Great cash flow with this duplex in an area that is ripe for continued growth, between Stringtown and Central State on the Near West Side. The main level unit rents for $850/mo and offers 2 bedrooms plus a finished bonus room in the basement. It also features a tiled tub surround in the bathroom and a new central air unit. Both units have their own furnaces, fenced yards, and pay their own utilities. The upstairs unit is vacantwith a market rate of $850/mo, and is easy to show. It does not have central air. The main level unit has access to the 2 car detached garage. This property is being sold in as-is condition. Please show 281 1/2, but do not disturb the tenants at 281 until after an accepted offer.
Sold
$155,000
281 N Addison St, Indianapolis, IN 46222
4beds
2baths
--sqft
Multi Family, Duplex
Built in 1882
-- sqft lot
$177,100 Zestimate®
$--/sqft
$1,218 Estimated rent
Home value
$177,100
$161,000 - $195,000
$1,218/mo
Zestimate® history
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List your homeWhat's special
Fenced yardsNew central air unit
Zillow last checked:
Listing updated:
Listed by:
Jeremy Sandlin 317-441-4675,
F.C. Tucker Company
Bought with:
Justin Pugh
The Wyman Group
Source: MIBOR as distributed by MLS GRID,MLS#: 21989080
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Main level bathrooms: 4
Heating
- Dual, Forced Air
Cooling
- None
Features
- Basement: Finished,Partial
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Fencing: Fenced,Chain Link,Fence Complete,Fence Full Rear,Front Yard
Lot
- Size: 5,227 Square Feet
Details
- Parcel number: 491104110011000901
- Special conditions: As Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Wood
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1882
Community & HOA
Community
- Subdivision: West Park
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $173,500
- Annual tax amount: $3,686
- Date on market: 8/5/2024
- Cumulative days on market: 12 days
- Tenant pays: All Utilities
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 12/3/2024 | Sold | $155,000+3.4% |
Source:  MIBOR as distributed by MLS GRID #21989080 Report a problem | ||
| 10/25/2024 | Pending sale | $149,900 |
Source: MIBOR as distributed by MLS GRID #21989080 Report a problem | ||
| 10/18/2024 | Price change | $149,900+3.4% |
Source: MIBOR as distributed by MLS GRID #21989080 Report a problem | ||
| 8/21/2024 | Pending sale | $145,000 |
Source: MIBOR as distributed by MLS GRID #21989080 Report a problem | ||
| 8/19/2024 | Listed for sale | $145,000 |
Source: MIBOR as distributed by MLS GRID #21989080 Report a problem | ||
| 8/9/2024 | Pending sale | $145,000 |
Source: MIBOR as distributed by MLS GRID #21989080 Report a problem | ||
| 8/5/2024 | Listed for sale | $145,000+38.1% |
Source: MIBOR as distributed by MLS GRID #21989080 Report a problem | ||
| 1/3/2024 | Listing removed | -- |
Source: MIBOR as distributed by MLS GRID #21942147 Report a problem | ||
| 11/17/2023 | Listed for rent | $850 |
Source: MIBOR as distributed by MLS GRID #21942147 Report a problem | ||
| 10/13/2023 | Listing removed | -- |
Source: MIBOR as distributed by MLS GRID #21942147 Report a problem | ||
| 9/13/2023 | Listed for rent | $850+54.5% |
Source: MIBOR as distributed by MLS GRID #21942147 Report a problem | ||
| 5/14/2021 | Sold | $105,000+6.1% |
Source: Public Record Report a problem | ||
| 3/12/2021 | Listed for sale | $99,000-13.9% |
Source: Owner Report a problem | ||
| 2/21/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/21/2020 | Listed for sale | $115,000+1038.6% |
Source: Owner Report a problem | ||
| 2/28/2011 | Listing removed | $550 |
Source: Aspire Real Estate, LLC Report a problem | ||
| 1/1/2011 | Listed for rent | $550 |
Source: Aspire Real Estate, LLC Report a problem | ||
| 9/3/2010 | Sold | $10,100+2% |
Source: MIBOR as distributed by MLS GRID #21023327 Report a problem | ||
| 7/3/2010 | Price change | $9,900-33.6% |
Source: Keller Williams Realty Indy Metro West #21023327 Report a problem | ||
| 5/23/2010 | Price change | $14,900-16.8% |
Source: foreclosure.com Report a problem | ||
| 4/30/2010 | Listed for sale | $17,900 |
Source: Keller Williams Indy Metro West #21023327 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,675 -29.4% | $173,500 +0.2% |
| 2024 | $3,786 +2.7% | $173,100 +8.5% |
| 2023 | $3,686 +135.1% | $159,600 +2.2% |
| 2022 | $1,568 +17.6% | $156,100 +47.4% |
| 2021 | $1,334 +3% | $105,900 +17.4% |
| 2020 | $1,295 +15.4% | $90,200 +4.8% |
| 2019 | $1,123 +4% | $86,100 +16.7% |
| 2018 | $1,079 -46.3% | $73,800 -1.9% |
| 2017 | $2,010 +114.9% | $75,200 +12.2% |
| 2016 | $936 +12.6% | $67,000 +11.3% |
| 2014 | $831 +54.5% | $60,200 -3.2% |
| 2013 | $538 | $62,200 -3.3% |
| 2012 | $538 | $64,300 +16.7% |
| 2011 | -- | $55,100 -3.7% |
| 2010 | $446 -63.5% | $57,200 |
| 2009 | $1,221 | $57,200 -6.8% |
| 2007 | -- | $61,400 +12.9% |
| 2003 | -- | $54,400 +117.6% |
| 2002 | -- | $25,000 +200.1% |
| 2001 | -- | $8,330 |
| 2000 | -- | $8,330 |
Find assessor info on the county website
Neighborhood: Near Westside
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Nearby schools
GreatSchools rating
- 4/10Ernie Pyle School 90Grades: PK-5Distance: 1.5 mi
- 4/10William Penn School 49Grades: 6-8Distance: 1.3 mi
- 1/10George Washington Community High School (9-12)Grades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: George Washington Carver School 87
- High: George Washington High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$177,100
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Estimated market value
$177,100
- Indiana
- Marion County
- Indianapolis
- 46222
- Near Westside
- 281 N Addison St
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