Sold

$130,000

3937 N Grand Ave, Indianapolis, IN 46226

4beds

2baths

--sqft

Multi Family, Duplex

Built in 1955

-- sqft lot

$164,100 Zestimate^®

$--/sqft

$1,053 Estimated rent

Home value

$164,100

$139,000 - $190,000

$1,053/mo

Zestimate^® history

Owner options

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$1,053/mo

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$1,053/mo

Rent Zestimate^®

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$868/mo

Est. payment

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$868/mo

Est. payment

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What's special

All-brick Duplex in great rental location! Market rent is $800 per month per unit. Easy to rent and manage has a lot to offer a new or experienced investor. Both units are well maintained and rented till 9/30/2024. Updated Flooring, trim, paint, new furnace on 3937 side done recently. Full rehab including mechanicals, roof, windows all done 7 years ago. Includes all appliances. Both units are metered separately, and tenant pays all utilities. People love the area for being near bus line, close to town. Both units currently rented. Please do not disturb occupants. Tenants' rights apply. Seller must be present for showings Monday through Friday 8am to 5pm. Need 48-hour notice to schedule showings with tenants.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Cooling

Window Unit(s)

Features

Has basement: No

Property

Parking

Parking features: Assigned, Gravel

Features

Levels: One
Stories: 1

Lot

Size: 9,583 Square Feet
Features: City Lot, Trees-Small (Under 20 Ft)

Details

Parcel number: 490715102113000401
Special conditions: Sales Disclosure Supplements,Other

Construction

Type & style

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

Materials

Brick, Wood
Foundation: Block
Roof: Asphalt

Condition

Updated/Remodeled
New construction: No
Year built: 1955

Community & HOA

Community

Subdivision: Maple Hill

Location

Region: Indianapolis

Financial & listing details

Tax assessed value: $163,000
Annual tax amount: $3,066
Date on market: 4/25/2024
Cumulative days on market: 4 days
Tenant pays: All Utilities, Insurance, Grounds Care
Road surface type: Asphalt

Price history

Date	Event	Price
5/22/2024	Sold	$130,000-7.1%
Source: MIBOR as distributed by MLS GRID #21975773 Report a problem
4/28/2024	Pending sale	$140,000
Source: MIBOR as distributed by MLS GRID #21975773 Report a problem
4/25/2024	Listed for sale	$140,000+600%
Source: MIBOR as distributed by MLS GRID #21975773 Report a problem
4/22/2016	Sold	$20,000-33.1%
Source: MIBOR as distributed by MLS GRID #21403318 Report a problem
3/24/2016	Price change	$29,900-6.6%
Source: JB Real Estate Consultants #21403318 Report a problem
3/9/2016	Listed for sale	$32,000+6.7%
Source: JB Real Estate Consultants #21403318 Report a problem
9/23/2015	Sold	$30,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,828 -2.1%	$163,000 +1.1%
2024	$3,909 +27.5%	$161,300 -2.1%
2023	$3,067 +85.2%	$164,800 +26.9%
2022	$1,656 +7.1%	$129,900 +80.9%
2021	$1,547 -12.5%	$71,800 +7.5%
2020	$1,768 +2.4%	$66,800 -10.8%
2019	$1,727 -55%	$74,900 +3.3%
2018	$3,836 +75.1%	$72,500 +7.1%
2017	$2,191 +51.4%	$67,700 +3.7%
2016	$1,447 +3.3%	$65,300 +0.8%
2014	$1,401 -26.3%	$64,800
2013	$1,900	$64,800 -23.5%
2012	$1,900	$84,700 +4.3%
2011	--	$81,200
2010	$1,688 -2.5%	$81,200
2009	$1,731	$81,200 -11.4%
2007	--	$91,600