Located in the highly sought-after Irvington area, this property represents an excellent opportunity for astute investors looking for strong cash flow and long-term appreciation. The property is sold as-is, with no repairs or renovations by the seller. This makes it an ideal project for developers or investors ready to start anew.
Single-familyProperty Type
1945Year Built
5,445 sq ftLot Size
$43Est. Price/Sq.Ft.
1 car garageParking
Listed by Jayson Velasquez• Triple E Realty, LLC
Contact: jayson@tripleerealty.com
Bought with Jayson Velasquez• Triple E Realty, LLC
Located in the highly sought-after Invington area, this property represents an excellent opportunity for astute investors looking for strong cash flow and long-term appreciation. The property is sold as-is, with no repairs or renovations by the seller, and the current house is slated for demolition. This makes it an ideal project for developers or investors ready to start anew. Removing the existing structure will provide a blank canvas for your new construction plans. Please note that entry into the house is strictly prohibited, as it is boarded up.
RENT. #1
Feb 28, 2022
Price Changed
$800
$1/sq ft
MIBOR as Distributed by MLS Grid #21259453
Jun 6, 2014
Listing Removed
—
Oct 6, 2013
Listed
$43,900
$31/sq ft
MIBOR as Distributed by MLS Grid #21202905
Apr 30, 2013
Listing Removed
—
Oct 29, 2012
Listed
$28,500
$20/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,596 (−35.6%)
$18,000 + $46,000
$64,000
2024
$2,478 (+54.0%)
$18,000 + $40,100
$58,100
2023
$1,609 (−49.2%)
$18,000 + $40,100
$58,100
2022
$3,167 (+9.5%)
$18,000 + $107,500
$125,500
2021
$2,893 (+20.6%)
$18,000 + $99,800
$117,800
2020
$2,398 (+4.0%)
$18,000 + $99,800
$117,800
2019
$2,306 (+4.0%)
$11,900 + $87,800
$99,700
2018
$2,218 (+19.0%)
$11,900 + $82,100
$94,000
2017
$1,863 (+13.3%)
$11,900 + $72,000
$83,900
2016
$1,645 (−0.4%)
$11,900 + $72,000
$83,900
2015
$1,652 (+7.8%)
$11,900 + $63,500
$75,400
2014
$1,533 (+7.4%)
$11,900 + $62,900
$74,800
2013
$1,427
$11,900 + $58,800
$70,700
Tax history for 396 S Audubon Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,596 (−35.6%)
$18,000 + $46,000
$64,000
2024
$2,478 (+54.0%)
$18,000 + $40,100
$58,100
2023
$1,609 (−49.2%)
$18,000 + $40,100
$58,100
2022
$3,167 (+9.5%)
$18,000 + $107,500
$125,500
2021
$2,893 (+20.6%)
$18,000 + $99,800
$117,800
2020
$2,398 (+4.0%)
$18,000 + $99,800
$117,800
2019
$2,306 (+4.0%)
$11,900 + $87,800
$99,700
2018
$2,218 (+19.0%)
$11,900 + $82,100
$94,000
2017
$1,863 (+13.3%)
$11,900 + $72,000
$83,900
2016
$1,645 (−0.4%)
$11,900 + $72,000
$83,900
2015
$1,652 (+7.8%)
$11,900 + $63,500
$75,400
2014
$1,533 (+7.4%)
$11,900 + $62,900
$74,800
2013
$1,427
$11,900 + $58,800
$70,700
*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
40 ft.
Lot depth
136 ft.
Lot size
5,445 Sq. Ft.
Year renovated
1945
Sq. Ft.
808
Year built
1945
Style
Single Family Residential
County
Marion County
APN
491010178161000701
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
D5
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
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
Oct 20, 2021 • Active
Self certification tag
Electrical
Feb 24, 2007 • Final
Right of way permit-excavation
Grading
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
Garage SqFt: 280
Parking Features: Attached
Garage Spaces: 1
Has Garage
Interior
Interior Sq. Ft. Information
Building Area Total: 1408
Living Area: 808
Main Level Sq. Ft.: 808
Upper Level Sq. Ft.: 0
Lower/Basement Level Sq. Ft (Finished): 0
Bedroom Information
# of Bedrooms Main: 2
Beds MU: 2
Bedrooms MU: 2
Bathroom Information
# of Full Baths (Total): 1
# of Full Baths (Main): 1
Full Baths MU: 1
Full Bathrooms MU: 1
Room 1 Information
Room Type: Living Room
Room Features: Carpet
Room Dimensions: 19x10
Room Level: Main
Room 2 Information
Room Type: Kitchen
Room Dimensions: 12x13
Room Level: Main
Room 3 Information
Room Features: Carpet
Room Dimensions: 15x9
Room Level: Main
Room 4 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 11x11
Room Level: Main
Other Rooms Information
Rooms Upper: 0
Rooms Main: 5
Rooms Basement: 0
# of Rooms: 5
Basement Information
Has Basement
Heating & Cooling
Heating Information: No Heating
Cooling Information: None
Interior Features
Interior Features: Eat-in Kitchen
Appliances: None
Exterior
Building Information
Percent Optional Level Finished: 0
Farm Information
Horse Amenities: None
Property Information
Property Type: Residential
Property Condition: Fixer
Property Sub Type: Single Family Residence
Land Information
Acres: <1/4 Acre
Lot Information
Lot Size Acres: 0.13
Utilities
Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Municipal/City
Solid Waste Information: Yes
Location
School Information
High School District: MSD Warren Township
Location Information
Directions: GPS Friendly
Tax Legal Description: J J R & Gs Sub Irreg Tract Prt L133 Beg 75.6Ft S Of N E Cor Of L133 W 130 Ft S 14.78Ftsthestrly 135.67 Ft N 54.9Ft To Beg
Public facts
Beds: 2
Baths: —
Sq. Ft.: 808
Stories: 1.0
Lot Size: 5,445 square feet
Style: Single Family Residential
Year Built: 1945
Year Renovated: 1945
County: Marion County
APN: 491010178161000701
Home facts updated by county records on Jul 29, 2026
Other
Listing Information
Attribution Contact: jayson@tripleerealty.com
Green Information
Green Certification YN: No
Home Information
Foundation Details: Block
Construction Materials: Other
Levels: One
Around this home
Schools
George W. Julian School 57
Public PreK-5 • Assigned • 0.6mi
4/10
Thomas Carr Howe Middle School - An IB World School
Public 6-8 • Assigned • 0.9mi
1/10
Purdue Polytechnic High School - Englewood
Charter 9-12 • Assigned • 2.3mi
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 • 46219
Average low and high temperatures (°F)
32
18
42
26
60
39
69
48
71
53
83
66
87
72
82
65
82
60
71
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
$58,000 – $70,000
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