Discover this fully renovated multi-unit opportunity for both investors and house hackers alike. Nestled in the desirable Mapleton-Fall Creek neighborhood! There are 3 units, the main unit offers a spacious layout with three bedrooms, two bathrooms, abundant closet and pantry space, and an in-unit washer and dryer hookup. Second main level unit on back is a versatile studio/efficiency space complete with a private entrance, in-suite kitchen, and full bathroom. The third unit is an expansive upstairs area including one bedroom, one bathroom, and a dedicated office/flex space. There is ample parking space for a large number of occupants as well. 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. You don't want to miss this opportunity!
Active
$385,000
3408 Winthrop Ave, Indianapolis, IN 46205
6beds
4baths
--sqft
Multi Family, Triplex
Built in 1955
-- sqft lot
$373,000 Zestimate®
$--/sqft
$-- HOA
What's special
Private entranceExpansive upstairs areaIn-suite kitchenTwo bathrooms
- 1 day |
- 142 |
- 9 |
Zillow last checked:
Listing updated:
Listed by:
Scott Veerkamp 317-446-9398,
My Agent
Source: MIBOR as distributed by MLS GRID,MLS#: 22113958
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Forced Air
Cooling
- Central Air
Features
- Has basement: Yes
Property
Parking
- Parking features: Gravel
- Details: Unit Parking(Guest Parking, Unpaved)
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: $8,680
- Date on market: 7/14/2026
- Cumulative days on market: 2 days
Estimated market value
$373,000
$354,000 - $392,000
$1,530/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Listed for sale | $385,000+5.5% |
Source:  MIBOR as distributed by MLS GRID #22113958 Report a problem | ||
| 7/24/2024 | Sold | $365,000-5.2% |
Source: MIBOR as distributed by MLS GRID #21985563 Report a problem | ||
| 7/3/2024 | Pending sale | $385,000 |
Source: MIBOR as distributed by MLS GRID #21985563 Report a problem | ||
| 6/17/2024 | Listed for sale | $385,000+161.9% |
Source: MIBOR as distributed by MLS GRID #21985563 Report a problem | ||
| 3/28/2022 | Sold | $147,000+8.9% |
Source: MIBOR as distributed by MLS GRID #21841628 Report a problem | ||
| 3/8/2022 | Pending sale | $135,000 |
Source: MIBOR as distributed by MLS GRID #21841628 Report a problem | ||
| 3/8/2022 | Listed for sale | $135,000 |
Source: MIBOR as distributed by MLS GRID #21841628 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Mapleton-Fall Creek
Nearby schools
GreatSchools rating
- 4/10Francis W. Parker School 56Grades: PK-8Distance: 1.2 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 0.7 mi
- 4/10Center for Inquiry School 27Grades: PK-5Distance: 1.9 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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