This is the perfect investment opportunity for you! PROPERTY HAS POTENTIAL TO MAKE $3,600/MO IN GROSS RENTS. This fully updated home, currently configured as a duplex, is a rare find on a quiet dead-end street with minimal road noise. The upstairs unit features 2 spacious bedrooms, 1 modern bathroom, and an open-concept living area with updated finishes throughout. The finished basement apartment offers 1 bedroom, 1 bathroom, a cozy living space, and its own private entrance, providing flexibility for tenants or guests. Both units are successfully operating as mid-term rentals and come fully furnished with everything needed to continue generating consistent cash flow immediately. The property's layout allows for an easy conversion back into a single-family home, making it an excellent option for investors or homeowners seeking long-term versatility. Close to everything Indy has to offer, this property combines charm, modern upgrades, and incredible income potential. Schedule your showing today to see all the possibilities this property has to offer!
Sold
$260,000
5114 Hillside Ave, Indianapolis, IN 46205
3beds
1,768sqft
Residential, Single Family Residence
Built in 1950
5,662 Square Feet Lot
$262,700 Zestimate®
$147/sqft
$1,973 Estimated rent
Home value
$262,700
$242,000 - $286,000
$1,973/mo
Zestimate® history
Owner options
List your home for rent
$1,973/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,973/mo
Rent Zestimate®
Refinance and save
$1,631/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,631/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
KiKi Chase 317-879-6666,
Ferris Property Group
Bought with:
Adam Oldham
eXp Realty, LLC
Source: MIBOR as distributed by MLS GRID,MLS#: 22012485
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Features: Vinyl Plank
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 2
- Features: Vinyl Plank
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Bedroom 3
- Features: Vinyl Plank
- Level: Basement
- Area: 192 Square Feet
- Dimensions: 16x12
Kitchen
- Features: Vinyl Plank
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Living room
- Features: Vinyl Plank
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10x12
Heating
- Forced Air
Appliances
- Included: Dishwasher, Electric Oven, Refrigerator
Features
- Windows: Windows Vinyl
- Has basement: Yes
Interior area
- Total structure area: 1,768
- Total interior livable area: 1,768 sqft
- Finished area below ground: 442
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 5,662 Square Feet
Details
- Parcel number: 490707132013000801
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Aluminum Siding
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Water: Municipal/City
- Utilities for property: Electricity Connected, Water Connected
Community & HOA
Community
- Subdivision: A L Wrights
HOA
- Has HOA: No
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $147/sqft
- Tax assessed value: $236,600
- Annual tax amount: $4,772
- Date on market: 11/21/2024
- Cumulative days on market: 161 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2025 | Sold | $260,000-5.4%$147/sqft |
Source:  MIBOR as distributed by MLS GRID #22012485 Report a problem | ||
| 4/28/2025 | Pending sale | $274,900$155/sqft |
Source: MIBOR as distributed by MLS GRID #22012485 Report a problem | ||
| 4/1/2025 | Price change | $274,900-3.5%$155/sqft |
Source: MIBOR as distributed by MLS GRID #22012485 Report a problem | ||
| 3/11/2025 | Price change | $284,900-1.4%$161/sqft |
Source: MIBOR as distributed by MLS GRID #22012485 Report a problem | ||
| 2/11/2025 | Price change | $289,000-2%$163/sqft |
Source: MIBOR as distributed by MLS GRID #22012485 Report a problem | ||
| 1/6/2025 | Price change | $294,900-1.7%$167/sqft |
Source: MIBOR as distributed by MLS GRID #22012485 Report a problem | ||
| 11/21/2024 | Listed for sale | $299,900+36.3%$170/sqft |
Source: MIBOR as distributed by MLS GRID #22012485 Report a problem | ||
