Located near the heart of downtown Indianapolis, this property presents a great opportunity to see your vision come to fruition. Previously zoned into condo units, this property is being sold as two condo units together. Priced accordingly due to fire damage to property. Full renovation needed throughout. Located in an area with red hot activity, value add ability, rising rents, and huge upside. This is great value in burgeoning Near East location!
Sold
$50,000
432 N Hamilton Ave, Indianapolis, IN 46201
3beds
1baths
--sqft
Multi Family, Duplex, Apartment
Built in 1899
-- sqft lot
$170,500 Zestimate®
$--/sqft
$1,084 Estimated rent
Home value
$170,500
$123,000 - $230,000
$1,084/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Chris Price 317-225-5507,
Keller Williams Indy Metro S
Bought with:
Douglas Martin
Compass Indiana, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22031755
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Main level bathrooms: 6
Heating
- None
Cooling
- None
Appliances
- Laundry: In Basement
Features
- Basement: Unfinished
Property
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: City, Downtown, Neighborhood, Skyline, Trees/Woods
Lot
- Size: 5,227 Square Feet
- Features: Access, City Lot, Curbs, Not In Subdivision, Sidewalks, Storm Sewer, Street Lights, Mature Trees, Trees-Small (Under 20 Ft), See Remarks, Other
Details
- Additional parcels included: 491006106240.000101
- Parcel number: 491006106240001101
- Special conditions: As Is,Corporate Owned,Fixer Upper,Sales Disclosure Not Required
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Craftsman,Traditional
- Property subtype: Multi Family, Duplex, Apartment
- Attached to another structure: Yes
Materials
- Block, Vinyl Siding
- Foundation: Block
- Roof: Asphalt
Condition
- Fixer
- New construction: No
- Year built: 1899
Community & HOA
Community
- Subdivision: No Subdivision
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $158,400
- Annual tax amount: $3,928
- Date on market: 4/10/2025
- Cumulative days on market: 79 days
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2025 | Sold | $50,000-13.5% |
Source:  MIBOR as distributed by MLS GRID #22031755 Report a problem | ||
| 6/27/2025 | Pending sale | $57,800 |
Source: MIBOR as distributed by MLS GRID #22031755 Report a problem | ||
| 5/9/2025 | Price change | $57,800-53.8% |
Source: MIBOR as distributed by MLS GRID #22031755 Report a problem | ||
| 4/21/2025 | Price change | $125,000+100% |
Source: MIBOR as distributed by MLS GRID #22031755 Report a problem | ||
| 4/10/2025 | Listed for sale | $62,500 |
Source: MIBOR as distributed by MLS GRID #22031755 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,271 +9.7% | $158,400 -12% |
| 2024 | $3,895 +6.2% | $180,000 +9.6% |
| 2023 | $3,669 | $164,200 +5.7% |
| 2022 | -- | $155,400 |
Find assessor info on the county website
Neighborhood: Near Eastside
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Nearby schools
GreatSchools rating
- 4/10Theodore Potter School 74Grades: K-5Distance: 0.6 mi
- 4/10Francis W. Parker School 56Grades: PK-8Distance: 2 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Washington Irving Neighborhood School
- Middle: H L Harshman 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.
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Estimated market value
$170,500
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
$170,500
- Indiana
- Marion County
- Indianapolis
- 46201
- Near Eastside
- 432 N Hamilton Ave
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