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Sold
    • $205,000

    4260 Norwaldo Ave, Indianapolis, IN 46205

    --beds
    --baths
    --sqft
    Multi Family, Duplex
    Built in 1945
    -- sqft lot
    $215,900 Zestimate®
    $--/sqft
    $1,035 Estimated rent

    Home value

    $215,900

    $196,000 - $237,000

    $1,035/mo

    Zestimate® history
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    $1,341/mo

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    $1,341/mo

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    What's special

    Welcome to this awesome duplex opportunity located near SoBro! This property can be used by an owner occupant to live in one side and rent out the other or for an investor looking to add to their portfolio. Current tenant is moving and is paying $765/month. Market rents are $1,250/per side Section 8 rents are $1,350/per side. Updates include a new water heater on 4260 was replaced in 2023 and new floors were installed in 2020. Water heater on 4262 replaced in 2021, floors replaced 2023, furnace 2024, and exterior paint in 2024. The left unit is currently occupied and will be vacant by closing. Invite friends over and walk to Indy Fuel Games or summer nights at the State Fair. Easy access to all of Indy on Fall Creek, Keystone or Binford.

    Zillow last checked:

    Listing updated:

    Listed by:

    Hayley Wild 317-405-7915,

    Compass Indiana, LLC

    Bought with:

    Logan Sanford

    Real Broker, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22010141MLS Logo

    Facts & features

    Interior

    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Laundry: Connections All
    Features
    • Has basement: Yes

    Property

    Parking
    • Total spaces: 1
    • Details: Unit Parking(1 Car Garage, Parking Garage)
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 0.25 Acres
    • Features: Access, Busline
    Details
    • Parcel number: 490718106023000801

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family, Duplex
    Materials
    • Block
    Condition
    • New construction: No
    • Year built: 1945

    Community & HOA

    Community
    • Subdivision: Montrose
    Location
    • Region: Indianapolis

    Financial & listing details

    • Tax assessed value: $198,800
    • Annual tax amount: $3,237
    • Date on market: 11/7/2024
    • Cumulative days on market: 2 days

    Price history

    DateEventPrice
    9/29/2025Listing removed$975
    Source: MIBOR as distributed by MLS GRID #22045606 Report a problem
    9/8/2025Price change$975-13.3%
    Source: MIBOR as distributed by MLS GRID #22045606 Report a problem
    7/31/2025Price change$1,125-6.3%
    Source: MIBOR as distributed by MLS GRID #22045606 Report a problem
    6/17/2025Listed for rent$1,200+41.2%
    Source: MIBOR as distributed by MLS GRID #22045606 Report a problem
    12/5/2024Sold$205,000+2.6%
    Source: MIBOR as distributed by MLS GRID #22010141 Report a problem
    11/10/2024Pending sale$199,900
    Source: MIBOR as distributed by MLS GRID #22010141 Report a problem
    11/7/2024Listed for sale$199,900+263.5%
    Source: MIBOR as distributed by MLS GRID #22010141 Report a problem
    12/10/2020Listing removed$850
    Source: Go Section8 Report a problem
    11/3/2020Listed for rent$850+41.7%
    Source: Go Section8 Report a problem
    12/17/2015Listing removed$600
    Source: Go Section8 Report a problem
    11/5/2015Listed for rent$600
    Source: Go Section8 Report a problem
    6/20/2014Listing removed$600
    Source: Go Section8 Report a problem
    5/30/2014Listed for rent$600
    Source: Go Section8 Report a problem
    7/3/2012Listing removed$55,000
    Source: ERA Real Estate Links #21162132 Report a problem
    2/23/2012Listed for sale$55,000
    Source: ERA Real Estate Links #21162132 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,225 -0.4%$198,800 +46.3%
    2024$3,238 +17.6%$135,900 -0.4%
    2023$2,753 +32%$136,500 +17.1%
    2022$2,085 +13.9%$116,600 +29%
    2021$1,832 +5.6%$90,400 +14.3%
    2020$1,735 +8.4%$79,100 +7.6%
    2019$1,601 -22%$73,500 -25.6%
    2018$2,051 +3.9%$98,800 +5.8%
    2017$1,974 +2.1%$93,400 +5.8%
    2016$1,933 +1.2%$88,300 +0.2%
    2014$1,909 +4.5%$88,100 +4.1%
    2013$1,828 $84,600 +4.2%
    2012$1,828 $81,200 +11.7%
    2011-- $72,700
    2010$1,516 -5.1%$72,700 -2.8%
    2009$1,598 $74,800
    Find assessor info on the county website

    Neighborhood: Fairgrounds

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    Estimated market value
    $215,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $215,900

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