**BUYERS' FINANCING FELL THROUGH, PROPERTY BACK ON MARKET** Discover the charm of this beautifully restored duplex nestled in the vibrant Mapleton Fall Creek neighborhood. This exceptional property not only showcases timeless appeal but also offers a fantastic opportunity for homeowners and investors alike. The fully rehabbed interior features a stylish kitchen designed for both functionality and elegance, complete with shaker cabinets for ample storage and a sleek kitchen bar that's perfect for entertaining. The thoughtful peninsula layout enhances meal preparation and invites social interaction. Step into the bathroom, where you'll find a tranquil retreat adorned with a walk-in shower that transforms your daily routine into a spa-like experience. The inviting porch welcomes you and your guests, creating a perfect outdoor spot for relaxation. Inside, the open floor plan fosters a spacious and inviting atmosphere, enhancing the home's overall charm. This three-story duplex beautifully marries historic character with modern convenience. One side of the property is currently rented until at least February 2027, providing immediate rental income-a fantastic advantage for those looking to house hack or expand their real estate portfolio. Don't miss out on this incredible opportunity to own a piece of Mapleton Fall Creek that perfectly balances comfort, character, and a prime location.
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
Jan 7, 2002 • Active
Structural permit-1-2 family-miscellaneous
Roofing
Jan 2, 2002 • Active
Wrecking permit-1-2 family
Demolish a single-family home.
Demolition
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
Interior
Basement Information
Has Basement
Basement Features: Full, Unfinished
Multi-Family Financial Information
Gross Income: 5300
Expenses: 0
Multi-Unit Information
# of Units: 2
Unit Type 1 Information
Kitchen: 120
Levels: 3
Rent: 2100
Rent Frequency: Monthly
Unit Type 2 Information
Kitchen: 120
Levels: 3
Rent: 2200
Rent Frequency: Monthly
Exterior
Property Features
Conversion: No
Property Information
Property Type: Residential Income
Property Sub Type: Duplex
Land Information
Current Use: Residential
Acres: <1/4 Acre
Lot Information
Lot Size Acres: 0.11
Road Access: Not Applic
Utilities
Utility Information
Solid Waste Information: Yes
Location
School Information
High School District: Indianapolis Public Schools
Location Information
Directions: GPS Friendly
Tax Legal Description: Jose Balz 32nd St Add L32
Public facts
Beds: 3
Baths: —
Sq. Ft.: 1,265
Stories: 2.0
Lot Size: 4,966 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1910
Year Renovated: 1910
County: Marion County
APN: 490624115017000101
Home facts updated by county records on Jul 29, 2026
Other
Home Information
Levels: Two
Around this home
Schools
William Bell School 60 - A Butler Lab Reggio Emilia School
Public PreK-5 • Assigned • 0.4mi
4/10
Herron Preparatory Academy
Charter K-8 • Assigned • 0.5mi
7/10
Shortridge High School
Public 9-12 • Assigned • 0.5mi
5/10
Provided by GreatSchools
Climate risks
9/10 Flood Factor
Estimated 80%+ chance 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
4/10 Heat Factor
7 days above 101° expected this year, 19 days in 30 years
2/10 Wind Factor
0% 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 • 46205
Average low and high temperatures (°F)
32
18
42
27
60
40
68
49
71
54
83
67
88
72
83
65
82
60
71
49
54
40
42
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
$400,000 – $484,000
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