Great duplex investment opportunity on Indy's East side! Fully occupied duplex. Property is ideal for an investor looking to add to their portfolio. Both sides feature 1 bed and 1 bath. 427 unit rents for $625/mo and 429 unit rents for $650/mo. Owner pays water/sewer/mowing. Room sizes are approximate.
Sold
$129,900
427 N Gladstone Ave, Indianapolis, IN 46201
2beds
2baths
--sqft
Multi Family, Duplex
Built in 1929
-- sqft lot
$140,400 Zestimate®
$--/sqft
$919 Estimated rent
Home value
$140,400
$128,000 - $154,000
$919/mo
Zestimate® history
Owner options
List your home for rent
$919/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$919/mo
Rent Zestimate®
Refinance and save
$867/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$867/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Denise LaChance 530-200-9903,
Keller Williams Indy Metro S
Bought with:
Amanda Shafer
F.C. Tucker Company
Parge June
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 21936141
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Forced Air
Cooling
- None
Features
- Has basement: Yes
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 5,662 Square Feet
Details
- Parcel number: 491004119272000101
- Zoning: ZO01
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1929
Community & HOA
Community
- Subdivision: Tuxedo Park
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $129,500
- Annual tax amount: $2,400
- Date on market: 8/4/2023
- Cumulative days on market: 12 days
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2025 | Listing removed | $150,000 |
Source:  MIBOR as distributed by MLS GRID #22033106 Report a problem | ||
| 4/16/2025 | Listed for sale | $150,000 |
Source: MIBOR as distributed by MLS GRID #22033106 Report a problem | ||
| 4/14/2025 | Listing removed | $150,000 |
Source: MIBOR as distributed by MLS GRID #22017307 Report a problem | ||
| 2/20/2025 | Price change | $150,000-3.2% |
Source: MIBOR as distributed by MLS GRID #22017307 Report a problem | ||
| 1/9/2025 | Listed for sale | $155,000+19.3% |
Source: MIBOR as distributed by MLS GRID #22017307 Report a problem | ||
| 9/13/2023 | Sold | $129,900 |
Source: MIBOR as distributed by MLS GRID #21936141 Report a problem | ||
| 8/15/2023 | Pending sale | $129,900 |
Source: MIBOR as distributed by MLS GRID #21936141 Report a problem | ||
| 8/4/2023 | Listed for sale | $129,900+106.2% |
Source: MIBOR as distributed by MLS GRID #21936141 Report a problem | ||
| 10/1/2020 | Sold | $63,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,116 +25.2% | $129,500 -1.4% |
| 2024 | $2,488 +3.6% | $131,300 +25.2% |
| 2023 | $2,401 +46.4% | $104,900 +3.1% |
| 2022 | $1,640 +0.6% | $101,700 +43% |
| 2021 | $1,630 +70.9% | $71,100 +1% |
| 2020 | $954 -39.3% | $70,400 +2% |
| 2019 | $1,572 +16% | $69,000 +4.5% |
| 2018 | $1,355 +7.7% | $66,000 +8.6% |
| 2017 | $1,258 +78.5% | $60,800 +9.7% |
| 2016 | $705 -7.9% | $55,400 +5.3% |
| 2014 | $765 -47.4% | $52,600 -4% |
| 2013 | $1,454 | $54,800 -15.2% |
| 2012 | $1,454 | $64,600 +18.3% |
| 2011 | -- | $54,600 |
| 2010 | $1,140 -2.4% | $54,600 |
| 2009 | $1,168 | $54,600 +115.8% |
| 2007 | -- | $25,300 |
Find assessor info on the county website
Neighborhood: Near Eastside
Nearby homes
- $--1 bd1 ba784 sqft427 N Gladstone Ave #427, Indianapolis, IN 46201Off Market
- $138,2003 bd2 ba1.5k sqft431 N Gladstone Ave, Indianapolis, IN 46201Off Market
- $125,5005 bd1 ba1.7k sqft421 N Gladstone Ave, Indianapolis, IN 46201Off Market
- $104,8001 bd1 ba600 sqft429 N Gladstone Ave, Indianapolis, IN 46201Off Market
- $75,0003 bd2 ba1.8k sqft435 N Gladstone Ave, Indianapolis, IN 46201Sold
- $1,5003 bd2 ba1.5k sqft417 N Gladstone Ave, Indianapolis, IN 46201For Rent
- $--3 bd1 ba1.3k sqft440 N Gladstone Ave, Indianapolis, IN 46201Off Market
- $111,1003 bd-- ba1.2k sqft441 N Gladstone Ave, Indianapolis, IN 46201Off Market
Nearby schools
GreatSchools rating
- 3/10Ralph Waldo Emerson School 58Grades: PK-5Distance: 0.2 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 3.1 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Ralph Waldo Emerson School 58
- Middle: Arlington Community Middle School
- High: Arsenal Technical High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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
$140,400
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
$140,400
- Indiana
- Marion County
- Indianapolis
- 46201
- Near Eastside
- 427 N Gladstone Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Indianapolis Topics
