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Sold
    • $297,000

    5224 W 16th St, Indianapolis, IN 46224

    2beds
    3baths
    --sqft
    Multi Family, Duplex
    Built in 1937
    -- sqft lot
    $296,700 Zestimate®
    $--/sqft
    $1,433 Estimated rent

    Home value

    $296,700

    $273,000 - $320,000

    $1,433/mo

    Zestimate® history
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    What's special

    All-Brick Duplex in Speedway on the corner lot, W. 16th St(5224 W. 16th St) and Gerrard Ave(1603 Gerrard Ave), 2 car detached garage. Fully fenced separate yards. Full basements that can easily be updated to make each side 3 bedrooms. Just a short walk from the Motor Speedway, Main St, and newly opened Borage! Whether you're buying it as an investment or your personal residence to rent the other side, its definitely one you do not want to miss out on!

    Zillow last checked:

    Listing updated:

    Listed by:

    Brian Smith 317-250-3606,

    Great Woods Realty LLC

    Bought with:

    Jayne Gauci

    The Gauci Group, INC

    Source: MIBOR as distributed by MLS GRID,MLS#: 21984693MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    Cooling
    • Has cooling: Yes
    Features
    • Has basement: Yes

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 6,969 Square Feet
    Details
    • Parcel number: 490631103021000914
    • Special conditions: Sales Disclosure On File

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    Condition
    • New construction: No
    • Year built: 1937

    Community & HOA

    Community
    • Subdivision: Schloss Home Place
    Location
    • Region: Indianapolis

    Financial & listing details

    • Tax assessed value: $222,600
    • Annual tax amount: $2,272
    • Date on market: 6/12/2024
    • Cumulative days on market: 5 days
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    9/13/2024Listing removed$1,400
    Source: Zillow Rentals Report a problem
    8/31/2024Price change$1,400-6.7%
    Source: Zillow Rentals Report a problem
    7/21/2024Listed for rent$1,500
    Source: Zillow Rentals Report a problem
    6/27/2024Sold$297,000-1%
    Source: MIBOR as distributed by MLS GRID #21984693 Report a problem
    6/15/2024Pending sale$300,000
    Source: MIBOR as distributed by MLS GRID #21984693 Report a problem
    6/12/2024Listed for sale$300,000
    Source: MIBOR as distributed by MLS GRID #21984693 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,515 +8.6%$222,600 +1.5%
    2024$2,316 +1.9%$219,300 +8%
    2023$2,272 +44.1%$203,100 +2.1%
    2022$1,576 +17.4%$199,000 +42.3%
    2021$1,343 +3.3%$139,800 +15.3%
    2020$1,300 +20.3%$121,200 +4.2%
    2019$1,080 -31.3%$116,300 +14.5%
    2018$1,572 +69.3%$101,600 -1%
    2017$929 -0.2%$102,600 +10.4%
    2016$931 +17.3%$92,900 +9.9%
    2014$793 -7.7%$84,500 -2.8%
    2013$860 $86,900 -1.8%
    2012$860 $88,500 +13.3%
    2011-- $78,100 -3.5%
    2010$758 +19.6%$80,900
    2009$634 $80,900 -6.3%
    2007-- $86,300
    Find assessor info on the county website

    Neighborhood: 46224

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Speedway Junior High School
    • High: Speedway Senior High School

    Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $296,700
    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
    $296,700

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