2 designated parking spaces out front and 2 in rear of home. This property has been maticulously cared for and updated. 317-969-nine-zero-six-seven.
Sold for $318,500
$318,500
2762 Shelby St, Indianapolis, IN 46203
4beds
2,740sqft
MultiFamily
Built in 1923
-- sqft lot
$323,700 Zestimate®
$116/sqft
$1,453 Estimated rent
Home value
$323,700
$298,000 - $353,000
$1,453/mo
Zestimate® history
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dryer, Freezer, Range / Oven, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Carpet, Laminate
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 2,740 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off-street, On-street
Features
- Exterior features: Vinyl
- Has spa: Yes
Lot
- Size: 5,967 Square Feet
Details
- Parcel number: 491124116029000101
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1923
Community & HOA
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $116/sqft
- Tax assessed value: $170,200
- Annual tax amount: $2,158
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2025 | Sold | $318,500+1.9%$116/sqft |
Source: Public Record Report a problem | ||
| 3/15/2024 | Pending sale | $312,500$114/sqft |
Source: | ||
| 3/13/2024 | Listed for sale | $312,500+285.8%$114/sqft |
Source: | ||
| 5/29/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/28/2023 | Listed for rent | $1,350+29.8% |
Source: Zillow Rentals Report a problem | ||
| 7/17/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 7/14/2022 | Price change | $1,040+5.6% |
Source: Zillow Rental Manager Report a problem | ||
| 7/4/2022 | Price change | $985-14.3% |
Source: Zillow Rental Manager Report a problem | ||
| 7/2/2022 | Price change | $1,150-7.9% |
Source: Zillow Rental Manager Report a problem | ||
| 6/21/2022 | Listed for rent | $1,249+44.4% |
Source: Zillow Rental Manager Report a problem | ||
| 3/21/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/15/2021 | Price change | $865-15.4% |
Source: Zillow Rental Manager Report a problem | ||
| 3/10/2021 | Price change | $1,023+14.9% |
Source: Zillow Rental Manager Report a problem | ||
| 3/5/2021 | Price change | $890-13.2% |
Source: Zillow Rental Manager Report a problem | ||
| 2/27/2021 | Listed for rent | $1,025+20.6% |
Source: Zillow Rental Manager Report a problem | ||
| 12/1/2019 | Listing removed | $850 |
Source: Owner Report a problem | ||
| 11/17/2019 | Listed for rent | $850-10.5% |
Source: Owner Report a problem | ||
| 9/30/2019 | Listing removed | $950 |
Source: Snyder Strategy Realty, Inc #21665609 Report a problem | ||
| 9/27/2019 | Price change | $950+11.8% |
Source: Snyder Strategy Realty, Inc #21665609 Report a problem | ||
| 8/20/2019 | Listed for rent | $850-8.1% |
Source: Owner Report a problem | ||
| 2/2/2019 | Listing removed | $925+5.7% |
Source: Owner Report a problem | ||
| 1/6/2019 | Listed for rent | $875+3.6% |
Source: Owner Report a problem | ||
| 9/23/2018 | Listing removed | $845 |
Source: Owner Report a problem | ||
| 9/16/2018 | Price change | $845-11.1% |
Source: Owner Report a problem | ||
| 9/12/2018 | Listed for rent | $950 |
Source: Owner Report a problem | ||
| 9/13/2016 | Sold | $81,000$30/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,158 +2.5% | $170,200 +2.4% |
| 2024 | $2,104 -1.3% | $166,200 +0.7% |
| 2023 | $2,131 +50.6% | $165,100 |
| 2022 | $1,415 +12.3% | $165,100 +25.6% |
| 2021 | $1,260 +22.9% | $131,500 +7.7% |
| 2020 | $1,026 +15.1% | $122,100 +20.2% |
| 2019 | $891 +11.1% | $101,600 +12.9% |
| 2018 | $802 +17.7% | $90,000 +6.6% |
| 2017 | $681 -54.2% | $84,400 +20.2% |
| 2016 | $1,489 +4% | $70,200 +6% |
| 2014 | $1,431 -2.4% | $66,200 |
| 2013 | $1,467 | $66,200 -16.6% |
| 2012 | $1,467 | $79,400 +26.8% |
| 2011 | -- | $62,600 |
| 2010 | $1,306 -2.4% | $62,600 |
| 2009 | $1,338 | $62,600 -20.6% |
| 2007 | -- | $78,800 |
Find assessor info on the county website
Neighborhood: Garfield Park
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Nearby schools
GreatSchools rating
- 3/10Raymond F. Brandes School 65Grades: PK-6Distance: 1.5 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 3.6 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 3.4 mi
Get a cash offer in 3 minutes
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Estimated market value
$323,700
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
$323,700
- Indiana
- Marion County
- Indianapolis
- 46203
- Garfield Park
- 2762 Shelby St