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Sold
  • $450,000

    8372 E Us Highway 36, Avon, IN 46123

    4beds
    3baths
    --sqft
    Multi Family, Duplex
    Built in 1947
    -- sqft lot
    $457,400 Zestimate®
    $--/sqft
    $1,586 Estimated rent

    Home value

    $457,400

    $421,000 - $499,000

    $1,586/mo

    Zestimate® history
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    What's special

    Prime investment opportunity in the heart of Avon producing $3,300/mo ($39,600/yr) in rental income! Positioned directly on US Highway 36, this versatile property offers the rare combination of immediate cash flow, owner-occupant potential, & future development opportunities-all in one of Avon's most visible & high-demand locations. Property Highlights of Duplex Units: Unit 1: 2,562 sq ft, remodeled in 2013, 3 Bedrooms, 2 Bathrooms, Dining Room, Large Family Room, 2 Spacious Lofts, Lower level that can be finished and used as an entertainment room/ flex space. Currently leased for 1 yr at $2,000/mo (lease expires Oct 2026.) Unit 2: 748 sq ft, updated in 2023, 1 Bedroom, 1 Bathroom & is currently leased for 1 yr at $800/month (lease expires Sept 2026.) Entire property zoned R-2 (Residential or potential commercial), expansive 5,000 sq ft asphalt parking lot-ample space for tenants, clients, or future potential commercial use, 4+ car garage w/ attic storage-previously leased to a mechanic shop & currently leased to a small business owner for $500/mo (lease expires Sept 2027) who uses it for storage for their painting/ flooring business. Large backyard/green space-perfect for further development or outdoor use as well. This is more than just a duplex-it's a prime investment opportunity in Avon's thriving market. Whether you're looking to house-hack, expand your rental portfolio, or develop a property with unbeatable exposure, this property checks all the boxes. Please respect tenant privacy in Units 1 & 2. Each unit and outbuilding has it's own utility meters. Tenants pay their own utilities.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lindsey Winkhart 317-717-4510,

    RE/MAX Advanced Realty

    Bought with:

    Paula Valle

    PDDR, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22062136MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Main level bathrooms: 4
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Features
    • Basement: Daylight,Egress Window(s),Partial

    Property

    Parking
    • Total spaces: 4
    • Parking features: Detached
    • Garage spaces: 4
    • Details: Unit Parking(Guest Parking, Parking Lot, Paved Area)
    Features
    • Levels: Two
    • Stories: 2
    • Fencing: Fenced,Partial
    Lot
    • Size: 0.9 Acres
    • Features: City Lot, Not In Subdivision, Street Lights
    Details
    • Parcel number: 321001390008000031
    • Zoning: R-2 (Avon)

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    • Attached to another structure: Yes
    Materials
    • Foundation: Crawl Space
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1947

    Community & HOA

    Community
    • Subdivision: No Subdivision
    Location
    • Region: Avon

    Financial & listing details

    • Tax assessed value: $157,500
    • Annual tax amount: $3,528
    • Date on market: 9/12/2025
    • Cumulative days on market: 60 days
    • Tenant pays: All Utilities
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    11/20/2025Sold$450,000
    Source: MIBOR as distributed by MLS GRID #22062136 Report a problem
    11/13/2025Pending sale$450,000
    Source: MIBOR as distributed by MLS GRID #22062136 Report a problem
    9/12/2025Listed for sale$450,000-9.8%
    Source: MIBOR as distributed by MLS GRID #22062136 Report a problem
    8/28/2024Listing removed$499,000
    Source: MIBOR as distributed by MLS GRID #21972501 Report a problem
    4/6/2024Listed for sale$499,000+107.9%
    Source: MIBOR as distributed by MLS GRID #21972501 Report a problem
    10/27/2023Sold$240,000+231%
    Source: MIBOR as distributed by MLS GRID #21935843 Report a problem
    5/23/2023Listing removed--
    Source: Zillow Rentals Report a problem
    5/9/2023Listed for rent$400-19.2%
    Source: Zillow Rentals Report a problem
    4/12/2023Listing removed--
    Source: Zillow Rentals Report a problem
    3/23/2023Listed for rent$495
    Source: Zillow Rentals Report a problem
    2/28/2023Listing removed--
    Source: Zillow Rentals Report a problem
    2/21/2023Listed for rent$495
    Source: Zillow Rentals Report a problem
    4/11/2013Sold$72,500-54.1%
    Source: MIBOR as distributed by MLS GRID #21209049 Report a problem
    2/27/2012Sold$158,100
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,528 -48.2%$157,500
    2024$6,812 +161.7%$157,500 -48.2%
    2023$2,603 -0.7%$304,100 +161.7%
    2022$2,622 -0.9%$116,200
    2021$2,646 -1.3%$116,200
    2020$2,681 +13.2%$116,200
    2019$2,368 +17%$116,200 +15.4%
    2018$2,024 +0.1%$100,700
    2017$2,023 0%$100,700
    2016$2,023 +0%$100,700
    2014$2,023 -86.1%$100,700 -79.2%
    2010$14,529 +8.2%$484,300
    2009$13,423 +21.1%$484,300 +0.5%
    2007$11,086 +3.7%$481,980 -5.1%
    2006$10,690 $508,100 +171%
    2005-- $187,500
    Find assessor info on the county website

    Neighborhood: 46123

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Maple Elementary School
    • Middle: Avon Middle School North
    • High: Avon High School

    Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $457,400
    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
    $457,400