Great cash flow and good rental history from this duplex. This is being sold with the adjacent property as part of a package with a total of 3 buildings, 6 total units. Property sits on 2 parcels and will not be split up. Stable area with easy access to shopping and transportation. There are five 2 bedroom/1 bathroom units with a market rate of $900 & and one 3 bedroom/1.5 bathroom unit with attached 2C garage and market rate of $1050. All of the units have new vinyl plank flooring and were recently painted. Building 1254 got a new roof in 2020. Recent furnaces and AC's in 7 of the units. Low maintenance property. Being sold as-is.
Multi-familyProperty Type
1972Year Built
0.56 acresLot Size
Listed by Jeremy Sandlin• F.C. Tucker Company
Contact: jeremy@talktotucker.com
Bought with Peter Stewart• Peter Stewart Realty LLC
Great cash flow and good rental history from this 3 building, 6-unit property. Being sold in conjunction with additional buildings and will not be split up. Stable area with easy access to shopping, schools, transportation, downtown and more. There are five 2 bedroom/1 bathroom units & and one 3 bedroom/1.5 bathroom unit with attached garage. Low maintenance property.
MIBOR as Distributed by MLS Grid #2949101
Mar 29, 2010
Listing Removed
—
Sep 28, 2009
Listed
$158,000
Year
Property tax
Land + Additions
Assessment*
2025
$4,472 (+24.4%)
$16,700 + $166,600
$183,300
2024
$3,594 (+0.8%)
$16,700 + $128,000
$144,700
2023
$3,566 (+27.7%)
$16,700 + $128,000
$144,700
2022
$2,791 (+2.5%)
$16,700 + $127,000
$143,700
2021
$2,723 (+21.0%)
$16,700 + $94,800
$111,500
2020
$2,251 (−0.6%)
$16,700 + $94,800
$111,500
2019
$2,265 (+19.4%)
$18,800 + $72,000
$90,800
2018
$1,898 (+5.3%)
$18,800 + $71,000
$89,800
2017
$1,801 (+6.2%)
$18,800 + $59,500
$78,300
2016
$1,696 (+5.7%)
$18,800 + $59,500
$78,300
2015
$1,605 (+3.5%)
$18,800 + $56,300
$75,100
2014
$1,550 (+4.0%)
$18,800 + $54,100
$72,900
2013
$1,490
$18,800 + $52,900
$71,700
Tax history for 1254 N Ridgeview Dr
Year
Property tax
Land + Additions
Assessment*
2025
$4,472 (+24.4%)
$16,700 + $166,600
$183,300
2024
$3,594 (+0.8%)
$16,700 + $128,000
$144,700
2023
$3,566 (+27.7%)
$16,700 + $128,000
$144,700
2022
$2,791 (+2.5%)
$16,700 + $127,000
$143,700
2021
$2,723 (+21.0%)
$16,700 + $94,800
$111,500
2020
$2,251 (−0.6%)
$16,700 + $94,800
$111,500
2019
$2,265 (+19.4%)
$18,800 + $72,000
$90,800
2018
$1,898 (+5.3%)
$18,800 + $71,000
$89,800
2017
$1,801 (+6.2%)
$18,800 + $59,500
$78,300
2016
$1,696 (+5.7%)
$18,800 + $59,500
$78,300
2015
$1,605 (+3.5%)
$18,800 + $56,300
$75,100
2014
$1,550 (+4.0%)
$18,800 + $54,100
$72,900
2013
$1,490
$18,800 + $52,900
$71,700
*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
Permits
Beds
2
Baths
—
Stories
1
Lot width
70 ft.
Lot depth
348 ft.
Lot size
0.56 Acres
Year renovated
1972
Sq. Ft.
897
Year built
1972
Style
Multi-Family (2-4 Unit)
County
Marion County
APN
490735106027000701
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 19, 2026.
D5
AIRSPACE SECONDARY ZONING DISTRICT
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
Airspace 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
Mar 1, 1996 • Final
Structural permit-1-2 family-miscellaneous
Tear off the existing roof and install a new roof.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Unit Parking: Parking Lot
Interior
Interior Sq. Ft. Information
Building Area Total: 0
Living Area: 0
Laundry Room Information
Laundry Features: Connections All
Multi-Family Financial Information
Owner Pays: Insurance, Lawncare, Taxes, Sewer, Water
Gross Income: 22440
Expenses: 0
Multi-Unit Information
Multi Beds: 4
Multi Baths: 2
# of Units: 2
Multi Rooms: 8
Unit Type 1 Information
Kitchen: 14x11
Levels: 1
Miscellaneous: Eat In Kitchen, Range/Oven, Refrigrater
Rent: 935
Rent Frequency: Monthly
Utilities: Cl Cntrl Air, Fuel Gas, Heat Forced
Unit Type 2 Information
Kitchen: 14x11
Levels: 1
Miscellaneous: Eat In Kitchen,Range/Oven,Refrigrater
Rent: 935
Rent Frequency: Monthly
Utilities: Cl Cntrl Air,Fuel Gas,Heat Forced
Exterior
Building Information
Building Information: Storage
Property Features
Conversion: No
Property Information
Property Type: Residential Income
Property Sub Type: Residential Units - 1 to 4
Land Information
Acres: 1/2-1 Acre
Lot Information
Lot Size Acres: 0.59
Road Surface Type: Asphalt
Road Frontage Type: City Street
Lot Features: Access
Utilities
Utility Information
Utilities: Cable Connected, Gas, Sewer Connected, Water Connected
Solid Waste Information: Yes
Location
School Information
High School District: Indianapolis Public Schools
Location Information
Directions: From 16th and Arlington head West on 16th. South on Ridgeview to property on west side of street. Park in front of 1270.
Tax Legal Description: PT SW1/4 S35 T16 R4 BEG 1216.6FT N & 1549FT EOF SW COR N 70FT E 347.86FT S 70FT W347.86FT TO BEG (ASKRENDALE 2ND SECPT L22)
Public facts
Beds: 2
Baths: —
Sq. Ft.: 897
Stories: 1.0
Lot Size: 0.56 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1972
Year Renovated: 1972
County: Marion County
APN: 490735106027000701
Home facts updated by county records on Oct 19, 2026
Other
Listing Information
Attribution Contact: jeremy@talktotucker.com
Green Information
Green Certification YN: No
Home Information
Construction Materials: Brick
Structure Type: Duplex
Levels: One
Around this home
Schools
K - 12
Preschool & daycare
Anna Brochhausen School 88
Public PreK-5 • Assigned • 0.6mi
3/10
Purdue Polytechnic High School - Englewood
Charter 9-12 • Assigned • 3.1mi
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 101° expected this year, 17 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 • 46219
Average low and high temperatures (°F)
32°
18°
42°
26°
60°
39°
69°
48°
71°
53°
83°
66°
88°
71°
82°
65°
81°
60°
69°
49°
54°
39°
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
$172,000 – $208,000
Sell confidently with a local market expert in Indianapolis. 3 minutes to get started.