Looking for your next opportunity? Don't miss your chance to add a turnkey duplex to your portfolio or become an owner-occupant and start investing while living in the second unit. Two-unit property featuring similar floor plans with 1 bed, 1 bath, private living space, outdoor porch area, and a basement on each side. Close proximity to downtown, restaurants, shopping and Garfield Park. This charming, two parcel, corner property (one side on 58 E Southern and the other on 2560 S Pennsylvania) has separate utilities, updated vinyl plank flooring (58 Southern), new bathroom tub and sink, updated lighting/ceiling fans and roof approximately 5 years old. Property includes two off street concrete parking spots. The unit on Pennsylvania is currently rented for $1,000 a month with a lease through July 31, 2028. The unit on Southern is currently open to rent between $900 - $1000 a month or the owner could choose to move in. Tenants pay utilities and owners expenses are taxes at $1718 semi-annually and insurance. Room sizes should be confirmed by buyer. Please note, out of respect for privacy of current tenants, photos and showing availability are for 58 E Southern only.
Active
$200,000
58 E Southern Ave, Indianapolis, IN 46225
1beds
1baths
--sqft
Multi Family, Duplex
Built in 1923
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Basement on each sideOutdoor porch areaPrivate living spaceUpdated vinyl plank flooring
- 6 days
- 113
- 13
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Julie Steele jsteele@c21scheetz.com,
CENTURY 21 Scheetz,
Brian Sanders 317-201-1070,
CENTURY 21 Scheetz
Source: MIBOR as distributed by MLS GRID,MLS#: 22129608
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Main level bathrooms: 2
Heating
- Forced Air
Appliances
- Laundry: In Basement
Features
- Has basement: Yes
Property
Parking
- Parking features: Detached
- Details: Unit Parking(Paved Area)
Features
- Levels: One
- Stories: 1
- Exterior features: Other
Lot
- Size: 9,583 Square Feet
- Features: Access, Corner Lot
Details
- Additional parcels included: 1048137
- Parcel number: 491124101016000101
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Aluminum Siding, Wood Siding
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1923
Community & HOA
Community
- Subdivision: Shrewburys Worthus Add
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $140,900
- Annual tax amount: $3,436
- Date on market: 10/29/2026
- Cumulative days on market: 8 days
- Tenant pays: All Utilities, Insurance
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2026 | Listed for sale | $200,000+700% |
Source:  MIBOR as distributed by MLS GRID #22129608 Report a problem | ||
| 11/19/2015 | Sold | $25,000-44.4% |
Source: MIBOR as distributed by MLS GRID #21378979 Report a problem | ||
| 11/10/2015 | Pending sale | $45,000 |
Source: Carpenter, REALTORS #21378979 Report a problem | ||
| 9/29/2015 | Listed for sale | $45,000 |
Source: Carpenter, REALTORS #21378979 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,083 -2.9% | $140,900 +8.5% |
| 2024 | $3,176 -3.4% | $129,900 -3% |
| 2023 | $3,289 +17.7% | $133,900 -3.9% |
| 2022 | $2,794 +8% | $139,300 +15% |
| 2021 | $2,587 +117.8% | $121,100 +8.4% |
| 2020 | $1,187 -0.9% | $111,700 +122.1% |
| 2019 | $1,198 +17.1% | $50,300 |
| 2018 | $1,024 +3.7% | $50,300 +7.7% |
| 2017 | $987 +6% | $46,700 +6.4% |
| 2016 | $932 +11.9% | $43,900 +14% |
| 2014 | $832 -4.4% | $38,500 |
| 2013 | $871 | $38,500 -0.3% |
| 2012 | $871 | $38,600 +13.9% |
| 2011 | -- | $33,900 |
| 2010 | $728 -1.9% | $33,900 |
| 2009 | $742 | $33,900 -10.6% |
| 2007 | -- | $37,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Garfield Park
- $--1 bd1 ba-- sqft58 E Southern Ave #1, Indianapolis, IN 46225Off Market
- $6,900-- bd-- ba-- sqft2556 S Pennsylvania St, Indianapolis, IN 46225Off Market
- $110,0003 bd1 ba912 sqft2550 S Pennsylvania St, Indianapolis, IN 46225Sold
- $198,2003 bd1 ba2k sqft2546 S Pennsylvania St, Indianapolis, IN 46225Off Market
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