Incredible turnkey investment opportunity in the heart of Near Eastside! This entire residential multi-family building features both units 90/95% remodeled this year (2026), offering a seamless addition to your portfolio. Structurally sound with a historical 1910 character and an effective modern design, the property is split into two optimized units. Each side delivers an expansive 3-bedroom, 2-full bathroom floor plan, featuring a spacious front living area, a functional modern kitchen, and a primary bedroom situated quietly in the back on the first floor. Capitalize on strong rental demand with updated interiors, modern flooring, and an easy-access frontage road lot layout. Perfect for a savvy landlord looking for cash flow or an owner-occupant wanting a house-hack setup with little work left to complete. Don't miss out on this double-income generating asset!
Active
Price cut: $15K (7/14)
$210,000
425 N Grant Ave, Indianapolis, IN 46201
3beds
2baths
--sqft
Multi Family, Duplex
Built in 1910
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Modern flooringEffective modern designFunctional modern kitchenUpdated interiors
- 90 days
- 90
- 6
Zillow last checked:
Listing updated:
Listed by:
Patrick McNeill 317-370-9494,
Ask Pat About Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22106977
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Property
Lot
- Size: 6,969 Square Feet
Details
- Parcel number: 491004119467000101
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Condition
- New construction: No
- Year built: 1910
Community & HOA
Community
- Subdivision: No Subdivision
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $76,900
- Annual tax amount: $3,400
- Date on market: 6/9/2026
- Cumulative days on market: 84 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Price change | $210,000-6.7% |
Source:  MIBOR as distributed by MLS GRID #22106977 Report a problem | ||
| 7/1/2026 | Price change | $225,000-2.2% |
Source: MIBOR as distributed by MLS GRID #22106977 Report a problem | ||
| 6/9/2026 | Listed for sale | $230,000+198.7% |
Source: MIBOR as distributed by MLS GRID #22106977 Report a problem | ||
| 6/6/2026 | Listing removed | $1,430 |
Source: Zillow Rentals Report a problem | ||
| 5/15/2026 | Listed for rent | $1,430 |
Source: Zillow Rentals Report a problem | ||
| 1/16/2026 | Sold | $77,000-13.5% |
Source: MIBOR as distributed by MLS GRID #22071312 Report a problem | ||
| 11/25/2025 | Pending sale | $89,000 |
Source: MIBOR as distributed by MLS GRID #22071312 Report a problem | ||
| 11/1/2025 | Listed for sale | $89,000+4.7% |
Source: MIBOR as distributed by MLS GRID #22071312 Report a problem | ||
| 5/23/2025 | Listing removed | $85,000 |
Source: MIBOR as distributed by MLS GRID #22033349 Report a problem | ||
| 4/25/2025 | Price change | $85,000-14.9% |
Source: MIBOR as distributed by MLS GRID #22033349 Report a problem | ||
| 4/17/2025 | Listed for sale | $99,900-41.2% |
Source: MIBOR as distributed by MLS GRID #22033349 Report a problem | ||
| 2/13/2025 | Sold | $170,000+89.1% |
Source: Public Record Report a problem | ||
| 8/15/2023 | Listing removed | -- |
Source: MIBOR as distributed by MLS GRID #21937587 Report a problem | ||
| 8/13/2023 | Listed for sale | $89,900+428.8% |
Source: MIBOR as distributed by MLS GRID #21937587 Report a problem | ||
| 10/19/2017 | Sold | $17,000-31.7% |
Source: MIBOR as distributed by MLS GRID #21492508 Report a problem | ||
| 10/9/2017 | Pending sale | $24,900 |
Source: Ala Carte Realty #21492508 Report a problem | ||
| 9/1/2017 | Price change | $24,900-16.7% |
Source: Ala Carte Realty #21492508 Report a problem | ||
| 7/24/2017 | Price change | $29,900-9.1% |
Source: Ala Carte Realty #21492508 Report a problem | ||
| 6/16/2017 | Listed for sale | $32,900 |
Source: Ala Carte Realty #21492508 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,868 +5.5% | $76,900 -2.3% |
| 2024 | $1,770 | $78,700 +5.5% |
| 2023 | -- | $74,600 +17.3% |
| 2022 | $1,057 +6.4% | $63,600 +38.9% |
| 2021 | $993 +0.4% | $45,800 +6.8% |
| 2020 | $989 +3.5% | $42,900 +2.4% |
| 2019 | $955 +11.6% | $41,900 +4.5% |
| 2018 | $856 -45.7% | $40,100 +7.5% |
| 2017 | $1,576 +124.3% | $37,300 +8.7% |
| 2016 | $703 0% | $34,300 +5.5% |
| 2014 | $703 +17% | $32,500 -4.1% |
| 2013 | $601 | $33,900 -14.4% |
| 2012 | $601 | $39,600 +11.5% |
| 2011 | -- | $35,500 |
| 2010 | $464 +2.3% | $35,500 |
| 2009 | $453 | $35,500 +89.8% |
| 2007 | -- | $18,700 -44.8% |
| 2006 | -- | $33,900 |
| 2005 | -- | $33,900 |
| 2004 | -- | $33,900 |
| 2003 | -- | $33,900 +105.5% |
| 2002 | -- | $16,500 +186.5% |
| 2001 | -- | $5,760 |
| 2000 | -- | $5,760 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Near Eastside
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