Sold

$429,400

701 Cottage Ave, Indianapolis, IN 46203

6beds

4baths

--sqft

Multi Family, Duplex

Built in 1908

-- sqft lot

$432,400 Zestimate^®

$--/sqft

$1,590 Estimated rent

Home value

$432,400

$389,000 - $480,000

$1,590/mo

Zestimate^® history

Owner options

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$1,590/mo

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$1,590/mo

Rent Zestimate^®

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$2,698/mo

Est. payment

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$2,698/mo

Est. payment

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What's special

Welcome to this beautifully renovated 3 bedroom, 2 bathroom duplex located in the vibrant and sought-after Bates-Hendricks neighborhood, just minutes from Downtown Indianapolis, the popular Fountain Square District and Eli Lilly!! This charming property offers a fantastic opportunity for homeowners and investors alike, with endless potential as a primary residence, Airbnb or mid-term rental. Whether you're looking to settle in or generate rental income, this home is move-in ready and versatile. One unit is rented $1992 section 8. One side vacant.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Main level bathrooms: 6

Features

Has basement: Yes

Property

Features

Levels: Two
Stories: 2

Lot

Size: 3,484 Square Feet

Details

Parcel number: 491113123053000101

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Duplex

Condition

New construction: No
Year built: 1908

Community & HOA

Community

Subdivision: South Park

Location

Region: Indianapolis

Financial & listing details

Tax assessed value: $328,700
Annual tax amount: $4,478
Date on market: 9/9/2024
Cumulative days on market: 101 days

Price history

Date	Event	Price
4/30/2025	Listing removed	$1,445
Source: Zillow Rentals Report a problem
4/18/2025	Price change	$1,445-3.3%
Source: Zillow Rentals Report a problem
4/11/2025	Price change	$1,495-6.3%
Source: Zillow Rentals Report a problem
4/4/2025	Price change	$1,595-6.2%
Source: Zillow Rentals Report a problem
3/29/2025	Price change	$1,700-5.6%
Source: Zillow Rentals Report a problem
3/19/2025	Price change	$1,800-7.7%
Source: Zillow Rentals Report a problem
3/13/2025	Price change	$1,950-2.3%
Source: Zillow Rentals Report a problem
3/8/2025	Price change	$1,995-4.8%
Source: Zillow Rentals Report a problem
2/20/2025	Listed for rent	$2,095
Source: Zillow Rentals Report a problem
1/21/2025	Sold	$429,400-2.4%
Source: MIBOR as distributed by MLS GRID #22000545 Report a problem
12/19/2024	Pending sale	$439,900
Source: MIBOR as distributed by MLS GRID #22000545 Report a problem
11/16/2024	Price change	$439,900-2.2%
Source: MIBOR as distributed by MLS GRID #22000545 Report a problem
10/7/2024	Price change	$450,000-5.3%
Source: MIBOR as distributed by MLS GRID #22000545 Report a problem
9/9/2024	Listed for sale	$475,000
Source: MIBOR as distributed by MLS GRID #22000545 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,677 +3.9%	$328,700 +66.8%
2024	$4,500 +0.5%	$197,100 +3.9%
2023	$4,479 +16.3%	$189,700
2022	$3,850 +9.7%	$189,700 +13.7%
2021	$3,508 +4.6%	$166,900 +10.2%
2020	$3,355 +11%	$151,500 +6.6%
2019	$3,023 +19.7%	$142,100 +12%
2018	$2,525 +9.7%	$126,900 +9.5%
2017	$2,301 +6.7%	$115,900 +10.5%
2016	$2,156 +5.1%	$104,900 +10.5%
2014	$2,052 -2.7%	$94,900
2013	$2,109	$94,900 +1.2%
2012	$2,109	$93,800 +26.2%
2011	--	$74,300
2010	$1,550 -2.4%	$74,300
2009	$1,588	$74,300 +13.8%
2007	--	$65,300