2407 East 16th Street

Indianapolis, IN 46201

$214,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Brookside charmer. This duplex boast 2 bedrooms, an office, and one full bath in each unit. The original charm still shines through when you walk through with tasteful updates to blend it all in. This is an investors dream! The greenway across the street gives the tenants the unique opportunity to have a park in their front yard for all to enjoy. All this space while having no responsibility to maintain? Located right next to another duplex, buy both and add four cash flowing doors to your portfolio!Brookside charmer. This duplex boast 2 bedrooms, an office, and one full bath in each unit. The original charm still shines through when you walk through with tasteful updates to blend it all in. This is an investors dream! The greenway across the street gives the tenants the unique opportunity to have a park in their front yard for all to enjoy. All this space while having no responsibility to maintain? Located right next to another duplex, buy both and add four cash flowing doors to your portfolio!
  1. Listed by Austin Fish • Go Fish Realty • austin@gofishrealty.net

Property Details for 2407 East 16th Street

Architectural Style
TraditonalAmerican
Subdivision Name
Shades Park
Township
Center NE
Zoning
MultiFamily
LISTING UPDATED: 09/26/2024 11:32 PM

Property Details for 2407 East 16th Street

StatusActive
MLS #21942159
Days on Market302
Taxes$1,153 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1917
Lot Size0.06 AC / 2,613 SF
CountyMarion County

Virtual Tour

Building Information for 2407 East 16th Street

Stories-Residences2Year Built1917Building Size-Lot Size0.06 AC / 2,613 SF

Property Information for 2407 East 16th Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: Use GPS
  • Postal Code: 46201
  • Postal Code Plus4: 1287
  • Road Access: Access Rd
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 490732109005000101
  • Semi Annual Property Tax Amt: 1153
  • Tax Exemption: None
  • Tax Year: 2023
  • TaxLot: 49-07-32-109-005.000-101
School Information
  • School District: Indianapolis Public Schools
Owner
  • Owner Pays: Ins Hazard, Insurance, Taxes
Virtual Tour
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Residential
  • Lot Size Square Feet: 2570.0
  • Lot Size Acres: 0.06
  • New Construction: False
  • Structure Type: Duplex
  • Year Built Numeric: 1917
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: Yes
  • Legal Subdivision: Shades Pk Add Sec 4 Ex 12Ft E Side L88 Ex 48.4Fts Of 38.8Ft N End Ex 42.4Ft W S End
  • Photos Count: 40
  • Property Attached: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: No
Interior and Exterior Features
Interior Features
  • Basement Description: Unfinished
  • Basement YN: Yes
  • Cooling: None
  • Heating: Forced Air
  • Levels: Two
  • Laundry Features: Connections All
  • Multi Baths: 2
  • Multi Beds: 6
Multi Family
Multi-Family Information
  • Total Units: 2
  • Garage Parking: On Street
Income & Expenses
  • Expenses: 1670
  • Net Operating Income: $17,539.00
  • Gross Income: $20,880.00
Unit 1
  • Unit Kitchen: 120
  • Unit Levels: 2
  • Unit Miscellaneous: Range/Oven,Refrigrater,Washer,Other
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 2 Bedroom
Unit 2
  • Unit Kitchen: 120
  • Unit Levels: 2
  • Unit Miscellaneous: Lndry Conn,Range/Oven,Refrigrater
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 2 Bedroom
Rental
Rental Information
  • Tenant Pays: All Utilities

Property History for 2407 East 16th 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 2407 East 16th Street

Taxable ValueLand$3,600Additions$116,000Total$119,600
Tax Record2023$2,837 ($236 / month)
Home Facts
Total Finished SqFt1,120 SqFtAbove Grade Finished SqFt1,120 SqFtStories2Lot Size2,570 SqFtStyleDuplexYear Built1917ZoningZO01CountyMARIONAPN49-07-32-109-005.000-101

Schools near 2407 East 16th Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Brookside School 54
PublicPK to 6

Arlington Community Middle School
Public7 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.

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2407 East 16th Street is a multi-family home for sale in Indianapolis, IN 46201. This property was listed for sale on September 7, 2023 by Go Fish Realty, it's currently listed at $214,900. It has been on the market for a total of 302 days and was last sold on September 24, 2021. This listing's school district is Indianapolis Public Schools. Nearby schools include Brookside School 54, Arlington Community Middle School and George Washington Community High School (9-12). 2407 East 16th Street is a 0-bed, 0-bath, multi-family home built in 1917.

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 Go Fish Realty

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.