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Sold
  • $385,000

    8940 Black Hawk Ln, Indianapolis, IN 46234

    2beds
    1baths
    --sqft
    Multi Family, Duplex
    Built in 1979
    -- sqft lot
    $390,000 Zestimate®
    $--/sqft
    $1,270 Estimated rent

    Home value

    $390,000

    $359,000 - $425,000

    $1,270/mo

    Zestimate® history
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    What's special

    Wooded lotHuge deckUnique fireplaceNew appliancesBrand-new ceramic tileNew exterior paintLaminate flooring
    This incredible home sits on almost 1 acre wooded lot. With a beautiful creek flowing through it to Eagle Creek. This is two homes in one. Upper level completely redone two-bedrooms, bath and 1/2 and a huge deck. Kitchen is all brand-new ceramic tile throughout the upper level in baths. I set the home up to be an air B&B. This home sits less than about a mile from Raceway Park and is close to the Indy 500. All new appliances both units. Lower unit also has a walkout deck, new kitchen two-bedrooms and one full bath. All the flooring in the house that is not ceramic tile is new laminate flooring. Upper laundry and lower laundry room. Unique fireplace in the living room is round and hangs from the ceiling like a ski lodge. Could be removed if Buyer wishes. Finishing up the construction in the next 30 days. Will be redoing the deck and finishing the landscaping on the yard. Could also do new exterior paint whatever color the buyer wishes. New Carrier furnace and ac unit was installed in 2019 and prior owner went into a nursing facility at the beginning of 2020 and house was winterized and closed up until owner death in 2024. Person could live upstairs and rent out the downstairs to make most of the payments. Would be good for one family who needs two units. I think this would be amazing to do an air B&B and is set up for 1 or 2 units. The local proximity to Indy and all it has to offer makes this very desirable. This could also be rented as one large unit by opening connecting door. I've used A+ materials on the renovation and completed this home as if I were going to keep it and rent it. Tenant could go on the right side of the house walked downstairs and be at the lower level to enter the house. 90% landscaping was completed last year and we will be building a walkway on the right side of the house to the lower deck. Will be posting more pictures in the next week.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Wyatt 317-503-2543,

    Advisors Commercial Real Estate

    Bought with:

    Jody Bailey

    F.C. Tucker Company

    Source: MIBOR as distributed by MLS GRID,MLS#: 22024123MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Appliances
    • Laundry: Connections All, Laundry Closet, Laundry Room, In Basement
    Features
    • Basement: Apartment,Daylight,Exterior Entry,Finished,Interior Entry,Storage Space

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    • Details: Unit Parking(2 Car Garage, On Street, Paved Area)
    Features
    • Levels: Multi/Split
    • Exterior features: Balcony
    Lot
    • Size: 0.87 Acres
    Details
    • Parcel number: 490516109028000604

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary
    • Property subtype: Multi Family, Duplex
    Materials
    • Brick
    • Foundation: Block
    • Roof: Asbestos Shingle
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1979

    Community & HOA

    Community
    • Subdivision: Lincolnwood
    Location
    • Region: Indianapolis

    Financial & listing details

    • Tax assessed value: $459,200
    • Annual tax amount: $3,896
    • Date on market: 2/27/2025
    • Cumulative days on market: 62 days

    Price history

    DateEventPrice
    6/6/2025Sold$385,000-3.5%
    Source: MIBOR as distributed by MLS GRID #22024123 Report a problem
    5/1/2025Pending sale$399,000
    Source: MIBOR as distributed by MLS GRID #22024270 Report a problem
    3/25/2025Price change$399,000-4.8%
    Source: MIBOR as distributed by MLS GRID #22024270 Report a problem
    3/20/2025Price change$419,000-1.4%
    Source: MIBOR as distributed by MLS GRID #22024270 Report a problem
    3/17/2025Price change$424,900-1%
    Source: MIBOR as distributed by MLS GRID #22024270 Report a problem
    3/10/2025Price change$429,000-4.5%
    Source: MIBOR as distributed by MLS GRID #22024123 Report a problem
    3/1/2025Price change$449,000-6.1%
    Source: MIBOR as distributed by MLS GRID #22024270 Report a problem
    2/27/2025Listed for sale$478,000+83.8%
    Source: MIBOR as distributed by MLS GRID #22024123 Report a problem
    1/2/2025Sold$260,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,178 +7.3%$459,200 +24.2%
    2024$3,895 +12.4%$369,600 -5.1%
    2023$3,464 +4.9%$389,500 +12.4%
    2022$3,301 +6.5%$346,400 +4.9%
    2021$3,099 +5.9%$330,100 +6.5%
    2020$2,925 +8.5%$309,900 +5.9%
    2019$2,697 +12%$292,500 +8.5%
    2018$2,408 +0.3%$269,700 +13.5%
    2017$2,401 +7.2%$237,600 +3.4%
    2016$2,239 +7.1%$229,700 +9.9%
    2014$2,090 -14%$209,000
    2013$2,430 $209,000 -7.5%
    2012$2,430 $226,000 -1.7%
    2011-- $230,000 -2.3%
    2010$2,487 +2.6%$235,300 -2.9%
    2009$2,424 $242,400 +12.4%
    2007-- $215,700 -4.7%
    2006-- $226,400 +19.8%
    2005-- $189,000
    2004-- $189,000
    2003-- $189,000 +35.7%
    2002-- $139,300 +200%
    2001-- $46,440
    2000-- $46,440
    Find assessor info on the county website

    Neighborhood: Clermont

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Pike 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
    $390,000
    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
    $390,000