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  • Price cut: $25K (7/9)
    $449,999

    526 N Elder Ave, Indianapolis, IN 46222

    2beds
    2baths
    --sqft
    : 
    $3,030/mo
    Get pre-qualified
    Multi Family, Duplex
    Built in 2025
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Modern finishesLow-maintenance constructionWhite shaker cabinetryIn-unit laundryPrivate entrancesContemporary finishesDedicated parking
    Turnkey investment opportunity featuring a new construction duplex in a rapidly developing area near downtown Indianapolis. This well-maintained property offers modern finishes that attract and retain quality tenants, including granite countertops, white shaker cabinetry, stainless steel appliances, luxury flooring, and spacious open-concept living areas. Each unit is thoughtfully designed with private entrances, dedicated parking, in-unit laundry, and functional floor plans that provide strong rental appeal. Located just minutes from downtown Indianapolis, major employers, hospitals, universities, and interstate access, the property benefits from a highly desirable location with consistent rental demand. With low-maintenance construction, contemporary finishes, and established tenancy, this asset provides investors the opportunity to acquire a stabilized income-producing property with long-term growth potential in one of Indianapolis's most active rental markets.
    41 days
    |
    135
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Nicole Crouch 317-514-7959,

    Crossroads Realty, LLC,

    Matthew Crouch

    Source: MIBOR as distributed by MLS GRID,MLS#: 22108327MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage
      • Garage spaces: 1
      • Details: Unit Parking(1 Car Garage)
      Lot
      • Size: 4,356 Square Feet
      Details
      • Parcel number: 491103111129000101

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Duplex
      Condition
      • New construction: No
      • Year built: 2025

      Community & HOA

      Community
      • Subdivision: Merritt Place
      Location
      • Region: Indianapolis

      Financial & listing details

      • Tax assessed value: $93,700
      • Annual tax amount: $78
      • Date on market: 6/15/2026
      • Cumulative days on market: 43 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/9/2026Price change$449,999-5.3%
        Source: MIBOR as distributed by MLS GRID #22108327 Report a problem
        6/15/2026Listed for sale$475,000+26675.6%
        Source: MIBOR as distributed by MLS GRID #22108327 Report a problem
        4/27/2016Sold$1,774
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$78 -14.5%$93,700 +2739.4%
        2024$92 -0.2%$3,300
        2023$92 -6.3%$3,300
        2022$98 +0.1%$3,300
        2021$98 -1.7%$3,300
        2020$99 -3%$3,300
        2019$103 +46.4%$3,300
        2018$70 $3,300
        2017-- $3,300
        2016$909 $3,300
        2014$909 +1128%$3,300
        2013$74 $3,300
        2012$74 $3,300 -49.2%
        2011-- $6,500
        2010$135 -2.5%$6,500
        2009$139 $6,500
        2007-- $6,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Near Westside

        Getting around

        56 / 100
        Somewhat Walkable
        40 / 100
        Some Transit
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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