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  • $365,000

    3408 Winthrop Ave, Indianapolis, IN 46205

    5beds
    4baths
    --sqft
    Multi Family, Triplex
    Built in 1955
    -- sqft lot
    $368,100 Zestimate®
    $--/sqft
    $1,056 Estimated rent

    Home value

    $368,100

    $350,000 - $387,000

    $1,056/mo

    Zestimate® history
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    What's special

    This is the inventory you've been looking for! Discover this fully renovated multi-unit opportunity for both investors and house hackers alike. Nestled in the desirable Mapleton-Fall Creek neighborhood, this property features upgrades, including a new roof, new windows, and new LVP flooring throughout. Modernized appliances, HVAC systems, plumbing, and electrical work as well. The property features 3 kitchens, 4 total bathrooms, and 5 "bedrooms" catering to the needs of multiple uses. There is ample parking space for a large number of occupants as well. The main unit offers a spacious layout with three bedrooms, two bathrooms, abundant closet and pantry space, and an in-unit washer and dryer. Additionally, a versatile studio or guest/office space is located at the back of the property, complete with a private entrance, in-suite kitchen, and full bathroom, perfect for visitors, tenants, or a small business. The expansive upstairs area includes one bedroom, one bathroom, and a dedicated office/flex space. This property is not only a fantastic investment, but also a perfect solution for those looking to offset their mortgage with rental income. The property is on 3 separate electric meters and 1 water meter. The anticipated target rent is approx $1,800, $1,100, & $800 = $3,700. The property is fully vacant and being sold in AS IS condition.

    Zillow last checked:

    Listing updated:

    Listed by:

    Morgan Thompson 270-300-8509,

    JUST LIV, LLC

    Bought with:

    Scott Veerkamp

    My Agent

    Source: MIBOR as distributed by MLS GRID,MLS#: 21985563MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Forced Air
    Cooling
    • Has cooling: Yes
    Features
    • Has basement: Yes

    Property

    Parking
    • Details: Unit Parking(Guest Parking)
    Features
    • Levels: Two
    • Stories: 2
    • Fencing: Fenced
    Lot
    • Size: 9,583 Square Feet
    Details
    • Parcel number: 490624161126000101

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Triplex
    Materials
    • Stucco
    • Foundation: Block
    • Roof: Shingle
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1955

    Community & HOA

    Community
    • Subdivision: Mapleton-Fall Creek
    Location
    • Region: Indianapolis

    Financial & listing details

    • Tax assessed value: $361,800
    • Annual tax amount: $2,660
    • Date on market: 6/17/2024
    • Cumulative days on market: 12 days

    Price history

    DateEventPrice
    10/22/2026Listing removed$385,000
    Source: MIBOR as distributed by MLS GRID #22113958 Report a problem
    7/14/2026Listed for sale$385,000+5.5%
    Source: MIBOR as distributed by MLS GRID #22113958 Report a problem
    7/24/2024Sold$365,000-5.2%
    Source: MIBOR as distributed by MLS GRID #21985563 Report a problem
    7/3/2024Pending sale$385,000
    Source: MIBOR as distributed by MLS GRID #21985563 Report a problem
    6/17/2024Listed for sale$385,000+161.9%
    Source: MIBOR as distributed by MLS GRID #21985563 Report a problem
    3/28/2022Sold$147,000+8.9%
    Source: MIBOR as distributed by MLS GRID #21841628 Report a problem
    3/8/2022Pending sale$135,000
    Source: MIBOR as distributed by MLS GRID #21841628 Report a problem
    3/8/2022Listed for sale$135,000
    Source: MIBOR as distributed by MLS GRID #21841628 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,960 +56%$361,800 +73.1%
    2024$3,178 +19.5%$209,000 +56%
    2023$2,661 +20.4%$134,000 +18.9%
    2022$2,210 +8.8%$112,700 +17.6%
    2021$2,031 +1.6%$95,800 +9.2%
    2020$2,000 +204.2%$87,700 +3.5%
    2019$657 +20.4%$84,700 +2%
    2018$546 +1.1%$83,000 +7.1%
    2017$540 -9.8%$77,500 +3.1%
    2016$599 +10.1%$75,200 -5.3%
    2014$544 -25.4%$79,400 +0.9%
    2013$729 $78,700 -6.9%
    2012$729 $84,500 -35%
    2011-- $130,000
    2010$1,339 +9.5%$130,000 +8.8%
    2009$1,223 $119,500 +6.7%
    2007-- $112,000 +13.4%
    2006-- $98,800 +11.1%
    2005-- $88,900
    2004-- $88,900 -6.3%
    2003-- $94,900 +256.8%
    2002-- $26,600 +200.2%
    2001-- $8,860
    2000-- $8,860
    Find assessor info on the county website

    Neighborhood: Mapleton-Fall Creek

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $368,100
    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
    $368,100