Fully occupied, income producing, recently renovated, well-kept SoBro duplex, sitting on a corner double lot... That spells opportunity! With 140 feet of frontage on 43rd St, the potential to expand with more doors is easy to see. The roof, as well as both water heaters, furnaces, and AC's have all been replaced in the last 2-3 years, so expect no major expenses in the foreseeable future. Whether taking an aggressive approach, or just sitting back and collecting the established rent, this property will start paying you back on day one.
Pending
Price cut: $6K (5/29)
$259,000
4304 Norwaldo Ave, Indianapolis, IN 46205
4beds
3baths
--sqft
Multi Family, Duplex
Built in 1945
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Corner double lotRecently renovated
- 67 days |
- 30 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Nino Berticelli 317-331-4165,
eXp Realty, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22101009
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Appliances
- Laundry: Other
Features
- Has basement: Yes
Property
Parking
- Details: Unit Parking(Other)
Features
- Levels: One
- Stories: 1
- Fencing: Fenced,Fence Complete
Lot
- Size: 0.26 Acres
Details
- Parcel number: 490718106040000801
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family, Duplex
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1945
Community & HOA
Community
- Subdivision: Montrose
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $236,900
- Annual tax amount: $3,770
- Date on market: 5/9/2026
- Cumulative days on market: 69 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Pending sale | $259,000 |
Source:  MIBOR as distributed by MLS GRID #22101009 Report a problem | ||
| 5/29/2026 | Price change | $259,000-2.3% |
Source: MIBOR as distributed by MLS GRID #22101009 Report a problem | ||
| 5/9/2026 | Listed for sale | $265,000+8.2% |
Source: MIBOR as distributed by MLS GRID #22101009 Report a problem | ||
| 4/26/2024 | Sold | $245,000+113% |
Source: Public Record Report a problem | ||
| 12/7/2023 | Sold | $115,000+351% |
Source: Public Record Report a problem | ||
| 2/8/2007 | Sold | $25,500 |
Source: MIBOR as distributed by MLS GRID #2670036 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,771 +0% | $236,900 +49.1% |
| 2024 | $3,769 +16.7% | $158,900 |
| 2023 | $3,230 +30.8% | $158,900 +16.2% |
| 2022 | $2,468 +14.1% | $136,800 +27.9% |
| 2021 | $2,163 +5.5% | $107,000 +14.6% |
| 2020 | $2,049 +1.4% | $93,400 +7.6% |
| 2019 | $2,020 +15.2% | $86,800 +2.4% |
| 2018 | $1,754 -31.9% | $84,800 +6.5% |
| 2017 | $2,577 +56.9% | $79,600 +5.6% |
| 2016 | $1,643 +1.3% | $75,400 +0.5% |
| 2014 | $1,622 +59.6% | $75,000 +3.6% |
| 2013 | $1,016 | $72,400 +4% |
| 2012 | $1,016 | $69,600 +18.2% |
| 2011 | -- | $58,900 |
| 2010 | $776 -1.1% | $58,900 -2.6% |
| 2009 | $784 | $60,500 |
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: Fairgrounds
Nearby schools
GreatSchools rating
- 6/10Rousseau McClellan School 91Grades: PK-5Distance: 0.8 mi
- NAJoyce Kilmer School 69Grades: 6Distance: 1.2 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 1.8 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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