| 10/1/2024 | Listing removed | $1,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/16/2024 | Price change | $1,800-5.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/10/2024 | Listed for rent | $1,900-5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/6/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/25/2023 | Listed for rent | $2,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/6/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/22/2023 | Listed for rent | $2,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/23/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/19/2023 | Listed for rent | $2,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/1/2022 | Sold | $220,000-8.3%$124/sqft |
Source: MIBOR as distributed by MLS GRID #21876659 Report a problem | ||
| 11/23/2022 | Pending sale | $239,900$136/sqft |
Source: MIBOR as distributed by MLS GRID #21876659 Report a problem | ||
| 8/30/2022 | Price change | $239,900-4%$136/sqft |
Source: MIBOR as distributed by MLS GRID #21876659 Report a problem | ||
| 8/16/2022 | Price change | $249,900-3.8%$141/sqft |
Source: MIBOR as distributed by MLS GRID #21876659 Report a problem | ||
| 8/11/2022 | Listed for sale | $259,900+33.3%$147/sqft |
Source: MIBOR as distributed by MLS GRID #21876659 Report a problem | ||
| 7/10/2020 | Sold | $195,000+0.1%$110/sqft |
Source: MIBOR as distributed by MLS GRID #21705260 Report a problem | ||
| 5/26/2020 | Pending sale | $194,900$110/sqft |
Source: Coronel Realty Group #21705260 Report a problem | ||
| 5/21/2020 | Price change | $194,900-4.9%$110/sqft |
Source: Coronel Realty Group #21705260 Report a problem | ||
| 5/14/2020 | Price change | $204,900-4.7%$116/sqft |
Source: Coronel Realty Group #21705260 Report a problem | ||
| 5/8/2020 | Listed for sale | $214,900$122/sqft |
Source: Coronel Realty Group #21705260 Report a problem | ||
| 4/29/2020 | Pending sale | $214,900+138.8%$122/sqft |
Source: Coronel Realty Group #21705260 Report a problem | ||
| 9/19/2019 | Sold | $90,000$51/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,734 -0.8% | $236,600 +18.6% |
| 2024 | $4,773 +74% | $199,500 |
| 2023 | $2,744 +4.1% | $199,500 -7.4% |
| 2022 | $2,635 +98.4% | $215,400 +3% |
| 2021 | $1,329 +154.2% | $209,100 +77.4% |
| 2020 | $523 +2% | $117,900 +5.1% |
| 2019 | $512 -4.1% | $112,200 +2.8% |
| 2018 | $534 -3.4% | $109,100 +3.5% |
| 2017 | $553 +12.8% | $105,400 +11.1% |
| 2016 | $490 +2% | $94,900 -8.7% |
| 2014 | $481 +4% | $103,900 |
| 2013 | $462 | $103,900 +0.9% |
| 2012 | $462 | $103,000 +9.6% |
| 2011 | -- | $94,000 -26.7% |
| 2010 | $444 +3.2% | $128,300 -2.9% |
| 2009 | $430 | $132,100 +59.7% |
| 2007 | -- | $82,700 -22.1% |
| 2006 | -- | $106,200 +58% |
| 2005 | -- | $67,200 |
| 2004 | -- | $67,200 |
| 2003 | -- | $67,200 +158.5% |
| 2002 | -- | $26,000 +200.2% |
| 2001 | -- | $8,660 |
| 2000 | -- | $8,660 |
Find assessor info on the county website
Neighborhood: Fairgrounds
Nearby homes
- $182,7002 bd1 ba1.7k sqft5118 Hillside Ave, Indianapolis, IN 46220Off Market
- $224,6002 bd1 ba1.7k sqft5118 Hillside Ave, Indianapolis, IN 46205Off Market
- $229,0002 bd-- ba884 sqft5110 Hillside Ave, Indianapolis, IN 46205Off Market
- $194,0003 bd1 ba1.7k sqft5110 N Hillside Ave, Indianapolis, IN 46205Off Market
- $217,9002 bd2 ba1.7k sqft5122 Hillside Ave, Indianapolis, IN 46205Off Market
- $196,9002 bd1 ba864 sqft5106 Hillside Ave, Indianapolis, IN 46205Off Market
- $230,0002 bd1 ba1.7k sqft5126 Hillside Ave, Indianapolis, IN 46205Sold
- $162,2002 bd1 ba1.7k sqft5126 N Hillside Ave, Indianapolis, IN 46205Off Market
Nearby schools
GreatSchools rating
- 6/10Rousseau McClellan School 91Grades: PK-5Distance: 0.1 mi
- NABroad Ripple Middle School - An IB World SchoolGrades: 6-8Distance: 1.7 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 2.5 mi
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
$262,700
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
$262,700
- Indiana
- Marion County
- Indianapolis
- 46205
- Fairgrounds
- 5114 Hillside Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Indianapolis Topics
