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  • $472,500

    5262 N College Ave, Indianapolis, IN 46220

    6beds
    4baths
    --sqft
    Multi Family, Duplex
    Built in 1922
    -- sqft lot
    $542,000 Zestimate®
    $--/sqft
    $1,796 Estimated rent

    Home value

    $542,000

    $488,000 - $607,000

    $1,796/mo

    Zestimate® history
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    Rent Zestimate®

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    $2,922/mo

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    $2,922/mo

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    What's special

    Spacious unitsTimeless brick property
    BACK ON MARKET: Welcome to 5262-5264 College Ave, a massive renovated duplex in the highly sought-after Meridian-Kessler neighborhood of Indianapolis! This timeless brick property offers two spacious units, each featuring 3 bedrooms and 1.5 baths. Renovated in early 2022, the duplex has modern updates throughout, including roof, HVAC systems, and water heaters installed in 2021-2022, ensuring peace of mind for years to come. Situated on College Avenue, this location offers unbeatable walkability to some of Indy's best bars and restaurants. Just steps away, you'll find Half Liter BBQ & Beer Hall, Fat Dan's, The Bulldog Bar, Prufock Coffee, Upland Brewing Company, Twenty Tap & more-all just minutes from your doorstep. With easy access to Broad Ripple, downtown Indianapolis, and the Monon Trail, this property offers the perfect mix of urban convenience and neighborhood charm. 5262 side is under-rented (due to seasonality) at $1,695 until 1/31/2026 and the 5264 side is vacant. Rentometer predicts rent at $2,000-2,400 per side. Whether you're looking for long-term rental income, house hacking, or an Airbnb opportunity, this duplex is a rare find in one of the city's most desirable areas.

    Zillow last checked:

    Listing updated:

    Listed by:

    Morgan Thompson 270-300-8509,

    Berkley & State, LLC

    Bought with:

    Gabriel Lawless

    Ever Real Estate, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22027001MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Cooling
    • Central Air
    Appliances
    • Laundry: In Basement
    Features
    • Has basement: Yes

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 5,662 Square Feet
    Details
    • Parcel number: 490612233079000801

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    Materials
    • Brick
    • Foundation: Block
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1922

    Community & HOA

    Community
    • Subdivision: Meridian Kessler
    Location
    • Region: Indianapolis

    Financial & listing details

    • Tax assessed value: $270,100
    • Annual tax amount: $5,212
    • Date on market: 3/17/2025
    • Cumulative days on market: 42 days

    Price history

    DateEventPrice
    6/30/2025Sold$472,500-1.5%
    Source: MIBOR as distributed by MLS GRID #22027001 Report a problem
    5/20/2025Pending sale$479,900
    Source: MIBOR as distributed by MLS GRID #22027001 Report a problem
    5/3/2025Price change$479,900-2%
    Source: MIBOR as distributed by MLS GRID #22027001 Report a problem
    4/18/2025Price change$489,900-3.9%
    Source: MIBOR as distributed by MLS GRID #22027001 Report a problem
    4/11/2025Pending sale$510,000
    Source: MIBOR as distributed by MLS GRID #22027001 Report a problem
    3/28/2025Price change$510,000-1%
    Source: MIBOR as distributed by MLS GRID #22027001 Report a problem
    3/17/2025Listed for sale$515,000+3.2%
    Source: MIBOR as distributed by MLS GRID #22027001 Report a problem
    12/20/2024Listing removed$1,695
    Source: Zillow Rentals Report a problem
    12/19/2024Price change$1,695-3.1%
    Source: Zillow Rentals Report a problem
    12/17/2024Price change$1,750-2.8%
    Source: Zillow Rentals Report a problem
    11/20/2024Listed for rent$1,800-7.7%
    Source: Zillow Rentals Report a problem
    11/12/2024Listing removed$499,000
    Source: MIBOR as distributed by MLS GRID #22010617 Report a problem
    11/8/2024Listed for sale$499,000+95.7%
    Source: MIBOR as distributed by MLS GRID #22010617 Report a problem
    2/10/2023Listing removed--
    Source: Zillow Rentals Report a problem
    1/24/2023Listed for rent$1,950
    Source: Zillow Rentals Report a problem
    4/19/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    3/25/2022Price change$1,950-2.5%
    Source: Zillow Rental Manager Report a problem
    3/18/2022Listed for rent$2,000
    Source: Zillow Rental Manager Report a problem
    10/25/2021Sold$255,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,830 +11.9%$270,100 +9.9%
    2024$5,211 -8.4%$245,700 +11.8%
    2023$5,688 +19%$219,700 -8.8%
    2022$4,780 -6.8%$240,900 +16%
    2021$5,127 -1.9%$207,600 -6.4%
    2020$5,225 +14.5%$221,800
    2019$4,563 +11.3%$221,800 +15.5%
    2018$4,099 +4.1%$192,000 +0.9%
    2017$3,938 +430.2%$190,200 +3.5%
    2016$743 -74.7%$183,800 +35.1%
    2014$2,936 -33.7%$136,000 -65.6%
    2013$4,430 $395,600 +44.7%
    2012$4,430 $273,400 +16.6%
    2011-- $234,500
    2010$4,873 -12.4%$234,500 -10.3%
    2009$5,565 $261,300 +28%
    2007-- $204,200
    Find assessor info on the county website

    Neighborhood: Meridian Kessler

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $542,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $542,000