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Sold
  • $425,000

    4521 Norwaldo Ave, Indianapolis, IN 46205

    4beds
    4baths
    --sqft
    Multi Family, Duplex
    Built in 2025
    -- sqft lot
    $416,600 Zestimate®
    $--/sqft
    $1,469 Estimated rent

    Home value

    $416,600

    $396,000 - $437,000

    $1,469/mo

    Zestimate® history
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    $1,469/mo

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    Rent Zestimate®

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    $2,628/mo

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    $2,628/mo

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    What's special

    Modern styleOpen-concept layoutsSleek granite countertopsAdditional off-street parkingSoaring vaulted ceilingsStainless steel appliances
    Welcome to 4521 Norwaldo Ave, a stunning new construction duplex in the heart of Indianapolis' vibrant SoBro neighborhood! This turn-key investment property is a dream come true for savvy investors and house hackers alike, offering modern style, strong cash flow, and unbeatable location less than 1 block from one of the neighborhoods hottest coffee shops: GoldLeaf Savory & Sweet. Each of the two spacious units features 2 bedrooms, 1.5 baths, and open-concept layouts designed for today's lifestyle, complete with soaring vaulted ceilings, luxury vinyl plank flooring, sleek granite countertops, and stainless steel appliances. With market rents projected at $1,800-$2,000 per month per unit, this duplex promises exceptional income potential. Parking is a breeze with convenient gravel spaces with alley access and additional off-street parking. Nestled in the thriving SoBro area, you're just steps away from trendy dining, lively nightlife, and urban amenities. Plus, a builder warranty ensures worry-free ownership. Whether you're looking to rent both units for maximum returns or live in one while renting the other to offset your mortgage, this property is your chance to own a piece of one of Indy's hottest neighborhoods. Don't miss out-schedule your tour today and discover why 4521 Norwaldo Ave is the investment opportunity you've been waiting for!

    Zillow last checked:

    Listing updated:

    Listed by:

    Zachary Douglas 317-522-7238,

    Canull Group LLC

    Bought with:

    Phillip Corrona

    Fathom Realty

    Source: MIBOR as distributed by MLS GRID,MLS#: 22069813MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Electric, Forced Air
    Cooling
    • Central Air
    Appliances
    • Laundry: Laundry Closet
    Features
    • Has basement: No

    Property

    Parking
    • Parking features: Alley Access
    • Details: Unit Parking(On Street, Unpaved)
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Lighting
    Lot
    • Size: 6,098 Square Feet
    Details
    • Parcel number: 490718103682009801

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    • Foundation: Block
    • Roof: Asphalt
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2025
    Details
    • Builder name: Paradigm Constr

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Montrose
    Location
    • Region: Indianapolis

    Financial & listing details

    • Tax assessed value: $14,200
    • Annual tax amount: $336
    • Date on market: 10/23/2025
    • Cumulative days on market: 83 days

    Price history

    DateEventPrice
    2/19/2026Sold$425,000
    Source: MIBOR as distributed by MLS GRID #22069813 Report a problem
    1/13/2026Pending sale$425,000
    Source: MIBOR as distributed by MLS GRID #22069813 Report a problem
    11/29/2025Price change$425,000-5.6%
    Source: MIBOR as distributed by MLS GRID #22069813 Report a problem
    11/3/2025Price change$450,000-5.3%
    Source: MIBOR as distributed by MLS GRID #22069813 Report a problem
    10/23/2025Listed for sale$475,000+5.6%
    Source: MIBOR as distributed by MLS GRID #22069813 Report a problem
    5/28/2025Listing removed$450,000
    Source: MIBOR as distributed by MLS GRID #22019348 Report a problem
    1/27/2025Listed for sale$450,000
    Source: MIBOR as distributed by MLS GRID #22019348 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$337 $14,200
    2024-- $14,200
    Find assessor info on the county website

    Neighborhood: Fairgrounds

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $416,600
    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
    $416,600