Charming Remodeled Duplex in Butler-Tarkington! This beautifully updated 1 bed, 1 bath per unit duplex is a fantastic opportunity for homeowners and investors alike! 4011 has been fully remodeled and is move-in ready-perfect for living in one side while renting out the other. 4009 is currently rented on a month-to-month basis, offering immediate income potential. Located near shopping, dining, hospitals, and downtown Indianapolis, this adorable duplex provides convenience and charm. Each unit includes graveled off-street parking for two cars. Showings available for 4011 only without contingent offer. Don't miss this prime investment opportunity-schedule your showing today! Agent is part owner.
Each unit is 1 bedroom/1 bath. 4009 just went vacant, tenant was there 2 years they were paying $497 per month. 4011 tenant is long term, 4 plus years pays $450 per month. 4009- Furnace replaced in 2000, water heater 2002, 4011- Furnace replaced 2006, water heater in 2016. Property is professionally managed. Centrally located property and rents easily.
MIBOR as Distributed by MLS Grid #21469755
May 2, 2017
Sold
$157,500
$139/sq ft
Mar 27, 2017
Pending
—
Mar 9, 2017
Listed
$180,000
$159/sq ft
+8
3 side by side duplexs, includes 2 car garage with each duplex. Not only are they cute but they cash flow well! Beautiful hardwood floors. Updated kitchens and baths. 4009 leased $450 per month with tenant in place since 12-12-15, 4011 tenant pays $450 and has bee in place since 4-18-14, 4013 $475 per month until 8-31-17, 4015 leased $450 per month with tenant in place since 8-12-14, 4017 is leased $425 on month to month since 8-12-14 and 4019 is leased for $475 until 11-30-17.
MIBOR as Distributed by MLS Grid #21469168
Apr 20, 2017
Sold
$52,500
$46/sq ft
Mar 27, 2017
Pending
—
Mar 9, 2017
Listed
$62,500
$55/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,514 (−38.9%)
$21,800 + $94,500
$116,300
2024
$2,481 (−7.5%)
$21,800 + $76,800
$98,600
2023
$2,681 (+15.6%)
$21,800 + $76,800
$98,600
2022
$2,320 (+20.2%)
$21,800 + $85,400
$107,200
2021
$1,931 (+12.1%)
$10,100 + $67,800
$77,900
2020
$1,722 (+6.9%)
$10,100 + $67,800
$77,900
2019
$1,611 (+12.0%)
$10,100 + $58,600
$68,700
2018
$1,439 (−6.3%)
$10,100 + $52,700
$62,800
2017
$1,536 (+2.2%)
$4,200 + $62,300
$66,500
2016
$1,503 (+15.7%)
$4,200 + $62,300
$66,500
2015
$1,299 (−0.2%)
$4,200 + $62,300
$66,500
2014
$1,301 (+14.0%)
$4,200 + $54,800
$59,000
2013
$1,141
$4,200 + $56,000
$60,200
Tax history for 4009-4011 Clarendon Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,514 (−38.9%)
$21,800 + $94,500
$116,300
2024
$2,481 (−7.5%)
$21,800 + $76,800
$98,600
2023
$2,681 (+15.6%)
$21,800 + $76,800
$98,600
2022
$2,320 (+20.2%)
$21,800 + $85,400
$107,200
2021
$1,931 (+12.1%)
$10,100 + $67,800
$77,900
2020
$1,722 (+6.9%)
$10,100 + $67,800
$77,900
2019
$1,611 (+12.0%)
$10,100 + $58,600
$68,700
2018
$1,439 (−6.3%)
$10,100 + $52,700
$62,800
2017
$1,536 (+2.2%)
$4,200 + $62,300
$66,500
2016
$1,503 (+15.7%)
$4,200 + $62,300
$66,500
2015
$1,299 (−0.2%)
$4,200 + $62,300
$66,500
2014
$1,301 (+14.0%)
$4,200 + $54,800
$59,000
2013
$1,141
$4,200 + $56,000
$60,200
*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
1
Baths
1
Stories
1
Lot width
40 ft.
Lot depth
125 ft.
Lot size
5,001 Sq. Ft.
Year renovated
1939
Sq. Ft.
544
Year built
1939
Style
Multi-Family (2-4 Unit)
County
Marion County
APN
490614125158000801
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
Nov 20, 2025 • Active
Heating & cooling - 1-2 family
Work on the heating and cooling systems.
HVAC
Aug 19, 2025 • Final
Heating & cooling - 1-2 family
Work on the heating and cooling systems.
HVAC
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.