Sold

$272,000

5508 McFarland Rd, Indianapolis, IN 46227

4beds

2baths

--sqft

Multi Family, Duplex

Built in 1981

-- sqft lot

$283,300 Zestimate^®

$--/sqft

$1,408 Estimated rent

Home value

$283,300

$269,000 - $300,000

$1,408/mo

Zestimate^® history

Owner options

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$1,408/mo

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$1,408/mo

Rent Zestimate^®

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$1,368/mo

Est. payment

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$1,368/mo

Est. payment

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What's special

Attention Investors! Don't hesitate to check out this rarely available duplex in Perry Township. This duplex offers 2 bed / 1 bath units that have been fully updated on both sides with improvements such as new floors throughout, kitchen and bath updates, new carpet and paint among others. The duplex also features attached and private 1 car garages for both units, private patios, a shed and a huge yard on a corner lot. You can live in one side and continue to lease out the other side or you can rent both units in a thriving rental area given the proximity to schools, shopping, restaurants and highways so don't wait!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Cooling

Has cooling: Yes

Appliances

Laundry: Connections All

Features

Has basement: No

Property

Parking

Total spaces: 2
Parking features: Attached
Attached garage spaces: 2
Details: Unit Parking(2 Car Space)

Features

Levels: One
Stories: 1

Lot

Size: 0.48 Acres

Details

Parcel number: 491505103090000500
Special conditions: Broker Owned

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Duplex

Materials

Brick

Condition

New construction: No
Year built: 1981

Community & HOA

Community

Subdivision: Edgewood Acres

Location

Region: Indianapolis

Financial & listing details

Tax assessed value: $262,200
Annual tax amount: $5,862
Date on market: 6/10/2024
Cumulative days on market: 3 days
Tenant pays: All Utilities, Grounds Care, Sewer, Trash Collection, Water

Price history

Date	Event	Price
7/9/2024	Sold	$272,000-1.1%
Source: MIBOR as distributed by MLS GRID #21983074 Report a problem
6/13/2024	Pending sale	$275,000
Source: MIBOR as distributed by MLS GRID #21983074 Report a problem
6/10/2024	Listed for sale	$275,000+157%
Source: MIBOR as distributed by MLS GRID #21983074 Report a problem
10/7/2014	Sold	$107,000-2.7%
Source: MIBOR as distributed by MLS GRID #21314183 Report a problem
10/4/2014	Pending sale	$110,000
Source: Keller Williams Indy South #21314183 Report a problem
9/9/2014	Listed for sale	$110,000-15.4%
Source: Keller Williams Indy South #21314183 Report a problem
9/5/2013	Listing removed	$130,000
Source: Mike Duncan Real Estate Group #21251351 Report a problem
8/21/2013	Listed for sale	$130,000
Source: Mike Duncan Real Estate Group #21251351 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,890 -24.5%	$262,200 -3.9%
2024	$6,480 +10.5%	$272,800 +7.1%
2023	$5,863 +9.3%	$254,800 +11.2%
2022	$5,363 +23.5%	$229,200 +10.9%
2021	$4,341 +15.5%	$206,600 +24.3%
2020	$3,759 -3.2%	$166,200 +16.2%
2019	$3,881 +16%	$143,000 -4.2%
2018	$3,347 -2.1%	$149,200 +18.4%
2017	$3,418 +8.8%	$126,000 +0.6%
2016	$3,143 +3.6%	$125,200 +0.1%
2014	$3,034 +2.3%	$125,100
2013	$2,965	$125,100 +3%
2012	$2,965	$121,400 +1.7%
2011	--	$119,400
2010	$2,388 +0%	$119,400
2009	$2,388	$119,400 -5.7%
2007	--	$126,600