Looking for cash flow in a great neighborhood close to downtown? Check out this Arsenal Heights fully rented 4 plex! All units are 1 bedroom/1 bath. Units are rented for an average of $895/unit/per month but could be increased! Property was recently renovated and the units are in great shape and attractive to tenants so easy to rent. Leases expire 2/29/24, 5/31/24. 8/31/24 and 9/30/25.
Sold
$430,000
302 N Summit St, Indianapolis, IN 46201
1beds
1baths
--sqft
Multi Family, Quadruplex
Built in 1890
-- sqft lot
$399,200 Zestimate®
$--/sqft
$1,247 Estimated rent
Home value
$399,200
$355,000 - $439,000
$1,247/mo
Zestimate® history
Owner options
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$1,247/mo
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$1,247/mo
Rent Zestimate®
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$2,656/mo
Est. payment
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$2,656/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Charlene Gaard 317-440-2149,
No Limit Real Estate, LLC,
Robert Gaard,
No Limit Real Estate, LLC
Bought with:
Scott Veerkamp
My Agent
Source: MIBOR as distributed by MLS GRID,MLS#: 21945829
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Heating
- Has Heating (Unspecified Type)
Cooling
- None, Window Unit(s)
Features
- Has basement: Yes
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,227 sqft
Details
- Parcel number: 491006137013000101
- Zoning: 4 plex
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
Materials
- Foundation: Block
Condition
- New construction: No
- Year built: 1890
Community & neighborhood
Location
- Region: Indianapolis
- Subdivision: L A Wrights
Price history
| Date | Event | Price |
|---|---|---|
| 3/21/2024 | Sold | $430,000-4.4% |
Source:  MIBOR as distributed by MLS GRID #21945829 Report a problem | ||
| 2/18/2024 | Pending sale | $450,000 |
Source: MIBOR as distributed by MLS GRID #21945829 Report a problem | ||
| 10/12/2023 | Listed for sale | $450,000+246.2% |
Source: MIBOR as distributed by MLS GRID #21945829 Report a problem | ||
| 6/28/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/20/2023 | Listed for rent | $1,300+85.7% |
Source: Zillow Rentals Report a problem | ||
| 11/2/2020 | Listing removed | $700 |
Source: Ethosity Property Management Report a problem | ||
| 10/7/2020 | Price change | $700-6.7% |
Source: Ethosity Property Management Report a problem | ||
| 8/28/2020 | Listed for rent | $750 |
Source: Ethosity Property Management Report a problem | ||
| 10/23/2019 | Sold | $130,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,686 +0% | $247,200 +3.2% |
| 2024 | $5,683 +0.5% | $239,600 |
| 2023 | $5,657 +16.5% | $239,600 |
| 2022 | $4,854 +24.4% | $239,600 +13.9% |
| 2021 | $3,902 +5.5% | $210,400 +24.9% |
| 2020 | $3,697 +35.9% | $168,500 +7.6% |
| 2019 | $2,721 +17.1% | $156,600 +37.1% |
| 2018 | $2,323 -0.4% | $114,200 +7.3% |
| 2017 | $2,332 +2% | $106,400 |
| 2016 | $2,286 +3.9% | $106,400 +4.5% |
| 2014 | $2,201 -34.6% | $101,800 |
| 2013 | $3,365 | $101,800 -32% |
| 2012 | $3,365 | $149,800 +51.3% |
| 2011 | -- | $99,000 |
| 2010 | $2,063 -13.7% | $99,000 -11.6% |
| 2009 | $2,391 | $112,000 -8.7% |
| 2007 | -- | $122,700 |
Find assessor info on the county website
Neighborhood: Near Eastside
Nearby schools
GreatSchools rating
- 7/10Center for Inquiry School 2Grades: K-5Distance: 1 mi
- 4/10Francis W. Parker School 56Grades: PK-8Distance: 2.1 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 0.4 mi
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Estimated market value
$399,200
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
$399,200
- Indiana
- Marion County
- Indianapolis
- 46201
- Near Eastside
- 302 N Summit St
Nearby cities
Nearby neighborhoods
Nearby zip codes
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