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Sold
    • $625,000

    738 Cottage Ave, Indianapolis, IN 46203

    5beds
    5baths
    --sqft
    Multi Family, Triplex
    Built in 2026
    -- sqft lot
    $623,600 Zestimate®
    $--/sqft
    $2,012 Estimated rent

    Home value

    $623,600

    $586,000 - $661,000

    $2,012/mo

    Zestimate® history
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    $2,012/mo

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    $2,012/mo

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    $3,902/mo

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    $3,902/mo

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    What's special

    Stunning quartz kitchenHigh-end finishes throughoutTop-of-the-line appliances
    Incredible house hack opportunity with this fully renovated 3-unit property offering luxury living and strong income potential. The main house features 3 bedrooms and 2.5 baths with high-end finishes throughout, including a stunning quartz kitchen, top-of-the-line appliances, and a spa-like primary suite designed for comfort and style. The private basement unit is fully equipped and income-ready, ideal for long-term or extended-stay rental, while the detached carriage house offers excellent flexibility for Airbnb, guest accommodations, or traditional leasing. This turnkey property is perfect for owner-occupants, investors, or multi-generational living-live in the main home and let the additional units offset or cover your mortgage, or rent all three for strong cash flow.

    Zillow last checked:

    Listing updated:

    Listed by:

    Laura Waters 765-418-0985,

    Highgarden Real Estate,

    Leyton Wellbaum,

    Highgarden Real Estate

    Bought with:

    Beau Matlock

    Matlock Realty Group

    Source: MIBOR as distributed by MLS GRID,MLS#: 22082657MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    Heating
    • Zoned, Heat Pump
    Cooling
    • Central Air, Dual, Ductless, Heat Pump
    Appliances
    • Laundry: Laundry Closet
    Features
    • Basement: Ceiling - 9+ feet,Apartment,Egress Window(s),Finished

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Balcony
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 3,484 Square Feet
    Details
    • Parcel number: 491113123065000101

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Triplex
    Materials
    • Foundation: Concrete Perimeter
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2026
    Details
    • Builder name: Blankenship Custom H

    Community & HOA

    Community
    • Subdivision: South Park
    Location
    • Region: Indianapolis

    Financial & listing details

    • Tax assessed value: $35,700
    • Annual tax amount: $848
    • Date on market: 2/5/2026
    • Cumulative days on market: 26 days

    Price history

    DateEventPrice
    6/8/2026Sold$625,000-3.8%
    Source: MIBOR as distributed by MLS GRID #22082657 Report a problem
    4/24/2026Pending sale$650,000
    Source: MIBOR as distributed by MLS GRID #22082657 Report a problem
    4/1/2026Listed for sale$650,000
    Source: MIBOR as distributed by MLS GRID #22082657 Report a problem
    2/9/2026Pending sale$650,000
    Source: MIBOR as distributed by MLS GRID #22082657 Report a problem
    2/5/2026Listed for sale$650,000+828.6%
    Source: MIBOR as distributed by MLS GRID #22082657 Report a problem
    4/30/2024Listing removed--
    Source: MIBOR as distributed by MLS GRID #21955213 Report a problem
    3/5/2024Price change$69,999-6.7%
    Source: MIBOR as distributed by MLS GRID #21955213 Report a problem
    11/30/2023Listed for sale$75,000+36.4%
    Source: MIBOR as distributed by MLS GRID #21955213 Report a problem
    9/21/2021Sold$55,000-21.3%
    Source: MIBOR as distributed by MLS GRID #21808259 Report a problem
    9/15/2021Pending sale$69,900
    Source: MIBOR as distributed by MLS GRID #21808259 Report a problem
    8/20/2021Listed for sale$69,900
    Source: MIBOR as distributed by MLS GRID #21808259 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$847 -15.6%$35,700
    2024$1,004 -0.2%$35,700 -1.4%
    2023$1,007 -3.6%$36,200
    2022$1,044 +0.2%$36,200 +2.8%
    2021$1,042 $35,200
    2020-- $35,200 +802.6%
    2019$93 +12.2%$3,900
    2018$83 +2.2%$3,900
    2017$81 -5.7%$3,900
    2016$86 +1.9%$3,900
    2014$84 -3.6%$3,900
    2013$88 $3,900
    2012$88 $3,900 -30.4%
    2011-- $5,600
    2010$116 -2.4%$5,600
    2009$119 $5,600
    2007-- $5,600
    Find assessor info on the county website

    Neighborhood: Near Southside

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    Estimated market value
    $623,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $623,600

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