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  • $417,000

    515 Sutherland Ave, Indianapolis, IN 46205

    4beds
    2baths
    --sqft
    : 
    $2,974/mo
    Get pre-qualified
    Multi Family, Duplex
    Built in 1900
    -- sqft lot
    $406,600 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Finished third-floor attic spaceRepaired rear porchNewer carpetingReplacement dishwasherRecently replaced washing machineRenovated bathrooms
    Live in one side and let the other help pay the mortgage! This updated duplex offers a fantastic opportunity for an owner-occupant looking to house hack or an investor seeking a versatile addition to their portfolio. Each unit features 2 bedrooms, 1.5 baths, plus finished third-floor attic space offering valuable flexibility as a bonus room, home office, dressing area, hobby space, or additional storage. Both units have benefited from numerous updates and improvements. The 515 side features renovated bathrooms, updated kitchen finishes including granite and butcher block countertops, updated plumbing and light fixtures, newer carpeting, a repaired rear porch, replacement dishwasher and recently replaced washing machine. A portion of the exterior sewer line serving the property was also replaced approximately two years ago. The 517 side has been freshly painted throughout and features new granite kitchen countertops, an updated upstairs bathroom, updated plumbing and light fixtures, newer carpeting throughout the stairways and third floor, a newer refrigerator, and recently replaced washer and dryer. The rear deck has also received additional repairs and fresh paint. With two spacious units, flexible finished attic areas, separate living spaces, and extensive updates already completed, this property offers options for a variety of buyers. Live in one unit while generating rental income from the other, rent both units for investment income, or create a multigenerational living arrangement while maintaining separate spaces.Conveniently located with access to everything Indianapolis has to offer, 515-517 Sutherland is ready for its next chapter. Home is on Indiana Historic Landmark Registry (see attached covenant).
    41 days
    220
    28

    Zillow last checked:

    Listing updated:

    Listed by:

    Dawn McClara dawn.mcclara@talktotucker.com,

    F.C. Tucker Company,

    Will Lonnemann,

    F.C. Tucker Company

    Source: MIBOR as distributed by MLS GRID,MLS#: 22124636MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Main level bathrooms: 4
      Heating
      • Forced Air
      Cooling
      • Separate Meters
      Appliances
      • Laundry: Connections All
      Features
      • Has basement: Yes

      Property

      Parking
      • Details: Unit Parking(Guest Parking, Unpaved)
      Features
      • Levels: Three Or More
      • Fencing: Fenced,Partial
      Lot
      • Size: 3,484 Square Feet
      • Features: Sidewalks, Mature Trees
      Details
      • Parcel number: 490625113035000101
      • Special conditions: Historic District

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Craftsman,Traditional
      • Property subtype: Multi Family, Duplex
      Materials
      • Wood Siding
      • Foundation: Brick/Mortar
      • Roof: Shingle
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1900

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Wrights Park Ave
      Location
      • Region: Indianapolis

      Financial & listing details

      • Tax assessed value: $388,200
      • Annual tax amount: $9,248
      • Date on market: 9/5/2026
      • Cumulative days on market: 42 days
      • Tenant pays: All Utilities
      • Road surface type: Asphalt

        Estimated market value

        $406,600

        $386,000 - $427,000

        $1,311/mo

        Price history

        DateEventPrice
        9/5/2026Listed for sale$417,000+21.6%
        Source: MIBOR as distributed by MLS GRID #22124636 Report a problem
        9/2/2021Sold$343,000+4.3%
        Source: MIBOR as distributed by MLS GRID #21797160 Report a problem
        7/12/2021Pending sale$329,000
        Source: MIBOR as distributed by MLS GRID #21797160 Report a problem
        7/10/2021Listed for sale$329,000
        Source: MIBOR as distributed by MLS GRID #21797160 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,538 +38.6%$388,200 +7.9%
        2024$6,162 +4.3%$359,800
        2023$5,906 +44.3%$359,800 +5.8%
        2022$4,094 -27.7%$340,200 +39.2%
        2021$5,660 +2.8%$244,400
        2020$5,505 +85.8%$244,400 +4.8%
        2019$2,964 +16.5%$233,200 +87.5%
        2018$2,544 +0.4%$124,400 +3.8%
        2017$2,532 -2.2%$119,800
        2016$2,590 +9493.1%$119,800 +4.7%
        2014$27 $114,400
        2013$27 $114,400 +0.9%
        2012-- $113,400 +50.2%
        2011-- $75,500
        2010-- $75,500
        2009-- $75,500 -8.2%
        2007-- $82,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Near Northside

        Getting around

        77 / 100
        Very Walkable
        50 / 100
        Good Transit
        77 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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