Sold

$425,000

3220 N Park Ave, Indianapolis, IN 46205

5beds

7baths

--sqft

Multi Family, Duplex

Built in 1910

-- sqft lot

$433,700 Zestimate^®

$--/sqft

$2,021 Estimated rent

Home value

$433,700

$395,000 - $473,000

$2,021/mo

Zestimate^® history

Owner options

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$2,021/mo

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$2,021/mo

Rent Zestimate^®

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$2,672/mo

Est. payment

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$2,672/mo

Est. payment

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What's special

Two Homes for the Price of One! This fully renovated duplex was gutted in 2019 with major upgrades, including Hardie board siding, double-hung windows, furnaces, AC units, hot water heaters, PEX plumbing, electrical, and new water and sewer lines. One side offers 2,300+ SF, three bedrooms and three full baths, plus a half bath. The other has 1,500 SF, two en-suite bedrooms, and a half bath. Rent one side to offset your mortgage. The 3-bed unit operated as a mid-term rental with 80% occupancy at $1,100/room. The 2-bed unit is currently leased at $1,900/month. The home has potential for condo conversion. Prime location: 10 minutes to the $4B IU Health hospital expansion, 15 minutes to downtown, plus free Newfields and Children's Museum memberships.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 7

Heating

Electric

Appliances

Laundry: Connections All, In Basement

Features

Basement: Unfinished

Property

Parking

Parking features: Alley Access, Gravel
Details: Unit Parking(Parking Lot)

Features

Levels: Two
Stories: 2

Lot

Size: 6,534 Square Feet

Details

Parcel number: 490624118005000101
Special conditions: Broker Owned

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Multi Family, Duplex

Materials

Brick, Wood Siding
Foundation: Block
Roof: Asphalt

Condition

Updated/Remodeled
New construction: No
Year built: 1910

Community & HOA

Community

Security: Security System
Subdivision: Osgoods Forest Park

Location

Region: Indianapolis

Financial & listing details

Tax assessed value: $423,900
Annual tax amount: $4,972
Date on market: 3/6/2025
Cumulative days on market: 44 days
Tenant pays: All Utilities

Price history

Date	Event	Price
7/13/2026	Listing removed	$2,500
Source: Zillow Rentals Report a problem
5/22/2026	Listed for rent	$2,500
Source: Zillow Rentals Report a problem
6/30/2025	Listing removed	$2,500
Source: Zillow Rentals Report a problem
6/9/2025	Listed for rent	$2,500
Source: Zillow Rentals Report a problem
5/13/2025	Sold	$425,000-3.4%
Source: MIBOR as distributed by MLS GRID #22025333 Report a problem
4/12/2025	Listed for sale	$440,000
Source: MIBOR as distributed by MLS GRID #22025333 Report a problem
3/13/2025	Pending sale	$440,000
Source: MIBOR as distributed by MLS GRID #22025333 Report a problem
3/6/2025	Listed for sale	$440,000+4.8%
Source: MIBOR as distributed by MLS GRID #22025333 Report a problem
7/3/2023	Sold	$420,000-6.7%
Source: MIBOR as distributed by MLS GRID #21922000 Report a problem
6/9/2023	Pending sale	$450,000
Source: MIBOR as distributed by MLS GRID #21922000 Report a problem
5/19/2023	Listed for sale	$450,000+900%
Source: MIBOR as distributed by MLS GRID #21922000 Report a problem
8/1/2018	Sold	$45,000
Source: MIBOR as distributed by MLS GRID #21541251 Report a problem
3/28/2018	Pending sale	$45,000
Source: MIBOR REALTOR Association #21541251 Report a problem
1/18/2018	Listed for sale	$45,000+231%
Source: MIBOR REALTOR Association #21541251 Report a problem
7/8/2011	Sold	$13,594-19.6%
Source: Public Record Report a problem
7/11/2006	Sold	$16,901
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,084 +42.5%	$423,900 +3.3%
2024	$4,972 +5.2%	$410,300 +39.5%
2023	$4,727 +24.6%	$294,100 +8.7%
2022	$3,795 +14.4%	$270,600 +21.1%
2021	$3,318 -27%	$223,400 +12.3%
2020	$4,547 +826.5%	$199,000 +3.3%
2019	$491	$192,600 +835%
2018	--	$20,600 +5.6%
2017	$458 +10%	$19,500 +2.6%
2016	$416	$19,000
2014	--	--
2013	--	--
2012	--	--
2010	$464 -2.3%	$22,100
2009	$475	$22,100 +39.9%
2007	--	$15,800