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Sold
  • $278,157

    3312 W 58th St, Indianapolis, IN 46228

    5beds
    2baths
    --sqft
    Multi Family, Duplex
    Built in 1957
    -- sqft lot
    $280,900 Zestimate®
    $--/sqft
    $1,432 Estimated rent

    Home value

    $280,900

    $258,000 - $306,000

    $1,432/mo

    Zestimate® history
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    Owner options

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    $1,432/mo

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    $1,432/mo

    Rent Zestimate®

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    $1,734/mo

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    $1,734/mo

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    What's special

    Fenced backyardCorner lotGenerous half-acre corner lot
    Excellent Investment Opportunity in Washington Township - Duplex on Spacious Corner Lot Located in a highly convenient area of Indianapolis, this duplex presents a fantastic investment opportunity. Situated on a generous half-acre corner lot, the property includes two separately metered units with private entrances: 3312 W 58th St and 5807 Downing Dr. The larger unit at 3312 W 58th St offers 3 bedrooms, 1 bathroom, a 2-car garage, and a fenced backyard-ideal for families or long-term tenants. The smaller unit at 5807 Downing Dr features 2 bedrooms, 1 bathroom, a private driveway, and a side yard. Both units are currently leased to reliable, long-term tenants on month-to-month agreements. Rents are currently below market value-$900 for 3312 W 58th St and $500 for 5807 Downing Dr-leaving plenty of room for upside with modest cosmetic updates. Whether you're expanding your rental portfolio or seeking a flexible, income-producing property, this is a smart addition in a sought-after location. Minimum 24-hour notice required for all showings; subject to tenant approval and availability.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Will Lonnemann 317-294-2667,

    F.C. Tucker Company,

    Becky Douglas 317-946-6562,

    F.C. Tucker Company

    Bought with:

    Todd Cook

    Keller Williams Indy Metro S

    Source: MIBOR as distributed by MLS GRID,MLS#: 22036781MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Heating
    • Natural Gas
    Appliances
    • Laundry: Connections All, Main Level, Other
    Features
    • Has basement: No

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Concrete
    • Attached garage spaces: 2
    • Details: Unit Parking(2 Car Garage, 2 Car Space, On Street)
    Features
    • Levels: One
    • Stories: 1
    • Fencing: Fenced,Chain Link,Fence Full Rear
    Lot
    • Size: 0.52 Acres
    • Features: Corner Lot, Not In Subdivision, Mature Trees
    Details
    • Parcel number: 490604103012000800

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Multi Family, Duplex
    Materials
    • Stone
    • Foundation: Crawl Space, Full
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1957

    Community & neighborhood

    Location
    • Region: Indianapolis
    • Subdivision: Town & Country Estates

    Other

    Other facts
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    6/30/2025Sold$278,157-7.3%
    Source: MIBOR as distributed by MLS GRID #22036781 Report a problem
    5/16/2025Pending sale$300,000
    Source: MIBOR as distributed by MLS GRID #22036781 Report a problem
    5/6/2025Listed for sale$300,000+114.3%
    Source: MIBOR as distributed by MLS GRID #22036781 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    12/10/2019Listing removed$900
    Source: Owner Report a problem
    11/6/2019Listed for rent$900
    Source: Owner Report a problem
    10/14/2014Listing removed$900
    Source: Kirk Realty Group, LLC Report a problem
    7/31/2014Listed for rent$900
    Source: Kirk Realty Group, LLC Report a problem
    4/8/2014Listing removed$900
    Source: Kirk Realty Group, LLC #21272132 Report a problem
    1/20/2014Price change$900-7.7%
    Source: Owner Report a problem
    11/6/2013Price change$975-11.4%
    Source: Owner Report a problem
    10/11/2013Listed for rent$1,100
    Source: Owner Report a problem
    9/27/2013Sold$140,000
    Source: MIBOR as distributed by MLS GRID #21248349 Report a problem
    8/6/2013Listed for sale$140,000
    Source: JD Holly Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,085 +16.2%$192,900 -2%
    2024$2,655 +16.2%$196,900 +10.9%
    2023$2,284 +7.7%$177,600 +15.1%
    2022$2,120 +11.2%$154,300 +7.7%
    2021$1,906 +15.2%$143,300 +3.8%
    2020$1,655 +19.4%$138,000 +5.4%
    2019$1,386 -4.1%$130,900 +11.3%
    2018$1,445 +0.6%$117,600 -0.8%
    2017$1,436 +25.1%$118,500 +1.5%
    2016$1,148 -1.7%$116,700 +3.7%
    2014$1,168 -54.4%$112,500 +4.1%
    2013$2,559 $108,100 -20.3%
    2011-- $135,600 +7.9%
    2010$890 +3.2%$125,700 -3.4%
    2009$862 $130,100 -1.7%
    2007-- $132,300 +0.5%
    2006-- $131,700 +0.8%
    2005-- $130,700
    2004-- $130,700 -34.3%
    2003-- $199,000 +134.9%
    2002-- $84,700 +199.9%
    2001-- $28,240
    2000-- $28,240

    Find assessor info on the county website

    Neighborhood: Snacks-Guion Creek

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $280,900
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $280,900