HOUSE HACK!! LIVE IN ONE UNIT AND LET THE OTHER 3 PAY YOUR BILLS!! USE STANDARD LOW DOWNPAYMENT LOAN!! Don't miss this incredible opportunity to own a beautifully updated quadplex just minutes from downtown Indianapolis. This income-producing property features a versatile unit mix with two studio apartments and two spacious 3-bedroom, 1-bath units, making it ideal for attracting a wide range of tenants. Each unit has been newly renovated, offering modern finishes, updated kitchens and baths, and fresh interiors that tenants will love. The larger units provide generous living space perfect for families or roommates, while the studios are ideal for singles or young professionals seeking an affordable, stylish option near the city center. Located in a highly desirable area with easy access to downtown dining, entertainment, employment hubs, and major highways, this property is perfectly positioned for strong rental demand and long-term appreciation. RENT 1500, 1500, 1300, and estimated 1100. Ask agent for deal sheet in supplements.
Sold
$500,000
414 N Tacoma Ave, Indianapolis, IN 46201
8beds
4baths
--sqft
Multi Family, Quadruplex
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$1,728 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,728/mo
Zestimate® history
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List your homeWhat's special
Modern finishesFresh interiorsGenerous living spaceUpdated kitchens and baths
Zillow last checked:
Listing updated:
Listed by:
Eli Skinner 317-627-0784,
Simplify Real Estate
Bought with:
Non-BLC Member
MIBOR REALTOR® Association
Source: MIBOR as distributed by MLS GRID,MLS#: 22092474
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Main level bathrooms: 8
Heating
- Electric
Cooling
- None
Appliances
- Laundry: Main Level
Features
- Has basement: No
Property
Parking
- Parking features: Concrete
- Details: Unit Parking(On Street, Paved Area)
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,920 Square Feet
Details
- Parcel number: 491005187045000101
- Special conditions: Other
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family, Quadruplex
Materials
- Vinyl With Stone
- Foundation: Crawl Space
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1900
Community & HOA
Community
- Security: Smoke Detector(s), Varies By Unit
- Subdivision: A M Ogle Et Al East Park
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $54,900
- Annual tax amount: $1,044
- Date on market: 4/1/2026
- Cumulative days on market: 28 days
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 5/11/2026 | Sold | $500,000+0.2% |
Source:  MIBOR as distributed by MLS GRID #22092474 Report a problem | ||
| 4/28/2026 | Pending sale | $499,000 |
Source: MIBOR as distributed by MLS GRID #22092474 Report a problem | ||
| 4/1/2026 | Listed for sale | $499,000+232.7% |
Source: MIBOR as distributed by MLS GRID #22092474 Report a problem | ||
| 6/11/2024 | Listing removed | -- |
Source: MIBOR as distributed by MLS GRID #21976303 Report a problem | ||
| 5/14/2024 | Pending sale | $150,000 |
Source: MIBOR as distributed by MLS GRID #21976303 Report a problem | ||
| 4/29/2024 | Listed for sale | $150,000 |
Source: MIBOR as distributed by MLS GRID #21976303 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,044 -12% | $54,900 +24.8% |
| 2024 | $1,186 +6.7% | $44,000 -12% |
| 2023 | $1,112 +62.9% | $50,000 +6.2% |
| 2022 | $683 -44.5% | $47,100 -35.2% |
| 2021 | $1,230 +108.3% | $72,700 +36.9% |
| 2020 | $590 -40.2% | $53,100 +25.5% |
| 2019 | $986 +16.4% | $42,300 +2.2% |
| 2018 | $847 +12.3% | $41,400 +3.8% |
| 2017 | $754 | $39,900 +9.9% |
| 2016 | -- | $36,300 +6.5% |
| 2014 | -- | $34,100 |
| 2013 | -- | $34,100 +24.5% |
| 2012 | -- | $27,400 +16.1% |
| 2011 | -- | $23,600 |
| 2010 | -- | $23,600 |
| 2009 | $507 | $23,600 +58.4% |
| 2007 | -- | $14,900 |
Find assessor info on the county website
Neighborhood: Near Eastside
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Nearby schools
GreatSchools rating
- 4/10Thomas D. Gregg School 15Grades: PK-5Distance: 0.2 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 1.9 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 0.8 mi
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- Indiana
- Marion County
- Indianapolis
- 46201
- Near Eastside
- 414 N Tacoma Ave
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