Income generating duplex that is perfect for any new or experienced investor. Each side is One Bedroom, One Bath. Both units have experienced recent updates and are currently rented.
Income generating duplex. Each side is One Bedroom, One Bath. Recent updates to 4015 include, windows, water heater, newer furnace (2013), paint, kitchen floor, new bath fixtures, new lighting fixtures. 4013 has recently had renovations to the bath. Furnace 2006, newer water heater. Both sides vacant. Close to Butler, new red line, minutes to downtown.
MIBOR as Distributed by MLS Grid #21469178
May 1, 2017
Sold
$52,500
Mar 27, 2017
Pending
—
Mar 9, 2017
Listed
$62,500
+6
Great investment opportunity!! Updated duplex for sale with both sides currently tenanted 4013- $475/month until 8/31/2017 and 4015- $450/month with tenant in place since 8/12/14 -paying all utilities. Both units are 1 bed/1 bath.
Year
Property tax
Land + Additions
Assessment*
2025
$2,077 (+18.8%)
$21,800 + $123,900
$145,700
2024
$1,748 (+11.5%)
$21,800 + $100,800
$122,600
2023
$1,567 (−36.1%)
$21,800 + $100,800
$122,600
2022
$2,452 (+0.7%)
$21,800 + $91,200
$113,000
2021
$2,434 (+33.5%)
$10,100 + $72,600
$82,700
2020
$1,824 (+7.2%)
$10,100 + $72,600
$82,700
2019
$1,701 (+11.6%)
$10,100 + $63,000
$73,100
2018
$1,525 (+9.9%)
$10,100 + $56,500
$66,600
2017
$1,387 (+2.2%)
$4,200 + $55,300
$59,500
2016
$1,357 (+17.6%)
$4,200 + $55,300
$59,500
2015
$1,154 (−0.3%)
$4,200 + $55,300
$59,500
2014
$1,158 (+14.9%)
$4,200 + $48,200
$52,400
2013
$1,008
$4,200 + $49,400
$53,600
Tax history for 4013 Clarendon Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,077 (+18.8%)
$21,800 + $123,900
$145,700
2024
$1,748 (+11.5%)
$21,800 + $100,800
$122,600
2023
$1,567 (−36.1%)
$21,800 + $100,800
$122,600
2022
$2,452 (+0.7%)
$21,800 + $91,200
$113,000
2021
$2,434 (+33.5%)
$10,100 + $72,600
$82,700
2020
$1,824 (+7.2%)
$10,100 + $72,600
$82,700
2019
$1,701 (+11.6%)
$10,100 + $63,000
$73,100
2018
$1,525 (+9.9%)
$10,100 + $56,500
$66,600
2017
$1,387 (+2.2%)
$4,200 + $55,300
$59,500
2016
$1,357 (+17.6%)
$4,200 + $55,300
$59,500
2015
$1,154 (−0.3%)
$4,200 + $55,300
$59,500
2014
$1,158 (+14.9%)
$4,200 + $48,200
$52,400
2013
$1,008
$4,200 + $49,400
$53,600
*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
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.
501
Year built
1939
Style
Multi-Family (2-4 Unit)
County
Marion County
APN
490614125157000801
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
Property details
Parking
Parking Information
Unit Parking: On Street,Unpaved
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: Water
Operating Expense Includes: Management
Gross Income: 16200
Expenses: 1620
Multi-Unit Information
Multi Beds: 2
Multi Baths: 2
# of Units: 2
Furnished: Unfurnished
Multi Rooms: 10
Unit Type 1 Information
Kitchen: 8x8
Levels: 1
Miscellaneous: Lndry Conn
Rent: 675
Rent Frequency: Monthly
Utilities: Cl Cntrl Air
Unit Type 2 Information
Kitchen: 8x8
Levels: 1
Miscellaneous: Lndry Conn
Rent: 675
Rent Frequency: Monthly
Utilities: Cl Cntrl Air
Exterior
Property Features
Conversion: No
Property Information
Property Type: Residential Income
Property Sub Type: Duplex
Land Information
Acres: <1/4 Acre
Lot Information
Lot Size Acres: 0.1148
Lot Features: Street Lights
Utilities
Utility Information
Utilities: Electricity Connected
Solid Waste Information: Yes
Building Utilities: Sewer,Water
Location
School Information
High School District: Indianapolis Public Schools
Location Information
Directions: Turn right off 38th st onto Clarendon then to right to home
Tax Legal Description: CULVER RIGGS & LYNNS SUB L299
Public facts
Beds: 1
Baths: 1.0
Sq. Ft.: 501
Stories: 1.0
Lot Size: 5,001 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1939
Year Renovated: 1939
County: Marion County
APN: 490614125157000801
Home facts updated by county records on Jul 29, 2026
Other
Listing Information
Attribution Contact: MikeHarrisHomes@gmail.com
Green Information
Green Certification YN: No
Home Information
Construction Materials: Vinyl Siding
Around this home
Schools
James Whitcomb Riley School 43
Public PreK-5 • Assigned • 0.5mi
4/10
Cold Spring School
Public K-8 • Assigned • 1.7mi
7/10
Shortridge High School
Public 9-12 • Assigned • 1.1mi
5/10
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
$157,000 – $190,000
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