Spacious duplex with 3 bedrooms and 1 bath on each side. Ideal for investors or owner-occupants, this property is ready for updates and improvements to unlock its full potential. Live in one unit and rent out the other, or lease both for consistent income. Strong rental demand in the area makes this a great option for those seeking cash flow with value-add upside. This property is in an auction, being sold as-is and where-is. Visit Auction dot com for all details and to place a bid.
Sold
$75,000
513 N Colorado Ave, Indianapolis, IN 46201
6beds
2baths
--sqft
Multi Family, Duplex
Built in 1920
-- sqft lot
$75,800 Zestimate®
$--/sqft
$1,463 Estimated rent
Home value
$75,800
$70,000 - $81,000
$1,463/mo
Zestimate® history
Owner options
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$1,463/mo
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$1,463/mo
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$377/mo
Est. payment
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$377/mo
Est. payment
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Spacious duplex
Zillow last checked:
Listing updated:
Listing Provided by:
Jim Abner 317-716-5044,
eXp Realty, LLC,
Mario Robleto 317-339-6290,
eXp Realty, LLC
Bought with:
Patrick Bragg
F.C. Tucker Company
Source: MIBOR as distributed by MLS GRID,MLS#: 22062400
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
Appliances
- Laundry: Connections All
Features
- Has basement: Yes
Property
Parking
- Total spaces: 2
- Details: Unit Parking(On Street, 2 Car Space)
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,791 sqft
- Features: Sidewalks
Details
- Parcel number: 491004145147000101
- Special conditions: As Is,Corporate Owned,Auction
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Craftsman
- Property subtype: Multi Family, Duplex
- Attached to another structure: Yes
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1920
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Indianapolis
- Subdivision: Chas E Reynolds North Tuxedo Add
Price history
| Date | Event | Price |
|---|---|---|
| 12/17/2025 | Sold | $75,000-84.4% |
Source:  MIBOR as distributed by MLS GRID #22062400 Report a problem | ||
| 2/1/2022 | Sold | $480,000+190.9% |
Source: Public Record Report a problem | ||
| 10/30/2021 | Pending sale | $165,000 |
Source: MIBOR as distributed by MLS GRID #21820944 Report a problem | ||
| 10/27/2021 | Listed for sale | $165,000 |
Source: MIBOR as distributed by MLS GRID #21820944 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,226 +3.4% | $197,700 +11% |
| 2024 | $4,087 +4.5% | $178,100 +3.4% |
| 2023 | $3,912 +105.6% | $172,300 +4% |
| 2022 | $1,903 +0.6% | $165,700 +100.8% |
| 2021 | $1,892 +5.3% | $82,500 +1% |
| 2020 | $1,797 +1.8% | $81,700 +7.4% |
| 2019 | $1,765 +16.9% | $76,100 +2.7% |
| 2018 | $1,510 +69.6% | $74,100 +8.8% |
| 2017 | $891 +12.9% | $68,100 +80.6% |
| 2016 | $788 +26.6% | $37,700 +30.9% |
| 2014 | $623 -33% | $28,800 -27.8% |
| 2013 | $929 | $39,900 -3.6% |
| 2012 | $929 | $41,400 +44.8% |
| 2011 | -- | $28,600 -51.9% |
| 2010 | $1,240 -2.4% | $59,400 |
| 2009 | $1,270 | $59,400 +12.9% |
| 2007 | -- | $52,600 |
Find assessor info on the county website
Neighborhood: Near Eastside
Nearby schools
GreatSchools rating
- 3/10Ralph Waldo Emerson School 58Grades: PK-5Distance: 0.2 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 3.2 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 2.1 mi
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Estimated market value
$75,800
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
$75,800
- Indiana
- Marion County
- Indianapolis
- 46201
- Near Eastside
- 513 N Colorado Ave
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