Incredible turnkey investment opportunity in the heart of Near Eastside! This entire residential multi-family building features both units completely and newly remodeled this year (2026), offering a seamless, maintenance-free addition to your portfolio. Structurally sound with a historical 1910 character and an effective modern design, the property is split into two perfectly layout-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 completely updated interiors, modern flooring, pristine updates, and an easy-access frontage road lot layout with minimal maintenance. Perfect for a savvy landlord looking for immediate cash flow or an owner-occupant wanting a premier house-hack setup. Don't miss out on this fully renovated, double-income generating asset!
Active
Price cut: $15K (7/14)
$210,000
425 N Grant Ave, Indianapolis, IN 46201
3beds
2baths
--sqft
:
Get pre-qualified$1,441/mo
Multi Family, Duplex
Built in 1910
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Modern flooringFunctional modern kitchenCompletely updated interiorsPristine updates
- 44 days |
- 97 |
- 7 |
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: $1,868
- Date on market: 6/9/2026
- Cumulative days on market: 45 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
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Near Eastside
Nearby schools
GreatSchools rating
- 3/10Ralph Waldo Emerson School 58Grades: PK-5Distance: 0.3 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 3.1 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 2 mi
- $129,2004 bd2 ba1k sqft423 N Grant Ave, Indianapolis, IN 46201Off Market
- $94,8004,094 Square Feet429 N Grant Ave, Indianapolis, IN 46201Off Market
- $130,5002 bd-- ba822 sqft417 N Grant Ave, Indianapolis, IN 46201Off Market
- $215,0003 bd2 ba2.3k sqft413 N Grant Ave, Indianapolis, IN 46201Sold
- $143,500-- bd-- ba-- sqft419 N Grant Ave, Indianapolis, IN 46201Off Market
- $182,6004 bd2 ba2.5k sqft437 N Grant Ave, Indianapolis, IN 46201Off Market
- $104,600-- bd-- ba1k sqft427 N Grant Ave, Indianapolis, IN 46201Off Market
- $124,8004 bd-- ba1.1k sqft434 N Grant Ave, Indianapolis, IN 46201Off Market
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $210,0003 bd2 ba-- sqft37 S Rural St, Indianapolis, IN 46201Active
MLS ID #22106984, Patrick McNeill, Ask Pat About Real Estate. MIBOR as distributed by MLS GRID - $240,0003 bd4 ba-- sqft15 N Riley Ave, Indianapolis, IN 46201Active
MLS ID #22109490, Evan Wilbrandt, Wilmoth Group. MIBOR as distributed by MLS GRID - $209,9004 bd2 ba2.2k sqft420 N Linwood Ave, Indianapolis, IN 46201Active
MLS ID #22099370, Angela Richardson, F.C. Tucker Company. MIBOR as distributed by MLS GRID - $215,0003 bd1 ba2.4k sqft715 Wallace Ave, Indianapolis, IN 46201Active
MLS ID #22108588, Mitzi Myers, Traditions Realty, LLC. MIBOR as distributed by MLS GRID - $249,5003 bd2 ba2.7k sqft126 N Drexel Ave, Indianapolis, IN 46201ActiveMLS ID #22106353, Juan Cassella, F.C. Tucker Company. MIBOR as distributed by MLS GRID
- $210,0003 bd2 ba-- sqft2356 Columbia Ave, Indianapolis, IN 46205ActiveMLS ID #22111642, Patrick McNeill, Ask Pat About Real Estate. MIBOR as distributed by MLS GRID
- $214,9001 bd1 ba-- sqft1021 N Ewing St, Indianapolis, IN 46201ActiveMLS ID #22103289, Beau Matlock, Matlock Realty Group. MIBOR as distributed by MLS GRID
- $194,0003 bd1 ba-- sqft3025 E Michigan St, Indianapolis, IN 46201ActiveMLS ID #22073951, Banessa Lara, F.C. Tucker Company. MIBOR as distributed by MLS GRID
- $149,0002 bd2 ba-- sqft1402 E Market St, Indianapolis, IN 46201ActiveMLS ID #22114974, Paul Lambie, @properties. MIBOR as distributed by MLS GRID
- $174,9002 bd1 ba2.3k sqft829 N Chester Ave, Indianapolis, IN 46201ActiveMLS ID #22111946, Brian Campbell, BFC Realty Group. MIBOR as distributed by MLS GRID
- $165,0002 bd2 ba-- sqft1444 N Denny St, Indianapolis, IN 46201ActiveMLS ID #22101680, Hilda Ellis, Berkshire Hathaway Home. MIBOR as distributed by MLS GRID
- $184,5003 bd2 ba1.4k sqft2134 Pleasant St, Indianapolis, IN 46203ActiveMLS ID #22100423, Chiquita Watkins, Keller Williams Indy Metro NE. MIBOR as distributed by MLS GRID
- $190,0003 bd2 ba2.5k sqft2702 Caroline Ave, Indianapolis, IN 46218ActiveMLS ID #22109452, Jeffrey Allen, eXp Realty, LLC. MIBOR as distributed by MLS GRID
- $199,0003 bd2 ba1.9k sqft1549 Harlan St, Indianapolis, IN 46203ActiveMLS ID #22096051, James Gilday, eXp Realty, LLC. MIBOR as distributed by MLS GRID
- $194,8994 bd2 ba-- sqft623 Eugene St, Indianapolis, IN 46208ActiveMLS ID #22104873, Gary Beresford, Knight Realty Group. MIBOR as distributed by MLS GRID
- $130,0003 bd2 ba1.9k sqft1518 N Ewing St, Indianapolis, IN 46201For Sale
MLS ID #841686, Keri Hir, Keri Hir. NIRA as distributed by MLS GRID - $214,9003 bd2 ba1k sqft110 Wisconsin St, Indianapolis, IN 46225ActiveMLS ID #22103335, Josh Gosman, Gosman Realty Group. MIBOR as distributed by MLS GRID
- $154,5002 bd1 ba1.1k sqft3526 E Vermont St, Indianapolis, IN 46201ActiveMLS ID #22104546, Fletcher Daly, New Quantum Realty Group. MIBOR as distributed by MLS GRID
- $199,9004 bd3 ba2k sqft3705 Adams St, Indianapolis, IN 46218ActiveMLS ID #22108664, Devan Lunceford, Totalis Real Estate Solutions. MIBOR as distributed by MLS GRID
- $218,5002 bd1 ba1k sqft3819 S Olney St, Indianapolis, IN 46237ActiveMLS ID #22107213, Channing Russell, Russell Real Estate, LLC. MIBOR as distributed by MLS GRID
