Owners just spent over $30,000 on foundation repairs and upper unit was just renovated. Lower unit has been updated as well since their ownership. Upper unit rented for $675 through April 2024, lower unit rents for $700 currently through June 2024. Professionally managed by Green Light Property Management. Showings after accepted offer.
Multi-familyProperty Type
1910Year Built
4,182 sq ftLot Size
$146Est. Price/Sq.Ft.
Listed by Emily Huskey• Keller Williams Indy Metro Partners
Contact: emilyhuskey@kw.com
Bought with Elizabeth Ewbank• Highgarden Real Estate
BRING YOUR IMAGINATION TO LIFE WTIH THIS ONE! This home could be a money maker. This home sits on a nice size corner lot. Large double with one unit up and one unit down. Each unit has 2 bedrooms, 1 bath with laundry and utility room. Home next door is currently listed for over $400k.
MIBOR as Distributed by MLS Grid #21528399
Apr 26, 2019
Sold
$20,000
$17/sq ft
Apr 16, 2019
Pending
—
Jan 8, 2019
Relisted
—
Dec 15, 2018
Listing Removed
—
Jun 26, 2018
Price Changed
$45,000
$38/sq ft
Jun 26, 2018
Relisted
—
Jun 15, 2018
Listing Removed
—
May 4, 2018
Price Changed
$50,000
$42/sq ft
Jan 8, 2018
Listed
$60,000
$51/sq ft
+20
This could be a money maker with just a little TLC. Large Double with one unit up and one unit down. Upper unit is in good shape but lower unit has some ceiling damage. Each unit has 2 bedrooms, 1 bath and laundry/utility room. Upper unit has a sun porch.This property is being sold in AS-IS condition, seller can make no repairs. We suggest you have inspections done before making an offer.
MIBOR as Distributed by MLS Grid #2513415
Mar 7, 2005
Listed
$15,900
$13/sq ft
Public Records
Jun 5, 2001
Sold
$100,146
$85/sq ft
MIBOR as Distributed by MLS Grid #9930345
Aug 16, 1999
Listed
$44,900
$38/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,148 (+4.1%)
$12,900 + $132,600
$145,500
2024
$2,063 (−37.5%)
$12,900 + $121,200
$134,100
2023
$3,301 (−2.8%)
$12,900 + $121,200
$134,100
2022
$3,395 (+47.7%)
$12,900 + $121,200
$134,100
2021
$2,299 (+493.0%)
$2,800 + $91,800
$94,600
2020
$388 (+1.6%)
$2,800 + $91,800
$94,600
2019
$382 (−46.4%)
$2,800 + $9,000
$11,800
2018
$712 (−59.0%)
$2,800 + $8,600
$11,400
2017
$1,738 (+49.6%)
$2,800 + $8,000
$10,800
2016
$1,162 (+362.9%)
$2,800 + $8,000
$10,800
2015
$251 (+3.7%)
$2,800 + $9,000
$11,800
2014
$242 (+4.3%)
$2,800 + $8,600
$11,400
2013
$232
$2,800 + $8,400
$11,200
Tax history for 3342 N Rader St
Year
Property tax
Land + Additions
Assessment*
2025
$2,148 (+4.1%)
$12,900 + $132,600
$145,500
2024
$2,063 (−37.5%)
$12,900 + $121,200
$134,100
2023
$3,301 (−2.8%)
$12,900 + $121,200
$134,100
2022
$3,395 (+47.7%)
$12,900 + $121,200
$134,100
2021
$2,299 (+493.0%)
$2,800 + $91,800
$94,600
2020
$388 (+1.6%)
$2,800 + $91,800
$94,600
2019
$382 (−46.4%)
$2,800 + $9,000
$11,800
2018
$712 (−59.0%)
$2,800 + $8,600
$11,400
2017
$1,738 (+49.6%)
$2,800 + $8,000
$10,800
2016
$1,162 (+362.9%)
$2,800 + $8,000
$10,800
2015
$251 (+3.7%)
$2,800 + $9,000
$11,800
2014
$242 (+4.3%)
$2,800 + $8,600
$11,400
2013
$232
$2,800 + $8,400
$11,200
*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
2
Lot width
35 ft.
Lot depth
119 ft.
Lot size
4,182 Sq. Ft.
Year renovated
1910
Sq. Ft.
1,184
Year built
1910
Style
Multi-Family (2-4 Unit)
County
Marion County
APN
490622114596000101
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 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 and replace the roof and decking on a residential building.
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: On Street
Garage Spaces: 0
Carport Spaces: 0
Interior
Virtual Tour
Laundry Room Information
Laundry Features: Connections All, Other
Basement Information
Has Basement
Heating & Cooling
Cooling Information: Separate Meters
Multi-Family Financial Information
Owner Pays: Taxes
Net Operating Income: 0
Gross Income: 0
Expenses: 0
Multi-Unit Information
# of Units: 2
Unit Type 1 Information
Kitchen: 11x10
Levels: 1
Miscellaneous: Eat In Kitchen, Range/Oven
Rent: 700
Rent Frequency: Monthly
Utilities: Cl Wind Unit, Fuel Gas, Heat Forced, Hot Wtr Gas
Unit Type 2 Information
Kitchen: 11x11
Levels: 1
Miscellaneous: Eat In Kitchen,Range/Oven
Rent: 675
Rent Frequency: Monthly
Utilities: Cl Wind Unit,Fuel Gas,Heat Forced,Hot Wtr Gas
Exterior
Building Information
Building Information: Other
Exterior Features
Exterior Features: Not Applicable
Property Features
Conversion: No
Property Information
Property Type: Residential Income
Property Sub Type: Duplex
Zoning: Duplex
Land Information
Current Use: Residential
Acres: <1/4 Acre
Lot Information
Lot Size Acres: 0.1
Road Surface Type: Asphalt
Road Frontage Type: FrontageRd
Lot Features: Access, Corner Lot, Sidewalks
Road Access: Frontage Road
Utilities
Utility Information
Solid Waste Information: No
Building Utilities: Separate Sewer Meter,Sewer,Water
Location
School Information
High School District: Indianapolis Public Schools
Location Information
Directions: GPS Friendly
Tax Legal Description: Armstrong Park 1181/2Ft N End L355
Public facts
Beds: 2
Baths: —
Sq. Ft.: 1,184
Stories: 2.0
Lot Size: 4,182 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1910
Year Renovated: 1910
County: Marion County
APN: 490622114596000101
Home facts updated by county records on Jul 29, 2026
Other
Listing Information
Attribution Contact: emilyhuskey@kw.com
Green Information
Green Certification YN: No
Home Information
Foundation Details: Brick, Other
Construction Materials: Vinyl Siding
Structure Type: Duplex
Levels: Two
Around this home
Schools
George Washington Carver School 87
Public PreK-5 • Assigned • 1.1mi
3/10
Herron Preparatory Academy
Charter K-8 • Assigned • 1.1mi
7/10
Shortridge High School
Public 9-12 • Assigned • 1.2mi
5/10
Cold Spring School
Public K-8 • Assigned • 1.4mi
7/10
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, 19 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 • 46208
Average low and high temperatures (°F)
32
18
42
26
60
40
68
49
71
54
83
66
88
72
83
65
82
60
70
49
54
39
42
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.6 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
9.6 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$164,000 – $199,000
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