2729 Adams Street

Indianapolis, IN 46218

$140,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

A charming duplex opportunity! Discover the potential of this well-maintained 2-bedroom, 1-bathroom duplex located on Adams Street in Indianapolis. This versatile property is ideal for investors seeking a strong rental income or homeowners looking to offset their mortgage by renting out one side while living in the other. Each unit offers a comfortable and functional layout with two spacious bedrooms, a cozy living area, a full bathroom, and a well-equipped kitchen. Utilities (water, sewer, gas and...A charming duplex opportunity! Discover the potential of this well-maintained 2-bedroom, 1-bathroom duplex located on Adams Street in Indianapolis. This versatile property is ideal for investors seeking a strong rental income or homeowners looking to offset their mortgage by renting out one side while living in the other. Each unit offers a comfortable and functional layout with two spacious bedrooms, a cozy living area, a full bathroom, and a well-equipped kitchen. Utilities (water, sewer, gas and electricity) are separately metered! The 2733 is currently rented with a lease through April 30, 2025 while the 2729 side is currently vacant for showings. Don't miss out book your showing today! Tenants rights apply, do not disturb tenants.
  1. Listed by Denise LaChance • Tyler Knows Real Estate LLC • workwithd.lachance@gmail.com
  2. Listed by RJ LaChance • Tyler Knows Real Estate LLC

Property Details for 2729 Adams Street

Subdivision Name
Lenox
Township
Center
LISTING UPDATED: 12/31/2024 10:18 AM

Property Details for 2729 Adams Street

StatusPending
MLS #22016083
Days on Market4
Taxes$1,056 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1920
Lot Size0.11 AC / 4,791 SF
CountyMarion County

Building Information for 2729 Adams Street

Stories-Residences2Year Built1920Building Size-Lot Size0.11 AC / 4,791 SF

Property Information for 2729 Adams Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46218
  • Postal Code Plus4: 2908
  • Road Access: Not Applic
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 490729135066000101
  • Semi Annual Property Tax Amt: 1056
  • Tax Year: 2023
  • TaxLot: 351/352
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Residential
  • Lot Size Square Feet: 4704.0
  • Lot Size Acres: 0.11
  • New Construction: False
  • Structure Type: Duplex
  • Year Built Numeric: 1920
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: Yes
  • Legal Subdivision: Lenox Place 2nd Sec L351 & L352
  • Photos Count: 8
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
Interior Features
  • Basement YN: No
  • Cooling: None
  • Heating: Forced Air, Gas
  • Levels: One
Multi Family
Multi-Family Information
  • Total Units: 2
  • Garage Parking: On Street
Income & Expenses
  • Expenses: 100
  • Gross Income: $750.00
Unit 1
  • Unit Kitchen: 120
  • Unit Levels: 1
  • Unit Miscellaneous: No Equip
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Fuel Gas,Heat Forced
  • Unit Type Type: 2 Bedroom
Unit 2
  • Unit Kitchen: 120
  • Unit Levels: 1
  • Unit Miscellaneous: No Equip
  • Unit Rent Frequency: Monthly
  • Unit Utilities: Fuel Gas,Heat Forced
  • Unit Type Type: 2 Bedroom

Property History for 2729 Adams 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 2729 Adams Street

Taxable ValueLand$4,600Additions$84,400Total$89,000
Tax Record2023$2,111 ($176 / month)
Home Facts
Baths1Total Finished SqFt708 SqFtAbove Grade Finished SqFt708 SqFtStories1Lot Size4,704 SqFtStyleDuplexYear Built1920Year Renovated1965CountyMARIONAPN49-07-29-135-066.000-101

Schools near 2729 Adams 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
James Russell Lowell School 51
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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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 Tyler Knows Real Estate 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.