1918 West Washington Street

Indianapolis, IN 46222

$2,000,000
Price
Beds
12,600 Sq. Ft.
$159 / Sq. Ft.
12,600
Sq. Ft.
$159
per Sq. Ft.

Description

Welcome to Washington Village, a remarkable 20 unit apartment complex Indianapolis bridging downtown and Central State. Accommodating a variety of needs, Washington Village includes 3 of the units are 2-bedroom, 1 unit is a studio, the rest are 1-bedroom. Take advantage of the strong current income production from both short-term and long-term tenants. Offering a convenient on-site laundry facility, a cozy clubhouse, and a charming courtyard with grills, residents will have access to outdoor entertainment...Welcome to Washington Village, a remarkable 20 unit apartment complex Indianapolis bridging downtown and Central State. Accommodating a variety of needs, Washington Village includes 3 of the units are 2-bedroom, 1 unit is a studio, the rest are 1-bedroom. Take advantage of the strong current income production from both short-term and long-term tenants. Offering a convenient on-site laundry facility, a cozy clubhouse, and a charming courtyard with grills, residents will have access to outdoor entertainment space. 4 of the units are currently steady producing STR's, the rest are newly rehabbed for the long term tenants. With Indy's upcoming development along the White River, the critically acclaimed Indianapolis Zoo, the new Indy 11 soccer stadium that includes residential and retail development, and nearby Central State development, this location is a great opportunity to get in on some big things Indy has in store.
  1. Listed by Nathan Inskeep • Highgarden Real Estate • nathan@branchgrouprealty.com
  2. Listed by Mark Branch • Highgarden Real Estate

Property Details for 1918 West Washington Street

Subdivision Name
Traubs
Township
Center NW
Zoning
MF Dwelling

Location

Listing Courtesy of Highgarden Real Estate
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LISTING UPDATED: 05/10/2024 10:12 AM

Property Details for 1918 West Washington Street

StatusActive
MLS #21945966
Days on Market249
Taxes$3,354 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi-Family 5+
Year Built1920
Lot Size0.57 AC / 24,829 SF
CountyMarion County

Location

Listing Courtesy of Highgarden Real Estate
Add your commute

Building Information for 1918 West Washington Street

Stories-Residences20Year Built1920Building Size-Lot Size0.57 AC / 24,829 SF

Payment Calculator

$11,474 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,915

Property Taxes

$559

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1918 West Washington Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: Use GPS
  • Postal Code: 46222
  • Postal Code Plus4: 4568
  • Road Access: Frontage Road
  • Road Frontage Type: City Street, FrontageRd, Highway
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491103161001000101
  • Semi Annual Property Tax Amt: 3354
  • Tax Year: 2021
  • Additional Parcels Description: Mileys 2nd Add W W R L48 Ol17
  • TaxLot: 49-11-03-161-001.000-101
School Information
  • Elementary School: William Penn School 49
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: 1/2-1 Acre
  • Current Use: Apt>20
  • Lot Size Square Feet: 24953.0
  • Lot Size Acres: 0.57
  • New Construction: False
  • Possible Use: Apt>20
  • Space Available: 12000
  • Sq Ft Total: 12600.0
  • Year Built Numeric: 1920
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Legal Subdivision: Traubs West Add L1 Thru L3 & 47' E & Adj L1
  • Photos Count: 56
  • Property Sub Type: Multi-Family 5+
  • Property Type: Commercial Sale
  • Road Surface Type: Gravel
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Utilities: Electricity Connected, Gas, Water Connected
Interior and Exterior Features
Exterior Features
  • Fencing: Perimeter
Interior Features
  • Basement YN: Yes
  • Levels: Two and a Half
  • Laundry Features: Common Laundry
Multi Family
Multi-Family Information
  • Total Units: 20
Unit 1
  • Unit Kitchen: 140
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 2 Bedroom

Property History for 1918 West Washington Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1918 West Washington Street

Taxable ValueLand$26,100Additions$786,100Total$812,200
Tax Record2023$19,282 ($1,607 / month)
Home Facts
Beds1Total Finished SqFt840 SqFtAbove Grade Finished SqFt840 SqFtStories2Lot Size24,953 SqFtStyleSingle Family ResidenceYear Built1920Year Renovated1980ZoningZO01CountyMARIONAPN49-11-03-161-001.000-101

Schools near 1918 West Washington Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 7 to 8
Rating
School
Distance
William Penn School 49
PublicPK to 8

Arsenal Technical High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1918 West Washington Street is a multi-family home for sale in Indianapolis, IN 46222. This property was listed for sale on September 28, 2023 by Highgarden Real Estate, it's currently listed at $2,000,000. It has been on the market for a total of 249 days and was last sold on February 10, 2023. This listing's school district is Indianapolis Public Schools. Nearby schools include William Penn School 49, Arsenal Technical High School and George Washington Community High School (9-12). 1918 West Washington Street is a 0-bed, 0-bath, 12,600 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Highgarden Real Estate

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.