1357 West Stop 11 Road

Indianapolis, IN 46217

$375,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This income-producing gem brings in $3,900 monthly in rent! Unit A has been refreshed with updated plumbing, electrical, and lighting, while Units B and D have been fully modernized. A common laundry area adds convenience, and the attached garage offers the possibility of converting into a 6th unit. The lease for Unit B ended in July, with other units leased through January 2025. Plus, the property features an updated furnace and water heater, ensuring everything runs smoothly.This income-producing gem brings in $3,900 monthly in rent! Unit A has been refreshed with updated plumbing, electrical, and lighting, while Units B and D have been fully modernized. A common laundry area adds convenience, and the attached garage offers the possibility of converting into a 6th unit. The lease for Unit B ended in July, with other units leased through January 2025. Plus, the property features an updated furnace and water heater, ensuring everything runs smoothly.
  1. Listed by Connor Jones • Mark Dietel Realty, LLC • connor.jones@markdietel.com

Property Details for 1357 West Stop 11 Road

Subdivision Name
No Subdivision
Township
Perry
LISTING UPDATED: 08/28/2024 09:54 AM

Property Details for 1357 West Stop 11 Road

StatusActive
MLS #21964247
Days on Market263
Taxes$2,492 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1930
Lot Size2.74 AC / 119,354 SF
CountyMarion County

Building Information for 1357 West Stop 11 Road

Stories-Residences4Year Built1930Building Size-Lot Size2.74 AC / 119,354 SF

Property Information for 1357 West Stop 11 Road

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46217
  • Postal Code Plus4: 4700
  • Road Access: Not Applic
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491422131008000500
  • Semi Annual Property Tax Amt: 2492
  • Tax Year: 2022
  • TaxLot: 119,354
School Information
  • School District: Perry Township Schools
Parking
  • Garage Spaces: 3.0
Virtual Tour
Property
Lot Information
  • Acreage: 1-3 Acres
  • Current Use: Residential
  • Lot Size Square Feet: 119354.0
  • Lot Size Acres: 2.74
  • New Construction: False
  • Year Built Numeric: 1930
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: Yes
  • Legal Subdivision: Pt Ne1/4 S22 T14 R3 Beg 1121Ft E Of Nw Cor S300ft W 110Ft S 471.43Ft E 180Ft N 321.43Ft E30ftn 150Ft W 30Ft N 300Ft W 100Ft T
  • Photos Count: 36
  • Property Sub Type: Fourplex
  • Property Type: Residential Income
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: No
Interior and Exterior Features
Interior Features
  • Basement YN: No
  • Cooling: Central Electric
  • Levels: Two
  • Laundry Features: Common Laundry
Multi Family
Multi-Family Information
  • Total Units: 4
Income & Expenses
  • Expenses: 1000
  • Gross Income: $3,900.00
Unit 1
  • Unit Kitchen: 100
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
Unit 2
  • Unit Kitchen: 100
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
Unit 3
  • Unit Kitchen: 100
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
Unit 4
  • Unit Kitchen: 100
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
Unit 5
  • Unit Kitchen: 100
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly

Property History for 1357 West Stop 11 Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1357 West Stop 11 Road

Taxable ValueLand$35,500Additions$193,600Total$229,100
Tax Record2023$5,852 ($488 / month)
Home Facts
Total Finished SqFt3,360 SqFtAbove Grade Finished SqFt3,360 SqFtStories2Lot Size119,354 SqFtStyleTriplexYear Built1930CountyMARIONAPN49-14-22-131-008.000-500

Schools near 1357 West Stop 11 Road

This home is within Perry Township Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Glenns Valley Elementary School
PublicPK to 5

Perry Meridian 6th Grade Academy
Public6

Perry Meridian Middle School
Public7 to 8

Perry Meridian 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.

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1357 West Stop 11 Road is a multi-family home for sale in Indianapolis, IN 46217. This property was listed for sale on February 16, 2024 by Mark Dietel Realty, LLC, it's currently listed at $375,000. It has been on the market for a total of 263 days and was last sold on March 17, 2020. This listing's school district is Perry Township Schools. Nearby schools include Glenns Valley Elementary School, Perry Meridian 6th Grade Academy and Perry Meridian Middle School. 1357 West Stop 11 Road is a 0-bed, 0-bath, multi-family home built in 1930.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mark Dietel Realty, LLC

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.