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  • $240,000

    450 N Kealing Ave, Indianapolis, IN 46201

    4beds
    4baths
    --sqft
    Multi Family, Duplex
    Built in 1930
    -- sqft lot
    $240,800 Zestimate®
    $--/sqft
    $1,012 Estimated rent

    Home value

    $240,800

    $222,000 - $260,000

    $1,012/mo

    Zestimate® history
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    $1,012/mo

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    Rent Zestimate®

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    $1,582/mo

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    $1,582/mo

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    What's special

    In-unit laundry hook upsFunctional layout
    Income-Producing Duplex - Ideal for Investors or House Hackers! Don't miss this exceptional opportunity to own a well-maintained duplex featuring two spacious 2 bed / 2 bath units. Whether you're an investor seeking strong returns or a buyer looking to offset your mortgage by living in one unit and renting the other, this property checks all the boxes. Unit 450 is currently leased at $1,100 per month until 8/17. Unit 452 is vacant and ready for a new tenant or owner-occupant, having previously rented for $1,325 per month. With a combined gross rental potential of $2,600 per month, this property exceeds the 1% rule, making it a standout investment. Each unit offers a functional layout, full bathrooms, and in-unit laundry hook ups. With one side already cash-flowing and the other move-in ready, this duplex is perfect for a house hacker looking to build equity while reducing living expenses. Add this income-generating property to your portfolio or make it your home with built-in rental income.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Tyler Lingle 317-443-5258,

    @properties,

    Kyle Hoffman,

    @properties

    Bought with:

    Jacob Deacon

    eXp Realty, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22051384MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Appliances
    • Laundry: Other
    Features
    • Has basement: Yes

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached
    • Garage spaces: 2
    • Details: Unit Parking(1 Car Garage)
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 4,791 sqft
    • Features: Sidewalks
    Details
    • Parcel number: 491005123027000101
    • Zoning: C1

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family, Duplex
    • Attached to another structure: Yes
    Materials
    • Aluminum Siding, Vinyl Siding
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1930

    Community & neighborhood

    Location
    • Region: Indianapolis
    • Subdivision: Jennings

    Price history

    DateEventPrice
    9/5/2025Sold$240,000+0%
    Source: MIBOR as distributed by MLS GRID #22051384 Report a problem
    7/30/2025Pending sale$239,900
    Source: MIBOR as distributed by MLS GRID #22051384 Report a problem
    7/17/2025Listed for sale$239,900+40.3%
    Source: MIBOR as distributed by MLS GRID #22051384 Report a problem
    10/20/2023Listing removed--
    Source: Zillow Rentals Report a problem
    10/14/2023Price change$1,100-4.3%
    Source: Zillow Rentals Report a problem
    10/10/2023Listed for rent$1,150+76.9%
    Source: Zillow Rentals Report a problem
    5/5/2023Sold$171,000+1.2%
    Source: MIBOR as distributed by MLS GRID #21913990 Report a problem
    4/13/2023Pending sale$169,000
    Source: MIBOR as distributed by MLS GRID #21913990 Report a problem
    4/7/2023Listed for sale$169,000+69%
    Source: MIBOR as distributed by MLS GRID #21913990 Report a problem
    12/11/2020Sold$100,000-16%
    Source: Public Record Report a problem
    10/10/2020Pending sale$119,000
    Source: Sandcastle Real Estate, LLC #21743871 Report a problem
    10/3/2020Listed for sale$119,000+328.5%
    Source: Sandcastle Real Estate, LLC #21743871 Report a problem
    6/13/2020Listing removed$650
    Source: Sandcastle Real Estate, LLC #21708405 Report a problem
    5/19/2020Price change$650+4%
    Source: Sandcastle Real Estate, LLC #21708405 Report a problem
    5/6/2020Listed for rent$625+13.6%
    Source: Sandcastle Real Estate, LLC #21708405 Report a problem
    1/30/2020Sold$27,774-63%
    Source: Public Record Report a problem
    1/4/2020Pending sale$75,000
    Source: Neu Real Estate Group #21687900 Report a problem
    1/4/2020Listed for sale$75,000+5.6%
    Source: Neu Real Estate Group #21687900 Report a problem
    12/3/2019Listing removed$71,000
    Source: Neu Real Estate Group #21637118 Report a problem
    11/7/2019Listed for sale$71,000
    Source: Neu Real Estate Group #21637118 Report a problem
    9/4/2019Pending sale$71,000
    Source: Neu Real Estate Group #21637118 Report a problem
    8/23/2019Price change$71,000-2.7%
    Source: Neu Real Estate Group #21637118 Report a problem
    6/5/2019Listed for sale$73,000
    Source: Neu Real Estate Group #21637118 Report a problem
    7/19/2018Listing removed$550
    Source: Kline Properties Inc. Report a problem
    7/10/2018Listed for rent$550
    Source: Kline Properties Inc. Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,522 +11.5%$161,900 +9.1%
    2024$3,157 -3.5%$148,400 +11.5%
    2023$3,272 +41.1%$133,100 -4%
    2022$2,318 +86.8%$138,600 +37.9%
    2021$1,241 +6.2%$100,500 +87.5%
    2020$1,169 +3.9%$53,600 +8.3%
    2019$1,124 +6.7%$49,500 +4.9%
    2018$1,053 +6.2%$47,200 +1.3%
    2017$992 +13.5%$46,600 +9.4%
    2016$874 +106.3%$42,600 +17.4%
    2014$424 -52.1%$36,300 -7.4%
    2013$884 $39,200
    2012$884 $39,200 -2%
    2011-- $40,000
    2010$866 -1.8%$40,000
    2009$881 $40,000 +69.5%
    2007-- $23,600

    Find assessor info on the county website

    Neighborhood: Near Eastside

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $240,800
    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
    $240,800