Great investment with huge upside possible! Many 200/300k comps with 1k per side rents. This home sits perched on a hill, overlooking a mature tree and surrounded by beautiful homes that you can see from your covered front porch. The generous 2 gar garage provides off street parking. This was a single family home converted into 2 units at some point with sperate furnaces and electrical. It is in need of many updates but the location and features like arched doorways would give you many opportunities. Potential for a 3-5 bed, 2 bath SF conversion. Possible seller financing with as little as 10% down for owner occupants and 20% for non-owner occupants. Make sure to do your own due diligence prior to making an offer as this is an as-is sale and buyer needs to know what zoning would allow for a SF or MF use before making an offer.
Multi-familyProperty Type
1915Year Built
6,534 sq ftLot Size
$107Est. Price/Sq.Ft.
Listed by Scott Wynkoop• Wynkoop Brokerage Firm, LLC
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
—
Stories
1
Lot width
40 ft.
Lot depth
163 ft.
Lot size
6,534 Sq. Ft.
Year renovated
1915
Sq. Ft.
526
Year built
1915
Style
Multi-Family (2-4 Unit)
County
Marion County
APN
491004135008000101
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
D5
TOD
COMPACT
Dwelling District Five
The D-5 district is intended for medium and large- lot housing formats, primarily for detached houses, but may incorporate small- scale multi- unit building types in strategic locations. This district can be used for new, walkable suburban neighborhoods or for infill situation in established urban areas, including both low density and medium density residential recommendations of the Comprehensive Plan, and the Suburban Neighborhood and Traditional Neighborhood Typologies of the Land Use Pattern Book.
Zone overlays
Transit Oriented Development Secondary Zoning District
Compact Context Area
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Communications tower
Housing-Mobile home park
Park & open space
Property details
Interior
Multi-Family Financial Information
Gross Income: 0
Expenses: 0
Multi-Unit Information
# of Units: 2
Unit Type 1 Information
Kitchen: 100
Levels: 2
Rent: 0
Rent Frequency: Monthly
Unit Type 2 Information
Kitchen: 100
Levels: 2
Rent: 0
Rent Frequency: Monthly
Exterior
Property Features
Conversion: No
Property Information
Property Type: Residential Income
Property Sub Type: Duplex
Land Information
Current Use: Vacant
Acres: <1/4 Acre
Lot Information
Lot Size Acres: 0.15
Road Access: Access Rd
Utilities
Utility Information
Solid Waste Information: No
Location
School Information
High School District: Indianapolis Public Schools
Location Information
Directions: GPS Friendly
Tax Legal Description: A E Caylors E Wash St Add L1 2
Community Information
Low Maintenance Lifestyle YN: No
Public facts
Beds: 2
Baths: —
Sq. Ft.: 526
Stories: 1.0
Lot Size: 6,534 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1915
Year Renovated: 1915
County: Marion County
APN: 491004135008000101
Home facts updated by county records on Jul 29, 2026
Other
Listing Information
Attribution Contact: Scott@IndianaREO.com
Green Information
Green Certification YN: No
Around this home
Schools
Ralph Waldo Emerson School 58
Public PreK-5 • Assigned • 0.3mi
5/10
Thomas Carr Howe Middle School - An IB World School
Public 6-8 • Assigned • 0.2mi
1/10
Purdue Polytechnic High School - Englewood
Charter 9-12 • Assigned • 1.4mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 102° expected this year, 18 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46201
Average low and high temperatures (°F)
32
18
42
26
61
40
68
48
72
54
83
66
87
72
82
65
81
61
70
50
54
40
41
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
9.7 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$161,000 – $195,000
Sell confidently with a local market expert in Indianapolis. 3 minutes to get started.