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  • $125,000

    4601 Fletcher Ave, Indianapolis, IN 46203

    4beds
    2baths
    --sqft
    Multi Family, Duplex
    Built in 1945
    -- sqft lot
    $145,300 Zestimate®
    $--/sqft
    $1,001 Estimated rent

    Home value

    $145,300

    $131,000 - $161,000

    $1,001/mo

    Zestimate® history
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    Rent Zestimate®

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    $628/mo

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    $628/mo

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    What's special

    INVESTOR ALERT! Welcome to your next turnkey investment opportunity in Indianapolis - a lovely remodeled ranch duplex in the popular Christian Park neighborhood! Located in the heart of Indy's near Eastside, this duplex is strategically situated for convenience and growth. It's an excellent location with tons of development happening in the area and less than a 10-minute drive into downtown. The property has undergone cosmetic renovations on both sides over the past two years (flooring, cabinets, paint, etc). Both units are identical, each featuring 2 bedrooms/1 bathroom, 528sq ft. Both are currently occupied, ensuring immediate income for the savvy investor. Rents are $710 and $870 per month ($1580 gross). Unit 4601's lease runs through August 2025, and 4603's is up in May 2025. Tenants pay for electricity, and the owner pays for water/sewer/trash. Fantastic location within walking distance to the park and school, and within minutes of shopping, dining, transportation, downtown Indy, and more! Due to the central location, this property offers a desirable lifestyle for tenants, ensuring strong demand and occupancy rates. Don't miss out on this prime opportunity to secure steady returns in a flourishing area!

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Peter Stewart 317-450-9202,

    Keller Williams Indpls Metro N

    Bought with:

    Jeffrey Howell

    F.C. Tucker Company

    Source: MIBOR as distributed by MLS GRID,MLS#: 21996513MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Main level bathrooms: 4
    Heating
    • Baseboard
    Cooling
    • None
    Appliances
    • Laundry: Connections All
    Features
    • Has basement: No

    Property

    Parking
    • Details: Unit Parking(On Street)
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 4,791 sqft
    • Features: Corner Lot
    Details
    • Parcel number: 491009131008000101

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family, Duplex
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    • Roof: Asphalt
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1945

    Community & neighborhood

    Security
    • Security features: Smoke Alarm
    Location
    • Region: Indianapolis
    • Subdivision: Bruce Zeager

    Price history

    DateEventPrice
    9/16/2024Sold$125,000+5%
    Source: MIBOR as distributed by MLS GRID #21996513 Report a problem
    8/20/2024Pending sale$119,000
    Source: MIBOR as distributed by MLS GRID #21996513 Report a problem
    8/16/2024Listed for sale$119,000+32.2%
    Source: MIBOR as distributed by MLS GRID #21996513 Report a problem
    7/6/2024Listing removed--
    Source: Zillow Rentals Report a problem
    6/19/2024Price change$650-14.5%
    Source: Zillow Rentals Report a problem
    5/30/2024Price change$760-5%
    Source: Zillow Rentals Report a problem
    2/16/2024Price change$800-5.9%
    Source: Zillow Rentals Report a problem
    1/19/2024Price change$850+6.3%
    Source: Zillow Rentals Report a problem
    11/29/2023Listed for rent$800+6.7%
    Source: Zillow Rentals Report a problem
    12/6/2021Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    10/16/2021Listed for rent$750+37.6%
    Source: Zillow Rental Network Premium Report a problem
    10/7/2021Sold$90,000-10%
    Source: MIBOR as distributed by MLS GRID #21787597 Report a problem
    8/30/2021Pending sale$99,999
    Source: MIBOR as distributed by MLS GRID #21787597 Report a problem
    5/25/2021Listed for sale$99,999+61.3%
    Source: MIBOR as distributed by MLS GRID #21787597 Report a problem
    3/21/2020Listing removed$545
    Source: EVERGROW Property Management Report a problem
    1/21/2020Price change$545-5.2%
    Source: Zillow Rental Network Report a problem
    12/4/2019Listed for rent$575+15%
    Source: Zillow Rental Network Report a problem
    9/29/2018Listing removed$500
    Source: Indianapolis Property Management Inc Report a problem
    9/13/2018Price change$500-16.7%
    Source: Zillow Rental Network Report a problem
    7/26/2018Listed for rent$600
    Source: Zillow Rental Network Report a problem
    4/18/2017Sold$62,000+463.6%
    Source: Public Record Report a problem
    12/12/2016Sold$11,000-45%
    Source: Agent Provided Report a problem
    8/3/2009Sold$20,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$855 -41.6%$121,300 +96.6%
    2024$1,464 +0.5%$61,700
    2023$1,457 +30.2%$61,700
    2022$1,119 +16.1%$61,700 +27.2%
    2021$963 -1%$48,500 +16.6%
    2020$973 +10.9%$41,600 +1%
    2019$877 -33.8%$41,200 +12%
    2018$1,324 -0.7%$36,800 +52.1%
    2017$1,333 +129.3%$24,200
    2016$581 +0.7%$24,200 -9.4%
    2014$577 -4.4%$26,700
    2013$604 $26,700
    2012$604 $26,700 -1.1%
    2011-- $27,000
    2010$566 -2.3%$27,000
    2009$580 $27,000 -5.9%
    2007-- $28,700

    Find assessor info on the county website

    Neighborhood: Christian Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $145,300
    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
    $145,300