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  • $475,000

    4237 Evanston Ave, Indianapolis, IN 46205

    6beds
    6baths
    --sqft
    : 
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    Multi Family, Duplex
    Built in 2026
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Modern designQuality craftsmanship throughoutOpen living spaces
    Proposed New Construction Duplex | Nickel Plate Village Introducing a brand-new Duplex investment opportunity in the highly desirable Fairgrounds neighborhood. Each unit features a spacious 3-bedroom, 2-bath layout, ranging from 1250 to 1374 square feet, offering modern design, open living spaces, and quality craftsmanship throughout. With projected rents of $1,900 per unit, this property generates strong returns and is ideal for owner-occupants, investors, or house hackers looking to capitalize on Indianapolis's continued growth. Built by Paradigm Construction & Development, a respected local builder committed to quality, transparency, and community impact. Perfectly located just minutes from the $4 billion IU Health Downtown Hospital (scheduled for completion in December 2027) and backs up to newly paved Nickel Plate Trail, State Fairgournds, close to the Monon Trail, Fall Creek Greenway, Broad Ripple and Midtown dining and retail, this property combines walkability, convenience, and long-term appreciation potential. Estimated completion: Approximately 7 months from closing and first construction draw. Reach out directly for full specifications, construction timeline, and builder options.
    246 days
    |
    105
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Zachary Douglas 317-522-7238,

    Canull Group LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22071857MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 6

      Property

      Lot
      • Size: 5,227 Square Feet
      Details
      • Parcel number: 490718103682007801

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Duplex
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 2026
      Details
      • Builder name: Paradigm Constr.

      Community & HOA

      Community
      • Subdivision: Montrose
      Location
      • Region: Indianapolis

      Financial & listing details

      • Tax assessed value: $9,500
      • Annual tax amount: $320
      • Date on market: 11/5/2025
      • Cumulative days on market: 246 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        11/5/2025Listed for sale$475,000+5.6%
        Source: MIBOR as distributed by MLS GRID #22071857 Report a problem
        5/28/2025Listing removed$450,000
        Source: MIBOR as distributed by MLS GRID #22019346 Report a problem
        1/27/2025Listed for sale$450,000-53.1%
        Source: MIBOR as distributed by MLS GRID #22019346 Report a problem
        12/11/2023Listing removed--
        Source: MIBOR as distributed by MLS GRID #21945519 Report a problem
        9/27/2023Listed for sale$959,999+1180%
        Source: MIBOR as distributed by MLS GRID #21945519 Report a problem
        9/18/2023Sold$75,000-25%
        Source: MIBOR as distributed by MLS GRID #21925610 Report a problem
        9/7/2023Pending sale$100,000
        Source: MIBOR as distributed by MLS GRID #21925610 Report a problem
        6/30/2023Listed for sale$100,000
        Source: MIBOR as distributed by MLS GRID #21925610 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2015$205 +4%$9,500
        2014$198 -7.3%$9,500
        2013$213 $9,500
        2012$213 -62.6%$9,500 -65.3%
        2011$570 -2.5%$27,400
        2010$584 +142.1%$27,400 +201.1%
        2006$241 -25.4%$9,100
        2005$323 +3.5%$9,100
        2004$312 $9,100
        2003-- $9,100

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Fairgrounds

        Getting around

        38 / 100
        Car-Dependent
        38 / 100
        Some Transit
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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